NEWS

Mobile Expo at Lalitpur Mobile Complex

Jan 25, 2017 0 52 seconds to read

January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising 'Zopo Mobile Presents Lalitpur Mobile Expo 2017' in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the…

Nepal’s Electricity to have Access to Bangladesh Market

Jan 24, 2017 0 2 minutes 55 seconds to read

January 24: Nepal will have access to Bangladeshi market for the export of electricity. This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian…

Inland Revenue Collection up by 42%

Jan 24, 2017 0 2 minutes 10 seconds to read

January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices.…

Gurkhas Appoints NIBL Capital as Issue Manager

Jan 24, 2017 0 25 seconds to read

January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22nd annual general…

Manaslu's Branch in Manakamana

Jan 24, 2017 0 28 seconds to read

January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January…

Vibor Society Devt Starts Branch at Rajako Chautara

Jan 24, 2017 1 26 seconds to read

January 24: Vibor Society Development Bank has started a branch at Rajako Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking…

MTV Roadies in Nepali Version

Jan 24, 2017 1 53 seconds to read

January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. “I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,” said Chang Agarwal, Executive Director of Himalaya…

Samsung Launches J2 Ace in Nepali Market

Jan 24, 2017 0 20 seconds to read

January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies. The phone is priced at Rs 13,990 in domestic market.…

e-Sewa Offers 20% Discount on Online Ticketing of CAN-Infotech

Jan 24, 2017 0 28 seconds to read

January 24: e-Sewa is offering 20 per cent discount on 'Subisu CAN-Infotech' online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. "The discount is offered on online ticketings in a bid to promote information and technology," said…

Ford's Big Deal Campaign

Jan 24, 2017 0 34 seconds to read

January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its…

Nepal Bank Starts Branch at Kohalpur

Jan 24, 2017 0 17 seconds to read

January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. "The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region," said Dr Damber Bahadur Bhandari, BOD member of the bank.…

Merger of RBB and NIDC Devt Bank in Final Phase

Jan 23, 2017 0 31 seconds to read

January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52th anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. "The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers' Council," he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area.…

Publish Financial Report as per New Regulation: NEPSE

Jan 23, 2017 0 1 minutes 23 seconds to read

January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per 'Securities registration and issue Regulations 2073'. On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new…

Rs 40 bn Spent on Petroleum Products and Vehicles thru Birgunj Customs Point

Jan 23, 2017 0 57 seconds to read

January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs…

Industrialist Baidhya Honoured

Jan 23, 2017 0 32 seconds to read

January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy…

< previous944945946947948949950951952next >

No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5219',
			'article_category_id' => '1',
			'title' => 'Mobile Expo at Lalitpur Mobile Complex',
			'sub_title' => '',
			'summary' => 'January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising 'Zopo Mobile Presents Lalitpur Mobile Expo 2017' in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.',
			'content' => '<p style="text-align: justify;">January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising &#39;Zopo Mobile Presents Lalitpur Mobile Expo 2017&#39; in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.</p>

<p style="text-align: justify;">The expo will showcase mobile phones of various brands in the price range of Rs 1000-Rs 140,000. According to the organiser, mobile phones including Zopo Colour F5, Huawei GR5 2017, Samsung Galaxy C9 Pro, Gionee S6s, Lava A3, Oppo F1s will be available in the expo. Similarly, the expo will also showcase Apple&#39;s iPhone 7 and 7 plus. &nbsp;</p>

<p style="text-align: justify;">The customers will be provided discount of 5-70 per cent in every purchase. Moreover, the expo is offering free mobile with every purchase of Microsoft smartphone. Likewise, the customers are also entitled to various prizes including power bank, selfie stick and Bluetooth speaker on the purchase of mobile phones of other brands.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5020',
			'image' => '20170125112615_mobile expo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5218',
			'article_category_id' => '1',
			'title' => 'Nepal’s Electricity to have Access to Bangladesh Market',
			'sub_title' => '',
			'summary' => 'January 24: Nepal will have access to Bangladeshi market for the export of electricity.  This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory',
			'content' => '<p>January 24:&nbsp; &nbsp;Nepal will have access to Bangladeshi market for the export of electricity.</p>

<p>This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory.</p>

<p>There has been so far only one agreement for exporting power to only one country when the Power Trade Agreement (PTA) was signed between Nepal and India (that too under suspicion regarding its implementation).</p>

<p>No process of power trade from Nepal has been forwarded with another neighbor China. &nbsp;In such a situation, the access to Bangladesh for power trade has increased the possibility of power sector development in Nepal.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Khadga Bahadur Bista, former President of Independent Power Producers&rsquo; Association, Nepal (IPPAN) considers the Bangladeshi plan as a major strategic decision. &nbsp;He says for the time being, Bangladesh will have to pay less for per unit of power while purchasing from India than Nepal, but it seems that it has forwarded the present purchase policy of importing from Nepal in view of climate change, future dearth of non-renewable energy and&nbsp;&nbsp; emphasis on renewable energy.</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bangladesh, while emphasizing on its own production, has been successful in generating 10,000 mw in seven years.&nbsp; And, this trend is getting continuation. &nbsp;Besides this, Bangladesh has forwarded power purchase strategy to buy electricity to fulfill its high demand for power from India, Bhutan and Nepal as well.&nbsp;</p>

<p>Therefore, if possible, it wants to import power directly from Nepal and if not, invest in the hydro power projects in the concerned country and then import it. Bangladesh had been making efforts for long to import power from Nepal. The process was forwarded after talks were held in minister level when Energy Minister Janardan Sharma had visited Bangladesh recently to participate in a programme.</p>

<p>Now, when the two countries sign understanding on this, it will open up avenues for power trade to other country for Nepal other than India. &nbsp;But experts in this sector suspect that India which has defined electricity as a strategic commodity than a commercial commodity in its Cross-Border Power Trade Directory, could fail to show normal behavior on exchange of power between two countries through its territory other than buying or selling itself.</p>

<p><strong>Emphasis on internal consumption</strong></p>

<p>&nbsp;For a long time in the past, exporting power generated in Nepal to India was deemed attractive.</p>

<p>&nbsp;On this issue, every energy minister kept on calling for foreign investment in the energy sector. But the new Energy Minister Sharma said first, fulfill the internal demand, and then emphasize on industrialization and other development for consumption, and if saved, then only export power. &nbsp;This has challenged the notion that if India does not buy electricity, developing hydro power projects in Nepal will eventually stop.</p>

<p style="text-align:justify">If it goes as the minister says, there is no possibility of electricity export from Nepal for a long time. On the other hand, China is also showing concern on extension of Trans-Himalayan transmission line via Kerung at Rasuwagadhi border point of Nepal.&nbsp; In this situation, Nepal has to adopt a far-sighted strategy regarding power development and trade.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5019',
			'image' => '20170124070125_power.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5217',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Collection up by 42%',
			'sub_title' => '',
			'summary' => 'January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices. ',
			'content' => '<p style="text-align:justify">January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices.&nbsp;</p>

<p style="text-align:justify">The collected revenue is 42 per cent more than that of the corresponding period last FY, as per the statement issued by the department.</p>

<p style="text-align:justify">According to the Department, it has been successful in collecting 106 per cent of the given target of Rs 106.32 billion revenue by mid-January of the current FY. The figure of revenue collection does not include customs charge of imported merchandise. Including the customs charge, the revenue collected is above Rs 250 billion during the period, shows the statistics of the Office of the Comptroller General.&nbsp;</p>

<p style="text-align:justify">As per the statistics of the Department, income tax has major contribution of Rs 62 billion in the internal revenue followed by Value Added Tax (VAT) amounting to Rs 28 billion.</p>

<p style="text-align:justify">Similarly, excise duty of Rs 21.08 billion has been collected while the remaining amount has been collected through health and education charges.</p>

<p style="text-align:justify">The collected income tax is 109 per cent of the given target whereas VAT is collected 100 per cent. Similarly, 104 per cent excise duty has been collected and education service charges and health service charges have been collected 88 per cent and 89 per cent respectively.</p>

<p style="text-align:justify">Compared to the review period of the last FY, the income tax, VAT and excise duty have increased by 147 per cent, 125 per cent and 160 per cent respectively. Likewise, health service tax and education service tax have increased by 131 percent each, as per the statistics.</p>

<p style="text-align:justify">Chudamani Sharma, Director General of the Department congratulated the employees for collecting excess revenue than the targeted revenue. He also directed employees to obtain due tax from related kin in case of death of any taxpayer.</p>

<p style="text-align:justify">For those offices which could not meet the revenue collection target, he ordered to submit the basis and causes of low revenue collection. In the context of ineffective collection of house-rent tax, he said that the market inspection will be made intense by taking the rent paid by government offices as a base.</p>

<p style="text-align:justify">Moreover, the Department has prepared an action plan under which details of taxpayers will be included in taxpayers&#39; registration process and effective inspection will be carried out on the stickers of alcoholic beverages and tobacco products.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5018',
			'image' => '20170124050903_inland.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5216',
			'article_category_id' => '1',
			'title' => 'Gurkhas Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22nd annual general meeting.',
			'content' => '<p style="text-align:justify">January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22<sup>nd</sup> annual general meeting.</p>

<p style="text-align:justify">Raj Kumar Rai, CEO of the finance and Mekh Bahadur Thapa, General Manager of the capital signed an agreement amid a program on January 23. The finance is issuing 2,893,313 units of right shares to its existing shareholders.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5017',
			'image' => '20170124012855_gorkhas.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5215',
			'article_category_id' => '1',
			'title' => 'Manaslu's Branch in Manakamana',
			'sub_title' => '',
			'summary' => 'January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.',
			'content' => '<p style="text-align: justify;">January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.</p>

<p style="text-align: justify;">&quot;The bank will modify its services as per the time. It will invest in local productive sector by collecting capital scattered in the village,&quot; said Bijay Malla, BOD Chairman of the bank. The bank which is operating in three districts including Gorkha, Tanahun and Chitwan is merging with Om Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5016',
			'image' => '20170124012217_manaslu.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5214',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Starts Branch at Rajako Chautara',
			'sub_title' => '',
			'summary' => 'January 24: Vibor Society Development Bank has started a branch at Rajako Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.',
			'content' => '<p style="text-align:justify">January 24: Vibor Society Development Bank has started a branch at Rajako&nbsp;Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.</p>

<p style="text-align:justify">According to the bank, the branch will provide ABBS, mobile banking and other services along with collection of deposit and loan extension services. Presently, the bank is serving its customers through 44 branches, one extension counter and 12 ATMs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5015',
			'image' => '20170124011146_vibor.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5213',
			'article_category_id' => '1',
			'title' => 'MTV Roadies in Nepali Version',
			'sub_title' => '',
			'summary' => 'January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. “I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,” said Chang Agarwal, Executive Director of Himalaya Television.',
			'content' => '<p style="text-align: justify;">January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. &ldquo;I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,&rdquo; said Chang Agarwal, Executive Director of Himalaya Television.</p>

<p style="text-align: justify;">According to the Director of the series, Aman Pratap Adhikary, &ldquo;This is an exciting time when an international franchise of such magnitude is being dared on National television. This will help Nepali production values meet international standard.&rdquo;</p>

<p style="text-align: justify;">&quot;The three judges for the Himalaya Roadies are Deeya Maskey, Remon Das Shrestha and Aasis Rana aka Laure,&quot; reads the press statement issued by the company.</p>

<p style="text-align: justify;">&nbsp;Bajaj Avenger is the title sponsor of the Himalaya Roadies and styled by Set Wet in association with Ncell, an Axiata company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5014',
			'image' => '20170124010410_roadies.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5212',
			'article_category_id' => '1',
			'title' => 'Samsung Launches J2 Ace in Nepali Market',
			'sub_title' => '',
			'summary' => 'January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies.  The phone is priced at Rs 13,990 in domestic market. ',
			'content' => '<p style="text-align: justify;">January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies. &nbsp;The phone is priced at Rs 13,990 in domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5013',
			'image' => '20170124123342_samsung.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5211',
			'article_category_id' => '1',
			'title' => 'e-Sewa Offers 20% Discount on Online Ticketing of CAN-Infotech',
			'sub_title' => '',
			'summary' => 'January 24: e-Sewa is offering 20 per cent discount on 'Subisu CAN-Infotech'  online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. "The discount is offered on online ticketings in a bid to promote information and technology," said e-Sewa.',
			'content' => '<p style="text-align: justify;">January 24: e-Sewa is offering 20 per cent discount on &#39;Subisu CAN-Infotech&#39; &nbsp;online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. &quot;The discount is offered on online ticketings in a bid to promote information and technology,&quot; said e-Sewa.</p>

<p style="text-align: justify;">The ticket price of CAN-Infotech is Rs 100 for a general person and Rs 50 for a student. &quot;However, January 29 has been announced as &#39;Business Day&#39;, thus no student concession will be provided on the day,&quot; informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5012',
			'image' => '20170124113545_e-sewa.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5210',
			'article_category_id' => '1',
			'title' => 'Ford's Big Deal Campaign',
			'sub_title' => '',
			'summary' => 'January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.',
			'content' => '<p style="text-align: justify;">January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.</p>

<p style="text-align: justify;">&quot;All 2017 manufactured Ford vehicles comes with enhanced features and comfort. Additionally, Ford is offering heavy discount on 2016 make models where customers have an option to either choose fresh 2017 make or get high discount on 2016 make vehicles through its &ldquo;Big Deal&rdquo; campaign,&quot; reads the statement.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5011',
			'image' => '20170124111724_ford.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5209',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts Branch at Kohalpur',
			'sub_title' => '',
			'summary' => 'January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. "The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region," said Dr Damber Bahadur Bhandari, BOD member of the bank. ',
			'content' => '<p>January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. &quot;The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region,&quot; said Dr Damber Bahadur Bhandari, BOD member of the bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => 'Nepal Bank,',
			'description' => '',
			'sortorder' => '5010',
			'image' => '20170124110136_nepal bank.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5208',
			'article_category_id' => '1',
			'title' => 'Merger of RBB and NIDC Devt Bank in Final Phase',
			'sub_title' => '',
			'summary' => 'January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52th anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. "The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers' Council," he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area. ',
			'content' => '<p style="text-align: justify;">January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52<sup>th</sup> anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. &quot;The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers&#39; Council,&quot; he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5009',
			'image' => '20170123045528_rbb and nidc.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5205',
			'article_category_id' => '1',
			'title' => 'Publish Financial Report as per New Regulation: NEPSE  ',
			'sub_title' => '',
			'summary' => 'January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per 'Securities registration and issue Regulations 2073'.  On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.',
			'content' => '<p style="text-align: justify;">January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per &#39;Securities registration and issue Regulations 2073&#39;.&nbsp; On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.</p>

<p style="text-align: justify;">NEPSE highlighted that the reports being published by the listed companies are as per the Securities Registration and Issue Regulation 2065 and not per the new regulation.</p>

<p style="text-align: justify;">Although few companies published the details according to the new regulation, the heading of the notice reads the content of old regulation. Others failed to adapt the new regulation. As per the new regulation, companies need to mention the main cause behind any changes in reserve, income and liquidity during the quarterly period while publishing the financial report. Similarly, based on the previous experience, companies should include analytical report on conditions and events that might affect the reserve, profit and cash flow of the company. Moreover, the financial report should also contain administrative analysis on future business plan of the company.</p>

<p style="text-align: justify;">The financial report of the company should also comprise opinions of company&#39;s administration on share trading and problems and challenges borne by the company. The new regulation also reads that the financial report should publish the strategies to manage the problems and challenges. Moreover, Chairman or CEO of the company should authenticate the details published in the financial report as per the new regulation.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5008',
			'image' => '20170123032159_NEPSE.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5204',
			'article_category_id' => '1',
			'title' => 'Rs 40 bn Spent on Petroleum Products and Vehicles thru Birgunj Customs Point',
			'sub_title' => '',
			'summary' => 'January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.',
			'content' => '<p style="text-align: justify;">January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.</p>

<p style="text-align: justify;">During the period of mid-July to mid-January, Nepal imported petroleum products amounted to Rs 23.73 billion through the customs point. According to the office, 70 per cent of the total import of petroleum products is carried out through the customs point.</p>

<p style="text-align: justify;">Diesel was the prime imported product during the period. The country spent Rs 13.73 billion on 285,109 kiloliters of diesel through the custom point. Similarly, 106,602 kiloliters of petrol worth of Rs 5.02 billion and 83,948,000 kilograms of LP gas worth of Rs 4.76 billion were also imported from the customs point.</p>

<p style="text-align: justify;">&quot;As the price of petroleum products were slashed this year, the figure is apparently low compare to the quantity,&quot; said Sewantak Pokharel, Chief of the custom office.</p>

<p style="text-align: justify;">Similarly, vehicles worth of Rs nearly 16 billion has been imported from the customs point as per the statistics.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123012454_birgunj.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5206',
			'article_category_id' => '1',
			'title' => 'Industrialist Baidhya Honoured',
			'sub_title' => '',
			'summary' => 'January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.',
			'content' => '<p style="text-align:justify">January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.</p>

<p style="text-align:justify">The academy honoured Baidhya for his contribution on promotion and development of local businesses and industries and for the exposure of possible economic development of Bara-Parsa region. He was also appreciated for his initiation to various bodies as a goodwill ambassador of Birgunj Sub-Metropolitan. &nbsp;The honour ceremony that was organised in the capital under the supervision of Indian Embassy honoured 32 individuals who made important contribution in various sectors.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123035615_baidhya.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
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(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5219',
			'article_category_id' => '1',
			'title' => 'Mobile Expo at Lalitpur Mobile Complex',
			'sub_title' => '',
			'summary' => 'January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising 'Zopo Mobile Presents Lalitpur Mobile Expo 2017' in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.',
			'content' => '<p style="text-align: justify;">January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising &#39;Zopo Mobile Presents Lalitpur Mobile Expo 2017&#39; in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.</p>

<p style="text-align: justify;">The expo will showcase mobile phones of various brands in the price range of Rs 1000-Rs 140,000. According to the organiser, mobile phones including Zopo Colour F5, Huawei GR5 2017, Samsung Galaxy C9 Pro, Gionee S6s, Lava A3, Oppo F1s will be available in the expo. Similarly, the expo will also showcase Apple&#39;s iPhone 7 and 7 plus. &nbsp;</p>

<p style="text-align: justify;">The customers will be provided discount of 5-70 per cent in every purchase. Moreover, the expo is offering free mobile with every purchase of Microsoft smartphone. Likewise, the customers are also entitled to various prizes including power bank, selfie stick and Bluetooth speaker on the purchase of mobile phones of other brands.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5020',
			'image' => '20170125112615_mobile expo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5218',
			'article_category_id' => '1',
			'title' => 'Nepal’s Electricity to have Access to Bangladesh Market',
			'sub_title' => '',
			'summary' => 'January 24: Nepal will have access to Bangladeshi market for the export of electricity.  This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory',
			'content' => '<p>January 24:&nbsp; &nbsp;Nepal will have access to Bangladeshi market for the export of electricity.</p>

<p>This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory.</p>

<p>There has been so far only one agreement for exporting power to only one country when the Power Trade Agreement (PTA) was signed between Nepal and India (that too under suspicion regarding its implementation).</p>

<p>No process of power trade from Nepal has been forwarded with another neighbor China. &nbsp;In such a situation, the access to Bangladesh for power trade has increased the possibility of power sector development in Nepal.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Khadga Bahadur Bista, former President of Independent Power Producers&rsquo; Association, Nepal (IPPAN) considers the Bangladeshi plan as a major strategic decision. &nbsp;He says for the time being, Bangladesh will have to pay less for per unit of power while purchasing from India than Nepal, but it seems that it has forwarded the present purchase policy of importing from Nepal in view of climate change, future dearth of non-renewable energy and&nbsp;&nbsp; emphasis on renewable energy.</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bangladesh, while emphasizing on its own production, has been successful in generating 10,000 mw in seven years.&nbsp; And, this trend is getting continuation. &nbsp;Besides this, Bangladesh has forwarded power purchase strategy to buy electricity to fulfill its high demand for power from India, Bhutan and Nepal as well.&nbsp;</p>

<p>Therefore, if possible, it wants to import power directly from Nepal and if not, invest in the hydro power projects in the concerned country and then import it. Bangladesh had been making efforts for long to import power from Nepal. The process was forwarded after talks were held in minister level when Energy Minister Janardan Sharma had visited Bangladesh recently to participate in a programme.</p>

<p>Now, when the two countries sign understanding on this, it will open up avenues for power trade to other country for Nepal other than India. &nbsp;But experts in this sector suspect that India which has defined electricity as a strategic commodity than a commercial commodity in its Cross-Border Power Trade Directory, could fail to show normal behavior on exchange of power between two countries through its territory other than buying or selling itself.</p>

<p><strong>Emphasis on internal consumption</strong></p>

<p>&nbsp;For a long time in the past, exporting power generated in Nepal to India was deemed attractive.</p>

<p>&nbsp;On this issue, every energy minister kept on calling for foreign investment in the energy sector. But the new Energy Minister Sharma said first, fulfill the internal demand, and then emphasize on industrialization and other development for consumption, and if saved, then only export power. &nbsp;This has challenged the notion that if India does not buy electricity, developing hydro power projects in Nepal will eventually stop.</p>

<p style="text-align:justify">If it goes as the minister says, there is no possibility of electricity export from Nepal for a long time. On the other hand, China is also showing concern on extension of Trans-Himalayan transmission line via Kerung at Rasuwagadhi border point of Nepal.&nbsp; In this situation, Nepal has to adopt a far-sighted strategy regarding power development and trade.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5019',
			'image' => '20170124070125_power.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5217',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Collection up by 42%',
			'sub_title' => '',
			'summary' => 'January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices. ',
			'content' => '<p style="text-align:justify">January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices.&nbsp;</p>

<p style="text-align:justify">The collected revenue is 42 per cent more than that of the corresponding period last FY, as per the statement issued by the department.</p>

<p style="text-align:justify">According to the Department, it has been successful in collecting 106 per cent of the given target of Rs 106.32 billion revenue by mid-January of the current FY. The figure of revenue collection does not include customs charge of imported merchandise. Including the customs charge, the revenue collected is above Rs 250 billion during the period, shows the statistics of the Office of the Comptroller General.&nbsp;</p>

<p style="text-align:justify">As per the statistics of the Department, income tax has major contribution of Rs 62 billion in the internal revenue followed by Value Added Tax (VAT) amounting to Rs 28 billion.</p>

<p style="text-align:justify">Similarly, excise duty of Rs 21.08 billion has been collected while the remaining amount has been collected through health and education charges.</p>

<p style="text-align:justify">The collected income tax is 109 per cent of the given target whereas VAT is collected 100 per cent. Similarly, 104 per cent excise duty has been collected and education service charges and health service charges have been collected 88 per cent and 89 per cent respectively.</p>

<p style="text-align:justify">Compared to the review period of the last FY, the income tax, VAT and excise duty have increased by 147 per cent, 125 per cent and 160 per cent respectively. Likewise, health service tax and education service tax have increased by 131 percent each, as per the statistics.</p>

<p style="text-align:justify">Chudamani Sharma, Director General of the Department congratulated the employees for collecting excess revenue than the targeted revenue. He also directed employees to obtain due tax from related kin in case of death of any taxpayer.</p>

<p style="text-align:justify">For those offices which could not meet the revenue collection target, he ordered to submit the basis and causes of low revenue collection. In the context of ineffective collection of house-rent tax, he said that the market inspection will be made intense by taking the rent paid by government offices as a base.</p>

<p style="text-align:justify">Moreover, the Department has prepared an action plan under which details of taxpayers will be included in taxpayers&#39; registration process and effective inspection will be carried out on the stickers of alcoholic beverages and tobacco products.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5018',
			'image' => '20170124050903_inland.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5216',
			'article_category_id' => '1',
			'title' => 'Gurkhas Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22nd annual general meeting.',
			'content' => '<p style="text-align:justify">January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22<sup>nd</sup> annual general meeting.</p>

<p style="text-align:justify">Raj Kumar Rai, CEO of the finance and Mekh Bahadur Thapa, General Manager of the capital signed an agreement amid a program on January 23. The finance is issuing 2,893,313 units of right shares to its existing shareholders.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5017',
			'image' => '20170124012855_gorkhas.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5215',
			'article_category_id' => '1',
			'title' => 'Manaslu's Branch in Manakamana',
			'sub_title' => '',
			'summary' => 'January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.',
			'content' => '<p style="text-align: justify;">January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.</p>

<p style="text-align: justify;">&quot;The bank will modify its services as per the time. It will invest in local productive sector by collecting capital scattered in the village,&quot; said Bijay Malla, BOD Chairman of the bank. The bank which is operating in three districts including Gorkha, Tanahun and Chitwan is merging with Om Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5016',
			'image' => '20170124012217_manaslu.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5214',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Starts Branch at Rajako Chautara',
			'sub_title' => '',
			'summary' => 'January 24: Vibor Society Development Bank has started a branch at Rajako Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.',
			'content' => '<p style="text-align:justify">January 24: Vibor Society Development Bank has started a branch at Rajako&nbsp;Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.</p>

<p style="text-align:justify">According to the bank, the branch will provide ABBS, mobile banking and other services along with collection of deposit and loan extension services. Presently, the bank is serving its customers through 44 branches, one extension counter and 12 ATMs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5015',
			'image' => '20170124011146_vibor.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5213',
			'article_category_id' => '1',
			'title' => 'MTV Roadies in Nepali Version',
			'sub_title' => '',
			'summary' => 'January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. “I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,” said Chang Agarwal, Executive Director of Himalaya Television.',
			'content' => '<p style="text-align: justify;">January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. &ldquo;I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,&rdquo; said Chang Agarwal, Executive Director of Himalaya Television.</p>

<p style="text-align: justify;">According to the Director of the series, Aman Pratap Adhikary, &ldquo;This is an exciting time when an international franchise of such magnitude is being dared on National television. This will help Nepali production values meet international standard.&rdquo;</p>

<p style="text-align: justify;">&quot;The three judges for the Himalaya Roadies are Deeya Maskey, Remon Das Shrestha and Aasis Rana aka Laure,&quot; reads the press statement issued by the company.</p>

<p style="text-align: justify;">&nbsp;Bajaj Avenger is the title sponsor of the Himalaya Roadies and styled by Set Wet in association with Ncell, an Axiata company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5014',
			'image' => '20170124010410_roadies.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5212',
			'article_category_id' => '1',
			'title' => 'Samsung Launches J2 Ace in Nepali Market',
			'sub_title' => '',
			'summary' => 'January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies.  The phone is priced at Rs 13,990 in domestic market. ',
			'content' => '<p style="text-align: justify;">January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies. &nbsp;The phone is priced at Rs 13,990 in domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5013',
			'image' => '20170124123342_samsung.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5211',
			'article_category_id' => '1',
			'title' => 'e-Sewa Offers 20% Discount on Online Ticketing of CAN-Infotech',
			'sub_title' => '',
			'summary' => 'January 24: e-Sewa is offering 20 per cent discount on 'Subisu CAN-Infotech'  online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. "The discount is offered on online ticketings in a bid to promote information and technology," said e-Sewa.',
			'content' => '<p style="text-align: justify;">January 24: e-Sewa is offering 20 per cent discount on &#39;Subisu CAN-Infotech&#39; &nbsp;online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. &quot;The discount is offered on online ticketings in a bid to promote information and technology,&quot; said e-Sewa.</p>

<p style="text-align: justify;">The ticket price of CAN-Infotech is Rs 100 for a general person and Rs 50 for a student. &quot;However, January 29 has been announced as &#39;Business Day&#39;, thus no student concession will be provided on the day,&quot; informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5012',
			'image' => '20170124113545_e-sewa.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5210',
			'article_category_id' => '1',
			'title' => 'Ford's Big Deal Campaign',
			'sub_title' => '',
			'summary' => 'January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.',
			'content' => '<p style="text-align: justify;">January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.</p>

<p style="text-align: justify;">&quot;All 2017 manufactured Ford vehicles comes with enhanced features and comfort. Additionally, Ford is offering heavy discount on 2016 make models where customers have an option to either choose fresh 2017 make or get high discount on 2016 make vehicles through its &ldquo;Big Deal&rdquo; campaign,&quot; reads the statement.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5011',
			'image' => '20170124111724_ford.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5209',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts Branch at Kohalpur',
			'sub_title' => '',
			'summary' => 'January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. "The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region," said Dr Damber Bahadur Bhandari, BOD member of the bank. ',
			'content' => '<p>January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. &quot;The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region,&quot; said Dr Damber Bahadur Bhandari, BOD member of the bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => 'Nepal Bank,',
			'description' => '',
			'sortorder' => '5010',
			'image' => '20170124110136_nepal bank.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5208',
			'article_category_id' => '1',
			'title' => 'Merger of RBB and NIDC Devt Bank in Final Phase',
			'sub_title' => '',
			'summary' => 'January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52th anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. "The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers' Council," he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area. ',
			'content' => '<p style="text-align: justify;">January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52<sup>th</sup> anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. &quot;The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers&#39; Council,&quot; he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5009',
			'image' => '20170123045528_rbb and nidc.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5205',
			'article_category_id' => '1',
			'title' => 'Publish Financial Report as per New Regulation: NEPSE  ',
			'sub_title' => '',
			'summary' => 'January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per 'Securities registration and issue Regulations 2073'.  On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.',
			'content' => '<p style="text-align: justify;">January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per &#39;Securities registration and issue Regulations 2073&#39;.&nbsp; On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.</p>

<p style="text-align: justify;">NEPSE highlighted that the reports being published by the listed companies are as per the Securities Registration and Issue Regulation 2065 and not per the new regulation.</p>

<p style="text-align: justify;">Although few companies published the details according to the new regulation, the heading of the notice reads the content of old regulation. Others failed to adapt the new regulation. As per the new regulation, companies need to mention the main cause behind any changes in reserve, income and liquidity during the quarterly period while publishing the financial report. Similarly, based on the previous experience, companies should include analytical report on conditions and events that might affect the reserve, profit and cash flow of the company. Moreover, the financial report should also contain administrative analysis on future business plan of the company.</p>

<p style="text-align: justify;">The financial report of the company should also comprise opinions of company&#39;s administration on share trading and problems and challenges borne by the company. The new regulation also reads that the financial report should publish the strategies to manage the problems and challenges. Moreover, Chairman or CEO of the company should authenticate the details published in the financial report as per the new regulation.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5008',
			'image' => '20170123032159_NEPSE.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5204',
			'article_category_id' => '1',
			'title' => 'Rs 40 bn Spent on Petroleum Products and Vehicles thru Birgunj Customs Point',
			'sub_title' => '',
			'summary' => 'January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.',
			'content' => '<p style="text-align: justify;">January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.</p>

<p style="text-align: justify;">During the period of mid-July to mid-January, Nepal imported petroleum products amounted to Rs 23.73 billion through the customs point. According to the office, 70 per cent of the total import of petroleum products is carried out through the customs point.</p>

<p style="text-align: justify;">Diesel was the prime imported product during the period. The country spent Rs 13.73 billion on 285,109 kiloliters of diesel through the custom point. Similarly, 106,602 kiloliters of petrol worth of Rs 5.02 billion and 83,948,000 kilograms of LP gas worth of Rs 4.76 billion were also imported from the customs point.</p>

<p style="text-align: justify;">&quot;As the price of petroleum products were slashed this year, the figure is apparently low compare to the quantity,&quot; said Sewantak Pokharel, Chief of the custom office.</p>

<p style="text-align: justify;">Similarly, vehicles worth of Rs nearly 16 billion has been imported from the customs point as per the statistics.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123012454_birgunj.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5206',
			'article_category_id' => '1',
			'title' => 'Industrialist Baidhya Honoured',
			'sub_title' => '',
			'summary' => 'January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.',
			'content' => '<p style="text-align:justify">January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.</p>

<p style="text-align:justify">The academy honoured Baidhya for his contribution on promotion and development of local businesses and industries and for the exposure of possible economic development of Bara-Parsa region. He was also appreciated for his initiation to various bodies as a goodwill ambassador of Birgunj Sub-Metropolitan. &nbsp;The honour ceremony that was organised in the capital under the supervision of Indian Embassy honoured 32 individuals who made important contribution in various sectors.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123035615_baidhya.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
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

file not found!

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5219',
			'article_category_id' => '1',
			'title' => 'Mobile Expo at Lalitpur Mobile Complex',
			'sub_title' => '',
			'summary' => 'January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising 'Zopo Mobile Presents Lalitpur Mobile Expo 2017' in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.',
			'content' => '<p style="text-align: justify;">January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising &#39;Zopo Mobile Presents Lalitpur Mobile Expo 2017&#39; in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.</p>

<p style="text-align: justify;">The expo will showcase mobile phones of various brands in the price range of Rs 1000-Rs 140,000. According to the organiser, mobile phones including Zopo Colour F5, Huawei GR5 2017, Samsung Galaxy C9 Pro, Gionee S6s, Lava A3, Oppo F1s will be available in the expo. Similarly, the expo will also showcase Apple&#39;s iPhone 7 and 7 plus. &nbsp;</p>

<p style="text-align: justify;">The customers will be provided discount of 5-70 per cent in every purchase. Moreover, the expo is offering free mobile with every purchase of Microsoft smartphone. Likewise, the customers are also entitled to various prizes including power bank, selfie stick and Bluetooth speaker on the purchase of mobile phones of other brands.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5020',
			'image' => '20170125112615_mobile expo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5218',
			'article_category_id' => '1',
			'title' => 'Nepal’s Electricity to have Access to Bangladesh Market',
			'sub_title' => '',
			'summary' => 'January 24: Nepal will have access to Bangladeshi market for the export of electricity.  This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory',
			'content' => '<p>January 24:&nbsp; &nbsp;Nepal will have access to Bangladeshi market for the export of electricity.</p>

<p>This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory.</p>

<p>There has been so far only one agreement for exporting power to only one country when the Power Trade Agreement (PTA) was signed between Nepal and India (that too under suspicion regarding its implementation).</p>

<p>No process of power trade from Nepal has been forwarded with another neighbor China. &nbsp;In such a situation, the access to Bangladesh for power trade has increased the possibility of power sector development in Nepal.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Khadga Bahadur Bista, former President of Independent Power Producers&rsquo; Association, Nepal (IPPAN) considers the Bangladeshi plan as a major strategic decision. &nbsp;He says for the time being, Bangladesh will have to pay less for per unit of power while purchasing from India than Nepal, but it seems that it has forwarded the present purchase policy of importing from Nepal in view of climate change, future dearth of non-renewable energy and&nbsp;&nbsp; emphasis on renewable energy.</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bangladesh, while emphasizing on its own production, has been successful in generating 10,000 mw in seven years.&nbsp; And, this trend is getting continuation. &nbsp;Besides this, Bangladesh has forwarded power purchase strategy to buy electricity to fulfill its high demand for power from India, Bhutan and Nepal as well.&nbsp;</p>

<p>Therefore, if possible, it wants to import power directly from Nepal and if not, invest in the hydro power projects in the concerned country and then import it. Bangladesh had been making efforts for long to import power from Nepal. The process was forwarded after talks were held in minister level when Energy Minister Janardan Sharma had visited Bangladesh recently to participate in a programme.</p>

<p>Now, when the two countries sign understanding on this, it will open up avenues for power trade to other country for Nepal other than India. &nbsp;But experts in this sector suspect that India which has defined electricity as a strategic commodity than a commercial commodity in its Cross-Border Power Trade Directory, could fail to show normal behavior on exchange of power between two countries through its territory other than buying or selling itself.</p>

<p><strong>Emphasis on internal consumption</strong></p>

<p>&nbsp;For a long time in the past, exporting power generated in Nepal to India was deemed attractive.</p>

<p>&nbsp;On this issue, every energy minister kept on calling for foreign investment in the energy sector. But the new Energy Minister Sharma said first, fulfill the internal demand, and then emphasize on industrialization and other development for consumption, and if saved, then only export power. &nbsp;This has challenged the notion that if India does not buy electricity, developing hydro power projects in Nepal will eventually stop.</p>

<p style="text-align:justify">If it goes as the minister says, there is no possibility of electricity export from Nepal for a long time. On the other hand, China is also showing concern on extension of Trans-Himalayan transmission line via Kerung at Rasuwagadhi border point of Nepal.&nbsp; In this situation, Nepal has to adopt a far-sighted strategy regarding power development and trade.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5019',
			'image' => '20170124070125_power.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5217',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Collection up by 42%',
			'sub_title' => '',
			'summary' => 'January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices. ',
			'content' => '<p style="text-align:justify">January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices.&nbsp;</p>

<p style="text-align:justify">The collected revenue is 42 per cent more than that of the corresponding period last FY, as per the statement issued by the department.</p>

<p style="text-align:justify">According to the Department, it has been successful in collecting 106 per cent of the given target of Rs 106.32 billion revenue by mid-January of the current FY. The figure of revenue collection does not include customs charge of imported merchandise. Including the customs charge, the revenue collected is above Rs 250 billion during the period, shows the statistics of the Office of the Comptroller General.&nbsp;</p>

<p style="text-align:justify">As per the statistics of the Department, income tax has major contribution of Rs 62 billion in the internal revenue followed by Value Added Tax (VAT) amounting to Rs 28 billion.</p>

<p style="text-align:justify">Similarly, excise duty of Rs 21.08 billion has been collected while the remaining amount has been collected through health and education charges.</p>

<p style="text-align:justify">The collected income tax is 109 per cent of the given target whereas VAT is collected 100 per cent. Similarly, 104 per cent excise duty has been collected and education service charges and health service charges have been collected 88 per cent and 89 per cent respectively.</p>

<p style="text-align:justify">Compared to the review period of the last FY, the income tax, VAT and excise duty have increased by 147 per cent, 125 per cent and 160 per cent respectively. Likewise, health service tax and education service tax have increased by 131 percent each, as per the statistics.</p>

<p style="text-align:justify">Chudamani Sharma, Director General of the Department congratulated the employees for collecting excess revenue than the targeted revenue. He also directed employees to obtain due tax from related kin in case of death of any taxpayer.</p>

<p style="text-align:justify">For those offices which could not meet the revenue collection target, he ordered to submit the basis and causes of low revenue collection. In the context of ineffective collection of house-rent tax, he said that the market inspection will be made intense by taking the rent paid by government offices as a base.</p>

<p style="text-align:justify">Moreover, the Department has prepared an action plan under which details of taxpayers will be included in taxpayers&#39; registration process and effective inspection will be carried out on the stickers of alcoholic beverages and tobacco products.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5018',
			'image' => '20170124050903_inland.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5216',
			'article_category_id' => '1',
			'title' => 'Gurkhas Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22nd annual general meeting.',
			'content' => '<p style="text-align:justify">January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22<sup>nd</sup> annual general meeting.</p>

<p style="text-align:justify">Raj Kumar Rai, CEO of the finance and Mekh Bahadur Thapa, General Manager of the capital signed an agreement amid a program on January 23. The finance is issuing 2,893,313 units of right shares to its existing shareholders.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5017',
			'image' => '20170124012855_gorkhas.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5215',
			'article_category_id' => '1',
			'title' => 'Manaslu's Branch in Manakamana',
			'sub_title' => '',
			'summary' => 'January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.',
			'content' => '<p style="text-align: justify;">January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.</p>

<p style="text-align: justify;">&quot;The bank will modify its services as per the time. It will invest in local productive sector by collecting capital scattered in the village,&quot; said Bijay Malla, BOD Chairman of the bank. The bank which is operating in three districts including Gorkha, Tanahun and Chitwan is merging with Om Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5016',
			'image' => '20170124012217_manaslu.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5214',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Starts Branch at Rajako Chautara',
			'sub_title' => '',
			'summary' => 'January 24: Vibor Society Development Bank has started a branch at Rajako Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.',
			'content' => '<p style="text-align:justify">January 24: Vibor Society Development Bank has started a branch at Rajako&nbsp;Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.</p>

<p style="text-align:justify">According to the bank, the branch will provide ABBS, mobile banking and other services along with collection of deposit and loan extension services. Presently, the bank is serving its customers through 44 branches, one extension counter and 12 ATMs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5015',
			'image' => '20170124011146_vibor.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5213',
			'article_category_id' => '1',
			'title' => 'MTV Roadies in Nepali Version',
			'sub_title' => '',
			'summary' => 'January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. “I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,” said Chang Agarwal, Executive Director of Himalaya Television.',
			'content' => '<p style="text-align: justify;">January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. &ldquo;I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,&rdquo; said Chang Agarwal, Executive Director of Himalaya Television.</p>

<p style="text-align: justify;">According to the Director of the series, Aman Pratap Adhikary, &ldquo;This is an exciting time when an international franchise of such magnitude is being dared on National television. This will help Nepali production values meet international standard.&rdquo;</p>

<p style="text-align: justify;">&quot;The three judges for the Himalaya Roadies are Deeya Maskey, Remon Das Shrestha and Aasis Rana aka Laure,&quot; reads the press statement issued by the company.</p>

<p style="text-align: justify;">&nbsp;Bajaj Avenger is the title sponsor of the Himalaya Roadies and styled by Set Wet in association with Ncell, an Axiata company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5014',
			'image' => '20170124010410_roadies.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5212',
			'article_category_id' => '1',
			'title' => 'Samsung Launches J2 Ace in Nepali Market',
			'sub_title' => '',
			'summary' => 'January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies.  The phone is priced at Rs 13,990 in domestic market. ',
			'content' => '<p style="text-align: justify;">January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies. &nbsp;The phone is priced at Rs 13,990 in domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5013',
			'image' => '20170124123342_samsung.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5211',
			'article_category_id' => '1',
			'title' => 'e-Sewa Offers 20% Discount on Online Ticketing of CAN-Infotech',
			'sub_title' => '',
			'summary' => 'January 24: e-Sewa is offering 20 per cent discount on 'Subisu CAN-Infotech'  online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. "The discount is offered on online ticketings in a bid to promote information and technology," said e-Sewa.',
			'content' => '<p style="text-align: justify;">January 24: e-Sewa is offering 20 per cent discount on &#39;Subisu CAN-Infotech&#39; &nbsp;online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. &quot;The discount is offered on online ticketings in a bid to promote information and technology,&quot; said e-Sewa.</p>

<p style="text-align: justify;">The ticket price of CAN-Infotech is Rs 100 for a general person and Rs 50 for a student. &quot;However, January 29 has been announced as &#39;Business Day&#39;, thus no student concession will be provided on the day,&quot; informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5012',
			'image' => '20170124113545_e-sewa.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5210',
			'article_category_id' => '1',
			'title' => 'Ford's Big Deal Campaign',
			'sub_title' => '',
			'summary' => 'January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.',
			'content' => '<p style="text-align: justify;">January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.</p>

<p style="text-align: justify;">&quot;All 2017 manufactured Ford vehicles comes with enhanced features and comfort. Additionally, Ford is offering heavy discount on 2016 make models where customers have an option to either choose fresh 2017 make or get high discount on 2016 make vehicles through its &ldquo;Big Deal&rdquo; campaign,&quot; reads the statement.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5011',
			'image' => '20170124111724_ford.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5209',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts Branch at Kohalpur',
			'sub_title' => '',
			'summary' => 'January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. "The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region," said Dr Damber Bahadur Bhandari, BOD member of the bank. ',
			'content' => '<p>January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. &quot;The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region,&quot; said Dr Damber Bahadur Bhandari, BOD member of the bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => 'Nepal Bank,',
			'description' => '',
			'sortorder' => '5010',
			'image' => '20170124110136_nepal bank.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5208',
			'article_category_id' => '1',
			'title' => 'Merger of RBB and NIDC Devt Bank in Final Phase',
			'sub_title' => '',
			'summary' => 'January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52th anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. "The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers' Council," he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area. ',
			'content' => '<p style="text-align: justify;">January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52<sup>th</sup> anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. &quot;The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers&#39; Council,&quot; he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5009',
			'image' => '20170123045528_rbb and nidc.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5205',
			'article_category_id' => '1',
			'title' => 'Publish Financial Report as per New Regulation: NEPSE  ',
			'sub_title' => '',
			'summary' => 'January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per 'Securities registration and issue Regulations 2073'.  On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.',
			'content' => '<p style="text-align: justify;">January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per &#39;Securities registration and issue Regulations 2073&#39;.&nbsp; On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.</p>

<p style="text-align: justify;">NEPSE highlighted that the reports being published by the listed companies are as per the Securities Registration and Issue Regulation 2065 and not per the new regulation.</p>

<p style="text-align: justify;">Although few companies published the details according to the new regulation, the heading of the notice reads the content of old regulation. Others failed to adapt the new regulation. As per the new regulation, companies need to mention the main cause behind any changes in reserve, income and liquidity during the quarterly period while publishing the financial report. Similarly, based on the previous experience, companies should include analytical report on conditions and events that might affect the reserve, profit and cash flow of the company. Moreover, the financial report should also contain administrative analysis on future business plan of the company.</p>

<p style="text-align: justify;">The financial report of the company should also comprise opinions of company&#39;s administration on share trading and problems and challenges borne by the company. The new regulation also reads that the financial report should publish the strategies to manage the problems and challenges. Moreover, Chairman or CEO of the company should authenticate the details published in the financial report as per the new regulation.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5008',
			'image' => '20170123032159_NEPSE.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5204',
			'article_category_id' => '1',
			'title' => 'Rs 40 bn Spent on Petroleum Products and Vehicles thru Birgunj Customs Point',
			'sub_title' => '',
			'summary' => 'January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.',
			'content' => '<p style="text-align: justify;">January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.</p>

<p style="text-align: justify;">During the period of mid-July to mid-January, Nepal imported petroleum products amounted to Rs 23.73 billion through the customs point. According to the office, 70 per cent of the total import of petroleum products is carried out through the customs point.</p>

<p style="text-align: justify;">Diesel was the prime imported product during the period. The country spent Rs 13.73 billion on 285,109 kiloliters of diesel through the custom point. Similarly, 106,602 kiloliters of petrol worth of Rs 5.02 billion and 83,948,000 kilograms of LP gas worth of Rs 4.76 billion were also imported from the customs point.</p>

<p style="text-align: justify;">&quot;As the price of petroleum products were slashed this year, the figure is apparently low compare to the quantity,&quot; said Sewantak Pokharel, Chief of the custom office.</p>

<p style="text-align: justify;">Similarly, vehicles worth of Rs nearly 16 billion has been imported from the customs point as per the statistics.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123012454_birgunj.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5206',
			'article_category_id' => '1',
			'title' => 'Industrialist Baidhya Honoured',
			'sub_title' => '',
			'summary' => 'January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.',
			'content' => '<p style="text-align:justify">January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.</p>

<p style="text-align:justify">The academy honoured Baidhya for his contribution on promotion and development of local businesses and industries and for the exposure of possible economic development of Bara-Parsa region. He was also appreciated for his initiation to various bodies as a goodwill ambassador of Birgunj Sub-Metropolitan. &nbsp;The honour ceremony that was organised in the capital under the supervision of Indian Embassy honoured 32 individuals who made important contribution in various sectors.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123035615_baidhya.jpg',
			'article_date' => '2017-01-23 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(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5219',
			'article_category_id' => '1',
			'title' => 'Mobile Expo at Lalitpur Mobile Complex',
			'sub_title' => '',
			'summary' => 'January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising 'Zopo Mobile Presents Lalitpur Mobile Expo 2017' in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.',
			'content' => '<p style="text-align: justify;">January 25: Lalitpur Mobile complex is organising a mobile complex from January 27. The complex is organising &#39;Zopo Mobile Presents Lalitpur Mobile Expo 2017&#39; in a bid to provide superior mobiles to the customers till February 4, said the press statement issued by the complex.</p>

<p style="text-align: justify;">The expo will showcase mobile phones of various brands in the price range of Rs 1000-Rs 140,000. According to the organiser, mobile phones including Zopo Colour F5, Huawei GR5 2017, Samsung Galaxy C9 Pro, Gionee S6s, Lava A3, Oppo F1s will be available in the expo. Similarly, the expo will also showcase Apple&#39;s iPhone 7 and 7 plus. &nbsp;</p>

<p style="text-align: justify;">The customers will be provided discount of 5-70 per cent in every purchase. Moreover, the expo is offering free mobile with every purchase of Microsoft smartphone. Likewise, the customers are also entitled to various prizes including power bank, selfie stick and Bluetooth speaker on the purchase of mobile phones of other brands.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-25',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5020',
			'image' => '20170125112615_mobile expo.jpg',
			'article_date' => '2017-01-25 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5218',
			'article_category_id' => '1',
			'title' => 'Nepal’s Electricity to have Access to Bangladesh Market',
			'sub_title' => '',
			'summary' => 'January 24: Nepal will have access to Bangladeshi market for the export of electricity.  This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory',
			'content' => '<p>January 24:&nbsp; &nbsp;Nepal will have access to Bangladeshi market for the export of electricity.</p>

<p>This new avenue is opened up for power trade with a third country with the signing of the agreement by Bangladesh with India for importing electricity from Nepal via Indian territory.</p>

<p>There has been so far only one agreement for exporting power to only one country when the Power Trade Agreement (PTA) was signed between Nepal and India (that too under suspicion regarding its implementation).</p>

<p>No process of power trade from Nepal has been forwarded with another neighbor China. &nbsp;In such a situation, the access to Bangladesh for power trade has increased the possibility of power sector development in Nepal.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Khadga Bahadur Bista, former President of Independent Power Producers&rsquo; Association, Nepal (IPPAN) considers the Bangladeshi plan as a major strategic decision. &nbsp;He says for the time being, Bangladesh will have to pay less for per unit of power while purchasing from India than Nepal, but it seems that it has forwarded the present purchase policy of importing from Nepal in view of climate change, future dearth of non-renewable energy and&nbsp;&nbsp; emphasis on renewable energy.</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bangladesh, while emphasizing on its own production, has been successful in generating 10,000 mw in seven years.&nbsp; And, this trend is getting continuation. &nbsp;Besides this, Bangladesh has forwarded power purchase strategy to buy electricity to fulfill its high demand for power from India, Bhutan and Nepal as well.&nbsp;</p>

<p>Therefore, if possible, it wants to import power directly from Nepal and if not, invest in the hydro power projects in the concerned country and then import it. Bangladesh had been making efforts for long to import power from Nepal. The process was forwarded after talks were held in minister level when Energy Minister Janardan Sharma had visited Bangladesh recently to participate in a programme.</p>

<p>Now, when the two countries sign understanding on this, it will open up avenues for power trade to other country for Nepal other than India. &nbsp;But experts in this sector suspect that India which has defined electricity as a strategic commodity than a commercial commodity in its Cross-Border Power Trade Directory, could fail to show normal behavior on exchange of power between two countries through its territory other than buying or selling itself.</p>

<p><strong>Emphasis on internal consumption</strong></p>

<p>&nbsp;For a long time in the past, exporting power generated in Nepal to India was deemed attractive.</p>

<p>&nbsp;On this issue, every energy minister kept on calling for foreign investment in the energy sector. But the new Energy Minister Sharma said first, fulfill the internal demand, and then emphasize on industrialization and other development for consumption, and if saved, then only export power. &nbsp;This has challenged the notion that if India does not buy electricity, developing hydro power projects in Nepal will eventually stop.</p>

<p style="text-align:justify">If it goes as the minister says, there is no possibility of electricity export from Nepal for a long time. On the other hand, China is also showing concern on extension of Trans-Himalayan transmission line via Kerung at Rasuwagadhi border point of Nepal.&nbsp; In this situation, Nepal has to adopt a far-sighted strategy regarding power development and trade.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5019',
			'image' => '20170124070125_power.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5217',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Collection up by 42%',
			'sub_title' => '',
			'summary' => 'January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices. ',
			'content' => '<p style="text-align:justify">January 24: During the first six months of the current fiscal year beginning in July, a total of Rs 112 billion as revenue has been collected by the Department of Inland Revenue and underlying revenue offices.&nbsp;</p>

<p style="text-align:justify">The collected revenue is 42 per cent more than that of the corresponding period last FY, as per the statement issued by the department.</p>

<p style="text-align:justify">According to the Department, it has been successful in collecting 106 per cent of the given target of Rs 106.32 billion revenue by mid-January of the current FY. The figure of revenue collection does not include customs charge of imported merchandise. Including the customs charge, the revenue collected is above Rs 250 billion during the period, shows the statistics of the Office of the Comptroller General.&nbsp;</p>

<p style="text-align:justify">As per the statistics of the Department, income tax has major contribution of Rs 62 billion in the internal revenue followed by Value Added Tax (VAT) amounting to Rs 28 billion.</p>

<p style="text-align:justify">Similarly, excise duty of Rs 21.08 billion has been collected while the remaining amount has been collected through health and education charges.</p>

<p style="text-align:justify">The collected income tax is 109 per cent of the given target whereas VAT is collected 100 per cent. Similarly, 104 per cent excise duty has been collected and education service charges and health service charges have been collected 88 per cent and 89 per cent respectively.</p>

<p style="text-align:justify">Compared to the review period of the last FY, the income tax, VAT and excise duty have increased by 147 per cent, 125 per cent and 160 per cent respectively. Likewise, health service tax and education service tax have increased by 131 percent each, as per the statistics.</p>

<p style="text-align:justify">Chudamani Sharma, Director General of the Department congratulated the employees for collecting excess revenue than the targeted revenue. He also directed employees to obtain due tax from related kin in case of death of any taxpayer.</p>

<p style="text-align:justify">For those offices which could not meet the revenue collection target, he ordered to submit the basis and causes of low revenue collection. In the context of ineffective collection of house-rent tax, he said that the market inspection will be made intense by taking the rent paid by government offices as a base.</p>

<p style="text-align:justify">Moreover, the Department has prepared an action plan under which details of taxpayers will be included in taxpayers&#39; registration process and effective inspection will be carried out on the stickers of alcoholic beverages and tobacco products.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5018',
			'image' => '20170124050903_inland.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5216',
			'article_category_id' => '1',
			'title' => 'Gurkhas Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22nd annual general meeting.',
			'content' => '<p style="text-align:justify">January 24: Gurkhas Finance has appointed NIBL Capital Markets as its Issue Manager. According to the company, it appointed the issue manager to manage the right share issue approved by its 22<sup>nd</sup> annual general meeting.</p>

<p style="text-align:justify">Raj Kumar Rai, CEO of the finance and Mekh Bahadur Thapa, General Manager of the capital signed an agreement amid a program on January 23. The finance is issuing 2,893,313 units of right shares to its existing shareholders.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5017',
			'image' => '20170124012855_gorkhas.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5215',
			'article_category_id' => '1',
			'title' => 'Manaslu's Branch in Manakamana',
			'sub_title' => '',
			'summary' => 'January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.',
			'content' => '<p style="text-align: justify;">January 24: Manaslu Bikash Bank has started operation of a new branch at Manakamana Bazaar, Gorkha. Ishwor Malla, a local social worker inaugurated the new branch amid a program on January 23.</p>

<p style="text-align: justify;">&quot;The bank will modify its services as per the time. It will invest in local productive sector by collecting capital scattered in the village,&quot; said Bijay Malla, BOD Chairman of the bank. The bank which is operating in three districts including Gorkha, Tanahun and Chitwan is merging with Om Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5016',
			'image' => '20170124012217_manaslu.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5214',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Starts Branch at Rajako Chautara',
			'sub_title' => '',
			'summary' => 'January 24: Vibor Society Development Bank has started a branch at Rajako Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.',
			'content' => '<p style="text-align:justify">January 24: Vibor Society Development Bank has started a branch at Rajako&nbsp;Chautara, Kaski. Issuing a press statement, the bank informed of starting the branch in order to serve the rural people with easy and accessible banking facility.</p>

<p style="text-align:justify">According to the bank, the branch will provide ABBS, mobile banking and other services along with collection of deposit and loan extension services. Presently, the bank is serving its customers through 44 branches, one extension counter and 12 ATMs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5015',
			'image' => '20170124011146_vibor.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5213',
			'article_category_id' => '1',
			'title' => 'MTV Roadies in Nepali Version',
			'sub_title' => '',
			'summary' => 'January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. “I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,” said Chang Agarwal, Executive Director of Himalaya Television.',
			'content' => '<p style="text-align: justify;">January 24: Nepal is getting its own version of MTV Roadies. Under the license from Viacom 18, Himalaya Television is producing a Nepali version of MTV Roadies. &ldquo;I expect the series will bring about renewed interest in homegrown channels, and it can only happen when we cater to the evolved taste of audience,&rdquo; said Chang Agarwal, Executive Director of Himalaya Television.</p>

<p style="text-align: justify;">According to the Director of the series, Aman Pratap Adhikary, &ldquo;This is an exciting time when an international franchise of such magnitude is being dared on National television. This will help Nepali production values meet international standard.&rdquo;</p>

<p style="text-align: justify;">&quot;The three judges for the Himalaya Roadies are Deeya Maskey, Remon Das Shrestha and Aasis Rana aka Laure,&quot; reads the press statement issued by the company.</p>

<p style="text-align: justify;">&nbsp;Bajaj Avenger is the title sponsor of the Himalaya Roadies and styled by Set Wet in association with Ncell, an Axiata company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5014',
			'image' => '20170124010410_roadies.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5212',
			'article_category_id' => '1',
			'title' => 'Samsung Launches J2 Ace in Nepali Market',
			'sub_title' => '',
			'summary' => 'January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies.  The phone is priced at Rs 13,990 in domestic market. ',
			'content' => '<p style="text-align: justify;">January 24: Samsung Nepal has launched Galaxy J2 Ace in its J series portfolio on January 23. The phone comes with a 5.00-inch touch screen display, Android 6.0 Marshmallow operating system and 8GB of internal storage. Similarly, the phone is powered by 2600 mAH battery, 8 megapixel primary camera and 5 megapixel front shooter for selfies. &nbsp;The phone is priced at Rs 13,990 in domestic market.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5013',
			'image' => '20170124123342_samsung.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5211',
			'article_category_id' => '1',
			'title' => 'e-Sewa Offers 20% Discount on Online Ticketing of CAN-Infotech',
			'sub_title' => '',
			'summary' => 'January 24: e-Sewa is offering 20 per cent discount on 'Subisu CAN-Infotech'  online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. "The discount is offered on online ticketings in a bid to promote information and technology," said e-Sewa.',
			'content' => '<p style="text-align: justify;">January 24: e-Sewa is offering 20 per cent discount on &#39;Subisu CAN-Infotech&#39; &nbsp;online tickets to be organised in Bhrikutimandap, Kathmandu from January 26 to February 1. &quot;The discount is offered on online ticketings in a bid to promote information and technology,&quot; said e-Sewa.</p>

<p style="text-align: justify;">The ticket price of CAN-Infotech is Rs 100 for a general person and Rs 50 for a student. &quot;However, January 29 has been announced as &#39;Business Day&#39;, thus no student concession will be provided on the day,&quot; informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5012',
			'image' => '20170124113545_e-sewa.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5210',
			'article_category_id' => '1',
			'title' => 'Ford's Big Deal Campaign',
			'sub_title' => '',
			'summary' => 'January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.',
			'content' => '<p style="text-align: justify;">January 24: American Multinational Automotive and mobility company Ford has announced booking for 2017 make vehicles in Nepal. Issuing a press statement, the company announced of arrival of fresh 2017 model of vehicles in Nepal after having successfully liquidated most of 2016 models of vehicles from its stock.</p>

<p style="text-align: justify;">&quot;All 2017 manufactured Ford vehicles comes with enhanced features and comfort. Additionally, Ford is offering heavy discount on 2016 make models where customers have an option to either choose fresh 2017 make or get high discount on 2016 make vehicles through its &ldquo;Big Deal&rdquo; campaign,&quot; reads the statement.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5011',
			'image' => '20170124111724_ford.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5209',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts Branch at Kohalpur',
			'sub_title' => '',
			'summary' => 'January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. "The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region," said Dr Damber Bahadur Bhandari, BOD member of the bank. ',
			'content' => '<p>January 24: Nepal Bank has started its 129th branch at Kohalpur of Banke. Ravi Lal Pantha, CDO of Banke inaugurated the branch amid a program on January 23. &quot;The branch may easily serve the customer as Kohalpur is the headquarter of Mid-Western region,&quot; said Dr Damber Bahadur Bhandari, BOD member of the bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-24',
			'modified' => '2017-01-24',
			'keywords' => 'Nepal Bank,',
			'description' => '',
			'sortorder' => '5010',
			'image' => '20170124110136_nepal bank.jpg',
			'article_date' => '2017-01-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5208',
			'article_category_id' => '1',
			'title' => 'Merger of RBB and NIDC Devt Bank in Final Phase',
			'sub_title' => '',
			'summary' => 'January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52th anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. "The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers' Council," he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area. ',
			'content' => '<p style="text-align: justify;">January 23: The merger process of Rastriya Banijya Bank (RBB) and NIDC Development Bank has reached the final phase. Speaking at the 52<sup>th</sup> anniversary program of RBB, Finance Minister Krishna Bahadur Mahara informed that the merger proposal of RBB and NIDC has been approved by the Ministry of Finance. &quot;The merger proposal of RBB and NIDC has already been signed. Now the further decision will be taken by Ministers&#39; Council,&quot; he said. In the program, Mahara stressed BFIs to take a solid step in order to provide financial accessibility to rural area.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5009',
			'image' => '20170123045528_rbb and nidc.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5205',
			'article_category_id' => '1',
			'title' => 'Publish Financial Report as per New Regulation: NEPSE  ',
			'sub_title' => '',
			'summary' => 'January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per 'Securities registration and issue Regulations 2073'.  On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.',
			'content' => '<p style="text-align: justify;">January 23: Nepal Stock Exchange (NEPSE) has drawn attention of banks and financial institutions (BFIs) to publish their financial report as per &#39;Securities registration and issue Regulations 2073&#39;.&nbsp; On the backdrop of BFIs starting to publish their second quarter financial report of the current FY, NEPSE issuing a circular reminded BFIs to publish their report as per the new regulation.</p>

<p style="text-align: justify;">NEPSE highlighted that the reports being published by the listed companies are as per the Securities Registration and Issue Regulation 2065 and not per the new regulation.</p>

<p style="text-align: justify;">Although few companies published the details according to the new regulation, the heading of the notice reads the content of old regulation. Others failed to adapt the new regulation. As per the new regulation, companies need to mention the main cause behind any changes in reserve, income and liquidity during the quarterly period while publishing the financial report. Similarly, based on the previous experience, companies should include analytical report on conditions and events that might affect the reserve, profit and cash flow of the company. Moreover, the financial report should also contain administrative analysis on future business plan of the company.</p>

<p style="text-align: justify;">The financial report of the company should also comprise opinions of company&#39;s administration on share trading and problems and challenges borne by the company. The new regulation also reads that the financial report should publish the strategies to manage the problems and challenges. Moreover, Chairman or CEO of the company should authenticate the details published in the financial report as per the new regulation.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5008',
			'image' => '20170123032159_NEPSE.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5204',
			'article_category_id' => '1',
			'title' => 'Rs 40 bn Spent on Petroleum Products and Vehicles thru Birgunj Customs Point',
			'sub_title' => '',
			'summary' => 'January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.',
			'content' => '<p style="text-align: justify;">January 23: Petroleum products and vehicles worth Rs 39.67 billion have been imported from Birgunj customs point during the first six months of the current FY, as per the statistics of Birgunj Customs Office.</p>

<p style="text-align: justify;">During the period of mid-July to mid-January, Nepal imported petroleum products amounted to Rs 23.73 billion through the customs point. According to the office, 70 per cent of the total import of petroleum products is carried out through the customs point.</p>

<p style="text-align: justify;">Diesel was the prime imported product during the period. The country spent Rs 13.73 billion on 285,109 kiloliters of diesel through the custom point. Similarly, 106,602 kiloliters of petrol worth of Rs 5.02 billion and 83,948,000 kilograms of LP gas worth of Rs 4.76 billion were also imported from the customs point.</p>

<p style="text-align: justify;">&quot;As the price of petroleum products were slashed this year, the figure is apparently low compare to the quantity,&quot; said Sewantak Pokharel, Chief of the custom office.</p>

<p style="text-align: justify;">Similarly, vehicles worth of Rs nearly 16 billion has been imported from the customs point as per the statistics.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123012454_birgunj.jpg',
			'article_date' => '2017-01-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5206',
			'article_category_id' => '1',
			'title' => 'Industrialist Baidhya Honoured',
			'sub_title' => '',
			'summary' => 'January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.',
			'content' => '<p style="text-align:justify">January 23: Ashok Kumar Baidhya, Industrialist and Former President of Birgunj Chamber of Commerce and Industries has been honoured by Niti Research Academy Nepal.</p>

<p style="text-align:justify">The academy honoured Baidhya for his contribution on promotion and development of local businesses and industries and for the exposure of possible economic development of Bara-Parsa region. He was also appreciated for his initiation to various bodies as a goodwill ambassador of Birgunj Sub-Metropolitan. &nbsp;The honour ceremony that was organised in the capital under the supervision of Indian Embassy honoured 32 individuals who made important contribution in various sectors.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-23',
			'modified' => '2017-01-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5007',
			'image' => '20170123035615_baidhya.jpg',
			'article_date' => '2017-01-23 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
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

file not found!

Latest

173 People Die in Disaster Incidents since June 10

Crusher Federation Urges PM Oli for Industry Renewal

Prime Minister Calls for Enhancing 'Hello Sarkar' Service

Bardiya National Park Sees Increase in Tourist Arrivals

Experts, Manpower Agencies at Odds Over Draft of Labour Migration Policy

Lower Seti Hydropower Project Acquires o500 Ropanis of Land

Government Proposes Formation of New Authority to Regulate Cooperatives

Sugar Prices Surge ahead of Festive Season amid Govt’s Failure to Import Sugar

BFIN to Host Conference in Kathmandu on Wednesday

Price of Gold Reaches All-Time High in Nepal

FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00