January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW…
January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW…
Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council…
Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the…
January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life…
Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its…
January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its…
January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal…
January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank…
January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED…
January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its…
January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary…
January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza,…
January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s…
January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January…
January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet.…
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The bank said in a statement that the grid-tie solar roof-top will be placed its head office inBabarmahal, Kathmandu.</p> <p> Under the power purchase agreement, SUN will install, own and operate the solar roof-top for 15 years. As per the agreement, NMB Bank will purchase all the electricity generated from the solar roof-top at a price lower than their retail grid electricity tariff with no up-front investment.</p> <p> “This initiative reaffirms NMB’s commitment to expanding and financing renewable energy in Nepal. Not only will part of our own electricity requirements be met through solar energy, but we will also use this to expand financing of solar roof-top solutions across Nepal,” said Sunil KC, CEO of NMB Bank.</p> <p> The bank said that the 50 kW solar energywill also help to avoid 2 million kWhimports and reduce imports by Rs20 million over the project’s life.</p> <p> “We welcome the decision of Nepal Electricity Authority to allow net metering, a system that allows users to connect their solar system to the grid and export the excess electricity to the grid. Net metering has opened up tremendous opportunities for Nepal to diversify its generation base, reduce electricity costs to consumers, avoid imports and help build a more reliable electricity grid,” said BishalThapa, managing directorof SaralUrja Nepal.</p> <p> The agreement between NMB Bank and SUN is also intended to expand financing of such solar roof-top systems across Nepal.</p> <p> “The system at NMB is a unique model where customers can get a solar roof-top system with no upfront investment and pay a rate for solar electricity that is lower than NEA’s tariff. We believe that through this system we can achieve 500 MW of solar roof-top within the next five years,” said Aashish Chalise, CEO of SUN.</p> <p> NMB and SUN are working towards a financing facility that will enable SUN to offer the solar energy services across Nepal.</p> <p> “Following this project, we expect to partner with SUN in launching a financing facility to expand the application of solar roof-top across Nepal that will allow customers to save money, diversify Nepal’s generation, reduces electricity imports and create many new jobs,” saidDinesh Dulal, head of Energy & Development Organization.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9598', 'image' => '20190122115047_PPA signing.jpg', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 1 => array( 'Article' => array( 'id' => '9826', 'article_category_id' => '266', 'title' => 'SCWEC Declares Shrestha as Best Nepali Entrepreneur', 'sub_title' => '', 'summary' => 'Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC).', 'content' => '<p> January 14: Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC). According to the chairperson of the council, Rita Bhandari, Shrestha was declared the winner out of the ten finalists amid a function in Kathmandu on Friday, January 11.</p> <p> Shrestha will compete for the Best SAARC Woman Entrepreneur Award 2018 to be held in Sri Lanka on March 2.</p> <p> Likewise, Mridula Rajbhandari, the executive director of Tara Oriental, secured the second position during Friday’s event while Director of Three Star Adventure Trekking Pvt Ltd, Lucky Karki Chhetri was declared the second runner-up.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9597', 'image' => '20190122115024_saarac.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 2 => array( 'Article' => array( 'id' => '9823', 'article_category_id' => '266', 'title' => 'Machhapuchchhre Bank signs MoU with Nepal National Hospital', 'sub_title' => '', 'summary' => 'Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.', 'content' => '<p> January 14: Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.</p> <p> The hospital said in a statement that its marketing director Shruti Rana and the head of Retail Deposit Unit of the bank, Pratima Pandey, signed the agreement on behalf of their respective organizations on Sunday, January 13.</p> <p> According to the agreement, the bank’s staff as well as its customers holding debit and credit cards can get discount up to 15 percent for health treatment at the hospital.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9594', 'image' => '20190122114302_m.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 3 => array( 'Article' => array( 'id' => '9816', 'article_category_id' => '266', 'title' => 'Food available at Re 1 during Foodmandu’s Online Food Festival', 'sub_title' => '', 'summary' => 'January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.', 'content' => '<p> January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.</p> <p> According to the organiser Foodmandu, the 10-day event offers ‘flash deals, Re 1offer, online games, treasure box, mystery bag’ and food from 30 exhibiting restaurants with unique and regular recipes at discount rate. In addition to that, the customers will also get free delivery.</p> <p> In the flash deal, customers can get heavy discount for one hour twice a day. Also, Sabai Re 1 stalls offer every variety of food at Re 1 plus free Somersby after a minimum order of Rs 400 from the selected restaurant’s stall.</p> <p> According to the organiser, the online games compliment the food deals in the festival. Customers can win free vouchers. While exploring the virtual platform, customers can find surprise coupons in the treasure box.</p> <p> “Furthermore, customers can order mystery bags with surprise food worth the pay which adds more spice to the regular orders,” reads a statement issued by Foodmandu.</p> <p> Manohar Adhikari, the CEO of Foodmandu, said, ”We are very excited from our first Online Food Festival and hope the new edition will attract more customers. This year, there are more offers on food order which will spark off your hunger.”</p> <p> The offers are available on the official webpage of Foodmandu and <a href="https://www.google.com/url?q=http://www.foodmandu.com&sa=D&source=hangouts&ust=1547458052934000&usg=AFQjCNGv9XM7v99Wj6FYoI3ZPKuQQNLFNg" target="_blank">www.foodmandu.com</a>/foodfest . </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9587', 'image' => '20190122113101_Foodmandu_final mnemonic-01.jpg', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 4 => array( 'Article' => array( 'id' => '9815', 'article_category_id' => '266', 'title' => 'NIBL to Distribute 40 Percent Dividend', 'sub_title' => '', 'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.', 'content' => '<p> January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p> <p> According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p> <p> The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p> <p> The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p> <p> The bank claimed that it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p> <p> During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p> <p> NIBL claimed that it is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based bank magazine.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9586', 'image' => '20190122113949_NIBL 32nd AGM (2).jpg', 'article_date' => '2019-01-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 5 => array( 'Article' => array( 'id' => '9814', 'article_category_id' => '266', 'title' => 'Himalayan Bank to distribute Bonus Share', 'sub_title' => '', 'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders', 'content' => '<p> January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p> <p> The bank said in a statement that the AGM chaired by the bank’s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank’s paid-up capital will be Rs 8.52 billion.</p> <p> Shrestha presented the bank's annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p> <p> Highlighting the bank’s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p> <p> According to Shrestha, the bank will complete 26 years of service on January 18. </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9585', 'image' => '20190122113003_hbl.JPG', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 6 => array( 'Article' => array( 'id' => '9804', 'article_category_id' => '266', 'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share', 'sub_title' => '', 'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year.', 'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank’s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p> <p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9578', 'image' => '20190113041632_12.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9803', 'article_category_id' => '266', 'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office', 'sub_title' => '', 'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.', 'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p> <p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9577', 'image' => '20190113040950_Oath Taking Ceremony NBL.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9802', 'article_category_id' => '266', 'title' => 'Samsung Plaza announces TV Exchange offer', 'sub_title' => '', 'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.', 'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p> <p>Samsung Plaza said in a statement that its customers can exchange any CRT TV of any brand with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p> <p>However, customers willing to exchange their TVs can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from 10.30 am till 7 pm and will be valid till January 18.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9576', 'image' => '20190113014748_Mnemonic.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9801', 'article_category_id' => '266', 'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.', 'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p> <p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p> <p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p> <p>Commenting on the initiative, CEO Rana said, “We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.” He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p> <p>Meanwhile Singh said, “Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard’s commitment to enable a less cash economy in Nepal.”</p> <p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9575', 'image' => '20190113013559_H.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9800', 'article_category_id' => '266', 'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility', 'sub_title' => '', 'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.', 'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p> <p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other “attractive benefits”. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p> <p> The announcement was made amid a function held at its head office in Lazimpat on January 10.</p> <p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p> <p>Likewise, both the employer and the employees can benefit from the bank’s scheme under the Corporate Salary Account.</p> <p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9574', 'image' => '20190113012830_E.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9794', 'article_category_id' => '266', 'title' => 'CEO Unplugged 2019: An Opportunity to Learn, Network and Share Entrepreneurial Ideas', 'sub_title' => '', 'summary' => 'January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.', 'content' => '<p>January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.</p> <p>With the main theme of ‘Today Meets Tomorrow’, 15 reputed entrepreneurs of the country marked their presence as the speakers on this year’s CEO Unplugged, according to a statement issued by the organisers. More than 100 aspirants participated in this event to network, learn, and share their ideas with the prominent entrepreneurs of the country.</p> <p>President of Vaidhya’s Orgaization of Industries and Trading Industries (VOITH), Suraj Vaidhya, served as a keynote speaker for the event. Expressing the importance of learning in one’s life, Vaidhya said, “You never stop learning. Life is like a cycle, the moment you stop, you fall, that’s the same case with running a business. So, never stop learning, innovating and taking new risks.”</p> <p>Separated into three different panels that had a unique story to tell to the audience, CEO Unplugged’s first panel conversed on the topic of ‘Future of SMEs of Nepal’.</p> <p>Sushama Sharma, first vice-president of NWC; Sixit Bhatta, CEO of Tootle; and Sunita Nhemaphuki, co-founder of R&D Innovative Solutions were the panelists.</p> <p>When asked about whether the recent data on the rate of agriculture contributing to economy being reduced is correct or not, Nhemaphuki stated, “The data might be correct to some extend because in Nepal, the main problem is that our production doesn’t meet our consumption pattern. For example, we produce corns but there is high demand for pop-corn. Hence, this creates lack of market for our agricultural productions and the data decrease. But if we all jointly work to uplift the market status for agriculture, it won’t take any time longer to let the same curve move upward.”</p> <p>Likewise, Sharma said,” The things have changed from the past. Nowadays, the government has come up with the policies of more subsidies. The interest rate for loans has drastically changed and now, entrepreneurs with good ideas can access the loan with minimal collateral.”</p> <p>The millennial of the panel had Rohit Tiwari, Founder, Foodmario as the moderator.</p> <p> </p> <p>The second panel discussion on ‘Business Coalition of SDGs’ had the three panel members including Renaud Meyer (Country Director, UNDP); Anukool Bhatnagar (CEO and MD, Nepal SBI Bank) and Sudhakar Jayaram (CEO, Nepal Mediciti Hospital) and moderated by Asish Thakur (Executive Director, Glocal Pvt Ltd).</p> <p>UNDP Country Director Renaud Meyer held the view that SDGs won’t be achieved without businesses.</p> <p>“People should not be waiting for the government to change the nation but it is the people who should become the catalyst of change. SDGs are not to be taken as a program but should be taken as day to day activities,” he said.</p> <p>The final panel discussion was on the topic of ‘Practice of Skill Based Education’.</p> <p>Diptee Acharya, director of Sanskriti International School; Samir Thapa, executive chairman of Silver Mountain and Saurabh Jyoti, director of Jyoti Group were the panelists.</p> <p>Saurabh Jyoti, the Director of Jyoti Group shared his intake in the literacy rate of Nepal as, “The data shows the literacy rate of Nepal around 65 percent. But, if we look at the real case scenario of the market, the employability rate among these individuals is way too less. The reason behind this is that, today, the companies don’t hire the employees on the basis of their paper degree. Soft skills are what the industry is searching for. So, being literate doesn’t guarantee the employability if you don’t possess the personality and soft skills.”</p> <p>Likewise, when asked about the skills that are in demand, the director of Sanskriti International School, Diptee Acharya said, “Today’s youth shouldn’t have the misconception that a good education background can let you have a settled life. The main competencies that are in demand are critical thinking, empathy, communication and ability to cope up with stress. And our educational institutions should be responsible to offer it all.”</p> <p>Similarly, Samir Thapa, CEO of Silver Mountain mentioned the importance of industrial driven curriculum in Nepal. He said, “What our educational institutions are making mistake is that they are creating the fancy and sellable curriculum. This means, we are way to back to create sellable employees for the market. Our industries seek the people who can perform the designated jobs and for this, industrial driven curriculum is a must.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9569', 'image' => '20190111023511_ceo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9793', 'article_category_id' => '266', 'title' => 'Prabhu Bank Launches PBL Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.', 'content' => '<div><span style="font-size:13px">January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.</span></div> <div><span style="font-size:13px">Mastercard is a technology company in the global payments industry with a network that connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The bank said in a statement that this partnership will further increase the bank’s network throughout the country with seamless, safe and secure transactions.</span></div> <div> </div> <div><span style="font-size:13px">Prabhu Bank has been providing its services through a network of 164 branches, nine extension counters and 123 ATMs across the country.</span></div> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9568', 'image' => '20190111023719_Prabhu Bank -.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9792', 'article_category_id' => '266', 'title' => 'NMB Bank Holds 23rd AGM ', 'sub_title' => '', 'summary' => 'January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.', 'content' => '<p>January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.</p> <p>The AGM decided to distribute 10 percent bonus share and 20 percent cash dividend for tax provision from its profit of fiscal year 2074-75. According to a statement issued by the bank, its total paid-up capital post distribution of the bonus shares will reach Rs 9.61 billion.</p> <p>NMB Bank has been providing services through a network of 110 branches, four extension counters and 97 ATM outlets across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9567', 'image' => '20190111015143_nmb 23rd AGM Photo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9791', 'article_category_id' => '266', 'title' => 'Kumari Bank to Collaborate with IME Pay Wallet', 'sub_title' => '', 'summary' => 'January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. ', 'content' => '<p>January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. Now, customers of IME Pay can link their IME Pay Wallet with their bank accounts at Kumari Bank, thereby enabling them to seamlessly transfer funds from their bank accounts to the wallet and vice-versa.</p> <p>The bank’s customers will also be able to avail recharge, payment, wallet-based small value money transfer services along with a myriad of other online and offsite QR code based IME Pay services, reads a joint statement issued by the companies.</p> <p>IME Digital Solution Limited, which developed and introduced mobile money service “IME Pay” received the Payment Service Provider (PSP) license from Nepal Rastra Bank in June, 2017.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9566', 'image' => '20190111014634_kumari.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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' => '9827', 'article_category_id' => '266', 'title' => 'NMB signs PPA to Launch Unique Solar Roof-Top Model', 'sub_title' => '', 'summary' => 'January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie', 'content' => '<p> January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie solar roof-top with net metering. The bank said in a statement that the grid-tie solar roof-top will be placed its head office inBabarmahal, Kathmandu.</p> <p> Under the power purchase agreement, SUN will install, own and operate the solar roof-top for 15 years. As per the agreement, NMB Bank will purchase all the electricity generated from the solar roof-top at a price lower than their retail grid electricity tariff with no up-front investment.</p> <p> “This initiative reaffirms NMB’s commitment to expanding and financing renewable energy in Nepal. Not only will part of our own electricity requirements be met through solar energy, but we will also use this to expand financing of solar roof-top solutions across Nepal,” said Sunil KC, CEO of NMB Bank.</p> <p> The bank said that the 50 kW solar energywill also help to avoid 2 million kWhimports and reduce imports by Rs20 million over the project’s life.</p> <p> “We welcome the decision of Nepal Electricity Authority to allow net metering, a system that allows users to connect their solar system to the grid and export the excess electricity to the grid. Net metering has opened up tremendous opportunities for Nepal to diversify its generation base, reduce electricity costs to consumers, avoid imports and help build a more reliable electricity grid,” said BishalThapa, managing directorof SaralUrja Nepal.</p> <p> The agreement between NMB Bank and SUN is also intended to expand financing of such solar roof-top systems across Nepal.</p> <p> “The system at NMB is a unique model where customers can get a solar roof-top system with no upfront investment and pay a rate for solar electricity that is lower than NEA’s tariff. We believe that through this system we can achieve 500 MW of solar roof-top within the next five years,” said Aashish Chalise, CEO of SUN.</p> <p> NMB and SUN are working towards a financing facility that will enable SUN to offer the solar energy services across Nepal.</p> <p> “Following this project, we expect to partner with SUN in launching a financing facility to expand the application of solar roof-top across Nepal that will allow customers to save money, diversify Nepal’s generation, reduces electricity imports and create many new jobs,” saidDinesh Dulal, head of Energy & Development Organization.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9598', 'image' => '20190122115047_PPA signing.jpg', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 1 => array( 'Article' => array( 'id' => '9826', 'article_category_id' => '266', 'title' => 'SCWEC Declares Shrestha as Best Nepali Entrepreneur', 'sub_title' => '', 'summary' => 'Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC).', 'content' => '<p> January 14: Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC). According to the chairperson of the council, Rita Bhandari, Shrestha was declared the winner out of the ten finalists amid a function in Kathmandu on Friday, January 11.</p> <p> Shrestha will compete for the Best SAARC Woman Entrepreneur Award 2018 to be held in Sri Lanka on March 2.</p> <p> Likewise, Mridula Rajbhandari, the executive director of Tara Oriental, secured the second position during Friday’s event while Director of Three Star Adventure Trekking Pvt Ltd, Lucky Karki Chhetri was declared the second runner-up.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9597', 'image' => '20190122115024_saarac.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 2 => array( 'Article' => array( 'id' => '9823', 'article_category_id' => '266', 'title' => 'Machhapuchchhre Bank signs MoU with Nepal National Hospital', 'sub_title' => '', 'summary' => 'Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.', 'content' => '<p> January 14: Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.</p> <p> The hospital said in a statement that its marketing director Shruti Rana and the head of Retail Deposit Unit of the bank, Pratima Pandey, signed the agreement on behalf of their respective organizations on Sunday, January 13.</p> <p> According to the agreement, the bank’s staff as well as its customers holding debit and credit cards can get discount up to 15 percent for health treatment at the hospital.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9594', 'image' => '20190122114302_m.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 3 => array( 'Article' => array( 'id' => '9816', 'article_category_id' => '266', 'title' => 'Food available at Re 1 during Foodmandu’s Online Food Festival', 'sub_title' => '', 'summary' => 'January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.', 'content' => '<p> January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.</p> <p> According to the organiser Foodmandu, the 10-day event offers ‘flash deals, Re 1offer, online games, treasure box, mystery bag’ and food from 30 exhibiting restaurants with unique and regular recipes at discount rate. In addition to that, the customers will also get free delivery.</p> <p> In the flash deal, customers can get heavy discount for one hour twice a day. Also, Sabai Re 1 stalls offer every variety of food at Re 1 plus free Somersby after a minimum order of Rs 400 from the selected restaurant’s stall.</p> <p> According to the organiser, the online games compliment the food deals in the festival. Customers can win free vouchers. While exploring the virtual platform, customers can find surprise coupons in the treasure box.</p> <p> “Furthermore, customers can order mystery bags with surprise food worth the pay which adds more spice to the regular orders,” reads a statement issued by Foodmandu.</p> <p> Manohar Adhikari, the CEO of Foodmandu, said, ”We are very excited from our first Online Food Festival and hope the new edition will attract more customers. This year, there are more offers on food order which will spark off your hunger.”</p> <p> The offers are available on the official webpage of Foodmandu and <a href="https://www.google.com/url?q=http://www.foodmandu.com&sa=D&source=hangouts&ust=1547458052934000&usg=AFQjCNGv9XM7v99Wj6FYoI3ZPKuQQNLFNg" target="_blank">www.foodmandu.com</a>/foodfest . </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9587', 'image' => '20190122113101_Foodmandu_final mnemonic-01.jpg', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 4 => array( 'Article' => array( 'id' => '9815', 'article_category_id' => '266', 'title' => 'NIBL to Distribute 40 Percent Dividend', 'sub_title' => '', 'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.', 'content' => '<p> January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p> <p> According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p> <p> The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p> <p> The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p> <p> The bank claimed that it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p> <p> During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p> <p> NIBL claimed that it is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based bank magazine.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9586', 'image' => '20190122113949_NIBL 32nd AGM (2).jpg', 'article_date' => '2019-01-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 5 => array( 'Article' => array( 'id' => '9814', 'article_category_id' => '266', 'title' => 'Himalayan Bank to distribute Bonus Share', 'sub_title' => '', 'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders', 'content' => '<p> January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p> <p> The bank said in a statement that the AGM chaired by the bank’s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank’s paid-up capital will be Rs 8.52 billion.</p> <p> Shrestha presented the bank's annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p> <p> Highlighting the bank’s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p> <p> According to Shrestha, the bank will complete 26 years of service on January 18. </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9585', 'image' => '20190122113003_hbl.JPG', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 6 => array( 'Article' => array( 'id' => '9804', 'article_category_id' => '266', 'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share', 'sub_title' => '', 'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year.', 'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank’s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p> <p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9578', 'image' => '20190113041632_12.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9803', 'article_category_id' => '266', 'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office', 'sub_title' => '', 'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.', 'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p> <p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9577', 'image' => '20190113040950_Oath Taking Ceremony NBL.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9802', 'article_category_id' => '266', 'title' => 'Samsung Plaza announces TV Exchange offer', 'sub_title' => '', 'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.', 'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p> <p>Samsung Plaza said in a statement that its customers can exchange any CRT TV of any brand with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p> <p>However, customers willing to exchange their TVs can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from 10.30 am till 7 pm and will be valid till January 18.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9576', 'image' => '20190113014748_Mnemonic.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9801', 'article_category_id' => '266', 'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.', 'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p> <p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p> <p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p> <p>Commenting on the initiative, CEO Rana said, “We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.” He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p> <p>Meanwhile Singh said, “Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard’s commitment to enable a less cash economy in Nepal.”</p> <p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9575', 'image' => '20190113013559_H.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9800', 'article_category_id' => '266', 'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility', 'sub_title' => '', 'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.', 'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p> <p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other “attractive benefits”. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p> <p> The announcement was made amid a function held at its head office in Lazimpat on January 10.</p> <p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p> <p>Likewise, both the employer and the employees can benefit from the bank’s scheme under the Corporate Salary Account.</p> <p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9574', 'image' => '20190113012830_E.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9794', 'article_category_id' => '266', 'title' => 'CEO Unplugged 2019: An Opportunity to Learn, Network and Share Entrepreneurial Ideas', 'sub_title' => '', 'summary' => 'January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.', 'content' => '<p>January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.</p> <p>With the main theme of ‘Today Meets Tomorrow’, 15 reputed entrepreneurs of the country marked their presence as the speakers on this year’s CEO Unplugged, according to a statement issued by the organisers. More than 100 aspirants participated in this event to network, learn, and share their ideas with the prominent entrepreneurs of the country.</p> <p>President of Vaidhya’s Orgaization of Industries and Trading Industries (VOITH), Suraj Vaidhya, served as a keynote speaker for the event. Expressing the importance of learning in one’s life, Vaidhya said, “You never stop learning. Life is like a cycle, the moment you stop, you fall, that’s the same case with running a business. So, never stop learning, innovating and taking new risks.”</p> <p>Separated into three different panels that had a unique story to tell to the audience, CEO Unplugged’s first panel conversed on the topic of ‘Future of SMEs of Nepal’.</p> <p>Sushama Sharma, first vice-president of NWC; Sixit Bhatta, CEO of Tootle; and Sunita Nhemaphuki, co-founder of R&D Innovative Solutions were the panelists.</p> <p>When asked about whether the recent data on the rate of agriculture contributing to economy being reduced is correct or not, Nhemaphuki stated, “The data might be correct to some extend because in Nepal, the main problem is that our production doesn’t meet our consumption pattern. For example, we produce corns but there is high demand for pop-corn. Hence, this creates lack of market for our agricultural productions and the data decrease. But if we all jointly work to uplift the market status for agriculture, it won’t take any time longer to let the same curve move upward.”</p> <p>Likewise, Sharma said,” The things have changed from the past. Nowadays, the government has come up with the policies of more subsidies. The interest rate for loans has drastically changed and now, entrepreneurs with good ideas can access the loan with minimal collateral.”</p> <p>The millennial of the panel had Rohit Tiwari, Founder, Foodmario as the moderator.</p> <p> </p> <p>The second panel discussion on ‘Business Coalition of SDGs’ had the three panel members including Renaud Meyer (Country Director, UNDP); Anukool Bhatnagar (CEO and MD, Nepal SBI Bank) and Sudhakar Jayaram (CEO, Nepal Mediciti Hospital) and moderated by Asish Thakur (Executive Director, Glocal Pvt Ltd).</p> <p>UNDP Country Director Renaud Meyer held the view that SDGs won’t be achieved without businesses.</p> <p>“People should not be waiting for the government to change the nation but it is the people who should become the catalyst of change. SDGs are not to be taken as a program but should be taken as day to day activities,” he said.</p> <p>The final panel discussion was on the topic of ‘Practice of Skill Based Education’.</p> <p>Diptee Acharya, director of Sanskriti International School; Samir Thapa, executive chairman of Silver Mountain and Saurabh Jyoti, director of Jyoti Group were the panelists.</p> <p>Saurabh Jyoti, the Director of Jyoti Group shared his intake in the literacy rate of Nepal as, “The data shows the literacy rate of Nepal around 65 percent. But, if we look at the real case scenario of the market, the employability rate among these individuals is way too less. The reason behind this is that, today, the companies don’t hire the employees on the basis of their paper degree. Soft skills are what the industry is searching for. So, being literate doesn’t guarantee the employability if you don’t possess the personality and soft skills.”</p> <p>Likewise, when asked about the skills that are in demand, the director of Sanskriti International School, Diptee Acharya said, “Today’s youth shouldn’t have the misconception that a good education background can let you have a settled life. The main competencies that are in demand are critical thinking, empathy, communication and ability to cope up with stress. And our educational institutions should be responsible to offer it all.”</p> <p>Similarly, Samir Thapa, CEO of Silver Mountain mentioned the importance of industrial driven curriculum in Nepal. He said, “What our educational institutions are making mistake is that they are creating the fancy and sellable curriculum. This means, we are way to back to create sellable employees for the market. Our industries seek the people who can perform the designated jobs and for this, industrial driven curriculum is a must.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9569', 'image' => '20190111023511_ceo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9793', 'article_category_id' => '266', 'title' => 'Prabhu Bank Launches PBL Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.', 'content' => '<div><span style="font-size:13px">January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.</span></div> <div><span style="font-size:13px">Mastercard is a technology company in the global payments industry with a network that connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The bank said in a statement that this partnership will further increase the bank’s network throughout the country with seamless, safe and secure transactions.</span></div> <div> </div> <div><span style="font-size:13px">Prabhu Bank has been providing its services through a network of 164 branches, nine extension counters and 123 ATMs across the country.</span></div> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9568', 'image' => '20190111023719_Prabhu Bank -.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9792', 'article_category_id' => '266', 'title' => 'NMB Bank Holds 23rd AGM ', 'sub_title' => '', 'summary' => 'January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.', 'content' => '<p>January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.</p> <p>The AGM decided to distribute 10 percent bonus share and 20 percent cash dividend for tax provision from its profit of fiscal year 2074-75. According to a statement issued by the bank, its total paid-up capital post distribution of the bonus shares will reach Rs 9.61 billion.</p> <p>NMB Bank has been providing services through a network of 110 branches, four extension counters and 97 ATM outlets across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9567', 'image' => '20190111015143_nmb 23rd AGM Photo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9791', 'article_category_id' => '266', 'title' => 'Kumari Bank to Collaborate with IME Pay Wallet', 'sub_title' => '', 'summary' => 'January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. ', 'content' => '<p>January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. Now, customers of IME Pay can link their IME Pay Wallet with their bank accounts at Kumari Bank, thereby enabling them to seamlessly transfer funds from their bank accounts to the wallet and vice-versa.</p> <p>The bank’s customers will also be able to avail recharge, payment, wallet-based small value money transfer services along with a myriad of other online and offsite QR code based IME Pay services, reads a joint statement issued by the companies.</p> <p>IME Digital Solution Limited, which developed and introduced mobile money service “IME Pay” received the Payment Service Provider (PSP) license from Nepal Rastra Bank in June, 2017.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9566', 'image' => '20190111014634_kumari.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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' => '9827', 'article_category_id' => '266', 'title' => 'NMB signs PPA to Launch Unique Solar Roof-Top Model', 'sub_title' => '', 'summary' => 'January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie', 'content' => '<p> January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie solar roof-top with net metering. The bank said in a statement that the grid-tie solar roof-top will be placed its head office inBabarmahal, Kathmandu.</p> <p> Under the power purchase agreement, SUN will install, own and operate the solar roof-top for 15 years. As per the agreement, NMB Bank will purchase all the electricity generated from the solar roof-top at a price lower than their retail grid electricity tariff with no up-front investment.</p> <p> “This initiative reaffirms NMB’s commitment to expanding and financing renewable energy in Nepal. Not only will part of our own electricity requirements be met through solar energy, but we will also use this to expand financing of solar roof-top solutions across Nepal,” said Sunil KC, CEO of NMB Bank.</p> <p> The bank said that the 50 kW solar energywill also help to avoid 2 million kWhimports and reduce imports by Rs20 million over the project’s life.</p> <p> “We welcome the decision of Nepal Electricity Authority to allow net metering, a system that allows users to connect their solar system to the grid and export the excess electricity to the grid. Net metering has opened up tremendous opportunities for Nepal to diversify its generation base, reduce electricity costs to consumers, avoid imports and help build a more reliable electricity grid,” said BishalThapa, managing directorof SaralUrja Nepal.</p> <p> The agreement between NMB Bank and SUN is also intended to expand financing of such solar roof-top systems across Nepal.</p> <p> “The system at NMB is a unique model where customers can get a solar roof-top system with no upfront investment and pay a rate for solar electricity that is lower than NEA’s tariff. We believe that through this system we can achieve 500 MW of solar roof-top within the next five years,” said Aashish Chalise, CEO of SUN.</p> <p> NMB and SUN are working towards a financing facility that will enable SUN to offer the solar energy services across Nepal.</p> <p> “Following this project, we expect to partner with SUN in launching a financing facility to expand the application of solar roof-top across Nepal that will allow customers to save money, diversify Nepal’s generation, reduces electricity imports and create many new jobs,” saidDinesh Dulal, head of Energy & Development Organization.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9598', 'image' => '20190122115047_PPA signing.jpg', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 1 => array( 'Article' => array( 'id' => '9826', 'article_category_id' => '266', 'title' => 'SCWEC Declares Shrestha as Best Nepali Entrepreneur', 'sub_title' => '', 'summary' => 'Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC).', 'content' => '<p> January 14: Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC). According to the chairperson of the council, Rita Bhandari, Shrestha was declared the winner out of the ten finalists amid a function in Kathmandu on Friday, January 11.</p> <p> Shrestha will compete for the Best SAARC Woman Entrepreneur Award 2018 to be held in Sri Lanka on March 2.</p> <p> Likewise, Mridula Rajbhandari, the executive director of Tara Oriental, secured the second position during Friday’s event while Director of Three Star Adventure Trekking Pvt Ltd, Lucky Karki Chhetri was declared the second runner-up.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9597', 'image' => '20190122115024_saarac.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 2 => array( 'Article' => array( 'id' => '9823', 'article_category_id' => '266', 'title' => 'Machhapuchchhre Bank signs MoU with Nepal National Hospital', 'sub_title' => '', 'summary' => 'Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.', 'content' => '<p> January 14: Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.</p> <p> The hospital said in a statement that its marketing director Shruti Rana and the head of Retail Deposit Unit of the bank, Pratima Pandey, signed the agreement on behalf of their respective organizations on Sunday, January 13.</p> <p> According to the agreement, the bank’s staff as well as its customers holding debit and credit cards can get discount up to 15 percent for health treatment at the hospital.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9594', 'image' => '20190122114302_m.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 3 => array( 'Article' => array( 'id' => '9816', 'article_category_id' => '266', 'title' => 'Food available at Re 1 during Foodmandu’s Online Food Festival', 'sub_title' => '', 'summary' => 'January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.', 'content' => '<p> January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.</p> <p> According to the organiser Foodmandu, the 10-day event offers ‘flash deals, Re 1offer, online games, treasure box, mystery bag’ and food from 30 exhibiting restaurants with unique and regular recipes at discount rate. In addition to that, the customers will also get free delivery.</p> <p> In the flash deal, customers can get heavy discount for one hour twice a day. Also, Sabai Re 1 stalls offer every variety of food at Re 1 plus free Somersby after a minimum order of Rs 400 from the selected restaurant’s stall.</p> <p> According to the organiser, the online games compliment the food deals in the festival. Customers can win free vouchers. While exploring the virtual platform, customers can find surprise coupons in the treasure box.</p> <p> “Furthermore, customers can order mystery bags with surprise food worth the pay which adds more spice to the regular orders,” reads a statement issued by Foodmandu.</p> <p> Manohar Adhikari, the CEO of Foodmandu, said, ”We are very excited from our first Online Food Festival and hope the new edition will attract more customers. This year, there are more offers on food order which will spark off your hunger.”</p> <p> The offers are available on the official webpage of Foodmandu and <a href="https://www.google.com/url?q=http://www.foodmandu.com&sa=D&source=hangouts&ust=1547458052934000&usg=AFQjCNGv9XM7v99Wj6FYoI3ZPKuQQNLFNg" target="_blank">www.foodmandu.com</a>/foodfest . </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9587', 'image' => '20190122113101_Foodmandu_final mnemonic-01.jpg', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 4 => array( 'Article' => array( 'id' => '9815', 'article_category_id' => '266', 'title' => 'NIBL to Distribute 40 Percent Dividend', 'sub_title' => '', 'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.', 'content' => '<p> January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p> <p> According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p> <p> The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p> <p> The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p> <p> The bank claimed that it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p> <p> During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p> <p> NIBL claimed that it is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based bank magazine.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9586', 'image' => '20190122113949_NIBL 32nd AGM (2).jpg', 'article_date' => '2019-01-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 5 => array( 'Article' => array( 'id' => '9814', 'article_category_id' => '266', 'title' => 'Himalayan Bank to distribute Bonus Share', 'sub_title' => '', 'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders', 'content' => '<p> January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p> <p> The bank said in a statement that the AGM chaired by the bank’s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank’s paid-up capital will be Rs 8.52 billion.</p> <p> Shrestha presented the bank's annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p> <p> Highlighting the bank’s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p> <p> According to Shrestha, the bank will complete 26 years of service on January 18. </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9585', 'image' => '20190122113003_hbl.JPG', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 6 => array( 'Article' => array( 'id' => '9804', 'article_category_id' => '266', 'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share', 'sub_title' => '', 'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year.', 'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank’s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p> <p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9578', 'image' => '20190113041632_12.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9803', 'article_category_id' => '266', 'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office', 'sub_title' => '', 'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.', 'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p> <p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9577', 'image' => '20190113040950_Oath Taking Ceremony NBL.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9802', 'article_category_id' => '266', 'title' => 'Samsung Plaza announces TV Exchange offer', 'sub_title' => '', 'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.', 'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p> <p>Samsung Plaza said in a statement that its customers can exchange any CRT TV of any brand with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p> <p>However, customers willing to exchange their TVs can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from 10.30 am till 7 pm and will be valid till January 18.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9576', 'image' => '20190113014748_Mnemonic.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9801', 'article_category_id' => '266', 'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.', 'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p> <p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p> <p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p> <p>Commenting on the initiative, CEO Rana said, “We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.” He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p> <p>Meanwhile Singh said, “Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard’s commitment to enable a less cash economy in Nepal.”</p> <p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9575', 'image' => '20190113013559_H.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9800', 'article_category_id' => '266', 'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility', 'sub_title' => '', 'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.', 'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p> <p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other “attractive benefits”. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p> <p> The announcement was made amid a function held at its head office in Lazimpat on January 10.</p> <p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p> <p>Likewise, both the employer and the employees can benefit from the bank’s scheme under the Corporate Salary Account.</p> <p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9574', 'image' => '20190113012830_E.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9794', 'article_category_id' => '266', 'title' => 'CEO Unplugged 2019: An Opportunity to Learn, Network and Share Entrepreneurial Ideas', 'sub_title' => '', 'summary' => 'January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.', 'content' => '<p>January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.</p> <p>With the main theme of ‘Today Meets Tomorrow’, 15 reputed entrepreneurs of the country marked their presence as the speakers on this year’s CEO Unplugged, according to a statement issued by the organisers. More than 100 aspirants participated in this event to network, learn, and share their ideas with the prominent entrepreneurs of the country.</p> <p>President of Vaidhya’s Orgaization of Industries and Trading Industries (VOITH), Suraj Vaidhya, served as a keynote speaker for the event. Expressing the importance of learning in one’s life, Vaidhya said, “You never stop learning. Life is like a cycle, the moment you stop, you fall, that’s the same case with running a business. So, never stop learning, innovating and taking new risks.”</p> <p>Separated into three different panels that had a unique story to tell to the audience, CEO Unplugged’s first panel conversed on the topic of ‘Future of SMEs of Nepal’.</p> <p>Sushama Sharma, first vice-president of NWC; Sixit Bhatta, CEO of Tootle; and Sunita Nhemaphuki, co-founder of R&D Innovative Solutions were the panelists.</p> <p>When asked about whether the recent data on the rate of agriculture contributing to economy being reduced is correct or not, Nhemaphuki stated, “The data might be correct to some extend because in Nepal, the main problem is that our production doesn’t meet our consumption pattern. For example, we produce corns but there is high demand for pop-corn. Hence, this creates lack of market for our agricultural productions and the data decrease. But if we all jointly work to uplift the market status for agriculture, it won’t take any time longer to let the same curve move upward.”</p> <p>Likewise, Sharma said,” The things have changed from the past. Nowadays, the government has come up with the policies of more subsidies. The interest rate for loans has drastically changed and now, entrepreneurs with good ideas can access the loan with minimal collateral.”</p> <p>The millennial of the panel had Rohit Tiwari, Founder, Foodmario as the moderator.</p> <p> </p> <p>The second panel discussion on ‘Business Coalition of SDGs’ had the three panel members including Renaud Meyer (Country Director, UNDP); Anukool Bhatnagar (CEO and MD, Nepal SBI Bank) and Sudhakar Jayaram (CEO, Nepal Mediciti Hospital) and moderated by Asish Thakur (Executive Director, Glocal Pvt Ltd).</p> <p>UNDP Country Director Renaud Meyer held the view that SDGs won’t be achieved without businesses.</p> <p>“People should not be waiting for the government to change the nation but it is the people who should become the catalyst of change. SDGs are not to be taken as a program but should be taken as day to day activities,” he said.</p> <p>The final panel discussion was on the topic of ‘Practice of Skill Based Education’.</p> <p>Diptee Acharya, director of Sanskriti International School; Samir Thapa, executive chairman of Silver Mountain and Saurabh Jyoti, director of Jyoti Group were the panelists.</p> <p>Saurabh Jyoti, the Director of Jyoti Group shared his intake in the literacy rate of Nepal as, “The data shows the literacy rate of Nepal around 65 percent. But, if we look at the real case scenario of the market, the employability rate among these individuals is way too less. The reason behind this is that, today, the companies don’t hire the employees on the basis of their paper degree. Soft skills are what the industry is searching for. So, being literate doesn’t guarantee the employability if you don’t possess the personality and soft skills.”</p> <p>Likewise, when asked about the skills that are in demand, the director of Sanskriti International School, Diptee Acharya said, “Today’s youth shouldn’t have the misconception that a good education background can let you have a settled life. The main competencies that are in demand are critical thinking, empathy, communication and ability to cope up with stress. And our educational institutions should be responsible to offer it all.”</p> <p>Similarly, Samir Thapa, CEO of Silver Mountain mentioned the importance of industrial driven curriculum in Nepal. He said, “What our educational institutions are making mistake is that they are creating the fancy and sellable curriculum. This means, we are way to back to create sellable employees for the market. Our industries seek the people who can perform the designated jobs and for this, industrial driven curriculum is a must.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9569', 'image' => '20190111023511_ceo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9793', 'article_category_id' => '266', 'title' => 'Prabhu Bank Launches PBL Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.', 'content' => '<div><span style="font-size:13px">January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.</span></div> <div><span style="font-size:13px">Mastercard is a technology company in the global payments industry with a network that connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The bank said in a statement that this partnership will further increase the bank’s network throughout the country with seamless, safe and secure transactions.</span></div> <div> </div> <div><span style="font-size:13px">Prabhu Bank has been providing its services through a network of 164 branches, nine extension counters and 123 ATMs across the country.</span></div> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9568', 'image' => '20190111023719_Prabhu Bank -.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9792', 'article_category_id' => '266', 'title' => 'NMB Bank Holds 23rd AGM ', 'sub_title' => '', 'summary' => 'January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.', 'content' => '<p>January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.</p> <p>The AGM decided to distribute 10 percent bonus share and 20 percent cash dividend for tax provision from its profit of fiscal year 2074-75. According to a statement issued by the bank, its total paid-up capital post distribution of the bonus shares will reach Rs 9.61 billion.</p> <p>NMB Bank has been providing services through a network of 110 branches, four extension counters and 97 ATM outlets across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9567', 'image' => '20190111015143_nmb 23rd AGM Photo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9791', 'article_category_id' => '266', 'title' => 'Kumari Bank to Collaborate with IME Pay Wallet', 'sub_title' => '', 'summary' => 'January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. ', 'content' => '<p>January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. Now, customers of IME Pay can link their IME Pay Wallet with their bank accounts at Kumari Bank, thereby enabling them to seamlessly transfer funds from their bank accounts to the wallet and vice-versa.</p> <p>The bank’s customers will also be able to avail recharge, payment, wallet-based small value money transfer services along with a myriad of other online and offsite QR code based IME Pay services, reads a joint statement issued by the companies.</p> <p>IME Digital Solution Limited, which developed and introduced mobile money service “IME Pay” received the Payment Service Provider (PSP) license from Nepal Rastra Bank in June, 2017.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9566', 'image' => '20190111014634_kumari.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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
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 133]file not found!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' => '9827', 'article_category_id' => '266', 'title' => 'NMB signs PPA to Launch Unique Solar Roof-Top Model', 'sub_title' => '', 'summary' => 'January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie', 'content' => '<p> January 21: NMB Bank has signed a private power purchase agreement (PPA) with SaralUrja Nepal Private Limited (SUN) for a 50 kW grid-tie solar roof-top with net metering. The bank said in a statement that the grid-tie solar roof-top will be placed its head office inBabarmahal, Kathmandu.</p> <p> Under the power purchase agreement, SUN will install, own and operate the solar roof-top for 15 years. As per the agreement, NMB Bank will purchase all the electricity generated from the solar roof-top at a price lower than their retail grid electricity tariff with no up-front investment.</p> <p> “This initiative reaffirms NMB’s commitment to expanding and financing renewable energy in Nepal. Not only will part of our own electricity requirements be met through solar energy, but we will also use this to expand financing of solar roof-top solutions across Nepal,” said Sunil KC, CEO of NMB Bank.</p> <p> The bank said that the 50 kW solar energywill also help to avoid 2 million kWhimports and reduce imports by Rs20 million over the project’s life.</p> <p> “We welcome the decision of Nepal Electricity Authority to allow net metering, a system that allows users to connect their solar system to the grid and export the excess electricity to the grid. Net metering has opened up tremendous opportunities for Nepal to diversify its generation base, reduce electricity costs to consumers, avoid imports and help build a more reliable electricity grid,” said BishalThapa, managing directorof SaralUrja Nepal.</p> <p> The agreement between NMB Bank and SUN is also intended to expand financing of such solar roof-top systems across Nepal.</p> <p> “The system at NMB is a unique model where customers can get a solar roof-top system with no upfront investment and pay a rate for solar electricity that is lower than NEA’s tariff. We believe that through this system we can achieve 500 MW of solar roof-top within the next five years,” said Aashish Chalise, CEO of SUN.</p> <p> NMB and SUN are working towards a financing facility that will enable SUN to offer the solar energy services across Nepal.</p> <p> “Following this project, we expect to partner with SUN in launching a financing facility to expand the application of solar roof-top across Nepal that will allow customers to save money, diversify Nepal’s generation, reduces electricity imports and create many new jobs,” saidDinesh Dulal, head of Energy & Development Organization.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9598', 'image' => '20190122115047_PPA signing.jpg', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 1 => array( 'Article' => array( 'id' => '9826', 'article_category_id' => '266', 'title' => 'SCWEC Declares Shrestha as Best Nepali Entrepreneur', 'sub_title' => '', 'summary' => 'Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC).', 'content' => '<p> January 14: Shyam Badan Shrestha, chairperson of Nepal Knot Craft Private Limited, has been announced as the best Nepali entrepreneur by SAARC Chamber of Women Entrepreneurs Council (SCWEC). According to the chairperson of the council, Rita Bhandari, Shrestha was declared the winner out of the ten finalists amid a function in Kathmandu on Friday, January 11.</p> <p> Shrestha will compete for the Best SAARC Woman Entrepreneur Award 2018 to be held in Sri Lanka on March 2.</p> <p> Likewise, Mridula Rajbhandari, the executive director of Tara Oriental, secured the second position during Friday’s event while Director of Three Star Adventure Trekking Pvt Ltd, Lucky Karki Chhetri was declared the second runner-up.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9597', 'image' => '20190122115024_saarac.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 2 => array( 'Article' => array( 'id' => '9823', 'article_category_id' => '266', 'title' => 'Machhapuchchhre Bank signs MoU with Nepal National Hospital', 'sub_title' => '', 'summary' => 'Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.', 'content' => '<p> January 14: Machhapuchchhre Bank has signed an agreement with Nepal National Hospital to avail discount for the bank’s customers at the hospital.</p> <p> The hospital said in a statement that its marketing director Shruti Rana and the head of Retail Deposit Unit of the bank, Pratima Pandey, signed the agreement on behalf of their respective organizations on Sunday, January 13.</p> <p> According to the agreement, the bank’s staff as well as its customers holding debit and credit cards can get discount up to 15 percent for health treatment at the hospital.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9594', 'image' => '20190122114302_m.JPG', 'article_date' => '2019-01-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '1' ) ), (int) 3 => array( 'Article' => array( 'id' => '9816', 'article_category_id' => '266', 'title' => 'Food available at Re 1 during Foodmandu’s Online Food Festival', 'sub_title' => '', 'summary' => 'January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.', 'content' => '<p> January 16: The second edition of Online Food Festival has kicked off from January 15, bringing food with various offers to the doorsteps of individuals with hectic life schedule.</p> <p> According to the organiser Foodmandu, the 10-day event offers ‘flash deals, Re 1offer, online games, treasure box, mystery bag’ and food from 30 exhibiting restaurants with unique and regular recipes at discount rate. In addition to that, the customers will also get free delivery.</p> <p> In the flash deal, customers can get heavy discount for one hour twice a day. Also, Sabai Re 1 stalls offer every variety of food at Re 1 plus free Somersby after a minimum order of Rs 400 from the selected restaurant’s stall.</p> <p> According to the organiser, the online games compliment the food deals in the festival. Customers can win free vouchers. While exploring the virtual platform, customers can find surprise coupons in the treasure box.</p> <p> “Furthermore, customers can order mystery bags with surprise food worth the pay which adds more spice to the regular orders,” reads a statement issued by Foodmandu.</p> <p> Manohar Adhikari, the CEO of Foodmandu, said, ”We are very excited from our first Online Food Festival and hope the new edition will attract more customers. This year, there are more offers on food order which will spark off your hunger.”</p> <p> The offers are available on the official webpage of Foodmandu and <a href="https://www.google.com/url?q=http://www.foodmandu.com&sa=D&source=hangouts&ust=1547458052934000&usg=AFQjCNGv9XM7v99Wj6FYoI3ZPKuQQNLFNg" target="_blank">www.foodmandu.com</a>/foodfest . </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9587', 'image' => '20190122113101_Foodmandu_final mnemonic-01.jpg', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 4 => array( 'Article' => array( 'id' => '9815', 'article_category_id' => '266', 'title' => 'NIBL to Distribute 40 Percent Dividend', 'sub_title' => '', 'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.', 'content' => '<p> January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p> <p> According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p> <p> The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p> <p> The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p> <p> The bank claimed that it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p> <p> During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p> <p> NIBL claimed that it is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based bank magazine.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9586', 'image' => '20190122113949_NIBL 32nd AGM (2).jpg', 'article_date' => '2019-01-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 5 => array( 'Article' => array( 'id' => '9814', 'article_category_id' => '266', 'title' => 'Himalayan Bank to distribute Bonus Share', 'sub_title' => '', 'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders', 'content' => '<p> January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p> <p> The bank said in a statement that the AGM chaired by the bank’s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank’s paid-up capital will be Rs 8.52 billion.</p> <p> Shrestha presented the bank's annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p> <p> Highlighting the bank’s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p> <p> According to Shrestha, the bank will complete 26 years of service on January 18. </p> ', 'published' => true, 'created' => '2019-01-22', 'modified' => '2019-01-22', 'keywords' => '', 'description' => '', 'sortorder' => '9585', 'image' => '20190122113003_hbl.JPG', 'article_date' => '2019-01-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '10' ) ), (int) 6 => array( 'Article' => array( 'id' => '9804', 'article_category_id' => '266', 'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share', 'sub_title' => '', 'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year.', 'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank’s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p> <p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9578', 'image' => '20190113041632_12.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9803', 'article_category_id' => '266', 'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office', 'sub_title' => '', 'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.', 'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p> <p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9577', 'image' => '20190113040950_Oath Taking Ceremony NBL.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9802', 'article_category_id' => '266', 'title' => 'Samsung Plaza announces TV Exchange offer', 'sub_title' => '', 'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.', 'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p> <p>Samsung Plaza said in a statement that its customers can exchange any CRT TV of any brand with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p> <p>However, customers willing to exchange their TVs can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from 10.30 am till 7 pm and will be valid till January 18.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9576', 'image' => '20190113014748_Mnemonic.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9801', 'article_category_id' => '266', 'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.', 'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p> <p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p> <p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p> <p>Commenting on the initiative, CEO Rana said, “We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.” He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p> <p>Meanwhile Singh said, “Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard’s commitment to enable a less cash economy in Nepal.”</p> <p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9575', 'image' => '20190113013559_H.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9800', 'article_category_id' => '266', 'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility', 'sub_title' => '', 'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.', 'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p> <p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other “attractive benefits”. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p> <p> The announcement was made amid a function held at its head office in Lazimpat on January 10.</p> <p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p> <p>Likewise, both the employer and the employees can benefit from the bank’s scheme under the Corporate Salary Account.</p> <p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p> ', 'published' => true, 'created' => '2019-01-13', 'modified' => '2019-01-13', 'keywords' => '', 'description' => '', 'sortorder' => '9574', 'image' => '20190113012830_E.jpg', 'article_date' => '2019-01-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9794', 'article_category_id' => '266', 'title' => 'CEO Unplugged 2019: An Opportunity to Learn, Network and Share Entrepreneurial Ideas', 'sub_title' => '', 'summary' => 'January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.', 'content' => '<p>January 11: Keeping up with the legacy of welcoming country’s most influential CEOs and entrepreneurs to inspire the enthusiastic entrepreneurial minds of the country, Glocal Pvt Ltd in collaboration with King’s College successfully organised the third edition of ‘CEO Unplugged 2019’ on Wednesday, January 9, at Hotel Soaltee Crowne Plaza, Kathmandu.</p> <p>With the main theme of ‘Today Meets Tomorrow’, 15 reputed entrepreneurs of the country marked their presence as the speakers on this year’s CEO Unplugged, according to a statement issued by the organisers. More than 100 aspirants participated in this event to network, learn, and share their ideas with the prominent entrepreneurs of the country.</p> <p>President of Vaidhya’s Orgaization of Industries and Trading Industries (VOITH), Suraj Vaidhya, served as a keynote speaker for the event. Expressing the importance of learning in one’s life, Vaidhya said, “You never stop learning. Life is like a cycle, the moment you stop, you fall, that’s the same case with running a business. So, never stop learning, innovating and taking new risks.”</p> <p>Separated into three different panels that had a unique story to tell to the audience, CEO Unplugged’s first panel conversed on the topic of ‘Future of SMEs of Nepal’.</p> <p>Sushama Sharma, first vice-president of NWC; Sixit Bhatta, CEO of Tootle; and Sunita Nhemaphuki, co-founder of R&D Innovative Solutions were the panelists.</p> <p>When asked about whether the recent data on the rate of agriculture contributing to economy being reduced is correct or not, Nhemaphuki stated, “The data might be correct to some extend because in Nepal, the main problem is that our production doesn’t meet our consumption pattern. For example, we produce corns but there is high demand for pop-corn. Hence, this creates lack of market for our agricultural productions and the data decrease. But if we all jointly work to uplift the market status for agriculture, it won’t take any time longer to let the same curve move upward.”</p> <p>Likewise, Sharma said,” The things have changed from the past. Nowadays, the government has come up with the policies of more subsidies. The interest rate for loans has drastically changed and now, entrepreneurs with good ideas can access the loan with minimal collateral.”</p> <p>The millennial of the panel had Rohit Tiwari, Founder, Foodmario as the moderator.</p> <p> </p> <p>The second panel discussion on ‘Business Coalition of SDGs’ had the three panel members including Renaud Meyer (Country Director, UNDP); Anukool Bhatnagar (CEO and MD, Nepal SBI Bank) and Sudhakar Jayaram (CEO, Nepal Mediciti Hospital) and moderated by Asish Thakur (Executive Director, Glocal Pvt Ltd).</p> <p>UNDP Country Director Renaud Meyer held the view that SDGs won’t be achieved without businesses.</p> <p>“People should not be waiting for the government to change the nation but it is the people who should become the catalyst of change. SDGs are not to be taken as a program but should be taken as day to day activities,” he said.</p> <p>The final panel discussion was on the topic of ‘Practice of Skill Based Education’.</p> <p>Diptee Acharya, director of Sanskriti International School; Samir Thapa, executive chairman of Silver Mountain and Saurabh Jyoti, director of Jyoti Group were the panelists.</p> <p>Saurabh Jyoti, the Director of Jyoti Group shared his intake in the literacy rate of Nepal as, “The data shows the literacy rate of Nepal around 65 percent. But, if we look at the real case scenario of the market, the employability rate among these individuals is way too less. The reason behind this is that, today, the companies don’t hire the employees on the basis of their paper degree. Soft skills are what the industry is searching for. So, being literate doesn’t guarantee the employability if you don’t possess the personality and soft skills.”</p> <p>Likewise, when asked about the skills that are in demand, the director of Sanskriti International School, Diptee Acharya said, “Today’s youth shouldn’t have the misconception that a good education background can let you have a settled life. The main competencies that are in demand are critical thinking, empathy, communication and ability to cope up with stress. And our educational institutions should be responsible to offer it all.”</p> <p>Similarly, Samir Thapa, CEO of Silver Mountain mentioned the importance of industrial driven curriculum in Nepal. He said, “What our educational institutions are making mistake is that they are creating the fancy and sellable curriculum. This means, we are way to back to create sellable employees for the market. Our industries seek the people who can perform the designated jobs and for this, industrial driven curriculum is a must.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9569', 'image' => '20190111023511_ceo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9793', 'article_category_id' => '266', 'title' => 'Prabhu Bank Launches PBL Mastercard Debit Card', 'sub_title' => '', 'summary' => 'January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.', 'content' => '<div><span style="font-size:13px">January 11: Prabhu Bank Ltd (PBL), in partnership with Mastercard, has introduced PBL Mastercard – a standard domestic debit card – to provide seamless, safe and secure digital payment solutions for the bank’s customers.</span></div> <div><span style="font-size:13px">Mastercard is a technology company in the global payments industry with a network that connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The bank said in a statement that this partnership will further increase the bank’s network throughout the country with seamless, safe and secure transactions.</span></div> <div> </div> <div><span style="font-size:13px">Prabhu Bank has been providing its services through a network of 164 branches, nine extension counters and 123 ATMs across the country.</span></div> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9568', 'image' => '20190111023719_Prabhu Bank -.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9792', 'article_category_id' => '266', 'title' => 'NMB Bank Holds 23rd AGM ', 'sub_title' => '', 'summary' => 'January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.', 'content' => '<p>January 11: NMB Bank organized its 23rd Annual General Meeting (AGM) at Army Officer’s Club, Bhadrakali, Kathmandu on Thursday, January 10.</p> <p>The AGM decided to distribute 10 percent bonus share and 20 percent cash dividend for tax provision from its profit of fiscal year 2074-75. According to a statement issued by the bank, its total paid-up capital post distribution of the bonus shares will reach Rs 9.61 billion.</p> <p>NMB Bank has been providing services through a network of 110 branches, four extension counters and 97 ATM outlets across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9567', 'image' => '20190111015143_nmb 23rd AGM Photo.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9791', 'article_category_id' => '266', 'title' => 'Kumari Bank to Collaborate with IME Pay Wallet', 'sub_title' => '', 'summary' => 'January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. ', 'content' => '<p>January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet. Now, customers of IME Pay can link their IME Pay Wallet with their bank accounts at Kumari Bank, thereby enabling them to seamlessly transfer funds from their bank accounts to the wallet and vice-versa.</p> <p>The bank’s customers will also be able to avail recharge, payment, wallet-based small value money transfer services along with a myriad of other online and offsite QR code based IME Pay services, reads a joint statement issued by the companies.</p> <p>IME Digital Solution Limited, which developed and introduced mobile money service “IME Pay” received the Payment Service Provider (PSP) license from Nepal Rastra Bank in June, 2017.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-11', 'modified' => '2019-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '9566', 'image' => '20190111014634_kumari.jpg', 'article_date' => '2019-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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
