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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5228',
			'article_category_id' => '1',
			'title' => 'NMB Bank Relocates 3 Branches',
			'sub_title' => '',
			'summary' => 'January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor. ',
			'content' => '<p style="text-align:justify">January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor.&nbsp;</p>

<p style="text-align:justify">&quot;The relocation of the branches shall provide a balance in the distribution of the bank&#39;s network within the valley and enables easy access to the bank&#39;s services. The bank will give continuity to its network expansion across the country to reach a wider segment of customers,&quot; reads the statement.</p>

<p style="text-align:justify">Currently, NMB Bank is providing its services through 72 branches, 57 ATMs and 7 extension counters across the country</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5029',
			'image' => '20170126125158_nmb.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 7 => array(
		'Article' => array(
			'id' => '5227',
			'article_category_id' => '1',
			'title' => 'Fiat 'Get More with Punto Pure' Scheme',
			'sub_title' => '',
			'summary' => 'January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching ‘Get More with Punto Pure’ scheme.',
			'content' => '<p style="text-align: justify;">January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching &lsquo;Get More with Punto Pure&rsquo; scheme.</p>

<p style="text-align: justify;">According to the statement, customers will be provided attractive discounts and sure shot gifts on every purchase of Fiat Punto Pure under the scheme. Similarly, the customers can get special cash discount and free insurance for one year.</p>

<p style="text-align: justify;">Likewise, the customers are also entitled to get free road tax for one year, free accessories, free reserve camera and eight servicing free of cost. Furthermore, the customers will be provided exchange bonus and loyalty bonus, said Life Automobiles. Fiat Punto Pure was launched in Nepal during NADA Auto Show 2016 on last September. The car is available at Rs 2.28 million in the domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5028',
			'image' => '20170126120731_fiat.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5226',
			'article_category_id' => '1',
			'title' => 'Nepal SBI and Parbhu to finance Upper Naugadh Gadh',
			'sub_title' => '',
			'summary' => 'January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The ex',
			'content' => '<p style="text-align: justify;">January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The expected cost of Upper Naugadh Gadh project is Rs 1.44 billion. &quot;The project aims to connect the electricity produced to the central transmission line by concluding the construction by mid-April 2018,&quot; said Sanjeev Neupane, Executive Director of Api Power.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5027',
			'image' => '20170126114548_upper naugadh.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5225',
			'article_category_id' => '1',
			'title' => 'e-Sewa in 8th Year',
			'sub_title' => '',
			'summary' => 'January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured. ',
			'content' => '<p>January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => 'e-Sewa ',
			'description' => '',
			'sortorder' => '5026',
			'image' => '20170126111527_e-sewa.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5224',
			'article_category_id' => '1',
			'title' => 'NEPSE  Forwards Process of RWS',
			'sub_title' => '',
			'summary' => 'January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors' meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.',
			'content' => '<p style="text-align: justify;">January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors&#39; meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.</p>

<p style="text-align: justify;">NEPSE mentioned of allowing brokers company having net worth of Rs 10 million and raise the paid-up capital to Rs 20 million by the end of current FY to expand remote work station (RWS). The companies with the infrastructure including accessibility of trading details conducted through RWS and risk management from central office along with log-in monitoring mechanism on Broker Company and remote trading terminal can expand their branches.</p>

<p style="text-align: justify;">Furthermore, the head of RSW should be management graduate, economics graduate or CA passed out, as per the NEPSE.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5025',
			'image' => '20170126104224_nepse.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5223',
			'article_category_id' => '1',
			'title' => '4G License to Ncell Only After Payment of Capital Gain Tax',
			'sub_title' => '',
			'summary' => 'January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC's meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax',
			'content' => '<p style="text-align: justify;">January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC&#39;s meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax under share ownership transfer. Earlier in December 2015, Malaysia-based telecom firm Axiata bought a majority stake in Ncell from Sweden&#39;s TeliaSonera. Axiata bought the stake the 80 per cent stake in Ncell at Rs 136.65 billion. However, the dispute of capital gain tax is yet to settle.</p>

<p style="text-align: justify;">Most of the Member of Parliament voiced that the Ncell should not be given any approval for additional services including 4G as it has not paid capital gain tax yet. One week back, the committee directed Finance Ministry to collect the capital gain tax from Ncell within next three months.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5024',
			'image' => '20170125042326_ncell.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5222',
			'article_category_id' => '1',
			'title' => 'NOC Increasing Fuel Storage Capacity as per Provincial Basis',
			'sub_title' => '',
			'summary' => 'January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.',
			'content' => '<p style="text-align: justify;">January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.</p>

<p style="text-align: justify;">According to NOC, it has current fuel storage capacity of 71,600 kiloliters in various 10 locations including Kathmandu, Amlekhgunj, Pokhara, Nepalgunj, Bhairahawa and others. The stock can meet the fuel demand for 17 days. The storage capacity will be increased so that the demand can be met till 90 days, said NOC.</p>

<p style="text-align: justify;">NOC started the preparation with the government&#39;s decision to increase the petroleum products storage capacity so that to avoid suffering due to lack of fuel.</p>

<p style="text-align: justify;">The ever increasing demand of fuel has also triggered the need of raising storage facility. &quot;Nepal Government has already taken the strategic decision of raising the storage facility so that to meet at least three months demand,&quot; said Gopal Bahadur Khadka, Executive Director of NOC. Khadka opined that in order to avoid acute fuel shortage due to supply constraints of few days and to make pipeline transfer ease and affordable, adequate storage capacity is fundamental. &nbsp;As per him, the government has initiated work on that aspect.</p>

<p style="text-align: justify;">&quot;NOC targets to build storage area as per provincial structure. For that matter, essential policy and budget has been already managed,&quot; said a NOC source. &nbsp;NOC plans to build storage facilities in all the provinces immediately after acquiring lands required for construction. It is anticipated that the construction of storage facilities will cost above Rs 100 billion.</p>

<p style="text-align: justify;">As per the NOC, it plans to raise the storage facility by 92,465 kiloliters in Province no 1 and by 81,587 in Province no 2. Similarly, it has planned to increase storage facility by 201,566 in Province no 3, by 32,634 in Province no 4 and by 97,904 in Province no 5. Likewise, it is planning to raise the storage facility by 5,500 in Province no 6 and by 21,750 in Province no 7.</p>
',
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			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5023',
			'image' => '20170125014546_petroleum storage.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5221',
			'article_category_id' => '1',
			'title' => 'India Levy 4.5% Service tax, Consumers to Suffer',
			'sub_title' => '',
			'summary' => 'January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely.  According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.',
			'content' => '<p style="text-align: justify;">India Levy 4.5% Service tax, Consumers to Suffer</p>

<p style="text-align: justify;">January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely. &nbsp;According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.</p>

<p style="text-align: justify;">The tax implemented from January 23 will adversely affect Nepali industries and customers,&quot; said Shiva Shankar Agrawal, Former President of Chamber of Industries,Morang. He said, &quot;Indian Finance Minister circulated a notice regarding the tax on January 12. It levied 4.5 per cent service charge on marine imported good since January 23.&quot;</p>

<p style="text-align: justify;">According to Agrawal, no tax and service charges were payable earlier. However, the implemented decision of Indian government will affect the general consumers of Nepal as it will increase the production cost. Previously, service charges were collected on the clearing of goods imported through Kolkata.</p>

<p style="text-align: justify;">However, Kiran Basnet, Chief of Biratnagar Customs Office said that they are not acquainted to any such service tax collected by Indian government. &quot;We have not received any information regarding the matter,&quot; he said.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5022',
			'image' => '20170125122021_india.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5220',
			'article_category_id' => '1',
			'title' => 'Lenovo Smartphone 'Wintertastic' Offer',
			'sub_title' => '',
			'summary' => 'January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched 'Winterastic' scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.',
			'content' => '<p style="text-align: justify;">January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched &#39;Winterastic&#39; scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.</p>

<p style="text-align: justify;">According to LifeCom, customers will be provided VR Box with remote on the purchase of the flagship phone K5 Note. Similarly, VR box remote and Bluetooth headset will be provided on the purchase of K4 Note. The market price of the phone is Rs 25,999. Moreover, there are sure shot prizes on the purchase of other smartphones, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5021',
			'image' => '20170125115001_lenovo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $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'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5228',
			'article_category_id' => '1',
			'title' => 'NMB Bank Relocates 3 Branches',
			'sub_title' => '',
			'summary' => 'January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor. ',
			'content' => '<p style="text-align:justify">January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor.&nbsp;</p>

<p style="text-align:justify">&quot;The relocation of the branches shall provide a balance in the distribution of the bank&#39;s network within the valley and enables easy access to the bank&#39;s services. The bank will give continuity to its network expansion across the country to reach a wider segment of customers,&quot; reads the statement.</p>

<p style="text-align:justify">Currently, NMB Bank is providing its services through 72 branches, 57 ATMs and 7 extension counters across the country</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5029',
			'image' => '20170126125158_nmb.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '5227',
			'article_category_id' => '1',
			'title' => 'Fiat 'Get More with Punto Pure' Scheme',
			'sub_title' => '',
			'summary' => 'January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching ‘Get More with Punto Pure’ scheme.',
			'content' => '<p style="text-align: justify;">January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching &lsquo;Get More with Punto Pure&rsquo; scheme.</p>

<p style="text-align: justify;">According to the statement, customers will be provided attractive discounts and sure shot gifts on every purchase of Fiat Punto Pure under the scheme. Similarly, the customers can get special cash discount and free insurance for one year.</p>

<p style="text-align: justify;">Likewise, the customers are also entitled to get free road tax for one year, free accessories, free reserve camera and eight servicing free of cost. Furthermore, the customers will be provided exchange bonus and loyalty bonus, said Life Automobiles. Fiat Punto Pure was launched in Nepal during NADA Auto Show 2016 on last September. The car is available at Rs 2.28 million in the domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5028',
			'image' => '20170126120731_fiat.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5226',
			'article_category_id' => '1',
			'title' => 'Nepal SBI and Parbhu to finance Upper Naugadh Gadh',
			'sub_title' => '',
			'summary' => 'January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The ex',
			'content' => '<p style="text-align: justify;">January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The expected cost of Upper Naugadh Gadh project is Rs 1.44 billion. &quot;The project aims to connect the electricity produced to the central transmission line by concluding the construction by mid-April 2018,&quot; said Sanjeev Neupane, Executive Director of Api Power.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5027',
			'image' => '20170126114548_upper naugadh.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5225',
			'article_category_id' => '1',
			'title' => 'e-Sewa in 8th Year',
			'sub_title' => '',
			'summary' => 'January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured. ',
			'content' => '<p>January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => 'e-Sewa ',
			'description' => '',
			'sortorder' => '5026',
			'image' => '20170126111527_e-sewa.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '5224',
			'article_category_id' => '1',
			'title' => 'NEPSE  Forwards Process of RWS',
			'sub_title' => '',
			'summary' => 'January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors' meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.',
			'content' => '<p style="text-align: justify;">January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors&#39; meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.</p>

<p style="text-align: justify;">NEPSE mentioned of allowing brokers company having net worth of Rs 10 million and raise the paid-up capital to Rs 20 million by the end of current FY to expand remote work station (RWS). The companies with the infrastructure including accessibility of trading details conducted through RWS and risk management from central office along with log-in monitoring mechanism on Broker Company and remote trading terminal can expand their branches.</p>

<p style="text-align: justify;">Furthermore, the head of RSW should be management graduate, economics graduate or CA passed out, as per the NEPSE.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5025',
			'image' => '20170126104224_nepse.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5223',
			'article_category_id' => '1',
			'title' => '4G License to Ncell Only After Payment of Capital Gain Tax',
			'sub_title' => '',
			'summary' => 'January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC's meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax',
			'content' => '<p style="text-align: justify;">January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC&#39;s meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax under share ownership transfer. Earlier in December 2015, Malaysia-based telecom firm Axiata bought a majority stake in Ncell from Sweden&#39;s TeliaSonera. Axiata bought the stake the 80 per cent stake in Ncell at Rs 136.65 billion. However, the dispute of capital gain tax is yet to settle.</p>

<p style="text-align: justify;">Most of the Member of Parliament voiced that the Ncell should not be given any approval for additional services including 4G as it has not paid capital gain tax yet. One week back, the committee directed Finance Ministry to collect the capital gain tax from Ncell within next three months.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5024',
			'image' => '20170125042326_ncell.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5222',
			'article_category_id' => '1',
			'title' => 'NOC Increasing Fuel Storage Capacity as per Provincial Basis',
			'sub_title' => '',
			'summary' => 'January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.',
			'content' => '<p style="text-align: justify;">January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.</p>

<p style="text-align: justify;">According to NOC, it has current fuel storage capacity of 71,600 kiloliters in various 10 locations including Kathmandu, Amlekhgunj, Pokhara, Nepalgunj, Bhairahawa and others. The stock can meet the fuel demand for 17 days. The storage capacity will be increased so that the demand can be met till 90 days, said NOC.</p>

<p style="text-align: justify;">NOC started the preparation with the government&#39;s decision to increase the petroleum products storage capacity so that to avoid suffering due to lack of fuel.</p>

<p style="text-align: justify;">The ever increasing demand of fuel has also triggered the need of raising storage facility. &quot;Nepal Government has already taken the strategic decision of raising the storage facility so that to meet at least three months demand,&quot; said Gopal Bahadur Khadka, Executive Director of NOC. Khadka opined that in order to avoid acute fuel shortage due to supply constraints of few days and to make pipeline transfer ease and affordable, adequate storage capacity is fundamental. &nbsp;As per him, the government has initiated work on that aspect.</p>

<p style="text-align: justify;">&quot;NOC targets to build storage area as per provincial structure. For that matter, essential policy and budget has been already managed,&quot; said a NOC source. &nbsp;NOC plans to build storage facilities in all the provinces immediately after acquiring lands required for construction. It is anticipated that the construction of storage facilities will cost above Rs 100 billion.</p>

<p style="text-align: justify;">As per the NOC, it plans to raise the storage facility by 92,465 kiloliters in Province no 1 and by 81,587 in Province no 2. Similarly, it has planned to increase storage facility by 201,566 in Province no 3, by 32,634 in Province no 4 and by 97,904 in Province no 5. Likewise, it is planning to raise the storage facility by 5,500 in Province no 6 and by 21,750 in Province no 7.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5023',
			'image' => '20170125014546_petroleum storage.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 13 => array(
		'Article' => array(
			'id' => '5221',
			'article_category_id' => '1',
			'title' => 'India Levy 4.5% Service tax, Consumers to Suffer',
			'sub_title' => '',
			'summary' => 'January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely.  According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.',
			'content' => '<p style="text-align: justify;">India Levy 4.5% Service tax, Consumers to Suffer</p>

<p style="text-align: justify;">January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely. &nbsp;According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.</p>

<p style="text-align: justify;">The tax implemented from January 23 will adversely affect Nepali industries and customers,&quot; said Shiva Shankar Agrawal, Former President of Chamber of Industries,Morang. He said, &quot;Indian Finance Minister circulated a notice regarding the tax on January 12. It levied 4.5 per cent service charge on marine imported good since January 23.&quot;</p>

<p style="text-align: justify;">According to Agrawal, no tax and service charges were payable earlier. However, the implemented decision of Indian government will affect the general consumers of Nepal as it will increase the production cost. Previously, service charges were collected on the clearing of goods imported through Kolkata.</p>

<p style="text-align: justify;">However, Kiran Basnet, Chief of Biratnagar Customs Office said that they are not acquainted to any such service tax collected by Indian government. &quot;We have not received any information regarding the matter,&quot; he said.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5022',
			'image' => '20170125122021_india.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5220',
			'article_category_id' => '1',
			'title' => 'Lenovo Smartphone 'Wintertastic' Offer',
			'sub_title' => '',
			'summary' => 'January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched 'Winterastic' scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.',
			'content' => '<p style="text-align: justify;">January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched &#39;Winterastic&#39; scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.</p>

<p style="text-align: justify;">According to LifeCom, customers will be provided VR Box with remote on the purchase of the flagship phone K5 Note. Similarly, VR box remote and Bluetooth headset will be provided on the purchase of K4 Note. The market price of the phone is Rs 25,999. Moreover, there are sure shot prizes on the purchase of other smartphones, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5021',
			'image' => '20170125115001_lenovo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
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			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5228',
			'article_category_id' => '1',
			'title' => 'NMB Bank Relocates 3 Branches',
			'sub_title' => '',
			'summary' => 'January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor. ',
			'content' => '<p style="text-align:justify">January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor.&nbsp;</p>

<p style="text-align:justify">&quot;The relocation of the branches shall provide a balance in the distribution of the bank&#39;s network within the valley and enables easy access to the bank&#39;s services. The bank will give continuity to its network expansion across the country to reach a wider segment of customers,&quot; reads the statement.</p>

<p style="text-align:justify">Currently, NMB Bank is providing its services through 72 branches, 57 ATMs and 7 extension counters across the country</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5029',
			'image' => '20170126125158_nmb.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5227',
			'article_category_id' => '1',
			'title' => 'Fiat 'Get More with Punto Pure' Scheme',
			'sub_title' => '',
			'summary' => 'January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching ‘Get More with Punto Pure’ scheme.',
			'content' => '<p style="text-align: justify;">January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching &lsquo;Get More with Punto Pure&rsquo; scheme.</p>

<p style="text-align: justify;">According to the statement, customers will be provided attractive discounts and sure shot gifts on every purchase of Fiat Punto Pure under the scheme. Similarly, the customers can get special cash discount and free insurance for one year.</p>

<p style="text-align: justify;">Likewise, the customers are also entitled to get free road tax for one year, free accessories, free reserve camera and eight servicing free of cost. Furthermore, the customers will be provided exchange bonus and loyalty bonus, said Life Automobiles. Fiat Punto Pure was launched in Nepal during NADA Auto Show 2016 on last September. The car is available at Rs 2.28 million in the domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5028',
			'image' => '20170126120731_fiat.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5226',
			'article_category_id' => '1',
			'title' => 'Nepal SBI and Parbhu to finance Upper Naugadh Gadh',
			'sub_title' => '',
			'summary' => 'January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The ex',
			'content' => '<p style="text-align: justify;">January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The expected cost of Upper Naugadh Gadh project is Rs 1.44 billion. &quot;The project aims to connect the electricity produced to the central transmission line by concluding the construction by mid-April 2018,&quot; said Sanjeev Neupane, Executive Director of Api Power.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5027',
			'image' => '20170126114548_upper naugadh.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5225',
			'article_category_id' => '1',
			'title' => 'e-Sewa in 8th Year',
			'sub_title' => '',
			'summary' => 'January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured. ',
			'content' => '<p>January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => 'e-Sewa ',
			'description' => '',
			'sortorder' => '5026',
			'image' => '20170126111527_e-sewa.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5224',
			'article_category_id' => '1',
			'title' => 'NEPSE  Forwards Process of RWS',
			'sub_title' => '',
			'summary' => 'January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors' meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.',
			'content' => '<p style="text-align: justify;">January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors&#39; meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.</p>

<p style="text-align: justify;">NEPSE mentioned of allowing brokers company having net worth of Rs 10 million and raise the paid-up capital to Rs 20 million by the end of current FY to expand remote work station (RWS). The companies with the infrastructure including accessibility of trading details conducted through RWS and risk management from central office along with log-in monitoring mechanism on Broker Company and remote trading terminal can expand their branches.</p>

<p style="text-align: justify;">Furthermore, the head of RSW should be management graduate, economics graduate or CA passed out, as per the NEPSE.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5025',
			'image' => '20170126104224_nepse.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5223',
			'article_category_id' => '1',
			'title' => '4G License to Ncell Only After Payment of Capital Gain Tax',
			'sub_title' => '',
			'summary' => 'January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC's meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax',
			'content' => '<p style="text-align: justify;">January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC&#39;s meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax under share ownership transfer. Earlier in December 2015, Malaysia-based telecom firm Axiata bought a majority stake in Ncell from Sweden&#39;s TeliaSonera. Axiata bought the stake the 80 per cent stake in Ncell at Rs 136.65 billion. However, the dispute of capital gain tax is yet to settle.</p>

<p style="text-align: justify;">Most of the Member of Parliament voiced that the Ncell should not be given any approval for additional services including 4G as it has not paid capital gain tax yet. One week back, the committee directed Finance Ministry to collect the capital gain tax from Ncell within next three months.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5024',
			'image' => '20170125042326_ncell.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 12 => array(
		'Article' => array(
			'id' => '5222',
			'article_category_id' => '1',
			'title' => 'NOC Increasing Fuel Storage Capacity as per Provincial Basis',
			'sub_title' => '',
			'summary' => 'January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.',
			'content' => '<p style="text-align: justify;">January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.</p>

<p style="text-align: justify;">According to NOC, it has current fuel storage capacity of 71,600 kiloliters in various 10 locations including Kathmandu, Amlekhgunj, Pokhara, Nepalgunj, Bhairahawa and others. The stock can meet the fuel demand for 17 days. The storage capacity will be increased so that the demand can be met till 90 days, said NOC.</p>

<p style="text-align: justify;">NOC started the preparation with the government&#39;s decision to increase the petroleum products storage capacity so that to avoid suffering due to lack of fuel.</p>

<p style="text-align: justify;">The ever increasing demand of fuel has also triggered the need of raising storage facility. &quot;Nepal Government has already taken the strategic decision of raising the storage facility so that to meet at least three months demand,&quot; said Gopal Bahadur Khadka, Executive Director of NOC. Khadka opined that in order to avoid acute fuel shortage due to supply constraints of few days and to make pipeline transfer ease and affordable, adequate storage capacity is fundamental. &nbsp;As per him, the government has initiated work on that aspect.</p>

<p style="text-align: justify;">&quot;NOC targets to build storage area as per provincial structure. For that matter, essential policy and budget has been already managed,&quot; said a NOC source. &nbsp;NOC plans to build storage facilities in all the provinces immediately after acquiring lands required for construction. It is anticipated that the construction of storage facilities will cost above Rs 100 billion.</p>

<p style="text-align: justify;">As per the NOC, it plans to raise the storage facility by 92,465 kiloliters in Province no 1 and by 81,587 in Province no 2. Similarly, it has planned to increase storage facility by 201,566 in Province no 3, by 32,634 in Province no 4 and by 97,904 in Province no 5. Likewise, it is planning to raise the storage facility by 5,500 in Province no 6 and by 21,750 in Province no 7.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5023',
			'image' => '20170125014546_petroleum storage.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5221',
			'article_category_id' => '1',
			'title' => 'India Levy 4.5% Service tax, Consumers to Suffer',
			'sub_title' => '',
			'summary' => 'January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely.  According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.',
			'content' => '<p style="text-align: justify;">India Levy 4.5% Service tax, Consumers to Suffer</p>

<p style="text-align: justify;">January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely. &nbsp;According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.</p>

<p style="text-align: justify;">The tax implemented from January 23 will adversely affect Nepali industries and customers,&quot; said Shiva Shankar Agrawal, Former President of Chamber of Industries,Morang. He said, &quot;Indian Finance Minister circulated a notice regarding the tax on January 12. It levied 4.5 per cent service charge on marine imported good since January 23.&quot;</p>

<p style="text-align: justify;">According to Agrawal, no tax and service charges were payable earlier. However, the implemented decision of Indian government will affect the general consumers of Nepal as it will increase the production cost. Previously, service charges were collected on the clearing of goods imported through Kolkata.</p>

<p style="text-align: justify;">However, Kiran Basnet, Chief of Biratnagar Customs Office said that they are not acquainted to any such service tax collected by Indian government. &quot;We have not received any information regarding the matter,&quot; he said.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5022',
			'image' => '20170125122021_india.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5220',
			'article_category_id' => '1',
			'title' => 'Lenovo Smartphone 'Wintertastic' Offer',
			'sub_title' => '',
			'summary' => 'January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched 'Winterastic' scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.',
			'content' => '<p style="text-align: justify;">January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched &#39;Winterastic&#39; scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.</p>

<p style="text-align: justify;">According to LifeCom, customers will be provided VR Box with remote on the purchase of the flagship phone K5 Note. Similarly, VR box remote and Bluetooth headset will be provided on the purchase of K4 Note. The market price of the phone is Rs 25,999. Moreover, there are sure shot prizes on the purchase of other smartphones, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5021',
			'image' => '20170125115001_lenovo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 1 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5228',
			'article_category_id' => '1',
			'title' => 'NMB Bank Relocates 3 Branches',
			'sub_title' => '',
			'summary' => 'January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor. ',
			'content' => '<p style="text-align:justify">January 26: NMB Bank has relocated three of its branches to new locations. Issuing a press statement the bank informed that the Durbar Marg branch has been relocated to Teku, Kamalpokhari branch to Pulchok and New Baneshwor branch to Tinkune, Kuleshwor.&nbsp;</p>

<p style="text-align:justify">&quot;The relocation of the branches shall provide a balance in the distribution of the bank&#39;s network within the valley and enables easy access to the bank&#39;s services. The bank will give continuity to its network expansion across the country to reach a wider segment of customers,&quot; reads the statement.</p>

<p style="text-align:justify">Currently, NMB Bank is providing its services through 72 branches, 57 ATMs and 7 extension counters across the country</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5029',
			'image' => '20170126125158_nmb.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5227',
			'article_category_id' => '1',
			'title' => 'Fiat 'Get More with Punto Pure' Scheme',
			'sub_title' => '',
			'summary' => 'January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching ‘Get More with Punto Pure’ scheme.',
			'content' => '<p style="text-align: justify;">January 26: Life Automobiles, the authorized distributor of Fiat Automobiles for Nepal has launched a new consumer scheme. Issuing a press statement, the company informed of launching &lsquo;Get More with Punto Pure&rsquo; scheme.</p>

<p style="text-align: justify;">According to the statement, customers will be provided attractive discounts and sure shot gifts on every purchase of Fiat Punto Pure under the scheme. Similarly, the customers can get special cash discount and free insurance for one year.</p>

<p style="text-align: justify;">Likewise, the customers are also entitled to get free road tax for one year, free accessories, free reserve camera and eight servicing free of cost. Furthermore, the customers will be provided exchange bonus and loyalty bonus, said Life Automobiles. Fiat Punto Pure was launched in Nepal during NADA Auto Show 2016 on last September. The car is available at Rs 2.28 million in the domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5028',
			'image' => '20170126120731_fiat.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5226',
			'article_category_id' => '1',
			'title' => 'Nepal SBI and Parbhu to finance Upper Naugadh Gadh',
			'sub_title' => '',
			'summary' => 'January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The ex',
			'content' => '<p style="text-align: justify;">January 26: Nepal SBI Bank and Prabhu Bank are jointly investing in the Upper Naugadh Gadh Small Hydropower Project to be developed by Api Power Company. The two banks will invest Rs 1 billion on the 8MW hydropower project. Under the headship of Nepal SBI Bank, a memorandum of understanding regarding the investment was signed on January 25. Nepal SBI will investment Rs 550 million and Prabhu Bank will invest Rs 450 million on the project. The expected cost of Upper Naugadh Gadh project is Rs 1.44 billion. &quot;The project aims to connect the electricity produced to the central transmission line by concluding the construction by mid-April 2018,&quot; said Sanjeev Neupane, Executive Director of Api Power.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5027',
			'image' => '20170126114548_upper naugadh.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5225',
			'article_category_id' => '1',
			'title' => 'e-Sewa in 8th Year',
			'sub_title' => '',
			'summary' => 'January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured. ',
			'content' => '<p>January 26: The first payment gateway company of Nepal e-Sewa has entered its eighth year of operation. On the occasion, the company organised a blood donation program. The blood donation program which was organised in the central office of the company located at Hattisar collected nearly 100 units of blood. On the same occasion, employees outperforming their tasks were also honoured.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => 'e-Sewa ',
			'description' => '',
			'sortorder' => '5026',
			'image' => '20170126111527_e-sewa.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5224',
			'article_category_id' => '1',
			'title' => 'NEPSE  Forwards Process of RWS',
			'sub_title' => '',
			'summary' => 'January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors' meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.',
			'content' => '<p style="text-align: justify;">January 26: Nepal Stock Exchange (NEPSE) has forwarded the process of expanding remote work station (RWS) of stock brokers. The process was forwarded as per the decision of NEPSE board of directors&#39; meeting held on January 20. NEPSE issuing a statement clarified of informing Securities Board of Nepal (SEBON) about the capital of stock brokers, required infrastructure, risk management, human resource and clearing and settlement mechanism related with expansion of broker branches.</p>

<p style="text-align: justify;">NEPSE mentioned of allowing brokers company having net worth of Rs 10 million and raise the paid-up capital to Rs 20 million by the end of current FY to expand remote work station (RWS). The companies with the infrastructure including accessibility of trading details conducted through RWS and risk management from central office along with log-in monitoring mechanism on Broker Company and remote trading terminal can expand their branches.</p>

<p style="text-align: justify;">Furthermore, the head of RSW should be management graduate, economics graduate or CA passed out, as per the NEPSE.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5025',
			'image' => '20170126104224_nepse.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5223',
			'article_category_id' => '1',
			'title' => '4G License to Ncell Only After Payment of Capital Gain Tax',
			'sub_title' => '',
			'summary' => 'January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC's meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax',
			'content' => '<p style="text-align: justify;">January 25: The Public Account committee (PAC) under the Legislature-Parliament has directed the government to provide 4G license to Ncell only after the latter pays capital gain tax. The PAC&#39;s meeting held on January 24 directed the government not to provide license for any additional services to Ncell until the company pay capital gain tax under share ownership transfer. Earlier in December 2015, Malaysia-based telecom firm Axiata bought a majority stake in Ncell from Sweden&#39;s TeliaSonera. Axiata bought the stake the 80 per cent stake in Ncell at Rs 136.65 billion. However, the dispute of capital gain tax is yet to settle.</p>

<p style="text-align: justify;">Most of the Member of Parliament voiced that the Ncell should not be given any approval for additional services including 4G as it has not paid capital gain tax yet. One week back, the committee directed Finance Ministry to collect the capital gain tax from Ncell within next three months.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5024',
			'image' => '20170125042326_ncell.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5222',
			'article_category_id' => '1',
			'title' => 'NOC Increasing Fuel Storage Capacity as per Provincial Basis',
			'sub_title' => '',
			'summary' => 'January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.',
			'content' => '<p style="text-align: justify;">January 25: Nepal Oil Corporation (NOC) is increasing its fuel storage capacity. It is planning to increase its fuel storage capacity by 424,000 kiloliters to ease the availability of petroleum products.</p>

<p style="text-align: justify;">According to NOC, it has current fuel storage capacity of 71,600 kiloliters in various 10 locations including Kathmandu, Amlekhgunj, Pokhara, Nepalgunj, Bhairahawa and others. The stock can meet the fuel demand for 17 days. The storage capacity will be increased so that the demand can be met till 90 days, said NOC.</p>

<p style="text-align: justify;">NOC started the preparation with the government&#39;s decision to increase the petroleum products storage capacity so that to avoid suffering due to lack of fuel.</p>

<p style="text-align: justify;">The ever increasing demand of fuel has also triggered the need of raising storage facility. &quot;Nepal Government has already taken the strategic decision of raising the storage facility so that to meet at least three months demand,&quot; said Gopal Bahadur Khadka, Executive Director of NOC. Khadka opined that in order to avoid acute fuel shortage due to supply constraints of few days and to make pipeline transfer ease and affordable, adequate storage capacity is fundamental. &nbsp;As per him, the government has initiated work on that aspect.</p>

<p style="text-align: justify;">&quot;NOC targets to build storage area as per provincial structure. For that matter, essential policy and budget has been already managed,&quot; said a NOC source. &nbsp;NOC plans to build storage facilities in all the provinces immediately after acquiring lands required for construction. It is anticipated that the construction of storage facilities will cost above Rs 100 billion.</p>

<p style="text-align: justify;">As per the NOC, it plans to raise the storage facility by 92,465 kiloliters in Province no 1 and by 81,587 in Province no 2. Similarly, it has planned to increase storage facility by 201,566 in Province no 3, by 32,634 in Province no 4 and by 97,904 in Province no 5. Likewise, it is planning to raise the storage facility by 5,500 in Province no 6 and by 21,750 in Province no 7.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5023',
			'image' => '20170125014546_petroleum storage.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5221',
			'article_category_id' => '1',
			'title' => 'India Levy 4.5% Service tax, Consumers to Suffer',
			'sub_title' => '',
			'summary' => 'January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely.  According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.',
			'content' => '<p style="text-align: justify;">India Levy 4.5% Service tax, Consumers to Suffer</p>

<p style="text-align: justify;">January 25: India has levied 4.5 per cent service tax on transportation of Nepali goods imported through Indian port which may affect Nepali industrialists and customers adversely. &nbsp;According to some industrialists, Nepali market will have direct impact of the decision taken by Finance Ministry of India.</p>

<p style="text-align: justify;">The tax implemented from January 23 will adversely affect Nepali industries and customers,&quot; said Shiva Shankar Agrawal, Former President of Chamber of Industries,Morang. He said, &quot;Indian Finance Minister circulated a notice regarding the tax on January 12. It levied 4.5 per cent service charge on marine imported good since January 23.&quot;</p>

<p style="text-align: justify;">According to Agrawal, no tax and service charges were payable earlier. However, the implemented decision of Indian government will affect the general consumers of Nepal as it will increase the production cost. Previously, service charges were collected on the clearing of goods imported through Kolkata.</p>

<p style="text-align: justify;">However, Kiran Basnet, Chief of Biratnagar Customs Office said that they are not acquainted to any such service tax collected by Indian government. &quot;We have not received any information regarding the matter,&quot; he said.</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5022',
			'image' => '20170125122021_india.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5220',
			'article_category_id' => '1',
			'title' => 'Lenovo Smartphone 'Wintertastic' Offer',
			'sub_title' => '',
			'summary' => 'January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched 'Winterastic' scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.',
			'content' => '<p style="text-align: justify;">January 25: LifeCom, the authorised distributor of Lenovo for Nepal has launched &#39;Winterastic&#39; scheme on Lenovo smartphones. Under the offer, customers will be provided attractive discounts and prizes while purchasing Lenovo smartphones, informed LifeCom. The offer will be available all over the country on all models of Lenovo smartphones.</p>

<p style="text-align: justify;">According to LifeCom, customers will be provided VR Box with remote on the purchase of the flagship phone K5 Note. Similarly, VR box remote and Bluetooth headset will be provided on the purchase of K4 Note. The market price of the phone is Rs 25,999. Moreover, there are sure shot prizes on the purchase of other smartphones, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5021',
			'image' => '20170125115001_lenovo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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include - APP/View/Elements/side_bar.ctp, line 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