March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile…
March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj…
March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the…
March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the…
March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up…
March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country.…
March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional…
March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share…
March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur…
March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9th Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These…
March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107th International Women’s…
March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing…
March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three…
March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony.…
March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New…
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According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri', 'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p> <p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today's stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p> <p style="text-align:justify">Acting Director, Neupane said, "The app is available in Android version for now. The company expects that the app will provide satisfaction of its users."</p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310013344_nepali app.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5499', 'article_category_id' => '1', 'title' => 'Muktinath Bikas Bank Opens 4 New Branches', 'sub_title' => '', 'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.', 'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p> <p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p> <p style="text-align:justify">The bank with the message 'Public should not go to the bank, bank should go to the public' has been providing its services through 55 branches. </p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310014347_muktinath.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5484', 'article_category_id' => '1', 'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf', 'sub_title' => '', 'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.', 'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p> <p style="text-align:justify"><br /> “The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. The board is investigation about the truth behind the mistake,” he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p> <p style="text-align:justify"><br /> “It might be some technical error due to implementation of ASBA system but not a fault of ours,” said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. “The customers and media hypothetically blamed of intentional irregularities,” he objected. “This is not our mistake even though we are ready to answer the regulatory body.”</p> <p style="text-align:justify"><br /> Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems. </p> <p style="text-align:justify"><br /> Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309113615_sebon.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5487', 'article_category_id' => '1', 'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares', 'sub_title' => '', 'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.', 'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p> <p style="text-align:justify">“Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.” said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p> <p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309125106_kamana.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5488', 'article_category_id' => '1', 'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline', 'sub_title' => '', 'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital', 'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p> <p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309033040_gorkhaj.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5486', 'article_category_id' => '1', 'title' => 'Winner of Toyota Dream Car Art Contest Announced', 'sub_title' => '', 'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. ', 'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5279', 'image' => '20170309123909_toyota.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5485', 'article_category_id' => '1', 'title' => 'Samsung's New Service Center in Pokhara', 'sub_title' => '', 'summary' => 'March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.', 'content' => '<p style="text-align: justify;">March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.</p> <p style="text-align: justify;">According to the statement, the service center was jointly inaugurated by Dikesh Malhotra of IMS, the authorised distributor of Samsung for Nepal and Sushil Kumar Gurung, Managing Director of World Wide Connection, authorised dealer for Gandaki and Dhawalagiri region.</p> <p style="text-align: justify;">According to Managing Director Gurung, the service center has been started to provide effective and well-managed after sales services to the customers. He said, "We are managing the after sales service of Samsung mobile with regard the sales and customers' trust on the product."</p> <p style="text-align: justify;">As per him, 28 models of Samsung handsets are being sold in the Nepali market from the price ranging of Rs 2,500 and Rs 100,000. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5278', 'image' => '20170309123016_samsung.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5483', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Appoints Siddhartha Capital as Issue Manager', 'sub_title' => '', 'summary' => 'March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:9pt">March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.</span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5276', 'image' => '20170309102345_jyoti.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5482', 'article_category_id' => '1', 'title' => 'United Finance Joins NCHL-IPS', 'sub_title' => '', 'summary' => 'March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha, CEO of United Finance signed the agreement regarding the matter.</span></p> <p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. </span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5275', 'image' => '20170309101450_united finance.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5481', 'article_category_id' => '1', 'title' => 'Economic sectors waiting for value-based banking support:PM', 'sub_title' => '', 'summary' => 'March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9th Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These fac', 'content' => '<p style="text-align:justify">March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9<sup>th</sup> Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These factors will automatically contribute to the Human development Index (HDI) of Nepal,” he said.</p> <p style="text-align:justify"> Addressing the event, he mentioned, “We need a shift from the remittance-based economy as it is not going to help us in the long term.” Dahal highlighted of the need of international standard mega projects to transform the country. He said that sectors such as agriculture, tourism, small and medium scale enterprise (SMEs), energy, transportation and ICT are waiting for value-based banking support.</p> <p style="text-align:justify">The three-day conference is being attended by top dignitaries in the country including ministers, central bank governor, deputy governors, top level government officials and chairmen of financial institutions. Similarly, CEOs and senior executives from 43 leading sustainable financial institutions operating in 28 countries across Asia, Africa, Australia, Latin America, North America and Europe totaling 120 participants are attending the conference. </p> <p style="text-align:justify">Speaking at the conference, Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) said that the government and the central bank are emphasizing on value-based banking by focusing on micro-finance. He further stressed on the necessity of sustainable banking system with diversity and transparency. “Collaborative approach is needed to promote value based banking,” he said.</p> <p style="text-align:justify">Upendra Poudyal, CEO of NMB Bank highlighted on the importance of value-based banking in Nepal as it focuses more on general people and impact positively on their social lives. The conference which started with the theme ‘Shifting the Financial Paradigm – Courage to Act Together’, invites for action and joint effort in the areas of the value based banking for the advancement of real economy. Pawan Kumar Golyan, Chairman of NMB Bank said that GABV meet aims to advocate changes in the banking sector.</p> <p style="text-align:justify">Stating that the highest peak of the world Mount Everest and deepest values of Gautam Buddha makes connection for banking values, Peter Blom, Chairman of Global Alliance for Banking on Values (GABV) said, “Nepal being a beautiful country with highest peak in the world and deep Buddha value connects to banking values.”</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5274', 'image' => '20170308031159_global.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5480', 'article_category_id' => '1', 'title' => 'Yeti Devt Felicitates Women Achievers', 'sub_title' => '', 'summary' => 'March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107th International Women’s Day.', 'content' => '<p style="text-align: justify;">March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107<sup>th</sup> International Women’s Day.</p> <p style="text-align: justify;">The bank felicitated radio presenter Laxmi Bhusal, media person Krishana Tamrakar and Bronze Medal winner of 8<sup>th</sup> World bodybuilding and Physique Sports Championship Nanita Maharjan with cash prize and appreciation letter. Sagar Sharma, CEO of the bank provides the appreciation letters to the women achievers amid a program on March 7. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5273', 'image' => '20170308124942_yeti.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5479', 'article_category_id' => '1', 'title' => 'Argakhanchi Cement to Increase Production Capacity', 'sub_title' => '', 'summary' => 'March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing ne', 'content' => '<p style="text-align: justify;">March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing new plant that produces 2,200 tons cement annually from upcoming FY. The industry which is producing cement since 2070 BS is producing 1,500 tons cement daily.</p> <p style="text-align: justify;">Issuing a press statement, the company reveals of investing Rs 3.50 billion in the industry till date. Karki added that the investment will increase to Rs 8 billion for additional production. Currently, the company is providing direct employment to 300 individuals.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5272', 'image' => '20170308120626_arghakhanchi cement.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5478', 'article_category_id' => '1', 'title' => 'NT Offers Data Pack on Int'l Women's Day', 'sub_title' => '', 'summary' => 'March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.', 'content' => '<p style="text-align: justify;">March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.</p> <p style="text-align: justify;">According to the statement, it has offered Facebook package, day and night package and night data package under the offer. Under Facebook package, the company provides 100 MB data at just Rs 22.60 which is valid for five days. Similarly, under day and night package, the users can use 500 MB data from 10 pm to 6 am and 100 MB data from 6 am to 6 pm at just Rs 100 for seven days.</p> <p style="text-align: justify;">Similarly, the company has offered 500 MB data at Rs 45 from 10 pm to 6 am for seven days under night data package. Moreover, it also offered 1200 MB data for 15 days at Rs 90 from 10 pm to 6 am, reads the statement. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5271', 'image' => '20170308115033_nt.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5477', 'article_category_id' => '1', 'title' => 'Sanima Bank in Timure', 'sub_title' => '', 'summary' => 'March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. ', 'content' => '<p style="text-align: justify;">March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. </p> <p style="text-align: justify;">In the opening ceremony, Chairman Shrestha and DCEO Tej Bahadur Chand expressed their gratitude to customers and stakeholders for continuous support & patronage. “The new branch is expected to further support Nepal-China Export-Import business and provide continue quality service. In the future also, the bank will expand its business from Mechi to Mahakali being strong and reliable bank,” reads the statement. </p> <p style="text-align: justify;">The bank is providing its services through 45 branches and 50 ATM networks. </p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5270', 'image' => '20170307033858_sanima.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5476', 'article_category_id' => '1', 'title' => 'Uniglobe Int'l Management Conference Starts', 'sub_title' => '', 'summary' => 'March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.', 'content' => '<p>March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.</p> <p>Issuing a press statement, the college informed of being committed to create platform for discussion on management, finance in the challenging business and economic environment. The conference was aimed in developing talent, building organization and creating a future.</p> <p>According to the college, this year's conference addressed four themes such as human resource management, corporate government issues and challenges, finance and marketing management issues and challenges and financial services management issues and challenges.</p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5269', 'image' => '20170307025514_uniglobe.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5498', 'article_category_id' => '1', 'title' => 'Nepali App to Detect Calls from Unknown Number', 'sub_title' => '', 'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri', 'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p> <p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today's stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p> <p style="text-align:justify">Acting Director, Neupane said, "The app is available in Android version for now. The company expects that the app will provide satisfaction of its users."</p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310013344_nepali app.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5499', 'article_category_id' => '1', 'title' => 'Muktinath Bikas Bank Opens 4 New Branches', 'sub_title' => '', 'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.', 'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p> <p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p> <p style="text-align:justify">The bank with the message 'Public should not go to the bank, bank should go to the public' has been providing its services through 55 branches. </p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310014347_muktinath.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5484', 'article_category_id' => '1', 'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf', 'sub_title' => '', 'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.', 'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p> <p style="text-align:justify"><br /> “The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. The board is investigation about the truth behind the mistake,” he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p> <p style="text-align:justify"><br /> “It might be some technical error due to implementation of ASBA system but not a fault of ours,” said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. “The customers and media hypothetically blamed of intentional irregularities,” he objected. “This is not our mistake even though we are ready to answer the regulatory body.”</p> <p style="text-align:justify"><br /> Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems. </p> <p style="text-align:justify"><br /> Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309113615_sebon.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5487', 'article_category_id' => '1', 'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares', 'sub_title' => '', 'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.', 'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p> <p style="text-align:justify">“Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.” said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p> <p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309125106_kamana.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5488', 'article_category_id' => '1', 'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline', 'sub_title' => '', 'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital', 'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p> <p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309033040_gorkhaj.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5486', 'article_category_id' => '1', 'title' => 'Winner of Toyota Dream Car Art Contest Announced', 'sub_title' => '', 'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. ', 'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5279', 'image' => '20170309123909_toyota.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5485', 'article_category_id' => '1', 'title' => 'Samsung's New Service Center in Pokhara', 'sub_title' => '', 'summary' => 'March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.', 'content' => '<p style="text-align: justify;">March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.</p> <p style="text-align: justify;">According to the statement, the service center was jointly inaugurated by Dikesh Malhotra of IMS, the authorised distributor of Samsung for Nepal and Sushil Kumar Gurung, Managing Director of World Wide Connection, authorised dealer for Gandaki and Dhawalagiri region.</p> <p style="text-align: justify;">According to Managing Director Gurung, the service center has been started to provide effective and well-managed after sales services to the customers. He said, "We are managing the after sales service of Samsung mobile with regard the sales and customers' trust on the product."</p> <p style="text-align: justify;">As per him, 28 models of Samsung handsets are being sold in the Nepali market from the price ranging of Rs 2,500 and Rs 100,000. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5278', 'image' => '20170309123016_samsung.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5483', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Appoints Siddhartha Capital as Issue Manager', 'sub_title' => '', 'summary' => 'March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:9pt">March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.</span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5276', 'image' => '20170309102345_jyoti.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5482', 'article_category_id' => '1', 'title' => 'United Finance Joins NCHL-IPS', 'sub_title' => '', 'summary' => 'March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha, CEO of United Finance signed the agreement regarding the matter.</span></p> <p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. </span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5275', 'image' => '20170309101450_united finance.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5481', 'article_category_id' => '1', 'title' => 'Economic sectors waiting for value-based banking support:PM', 'sub_title' => '', 'summary' => 'March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9th Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These fac', 'content' => '<p style="text-align:justify">March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9<sup>th</sup> Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These factors will automatically contribute to the Human development Index (HDI) of Nepal,” he said.</p> <p style="text-align:justify"> Addressing the event, he mentioned, “We need a shift from the remittance-based economy as it is not going to help us in the long term.” Dahal highlighted of the need of international standard mega projects to transform the country. He said that sectors such as agriculture, tourism, small and medium scale enterprise (SMEs), energy, transportation and ICT are waiting for value-based banking support.</p> <p style="text-align:justify">The three-day conference is being attended by top dignitaries in the country including ministers, central bank governor, deputy governors, top level government officials and chairmen of financial institutions. Similarly, CEOs and senior executives from 43 leading sustainable financial institutions operating in 28 countries across Asia, Africa, Australia, Latin America, North America and Europe totaling 120 participants are attending the conference. </p> <p style="text-align:justify">Speaking at the conference, Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) said that the government and the central bank are emphasizing on value-based banking by focusing on micro-finance. He further stressed on the necessity of sustainable banking system with diversity and transparency. “Collaborative approach is needed to promote value based banking,” he said.</p> <p style="text-align:justify">Upendra Poudyal, CEO of NMB Bank highlighted on the importance of value-based banking in Nepal as it focuses more on general people and impact positively on their social lives. The conference which started with the theme ‘Shifting the Financial Paradigm – Courage to Act Together’, invites for action and joint effort in the areas of the value based banking for the advancement of real economy. Pawan Kumar Golyan, Chairman of NMB Bank said that GABV meet aims to advocate changes in the banking sector.</p> <p style="text-align:justify">Stating that the highest peak of the world Mount Everest and deepest values of Gautam Buddha makes connection for banking values, Peter Blom, Chairman of Global Alliance for Banking on Values (GABV) said, “Nepal being a beautiful country with highest peak in the world and deep Buddha value connects to banking values.”</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5274', 'image' => '20170308031159_global.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5480', 'article_category_id' => '1', 'title' => 'Yeti Devt Felicitates Women Achievers', 'sub_title' => '', 'summary' => 'March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107th International Women’s Day.', 'content' => '<p style="text-align: justify;">March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107<sup>th</sup> International Women’s Day.</p> <p style="text-align: justify;">The bank felicitated radio presenter Laxmi Bhusal, media person Krishana Tamrakar and Bronze Medal winner of 8<sup>th</sup> World bodybuilding and Physique Sports Championship Nanita Maharjan with cash prize and appreciation letter. Sagar Sharma, CEO of the bank provides the appreciation letters to the women achievers amid a program on March 7. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5273', 'image' => '20170308124942_yeti.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5479', 'article_category_id' => '1', 'title' => 'Argakhanchi Cement to Increase Production Capacity', 'sub_title' => '', 'summary' => 'March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing ne', 'content' => '<p style="text-align: justify;">March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing new plant that produces 2,200 tons cement annually from upcoming FY. The industry which is producing cement since 2070 BS is producing 1,500 tons cement daily.</p> <p style="text-align: justify;">Issuing a press statement, the company reveals of investing Rs 3.50 billion in the industry till date. Karki added that the investment will increase to Rs 8 billion for additional production. Currently, the company is providing direct employment to 300 individuals.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5272', 'image' => '20170308120626_arghakhanchi cement.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5478', 'article_category_id' => '1', 'title' => 'NT Offers Data Pack on Int'l Women's Day', 'sub_title' => '', 'summary' => 'March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.', 'content' => '<p style="text-align: justify;">March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.</p> <p style="text-align: justify;">According to the statement, it has offered Facebook package, day and night package and night data package under the offer. Under Facebook package, the company provides 100 MB data at just Rs 22.60 which is valid for five days. Similarly, under day and night package, the users can use 500 MB data from 10 pm to 6 am and 100 MB data from 6 am to 6 pm at just Rs 100 for seven days.</p> <p style="text-align: justify;">Similarly, the company has offered 500 MB data at Rs 45 from 10 pm to 6 am for seven days under night data package. Moreover, it also offered 1200 MB data for 15 days at Rs 90 from 10 pm to 6 am, reads the statement. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5271', 'image' => '20170308115033_nt.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5477', 'article_category_id' => '1', 'title' => 'Sanima Bank in Timure', 'sub_title' => '', 'summary' => 'March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. ', 'content' => '<p style="text-align: justify;">March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. </p> <p style="text-align: justify;">In the opening ceremony, Chairman Shrestha and DCEO Tej Bahadur Chand expressed their gratitude to customers and stakeholders for continuous support & patronage. “The new branch is expected to further support Nepal-China Export-Import business and provide continue quality service. In the future also, the bank will expand its business from Mechi to Mahakali being strong and reliable bank,” reads the statement. </p> <p style="text-align: justify;">The bank is providing its services through 45 branches and 50 ATM networks. </p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5270', 'image' => '20170307033858_sanima.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5476', 'article_category_id' => '1', 'title' => 'Uniglobe Int'l Management Conference Starts', 'sub_title' => '', 'summary' => 'March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.', 'content' => '<p>March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.</p> <p>Issuing a press statement, the college informed of being committed to create platform for discussion on management, finance in the challenging business and economic environment. The conference was aimed in developing talent, building organization and creating a future.</p> <p>According to the college, this year's conference addressed four themes such as human resource management, corporate government issues and challenges, finance and marketing management issues and challenges and financial services management issues and challenges.</p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5269', 'image' => '20170307025514_uniglobe.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5498', 'article_category_id' => '1', 'title' => 'Nepali App to Detect Calls from Unknown Number', 'sub_title' => '', 'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri', 'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p> <p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today's stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p> <p style="text-align:justify">Acting Director, Neupane said, "The app is available in Android version for now. The company expects that the app will provide satisfaction of its users."</p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310013344_nepali app.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5499', 'article_category_id' => '1', 'title' => 'Muktinath Bikas Bank Opens 4 New Branches', 'sub_title' => '', 'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.', 'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p> <p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p> <p style="text-align:justify">The bank with the message 'Public should not go to the bank, bank should go to the public' has been providing its services through 55 branches. </p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310014347_muktinath.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5484', 'article_category_id' => '1', 'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf', 'sub_title' => '', 'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.', 'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p> <p style="text-align:justify"><br /> “The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. The board is investigation about the truth behind the mistake,” he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p> <p style="text-align:justify"><br /> “It might be some technical error due to implementation of ASBA system but not a fault of ours,” said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. “The customers and media hypothetically blamed of intentional irregularities,” he objected. “This is not our mistake even though we are ready to answer the regulatory body.”</p> <p style="text-align:justify"><br /> Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems. </p> <p style="text-align:justify"><br /> Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309113615_sebon.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5487', 'article_category_id' => '1', 'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares', 'sub_title' => '', 'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.', 'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p> <p style="text-align:justify">“Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.” said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p> <p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309125106_kamana.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5488', 'article_category_id' => '1', 'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline', 'sub_title' => '', 'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital', 'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p> <p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309033040_gorkhaj.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5486', 'article_category_id' => '1', 'title' => 'Winner of Toyota Dream Car Art Contest Announced', 'sub_title' => '', 'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. ', 'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5279', 'image' => '20170309123909_toyota.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5485', 'article_category_id' => '1', 'title' => 'Samsung's New Service Center in Pokhara', 'sub_title' => '', 'summary' => 'March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.', 'content' => '<p style="text-align: justify;">March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.</p> <p style="text-align: justify;">According to the statement, the service center was jointly inaugurated by Dikesh Malhotra of IMS, the authorised distributor of Samsung for Nepal and Sushil Kumar Gurung, Managing Director of World Wide Connection, authorised dealer for Gandaki and Dhawalagiri region.</p> <p style="text-align: justify;">According to Managing Director Gurung, the service center has been started to provide effective and well-managed after sales services to the customers. He said, "We are managing the after sales service of Samsung mobile with regard the sales and customers' trust on the product."</p> <p style="text-align: justify;">As per him, 28 models of Samsung handsets are being sold in the Nepali market from the price ranging of Rs 2,500 and Rs 100,000. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5278', 'image' => '20170309123016_samsung.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5483', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Appoints Siddhartha Capital as Issue Manager', 'sub_title' => '', 'summary' => 'March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:9pt">March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.</span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5276', 'image' => '20170309102345_jyoti.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5482', 'article_category_id' => '1', 'title' => 'United Finance Joins NCHL-IPS', 'sub_title' => '', 'summary' => 'March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha, CEO of United Finance signed the agreement regarding the matter.</span></p> <p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. </span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5275', 'image' => '20170309101450_united finance.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5481', 'article_category_id' => '1', 'title' => 'Economic sectors waiting for value-based banking support:PM', 'sub_title' => '', 'summary' => 'March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9th Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These fac', 'content' => '<p style="text-align:justify">March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9<sup>th</sup> Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These factors will automatically contribute to the Human development Index (HDI) of Nepal,” he said.</p> <p style="text-align:justify"> Addressing the event, he mentioned, “We need a shift from the remittance-based economy as it is not going to help us in the long term.” Dahal highlighted of the need of international standard mega projects to transform the country. He said that sectors such as agriculture, tourism, small and medium scale enterprise (SMEs), energy, transportation and ICT are waiting for value-based banking support.</p> <p style="text-align:justify">The three-day conference is being attended by top dignitaries in the country including ministers, central bank governor, deputy governors, top level government officials and chairmen of financial institutions. Similarly, CEOs and senior executives from 43 leading sustainable financial institutions operating in 28 countries across Asia, Africa, Australia, Latin America, North America and Europe totaling 120 participants are attending the conference. </p> <p style="text-align:justify">Speaking at the conference, Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) said that the government and the central bank are emphasizing on value-based banking by focusing on micro-finance. He further stressed on the necessity of sustainable banking system with diversity and transparency. “Collaborative approach is needed to promote value based banking,” he said.</p> <p style="text-align:justify">Upendra Poudyal, CEO of NMB Bank highlighted on the importance of value-based banking in Nepal as it focuses more on general people and impact positively on their social lives. The conference which started with the theme ‘Shifting the Financial Paradigm – Courage to Act Together’, invites for action and joint effort in the areas of the value based banking for the advancement of real economy. Pawan Kumar Golyan, Chairman of NMB Bank said that GABV meet aims to advocate changes in the banking sector.</p> <p style="text-align:justify">Stating that the highest peak of the world Mount Everest and deepest values of Gautam Buddha makes connection for banking values, Peter Blom, Chairman of Global Alliance for Banking on Values (GABV) said, “Nepal being a beautiful country with highest peak in the world and deep Buddha value connects to banking values.”</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5274', 'image' => '20170308031159_global.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5480', 'article_category_id' => '1', 'title' => 'Yeti Devt Felicitates Women Achievers', 'sub_title' => '', 'summary' => 'March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107th International Women’s Day.', 'content' => '<p style="text-align: justify;">March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107<sup>th</sup> International Women’s Day.</p> <p style="text-align: justify;">The bank felicitated radio presenter Laxmi Bhusal, media person Krishana Tamrakar and Bronze Medal winner of 8<sup>th</sup> World bodybuilding and Physique Sports Championship Nanita Maharjan with cash prize and appreciation letter. Sagar Sharma, CEO of the bank provides the appreciation letters to the women achievers amid a program on March 7. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5273', 'image' => '20170308124942_yeti.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5479', 'article_category_id' => '1', 'title' => 'Argakhanchi Cement to Increase Production Capacity', 'sub_title' => '', 'summary' => 'March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing ne', 'content' => '<p style="text-align: justify;">March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing new plant that produces 2,200 tons cement annually from upcoming FY. The industry which is producing cement since 2070 BS is producing 1,500 tons cement daily.</p> <p style="text-align: justify;">Issuing a press statement, the company reveals of investing Rs 3.50 billion in the industry till date. Karki added that the investment will increase to Rs 8 billion for additional production. Currently, the company is providing direct employment to 300 individuals.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5272', 'image' => '20170308120626_arghakhanchi cement.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5478', 'article_category_id' => '1', 'title' => 'NT Offers Data Pack on Int'l Women's Day', 'sub_title' => '', 'summary' => 'March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.', 'content' => '<p style="text-align: justify;">March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.</p> <p style="text-align: justify;">According to the statement, it has offered Facebook package, day and night package and night data package under the offer. Under Facebook package, the company provides 100 MB data at just Rs 22.60 which is valid for five days. Similarly, under day and night package, the users can use 500 MB data from 10 pm to 6 am and 100 MB data from 6 am to 6 pm at just Rs 100 for seven days.</p> <p style="text-align: justify;">Similarly, the company has offered 500 MB data at Rs 45 from 10 pm to 6 am for seven days under night data package. Moreover, it also offered 1200 MB data for 15 days at Rs 90 from 10 pm to 6 am, reads the statement. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5271', 'image' => '20170308115033_nt.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5477', 'article_category_id' => '1', 'title' => 'Sanima Bank in Timure', 'sub_title' => '', 'summary' => 'March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. ', 'content' => '<p style="text-align: justify;">March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. </p> <p style="text-align: justify;">In the opening ceremony, Chairman Shrestha and DCEO Tej Bahadur Chand expressed their gratitude to customers and stakeholders for continuous support & patronage. “The new branch is expected to further support Nepal-China Export-Import business and provide continue quality service. In the future also, the bank will expand its business from Mechi to Mahakali being strong and reliable bank,” reads the statement. </p> <p style="text-align: justify;">The bank is providing its services through 45 branches and 50 ATM networks. </p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5270', 'image' => '20170307033858_sanima.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5476', 'article_category_id' => '1', 'title' => 'Uniglobe Int'l Management Conference Starts', 'sub_title' => '', 'summary' => 'March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.', 'content' => '<p>March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.</p> <p>Issuing a press statement, the college informed of being committed to create platform for discussion on management, finance in the challenging business and economic environment. The conference was aimed in developing talent, building organization and creating a future.</p> <p>According to the college, this year's conference addressed four themes such as human resource management, corporate government issues and challenges, finance and marketing management issues and challenges and financial services management issues and challenges.</p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5269', 'image' => '20170307025514_uniglobe.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri', 'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p> <p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today's stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p> <p style="text-align:justify">Acting Director, Neupane said, "The app is available in Android version for now. The company expects that the app will provide satisfaction of its users."</p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310013344_nepali app.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5499', 'article_category_id' => '1', 'title' => 'Muktinath Bikas Bank Opens 4 New Branches', 'sub_title' => '', 'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.', 'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p> <p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p> <p style="text-align:justify">The bank with the message 'Public should not go to the bank, bank should go to the public' has been providing its services through 55 branches. </p> ', 'published' => true, 'created' => '2017-03-10', 'modified' => '2017-03-10', 'keywords' => '', 'description' => '', 'sortorder' => '5281', 'image' => '20170310014347_muktinath.jpg', 'article_date' => '2017-03-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5484', 'article_category_id' => '1', 'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf', 'sub_title' => '', 'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.', 'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p> <p style="text-align:justify"><br /> “The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. The board is investigation about the truth behind the mistake,” he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p> <p style="text-align:justify"><br /> “It might be some technical error due to implementation of ASBA system but not a fault of ours,” said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. “The customers and media hypothetically blamed of intentional irregularities,” he objected. “This is not our mistake even though we are ready to answer the regulatory body.”</p> <p style="text-align:justify"><br /> Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems. </p> <p style="text-align:justify"><br /> Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309113615_sebon.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5487', 'article_category_id' => '1', 'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares', 'sub_title' => '', 'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.', 'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p> <p style="text-align:justify">“Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.” said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p> <p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309125106_kamana.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5488', 'article_category_id' => '1', 'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline', 'sub_title' => '', 'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital', 'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p> <p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5280', 'image' => '20170309033040_gorkhaj.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5486', 'article_category_id' => '1', 'title' => 'Winner of Toyota Dream Car Art Contest Announced', 'sub_title' => '', 'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. ', 'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months had more than 600,000 contestants throughout the country. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5279', 'image' => '20170309123909_toyota.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5485', 'article_category_id' => '1', 'title' => 'Samsung's New Service Center in Pokhara', 'sub_title' => '', 'summary' => 'March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.', 'content' => '<p style="text-align: justify;">March 9: Samsung has opened its official service center for Gandaki and Dhawalagiri region. Issuing a press statement, the company informed that the service center that was opened in Mahendrapul previously has been opened at Chipledhunga Openhouse Complex with additional facilities.</p> <p style="text-align: justify;">According to the statement, the service center was jointly inaugurated by Dikesh Malhotra of IMS, the authorised distributor of Samsung for Nepal and Sushil Kumar Gurung, Managing Director of World Wide Connection, authorised dealer for Gandaki and Dhawalagiri region.</p> <p style="text-align: justify;">According to Managing Director Gurung, the service center has been started to provide effective and well-managed after sales services to the customers. He said, "We are managing the after sales service of Samsung mobile with regard the sales and customers' trust on the product."</p> <p style="text-align: justify;">As per him, 28 models of Samsung handsets are being sold in the Nepali market from the price ranging of Rs 2,500 and Rs 100,000. </p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5278', 'image' => '20170309123016_samsung.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5483', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Appoints Siddhartha Capital as Issue Manager', 'sub_title' => '', 'summary' => 'March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:9pt">March 9: Jyoti Bikash Bank has Siddhartha Capital as its Issue Manager. According to the bank, it appointed Siddhartha Capital as Issue Manager for the issuance of 1:1 right shares to be issued soon. Krishna Bahadur Kunwar, CEO of Jyoti and Dhurba Timalsina, CEO of Siddhartha signed an memorandum of understanding (MoU) on behalf of their respective organisation regarding the right share issuance.</span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5276', 'image' => '20170309102345_jyoti.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5482', 'article_category_id' => '1', 'title' => 'United Finance Joins NCHL-IPS', 'sub_title' => '', 'summary' => 'March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha', 'content' => '<p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">March 9: United Finance has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance Company. Neelesh Man Singh Pradhan, CEO of NCHL and Sunanda Bahadur Shrestha, CEO of United Finance signed the agreement regarding the matter.</span></p> <p style="text-align: justify;"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. </span></p> ', 'published' => true, 'created' => '2017-03-09', 'modified' => '2017-03-09', 'keywords' => '', 'description' => '', 'sortorder' => '5275', 'image' => '20170309101450_united finance.jpg', 'article_date' => '2017-03-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5481', 'article_category_id' => '1', 'title' => 'Economic sectors waiting for value-based banking support:PM', 'sub_title' => '', 'summary' => 'March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9th Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These fac', 'content' => '<p style="text-align:justify">March 8: Prime Miniser Pushpa Kamal Dahal has stressed on the need of investment in the productive sectors of the country for poverty reduction and employment generation. He made such remarks at the inaugural session of the 9<sup>th</sup> Annual GABV (Global Alliance for Banking on Values) Conference organized by NMB Bank in the capital on March 7.“These factors will automatically contribute to the Human development Index (HDI) of Nepal,” he said.</p> <p style="text-align:justify"> Addressing the event, he mentioned, “We need a shift from the remittance-based economy as it is not going to help us in the long term.” Dahal highlighted of the need of international standard mega projects to transform the country. He said that sectors such as agriculture, tourism, small and medium scale enterprise (SMEs), energy, transportation and ICT are waiting for value-based banking support.</p> <p style="text-align:justify">The three-day conference is being attended by top dignitaries in the country including ministers, central bank governor, deputy governors, top level government officials and chairmen of financial institutions. Similarly, CEOs and senior executives from 43 leading sustainable financial institutions operating in 28 countries across Asia, Africa, Australia, Latin America, North America and Europe totaling 120 participants are attending the conference. </p> <p style="text-align:justify">Speaking at the conference, Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) said that the government and the central bank are emphasizing on value-based banking by focusing on micro-finance. He further stressed on the necessity of sustainable banking system with diversity and transparency. “Collaborative approach is needed to promote value based banking,” he said.</p> <p style="text-align:justify">Upendra Poudyal, CEO of NMB Bank highlighted on the importance of value-based banking in Nepal as it focuses more on general people and impact positively on their social lives. The conference which started with the theme ‘Shifting the Financial Paradigm – Courage to Act Together’, invites for action and joint effort in the areas of the value based banking for the advancement of real economy. Pawan Kumar Golyan, Chairman of NMB Bank said that GABV meet aims to advocate changes in the banking sector.</p> <p style="text-align:justify">Stating that the highest peak of the world Mount Everest and deepest values of Gautam Buddha makes connection for banking values, Peter Blom, Chairman of Global Alliance for Banking on Values (GABV) said, “Nepal being a beautiful country with highest peak in the world and deep Buddha value connects to banking values.”</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5274', 'image' => '20170308031159_global.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5480', 'article_category_id' => '1', 'title' => 'Yeti Devt Felicitates Women Achievers', 'sub_title' => '', 'summary' => 'March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107th International Women’s Day.', 'content' => '<p style="text-align: justify;">March 8: Yeti Development Bank has felicitated women active in various sectors on the occasion of 107<sup>th</sup> International Women’s Day.</p> <p style="text-align: justify;">The bank felicitated radio presenter Laxmi Bhusal, media person Krishana Tamrakar and Bronze Medal winner of 8<sup>th</sup> World bodybuilding and Physique Sports Championship Nanita Maharjan with cash prize and appreciation letter. Sagar Sharma, CEO of the bank provides the appreciation letters to the women achievers amid a program on March 7. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5273', 'image' => '20170308124942_yeti.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5479', 'article_category_id' => '1', 'title' => 'Argakhanchi Cement to Increase Production Capacity', 'sub_title' => '', 'summary' => 'March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing ne', 'content' => '<p style="text-align: justify;">March 8: Argakhanchi Cement will be producing 3,700 tons (75,000 sacks) of cement daily from upcoming FY. Uddhav Bahadur Karki, General Manager of the company informed about the fact amid a technical and contractor entrepreneurs meeting organised at Nepalgunj. According to Karki, the company is planning to increase the production by installing new plant that produces 2,200 tons cement annually from upcoming FY. The industry which is producing cement since 2070 BS is producing 1,500 tons cement daily.</p> <p style="text-align: justify;">Issuing a press statement, the company reveals of investing Rs 3.50 billion in the industry till date. Karki added that the investment will increase to Rs 8 billion for additional production. Currently, the company is providing direct employment to 300 individuals.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5272', 'image' => '20170308120626_arghakhanchi cement.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5478', 'article_category_id' => '1', 'title' => 'NT Offers Data Pack on Int'l Women's Day', 'sub_title' => '', 'summary' => 'March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.', 'content' => '<p style="text-align: justify;">March 8: Nepal Telecom (NT) has offered its various services in discounted rate to its users on the occasion of International Women's Day. Issuing a press statement, NT informed that the discount offers under its promotional offer are valid from March 8 to three months.</p> <p style="text-align: justify;">According to the statement, it has offered Facebook package, day and night package and night data package under the offer. Under Facebook package, the company provides 100 MB data at just Rs 22.60 which is valid for five days. Similarly, under day and night package, the users can use 500 MB data from 10 pm to 6 am and 100 MB data from 6 am to 6 pm at just Rs 100 for seven days.</p> <p style="text-align: justify;">Similarly, the company has offered 500 MB data at Rs 45 from 10 pm to 6 am for seven days under night data package. Moreover, it also offered 1200 MB data for 15 days at Rs 90 from 10 pm to 6 am, reads the statement. </p> ', 'published' => true, 'created' => '2017-03-08', 'modified' => '2017-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '5271', 'image' => '20170308115033_nt.jpg', 'article_date' => '2017-03-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5477', 'article_category_id' => '1', 'title' => 'Sanima Bank in Timure', 'sub_title' => '', 'summary' => 'March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. ', 'content' => '<p style="text-align: justify;">March 7: Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam - Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. </p> <p style="text-align: justify;">In the opening ceremony, Chairman Shrestha and DCEO Tej Bahadur Chand expressed their gratitude to customers and stakeholders for continuous support & patronage. “The new branch is expected to further support Nepal-China Export-Import business and provide continue quality service. In the future also, the bank will expand its business from Mechi to Mahakali being strong and reliable bank,” reads the statement. </p> <p style="text-align: justify;">The bank is providing its services through 45 branches and 50 ATM networks. </p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5270', 'image' => '20170307033858_sanima.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5476', 'article_category_id' => '1', 'title' => 'Uniglobe Int'l Management Conference Starts', 'sub_title' => '', 'summary' => 'March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.', 'content' => '<p>March 7: Uniglobe College has started its fourth Uniglobe International Management Conference from March 6. The conference was focused on emerging issues and their challenges in management sector. According to the college, the academic partner of the conference was Fortune Institute of International Business, New Delhi.</p> <p>Issuing a press statement, the college informed of being committed to create platform for discussion on management, finance in the challenging business and economic environment. The conference was aimed in developing talent, building organization and creating a future.</p> <p>According to the college, this year's conference addressed four themes such as human resource management, corporate government issues and challenges, finance and marketing management issues and challenges and financial services management issues and challenges.</p> <p> </p> ', 'published' => true, 'created' => '2017-03-07', 'modified' => '2017-03-07', 'keywords' => '', 'description' => '', 'sortorder' => '5269', 'image' => '20170307025514_uniglobe.jpg', 'article_date' => '2017-03-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
