Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '5174',
			'article_category_id' => '1',
			'title' => 'BFIs let-go NRB Security Bills; Liquidity Crisis in Question',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Rastra Bank issued Rs 40 billion worth of 'Direct Purchase Auction Bidding' in a bid to address BIFs' complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold.  ',
			'content' => '<p style="text-align:justify">January 18: Nepal Rastra Bank issued Rs 40 billion worth of &#39;Direct Purchase Auction Bidding&#39; in a bid to address BIFs&#39; complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold. &nbsp;</p>

<p style="text-align:justify">&quot;The less participation of BFIs in the auction bidding of Rs 40 billion issued by the NRB to curve the liquidity crisis has doubted the existence of liquidity crisis in the market,&quot; said Chitamani Siwakoti, Deputy Governor of NRB. According to him, BFIs procured only Rs 1.90 billion of Rs 20 billion repo issued by the NRB previously. During the issuance of repo, BFIs viewed that the short term repo might not address the liquidity crisis.</p>

<p style="text-align:justify">&quot;As repo is for only 2 weeks period, we issued NRB Security Bills with the maturity period till May 26 and July 13 that can be directly purchased through auction bidding. However, it drew minimal participation.&quot; Only six BFIs participated in the auction bidding. As per Siwakoti, if there was real crisis of liquidity, BFIs would have procured the required amount for investment.&nbsp;</p>
',
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			'created' => '2017-01-18',
			'modified' => '2017-01-18',
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			'sortorder' => '4977',
			'image' => '20170118125918_nrb.jpg',
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			'id' => '5173',
			'article_category_id' => '1',
			'title' => 'Pathak Appointed as Deputy CEO of NCC',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.',
			'content' => '<p style="text-align:justify">January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.</p>
',
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			'created' => '2017-01-18',
			'modified' => '2017-01-18',
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			'description' => '',
			'sortorder' => '4976',
			'image' => '20170118111527_ncc.jpg',
			'article_date' => '2017-01-18 00:00:00',
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			'id' => '5172',
			'article_category_id' => '1',
			'title' => 'ADBL to  Start Mobile Banking Services',
			'sub_title' => '',
			'summary' => 'January 18: Agricultural Development Bank is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.',
			'content' => '<p style="text-align:justify">January 18: Agricultural Development Bank (ADBL)&nbsp;is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.</p>

<p style="text-align:justify">With the agreement, the bank will start &#39;ADBL Smart Banking&#39; mobile banking services for its customers. &nbsp;The bank said that the F1 has prepared software as per the requirements of the bank. According to the bank, the customers can now fill up the forms, get notifications of transactions, transfer money, request for statement and chequebooks, defer debit card and cheque, get information on loan interest and principal through ADBL Smart Banking Services or through online. Moreover, the bank informed that the customers initiating the service in the current year will not be charged annual fee.&nbsp;</p>
',
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			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4975',
			'image' => '20170118110307_agriculture.jpg',
			'article_date' => '2017-01-18 00:00:00',
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		'Article' => array(
			'id' => '5171',
			'article_category_id' => '1',
			'title' => 'Call for Increasing Engagement with China For Economic Prosperity',
			'sub_title' => '',
			'summary' => 'January 17: Former prime minister KP Sharma Oli has said that the ‘One Belt, One Road’ initiative taken by China can be largely beneficial to the Nepali economy',
			'content' => '<p>January 17: Former prime minister KP Sharma Oli has said that the &lsquo;One Belt, One Road&rsquo; initiative taken by China can be largely beneficial to the Nepali economy. He said that Nepal&rsquo;s engagement in restoring and reviving the ancient Silk Road route will usher the country into a new era of trade and connectivity.</p>

<p>Former PM Oli who is also the chairman of the main opposition party CPN-UML, made such remarks at the inaugural session of the China-Nepal Think-Tank Top Conference 2017 in Kathmandu that commenced today. The two-day conference is organised jointly by the Kathmandu Bureau of Xinhua News Agency, the official news agency of China and Nepal Study Center at Hebei University of Economics &amp; Business, China. The programme was chaired by Huang Youyi, Secretary General ofInternational Advisory Board of The Chahar Institute and Political Member of Chinese People Political Consultative Conference and its Foreign Affairs Committee.&nbsp;&nbsp;&nbsp;</p>

<p>Inaugurating the event, Oli thanked China for its policy of non-interference in Nepal&rsquo;s internal matters. &ldquo;I have found China very much willing and eager in supporting the development endeavours in Nepal,&rdquo; he mentioned. He said that despite the current difficult political situation, Nepal is headed towards a new and positive direction.</p>

<p>It is the first conference of China-Nepal Think Tank, a group comprising of eminent personalities from Nepal and China. According to the organisers, the objective of the event is to find ways to further strengthen the bilateral relationship between the two nations.</p>

<p>Speaking at the programme, former deputy prime minister and foreign minister Kamal Thapa charted out three factors impacting the Sino-Nepal relationship. &ldquo;First is the significant socio-economic transformation in China and Nepal. Second is the emergence of China and India as the world&rsquo;s economic powerhouses, and thirdly, the One Belt, One Road connectivity concept,&rdquo; he mentioned.</p>

<p>Thapa stressed that Nepal should prioritise on expanding its connectivity infrastructure with China. He also urged for a Sino-Nepal transit treaty. &ldquo;We must have a transit treaty with China at the earliest possible. The border blockade of 2015 has clearly pointed out to the need of such pact,&rdquo; he said, adding that China should provide landlocked Nepal with the access to the sea.</p>

<p>Thapa criticised the current government citing the lack of progress on various agreements with China that were signed by the erstwhile government led KP Sharma Oli.</p>

<p>Similarly, former minister and Naya Shakti Party leader Hisila Yami pointed out that Nepal should replace political diplomacy by economic diplomacy. &ldquo;The development of Tibet and expansion of roadways and railways in the areas near to Nepal-China border has pronounced much more opportunities for Nepal. It can be a vibrant bridge between China and India,&rdquo; she said. &ldquo;Connecting Nepal, China and India trilaterally would create a huge market of more than 2.6 billion people,&rdquo; Yami added.&nbsp;</p>

<p>Speaking at the event, Cui Guitian, Professor at Shandong University stressed on increasing the frequency of exchange of political delegations between China and Nepal to further bolster the bilateral relationship. &ldquo;The future of Sino-Nepal relationship depends on the level of engagement of political parties of both the countries,&rdquo; he said.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
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			'created' => '2017-01-17',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4974',
			'image' => '20170118102355_china nepal.jpg',
			'article_date' => '2017-01-17 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '5170',
			'article_category_id' => '1',
			'title' => 'Nyadi Hydropower Contract to Chinese Company Zhejiang',
			'sub_title' => '',
			'summary' => 'January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.',
			'content' => '<p style="text-align: justify;">January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the contract was done as per EPC format. The Chinese company obtained the contract for civil, hydro mechanical and electro mechanical works. Rajeev Rajbhandari, Chairman of the company and Liu Koching, Chairman of the Zhejiang Hydropower signed the agreement paper on behalf of the respective organisation.</p>

<p style="text-align: justify;">According to the statement, the project will commence from coming February to complete within next 38 months. The company targets to operate the hydro project by 2020 April.</p>

<p style="text-align: justify;">Nyadi Hydropower is the joint venture of Butwal Power and Lamjung Electricity Development Company. It is also planning to issue shares to the local people of affected area and general investors in near future.</p>

<p style="text-align: justify;">&quot;The hydro project will have a consortium loan from Nabil, Global IME and Himalayan Bank headed by Everest Bank. Moreover, Hydropower Investment and Development Company will also be investing in the project,&quot; reads the statement.</p>

<p style="text-align: justify;">Similarly, the company informed that the tasks related with procurement of land for the project, construction of project access road, power purchase agreement, appointment of supervision consultant and financial management has already concluded.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4973',
			'image' => '20170117034903_nyadi.jpg',
			'article_date' => '2017-01-17 00:00:00',
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		'Article' => array(
			'id' => '5169',
			'article_category_id' => '1',
			'title' => 'Birgunj Customs Collects 55 Billion Revenue in 6 Months',
			'sub_title' => '',
			'summary' => 'January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.',
			'content' => '<p style="text-align: justify;">January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.</p>

<p style="text-align: justify;">&quot;The collected revenue is five per cent more than the target,&quot; said Sewantak Pokharel, Chief Customs Officer of Birgunj custom point. Department of Customs had given Rs 52.11 billion as revenue target to the customs office.</p>

<p style="text-align: justify;">During the review period of the last FY, the customs point collected Rs 14.74 billion in revenue. The collected revenue was just 44 per cent of the given target of that period. During the period, the customs collection was negatively affected by the Tarai unrest and border blockade. A total of Rs 33.59 billion revenue target was given to the office during the period, however, the disruption of import and export due to negative circumstances hindered the collection of revenue during the review period of last FY.</p>

<p style="text-align: justify;">As per the data of Birgunj Customs Office, it collected Rs 8.89 billion revenue in the month of Paush (mid-December to mid-January) against its target of Rs 8.66 billion for the month. Amongst the collected revenue, the office collected Rs 3.34 billion in customs duty, Rs 3.25 billion in VAT and Rs 1.96 billion in excise duty.</p>

<p style="text-align: justify;">According to Pokharel, vehicles and petroleum products have major contribution in the revenue collected from Birgunj Customs Office.&nbsp;&nbsp;</p>

<p style="text-align: justify;">In the first six months of the current FY, the customs point collected Rs 20.58 billion as customs duty, Rs 19.75 billion in VAT and Rs 11.54 billion in excise duty. The customs point is given a target of Rs 107 billion in revenue for the current FY ending in May. Pokharel claims that the annual target of the revenue will be easily achieved with the same pace of revenue collection.</p>

<p style="text-align: justify;">District wise, Parsa collects the largest amount of revenue due to the customs point in Birgunj. A businessman from Birgunj says although some industries shifted to other places, but as raw materials and consumer goods for Kathmandu come through this point, it has the largest contribution in revenue.&nbsp; &nbsp;Lalitpur district has second position in terms of revenue contribution, Rupandehi third and Kathmandu fourth.</p>

<p style="text-align: justify;">&nbsp;According to statistics of the Comptroller General&rsquo;s Office, the least contribution in revenue is from Dadeldhura, which stands at 0.1 percent. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4972',
			'image' => '20170117025957_birgunj.jpg',
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		'Article' => array(
			'id' => '5168',
			'article_category_id' => '1',
			'title' => 'Maruti Cement's Awareness Program on Earthquake Safety',
			'sub_title' => '',
			'summary' => 'January 17: Maruti Cement has organised a public awareness program on the occasion of 19th Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. "The participants who gave right answer during the road drama were provided t-shirts and caps," said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley. ',
			'content' => '<p style="text-align: justify;">January 17: Maruti Cement has organised a public awareness program on the occasion of 19<sup>th</sup> Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. &quot;The participants who gave right answer during the road drama were provided t-shirts and caps,&quot; said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4971',
			'image' => '20170117023100_maruti.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5167',
			'article_category_id' => '1',
			'title' => 'IME Flag in the Highest Peak of Antarctica',
			'sub_title' => '',
			'summary' => 'January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively.  ',
			'content' => '<p style="text-align: justify;">January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively. &nbsp;</p>

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

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4970',
			'image' => '20170117123053_ime.jpg',
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		'Article' => array(
			'id' => '5166',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts ATM Outlet in Rautahat',
			'sub_title' => '',
			'summary' => 'January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank's three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.',
			'content' => '<p style="text-align: justify;">January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank&#39;s three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.</p>

<p style="text-align: justify;">&quot;The ATM outlet is being operated considering the demand of service seekers,&quot; said Kishan Kumar Kishori, Manager of Chandrapur branch. He opined that the general people are being attracted to the bank due to various reasons including cheap interest rate and easy banking facility. He added &quot;The crowd of customers in the bank will decrease with the commencement of ATM service.&quot; He informed that the ATM is being installed at present.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4969',
			'image' => '20170117114914_nepal-bank.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5165',
			'article_category_id' => '1',
			'title' => 'TCL among World's Best Brand List',
			'sub_title' => '',
			'summary' => 'January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world's 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided 'Global Display Tech Animation' awar',
			'content' => '<p style="text-align: justify;">January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world&#39;s 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided &#39;Global Display Tech Animation&#39; award for its product TCL Quantum Dot TV. Moreover, it was also provided &#39;Manufacturing of TV with World Biggest Screen &#39;award.</p>

<p style="text-align: justify;">The company operating since 1981 has become one of the world finest electronics manufacturing company. The authorised distributor of TCL for Nepal is EOL under Chaudary Group.</p>
',
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			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4968',
			'image' => '20170117112408_tcl.JPG',
			'article_date' => '2017-01-17 00:00:00',
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		'Article' => array(
			'id' => '5163',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport',
			'sub_title' => '',
			'summary' => 'January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.',
			'content' => '<p style="text-align: justify;">January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.</p>

<p style="text-align: justify;">Al Baker also used the occasion to announce the airline&rsquo;s forthcoming launch of direct flights to Nice. The airline will operate five-weekly services from its home and hub Hamad International Airport, Doha commencing July 4. Furthermore, it was announced that the route will be served by the airline&rsquo;s state-of-the-art Boeing 787 Dreamliner.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4966',
			'image' => '20170117105446_qatar.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5162',
			'article_category_id' => '1',
			'title' => 'Parliament Ratifies Protocol Amending Marrakesh Agreement',
			'sub_title' => '',
			'summary' => 'January 16: The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation to be included in the schedule of the Agreement on Trade Facilitation  of the World Trade  Organisation',
			'content' => '<p><strong>January 16:</strong> The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation (WTO)&nbsp;to be included in the schedule of the Agreement on Trade Facilitation&nbsp; of the World Trade&nbsp; Organisation.</p>

<p>According to a press statement&nbsp;issued by the Ministry of&nbsp; Commerce, the agreement was endorsed&nbsp;by the ninth minister level conference of the WTO held in Bali, Indonesia on&nbsp;December 2013 after lengthy talks and discussions. &quot;Nepal had played a crucial role in finalising the&nbsp; agreement as a convenor of the&nbsp; least developed countries. &nbsp;The agreement to be implemented after aproval by two third members of the organisation is so far approved by the 106 members among the total 164 countries,&quot; &nbsp;reads the stattement. India, Bangladesh, Pakistan, Afghanistan and Sri Lanka have already ratified it from the south asia region.</p>

<p>&nbsp;The Trade Facilitation Agreement is aimed at&nbsp; minimizing the cost of international trade by streamlining the&nbsp; process of cross border&nbsp; transportation of goods, promoting good governance&nbsp; by developing legal and transparent customs system and guaranteeing&nbsp; the&nbsp; transit rights of landlocked countries.&nbsp; It is expected to make trade transparent, austere and effective and will help attract further foreign investment thereby making positive influence in the&nbsp;Nepali economy.</p>

<p>The provisions in the agreement have guaranteed financial and technical assistance to least developed countries like Nepal. There is also provision that countries will not be liable to implementing provisions in which financial and technical assistance is sought.</p>

<p>Some programs including policy and legal reform, customs modernization, trade infrastructure building, development and upgrading have been implemented in Nepal for trade facilitation. Nepal has already implemented some of the provisions.&nbsp;</p>

<p style="text-align:justify">&nbsp;It is expected that considerable contribution will be made in&nbsp; trade sector reform&nbsp; through trade facilitation at a time when Nepal had deteriorating&nbsp; competitive capacity due to&nbsp; our supply constraints and lack of increase of Nepal&rsquo;s export due to&nbsp; high trade costs.&nbsp;</p>
',
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			'created' => '2017-01-16',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4965',
			'image' => null,
			'article_date' => '2017-01-16 00:00:00',
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		'Article' => array(
			'id' => '5161',
			'article_category_id' => '1',
			'title' => 'Global IME in ASBA System',
			'sub_title' => '',
			'summary' => 'January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers. ',
			'content' => '<p style="text-align: justify;">January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4964',
			'image' => '20170116022346_global.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
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			'id' => '5160',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Appoints Nabil Investment as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation. ',
			'content' => '<p style="text-align: justify;">January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4963',
			'image' => '20170116021430_siddhartha.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '5159',
			'article_category_id' => '1',
			'title' => 'Laxmi Bank Starts Integrated Transaction',
			'sub_title' => '',
			'summary' => 'January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.  With the integrated transaction, Laxmi Bank's branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs. ',
			'content' => '<p style="text-align: justify;">January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.</p>

<p style="text-align: justify;">With the integrated transaction, Laxmi Bank&#39;s branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs.&nbsp;</p>
',
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			'sortorder' => '4962',
			'image' => '20170116020849_laxmi bank.jpg',
			'article_date' => '2017-01-16 00:00:00',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '5174',
			'article_category_id' => '1',
			'title' => 'BFIs let-go NRB Security Bills; Liquidity Crisis in Question',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Rastra Bank issued Rs 40 billion worth of 'Direct Purchase Auction Bidding' in a bid to address BIFs' complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold.  ',
			'content' => '<p style="text-align:justify">January 18: Nepal Rastra Bank issued Rs 40 billion worth of &#39;Direct Purchase Auction Bidding&#39; in a bid to address BIFs&#39; complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold. &nbsp;</p>

<p style="text-align:justify">&quot;The less participation of BFIs in the auction bidding of Rs 40 billion issued by the NRB to curve the liquidity crisis has doubted the existence of liquidity crisis in the market,&quot; said Chitamani Siwakoti, Deputy Governor of NRB. According to him, BFIs procured only Rs 1.90 billion of Rs 20 billion repo issued by the NRB previously. During the issuance of repo, BFIs viewed that the short term repo might not address the liquidity crisis.</p>

<p style="text-align:justify">&quot;As repo is for only 2 weeks period, we issued NRB Security Bills with the maturity period till May 26 and July 13 that can be directly purchased through auction bidding. However, it drew minimal participation.&quot; Only six BFIs participated in the auction bidding. As per Siwakoti, if there was real crisis of liquidity, BFIs would have procured the required amount for investment.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4977',
			'image' => '20170118125918_nrb.jpg',
			'article_date' => '2017-01-18 00:00:00',
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			'id' => '5173',
			'article_category_id' => '1',
			'title' => 'Pathak Appointed as Deputy CEO of NCC',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.',
			'content' => '<p style="text-align:justify">January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4976',
			'image' => '20170118111527_ncc.jpg',
			'article_date' => '2017-01-18 00:00:00',
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		'Article' => array(
			'id' => '5172',
			'article_category_id' => '1',
			'title' => 'ADBL to  Start Mobile Banking Services',
			'sub_title' => '',
			'summary' => 'January 18: Agricultural Development Bank is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.',
			'content' => '<p style="text-align:justify">January 18: Agricultural Development Bank (ADBL)&nbsp;is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.</p>

<p style="text-align:justify">With the agreement, the bank will start &#39;ADBL Smart Banking&#39; mobile banking services for its customers. &nbsp;The bank said that the F1 has prepared software as per the requirements of the bank. According to the bank, the customers can now fill up the forms, get notifications of transactions, transfer money, request for statement and chequebooks, defer debit card and cheque, get information on loan interest and principal through ADBL Smart Banking Services or through online. Moreover, the bank informed that the customers initiating the service in the current year will not be charged annual fee.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4975',
			'image' => '20170118110307_agriculture.jpg',
			'article_date' => '2017-01-18 00:00:00',
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	(int) 3 => array(
		'Article' => array(
			'id' => '5171',
			'article_category_id' => '1',
			'title' => 'Call for Increasing Engagement with China For Economic Prosperity',
			'sub_title' => '',
			'summary' => 'January 17: Former prime minister KP Sharma Oli has said that the ‘One Belt, One Road’ initiative taken by China can be largely beneficial to the Nepali economy',
			'content' => '<p>January 17: Former prime minister KP Sharma Oli has said that the &lsquo;One Belt, One Road&rsquo; initiative taken by China can be largely beneficial to the Nepali economy. He said that Nepal&rsquo;s engagement in restoring and reviving the ancient Silk Road route will usher the country into a new era of trade and connectivity.</p>

<p>Former PM Oli who is also the chairman of the main opposition party CPN-UML, made such remarks at the inaugural session of the China-Nepal Think-Tank Top Conference 2017 in Kathmandu that commenced today. The two-day conference is organised jointly by the Kathmandu Bureau of Xinhua News Agency, the official news agency of China and Nepal Study Center at Hebei University of Economics &amp; Business, China. The programme was chaired by Huang Youyi, Secretary General ofInternational Advisory Board of The Chahar Institute and Political Member of Chinese People Political Consultative Conference and its Foreign Affairs Committee.&nbsp;&nbsp;&nbsp;</p>

<p>Inaugurating the event, Oli thanked China for its policy of non-interference in Nepal&rsquo;s internal matters. &ldquo;I have found China very much willing and eager in supporting the development endeavours in Nepal,&rdquo; he mentioned. He said that despite the current difficult political situation, Nepal is headed towards a new and positive direction.</p>

<p>It is the first conference of China-Nepal Think Tank, a group comprising of eminent personalities from Nepal and China. According to the organisers, the objective of the event is to find ways to further strengthen the bilateral relationship between the two nations.</p>

<p>Speaking at the programme, former deputy prime minister and foreign minister Kamal Thapa charted out three factors impacting the Sino-Nepal relationship. &ldquo;First is the significant socio-economic transformation in China and Nepal. Second is the emergence of China and India as the world&rsquo;s economic powerhouses, and thirdly, the One Belt, One Road connectivity concept,&rdquo; he mentioned.</p>

<p>Thapa stressed that Nepal should prioritise on expanding its connectivity infrastructure with China. He also urged for a Sino-Nepal transit treaty. &ldquo;We must have a transit treaty with China at the earliest possible. The border blockade of 2015 has clearly pointed out to the need of such pact,&rdquo; he said, adding that China should provide landlocked Nepal with the access to the sea.</p>

<p>Thapa criticised the current government citing the lack of progress on various agreements with China that were signed by the erstwhile government led KP Sharma Oli.</p>

<p>Similarly, former minister and Naya Shakti Party leader Hisila Yami pointed out that Nepal should replace political diplomacy by economic diplomacy. &ldquo;The development of Tibet and expansion of roadways and railways in the areas near to Nepal-China border has pronounced much more opportunities for Nepal. It can be a vibrant bridge between China and India,&rdquo; she said. &ldquo;Connecting Nepal, China and India trilaterally would create a huge market of more than 2.6 billion people,&rdquo; Yami added.&nbsp;</p>

<p>Speaking at the event, Cui Guitian, Professor at Shandong University stressed on increasing the frequency of exchange of political delegations between China and Nepal to further bolster the bilateral relationship. &ldquo;The future of Sino-Nepal relationship depends on the level of engagement of political parties of both the countries,&rdquo; he said.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
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			'created' => '2017-01-17',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4974',
			'image' => '20170118102355_china nepal.jpg',
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	(int) 4 => array(
		'Article' => array(
			'id' => '5170',
			'article_category_id' => '1',
			'title' => 'Nyadi Hydropower Contract to Chinese Company Zhejiang',
			'sub_title' => '',
			'summary' => 'January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.',
			'content' => '<p style="text-align: justify;">January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the contract was done as per EPC format. The Chinese company obtained the contract for civil, hydro mechanical and electro mechanical works. Rajeev Rajbhandari, Chairman of the company and Liu Koching, Chairman of the Zhejiang Hydropower signed the agreement paper on behalf of the respective organisation.</p>

<p style="text-align: justify;">According to the statement, the project will commence from coming February to complete within next 38 months. The company targets to operate the hydro project by 2020 April.</p>

<p style="text-align: justify;">Nyadi Hydropower is the joint venture of Butwal Power and Lamjung Electricity Development Company. It is also planning to issue shares to the local people of affected area and general investors in near future.</p>

<p style="text-align: justify;">&quot;The hydro project will have a consortium loan from Nabil, Global IME and Himalayan Bank headed by Everest Bank. Moreover, Hydropower Investment and Development Company will also be investing in the project,&quot; reads the statement.</p>

<p style="text-align: justify;">Similarly, the company informed that the tasks related with procurement of land for the project, construction of project access road, power purchase agreement, appointment of supervision consultant and financial management has already concluded.&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '4973',
			'image' => '20170117034903_nyadi.jpg',
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		'Article' => array(
			'id' => '5169',
			'article_category_id' => '1',
			'title' => 'Birgunj Customs Collects 55 Billion Revenue in 6 Months',
			'sub_title' => '',
			'summary' => 'January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.',
			'content' => '<p style="text-align: justify;">January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.</p>

<p style="text-align: justify;">&quot;The collected revenue is five per cent more than the target,&quot; said Sewantak Pokharel, Chief Customs Officer of Birgunj custom point. Department of Customs had given Rs 52.11 billion as revenue target to the customs office.</p>

<p style="text-align: justify;">During the review period of the last FY, the customs point collected Rs 14.74 billion in revenue. The collected revenue was just 44 per cent of the given target of that period. During the period, the customs collection was negatively affected by the Tarai unrest and border blockade. A total of Rs 33.59 billion revenue target was given to the office during the period, however, the disruption of import and export due to negative circumstances hindered the collection of revenue during the review period of last FY.</p>

<p style="text-align: justify;">As per the data of Birgunj Customs Office, it collected Rs 8.89 billion revenue in the month of Paush (mid-December to mid-January) against its target of Rs 8.66 billion for the month. Amongst the collected revenue, the office collected Rs 3.34 billion in customs duty, Rs 3.25 billion in VAT and Rs 1.96 billion in excise duty.</p>

<p style="text-align: justify;">According to Pokharel, vehicles and petroleum products have major contribution in the revenue collected from Birgunj Customs Office.&nbsp;&nbsp;</p>

<p style="text-align: justify;">In the first six months of the current FY, the customs point collected Rs 20.58 billion as customs duty, Rs 19.75 billion in VAT and Rs 11.54 billion in excise duty. The customs point is given a target of Rs 107 billion in revenue for the current FY ending in May. Pokharel claims that the annual target of the revenue will be easily achieved with the same pace of revenue collection.</p>

<p style="text-align: justify;">District wise, Parsa collects the largest amount of revenue due to the customs point in Birgunj. A businessman from Birgunj says although some industries shifted to other places, but as raw materials and consumer goods for Kathmandu come through this point, it has the largest contribution in revenue.&nbsp; &nbsp;Lalitpur district has second position in terms of revenue contribution, Rupandehi third and Kathmandu fourth.</p>

<p style="text-align: justify;">&nbsp;According to statistics of the Comptroller General&rsquo;s Office, the least contribution in revenue is from Dadeldhura, which stands at 0.1 percent. &nbsp;</p>
',
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			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4972',
			'image' => '20170117025957_birgunj.jpg',
			'article_date' => '2017-01-17 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '5168',
			'article_category_id' => '1',
			'title' => 'Maruti Cement's Awareness Program on Earthquake Safety',
			'sub_title' => '',
			'summary' => 'January 17: Maruti Cement has organised a public awareness program on the occasion of 19th Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. "The participants who gave right answer during the road drama were provided t-shirts and caps," said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley. ',
			'content' => '<p style="text-align: justify;">January 17: Maruti Cement has organised a public awareness program on the occasion of 19<sup>th</sup> Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. &quot;The participants who gave right answer during the road drama were provided t-shirts and caps,&quot; said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4971',
			'image' => '20170117023100_maruti.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5167',
			'article_category_id' => '1',
			'title' => 'IME Flag in the Highest Peak of Antarctica',
			'sub_title' => '',
			'summary' => 'January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively.  ',
			'content' => '<p style="text-align: justify;">January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively. &nbsp;</p>

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

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4970',
			'image' => '20170117123053_ime.jpg',
			'article_date' => '2017-01-17 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '5166',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts ATM Outlet in Rautahat',
			'sub_title' => '',
			'summary' => 'January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank's three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.',
			'content' => '<p style="text-align: justify;">January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank&#39;s three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.</p>

<p style="text-align: justify;">&quot;The ATM outlet is being operated considering the demand of service seekers,&quot; said Kishan Kumar Kishori, Manager of Chandrapur branch. He opined that the general people are being attracted to the bank due to various reasons including cheap interest rate and easy banking facility. He added &quot;The crowd of customers in the bank will decrease with the commencement of ATM service.&quot; He informed that the ATM is being installed at present.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4969',
			'image' => '20170117114914_nepal-bank.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5165',
			'article_category_id' => '1',
			'title' => 'TCL among World's Best Brand List',
			'sub_title' => '',
			'summary' => 'January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world's 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided 'Global Display Tech Animation' awar',
			'content' => '<p style="text-align: justify;">January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world&#39;s 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided &#39;Global Display Tech Animation&#39; award for its product TCL Quantum Dot TV. Moreover, it was also provided &#39;Manufacturing of TV with World Biggest Screen &#39;award.</p>

<p style="text-align: justify;">The company operating since 1981 has become one of the world finest electronics manufacturing company. The authorised distributor of TCL for Nepal is EOL under Chaudary Group.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4968',
			'image' => '20170117112408_tcl.JPG',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '5163',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport',
			'sub_title' => '',
			'summary' => 'January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.',
			'content' => '<p style="text-align: justify;">January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.</p>

<p style="text-align: justify;">Al Baker also used the occasion to announce the airline&rsquo;s forthcoming launch of direct flights to Nice. The airline will operate five-weekly services from its home and hub Hamad International Airport, Doha commencing July 4. Furthermore, it was announced that the route will be served by the airline&rsquo;s state-of-the-art Boeing 787 Dreamliner.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4966',
			'image' => '20170117105446_qatar.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5162',
			'article_category_id' => '1',
			'title' => 'Parliament Ratifies Protocol Amending Marrakesh Agreement',
			'sub_title' => '',
			'summary' => 'January 16: The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation to be included in the schedule of the Agreement on Trade Facilitation  of the World Trade  Organisation',
			'content' => '<p><strong>January 16:</strong> The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation (WTO)&nbsp;to be included in the schedule of the Agreement on Trade Facilitation&nbsp; of the World Trade&nbsp; Organisation.</p>

<p>According to a press statement&nbsp;issued by the Ministry of&nbsp; Commerce, the agreement was endorsed&nbsp;by the ninth minister level conference of the WTO held in Bali, Indonesia on&nbsp;December 2013 after lengthy talks and discussions. &quot;Nepal had played a crucial role in finalising the&nbsp; agreement as a convenor of the&nbsp; least developed countries. &nbsp;The agreement to be implemented after aproval by two third members of the organisation is so far approved by the 106 members among the total 164 countries,&quot; &nbsp;reads the stattement. India, Bangladesh, Pakistan, Afghanistan and Sri Lanka have already ratified it from the south asia region.</p>

<p>&nbsp;The Trade Facilitation Agreement is aimed at&nbsp; minimizing the cost of international trade by streamlining the&nbsp; process of cross border&nbsp; transportation of goods, promoting good governance&nbsp; by developing legal and transparent customs system and guaranteeing&nbsp; the&nbsp; transit rights of landlocked countries.&nbsp; It is expected to make trade transparent, austere and effective and will help attract further foreign investment thereby making positive influence in the&nbsp;Nepali economy.</p>

<p>The provisions in the agreement have guaranteed financial and technical assistance to least developed countries like Nepal. There is also provision that countries will not be liable to implementing provisions in which financial and technical assistance is sought.</p>

<p>Some programs including policy and legal reform, customs modernization, trade infrastructure building, development and upgrading have been implemented in Nepal for trade facilitation. Nepal has already implemented some of the provisions.&nbsp;</p>

<p style="text-align:justify">&nbsp;It is expected that considerable contribution will be made in&nbsp; trade sector reform&nbsp; through trade facilitation at a time when Nepal had deteriorating&nbsp; competitive capacity due to&nbsp; our supply constraints and lack of increase of Nepal&rsquo;s export due to&nbsp; high trade costs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4965',
			'image' => null,
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5161',
			'article_category_id' => '1',
			'title' => 'Global IME in ASBA System',
			'sub_title' => '',
			'summary' => 'January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers. ',
			'content' => '<p style="text-align: justify;">January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4964',
			'image' => '20170116022346_global.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5160',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Appoints Nabil Investment as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation. ',
			'content' => '<p style="text-align: justify;">January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4963',
			'image' => '20170116021430_siddhartha.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5159',
			'article_category_id' => '1',
			'title' => 'Laxmi Bank Starts Integrated Transaction',
			'sub_title' => '',
			'summary' => 'January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.  With the integrated transaction, Laxmi Bank's branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs. ',
			'content' => '<p style="text-align: justify;">January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.</p>

<p style="text-align: justify;">With the integrated transaction, Laxmi Bank&#39;s branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs.&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '4962',
			'image' => '20170116020849_laxmi bank.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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simplexml_load_file - [internal], line ??
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View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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$articles = array(
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		'Article' => array(
			'id' => '5174',
			'article_category_id' => '1',
			'title' => 'BFIs let-go NRB Security Bills; Liquidity Crisis in Question',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Rastra Bank issued Rs 40 billion worth of 'Direct Purchase Auction Bidding' in a bid to address BIFs' complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold.  ',
			'content' => '<p style="text-align:justify">January 18: Nepal Rastra Bank issued Rs 40 billion worth of &#39;Direct Purchase Auction Bidding&#39; in a bid to address BIFs&#39; complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold. &nbsp;</p>

<p style="text-align:justify">&quot;The less participation of BFIs in the auction bidding of Rs 40 billion issued by the NRB to curve the liquidity crisis has doubted the existence of liquidity crisis in the market,&quot; said Chitamani Siwakoti, Deputy Governor of NRB. According to him, BFIs procured only Rs 1.90 billion of Rs 20 billion repo issued by the NRB previously. During the issuance of repo, BFIs viewed that the short term repo might not address the liquidity crisis.</p>

<p style="text-align:justify">&quot;As repo is for only 2 weeks period, we issued NRB Security Bills with the maturity period till May 26 and July 13 that can be directly purchased through auction bidding. However, it drew minimal participation.&quot; Only six BFIs participated in the auction bidding. As per Siwakoti, if there was real crisis of liquidity, BFIs would have procured the required amount for investment.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4977',
			'image' => '20170118125918_nrb.jpg',
			'article_date' => '2017-01-18 00:00:00',
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			'id' => '5173',
			'article_category_id' => '1',
			'title' => 'Pathak Appointed as Deputy CEO of NCC',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.',
			'content' => '<p style="text-align:justify">January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.</p>
',
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			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4976',
			'image' => '20170118111527_ncc.jpg',
			'article_date' => '2017-01-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '5172',
			'article_category_id' => '1',
			'title' => 'ADBL to  Start Mobile Banking Services',
			'sub_title' => '',
			'summary' => 'January 18: Agricultural Development Bank is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.',
			'content' => '<p style="text-align:justify">January 18: Agricultural Development Bank (ADBL)&nbsp;is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.</p>

<p style="text-align:justify">With the agreement, the bank will start &#39;ADBL Smart Banking&#39; mobile banking services for its customers. &nbsp;The bank said that the F1 has prepared software as per the requirements of the bank. According to the bank, the customers can now fill up the forms, get notifications of transactions, transfer money, request for statement and chequebooks, defer debit card and cheque, get information on loan interest and principal through ADBL Smart Banking Services or through online. Moreover, the bank informed that the customers initiating the service in the current year will not be charged annual fee.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4975',
			'image' => '20170118110307_agriculture.jpg',
			'article_date' => '2017-01-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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			'user_id' => '16'
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	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5171',
			'article_category_id' => '1',
			'title' => 'Call for Increasing Engagement with China For Economic Prosperity',
			'sub_title' => '',
			'summary' => 'January 17: Former prime minister KP Sharma Oli has said that the ‘One Belt, One Road’ initiative taken by China can be largely beneficial to the Nepali economy',
			'content' => '<p>January 17: Former prime minister KP Sharma Oli has said that the &lsquo;One Belt, One Road&rsquo; initiative taken by China can be largely beneficial to the Nepali economy. He said that Nepal&rsquo;s engagement in restoring and reviving the ancient Silk Road route will usher the country into a new era of trade and connectivity.</p>

<p>Former PM Oli who is also the chairman of the main opposition party CPN-UML, made such remarks at the inaugural session of the China-Nepal Think-Tank Top Conference 2017 in Kathmandu that commenced today. The two-day conference is organised jointly by the Kathmandu Bureau of Xinhua News Agency, the official news agency of China and Nepal Study Center at Hebei University of Economics &amp; Business, China. The programme was chaired by Huang Youyi, Secretary General ofInternational Advisory Board of The Chahar Institute and Political Member of Chinese People Political Consultative Conference and its Foreign Affairs Committee.&nbsp;&nbsp;&nbsp;</p>

<p>Inaugurating the event, Oli thanked China for its policy of non-interference in Nepal&rsquo;s internal matters. &ldquo;I have found China very much willing and eager in supporting the development endeavours in Nepal,&rdquo; he mentioned. He said that despite the current difficult political situation, Nepal is headed towards a new and positive direction.</p>

<p>It is the first conference of China-Nepal Think Tank, a group comprising of eminent personalities from Nepal and China. According to the organisers, the objective of the event is to find ways to further strengthen the bilateral relationship between the two nations.</p>

<p>Speaking at the programme, former deputy prime minister and foreign minister Kamal Thapa charted out three factors impacting the Sino-Nepal relationship. &ldquo;First is the significant socio-economic transformation in China and Nepal. Second is the emergence of China and India as the world&rsquo;s economic powerhouses, and thirdly, the One Belt, One Road connectivity concept,&rdquo; he mentioned.</p>

<p>Thapa stressed that Nepal should prioritise on expanding its connectivity infrastructure with China. He also urged for a Sino-Nepal transit treaty. &ldquo;We must have a transit treaty with China at the earliest possible. The border blockade of 2015 has clearly pointed out to the need of such pact,&rdquo; he said, adding that China should provide landlocked Nepal with the access to the sea.</p>

<p>Thapa criticised the current government citing the lack of progress on various agreements with China that were signed by the erstwhile government led KP Sharma Oli.</p>

<p>Similarly, former minister and Naya Shakti Party leader Hisila Yami pointed out that Nepal should replace political diplomacy by economic diplomacy. &ldquo;The development of Tibet and expansion of roadways and railways in the areas near to Nepal-China border has pronounced much more opportunities for Nepal. It can be a vibrant bridge between China and India,&rdquo; she said. &ldquo;Connecting Nepal, China and India trilaterally would create a huge market of more than 2.6 billion people,&rdquo; Yami added.&nbsp;</p>

<p>Speaking at the event, Cui Guitian, Professor at Shandong University stressed on increasing the frequency of exchange of political delegations between China and Nepal to further bolster the bilateral relationship. &ldquo;The future of Sino-Nepal relationship depends on the level of engagement of political parties of both the countries,&rdquo; he said.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4974',
			'image' => '20170118102355_china nepal.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5170',
			'article_category_id' => '1',
			'title' => 'Nyadi Hydropower Contract to Chinese Company Zhejiang',
			'sub_title' => '',
			'summary' => 'January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.',
			'content' => '<p style="text-align: justify;">January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the contract was done as per EPC format. The Chinese company obtained the contract for civil, hydro mechanical and electro mechanical works. Rajeev Rajbhandari, Chairman of the company and Liu Koching, Chairman of the Zhejiang Hydropower signed the agreement paper on behalf of the respective organisation.</p>

<p style="text-align: justify;">According to the statement, the project will commence from coming February to complete within next 38 months. The company targets to operate the hydro project by 2020 April.</p>

<p style="text-align: justify;">Nyadi Hydropower is the joint venture of Butwal Power and Lamjung Electricity Development Company. It is also planning to issue shares to the local people of affected area and general investors in near future.</p>

<p style="text-align: justify;">&quot;The hydro project will have a consortium loan from Nabil, Global IME and Himalayan Bank headed by Everest Bank. Moreover, Hydropower Investment and Development Company will also be investing in the project,&quot; reads the statement.</p>

<p style="text-align: justify;">Similarly, the company informed that the tasks related with procurement of land for the project, construction of project access road, power purchase agreement, appointment of supervision consultant and financial management has already concluded.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4973',
			'image' => '20170117034903_nyadi.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5169',
			'article_category_id' => '1',
			'title' => 'Birgunj Customs Collects 55 Billion Revenue in 6 Months',
			'sub_title' => '',
			'summary' => 'January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.',
			'content' => '<p style="text-align: justify;">January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.</p>

<p style="text-align: justify;">&quot;The collected revenue is five per cent more than the target,&quot; said Sewantak Pokharel, Chief Customs Officer of Birgunj custom point. Department of Customs had given Rs 52.11 billion as revenue target to the customs office.</p>

<p style="text-align: justify;">During the review period of the last FY, the customs point collected Rs 14.74 billion in revenue. The collected revenue was just 44 per cent of the given target of that period. During the period, the customs collection was negatively affected by the Tarai unrest and border blockade. A total of Rs 33.59 billion revenue target was given to the office during the period, however, the disruption of import and export due to negative circumstances hindered the collection of revenue during the review period of last FY.</p>

<p style="text-align: justify;">As per the data of Birgunj Customs Office, it collected Rs 8.89 billion revenue in the month of Paush (mid-December to mid-January) against its target of Rs 8.66 billion for the month. Amongst the collected revenue, the office collected Rs 3.34 billion in customs duty, Rs 3.25 billion in VAT and Rs 1.96 billion in excise duty.</p>

<p style="text-align: justify;">According to Pokharel, vehicles and petroleum products have major contribution in the revenue collected from Birgunj Customs Office.&nbsp;&nbsp;</p>

<p style="text-align: justify;">In the first six months of the current FY, the customs point collected Rs 20.58 billion as customs duty, Rs 19.75 billion in VAT and Rs 11.54 billion in excise duty. The customs point is given a target of Rs 107 billion in revenue for the current FY ending in May. Pokharel claims that the annual target of the revenue will be easily achieved with the same pace of revenue collection.</p>

<p style="text-align: justify;">District wise, Parsa collects the largest amount of revenue due to the customs point in Birgunj. A businessman from Birgunj says although some industries shifted to other places, but as raw materials and consumer goods for Kathmandu come through this point, it has the largest contribution in revenue.&nbsp; &nbsp;Lalitpur district has second position in terms of revenue contribution, Rupandehi third and Kathmandu fourth.</p>

<p style="text-align: justify;">&nbsp;According to statistics of the Comptroller General&rsquo;s Office, the least contribution in revenue is from Dadeldhura, which stands at 0.1 percent. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4972',
			'image' => '20170117025957_birgunj.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5168',
			'article_category_id' => '1',
			'title' => 'Maruti Cement's Awareness Program on Earthquake Safety',
			'sub_title' => '',
			'summary' => 'January 17: Maruti Cement has organised a public awareness program on the occasion of 19th Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. "The participants who gave right answer during the road drama were provided t-shirts and caps," said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley. ',
			'content' => '<p style="text-align: justify;">January 17: Maruti Cement has organised a public awareness program on the occasion of 19<sup>th</sup> Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. &quot;The participants who gave right answer during the road drama were provided t-shirts and caps,&quot; said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4971',
			'image' => '20170117023100_maruti.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5167',
			'article_category_id' => '1',
			'title' => 'IME Flag in the Highest Peak of Antarctica',
			'sub_title' => '',
			'summary' => 'January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively.  ',
			'content' => '<p style="text-align: justify;">January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively. &nbsp;</p>

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

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4970',
			'image' => '20170117123053_ime.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5166',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts ATM Outlet in Rautahat',
			'sub_title' => '',
			'summary' => 'January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank's three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.',
			'content' => '<p style="text-align: justify;">January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank&#39;s three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.</p>

<p style="text-align: justify;">&quot;The ATM outlet is being operated considering the demand of service seekers,&quot; said Kishan Kumar Kishori, Manager of Chandrapur branch. He opined that the general people are being attracted to the bank due to various reasons including cheap interest rate and easy banking facility. He added &quot;The crowd of customers in the bank will decrease with the commencement of ATM service.&quot; He informed that the ATM is being installed at present.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4969',
			'image' => '20170117114914_nepal-bank.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5165',
			'article_category_id' => '1',
			'title' => 'TCL among World's Best Brand List',
			'sub_title' => '',
			'summary' => 'January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world's 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided 'Global Display Tech Animation' awar',
			'content' => '<p style="text-align: justify;">January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world&#39;s 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided &#39;Global Display Tech Animation&#39; award for its product TCL Quantum Dot TV. Moreover, it was also provided &#39;Manufacturing of TV with World Biggest Screen &#39;award.</p>

<p style="text-align: justify;">The company operating since 1981 has become one of the world finest electronics manufacturing company. The authorised distributor of TCL for Nepal is EOL under Chaudary Group.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4968',
			'image' => '20170117112408_tcl.JPG',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5163',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport',
			'sub_title' => '',
			'summary' => 'January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.',
			'content' => '<p style="text-align: justify;">January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.</p>

<p style="text-align: justify;">Al Baker also used the occasion to announce the airline&rsquo;s forthcoming launch of direct flights to Nice. The airline will operate five-weekly services from its home and hub Hamad International Airport, Doha commencing July 4. Furthermore, it was announced that the route will be served by the airline&rsquo;s state-of-the-art Boeing 787 Dreamliner.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4966',
			'image' => '20170117105446_qatar.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5162',
			'article_category_id' => '1',
			'title' => 'Parliament Ratifies Protocol Amending Marrakesh Agreement',
			'sub_title' => '',
			'summary' => 'January 16: The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation to be included in the schedule of the Agreement on Trade Facilitation  of the World Trade  Organisation',
			'content' => '<p><strong>January 16:</strong> The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation (WTO)&nbsp;to be included in the schedule of the Agreement on Trade Facilitation&nbsp; of the World Trade&nbsp; Organisation.</p>

<p>According to a press statement&nbsp;issued by the Ministry of&nbsp; Commerce, the agreement was endorsed&nbsp;by the ninth minister level conference of the WTO held in Bali, Indonesia on&nbsp;December 2013 after lengthy talks and discussions. &quot;Nepal had played a crucial role in finalising the&nbsp; agreement as a convenor of the&nbsp; least developed countries. &nbsp;The agreement to be implemented after aproval by two third members of the organisation is so far approved by the 106 members among the total 164 countries,&quot; &nbsp;reads the stattement. India, Bangladesh, Pakistan, Afghanistan and Sri Lanka have already ratified it from the south asia region.</p>

<p>&nbsp;The Trade Facilitation Agreement is aimed at&nbsp; minimizing the cost of international trade by streamlining the&nbsp; process of cross border&nbsp; transportation of goods, promoting good governance&nbsp; by developing legal and transparent customs system and guaranteeing&nbsp; the&nbsp; transit rights of landlocked countries.&nbsp; It is expected to make trade transparent, austere and effective and will help attract further foreign investment thereby making positive influence in the&nbsp;Nepali economy.</p>

<p>The provisions in the agreement have guaranteed financial and technical assistance to least developed countries like Nepal. There is also provision that countries will not be liable to implementing provisions in which financial and technical assistance is sought.</p>

<p>Some programs including policy and legal reform, customs modernization, trade infrastructure building, development and upgrading have been implemented in Nepal for trade facilitation. Nepal has already implemented some of the provisions.&nbsp;</p>

<p style="text-align:justify">&nbsp;It is expected that considerable contribution will be made in&nbsp; trade sector reform&nbsp; through trade facilitation at a time when Nepal had deteriorating&nbsp; competitive capacity due to&nbsp; our supply constraints and lack of increase of Nepal&rsquo;s export due to&nbsp; high trade costs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4965',
			'image' => null,
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5161',
			'article_category_id' => '1',
			'title' => 'Global IME in ASBA System',
			'sub_title' => '',
			'summary' => 'January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers. ',
			'content' => '<p style="text-align: justify;">January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4964',
			'image' => '20170116022346_global.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 13 => array(
		'Article' => array(
			'id' => '5160',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Appoints Nabil Investment as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation. ',
			'content' => '<p style="text-align: justify;">January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4963',
			'image' => '20170116021430_siddhartha.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5159',
			'article_category_id' => '1',
			'title' => 'Laxmi Bank Starts Integrated Transaction',
			'sub_title' => '',
			'summary' => 'January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.  With the integrated transaction, Laxmi Bank's branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs. ',
			'content' => '<p style="text-align: justify;">January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.</p>

<p style="text-align: justify;">With the integrated transaction, Laxmi Bank&#39;s branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs.&nbsp;</p>
',
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			'image' => '20170116020849_laxmi bank.jpg',
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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
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		'Article' => array(
			'id' => '5174',
			'article_category_id' => '1',
			'title' => 'BFIs let-go NRB Security Bills; Liquidity Crisis in Question',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Rastra Bank issued Rs 40 billion worth of 'Direct Purchase Auction Bidding' in a bid to address BIFs' complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold.  ',
			'content' => '<p style="text-align:justify">January 18: Nepal Rastra Bank issued Rs 40 billion worth of &#39;Direct Purchase Auction Bidding&#39; in a bid to address BIFs&#39; complains on liquidity crisis. However, only Rs 9.70 billion worth of auction bidding has been procured by the BFIs so far. Previously, when NRB issued one and two weekly repo, BFIs complained that the short term repo might not solve the liquidity problem. Addressing the complains, NRB issued the auction bidding lasting for nearly five months, but, only 1/4 of the auction bidding has been sold. &nbsp;</p>

<p style="text-align:justify">&quot;The less participation of BFIs in the auction bidding of Rs 40 billion issued by the NRB to curve the liquidity crisis has doubted the existence of liquidity crisis in the market,&quot; said Chitamani Siwakoti, Deputy Governor of NRB. According to him, BFIs procured only Rs 1.90 billion of Rs 20 billion repo issued by the NRB previously. During the issuance of repo, BFIs viewed that the short term repo might not address the liquidity crisis.</p>

<p style="text-align:justify">&quot;As repo is for only 2 weeks period, we issued NRB Security Bills with the maturity period till May 26 and July 13 that can be directly purchased through auction bidding. However, it drew minimal participation.&quot; Only six BFIs participated in the auction bidding. As per Siwakoti, if there was real crisis of liquidity, BFIs would have procured the required amount for investment.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4977',
			'image' => '20170118125918_nrb.jpg',
			'article_date' => '2017-01-18 00:00:00',
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			'id' => '5173',
			'article_category_id' => '1',
			'title' => 'Pathak Appointed as Deputy CEO of NCC',
			'sub_title' => '',
			'summary' => 'January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.',
			'content' => '<p style="text-align:justify">January 18: Nepal Credit and Commerce Bank that recently started integrated transaction after merging four development banks into it has appointed Bandana Pathak as its Acting General Manager and Deputy CEO on January 16. Previously, Pathak was serving as Deputy General Manager of the bank. Pathak started her banking career from Nepal Bangladesh Bank in 1994.</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4976',
			'image' => '20170118111527_ncc.jpg',
			'article_date' => '2017-01-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5172',
			'article_category_id' => '1',
			'title' => 'ADBL to  Start Mobile Banking Services',
			'sub_title' => '',
			'summary' => 'January 18: Agricultural Development Bank is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.',
			'content' => '<p style="text-align:justify">January 18: Agricultural Development Bank (ADBL)&nbsp;is starting mobile banking services. The bank carried out an agreement with F1 Soft International for that matter. Prem Kumar Shrestha, Head of Market and Branch Administration Department of the bank and Subash Sharma, CEO of F1 Soft signed a memorandum of understanding (MoU) amid a program on January 17. The program was also attended by the CEO of the bank Lila Prakash Sitaula.</p>

<p style="text-align:justify">With the agreement, the bank will start &#39;ADBL Smart Banking&#39; mobile banking services for its customers. &nbsp;The bank said that the F1 has prepared software as per the requirements of the bank. According to the bank, the customers can now fill up the forms, get notifications of transactions, transfer money, request for statement and chequebooks, defer debit card and cheque, get information on loan interest and principal through ADBL Smart Banking Services or through online. Moreover, the bank informed that the customers initiating the service in the current year will not be charged annual fee.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-18',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4975',
			'image' => '20170118110307_agriculture.jpg',
			'article_date' => '2017-01-18 00:00:00',
			'homepage' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5171',
			'article_category_id' => '1',
			'title' => 'Call for Increasing Engagement with China For Economic Prosperity',
			'sub_title' => '',
			'summary' => 'January 17: Former prime minister KP Sharma Oli has said that the ‘One Belt, One Road’ initiative taken by China can be largely beneficial to the Nepali economy',
			'content' => '<p>January 17: Former prime minister KP Sharma Oli has said that the &lsquo;One Belt, One Road&rsquo; initiative taken by China can be largely beneficial to the Nepali economy. He said that Nepal&rsquo;s engagement in restoring and reviving the ancient Silk Road route will usher the country into a new era of trade and connectivity.</p>

<p>Former PM Oli who is also the chairman of the main opposition party CPN-UML, made such remarks at the inaugural session of the China-Nepal Think-Tank Top Conference 2017 in Kathmandu that commenced today. The two-day conference is organised jointly by the Kathmandu Bureau of Xinhua News Agency, the official news agency of China and Nepal Study Center at Hebei University of Economics &amp; Business, China. The programme was chaired by Huang Youyi, Secretary General ofInternational Advisory Board of The Chahar Institute and Political Member of Chinese People Political Consultative Conference and its Foreign Affairs Committee.&nbsp;&nbsp;&nbsp;</p>

<p>Inaugurating the event, Oli thanked China for its policy of non-interference in Nepal&rsquo;s internal matters. &ldquo;I have found China very much willing and eager in supporting the development endeavours in Nepal,&rdquo; he mentioned. He said that despite the current difficult political situation, Nepal is headed towards a new and positive direction.</p>

<p>It is the first conference of China-Nepal Think Tank, a group comprising of eminent personalities from Nepal and China. According to the organisers, the objective of the event is to find ways to further strengthen the bilateral relationship between the two nations.</p>

<p>Speaking at the programme, former deputy prime minister and foreign minister Kamal Thapa charted out three factors impacting the Sino-Nepal relationship. &ldquo;First is the significant socio-economic transformation in China and Nepal. Second is the emergence of China and India as the world&rsquo;s economic powerhouses, and thirdly, the One Belt, One Road connectivity concept,&rdquo; he mentioned.</p>

<p>Thapa stressed that Nepal should prioritise on expanding its connectivity infrastructure with China. He also urged for a Sino-Nepal transit treaty. &ldquo;We must have a transit treaty with China at the earliest possible. The border blockade of 2015 has clearly pointed out to the need of such pact,&rdquo; he said, adding that China should provide landlocked Nepal with the access to the sea.</p>

<p>Thapa criticised the current government citing the lack of progress on various agreements with China that were signed by the erstwhile government led KP Sharma Oli.</p>

<p>Similarly, former minister and Naya Shakti Party leader Hisila Yami pointed out that Nepal should replace political diplomacy by economic diplomacy. &ldquo;The development of Tibet and expansion of roadways and railways in the areas near to Nepal-China border has pronounced much more opportunities for Nepal. It can be a vibrant bridge between China and India,&rdquo; she said. &ldquo;Connecting Nepal, China and India trilaterally would create a huge market of more than 2.6 billion people,&rdquo; Yami added.&nbsp;</p>

<p>Speaking at the event, Cui Guitian, Professor at Shandong University stressed on increasing the frequency of exchange of political delegations between China and Nepal to further bolster the bilateral relationship. &ldquo;The future of Sino-Nepal relationship depends on the level of engagement of political parties of both the countries,&rdquo; he said.&nbsp;</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4974',
			'image' => '20170118102355_china nepal.jpg',
			'article_date' => '2017-01-17 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '5170',
			'article_category_id' => '1',
			'title' => 'Nyadi Hydropower Contract to Chinese Company Zhejiang',
			'sub_title' => '',
			'summary' => 'January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.',
			'content' => '<p style="text-align: justify;">January 17: The construction contract of 30MW capacity Nyadi Hydropower Project has been finalised. An agreement between Nyadi Hydropower and Chinese Company Zhejiang Hydropower Construction and Installation was signed on January 16.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the contract was done as per EPC format. The Chinese company obtained the contract for civil, hydro mechanical and electro mechanical works. Rajeev Rajbhandari, Chairman of the company and Liu Koching, Chairman of the Zhejiang Hydropower signed the agreement paper on behalf of the respective organisation.</p>

<p style="text-align: justify;">According to the statement, the project will commence from coming February to complete within next 38 months. The company targets to operate the hydro project by 2020 April.</p>

<p style="text-align: justify;">Nyadi Hydropower is the joint venture of Butwal Power and Lamjung Electricity Development Company. It is also planning to issue shares to the local people of affected area and general investors in near future.</p>

<p style="text-align: justify;">&quot;The hydro project will have a consortium loan from Nabil, Global IME and Himalayan Bank headed by Everest Bank. Moreover, Hydropower Investment and Development Company will also be investing in the project,&quot; reads the statement.</p>

<p style="text-align: justify;">Similarly, the company informed that the tasks related with procurement of land for the project, construction of project access road, power purchase agreement, appointment of supervision consultant and financial management has already concluded.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4973',
			'image' => '20170117034903_nyadi.jpg',
			'article_date' => '2017-01-17 00:00:00',
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		'Article' => array(
			'id' => '5169',
			'article_category_id' => '1',
			'title' => 'Birgunj Customs Collects 55 Billion Revenue in 6 Months',
			'sub_title' => '',
			'summary' => 'January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.',
			'content' => '<p style="text-align: justify;">January 17: The major customs point of Nepal, Birgunj Customs Office has collected Rs 55.17 billion in revenue in the first six months of the current fiscal year 2016/17.</p>

<p style="text-align: justify;">&quot;The collected revenue is five per cent more than the target,&quot; said Sewantak Pokharel, Chief Customs Officer of Birgunj custom point. Department of Customs had given Rs 52.11 billion as revenue target to the customs office.</p>

<p style="text-align: justify;">During the review period of the last FY, the customs point collected Rs 14.74 billion in revenue. The collected revenue was just 44 per cent of the given target of that period. During the period, the customs collection was negatively affected by the Tarai unrest and border blockade. A total of Rs 33.59 billion revenue target was given to the office during the period, however, the disruption of import and export due to negative circumstances hindered the collection of revenue during the review period of last FY.</p>

<p style="text-align: justify;">As per the data of Birgunj Customs Office, it collected Rs 8.89 billion revenue in the month of Paush (mid-December to mid-January) against its target of Rs 8.66 billion for the month. Amongst the collected revenue, the office collected Rs 3.34 billion in customs duty, Rs 3.25 billion in VAT and Rs 1.96 billion in excise duty.</p>

<p style="text-align: justify;">According to Pokharel, vehicles and petroleum products have major contribution in the revenue collected from Birgunj Customs Office.&nbsp;&nbsp;</p>

<p style="text-align: justify;">In the first six months of the current FY, the customs point collected Rs 20.58 billion as customs duty, Rs 19.75 billion in VAT and Rs 11.54 billion in excise duty. The customs point is given a target of Rs 107 billion in revenue for the current FY ending in May. Pokharel claims that the annual target of the revenue will be easily achieved with the same pace of revenue collection.</p>

<p style="text-align: justify;">District wise, Parsa collects the largest amount of revenue due to the customs point in Birgunj. A businessman from Birgunj says although some industries shifted to other places, but as raw materials and consumer goods for Kathmandu come through this point, it has the largest contribution in revenue.&nbsp; &nbsp;Lalitpur district has second position in terms of revenue contribution, Rupandehi third and Kathmandu fourth.</p>

<p style="text-align: justify;">&nbsp;According to statistics of the Comptroller General&rsquo;s Office, the least contribution in revenue is from Dadeldhura, which stands at 0.1 percent. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4972',
			'image' => '20170117025957_birgunj.jpg',
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		'Article' => array(
			'id' => '5168',
			'article_category_id' => '1',
			'title' => 'Maruti Cement's Awareness Program on Earthquake Safety',
			'sub_title' => '',
			'summary' => 'January 17: Maruti Cement has organised a public awareness program on the occasion of 19th Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. "The participants who gave right answer during the road drama were provided t-shirts and caps," said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley. ',
			'content' => '<p style="text-align: justify;">January 17: Maruti Cement has organised a public awareness program on the occasion of 19<sup>th</sup> Earthquake Safety Day 2073. The company informed general public about earthquake, activities ought to do during earthquake, earthquake resistant buildings, procedure to build earthquake resistant buildings, technical knowhow and quality of construction materials through a road drama. &quot;The participants who gave right answer during the road drama were provided t-shirts and caps,&quot; said Raju Shrestha, Brand Manager of the company. According to the company, the program will run for one week in various parts of the country including the valley.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4971',
			'image' => '20170117023100_maruti.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5167',
			'article_category_id' => '1',
			'title' => 'IME Flag in the Highest Peak of Antarctica',
			'sub_title' => '',
			'summary' => 'January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively.  ',
			'content' => '<p style="text-align: justify;">January 17: Mountaineer Sanjay Pandit has waved a flag with IME logo in the highest peak of Antarctica, Mount Vinson Massif. He waved the flag on January 4. It is the latest summit of Sanjay Pandit after setting records on Mount Kilimanjaro of Antarctica and Mount Kosciuszko of Australia for walking backwards to the summits in an astonishing time of 25 hours and 40 minutes and 5 hours and 45 minutes respectively. &nbsp;</p>

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

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4970',
			'image' => '20170117123053_ime.jpg',
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		'Article' => array(
			'id' => '5166',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Starts ATM Outlet in Rautahat',
			'sub_title' => '',
			'summary' => 'January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank's three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.',
			'content' => '<p style="text-align: justify;">January 17: Nepal Bank, Chandrapur branch has started ATM outlet in Rautahat. The outlet is the first of its kind for Rautahat. Among the bank&#39;s three branches operating in Rautahat, Chandrapur branch is providing the ATM service in the locality.</p>

<p style="text-align: justify;">&quot;The ATM outlet is being operated considering the demand of service seekers,&quot; said Kishan Kumar Kishori, Manager of Chandrapur branch. He opined that the general people are being attracted to the bank due to various reasons including cheap interest rate and easy banking facility. He added &quot;The crowd of customers in the bank will decrease with the commencement of ATM service.&quot; He informed that the ATM is being installed at present.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4969',
			'image' => '20170117114914_nepal-bank.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5165',
			'article_category_id' => '1',
			'title' => 'TCL among World's Best Brand List',
			'sub_title' => '',
			'summary' => 'January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world's 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided 'Global Display Tech Animation' awar',
			'content' => '<p style="text-align: justify;">January 17: Chinese multinational electronics equipment company TCL Corporation has been listed in world&#39;s 50 best electronic brands. International Data Corporation (IDC), an American information, communication and electronic equipments marketing service provider company listed the company in the world 50 best electronic brands. Similarly, TCL was also listed in top 10 Chinese electronic equipments manufacturing company. Likewise the company was provided &#39;Global Display Tech Animation&#39; award for its product TCL Quantum Dot TV. Moreover, it was also provided &#39;Manufacturing of TV with World Biggest Screen &#39;award.</p>

<p style="text-align: justify;">The company operating since 1981 has become one of the world finest electronics manufacturing company. The authorised distributor of TCL for Nepal is EOL under Chaudary Group.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4968',
			'image' => '20170117112408_tcl.JPG',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5163',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport',
			'sub_title' => '',
			'summary' => 'January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.',
			'content' => '<p style="text-align: justify;">January17: Qatar Airways has officially opened Qatar Airways Premium Lounge at Paris-Charles de Gaulle Airport. Akbar Al Baker, Chief Executive of Qatar Airways Group officially opened the new and luxurious Qatar Airways Premium Lounge on January 12. Issuing a press statement, the Airways said that it started the premium lounge in France to expand its market.</p>

<p style="text-align: justify;">Al Baker also used the occasion to announce the airline&rsquo;s forthcoming launch of direct flights to Nice. The airline will operate five-weekly services from its home and hub Hamad International Airport, Doha commencing July 4. Furthermore, it was announced that the route will be served by the airline&rsquo;s state-of-the-art Boeing 787 Dreamliner.</p>
',
			'published' => true,
			'created' => '2017-01-17',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4966',
			'image' => '20170117105446_qatar.jpg',
			'article_date' => '2017-01-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5162',
			'article_category_id' => '1',
			'title' => 'Parliament Ratifies Protocol Amending Marrakesh Agreement',
			'sub_title' => '',
			'summary' => 'January 16: The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation to be included in the schedule of the Agreement on Trade Facilitation  of the World Trade  Organisation',
			'content' => '<p><strong>January 16:</strong> The meeting of the Legistalure-Parliament held on January 13 has ratified the Protocal Amending the Marrakesh Agreement establishing the World Trade Organisation (WTO)&nbsp;to be included in the schedule of the Agreement on Trade Facilitation&nbsp; of the World Trade&nbsp; Organisation.</p>

<p>According to a press statement&nbsp;issued by the Ministry of&nbsp; Commerce, the agreement was endorsed&nbsp;by the ninth minister level conference of the WTO held in Bali, Indonesia on&nbsp;December 2013 after lengthy talks and discussions. &quot;Nepal had played a crucial role in finalising the&nbsp; agreement as a convenor of the&nbsp; least developed countries. &nbsp;The agreement to be implemented after aproval by two third members of the organisation is so far approved by the 106 members among the total 164 countries,&quot; &nbsp;reads the stattement. India, Bangladesh, Pakistan, Afghanistan and Sri Lanka have already ratified it from the south asia region.</p>

<p>&nbsp;The Trade Facilitation Agreement is aimed at&nbsp; minimizing the cost of international trade by streamlining the&nbsp; process of cross border&nbsp; transportation of goods, promoting good governance&nbsp; by developing legal and transparent customs system and guaranteeing&nbsp; the&nbsp; transit rights of landlocked countries.&nbsp; It is expected to make trade transparent, austere and effective and will help attract further foreign investment thereby making positive influence in the&nbsp;Nepali economy.</p>

<p>The provisions in the agreement have guaranteed financial and technical assistance to least developed countries like Nepal. There is also provision that countries will not be liable to implementing provisions in which financial and technical assistance is sought.</p>

<p>Some programs including policy and legal reform, customs modernization, trade infrastructure building, development and upgrading have been implemented in Nepal for trade facilitation. Nepal has already implemented some of the provisions.&nbsp;</p>

<p style="text-align:justify">&nbsp;It is expected that considerable contribution will be made in&nbsp; trade sector reform&nbsp; through trade facilitation at a time when Nepal had deteriorating&nbsp; competitive capacity due to&nbsp; our supply constraints and lack of increase of Nepal&rsquo;s export due to&nbsp; high trade costs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4965',
			'image' => null,
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5161',
			'article_category_id' => '1',
			'title' => 'Global IME in ASBA System',
			'sub_title' => '',
			'summary' => 'January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers. ',
			'content' => '<p style="text-align: justify;">January 16: Global IME Bank has obtained an approval for ASBA (Applications Supported by Blocked Amount) from Securities Board of Nepal (SEBON). The board provided the approval to the bank to collect application forms for initial public offering (IPO) and further public offering (FPO) and carry out various other tasks related with it. The bank informed that it joined the ASBA System for the convenience of the customers.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4964',
			'image' => '20170116022346_global.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5160',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Appoints Nabil Investment as Issue Manager',
			'sub_title' => '',
			'summary' => 'January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation. ',
			'content' => '<p style="text-align: justify;">January 16: Siddhartha Development Bank has appointed Nabil Investment as its Issue Manager. The bank appointed the issue manager in order to manage its forthcoming right shares issuance. Ajay Kumar Mishra, CEO of the bank and Prabin Raman Parajuli, CEO of Nabil Investment signed an agreement paper regarding the matter on behalf of their respective organisation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4963',
			'image' => '20170116021430_siddhartha.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5159',
			'article_category_id' => '1',
			'title' => 'Laxmi Bank Starts Integrated Transaction',
			'sub_title' => '',
			'summary' => 'January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.  With the integrated transaction, Laxmi Bank's branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs. ',
			'content' => '<p style="text-align: justify;">January 16: Professional Diyalo Bikash Bank has merged into Laxmi Bank. The bank after the merger started integrated transaction on January 15.</p>

<p style="text-align: justify;">With the integrated transaction, Laxmi Bank&#39;s branch has been started in Panchkhaal and Bhakudebesi of Kavre, Chautara of Sindhupalchowk, Bharatpur of Chitwan and Chipledhunga of Kaski. Similarly, the network of the bank has increased to 64 branches, two extension counters and 80 ATMs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-16',
			'modified' => '2017-01-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4962',
			'image' => '20170116020849_laxmi bank.jpg',
			'article_date' => '2017-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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