March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for…
March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam…
March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17th annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus…
March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at…
March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March…
March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for…
March 27: The 3rd International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the…
March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the…
March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one…
March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company.…
March 27: Siddhartha Development Bank has started its 37th branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank.…
March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the…
March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal…
March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance.…
March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5580', 'article_category_id' => '1', 'title' => 'Ceat Tyres organizes Customer Meet Program', 'sub_title' => '', 'summary' => 'March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.', 'content' => '<p style="text-align: justify;">March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.</p> <p style="text-align: justify;">Speaking in the program, Rajnish Kumar, Nepal Country Manager of Ceat Tyres said that the product is popular throughout the world. “Ceat Tyres that is highly demanded in Nepal is very tough and reliable,” he said. He claimed that the tyre has been able to win the customers trust.</p> <p style="text-align: justify;">The program that was organized in Hotel Snowland at Lakeside Pokhara was participated by more than 100 transport entrepreneurs and customers. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5365', 'image' => '20170328120736_ceat.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5579', 'article_category_id' => '1', 'title' => 'Renault Wow Exchange Carnival', 'sub_title' => '', 'summary' => 'March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.', 'content' => '<p style="text-align: justify;">March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.</p> <p style="text-align: justify;">According to the company, the exchange offer is available on Renault’s Kwid and Duster models. Under the offer, Renault KWID and Duster can be purchase with a minimum monthly installment, informed Advanced Automobiles. The vehicles are available in easy finance and exchange facility with 8.99 percent annual interest rate. “KWID and Duster are now available at EMI of Rs 28,200 and Rs 13,357 respectively,” reads the statement. Apart from it, cash discount, free servicing for two years, free road tax for a year and five years warranty are other attractions of the scheme.</p> <p style="text-align: justify;">Similarly, the exchange carnival is being held in Kathmandu from March 24-29, in Bhairahawa and Birtamode from March 26-28, in Butwal and Biratnagar from March 29-31 and in Narayanghat and Pokhara from April 1-3. On-the-spot finance and exchange facilities are available at the carnival, said the company.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5364', 'image' => '20170328114002_renault.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5578', 'article_category_id' => '1', 'title' => 'NLIC to Distribute 26.30% Bonus', 'sub_title' => '', 'summary' => 'March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17th annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.', 'content' => '<p style="text-align: justify;">March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17<sup>th</sup> annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.</p> <p style="text-align: justify;">According to the company, the paid-up capital of the company will reach to Rs 3.09 billion after the distribution of bonus share. The paid-up capital is the highest among the insurance companies, claimed NLIC. In the AGM, Ramesh Gupta, Chairman of the company presented annual report and other financial reports of the company. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5363', 'image' => '20170328111538_nlic.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5577', 'article_category_id' => '1', 'title' => 'ICRA Grade 4+ rating to Prabhu Insurance', 'sub_title' => '', 'summary' => 'March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.', 'content' => '<p>March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.</p> <p>According to ICRA, institutional promoter support of Employees Provident Fund with 15% shareholding and partnership with Prabhu Group is the positive aspects of the company. Moreover, underwriting performance, backed by higher premium retention of 57% in FY2015-16 and decline in commission expense leading to fair profitability indicators are also positive aspects of the company, mentioned ICRA.</p> <p>However, the grading is constrained by the company’s modest business growth and high reliance on institutional clients for premium earnings, as per ICRA. ICRA highlighted that the impact of April/May 2015 earthquake on the company’s claims paying ability, solvency position and profitability was cushioned by adequate catastrophic reinsurance arrangements. However, delayed recovery of claims from reinsurers post-earthquake undermines the level of reinsurance support available with Prabhu Insurance in case of similar catastrophe in future. The grading is also limited by declining yield on investment portfolio which could affect incremental returns and stiff competition from larger players in the Nepalese general insurance industry, said ICRA. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5362', 'image' => '20170328111419_prabhu insurance.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5576', 'article_category_id' => '1', 'title' => 'Int’l Conference on Small Hydropower Projects from March 28', 'sub_title' => '', 'summary' => 'March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.', 'content' => '<p>March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.</p> <p>The conference is going to be jointly organised by the Nepal Academy of Science and Technology (NAST) and Hangzhou Regional Centre for Small Hydropower (HRC).</p> <p>The conference titled 'Small Hydropower Development Planning for South Asian Countries' will observe the participation of all the SAARC countries except the Maldives as well as China, in the conference.</p> <p>According to NAST, there will be 19 representatives from the hydropower sector outside the country and 11 representatives from Nepal. </p> <p>The event is held in a bid to explore the possibility of Chinese financial and technical support in small hydropower projects in South Asian countries.</p> <p>In addition to that, the participants will also share their experiences in the sector during the event with a purpose to learn from each other.</p> <p>"The programme will mainly stress on the issues related to research, technology, technical assistance and investment in the sector," says Suresh Kumar Dhungel, Chief of Technology Department at NAST.</p> <p>Among these, the matters which have potentials will be moved forward for agreement. Also, two working papers will be presented from Nepal which will include the report about the status of hydropower development in Nepal and experiences on resolving the problems faced. Other countries will also present their respective working papers during the programme. </p> <p>China’s interest has been increasing in the South Asian countries in recent years. China has been adopting various approaches to make connectivity with SAARC countries through roads, trade and cooperation in various sectors. The conference is regarded as one such link in a series of programmes.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5361', 'image' => '20170327034111_nast.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5575', 'article_category_id' => '1', 'title' => 'Ncell Slashes Call Charges of 30 Countries', 'sub_title' => '', 'summary' => 'March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.', 'content' => '<p style="text-align: justify;">March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.</p> <p style="text-align: justify;">According to the company, the customers can use the offer while making calls to India, China, USA, England, Canada, Hongkong, Germany, Singapore, Sweden, New Zealand and others. Currently, the company is charging up to Rs 50 per minute to the customers making calls to the aforementioned countries.</p> <p style="text-align: justify;">As per the company, the users can participate in the scheme by dialing in *17107#. Similarly, the subscribers can activate the offer by texting A and send to 17107 or dialing 17107 and following the instructions, reads the statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5360', 'image' => '20170327014454_ncell.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5574', 'article_category_id' => '1', 'title' => 'International Flora Expo to Kick-off', 'sub_title' => '', 'summary' => 'March 27: The 3rd International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.', 'content' => '<p style="text-align: justify;">March 27: The 3<sup>rd</sup> International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.</p> <p style="text-align: justify;">The expo will showcase various seasonal flowers, cut flowers, dry flowers, compost fertilizer and ornamental flowers. Similarly, stalls of green house, planting materials, tools and technologies related to agriculture will be showcased in the expo, informed the organizer.</p> <p style="text-align: justify;">Moreover, the expo will also conduct competition among the flower traders in various categories. The winners of the competition will be provided cash, shield and certificates, as per the organizers. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5359', 'image' => '20170327013239_flora.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5573', 'article_category_id' => '1', 'title' => 'Elephone Smartphones in the Market', 'sub_title' => '', 'summary' => 'March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.', 'content' => '<p style="text-align: justify;">March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.</p> <p style="text-align: justify;">Elephone handsets are packed with 13 MP rear camera, long lasting battery and high quality processor. Similarly, the smartphones are equipped with 4 GB RAM and 16 GB ROM which can be extended upto 64 GB through SD card slot. According to the company, the handsets come with one year warranty and batteries with six months warranty.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5358', 'image' => '20170327010811_elephone.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5572', 'article_category_id' => '1', 'title' => 'Dani Wins Yamaha iPhone 6', 'sub_title' => '', 'summary' => 'March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.', 'content' => '<p style="text-align:justify">March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.</p> <p style="text-align:justify">Meanwhile, the company also announced the winners of ‘Valentine Week Campaign’ which was conducted for a week. Under the scheme, the company handed over hand bags to participants Jiban Kumar Magar and Romanch Dallakoti and perfume to Iswor Ranjan Thapa. Similarly, Sunil Manandhar and Ninu Maya Gurung bagged Boss Orange Sunglass and Gucci Perfume respectively. Likewise, the company provided watch to Laxmi Karki and Nilofar Prabin each, read the press statement issued by the company.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5357', 'image' => '20170327010626_yamaha.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5571', 'article_category_id' => '1', 'title' => 'Reliance Finance Starts New Branch', 'sub_title' => '', 'summary' => 'March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. ', 'content' => '<p style="text-align: justify;">March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5356', 'image' => '20170327110346_reliance.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5570', 'article_category_id' => '1', 'title' => 'Siddhartha Devt Bank’s Branch at Lekhnath', 'sub_title' => '', 'summary' => 'March 27: Siddhartha Development Bank has started its 37th branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. ', 'content' => '<p style="text-align:justify">March 27: Siddhartha Development Bank has started its 37<sup>th</sup> branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5355', 'image' => '20170327105440_siddartha devt.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5569', 'article_category_id' => '1', 'title' => 'BPC Declares Construction of Two New Projects ', 'sub_title' => '50th Anniversary of BPC', 'summary' => 'March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.', 'content' => '<p style="text-align: justify;">March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.</p> <p style="text-align: justify;">He made this remark while addressing the 50<sup>th</sup> anniversary function of the Butwal Power Company (BPC) in the capital on March 25. “Tell us directly about the problems faced while constructing the projects,” he said, adding, “We will solve them as soon as possible.”</p> <p style="text-align: justify;">Similarly, the Minister mentioned that the BPC has made considerable contribution in the development of the country.</p> <p style="text-align: justify;">“The country can develop by creating favorable environment for enabling participation of the private sector,” he emphasized.</p> <p style="text-align: justify;"> The minister said his Ministry is moving ahead by addressing problems in policy level including solving practical problems.</p> <p style="text-align: justify;">“There is a tradition of obstructing works in various excuses,” he further said, adding, “We have been moving ahead by removing those obstacles.”</p> <p style="text-align: justify;">Likewise, Padam Jyoti, Chairman of Board of Directors of the Company declared the launching of two projects on March 23.</p> <p style="text-align: justify;">The company has started 37.6 MW Kabeli 'A' in Taplejung district and 30 MW Nyadi project in Lamjung aiming to complete them by 2020.</p> <p style="text-align: justify;">“Within three years, we will be connecting 67.6 MW in the national grid,” he informed.</p> <p style="text-align: justify;">InfraCo Asia, Singapore is partnered for Kabeli 'A' in Taplejung whereas Lamjung Electricity Development Company is partnered in the Nyadi Hydropower Project.</p> <p style="text-align: justify;">Similarly, the company informed that 100 MW Lower Manang Marsyangdi project is also under consideration.</p> <p style="text-align: justify;">Established as a private limited company in 2022 BS, the company was turned into a public limited company in 2049 BS. Privatized in 2059 BS, the company has subsidiary companies that work for hydropower related construction of projects.</p> <p style="text-align: justify;">Under this, the subsidiary companies work on electricity generation, distribution and engineering counseling services. The companies also study on sediment and hydraulic models of rivers, produces and repairs hydro-electrical and hydro-mechanical equipments, repairs power houses and transmission lines. </p> <p style="text-align: justify;">The subsidiary companies of BPC are also providing services to projects of Nepal Electricity Authority (NEA) and other projects of other companies. Similarly, the subsidiary companies are also providing their services in foreign countries as well.</p> <p style="text-align: justify;">There is investment from private sector, government, employees and general public in BPC projects. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5354', 'image' => '20170326053444_BPC 50TH ANN.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5568', 'article_category_id' => '1', 'title' => 'Large Institutions Avoiding Advertising Tax', 'sub_title' => '', 'summary' => 'March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.', 'content' => '<p style="text-align: justify;">March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.</p> <p style="text-align: justify;">According to Abdul Majeed Khan, Section Officer at the KMC Revenue Department, KMC has been successful in collecting around Rs forty million in advertising revenue until March in the current fiscal year.</p> <p style="text-align: justify;">In the last FY 2015-16, KMC had collected a total revenue of rupees 41.8 million, whereas this year, the revenue collection has reached Rs 40 million till date, which is four months before the end of the Nepali fiscal year. In the previous year, the revenue collected till the month of March was only Rs 900,000.</p> <p style="text-align: justify;">The organisations have to pay the tax to the KMC for any kind of promotional materials including hoarding boards, neon board (electric), digital display advertisements pasted on rickshaws and other means of transportation and online advertisements.</p> <p style="text-align: justify;">Section Officer Khan says that a strict campaign has been launched so that all the institutions will be obliged to pay the revenue. He said that KMC has been strictly running the campaign and also has removed the hoarding boards and has been blacklisting the companies which have not paid their revenue on time for the last few days.</p> <p style="text-align: justify;">"Various small and large financial institutions including banks, remittance companies, cement factories, cinema halls, <br /> mobile phone companies and internet service provider companies have not been submitting their revenue on time," informed Khan. </p> <p style="text-align: justify;">Besides this, many other institutions have also not showed their concern on paying the revenue.</p> <p style="text-align: justify;">According to KMC, there are many companies which have been pasting pamphlets, hoarding boards, posters in a manner that causes pollution, but they are not showing concern to pay the revenue. KMC says that such companies will be taken strict action.</p> <p style="text-align: justify;">According to KMC, the companies which will not pay their revenues till the end of this FY will be blacklisted.</p> <p style="text-align: justify;">Similarly, KMC will be charging a fine of Rs 5,000 to Rs 100,000 from the companies which have placed their hoarding boards and banners illegally without taking the permission from the authorised institutions.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5353', 'image' => '20170326050045_hoarding_boards.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5567', 'article_category_id' => '1', 'title' => 'Butwal Power to float FPO', 'sub_title' => '', 'summary' => 'March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. ', 'content' => '<p style="text-align: justify;">March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5352', 'image' => '20170326045454_bpc.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5566', 'article_category_id' => '1', 'title' => 'Nebico Sugar Free Digestive Biscuit in New Packaging', 'sub_title' => '', 'summary' => 'March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.', 'content' => '<p style="text-align: justify;">March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.</p> <p style="text-align: justify;">“Although Nebico is a Nepali Company, it is providing international standard products to the consumers,” said Keshav Bhattarai, Acting CEO of the company. Similarly, Arun Poudel, Brand Manager of the company claimed that the Nebico Sugar Free Digestive Biscuit is superior compare to foreign brands.</p> <p style="text-align: justify;">Likewise, Prakash Karki, Sales Manager of the company said that the biscuit that is available in the market since the past three years has hit the market with international standard packaging. According to Karki, the biscuit is available in 110grams and 220 grams with a price tag of Rs 50 and Rs 100 respectively.</p> <p style="text-align: justify;">The company that started productions since 1954 has already obtained Nepal Standards (NS) and ISO 9001:2008 certifications,” said Suraj Upadhaya, Gandaki In-charge of the company. The products of the company include Coconut, Glucose, Thin Arrowroot, Khaja, Trekker Choice and Trekker Choice (Aata). </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5351', 'image' => '20170326032057_nebico.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5580', 'article_category_id' => '1', 'title' => 'Ceat Tyres organizes Customer Meet Program', 'sub_title' => '', 'summary' => 'March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.', 'content' => '<p style="text-align: justify;">March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.</p> <p style="text-align: justify;">Speaking in the program, Rajnish Kumar, Nepal Country Manager of Ceat Tyres said that the product is popular throughout the world. “Ceat Tyres that is highly demanded in Nepal is very tough and reliable,” he said. He claimed that the tyre has been able to win the customers trust.</p> <p style="text-align: justify;">The program that was organized in Hotel Snowland at Lakeside Pokhara was participated by more than 100 transport entrepreneurs and customers. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5365', 'image' => '20170328120736_ceat.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5579', 'article_category_id' => '1', 'title' => 'Renault Wow Exchange Carnival', 'sub_title' => '', 'summary' => 'March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.', 'content' => '<p style="text-align: justify;">March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.</p> <p style="text-align: justify;">According to the company, the exchange offer is available on Renault’s Kwid and Duster models. Under the offer, Renault KWID and Duster can be purchase with a minimum monthly installment, informed Advanced Automobiles. The vehicles are available in easy finance and exchange facility with 8.99 percent annual interest rate. “KWID and Duster are now available at EMI of Rs 28,200 and Rs 13,357 respectively,” reads the statement. Apart from it, cash discount, free servicing for two years, free road tax for a year and five years warranty are other attractions of the scheme.</p> <p style="text-align: justify;">Similarly, the exchange carnival is being held in Kathmandu from March 24-29, in Bhairahawa and Birtamode from March 26-28, in Butwal and Biratnagar from March 29-31 and in Narayanghat and Pokhara from April 1-3. On-the-spot finance and exchange facilities are available at the carnival, said the company.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5364', 'image' => '20170328114002_renault.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5578', 'article_category_id' => '1', 'title' => 'NLIC to Distribute 26.30% Bonus', 'sub_title' => '', 'summary' => 'March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17th annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.', 'content' => '<p style="text-align: justify;">March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17<sup>th</sup> annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.</p> <p style="text-align: justify;">According to the company, the paid-up capital of the company will reach to Rs 3.09 billion after the distribution of bonus share. The paid-up capital is the highest among the insurance companies, claimed NLIC. In the AGM, Ramesh Gupta, Chairman of the company presented annual report and other financial reports of the company. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5363', 'image' => '20170328111538_nlic.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5577', 'article_category_id' => '1', 'title' => 'ICRA Grade 4+ rating to Prabhu Insurance', 'sub_title' => '', 'summary' => 'March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.', 'content' => '<p>March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.</p> <p>According to ICRA, institutional promoter support of Employees Provident Fund with 15% shareholding and partnership with Prabhu Group is the positive aspects of the company. Moreover, underwriting performance, backed by higher premium retention of 57% in FY2015-16 and decline in commission expense leading to fair profitability indicators are also positive aspects of the company, mentioned ICRA.</p> <p>However, the grading is constrained by the company’s modest business growth and high reliance on institutional clients for premium earnings, as per ICRA. ICRA highlighted that the impact of April/May 2015 earthquake on the company’s claims paying ability, solvency position and profitability was cushioned by adequate catastrophic reinsurance arrangements. However, delayed recovery of claims from reinsurers post-earthquake undermines the level of reinsurance support available with Prabhu Insurance in case of similar catastrophe in future. The grading is also limited by declining yield on investment portfolio which could affect incremental returns and stiff competition from larger players in the Nepalese general insurance industry, said ICRA. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5362', 'image' => '20170328111419_prabhu insurance.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5576', 'article_category_id' => '1', 'title' => 'Int’l Conference on Small Hydropower Projects from March 28', 'sub_title' => '', 'summary' => 'March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.', 'content' => '<p>March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.</p> <p>The conference is going to be jointly organised by the Nepal Academy of Science and Technology (NAST) and Hangzhou Regional Centre for Small Hydropower (HRC).</p> <p>The conference titled 'Small Hydropower Development Planning for South Asian Countries' will observe the participation of all the SAARC countries except the Maldives as well as China, in the conference.</p> <p>According to NAST, there will be 19 representatives from the hydropower sector outside the country and 11 representatives from Nepal. </p> <p>The event is held in a bid to explore the possibility of Chinese financial and technical support in small hydropower projects in South Asian countries.</p> <p>In addition to that, the participants will also share their experiences in the sector during the event with a purpose to learn from each other.</p> <p>"The programme will mainly stress on the issues related to research, technology, technical assistance and investment in the sector," says Suresh Kumar Dhungel, Chief of Technology Department at NAST.</p> <p>Among these, the matters which have potentials will be moved forward for agreement. Also, two working papers will be presented from Nepal which will include the report about the status of hydropower development in Nepal and experiences on resolving the problems faced. Other countries will also present their respective working papers during the programme. </p> <p>China’s interest has been increasing in the South Asian countries in recent years. China has been adopting various approaches to make connectivity with SAARC countries through roads, trade and cooperation in various sectors. The conference is regarded as one such link in a series of programmes.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5361', 'image' => '20170327034111_nast.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5575', 'article_category_id' => '1', 'title' => 'Ncell Slashes Call Charges of 30 Countries', 'sub_title' => '', 'summary' => 'March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.', 'content' => '<p style="text-align: justify;">March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.</p> <p style="text-align: justify;">According to the company, the customers can use the offer while making calls to India, China, USA, England, Canada, Hongkong, Germany, Singapore, Sweden, New Zealand and others. Currently, the company is charging up to Rs 50 per minute to the customers making calls to the aforementioned countries.</p> <p style="text-align: justify;">As per the company, the users can participate in the scheme by dialing in *17107#. Similarly, the subscribers can activate the offer by texting A and send to 17107 or dialing 17107 and following the instructions, reads the statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5360', 'image' => '20170327014454_ncell.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5574', 'article_category_id' => '1', 'title' => 'International Flora Expo to Kick-off', 'sub_title' => '', 'summary' => 'March 27: The 3rd International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.', 'content' => '<p style="text-align: justify;">March 27: The 3<sup>rd</sup> International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.</p> <p style="text-align: justify;">The expo will showcase various seasonal flowers, cut flowers, dry flowers, compost fertilizer and ornamental flowers. Similarly, stalls of green house, planting materials, tools and technologies related to agriculture will be showcased in the expo, informed the organizer.</p> <p style="text-align: justify;">Moreover, the expo will also conduct competition among the flower traders in various categories. The winners of the competition will be provided cash, shield and certificates, as per the organizers. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5359', 'image' => '20170327013239_flora.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5573', 'article_category_id' => '1', 'title' => 'Elephone Smartphones in the Market', 'sub_title' => '', 'summary' => 'March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.', 'content' => '<p style="text-align: justify;">March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.</p> <p style="text-align: justify;">Elephone handsets are packed with 13 MP rear camera, long lasting battery and high quality processor. Similarly, the smartphones are equipped with 4 GB RAM and 16 GB ROM which can be extended upto 64 GB through SD card slot. According to the company, the handsets come with one year warranty and batteries with six months warranty.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5358', 'image' => '20170327010811_elephone.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5572', 'article_category_id' => '1', 'title' => 'Dani Wins Yamaha iPhone 6', 'sub_title' => '', 'summary' => 'March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.', 'content' => '<p style="text-align:justify">March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.</p> <p style="text-align:justify">Meanwhile, the company also announced the winners of ‘Valentine Week Campaign’ which was conducted for a week. Under the scheme, the company handed over hand bags to participants Jiban Kumar Magar and Romanch Dallakoti and perfume to Iswor Ranjan Thapa. Similarly, Sunil Manandhar and Ninu Maya Gurung bagged Boss Orange Sunglass and Gucci Perfume respectively. Likewise, the company provided watch to Laxmi Karki and Nilofar Prabin each, read the press statement issued by the company.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5357', 'image' => '20170327010626_yamaha.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5571', 'article_category_id' => '1', 'title' => 'Reliance Finance Starts New Branch', 'sub_title' => '', 'summary' => 'March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. ', 'content' => '<p style="text-align: justify;">March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5356', 'image' => '20170327110346_reliance.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5570', 'article_category_id' => '1', 'title' => 'Siddhartha Devt Bank’s Branch at Lekhnath', 'sub_title' => '', 'summary' => 'March 27: Siddhartha Development Bank has started its 37th branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. ', 'content' => '<p style="text-align:justify">March 27: Siddhartha Development Bank has started its 37<sup>th</sup> branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5355', 'image' => '20170327105440_siddartha devt.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5569', 'article_category_id' => '1', 'title' => 'BPC Declares Construction of Two New Projects ', 'sub_title' => '50th Anniversary of BPC', 'summary' => 'March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.', 'content' => '<p style="text-align: justify;">March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.</p> <p style="text-align: justify;">He made this remark while addressing the 50<sup>th</sup> anniversary function of the Butwal Power Company (BPC) in the capital on March 25. “Tell us directly about the problems faced while constructing the projects,” he said, adding, “We will solve them as soon as possible.”</p> <p style="text-align: justify;">Similarly, the Minister mentioned that the BPC has made considerable contribution in the development of the country.</p> <p style="text-align: justify;">“The country can develop by creating favorable environment for enabling participation of the private sector,” he emphasized.</p> <p style="text-align: justify;"> The minister said his Ministry is moving ahead by addressing problems in policy level including solving practical problems.</p> <p style="text-align: justify;">“There is a tradition of obstructing works in various excuses,” he further said, adding, “We have been moving ahead by removing those obstacles.”</p> <p style="text-align: justify;">Likewise, Padam Jyoti, Chairman of Board of Directors of the Company declared the launching of two projects on March 23.</p> <p style="text-align: justify;">The company has started 37.6 MW Kabeli 'A' in Taplejung district and 30 MW Nyadi project in Lamjung aiming to complete them by 2020.</p> <p style="text-align: justify;">“Within three years, we will be connecting 67.6 MW in the national grid,” he informed.</p> <p style="text-align: justify;">InfraCo Asia, Singapore is partnered for Kabeli 'A' in Taplejung whereas Lamjung Electricity Development Company is partnered in the Nyadi Hydropower Project.</p> <p style="text-align: justify;">Similarly, the company informed that 100 MW Lower Manang Marsyangdi project is also under consideration.</p> <p style="text-align: justify;">Established as a private limited company in 2022 BS, the company was turned into a public limited company in 2049 BS. Privatized in 2059 BS, the company has subsidiary companies that work for hydropower related construction of projects.</p> <p style="text-align: justify;">Under this, the subsidiary companies work on electricity generation, distribution and engineering counseling services. The companies also study on sediment and hydraulic models of rivers, produces and repairs hydro-electrical and hydro-mechanical equipments, repairs power houses and transmission lines. </p> <p style="text-align: justify;">The subsidiary companies of BPC are also providing services to projects of Nepal Electricity Authority (NEA) and other projects of other companies. Similarly, the subsidiary companies are also providing their services in foreign countries as well.</p> <p style="text-align: justify;">There is investment from private sector, government, employees and general public in BPC projects. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5354', 'image' => '20170326053444_BPC 50TH ANN.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5568', 'article_category_id' => '1', 'title' => 'Large Institutions Avoiding Advertising Tax', 'sub_title' => '', 'summary' => 'March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.', 'content' => '<p style="text-align: justify;">March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.</p> <p style="text-align: justify;">According to Abdul Majeed Khan, Section Officer at the KMC Revenue Department, KMC has been successful in collecting around Rs forty million in advertising revenue until March in the current fiscal year.</p> <p style="text-align: justify;">In the last FY 2015-16, KMC had collected a total revenue of rupees 41.8 million, whereas this year, the revenue collection has reached Rs 40 million till date, which is four months before the end of the Nepali fiscal year. In the previous year, the revenue collected till the month of March was only Rs 900,000.</p> <p style="text-align: justify;">The organisations have to pay the tax to the KMC for any kind of promotional materials including hoarding boards, neon board (electric), digital display advertisements pasted on rickshaws and other means of transportation and online advertisements.</p> <p style="text-align: justify;">Section Officer Khan says that a strict campaign has been launched so that all the institutions will be obliged to pay the revenue. He said that KMC has been strictly running the campaign and also has removed the hoarding boards and has been blacklisting the companies which have not paid their revenue on time for the last few days.</p> <p style="text-align: justify;">"Various small and large financial institutions including banks, remittance companies, cement factories, cinema halls, <br /> mobile phone companies and internet service provider companies have not been submitting their revenue on time," informed Khan. </p> <p style="text-align: justify;">Besides this, many other institutions have also not showed their concern on paying the revenue.</p> <p style="text-align: justify;">According to KMC, there are many companies which have been pasting pamphlets, hoarding boards, posters in a manner that causes pollution, but they are not showing concern to pay the revenue. KMC says that such companies will be taken strict action.</p> <p style="text-align: justify;">According to KMC, the companies which will not pay their revenues till the end of this FY will be blacklisted.</p> <p style="text-align: justify;">Similarly, KMC will be charging a fine of Rs 5,000 to Rs 100,000 from the companies which have placed their hoarding boards and banners illegally without taking the permission from the authorised institutions.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5353', 'image' => '20170326050045_hoarding_boards.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5567', 'article_category_id' => '1', 'title' => 'Butwal Power to float FPO', 'sub_title' => '', 'summary' => 'March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. ', 'content' => '<p style="text-align: justify;">March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5352', 'image' => '20170326045454_bpc.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5566', 'article_category_id' => '1', 'title' => 'Nebico Sugar Free Digestive Biscuit in New Packaging', 'sub_title' => '', 'summary' => 'March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.', 'content' => '<p style="text-align: justify;">March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.</p> <p style="text-align: justify;">“Although Nebico is a Nepali Company, it is providing international standard products to the consumers,” said Keshav Bhattarai, Acting CEO of the company. Similarly, Arun Poudel, Brand Manager of the company claimed that the Nebico Sugar Free Digestive Biscuit is superior compare to foreign brands.</p> <p style="text-align: justify;">Likewise, Prakash Karki, Sales Manager of the company said that the biscuit that is available in the market since the past three years has hit the market with international standard packaging. According to Karki, the biscuit is available in 110grams and 220 grams with a price tag of Rs 50 and Rs 100 respectively.</p> <p style="text-align: justify;">The company that started productions since 1954 has already obtained Nepal Standards (NS) and ISO 9001:2008 certifications,” said Suraj Upadhaya, Gandaki In-charge of the company. The products of the company include Coconut, Glucose, Thin Arrowroot, Khaja, Trekker Choice and Trekker Choice (Aata). </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5351', 'image' => '20170326032057_nebico.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5580', 'article_category_id' => '1', 'title' => 'Ceat Tyres organizes Customer Meet Program', 'sub_title' => '', 'summary' => 'March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.', 'content' => '<p style="text-align: justify;">March 28: Ceat Tyres has ogranised a customer meet program at Pokhara. “The meet program was organized in a bid to provide information to customers about special features of Ceat Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers, the authorized distributor of Ceat Tyres for Pokhara.</p> <p style="text-align: justify;">Speaking in the program, Rajnish Kumar, Nepal Country Manager of Ceat Tyres said that the product is popular throughout the world. “Ceat Tyres that is highly demanded in Nepal is very tough and reliable,” he said. He claimed that the tyre has been able to win the customers trust.</p> <p style="text-align: justify;">The program that was organized in Hotel Snowland at Lakeside Pokhara was participated by more than 100 transport entrepreneurs and customers. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5365', 'image' => '20170328120736_ceat.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5579', 'article_category_id' => '1', 'title' => 'Renault Wow Exchange Carnival', 'sub_title' => '', 'summary' => 'March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.', 'content' => '<p style="text-align: justify;">March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.</p> <p style="text-align: justify;">According to the company, the exchange offer is available on Renault’s Kwid and Duster models. Under the offer, Renault KWID and Duster can be purchase with a minimum monthly installment, informed Advanced Automobiles. The vehicles are available in easy finance and exchange facility with 8.99 percent annual interest rate. “KWID and Duster are now available at EMI of Rs 28,200 and Rs 13,357 respectively,” reads the statement. Apart from it, cash discount, free servicing for two years, free road tax for a year and five years warranty are other attractions of the scheme.</p> <p style="text-align: justify;">Similarly, the exchange carnival is being held in Kathmandu from March 24-29, in Bhairahawa and Birtamode from March 26-28, in Butwal and Biratnagar from March 29-31 and in Narayanghat and Pokhara from April 1-3. On-the-spot finance and exchange facilities are available at the carnival, said the company.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5364', 'image' => '20170328114002_renault.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5578', 'article_category_id' => '1', 'title' => 'NLIC to Distribute 26.30% Bonus', 'sub_title' => '', 'summary' => 'March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17th annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.', 'content' => '<p style="text-align: justify;">March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17<sup>th</sup> annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.</p> <p style="text-align: justify;">According to the company, the paid-up capital of the company will reach to Rs 3.09 billion after the distribution of bonus share. The paid-up capital is the highest among the insurance companies, claimed NLIC. In the AGM, Ramesh Gupta, Chairman of the company presented annual report and other financial reports of the company. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5363', 'image' => '20170328111538_nlic.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5577', 'article_category_id' => '1', 'title' => 'ICRA Grade 4+ rating to Prabhu Insurance', 'sub_title' => '', 'summary' => 'March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.', 'content' => '<p>March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.</p> <p>According to ICRA, institutional promoter support of Employees Provident Fund with 15% shareholding and partnership with Prabhu Group is the positive aspects of the company. Moreover, underwriting performance, backed by higher premium retention of 57% in FY2015-16 and decline in commission expense leading to fair profitability indicators are also positive aspects of the company, mentioned ICRA.</p> <p>However, the grading is constrained by the company’s modest business growth and high reliance on institutional clients for premium earnings, as per ICRA. ICRA highlighted that the impact of April/May 2015 earthquake on the company’s claims paying ability, solvency position and profitability was cushioned by adequate catastrophic reinsurance arrangements. However, delayed recovery of claims from reinsurers post-earthquake undermines the level of reinsurance support available with Prabhu Insurance in case of similar catastrophe in future. The grading is also limited by declining yield on investment portfolio which could affect incremental returns and stiff competition from larger players in the Nepalese general insurance industry, said ICRA. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5362', 'image' => '20170328111419_prabhu insurance.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5576', 'article_category_id' => '1', 'title' => 'Int’l Conference on Small Hydropower Projects from March 28', 'sub_title' => '', 'summary' => 'March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.', 'content' => '<p>March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.</p> <p>The conference is going to be jointly organised by the Nepal Academy of Science and Technology (NAST) and Hangzhou Regional Centre for Small Hydropower (HRC).</p> <p>The conference titled 'Small Hydropower Development Planning for South Asian Countries' will observe the participation of all the SAARC countries except the Maldives as well as China, in the conference.</p> <p>According to NAST, there will be 19 representatives from the hydropower sector outside the country and 11 representatives from Nepal. </p> <p>The event is held in a bid to explore the possibility of Chinese financial and technical support in small hydropower projects in South Asian countries.</p> <p>In addition to that, the participants will also share their experiences in the sector during the event with a purpose to learn from each other.</p> <p>"The programme will mainly stress on the issues related to research, technology, technical assistance and investment in the sector," says Suresh Kumar Dhungel, Chief of Technology Department at NAST.</p> <p>Among these, the matters which have potentials will be moved forward for agreement. Also, two working papers will be presented from Nepal which will include the report about the status of hydropower development in Nepal and experiences on resolving the problems faced. Other countries will also present their respective working papers during the programme. </p> <p>China’s interest has been increasing in the South Asian countries in recent years. China has been adopting various approaches to make connectivity with SAARC countries through roads, trade and cooperation in various sectors. The conference is regarded as one such link in a series of programmes.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5361', 'image' => '20170327034111_nast.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5575', 'article_category_id' => '1', 'title' => 'Ncell Slashes Call Charges of 30 Countries', 'sub_title' => '', 'summary' => 'March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.', 'content' => '<p style="text-align: justify;">March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.</p> <p style="text-align: justify;">According to the company, the customers can use the offer while making calls to India, China, USA, England, Canada, Hongkong, Germany, Singapore, Sweden, New Zealand and others. Currently, the company is charging up to Rs 50 per minute to the customers making calls to the aforementioned countries.</p> <p style="text-align: justify;">As per the company, the users can participate in the scheme by dialing in *17107#. Similarly, the subscribers can activate the offer by texting A and send to 17107 or dialing 17107 and following the instructions, reads the statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5360', 'image' => '20170327014454_ncell.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5574', 'article_category_id' => '1', 'title' => 'International Flora Expo to Kick-off', 'sub_title' => '', 'summary' => 'March 27: The 3rd International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.', 'content' => '<p style="text-align: justify;">March 27: The 3<sup>rd</sup> International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.</p> <p style="text-align: justify;">The expo will showcase various seasonal flowers, cut flowers, dry flowers, compost fertilizer and ornamental flowers. Similarly, stalls of green house, planting materials, tools and technologies related to agriculture will be showcased in the expo, informed the organizer.</p> <p style="text-align: justify;">Moreover, the expo will also conduct competition among the flower traders in various categories. The winners of the competition will be provided cash, shield and certificates, as per the organizers. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5359', 'image' => '20170327013239_flora.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5573', 'article_category_id' => '1', 'title' => 'Elephone Smartphones in the Market', 'sub_title' => '', 'summary' => 'March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.', 'content' => '<p style="text-align: justify;">March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.</p> <p style="text-align: justify;">Elephone handsets are packed with 13 MP rear camera, long lasting battery and high quality processor. Similarly, the smartphones are equipped with 4 GB RAM and 16 GB ROM which can be extended upto 64 GB through SD card slot. According to the company, the handsets come with one year warranty and batteries with six months warranty.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5358', 'image' => '20170327010811_elephone.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5572', 'article_category_id' => '1', 'title' => 'Dani Wins Yamaha iPhone 6', 'sub_title' => '', 'summary' => 'March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.', 'content' => '<p style="text-align:justify">March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.</p> <p style="text-align:justify">Meanwhile, the company also announced the winners of ‘Valentine Week Campaign’ which was conducted for a week. Under the scheme, the company handed over hand bags to participants Jiban Kumar Magar and Romanch Dallakoti and perfume to Iswor Ranjan Thapa. Similarly, Sunil Manandhar and Ninu Maya Gurung bagged Boss Orange Sunglass and Gucci Perfume respectively. Likewise, the company provided watch to Laxmi Karki and Nilofar Prabin each, read the press statement issued by the company.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5357', 'image' => '20170327010626_yamaha.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5571', 'article_category_id' => '1', 'title' => 'Reliance Finance Starts New Branch', 'sub_title' => '', 'summary' => 'March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. ', 'content' => '<p style="text-align: justify;">March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5356', 'image' => '20170327110346_reliance.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5570', 'article_category_id' => '1', 'title' => 'Siddhartha Devt Bank’s Branch at Lekhnath', 'sub_title' => '', 'summary' => 'March 27: Siddhartha Development Bank has started its 37th branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. ', 'content' => '<p style="text-align:justify">March 27: Siddhartha Development Bank has started its 37<sup>th</sup> branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5355', 'image' => '20170327105440_siddartha devt.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5569', 'article_category_id' => '1', 'title' => 'BPC Declares Construction of Two New Projects ', 'sub_title' => '50th Anniversary of BPC', 'summary' => 'March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.', 'content' => '<p style="text-align: justify;">March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.</p> <p style="text-align: justify;">He made this remark while addressing the 50<sup>th</sup> anniversary function of the Butwal Power Company (BPC) in the capital on March 25. “Tell us directly about the problems faced while constructing the projects,” he said, adding, “We will solve them as soon as possible.”</p> <p style="text-align: justify;">Similarly, the Minister mentioned that the BPC has made considerable contribution in the development of the country.</p> <p style="text-align: justify;">“The country can develop by creating favorable environment for enabling participation of the private sector,” he emphasized.</p> <p style="text-align: justify;"> The minister said his Ministry is moving ahead by addressing problems in policy level including solving practical problems.</p> <p style="text-align: justify;">“There is a tradition of obstructing works in various excuses,” he further said, adding, “We have been moving ahead by removing those obstacles.”</p> <p style="text-align: justify;">Likewise, Padam Jyoti, Chairman of Board of Directors of the Company declared the launching of two projects on March 23.</p> <p style="text-align: justify;">The company has started 37.6 MW Kabeli 'A' in Taplejung district and 30 MW Nyadi project in Lamjung aiming to complete them by 2020.</p> <p style="text-align: justify;">“Within three years, we will be connecting 67.6 MW in the national grid,” he informed.</p> <p style="text-align: justify;">InfraCo Asia, Singapore is partnered for Kabeli 'A' in Taplejung whereas Lamjung Electricity Development Company is partnered in the Nyadi Hydropower Project.</p> <p style="text-align: justify;">Similarly, the company informed that 100 MW Lower Manang Marsyangdi project is also under consideration.</p> <p style="text-align: justify;">Established as a private limited company in 2022 BS, the company was turned into a public limited company in 2049 BS. Privatized in 2059 BS, the company has subsidiary companies that work for hydropower related construction of projects.</p> <p style="text-align: justify;">Under this, the subsidiary companies work on electricity generation, distribution and engineering counseling services. The companies also study on sediment and hydraulic models of rivers, produces and repairs hydro-electrical and hydro-mechanical equipments, repairs power houses and transmission lines. </p> <p style="text-align: justify;">The subsidiary companies of BPC are also providing services to projects of Nepal Electricity Authority (NEA) and other projects of other companies. Similarly, the subsidiary companies are also providing their services in foreign countries as well.</p> <p style="text-align: justify;">There is investment from private sector, government, employees and general public in BPC projects. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5354', 'image' => '20170326053444_BPC 50TH ANN.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5568', 'article_category_id' => '1', 'title' => 'Large Institutions Avoiding Advertising Tax', 'sub_title' => '', 'summary' => 'March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.', 'content' => '<p style="text-align: justify;">March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.</p> <p style="text-align: justify;">According to Abdul Majeed Khan, Section Officer at the KMC Revenue Department, KMC has been successful in collecting around Rs forty million in advertising revenue until March in the current fiscal year.</p> <p style="text-align: justify;">In the last FY 2015-16, KMC had collected a total revenue of rupees 41.8 million, whereas this year, the revenue collection has reached Rs 40 million till date, which is four months before the end of the Nepali fiscal year. In the previous year, the revenue collected till the month of March was only Rs 900,000.</p> <p style="text-align: justify;">The organisations have to pay the tax to the KMC for any kind of promotional materials including hoarding boards, neon board (electric), digital display advertisements pasted on rickshaws and other means of transportation and online advertisements.</p> <p style="text-align: justify;">Section Officer Khan says that a strict campaign has been launched so that all the institutions will be obliged to pay the revenue. He said that KMC has been strictly running the campaign and also has removed the hoarding boards and has been blacklisting the companies which have not paid their revenue on time for the last few days.</p> <p style="text-align: justify;">"Various small and large financial institutions including banks, remittance companies, cement factories, cinema halls, <br /> mobile phone companies and internet service provider companies have not been submitting their revenue on time," informed Khan. </p> <p style="text-align: justify;">Besides this, many other institutions have also not showed their concern on paying the revenue.</p> <p style="text-align: justify;">According to KMC, there are many companies which have been pasting pamphlets, hoarding boards, posters in a manner that causes pollution, but they are not showing concern to pay the revenue. KMC says that such companies will be taken strict action.</p> <p style="text-align: justify;">According to KMC, the companies which will not pay their revenues till the end of this FY will be blacklisted.</p> <p style="text-align: justify;">Similarly, KMC will be charging a fine of Rs 5,000 to Rs 100,000 from the companies which have placed their hoarding boards and banners illegally without taking the permission from the authorised institutions.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5353', 'image' => '20170326050045_hoarding_boards.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5567', 'article_category_id' => '1', 'title' => 'Butwal Power to float FPO', 'sub_title' => '', 'summary' => 'March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. ', 'content' => '<p style="text-align: justify;">March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5352', 'image' => '20170326045454_bpc.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5566', 'article_category_id' => '1', 'title' => 'Nebico Sugar Free Digestive Biscuit in New Packaging', 'sub_title' => '', 'summary' => 'March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.', 'content' => '<p style="text-align: justify;">March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.</p> <p style="text-align: justify;">“Although Nebico is a Nepali Company, it is providing international standard products to the consumers,” said Keshav Bhattarai, Acting CEO of the company. Similarly, Arun Poudel, Brand Manager of the company claimed that the Nebico Sugar Free Digestive Biscuit is superior compare to foreign brands.</p> <p style="text-align: justify;">Likewise, Prakash Karki, Sales Manager of the company said that the biscuit that is available in the market since the past three years has hit the market with international standard packaging. According to Karki, the biscuit is available in 110grams and 220 grams with a price tag of Rs 50 and Rs 100 respectively.</p> <p style="text-align: justify;">The company that started productions since 1954 has already obtained Nepal Standards (NS) and ISO 9001:2008 certifications,” said Suraj Upadhaya, Gandaki In-charge of the company. The products of the company include Coconut, Glucose, Thin Arrowroot, Khaja, Trekker Choice and Trekker Choice (Aata). </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5351', 'image' => '20170326032057_nebico.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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He claimed that the tyre has been able to win the customers trust.</p> <p style="text-align: justify;">The program that was organized in Hotel Snowland at Lakeside Pokhara was participated by more than 100 transport entrepreneurs and customers. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5365', 'image' => '20170328120736_ceat.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5579', 'article_category_id' => '1', 'title' => 'Renault Wow Exchange Carnival', 'sub_title' => '', 'summary' => 'March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.', 'content' => '<p style="text-align: justify;">March 28: Advanced Automobiles, the authorised distributor of Renault cars for Nepal has launched ‘Renault Wow Exchange Carnival’ in all major cities across the country. As per a press statement issued by the company, the scheme is being launched to accompany the ongoing Nepali New Year scheme titled ‘Renault Wow Offer’ with a slogan ‘Aba New Year Jamcha Kinaki Exchangema Dam Cha’.</p> <p style="text-align: justify;">According to the company, the exchange offer is available on Renault’s Kwid and Duster models. Under the offer, Renault KWID and Duster can be purchase with a minimum monthly installment, informed Advanced Automobiles. The vehicles are available in easy finance and exchange facility with 8.99 percent annual interest rate. “KWID and Duster are now available at EMI of Rs 28,200 and Rs 13,357 respectively,” reads the statement. Apart from it, cash discount, free servicing for two years, free road tax for a year and five years warranty are other attractions of the scheme.</p> <p style="text-align: justify;">Similarly, the exchange carnival is being held in Kathmandu from March 24-29, in Bhairahawa and Birtamode from March 26-28, in Butwal and Biratnagar from March 29-31 and in Narayanghat and Pokhara from April 1-3. On-the-spot finance and exchange facilities are available at the carnival, said the company.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5364', 'image' => '20170328114002_renault.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5578', 'article_category_id' => '1', 'title' => 'NLIC to Distribute 26.30% Bonus', 'sub_title' => '', 'summary' => 'March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17th annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.', 'content' => '<p style="text-align: justify;">March 28: Nepal Life Insurance Company (NLIC) is distributing 26.31 percent bonus shares (with tax) to its shareholders. The 17<sup>th</sup> annual general meeting of the company held on Birgunj on March 27 endorsed a proposal of distributing the bonus share. In the meeting, NLIC said that the shareholders who invested in further public offering are also entitled to the bonus share.</p> <p style="text-align: justify;">According to the company, the paid-up capital of the company will reach to Rs 3.09 billion after the distribution of bonus share. The paid-up capital is the highest among the insurance companies, claimed NLIC. In the AGM, Ramesh Gupta, Chairman of the company presented annual report and other financial reports of the company. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5363', 'image' => '20170328111538_nlic.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5577', 'article_category_id' => '1', 'title' => 'ICRA Grade 4+ rating to Prabhu Insurance', 'sub_title' => '', 'summary' => 'March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.', 'content' => '<p>March 28: The proposed right share issuance of Prabhu Insurance has been granted Grade 4+ rating by ICRA Nepal which indicates below average fundamentals. Prabhu Insurance is issuing 50 percent right shares of 1,925,078.8 units of equity shares worth Rs 192.5 million. The company is issuing the right shares with a face value of Rs 100 to be issued to the existing shareholders at par.</p> <p>According to ICRA, institutional promoter support of Employees Provident Fund with 15% shareholding and partnership with Prabhu Group is the positive aspects of the company. Moreover, underwriting performance, backed by higher premium retention of 57% in FY2015-16 and decline in commission expense leading to fair profitability indicators are also positive aspects of the company, mentioned ICRA.</p> <p>However, the grading is constrained by the company’s modest business growth and high reliance on institutional clients for premium earnings, as per ICRA. ICRA highlighted that the impact of April/May 2015 earthquake on the company’s claims paying ability, solvency position and profitability was cushioned by adequate catastrophic reinsurance arrangements. However, delayed recovery of claims from reinsurers post-earthquake undermines the level of reinsurance support available with Prabhu Insurance in case of similar catastrophe in future. The grading is also limited by declining yield on investment portfolio which could affect incremental returns and stiff competition from larger players in the Nepalese general insurance industry, said ICRA. </p> ', 'published' => true, 'created' => '2017-03-28', 'modified' => '2017-03-28', 'keywords' => '', 'description' => '', 'sortorder' => '5362', 'image' => '20170328111419_prabhu insurance.jpg', 'article_date' => '2017-03-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5576', 'article_category_id' => '1', 'title' => 'Int’l Conference on Small Hydropower Projects from March 28', 'sub_title' => '', 'summary' => 'March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.', 'content' => '<p>March 27: An international conference on small hydropower development is going to be organised in the capital from March 28 to March 30.</p> <p>The conference is going to be jointly organised by the Nepal Academy of Science and Technology (NAST) and Hangzhou Regional Centre for Small Hydropower (HRC).</p> <p>The conference titled 'Small Hydropower Development Planning for South Asian Countries' will observe the participation of all the SAARC countries except the Maldives as well as China, in the conference.</p> <p>According to NAST, there will be 19 representatives from the hydropower sector outside the country and 11 representatives from Nepal. </p> <p>The event is held in a bid to explore the possibility of Chinese financial and technical support in small hydropower projects in South Asian countries.</p> <p>In addition to that, the participants will also share their experiences in the sector during the event with a purpose to learn from each other.</p> <p>"The programme will mainly stress on the issues related to research, technology, technical assistance and investment in the sector," says Suresh Kumar Dhungel, Chief of Technology Department at NAST.</p> <p>Among these, the matters which have potentials will be moved forward for agreement. Also, two working papers will be presented from Nepal which will include the report about the status of hydropower development in Nepal and experiences on resolving the problems faced. Other countries will also present their respective working papers during the programme. </p> <p>China’s interest has been increasing in the South Asian countries in recent years. China has been adopting various approaches to make connectivity with SAARC countries through roads, trade and cooperation in various sectors. The conference is regarded as one such link in a series of programmes.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5361', 'image' => '20170327034111_nast.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5575', 'article_category_id' => '1', 'title' => 'Ncell Slashes Call Charges of 30 Countries', 'sub_title' => '', 'summary' => 'March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.', 'content' => '<p style="text-align: justify;">March 27: Mobile service provider, Ncell has introduced new offer to its customers from March 27. Under the offer, its users can make call to 30 countries at the same local price as low as Rs 1.99 per minute. Both pre-paid and post-paid users can participate in the offer which will be valid for 15 days for now.</p> <p style="text-align: justify;">According to the company, the customers can use the offer while making calls to India, China, USA, England, Canada, Hongkong, Germany, Singapore, Sweden, New Zealand and others. Currently, the company is charging up to Rs 50 per minute to the customers making calls to the aforementioned countries.</p> <p style="text-align: justify;">As per the company, the users can participate in the scheme by dialing in *17107#. Similarly, the subscribers can activate the offer by texting A and send to 17107 or dialing 17107 and following the instructions, reads the statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5360', 'image' => '20170327014454_ncell.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5574', 'article_category_id' => '1', 'title' => 'International Flora Expo to Kick-off', 'sub_title' => '', 'summary' => 'March 27: The 3rd International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.', 'content' => '<p style="text-align: justify;">March 27: The 3<sup>rd</sup> International Flora Expo 2073 is going to be held with a slogan ‘Flower trade for peace, harmony and clean environment’. The expo which is being organized by Floriculture Association Nepal with the support of Agriculture Development Ministry will kick off from March 30 for four days. According to the organizer, there will be 99 stalls including 28 foreign stalls in the expo.</p> <p style="text-align: justify;">The expo will showcase various seasonal flowers, cut flowers, dry flowers, compost fertilizer and ornamental flowers. Similarly, stalls of green house, planting materials, tools and technologies related to agriculture will be showcased in the expo, informed the organizer.</p> <p style="text-align: justify;">Moreover, the expo will also conduct competition among the flower traders in various categories. The winners of the competition will be provided cash, shield and certificates, as per the organizers. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5359', 'image' => '20170327013239_flora.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5573', 'article_category_id' => '1', 'title' => 'Elephone Smartphones in the Market', 'sub_title' => '', 'summary' => 'March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.', 'content' => '<p style="text-align: justify;">March 27: Goenka Infotech has launched Elephone S-7, P-9000 and C-1 smartphones in the Nepali market. “The newly launched smartphones have high technical features,” claims the company.</p> <p style="text-align: justify;">Elephone handsets are packed with 13 MP rear camera, long lasting battery and high quality processor. Similarly, the smartphones are equipped with 4 GB RAM and 16 GB ROM which can be extended upto 64 GB through SD card slot. According to the company, the handsets come with one year warranty and batteries with six months warranty.</p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5358', 'image' => '20170327010811_elephone.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5572', 'article_category_id' => '1', 'title' => 'Dani Wins Yamaha iPhone 6', 'sub_title' => '', 'summary' => 'March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.', 'content' => '<p style="text-align:justify">March 27: MAW Enterprises, the authorized distributor of Yamaha two wheelers for Nepal has announced the winners of Yamaha scooter test ride campaign. According to the company, Laxman Dani bagged Iphone 7 among the participants of the campaign. Dani took test ride at DnD Auto Link. The test ride campaign was organized for one month.</p> <p style="text-align:justify">Meanwhile, the company also announced the winners of ‘Valentine Week Campaign’ which was conducted for a week. Under the scheme, the company handed over hand bags to participants Jiban Kumar Magar and Romanch Dallakoti and perfume to Iswor Ranjan Thapa. Similarly, Sunil Manandhar and Ninu Maya Gurung bagged Boss Orange Sunglass and Gucci Perfume respectively. Likewise, the company provided watch to Laxmi Karki and Nilofar Prabin each, read the press statement issued by the company.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5357', 'image' => '20170327010626_yamaha.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5571', 'article_category_id' => '1', 'title' => 'Reliance Finance Starts New Branch', 'sub_title' => '', 'summary' => 'March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. ', 'content' => '<p style="text-align: justify;">March 27: Reliance Finance has started a branch at Banepa, Kavre. Recently, the company officially inaugurated the branch organizing a program. The new addition is the fifth branch of the company. The branch was inaugurated by Dharmendra Kaji Shrestha, Chairman of the company. In the program, Anil Shrestha, CEO of the company highlighted about the present condition and future plans of the finance company. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5356', 'image' => '20170327110346_reliance.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5570', 'article_category_id' => '1', 'title' => 'Siddhartha Devt Bank’s Branch at Lekhnath', 'sub_title' => '', 'summary' => 'March 27: Siddhartha Development Bank has started its 37th branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. ', 'content' => '<p style="text-align:justify">March 27: Siddhartha Development Bank has started its 37<sup>th</sup> branch at Bhandardhik, Kaski. Laxmi Prasad Tripathi, President of Lekhnath Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. Similarly, the bank also started an ATM outlet from the branch. In the inauguration program, Ajay Kumar Mishra, CEO of the bank highlighted about the current scenario and future strategies of the bank. </p> ', 'published' => true, 'created' => '2017-03-27', 'modified' => '2017-03-27', 'keywords' => '', 'description' => '', 'sortorder' => '5355', 'image' => '20170327105440_siddartha devt.jpg', 'article_date' => '2017-03-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5569', 'article_category_id' => '1', 'title' => 'BPC Declares Construction of Two New Projects ', 'sub_title' => '50th Anniversary of BPC', 'summary' => 'March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.', 'content' => '<p style="text-align: justify;">March 26: Energy Minister Janardan Sharma has called for directly putting forth the problems faced while constructing hydropower projects in the country.</p> <p style="text-align: justify;">He made this remark while addressing the 50<sup>th</sup> anniversary function of the Butwal Power Company (BPC) in the capital on March 25. “Tell us directly about the problems faced while constructing the projects,” he said, adding, “We will solve them as soon as possible.”</p> <p style="text-align: justify;">Similarly, the Minister mentioned that the BPC has made considerable contribution in the development of the country.</p> <p style="text-align: justify;">“The country can develop by creating favorable environment for enabling participation of the private sector,” he emphasized.</p> <p style="text-align: justify;"> The minister said his Ministry is moving ahead by addressing problems in policy level including solving practical problems.</p> <p style="text-align: justify;">“There is a tradition of obstructing works in various excuses,” he further said, adding, “We have been moving ahead by removing those obstacles.”</p> <p style="text-align: justify;">Likewise, Padam Jyoti, Chairman of Board of Directors of the Company declared the launching of two projects on March 23.</p> <p style="text-align: justify;">The company has started 37.6 MW Kabeli 'A' in Taplejung district and 30 MW Nyadi project in Lamjung aiming to complete them by 2020.</p> <p style="text-align: justify;">“Within three years, we will be connecting 67.6 MW in the national grid,” he informed.</p> <p style="text-align: justify;">InfraCo Asia, Singapore is partnered for Kabeli 'A' in Taplejung whereas Lamjung Electricity Development Company is partnered in the Nyadi Hydropower Project.</p> <p style="text-align: justify;">Similarly, the company informed that 100 MW Lower Manang Marsyangdi project is also under consideration.</p> <p style="text-align: justify;">Established as a private limited company in 2022 BS, the company was turned into a public limited company in 2049 BS. Privatized in 2059 BS, the company has subsidiary companies that work for hydropower related construction of projects.</p> <p style="text-align: justify;">Under this, the subsidiary companies work on electricity generation, distribution and engineering counseling services. The companies also study on sediment and hydraulic models of rivers, produces and repairs hydro-electrical and hydro-mechanical equipments, repairs power houses and transmission lines. </p> <p style="text-align: justify;">The subsidiary companies of BPC are also providing services to projects of Nepal Electricity Authority (NEA) and other projects of other companies. Similarly, the subsidiary companies are also providing their services in foreign countries as well.</p> <p style="text-align: justify;">There is investment from private sector, government, employees and general public in BPC projects. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5354', 'image' => '20170326053444_BPC 50TH ANN.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5568', 'article_category_id' => '1', 'title' => 'Large Institutions Avoiding Advertising Tax', 'sub_title' => '', 'summary' => 'March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.', 'content' => '<p style="text-align: justify;">March 26 : The Kathmandu Metropolitan City (KMC) has made a remarkable progress in collecting the advertising tax from different institutions in the current fiscal year.</p> <p style="text-align: justify;">According to Abdul Majeed Khan, Section Officer at the KMC Revenue Department, KMC has been successful in collecting around Rs forty million in advertising revenue until March in the current fiscal year.</p> <p style="text-align: justify;">In the last FY 2015-16, KMC had collected a total revenue of rupees 41.8 million, whereas this year, the revenue collection has reached Rs 40 million till date, which is four months before the end of the Nepali fiscal year. In the previous year, the revenue collected till the month of March was only Rs 900,000.</p> <p style="text-align: justify;">The organisations have to pay the tax to the KMC for any kind of promotional materials including hoarding boards, neon board (electric), digital display advertisements pasted on rickshaws and other means of transportation and online advertisements.</p> <p style="text-align: justify;">Section Officer Khan says that a strict campaign has been launched so that all the institutions will be obliged to pay the revenue. He said that KMC has been strictly running the campaign and also has removed the hoarding boards and has been blacklisting the companies which have not paid their revenue on time for the last few days.</p> <p style="text-align: justify;">"Various small and large financial institutions including banks, remittance companies, cement factories, cinema halls, <br /> mobile phone companies and internet service provider companies have not been submitting their revenue on time," informed Khan. </p> <p style="text-align: justify;">Besides this, many other institutions have also not showed their concern on paying the revenue.</p> <p style="text-align: justify;">According to KMC, there are many companies which have been pasting pamphlets, hoarding boards, posters in a manner that causes pollution, but they are not showing concern to pay the revenue. KMC says that such companies will be taken strict action.</p> <p style="text-align: justify;">According to KMC, the companies which will not pay their revenues till the end of this FY will be blacklisted.</p> <p style="text-align: justify;">Similarly, KMC will be charging a fine of Rs 5,000 to Rs 100,000 from the companies which have placed their hoarding boards and banners illegally without taking the permission from the authorised institutions.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5353', 'image' => '20170326050045_hoarding_boards.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5567', 'article_category_id' => '1', 'title' => 'Butwal Power to float FPO', 'sub_title' => '', 'summary' => 'March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. ', 'content' => '<p style="text-align: justify;">March 26: Butwal Power Company is set to float further public offering (FPO) to general public. The company is issuing 4 million units of FPO at premium rate. It will be issuing the FPO with a price tag of Rs 470 including face value of Rs 100 and premium of Rs 370. According to Nepal Stock Exchange (NEPSE), the company has committed to publish the fact along with reasons in media if more than 20 percent deviation is seen in its predicted and actual report that has been prepared for FPO issuance. </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5352', 'image' => '20170326045454_bpc.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5566', 'article_category_id' => '1', 'title' => 'Nebico Sugar Free Digestive Biscuit in New Packaging', 'sub_title' => '', 'summary' => 'March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.', 'content' => '<p style="text-align: justify;">March 26: Nebico Biscuits has re-launched its Sugar Free Digestive Biscuit in a new packaging. In a re-launching program organized on March 25 in Pokhara, Bishwo Shanker Palikhe, Chairman of Pokhara Chamber of Commerce and Industries and Shiva Shrestha, Actor and Brand Ambassador of Nebico jointly re-launched the biscuit with the new packaging.</p> <p style="text-align: justify;">“Although Nebico is a Nepali Company, it is providing international standard products to the consumers,” said Keshav Bhattarai, Acting CEO of the company. Similarly, Arun Poudel, Brand Manager of the company claimed that the Nebico Sugar Free Digestive Biscuit is superior compare to foreign brands.</p> <p style="text-align: justify;">Likewise, Prakash Karki, Sales Manager of the company said that the biscuit that is available in the market since the past three years has hit the market with international standard packaging. According to Karki, the biscuit is available in 110grams and 220 grams with a price tag of Rs 50 and Rs 100 respectively.</p> <p style="text-align: justify;">The company that started productions since 1954 has already obtained Nepal Standards (NS) and ISO 9001:2008 certifications,” said Suraj Upadhaya, Gandaki In-charge of the company. The products of the company include Coconut, Glucose, Thin Arrowroot, Khaja, Trekker Choice and Trekker Choice (Aata). </p> ', 'published' => true, 'created' => '2017-03-26', 'modified' => '2017-03-26', 'keywords' => '', 'description' => '', 'sortorder' => '5351', 'image' => '20170326032057_nebico.jpg', 'article_date' => '2017-03-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
