January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end…
January 3: Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless…
January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the…
January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter…
January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility.…
January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77th branch of the bank.…
January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2.…
January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath…
January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology…
January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the…
January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of…
January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and…
January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW…
January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries.…
January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5065', 'article_category_id' => '1', 'title' => 'NEA in PPA Deals with Micro Hydropower Projects', 'sub_title' => '', 'summary' => 'January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.', 'content' => '<p style="text-align:justify">January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.</p> <p style="text-align:justify">According to Nawaraj Dhakal, Director of Alternative Energy Promotion Centre (AEPC), NEA conducted PPA with three micro hydropower projects with less than 100KW capacity. "A MoU has also been signed between NEA and AEPC to add 10 more projects with capacity of more than 100KW to national transmission line," Dhakal added, saying, "The step of NEA connecting the national transmission line to the area will increase the utilization of micro hydropower projects."</p> <p style="text-align:justify">Such projects which were operated for rural electrification were consecutively closed due to the access of central transmission power. AEPC which is under the Ministry of Population and Environment has vowed to help Energy Ministry to end power cut.</p> <p style="text-align:justify"><strong>Grid Connected Solar </strong></p> <p style="text-align:justify">The demand of solar technology for domestic use has gone down due to end of power cuts in Kathmandu Valley and minimisation of power cuts all over the country. However, the solar technology for street lights has increased compared to earlier. "The concept of grid connected solar is being put forward with a target to fulfill the growing demand of electricity," Dhakal said. "Its initial use will be done by installing solar panel on the terrace of offices inside Singhadurbar and the produced electricity will be connected to grid and distributed in the related offices." Though the plan was formulated two years ago, it has not been implemented till date.</p> <p style="text-align:justify">The 18KW solar mini grid which was installed in Tanahun, Baidi VDC-2, Dubung one year ago is still in operation. The project was developed with the total cost of 15.49 million in which Rs 13.39 million was invested by AEPC, IPAD and UNSCAP and Rs 2.1 million by Saral Urja Nepal. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4870', 'image' => '20170103033634_micro hydro.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5064', 'article_category_id' => '1', 'title' => 'ISPs Stepping Back from Wireless Services', 'sub_title' => '', 'summary' => 'January 3: Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.', 'content' => '<p style="text-align: justify;">January 3:<strong> </strong>Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.</p> <p style="text-align: justify;">Many services provided by the ISPs used to be based on wireless service till two years ago. 60 percent of internet services in the country were based on wireless technology till October 2015 while the remaining were dial-up and cable based. However, in the recent time, ISPs are focused on providing cable internet services compared to wireless.</p> <p style="text-align: justify;">According to statistics of Nepal Telecommunications Authority (NTA) published in August/September, the share of wireless internet has reduced to around 30 percent of the overall services. The statistics which comprised of the customers of 26 different service providers shows that the ISPs have expanded their services to 132,825 customers. Among them, 109,739 customers are using cable internet, 4,474 are using dial-up and remaining 48,612 are wireless modem users. Two years ago, customers using wireless internet were more than 64,000. As per the NTA data, cable modem is replacing the wireless modem for internet services. Suman Lal Pradhan, President of Internet Service Provider of Nepal (ISPN) accepts the weaknesses of ISPs regarding the declining use of wireless technology.</p> <p style="text-align: justify;">Meanwhile, telecom services providers have been successful to capture a large portion of the internet services due to wireless technology. Wireless technology is based on frequency. ISPs have been providing wireless services through non-commercial frequencies. They have been providing internet services through normal frequencies that are being used in homes and offices due to the lack of the commercial frequency. </p> <p style="text-align: justify;">With the expansion of internet services, users are attracted towards high speed internet in the recent years. NTA has not distributed commercial frequency to the ISPs though it has been already decided to distribute frequency. “NTA has prepared a modality for the distribution,” says Min Prasad Aryal, Spokesperson of NTA. He further adds that the Authority has already sent a proposal that includes frequency auction modality and base price to the Ministry. “The distribution process will move ahead after we get approval from the Ministry,” he informs. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4869', 'image' => '20170103030848_isp.JPG', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5055', 'article_category_id' => '1', 'title' => ''New NRB Act will Increase Financial Thrive and Stability'', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.</p> <p style="text-align:justify">"The preface of NRB Act 2058 has been amended and made vast," said Ram Hari Neupane, NRB Director, Legal Division. According to him, the amended Act has already come into effect."NRB can now mobilise various financial and monetary tools as per the requirement in order to manage liquidity of the market," he added, "Previously, there were limited tools for liquidity management." The new Act has stressed on expansion of financial accessibility by strengthening the financial system through effective supervision and regulation of the BFIs.</p> <p style="text-align:justify">As per the amended Act, the capital of NRB has raised to Rs 5 billion from Rs 1 billion. The Act has given authority to NRB of conducting pre-liquidation process of BFIs under liquidation mechanism. Experts believe that the successful execution of the new Act will increase financial thrive and stability in the country. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4868', 'image' => '20170103113417_nrb.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5060', 'article_category_id' => '1', 'title' => 'NRB Hand Over NCC Management', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.</p> <p style="text-align:justify">NCC Bank was in merger process with four development banks including Supreme, International, Infrastructure and Apex Development Bank since November 27, 2015. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103014404_ncc.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5061', 'article_category_id' => '1', 'title' => 'Machhapuchchhre Bank Supports School', 'sub_title' => '', 'summary' => 'January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. ', 'content' => '<p style="text-align:justify">January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022833_macha.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5062', 'article_category_id' => '1', 'title' => 'NIC Asia Branch in Phidim', 'sub_title' => '', 'summary' => 'January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77th branch of the bank. ', 'content' => '<p style="text-align:justify">January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77<sup>th</sup> branch of the bank. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022811_machhapuchchrre.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5063', 'article_category_id' => '1', 'title' => 'Mirmire Microfinance appoints Prabhu Capital as Issue Manager', 'sub_title' => '', 'summary' => 'January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. ', 'content' => '<p style="text-align:justify">January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103024008_mirmire.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5056', 'article_category_id' => '1', 'title' => 'Global IME Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.', 'content' => '<p style="text-align:justify">January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.</p> <p style="text-align:justify">Established in January 2, 2007, the bank entered into 11<sup>th</sup> year of operation on Monday. The bank is providing its financial services through 91 branches, 103 ATMs, 6 extension counters and 44 branchless banking services. Moreover, the bank is providing remittance services from Australia, Malaysia, India, South Korea, Qatar, UAE and Bahrain. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103122853_global ime.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5057', 'article_category_id' => '1', 'title' => 'Himalayan Bank Supports Old Age Home', 'sub_title' => '', 'summary' => 'January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.', 'content' => '<p style="text-align:justify">January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103124431_himalayan bank.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5058', 'article_category_id' => '1', 'title' => 'WorldLink's New Scheme: Free IPTV for 3 months', 'sub_title' => '', 'summary' => 'January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.', 'content' => '<p>January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.</p> <p>According to the statement, annual subscriber of internet and IPTV will be entitled to the scheme. IP TV is the latest technology entering Nepal. The technology facilitates customers to watch TV by the means of internet cable. The company said that the customers can watch TV programs prior to one week under the technology. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103011210_worldlink.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5059', 'article_category_id' => '1', 'title' => 'Intex Retailers in Thailand Visit', 'sub_title' => '', 'summary' => 'January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.', 'content' => '<p style="text-align:justify">January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.</p> <p style="text-align:justify">"The retailers and employees will play an important role in sales and distribution and market expansion after the visit and distributors' meet," said Kusum Lama Yonjan, representative of Intex Smart Phone. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103012628_intex.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5054', 'article_category_id' => '1', 'title' => 'NT Starts 4G Service in Nepal ', 'sub_title' => '', 'summary' => 'January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.', 'content' => '<p>January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.</p> <p>In the initial phase, the company will provide services to 350,000 customers of the two regions. Similarly, NT is planning to expand the service in 15 sub-metropolitans in the second phase. Introduced in 2010 globally, the service arrived seven years later in Nepal. Currently, 4G services are available in more than 160 countries.</p> <p>Though Nepal was the first country among the SAARC countries to introduce 3G service, 4G services started notably late in the country. Nepal Telecommunications Authority (NTA) permitted NT to operate 4G service three months ago.</p> <p>Telecom received permission to run Technology Neutrality and 4G on 1800 band from NTA. Refarming the 15Mhz frequency among the 1800 band, NT started the LTE service by separating 10Mhz for GSM and remaining 5Mhz for 4G service. According to the company, internet speed of up to 32.4 Mb per second will be available from the 5Mhz frequency.</p> <p>“NTA is working on to manage frequency of existing 1800 band for maximum utilization on 4G service,” said Digambar Jha, Chairman of NTA. Speaking on the launch program, Surendra Kumar Karki, Minister for Information and Communication said that the 4G service will bring revolution in the field of information and technology.</p> <p>On the process of service, the company upgraded the status of popular sector sites and network. The upgradation of 380 and 25 BTS tower in Kathmandu and Pokhara respectively have been completed. NT is planning to add 59 towers immediately. For that, Chinese mobile company Huawei is assisting NT on infrastructure aspect. As per the company, till now expenditure of USD 3.6 million has been made to start 4G service.</p> <p>For now post-paid customers of NT can only use the service and have to wait for a month by pre-paid customers. 4G service can be activated in the rate of 2G or 3G. </p> <p>NT has brought promotional packages on the occasion of beginning of the service. Telecom is providing 4Gb data for four days with1Gb free data per day for the customer registering for 4G service. Likewise, the service will be currently unavailable in iPhone.</p> <p><strong>How to activate the service?</strong></p> <p>Dial *444# to know whether 4G services can be available or not and to activate the service. The service can be activated on free of charge. A signal of 4G or LTE will be seen in mobile after the activation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4864', 'image' => '20170102052518_nt.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5053', 'article_category_id' => '1', 'title' => 'Additional Import of 40MW Connected to National Grid', 'sub_title' => '', 'summary' => 'January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.', 'content' => '<p style="text-align: justify;">January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.</p> <p style="text-align: justify;">The electricity has been brought as per the Supplementary Power Trade Agreement between the Nepal Electricity Authority (NEA) and NTPC Vidhyut Vyapar Nigam. According to NEA Spokesperson Prabal Adhikari, the imported electricity will fulfill the demand of in the dry season. During the dry season, power production in the country reduces due to the lower level of flow of water in the rivers. "Another agreement for importing additional 40MW electricity from February1 has been reached to fulfill the demand which will rise with the dry season," he added, saying, "A 100 MVA transformer has been installed at the Muzaffarpur substation for additional import." As per the agreement, the additional power will cost Nepal Rs 5.60 per unit which the country has been paying to India currently. Last year, Nepal imported 347MW electricity from India. NEA has planned to import additional 220MW through four cross-border transmission lines. Under this, 40MW will be imported from Tanakpur-Mahedranagar transmission line, while the lines of Kataiya-Kusaha and Rakshaul-Parwanipur will supply 50MW each. The construction works of the transmission lines are being rapidly done for the purpose.</p> <p style="text-align: justify;">According to Adhikari, the increase in import of power is in a bid to ease the difficulties the country faces from load dispatch reduction. According to NEA, Kathmandu Valley and its nearby districts are free from power cut. Similarly, power cut has been reduced significantly all over the country.</p> <p style="text-align: justify;">However, due to the lack of transmission lines, the 40MW electricity imported from India has reached till Hetauda. The delay to complete the Dhalkewar-Khimti transmission line has been the reason for this. Energy minister Janardan Sharma who inspected the construction site earlier in December has directed for the speedy completion of the project.</p> <p style="text-align: justify;">"A tower near Sindhuligadi which is under high tension Line has to be shifted," informs Kiran Raj Timilsina, one of the members of inspection team. He said that Sharma has directed to shift the tower as soon as possible to an appropriate place in order to complete the construction work. Presently, the imported electricity will be consumed from Dhalkewar to Hetauda. Similarly, arrangements have been made to supply the power to Lahan district in case of emergency.</p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4863', 'image' => '20170102050220_transmission line.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5052', 'article_category_id' => '1', 'title' => 'Nepali Social Media 'Suvadin' Launched', 'sub_title' => '', 'summary' => 'January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. ', 'content' => '<p style="text-align: justify;">January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. </p> <p style="text-align: justify;"><br /> "Suvadin that started with a base of the revolution of expressions will soon be familiar to the Nepali community," said Sanat Kumar Neupane, CEO of Suvadin Media and Research Centre. </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4862', 'image' => '20170102011448_suvadin.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5051', 'article_category_id' => '1', 'title' => 'Upper Naugad Gad Obtains Generation License', 'sub_title' => '', 'summary' => 'January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.', 'content' => '<p style="text-align: justify;">January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.</p> <p style="text-align: justify;">The 8MW capacity project is a second project of Api Power. Before this, Api developed 8.5MW Naugad Gad Small Hydropower project and connected to national transmission line. The company has already concluded power purchase agreement (PPA) for produced electricity with Nepal Electricity Authority (NEA). Nepal SBI and Prabhu Bank are handling financial management of the project. According to the company, it will be functioning as per a plan of concluding the project within 17 months. </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4861', 'image' => '20170102122504_api.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5065', 'article_category_id' => '1', 'title' => 'NEA in PPA Deals with Micro Hydropower Projects', 'sub_title' => '', 'summary' => 'January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.', 'content' => '<p style="text-align:justify">January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.</p> <p style="text-align:justify">According to Nawaraj Dhakal, Director of Alternative Energy Promotion Centre (AEPC), NEA conducted PPA with three micro hydropower projects with less than 100KW capacity. "A MoU has also been signed between NEA and AEPC to add 10 more projects with capacity of more than 100KW to national transmission line," Dhakal added, saying, "The step of NEA connecting the national transmission line to the area will increase the utilization of micro hydropower projects."</p> <p style="text-align:justify">Such projects which were operated for rural electrification were consecutively closed due to the access of central transmission power. AEPC which is under the Ministry of Population and Environment has vowed to help Energy Ministry to end power cut.</p> <p style="text-align:justify"><strong>Grid Connected Solar </strong></p> <p style="text-align:justify">The demand of solar technology for domestic use has gone down due to end of power cuts in Kathmandu Valley and minimisation of power cuts all over the country. However, the solar technology for street lights has increased compared to earlier. "The concept of grid connected solar is being put forward with a target to fulfill the growing demand of electricity," Dhakal said. "Its initial use will be done by installing solar panel on the terrace of offices inside Singhadurbar and the produced electricity will be connected to grid and distributed in the related offices." Though the plan was formulated two years ago, it has not been implemented till date.</p> <p style="text-align:justify">The 18KW solar mini grid which was installed in Tanahun, Baidi VDC-2, Dubung one year ago is still in operation. The project was developed with the total cost of 15.49 million in which Rs 13.39 million was invested by AEPC, IPAD and UNSCAP and Rs 2.1 million by Saral Urja Nepal. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4870', 'image' => '20170103033634_micro hydro.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5064', 'article_category_id' => '1', 'title' => 'ISPs Stepping Back from Wireless Services', 'sub_title' => '', 'summary' => 'January 3: Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.', 'content' => '<p style="text-align: justify;">January 3:<strong> </strong>Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.</p> <p style="text-align: justify;">Many services provided by the ISPs used to be based on wireless service till two years ago. 60 percent of internet services in the country were based on wireless technology till October 2015 while the remaining were dial-up and cable based. However, in the recent time, ISPs are focused on providing cable internet services compared to wireless.</p> <p style="text-align: justify;">According to statistics of Nepal Telecommunications Authority (NTA) published in August/September, the share of wireless internet has reduced to around 30 percent of the overall services. The statistics which comprised of the customers of 26 different service providers shows that the ISPs have expanded their services to 132,825 customers. Among them, 109,739 customers are using cable internet, 4,474 are using dial-up and remaining 48,612 are wireless modem users. Two years ago, customers using wireless internet were more than 64,000. As per the NTA data, cable modem is replacing the wireless modem for internet services. Suman Lal Pradhan, President of Internet Service Provider of Nepal (ISPN) accepts the weaknesses of ISPs regarding the declining use of wireless technology.</p> <p style="text-align: justify;">Meanwhile, telecom services providers have been successful to capture a large portion of the internet services due to wireless technology. Wireless technology is based on frequency. ISPs have been providing wireless services through non-commercial frequencies. They have been providing internet services through normal frequencies that are being used in homes and offices due to the lack of the commercial frequency. </p> <p style="text-align: justify;">With the expansion of internet services, users are attracted towards high speed internet in the recent years. NTA has not distributed commercial frequency to the ISPs though it has been already decided to distribute frequency. “NTA has prepared a modality for the distribution,” says Min Prasad Aryal, Spokesperson of NTA. He further adds that the Authority has already sent a proposal that includes frequency auction modality and base price to the Ministry. “The distribution process will move ahead after we get approval from the Ministry,” he informs. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4869', 'image' => '20170103030848_isp.JPG', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5055', 'article_category_id' => '1', 'title' => ''New NRB Act will Increase Financial Thrive and Stability'', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.</p> <p style="text-align:justify">"The preface of NRB Act 2058 has been amended and made vast," said Ram Hari Neupane, NRB Director, Legal Division. According to him, the amended Act has already come into effect."NRB can now mobilise various financial and monetary tools as per the requirement in order to manage liquidity of the market," he added, "Previously, there were limited tools for liquidity management." The new Act has stressed on expansion of financial accessibility by strengthening the financial system through effective supervision and regulation of the BFIs.</p> <p style="text-align:justify">As per the amended Act, the capital of NRB has raised to Rs 5 billion from Rs 1 billion. The Act has given authority to NRB of conducting pre-liquidation process of BFIs under liquidation mechanism. Experts believe that the successful execution of the new Act will increase financial thrive and stability in the country. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4868', 'image' => '20170103113417_nrb.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5060', 'article_category_id' => '1', 'title' => 'NRB Hand Over NCC Management', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.</p> <p style="text-align:justify">NCC Bank was in merger process with four development banks including Supreme, International, Infrastructure and Apex Development Bank since November 27, 2015. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103014404_ncc.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5061', 'article_category_id' => '1', 'title' => 'Machhapuchchhre Bank Supports School', 'sub_title' => '', 'summary' => 'January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. ', 'content' => '<p style="text-align:justify">January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022833_macha.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5062', 'article_category_id' => '1', 'title' => 'NIC Asia Branch in Phidim', 'sub_title' => '', 'summary' => 'January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77th branch of the bank. ', 'content' => '<p style="text-align:justify">January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77<sup>th</sup> branch of the bank. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022811_machhapuchchrre.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5063', 'article_category_id' => '1', 'title' => 'Mirmire Microfinance appoints Prabhu Capital as Issue Manager', 'sub_title' => '', 'summary' => 'January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. ', 'content' => '<p style="text-align:justify">January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103024008_mirmire.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5056', 'article_category_id' => '1', 'title' => 'Global IME Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.', 'content' => '<p style="text-align:justify">January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.</p> <p style="text-align:justify">Established in January 2, 2007, the bank entered into 11<sup>th</sup> year of operation on Monday. The bank is providing its financial services through 91 branches, 103 ATMs, 6 extension counters and 44 branchless banking services. Moreover, the bank is providing remittance services from Australia, Malaysia, India, South Korea, Qatar, UAE and Bahrain. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103122853_global ime.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5057', 'article_category_id' => '1', 'title' => 'Himalayan Bank Supports Old Age Home', 'sub_title' => '', 'summary' => 'January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.', 'content' => '<p style="text-align:justify">January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103124431_himalayan bank.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5058', 'article_category_id' => '1', 'title' => 'WorldLink's New Scheme: Free IPTV for 3 months', 'sub_title' => '', 'summary' => 'January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.', 'content' => '<p>January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.</p> <p>According to the statement, annual subscriber of internet and IPTV will be entitled to the scheme. IP TV is the latest technology entering Nepal. The technology facilitates customers to watch TV by the means of internet cable. The company said that the customers can watch TV programs prior to one week under the technology. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103011210_worldlink.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5059', 'article_category_id' => '1', 'title' => 'Intex Retailers in Thailand Visit', 'sub_title' => '', 'summary' => 'January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.', 'content' => '<p style="text-align:justify">January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.</p> <p style="text-align:justify">"The retailers and employees will play an important role in sales and distribution and market expansion after the visit and distributors' meet," said Kusum Lama Yonjan, representative of Intex Smart Phone. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103012628_intex.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5054', 'article_category_id' => '1', 'title' => 'NT Starts 4G Service in Nepal ', 'sub_title' => '', 'summary' => 'January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.', 'content' => '<p>January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.</p> <p>In the initial phase, the company will provide services to 350,000 customers of the two regions. Similarly, NT is planning to expand the service in 15 sub-metropolitans in the second phase. Introduced in 2010 globally, the service arrived seven years later in Nepal. Currently, 4G services are available in more than 160 countries.</p> <p>Though Nepal was the first country among the SAARC countries to introduce 3G service, 4G services started notably late in the country. Nepal Telecommunications Authority (NTA) permitted NT to operate 4G service three months ago.</p> <p>Telecom received permission to run Technology Neutrality and 4G on 1800 band from NTA. Refarming the 15Mhz frequency among the 1800 band, NT started the LTE service by separating 10Mhz for GSM and remaining 5Mhz for 4G service. According to the company, internet speed of up to 32.4 Mb per second will be available from the 5Mhz frequency.</p> <p>“NTA is working on to manage frequency of existing 1800 band for maximum utilization on 4G service,” said Digambar Jha, Chairman of NTA. Speaking on the launch program, Surendra Kumar Karki, Minister for Information and Communication said that the 4G service will bring revolution in the field of information and technology.</p> <p>On the process of service, the company upgraded the status of popular sector sites and network. The upgradation of 380 and 25 BTS tower in Kathmandu and Pokhara respectively have been completed. NT is planning to add 59 towers immediately. For that, Chinese mobile company Huawei is assisting NT on infrastructure aspect. As per the company, till now expenditure of USD 3.6 million has been made to start 4G service.</p> <p>For now post-paid customers of NT can only use the service and have to wait for a month by pre-paid customers. 4G service can be activated in the rate of 2G or 3G. </p> <p>NT has brought promotional packages on the occasion of beginning of the service. Telecom is providing 4Gb data for four days with1Gb free data per day for the customer registering for 4G service. Likewise, the service will be currently unavailable in iPhone.</p> <p><strong>How to activate the service?</strong></p> <p>Dial *444# to know whether 4G services can be available or not and to activate the service. The service can be activated on free of charge. A signal of 4G or LTE will be seen in mobile after the activation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4864', 'image' => '20170102052518_nt.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5053', 'article_category_id' => '1', 'title' => 'Additional Import of 40MW Connected to National Grid', 'sub_title' => '', 'summary' => 'January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.', 'content' => '<p style="text-align: justify;">January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.</p> <p style="text-align: justify;">The electricity has been brought as per the Supplementary Power Trade Agreement between the Nepal Electricity Authority (NEA) and NTPC Vidhyut Vyapar Nigam. According to NEA Spokesperson Prabal Adhikari, the imported electricity will fulfill the demand of in the dry season. During the dry season, power production in the country reduces due to the lower level of flow of water in the rivers. "Another agreement for importing additional 40MW electricity from February1 has been reached to fulfill the demand which will rise with the dry season," he added, saying, "A 100 MVA transformer has been installed at the Muzaffarpur substation for additional import." As per the agreement, the additional power will cost Nepal Rs 5.60 per unit which the country has been paying to India currently. Last year, Nepal imported 347MW electricity from India. NEA has planned to import additional 220MW through four cross-border transmission lines. Under this, 40MW will be imported from Tanakpur-Mahedranagar transmission line, while the lines of Kataiya-Kusaha and Rakshaul-Parwanipur will supply 50MW each. The construction works of the transmission lines are being rapidly done for the purpose.</p> <p style="text-align: justify;">According to Adhikari, the increase in import of power is in a bid to ease the difficulties the country faces from load dispatch reduction. According to NEA, Kathmandu Valley and its nearby districts are free from power cut. Similarly, power cut has been reduced significantly all over the country.</p> <p style="text-align: justify;">However, due to the lack of transmission lines, the 40MW electricity imported from India has reached till Hetauda. The delay to complete the Dhalkewar-Khimti transmission line has been the reason for this. Energy minister Janardan Sharma who inspected the construction site earlier in December has directed for the speedy completion of the project.</p> <p style="text-align: justify;">"A tower near Sindhuligadi which is under high tension Line has to be shifted," informs Kiran Raj Timilsina, one of the members of inspection team. He said that Sharma has directed to shift the tower as soon as possible to an appropriate place in order to complete the construction work. Presently, the imported electricity will be consumed from Dhalkewar to Hetauda. Similarly, arrangements have been made to supply the power to Lahan district in case of emergency.</p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4863', 'image' => '20170102050220_transmission line.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5052', 'article_category_id' => '1', 'title' => 'Nepali Social Media 'Suvadin' Launched', 'sub_title' => '', 'summary' => 'January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. ', 'content' => '<p style="text-align: justify;">January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. </p> <p style="text-align: justify;"><br /> "Suvadin that started with a base of the revolution of expressions will soon be familiar to the Nepali community," said Sanat Kumar Neupane, CEO of Suvadin Media and Research Centre. </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4862', 'image' => '20170102011448_suvadin.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5051', 'article_category_id' => '1', 'title' => 'Upper Naugad Gad Obtains Generation License', 'sub_title' => '', 'summary' => 'January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.', 'content' => '<p style="text-align: justify;">January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.</p> <p style="text-align: justify;">The 8MW capacity project is a second project of Api Power. Before this, Api developed 8.5MW Naugad Gad Small Hydropower project and connected to national transmission line. The company has already concluded power purchase agreement (PPA) for produced electricity with Nepal Electricity Authority (NEA). Nepal SBI and Prabhu Bank are handling financial management of the project. According to the company, it will be functioning as per a plan of concluding the project within 17 months. </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4861', 'image' => '20170102122504_api.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '5065', 'article_category_id' => '1', 'title' => 'NEA in PPA Deals with Micro Hydropower Projects', 'sub_title' => '', 'summary' => 'January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.', 'content' => '<p style="text-align:justify">January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.</p> <p style="text-align:justify">According to Nawaraj Dhakal, Director of Alternative Energy Promotion Centre (AEPC), NEA conducted PPA with three micro hydropower projects with less than 100KW capacity. "A MoU has also been signed between NEA and AEPC to add 10 more projects with capacity of more than 100KW to national transmission line," Dhakal added, saying, "The step of NEA connecting the national transmission line to the area will increase the utilization of micro hydropower projects."</p> <p style="text-align:justify">Such projects which were operated for rural electrification were consecutively closed due to the access of central transmission power. AEPC which is under the Ministry of Population and Environment has vowed to help Energy Ministry to end power cut.</p> <p style="text-align:justify"><strong>Grid Connected Solar </strong></p> <p style="text-align:justify">The demand of solar technology for domestic use has gone down due to end of power cuts in Kathmandu Valley and minimisation of power cuts all over the country. However, the solar technology for street lights has increased compared to earlier. "The concept of grid connected solar is being put forward with a target to fulfill the growing demand of electricity," Dhakal said. "Its initial use will be done by installing solar panel on the terrace of offices inside Singhadurbar and the produced electricity will be connected to grid and distributed in the related offices." Though the plan was formulated two years ago, it has not been implemented till date.</p> <p style="text-align:justify">The 18KW solar mini grid which was installed in Tanahun, Baidi VDC-2, Dubung one year ago is still in operation. The project was developed with the total cost of 15.49 million in which Rs 13.39 million was invested by AEPC, IPAD and UNSCAP and Rs 2.1 million by Saral Urja Nepal. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4870', 'image' => '20170103033634_micro hydro.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5064', 'article_category_id' => '1', 'title' => 'ISPs Stepping Back from Wireless Services', 'sub_title' => '', 'summary' => 'January 3: Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.', 'content' => '<p style="text-align: justify;">January 3:<strong> </strong>Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.</p> <p style="text-align: justify;">Many services provided by the ISPs used to be based on wireless service till two years ago. 60 percent of internet services in the country were based on wireless technology till October 2015 while the remaining were dial-up and cable based. However, in the recent time, ISPs are focused on providing cable internet services compared to wireless.</p> <p style="text-align: justify;">According to statistics of Nepal Telecommunications Authority (NTA) published in August/September, the share of wireless internet has reduced to around 30 percent of the overall services. The statistics which comprised of the customers of 26 different service providers shows that the ISPs have expanded their services to 132,825 customers. Among them, 109,739 customers are using cable internet, 4,474 are using dial-up and remaining 48,612 are wireless modem users. Two years ago, customers using wireless internet were more than 64,000. As per the NTA data, cable modem is replacing the wireless modem for internet services. Suman Lal Pradhan, President of Internet Service Provider of Nepal (ISPN) accepts the weaknesses of ISPs regarding the declining use of wireless technology.</p> <p style="text-align: justify;">Meanwhile, telecom services providers have been successful to capture a large portion of the internet services due to wireless technology. Wireless technology is based on frequency. ISPs have been providing wireless services through non-commercial frequencies. They have been providing internet services through normal frequencies that are being used in homes and offices due to the lack of the commercial frequency. </p> <p style="text-align: justify;">With the expansion of internet services, users are attracted towards high speed internet in the recent years. NTA has not distributed commercial frequency to the ISPs though it has been already decided to distribute frequency. “NTA has prepared a modality for the distribution,” says Min Prasad Aryal, Spokesperson of NTA. He further adds that the Authority has already sent a proposal that includes frequency auction modality and base price to the Ministry. “The distribution process will move ahead after we get approval from the Ministry,” he informs. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4869', 'image' => '20170103030848_isp.JPG', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5055', 'article_category_id' => '1', 'title' => ''New NRB Act will Increase Financial Thrive and Stability'', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.</p> <p style="text-align:justify">"The preface of NRB Act 2058 has been amended and made vast," said Ram Hari Neupane, NRB Director, Legal Division. According to him, the amended Act has already come into effect."NRB can now mobilise various financial and monetary tools as per the requirement in order to manage liquidity of the market," he added, "Previously, there were limited tools for liquidity management." The new Act has stressed on expansion of financial accessibility by strengthening the financial system through effective supervision and regulation of the BFIs.</p> <p style="text-align:justify">As per the amended Act, the capital of NRB has raised to Rs 5 billion from Rs 1 billion. The Act has given authority to NRB of conducting pre-liquidation process of BFIs under liquidation mechanism. Experts believe that the successful execution of the new Act will increase financial thrive and stability in the country. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4868', 'image' => '20170103113417_nrb.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5060', 'article_category_id' => '1', 'title' => 'NRB Hand Over NCC Management', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.</p> <p style="text-align:justify">NCC Bank was in merger process with four development banks including Supreme, International, Infrastructure and Apex Development Bank since November 27, 2015. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103014404_ncc.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5061', 'article_category_id' => '1', 'title' => 'Machhapuchchhre Bank Supports School', 'sub_title' => '', 'summary' => 'January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. ', 'content' => '<p style="text-align:justify">January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022833_macha.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5062', 'article_category_id' => '1', 'title' => 'NIC Asia Branch in Phidim', 'sub_title' => '', 'summary' => 'January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77th branch of the bank. ', 'content' => '<p style="text-align:justify">January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77<sup>th</sup> branch of the bank. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022811_machhapuchchrre.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5063', 'article_category_id' => '1', 'title' => 'Mirmire Microfinance appoints Prabhu Capital as Issue Manager', 'sub_title' => '', 'summary' => 'January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. ', 'content' => '<p style="text-align:justify">January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103024008_mirmire.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5056', 'article_category_id' => '1', 'title' => 'Global IME Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.', 'content' => '<p style="text-align:justify">January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.</p> <p style="text-align:justify">Established in January 2, 2007, the bank entered into 11<sup>th</sup> year of operation on Monday. The bank is providing its financial services through 91 branches, 103 ATMs, 6 extension counters and 44 branchless banking services. Moreover, the bank is providing remittance services from Australia, Malaysia, India, South Korea, Qatar, UAE and Bahrain. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103122853_global ime.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5057', 'article_category_id' => '1', 'title' => 'Himalayan Bank Supports Old Age Home', 'sub_title' => '', 'summary' => 'January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.', 'content' => '<p style="text-align:justify">January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103124431_himalayan bank.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5058', 'article_category_id' => '1', 'title' => 'WorldLink's New Scheme: Free IPTV for 3 months', 'sub_title' => '', 'summary' => 'January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.', 'content' => '<p>January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.</p> <p>According to the statement, annual subscriber of internet and IPTV will be entitled to the scheme. IP TV is the latest technology entering Nepal. The technology facilitates customers to watch TV by the means of internet cable. The company said that the customers can watch TV programs prior to one week under the technology. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103011210_worldlink.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5059', 'article_category_id' => '1', 'title' => 'Intex Retailers in Thailand Visit', 'sub_title' => '', 'summary' => 'January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.', 'content' => '<p style="text-align:justify">January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.</p> <p style="text-align:justify">"The retailers and employees will play an important role in sales and distribution and market expansion after the visit and distributors' meet," said Kusum Lama Yonjan, representative of Intex Smart Phone. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103012628_intex.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5054', 'article_category_id' => '1', 'title' => 'NT Starts 4G Service in Nepal ', 'sub_title' => '', 'summary' => 'January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.', 'content' => '<p>January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.</p> <p>In the initial phase, the company will provide services to 350,000 customers of the two regions. Similarly, NT is planning to expand the service in 15 sub-metropolitans in the second phase. Introduced in 2010 globally, the service arrived seven years later in Nepal. Currently, 4G services are available in more than 160 countries.</p> <p>Though Nepal was the first country among the SAARC countries to introduce 3G service, 4G services started notably late in the country. Nepal Telecommunications Authority (NTA) permitted NT to operate 4G service three months ago.</p> <p>Telecom received permission to run Technology Neutrality and 4G on 1800 band from NTA. Refarming the 15Mhz frequency among the 1800 band, NT started the LTE service by separating 10Mhz for GSM and remaining 5Mhz for 4G service. According to the company, internet speed of up to 32.4 Mb per second will be available from the 5Mhz frequency.</p> <p>“NTA is working on to manage frequency of existing 1800 band for maximum utilization on 4G service,” said Digambar Jha, Chairman of NTA. Speaking on the launch program, Surendra Kumar Karki, Minister for Information and Communication said that the 4G service will bring revolution in the field of information and technology.</p> <p>On the process of service, the company upgraded the status of popular sector sites and network. The upgradation of 380 and 25 BTS tower in Kathmandu and Pokhara respectively have been completed. NT is planning to add 59 towers immediately. For that, Chinese mobile company Huawei is assisting NT on infrastructure aspect. As per the company, till now expenditure of USD 3.6 million has been made to start 4G service.</p> <p>For now post-paid customers of NT can only use the service and have to wait for a month by pre-paid customers. 4G service can be activated in the rate of 2G or 3G. </p> <p>NT has brought promotional packages on the occasion of beginning of the service. Telecom is providing 4Gb data for four days with1Gb free data per day for the customer registering for 4G service. Likewise, the service will be currently unavailable in iPhone.</p> <p><strong>How to activate the service?</strong></p> <p>Dial *444# to know whether 4G services can be available or not and to activate the service. The service can be activated on free of charge. A signal of 4G or LTE will be seen in mobile after the activation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4864', 'image' => '20170102052518_nt.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5053', 'article_category_id' => '1', 'title' => 'Additional Import of 40MW Connected to National Grid', 'sub_title' => '', 'summary' => 'January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.', 'content' => '<p style="text-align: justify;">January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.</p> <p style="text-align: justify;">The electricity has been brought as per the Supplementary Power Trade Agreement between the Nepal Electricity Authority (NEA) and NTPC Vidhyut Vyapar Nigam. According to NEA Spokesperson Prabal Adhikari, the imported electricity will fulfill the demand of in the dry season. During the dry season, power production in the country reduces due to the lower level of flow of water in the rivers. "Another agreement for importing additional 40MW electricity from February1 has been reached to fulfill the demand which will rise with the dry season," he added, saying, "A 100 MVA transformer has been installed at the Muzaffarpur substation for additional import." As per the agreement, the additional power will cost Nepal Rs 5.60 per unit which the country has been paying to India currently. Last year, Nepal imported 347MW electricity from India. NEA has planned to import additional 220MW through four cross-border transmission lines. Under this, 40MW will be imported from Tanakpur-Mahedranagar transmission line, while the lines of Kataiya-Kusaha and Rakshaul-Parwanipur will supply 50MW each. The construction works of the transmission lines are being rapidly done for the purpose.</p> <p style="text-align: justify;">According to Adhikari, the increase in import of power is in a bid to ease the difficulties the country faces from load dispatch reduction. According to NEA, Kathmandu Valley and its nearby districts are free from power cut. Similarly, power cut has been reduced significantly all over the country.</p> <p style="text-align: justify;">However, due to the lack of transmission lines, the 40MW electricity imported from India has reached till Hetauda. The delay to complete the Dhalkewar-Khimti transmission line has been the reason for this. Energy minister Janardan Sharma who inspected the construction site earlier in December has directed for the speedy completion of the project.</p> <p style="text-align: justify;">"A tower near Sindhuligadi which is under high tension Line has to be shifted," informs Kiran Raj Timilsina, one of the members of inspection team. He said that Sharma has directed to shift the tower as soon as possible to an appropriate place in order to complete the construction work. Presently, the imported electricity will be consumed from Dhalkewar to Hetauda. Similarly, arrangements have been made to supply the power to Lahan district in case of emergency.</p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4863', 'image' => '20170102050220_transmission line.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5052', 'article_category_id' => '1', 'title' => 'Nepali Social Media 'Suvadin' Launched', 'sub_title' => '', 'summary' => 'January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. ', 'content' => '<p style="text-align: justify;">January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. </p> <p style="text-align: justify;"><br /> "Suvadin that started with a base of the revolution of expressions will soon be familiar to the Nepali community," said Sanat Kumar Neupane, CEO of Suvadin Media and Research Centre. </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4862', 'image' => '20170102011448_suvadin.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5051', 'article_category_id' => '1', 'title' => 'Upper Naugad Gad Obtains Generation License', 'sub_title' => '', 'summary' => 'January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.', 'content' => '<p style="text-align: justify;">January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.</p> <p style="text-align: justify;">The 8MW capacity project is a second project of Api Power. Before this, Api developed 8.5MW Naugad Gad Small Hydropower project and connected to national transmission line. The company has already concluded power purchase agreement (PPA) for produced electricity with Nepal Electricity Authority (NEA). Nepal SBI and Prabhu Bank are handling financial management of the project. According to the company, it will be functioning as per a plan of concluding the project within 17 months. </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4861', 'image' => '20170102122504_api.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.', 'content' => '<p style="text-align:justify">January 3: Nepal Electricity Authority has forwarded power purchase agreement (PPA) with micro hydropower project. NEA undertook the agreement with the micro hydropower projects with an aim to connect all available power in the national transmission line in support of power-cut end campaign.</p> <p style="text-align:justify">According to Nawaraj Dhakal, Director of Alternative Energy Promotion Centre (AEPC), NEA conducted PPA with three micro hydropower projects with less than 100KW capacity. "A MoU has also been signed between NEA and AEPC to add 10 more projects with capacity of more than 100KW to national transmission line," Dhakal added, saying, "The step of NEA connecting the national transmission line to the area will increase the utilization of micro hydropower projects."</p> <p style="text-align:justify">Such projects which were operated for rural electrification were consecutively closed due to the access of central transmission power. AEPC which is under the Ministry of Population and Environment has vowed to help Energy Ministry to end power cut.</p> <p style="text-align:justify"><strong>Grid Connected Solar </strong></p> <p style="text-align:justify">The demand of solar technology for domestic use has gone down due to end of power cuts in Kathmandu Valley and minimisation of power cuts all over the country. However, the solar technology for street lights has increased compared to earlier. "The concept of grid connected solar is being put forward with a target to fulfill the growing demand of electricity," Dhakal said. "Its initial use will be done by installing solar panel on the terrace of offices inside Singhadurbar and the produced electricity will be connected to grid and distributed in the related offices." Though the plan was formulated two years ago, it has not been implemented till date.</p> <p style="text-align:justify">The 18KW solar mini grid which was installed in Tanahun, Baidi VDC-2, Dubung one year ago is still in operation. The project was developed with the total cost of 15.49 million in which Rs 13.39 million was invested by AEPC, IPAD and UNSCAP and Rs 2.1 million by Saral Urja Nepal. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4870', 'image' => '20170103033634_micro hydro.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5064', 'article_category_id' => '1', 'title' => 'ISPs Stepping Back from Wireless Services', 'sub_title' => '', 'summary' => 'January 3: Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.', 'content' => '<p style="text-align: justify;">January 3:<strong> </strong>Nepali internet service providers (ISP) are seen reluctant to expand their wireless services. Due to the lack of commercial frequency for wireless internet services, ISPs are taking their steps back from wireless technology.</p> <p style="text-align: justify;">Many services provided by the ISPs used to be based on wireless service till two years ago. 60 percent of internet services in the country were based on wireless technology till October 2015 while the remaining were dial-up and cable based. However, in the recent time, ISPs are focused on providing cable internet services compared to wireless.</p> <p style="text-align: justify;">According to statistics of Nepal Telecommunications Authority (NTA) published in August/September, the share of wireless internet has reduced to around 30 percent of the overall services. The statistics which comprised of the customers of 26 different service providers shows that the ISPs have expanded their services to 132,825 customers. Among them, 109,739 customers are using cable internet, 4,474 are using dial-up and remaining 48,612 are wireless modem users. Two years ago, customers using wireless internet were more than 64,000. As per the NTA data, cable modem is replacing the wireless modem for internet services. Suman Lal Pradhan, President of Internet Service Provider of Nepal (ISPN) accepts the weaknesses of ISPs regarding the declining use of wireless technology.</p> <p style="text-align: justify;">Meanwhile, telecom services providers have been successful to capture a large portion of the internet services due to wireless technology. Wireless technology is based on frequency. ISPs have been providing wireless services through non-commercial frequencies. They have been providing internet services through normal frequencies that are being used in homes and offices due to the lack of the commercial frequency. </p> <p style="text-align: justify;">With the expansion of internet services, users are attracted towards high speed internet in the recent years. NTA has not distributed commercial frequency to the ISPs though it has been already decided to distribute frequency. “NTA has prepared a modality for the distribution,” says Min Prasad Aryal, Spokesperson of NTA. He further adds that the Authority has already sent a proposal that includes frequency auction modality and base price to the Ministry. “The distribution process will move ahead after we get approval from the Ministry,” he informs. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4869', 'image' => '20170103030848_isp.JPG', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5055', 'article_category_id' => '1', 'title' => ''New NRB Act will Increase Financial Thrive and Stability'', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has implemented Nepal Rastra Bank Act 2073 in a bid to make Nepali banks and financial institutions (BFIs) disciplined, transparent and up-to-date. The NRB Act 2073 which was endorsed by Parliament came into effect after verification from the President on November 14. The new Nepal Rastra Bank Act 2073 has been brought by terminating and modifying several mechanisms of the erstwhile Act and adding six new mechanisms. NRB claims that the new Act will further strengthen the BFIs.</p> <p style="text-align:justify">"The preface of NRB Act 2058 has been amended and made vast," said Ram Hari Neupane, NRB Director, Legal Division. According to him, the amended Act has already come into effect."NRB can now mobilise various financial and monetary tools as per the requirement in order to manage liquidity of the market," he added, "Previously, there were limited tools for liquidity management." The new Act has stressed on expansion of financial accessibility by strengthening the financial system through effective supervision and regulation of the BFIs.</p> <p style="text-align:justify">As per the amended Act, the capital of NRB has raised to Rs 5 billion from Rs 1 billion. The Act has given authority to NRB of conducting pre-liquidation process of BFIs under liquidation mechanism. Experts believe that the successful execution of the new Act will increase financial thrive and stability in the country. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4868', 'image' => '20170103113417_nrb.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5060', 'article_category_id' => '1', 'title' => 'NRB Hand Over NCC Management', 'sub_title' => '', 'summary' => 'January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.', 'content' => '<p style="text-align:justify">January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.</p> <p style="text-align:justify">NCC Bank was in merger process with four development banks including Supreme, International, Infrastructure and Apex Development Bank since November 27, 2015. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103014404_ncc.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5061', 'article_category_id' => '1', 'title' => 'Machhapuchchhre Bank Supports School', 'sub_title' => '', 'summary' => 'January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. ', 'content' => '<p style="text-align:justify">January 3: Machhapuchchhre Bank has supported schools through its various branches. Under its corporate social responsibility, the bank's Dhankuta branch distributed clothes and stationery to differently able students of Shree Margeshwori Primary School, Chargaun. Similarly, Pokhara branch handed over desks and benches to Saraswati Aadharbhut School of Dikhaleshwor. The bank informed of conducting various activities through various branches with a slogan 'Every Month One Social Responsibility' under its corporate social responsibility. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022833_macha.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5062', 'article_category_id' => '1', 'title' => 'NIC Asia Branch in Phidim', 'sub_title' => '', 'summary' => 'January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77th branch of the bank. ', 'content' => '<p style="text-align:justify">January 3: NIC Asia has started a branch at Phidim of Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries, inaugurated the branch amid a program. "The branch has been started aiming to provide banking services to the customers of rural area," said Sujan Rai, Regional Manager of the bank. According to Bijay Bist, Manager of the branch, the branch will provide easy loan up to Rs 700,000 to female entrepreneurs. It is 77<sup>th</sup> branch of the bank. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103022811_machhapuchchrre.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5063', 'article_category_id' => '1', 'title' => 'Mirmire Microfinance appoints Prabhu Capital as Issue Manager', 'sub_title' => '', 'summary' => 'January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. ', 'content' => '<p style="text-align:justify">January 3: Mirmire Microfinance Development Bank has appointed Prabhu Capital as its Issue Manager. The bank appointed Prabhu Capital as Issue Manager to float its right shares. Roshan Kumar Adhikari, CEO of Mirmire and Shanker Prasad Kalikot, General Manager of Prabhu Capital signed an agreement paper regarding the matter amid a program on January 2. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4866', 'image' => '20170103024008_mirmire.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5056', 'article_category_id' => '1', 'title' => 'Global IME Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.', 'content' => '<p style="text-align:justify">January 3: Global IME Bank has organised blood donation and free diabetes check-up program on the occasion of its anniversary. The bank with a slogan 'Raktadan nei Jeevan Dan' organised the programs in Kantipath branch.</p> <p style="text-align:justify">Established in January 2, 2007, the bank entered into 11<sup>th</sup> year of operation on Monday. The bank is providing its financial services through 91 branches, 103 ATMs, 6 extension counters and 44 branchless banking services. Moreover, the bank is providing remittance services from Australia, Malaysia, India, South Korea, Qatar, UAE and Bahrain. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103122853_global ime.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5057', 'article_category_id' => '1', 'title' => 'Himalayan Bank Supports Old Age Home', 'sub_title' => '', 'summary' => 'January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.', 'content' => '<p style="text-align:justify">January 3: Himalayan Bank has supported 'Siddhi Memorial Paediatric and Gynaecology Hospital and Old Age Home' at Bhaktapur. The bank under its corporate social responsibility provided two sets of 32 inches television and two sets of computer to the organisation. Moreover, the bank also provided 10,000 bundles of OPD ticket to the hospital. Sushil Joshi, General Manager of the bank handed over the support items to Shyam Sunder Dhauvadel, Chairman of the organisation on January 2. The hospital which was established on 2003 particularly provides paediatric, Obstetrics and Gynaecology services.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103124431_himalayan bank.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5058', 'article_category_id' => '1', 'title' => 'WorldLink's New Scheme: Free IPTV for 3 months', 'sub_title' => '', 'summary' => 'January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.', 'content' => '<p>January 3: WorldLink Communication has launched a new offer on the occasion of the New Year 2017. Under the New Year scheme, customers will be given additional six folds data along with free installation and free router. The company will provide advance internet protocol (IP) TV for free of charge till three months. Moreover, the set up box required to connect IP TV will be given with 50 per cent discount, informs the press statement issued by the company.</p> <p>According to the statement, annual subscriber of internet and IPTV will be entitled to the scheme. IP TV is the latest technology entering Nepal. The technology facilitates customers to watch TV by the means of internet cable. The company said that the customers can watch TV programs prior to one week under the technology. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103011210_worldlink.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5059', 'article_category_id' => '1', 'title' => 'Intex Retailers in Thailand Visit', 'sub_title' => '', 'summary' => 'January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.', 'content' => '<p style="text-align:justify">January 3: CG Impex, the authorised distributor of Indian mobile company 'Intex ' has sent 50 best retailers and employees to Thailand visit. The company sent the 50 best performers who achieved the target as per scheme to 4 nights 5 days visit of Bangkok and Pattaya of Thailand.</p> <p style="text-align:justify">"The retailers and employees will play an important role in sales and distribution and market expansion after the visit and distributors' meet," said Kusum Lama Yonjan, representative of Intex Smart Phone. </p> ', 'published' => true, 'created' => '2017-01-03', 'modified' => '2017-01-03', 'keywords' => '', 'description' => '', 'sortorder' => '4865', 'image' => '20170103012628_intex.jpg', 'article_date' => '2017-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5054', 'article_category_id' => '1', 'title' => 'NT Starts 4G Service in Nepal ', 'sub_title' => '', 'summary' => 'January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.', 'content' => '<p>January 2:After a long wait, Nepal Telecom has launched 4G service in Nepal based on long term evolution (LTE) technology. It is the first time in the country that a mobile service provider has started 4G service. NT on January 1began the new service with the soft launch of 4G in Kathmandu valley and Pokhara.</p> <p>In the initial phase, the company will provide services to 350,000 customers of the two regions. Similarly, NT is planning to expand the service in 15 sub-metropolitans in the second phase. Introduced in 2010 globally, the service arrived seven years later in Nepal. Currently, 4G services are available in more than 160 countries.</p> <p>Though Nepal was the first country among the SAARC countries to introduce 3G service, 4G services started notably late in the country. Nepal Telecommunications Authority (NTA) permitted NT to operate 4G service three months ago.</p> <p>Telecom received permission to run Technology Neutrality and 4G on 1800 band from NTA. Refarming the 15Mhz frequency among the 1800 band, NT started the LTE service by separating 10Mhz for GSM and remaining 5Mhz for 4G service. According to the company, internet speed of up to 32.4 Mb per second will be available from the 5Mhz frequency.</p> <p>“NTA is working on to manage frequency of existing 1800 band for maximum utilization on 4G service,” said Digambar Jha, Chairman of NTA. Speaking on the launch program, Surendra Kumar Karki, Minister for Information and Communication said that the 4G service will bring revolution in the field of information and technology.</p> <p>On the process of service, the company upgraded the status of popular sector sites and network. The upgradation of 380 and 25 BTS tower in Kathmandu and Pokhara respectively have been completed. NT is planning to add 59 towers immediately. For that, Chinese mobile company Huawei is assisting NT on infrastructure aspect. As per the company, till now expenditure of USD 3.6 million has been made to start 4G service.</p> <p>For now post-paid customers of NT can only use the service and have to wait for a month by pre-paid customers. 4G service can be activated in the rate of 2G or 3G. </p> <p>NT has brought promotional packages on the occasion of beginning of the service. Telecom is providing 4Gb data for four days with1Gb free data per day for the customer registering for 4G service. Likewise, the service will be currently unavailable in iPhone.</p> <p><strong>How to activate the service?</strong></p> <p>Dial *444# to know whether 4G services can be available or not and to activate the service. The service can be activated on free of charge. A signal of 4G or LTE will be seen in mobile after the activation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4864', 'image' => '20170102052518_nt.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5053', 'article_category_id' => '1', 'title' => 'Additional Import of 40MW Connected to National Grid', 'sub_title' => '', 'summary' => 'January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.', 'content' => '<p style="text-align: justify;">January 2: 40 MW electricity imported from India has been connected to the Central Transmission Line of Nepal Electricity Authority (NEA) from Saturday night. The additional power has been imported through Dhalkewar-Muzaffarpur cross-border transmission line. Earlier, the transmission line was supplying 80MW electricity.</p> <p style="text-align: justify;">The electricity has been brought as per the Supplementary Power Trade Agreement between the Nepal Electricity Authority (NEA) and NTPC Vidhyut Vyapar Nigam. According to NEA Spokesperson Prabal Adhikari, the imported electricity will fulfill the demand of in the dry season. During the dry season, power production in the country reduces due to the lower level of flow of water in the rivers. "Another agreement for importing additional 40MW electricity from February1 has been reached to fulfill the demand which will rise with the dry season," he added, saying, "A 100 MVA transformer has been installed at the Muzaffarpur substation for additional import." As per the agreement, the additional power will cost Nepal Rs 5.60 per unit which the country has been paying to India currently. Last year, Nepal imported 347MW electricity from India. NEA has planned to import additional 220MW through four cross-border transmission lines. Under this, 40MW will be imported from Tanakpur-Mahedranagar transmission line, while the lines of Kataiya-Kusaha and Rakshaul-Parwanipur will supply 50MW each. The construction works of the transmission lines are being rapidly done for the purpose.</p> <p style="text-align: justify;">According to Adhikari, the increase in import of power is in a bid to ease the difficulties the country faces from load dispatch reduction. According to NEA, Kathmandu Valley and its nearby districts are free from power cut. Similarly, power cut has been reduced significantly all over the country.</p> <p style="text-align: justify;">However, due to the lack of transmission lines, the 40MW electricity imported from India has reached till Hetauda. The delay to complete the Dhalkewar-Khimti transmission line has been the reason for this. Energy minister Janardan Sharma who inspected the construction site earlier in December has directed for the speedy completion of the project.</p> <p style="text-align: justify;">"A tower near Sindhuligadi which is under high tension Line has to be shifted," informs Kiran Raj Timilsina, one of the members of inspection team. He said that Sharma has directed to shift the tower as soon as possible to an appropriate place in order to complete the construction work. Presently, the imported electricity will be consumed from Dhalkewar to Hetauda. Similarly, arrangements have been made to supply the power to Lahan district in case of emergency.</p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4863', 'image' => '20170102050220_transmission line.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5052', 'article_category_id' => '1', 'title' => 'Nepali Social Media 'Suvadin' Launched', 'sub_title' => '', 'summary' => 'January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. ', 'content' => '<p style="text-align: justify;">January 2: Suvadin Media and Research Centre has launched a social media site 'suvadin.com'. According to the company, the objective behind the launch of the social site is ensuring freedom of expression to every Nepali. Apart from information dissemination, suvadin.com has included many features which will promote social relation and intercommunication. The developer believes that the site will earn its share of recognition with its various features including causes, complaints, praises, autograph, clubs, infotices, and polls. According to the company, suvadin will be represented in 60 countries. </p> <p style="text-align: justify;"><br /> "Suvadin that started with a base of the revolution of expressions will soon be familiar to the Nepali community," said Sanat Kumar Neupane, CEO of Suvadin Media and Research Centre. </p> <p> </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4862', 'image' => '20170102011448_suvadin.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5051', 'article_category_id' => '1', 'title' => 'Upper Naugad Gad Obtains Generation License', 'sub_title' => '', 'summary' => 'January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.', 'content' => '<p style="text-align: justify;">January 2: Upper Naugad Gad Hydropower Project being developed by Api Power Company has obtained generation license from Department of Electricity Development.</p> <p style="text-align: justify;">The 8MW capacity project is a second project of Api Power. Before this, Api developed 8.5MW Naugad Gad Small Hydropower project and connected to national transmission line. The company has already concluded power purchase agreement (PPA) for produced electricity with Nepal Electricity Authority (NEA). Nepal SBI and Prabhu Bank are handling financial management of the project. According to the company, it will be functioning as per a plan of concluding the project within 17 months. </p> ', 'published' => true, 'created' => '2017-01-02', 'modified' => '2017-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '4861', 'image' => '20170102122504_api.jpg', 'article_date' => '2017-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
