July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect.…
July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that…
July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20.…
July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive…
July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10.…
July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has rewarded the winners of Hyundai Euro Prediction…
July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18.…
July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press…
July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the…
July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4…
July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this…
July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be…
July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their…
July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the…
July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July…
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Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. ', 'content' => '<p>July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3844', 'image' => '20160721124158_ace.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4010', 'article_category_id' => '1', 'title' => 'Sangrila Devt Bank Earns Rs 350 Million Profit', 'sub_title' => '', 'summary' => 'July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.', 'content' => '<p>July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.</p> <p>According to Dinesh Thakali, Deputy CEO of the bank, it has currently distributed its right shares issuance at 4:1 ratio. The bank has also concluded auction bidding of 9,67,000 right shares of promoters' group. Currently, the bank is providing its services through 31 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3843', 'image' => '20160721123742_sangrila.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4009', 'article_category_id' => '1', 'title' => 'New Branch Opening of NB Insurance at Gongabu', 'sub_title' => '', 'summary' => 'July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On', 'content' => '<p style="text-align: justify;">July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On the occasion, Ambika Prasad Poudel, Chairman of the company said that the company will provide easy, prompt and reliable services to the customers. Similarly, Yugesh Bhakta Wade, CEO of the company informed of providing insurance services through 13 branches, 5 representative offices and 7 service counters. He also informed of earning Rs 40 million net profit and Rs 350 million insurance premium through 26,000 insurance policies in the FY 2072/73. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3842', 'image' => '20160721120628_nb.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4008', 'article_category_id' => '1', 'title' => 'Share Broker Commission Rate Deducted', 'sub_title' => '', 'summary' => 'July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Di', 'content' => '<p style="text-align: justify;">July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Director of SEBON.</p> <p style="text-align: justify;">“We got the approval on Wednesday after sending the proposal long time ago. The deducted commission rate will be implemented from Thursday,” he added. Stakeholders expressed that the deduction of share broker commission will reduce the cost that will attract investors in the market. “Deduction of commission is a positive part for investors. It will increase investment, trading amount and market index,” said share investor Ambika Poudel.</p> <p style="text-align: justify;">“Although deduction in broker commission rate will lead to decrease in income of the brokers, it will have positive effect in the market,” said Anjan Shrestha, Former Chairman of Broker Association. He informed that presently 10 broker companies occupy 70 percent of total trading. He also opined that brokers will engage in healthy competition of increasing share transactions in a bid to increase income after deduction of commission rate.</p> <p style="text-align: justify;">Now onwards, share trading worth Rs 50,000 will be levied 0.6 percent broker commission which was 1 percent earlier. Similarly, share trading worth Rs 50,000 to 500,000 will be levied 0.55 percent commission from earlier 0.9 percent.</p> <p style="text-align: justify;">Likewise, trading worth Rs 500,000 to Rs 2 million will be levied 0.5 percent which was 0.8 percent earlier. Broker commission for share trading worth of Rs 2 million to Rs 10 million has also been deducted to 0.45 percent from 0.7 percent. Meanwhile, broker commission of 0.4 percent will be levied on share transaction worth above 10 million. According to a higher source of Finance Ministry, the ministry has already correspondence SEBON on Wednesday regarding the deduction of broker commission. As per a source at SEBON, board of directors meeting of the regulator body will endorse the deduction rate and correspondence with the broker companies on Wednesday.</p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3841', 'image' => '20160721115218_Commissions-Copy.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4007', 'article_category_id' => '1', 'title' => 'Vianet Customer Care Center in Chabahil', 'sub_title' => '', 'summary' => 'July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. ', 'content' => '<p>July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. The company informed that the service center will provide bill payments, basic support and also handle inquiries about new internet packages to its customers. The company plans to launch outlets across major areas of Kathmandu, Lalitpur and Bhaktapur. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3840', 'image' => '20160720060130_vianet.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4006', 'article_category_id' => '1', 'title' => 'Prize Distribution to Winners of Hyundai Euro Prediction ', 'sub_title' => '', 'summary' => 'July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has rewarded the winners of Hyundai Euro Prediction contest.', 'content' => '<p>July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has distributed prizes to the winners of Hyundai Euro Prediction contest amid a program on July 18 at the Hyundai Thapathali showroom.</p> <p>The prediction contest was held through the official website of Laxmi Hyundai from June 6 to July 10. The participants of contest were required to make score prediction of Euro Cup 2016 matches. According to the company, 25,000 participants participated in the contest. Among them, Soyog Rana, Mahesh Regmi and Abhi Gupta were announced the winners. Likewise, Ashok Sapkota, Anisha Bataju and Ashish Manandhar were declared tournament winners.</p> <p>Soyog Rana who came first in the contest bagged a 40 inch Samsung LED TV. The first runner up Mahesh Regmi was awarded with a 32 inch Samsung LED TV while Abhi Gupta bagged a Samsung J7 smartphone for the third position. Likewise, Ashok Sapkota Prithvi, Anisa Bataju and Ashish Manadhar all won Samsung J5 smartphone as they correctly predicted the top goal scorer of the tournament, player of the tournament and winner of Euro Cup 2016 respectively. On the occassion, Amit Shrestha and Rajendra Gurung share their experiences about the tour to France who received chance to watch Euro Cup Final match through Hello Hyundai Owners program. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3839', 'image' => '20160720055858_hyundai.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4005', 'article_category_id' => '1', 'title' => 'Tata LPO 1618/62 in the Market', 'sub_title' => '', 'summary' => 'July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. ', 'content' => '<p>July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. The company honoured first five customers of the bus chassis along with the bus operator Shree Manjushree Bus Operating Committee. </p> <p>The bus which is 12 meters long has a wide body can accommodate 45 reclining seats with slipper berth and is fitted with pneumatic suspension. “The Chassis is powered by Tata Cummins Turbocharged/ Intercooled diesel engine,” informed Rajan Babu Shrestha, CEO of Sipradi Trading. Shrestha said that the bus ensures security and assures comfortable ride to the passengers.</p> <p>The new chassis comes with features like anti-lock breaking system and Voith Hydrodynamic Retarder, two 95/90 R 22.5-16 PR sized radial tyres. According to the company, the new chassis is appropriate for rides both inside and outside city areas.</p> <p>“The engine producing 180 HP and 675 Nm torque gives the bus excellent load bearing capacity on difficult terrains,” said Shrestha. He further briefed that apart from this feature, the 14-inch diameter clutch plate, G-600 gear box with Over Drive Mechanism and proportion of 41/7 adjustment of crown, the bus gives high speed consuming less fuel. The company is providing a warranty of three years or 300,000 kilometers to its customers on the purchase of the chassis.</p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3838', 'image' => '20160720042536_tata chasis.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4004', 'article_category_id' => '1', 'title' => 'Mahindra's New Showroom in Lagankhel', 'sub_title' => '', 'summary' => 'July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement', 'content' => '<p style="text-align: justify;">July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement, the company informed that the newly opened showroom will showcase TUV and Entry-Level SUV vehicle KUV 100. The company aims to provide the services to its customers through a newly opened showroom. According to the company, it believes to provide global brand experience and quality services to its customers. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3837', 'image' => '20160719042633_mahindra.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4003', 'article_category_id' => '1', 'title' => 'FNCCI Urges to Withdraw the Electricity Tariff Hike Decision', 'sub_title' => '', 'summary' => 'July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the ', 'content' => '<p style="text-align: justify;">July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the electricity tariff rate. Issuing a press statement, the private sector body said that increment in the tariff has created additional burdens to the entrepreneurs.</p> <p style="text-align: justify;">Nepal Electricity Authority (NEA) raised the tariff in a bid to recover the losses faced by it. “The decision is not rationale as it will hamper the overall industrial sector in Nepal,” said the FNCCI. FNCCI has expressed its disappointment that the related body did not talked with the private sectors before taking the decision.</p> <p style="text-align: justify;">“With or without the electricity supply, industries are required to pay the minimum demand charge. There are several impediments to the hydropower development and electricity supply, “Increasing the electricity tariff rate will raise the production cost ultimately affecting the competitive capacity of the industries,” reads the statement. The private sector body also criticised the removal of three per cent discount on the payment of the electricity bill. NEA provides such discount for the customers who pay their bills on time. </p> <p style="text-align: justify;"> “Being unresponsive to our needs and demands, the government’s decision to increase the electricity tariff is not appropriate,” says the FNCCI. FNCCI urged the government to immediately withdraw the decision and demanded engagement of the private sector regarding the setting of new electricity tariff.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3836', 'image' => '20160719041442_fncci.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4002', 'article_category_id' => '1', 'title' => 'Remittance Growth Declined with Decrease in Migrating Labourers', 'sub_title' => '', 'summary' => 'July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.', 'content' => '<p style="text-align:justify">July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.</p> <p style="text-align:justify">Specifically, decrease in labourers going to Gulf countries by 20.6 percent has attributed the decrease in growth of remittance flow. In the review period of the last FY, total of 386,315 foreign jobseekers left the country. In the previous year, the number was 486,287. Decline in the price of crude oil in the international market that led Gulf Countries to cut off number of labourers is also a primary reason of decreasing remittance growth. Additionally, due to the devastating earthquake of last year, labourers going abroad for job has also significantly dropped attributing decline in remittance flow.</p> <p style="text-align:justify">However, the annually increasing remittance flow has not been able to use for capital formation. The economic survey of 2072/73 shows that the 94.74 percent of remittance is spent for consumption. Most of the labourers going for foreign jobs are of weak economic background, thus capital formation lies least in their priority. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3835', 'image' => '20160719034815_Remittance Page Banner.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4001', 'article_category_id' => '1', 'title' => 'Citizens Bank Supports Badminton Player', 'sub_title' => '', 'summary' => 'July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard.', 'content' => '<p>July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard. According to the bank, it has supported the player under its corporate social responsibility (CSR) activity. Issuing a press statement, the bank informed that the support given by bank will encourage national players in their professional careers. Nangsal had won silver medals in both 12<sup>th</sup> Saouth Asian Games Women Team Events in 2016 and Women Single Championship. She had also bagged silver medal in 11<sup>th</sup> SAG Women Team Event held in 2010. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3834', 'image' => '20160719032508_citiz.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4000', 'article_category_id' => '1', 'title' => '750ml Sprite for the Price of 500ml', 'sub_title' => '', 'summary' => 'July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be v', 'content' => '<p>July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be valid until designated stocks last. It has been launched in all major cities across Nepal and can be availed in all leading traditional and modern trade outlets. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3833', 'image' => '20160719102058_sprite.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3999', 'article_category_id' => '1', 'title' => 'Himalayan Arabica Bags Best Gourmet Coffee Award', 'sub_title' => '', 'summary' => 'July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their Count', 'content' => '<p>July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2<sup>nd</sup> International Contest of Coffee Roasted in their Countries of Origin.' The event participated by participants from 24 countries, was organised by the Agency for the Valorization of Agricultural Products (AVPA) in Paris, France on 1st July. </p> <p>Philippe Juglar, President of AVPA congratulated all Nepalis and the team of Greenland Organic Farm Nepal, the producer of the coffee, for their hard work and skills to produce the coffee. </p> <p>"Our team would like to thank our amazing staffs and farmers who did an exceptional job from harvesting, processing to its fermentation and roasting which were really controlled. We are also thankful to our wonderful customers", states the Greenland Organic Farm in a press release.</p> <p> </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3832', 'image' => '20160718054642_himatea.JPG', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3998', 'article_category_id' => '1', 'title' => 'NTC to Provide Discount in Video Call for Hearing Impaired', 'sub_title' => '', 'summary' => 'July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.', 'content' => '<p style="text-align: justify;">July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.</p> <p style="text-align: justify;">According to Dilli Adhikari, DPY Manager of NTC, the company has started the newly launched services in sim cards connected to the scheme from July 15. The company informs that the customers need to submit clear identifying documents of hearing impaired people in its counter to get sim card priced Rs 90 with Rs 50 talktime.</p> <p style="text-align: justify;">Similarly, the company will provide free GSM prepaid sim or CDMA sim to the casualties of People's Movement 2006 for once on July 18. The casualties of People's Movement need to submit one photo with identity card issued by the government and one photocopy of citizenship certificate to get the sim card.</p> <p style="text-align: justify;">Likewise, the differently able people need to submit one photograph with identity card (red card) issued by Ministry of Women, Children and Social Welfare and Social Welfare Council and photocopy of citizenship certificate to get the sim card. The customers can get the service from any branch of the company. The company informs that the service will be validated upto January 2017.</p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3831', 'image' => '20160718045609_ntc.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3997', 'article_category_id' => '1', 'title' => 'Mobile App 'Honey Guide' for Tourists', 'sub_title' => '', 'summary' => 'July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.', 'content' => '<p style="text-align: justify;">July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.</p> <p style="text-align: justify;">Developer of the app believes that the app will ease the trekking routes for foreign tourists. According to the company, the app will provide security information along with detail information and attractions of the trekking routes to the tourists.</p> <p style="text-align: justify;">The app contains features like 'deviation Alert' and 'avalanche Alert'. These features will prevent tourists from getting lost and enter in avalanche prone areas. Abhisekh Pandey, Co-founder of the company claims that none of the tourists will be lost after using the app.</p> <p style="text-align: justify;">The app also contains feature like 'placecard'. As per Pandey, placecard contains detailed information of birds, plants and animals habitat on the trekking route. He added "The place card feature on the app will also inform the tourists about the local communities, their values, norms, and cultures."</p> <p style="text-align: justify;">The app provides information about the Himalaya ranges, too. It also avails the maps and contact numbers of lodges, hotels located in the area. The company informs that the app is totally based on offline. Once the user installs the app in his/her device, there is no need of internet access to fetch information from it. </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3830', 'image' => '20160718042409_honeyguy.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4011', 'article_category_id' => '1', 'title' => 'Ace Capital Re-appointed AD Bank’s Share Registrar', 'sub_title' => '', 'summary' => 'July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. ', 'content' => '<p>July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3844', 'image' => '20160721124158_ace.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4010', 'article_category_id' => '1', 'title' => 'Sangrila Devt Bank Earns Rs 350 Million Profit', 'sub_title' => '', 'summary' => 'July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.', 'content' => '<p>July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.</p> <p>According to Dinesh Thakali, Deputy CEO of the bank, it has currently distributed its right shares issuance at 4:1 ratio. The bank has also concluded auction bidding of 9,67,000 right shares of promoters' group. Currently, the bank is providing its services through 31 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3843', 'image' => '20160721123742_sangrila.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4009', 'article_category_id' => '1', 'title' => 'New Branch Opening of NB Insurance at Gongabu', 'sub_title' => '', 'summary' => 'July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On', 'content' => '<p style="text-align: justify;">July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On the occasion, Ambika Prasad Poudel, Chairman of the company said that the company will provide easy, prompt and reliable services to the customers. Similarly, Yugesh Bhakta Wade, CEO of the company informed of providing insurance services through 13 branches, 5 representative offices and 7 service counters. He also informed of earning Rs 40 million net profit and Rs 350 million insurance premium through 26,000 insurance policies in the FY 2072/73. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3842', 'image' => '20160721120628_nb.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4008', 'article_category_id' => '1', 'title' => 'Share Broker Commission Rate Deducted', 'sub_title' => '', 'summary' => 'July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Di', 'content' => '<p style="text-align: justify;">July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Director of SEBON.</p> <p style="text-align: justify;">“We got the approval on Wednesday after sending the proposal long time ago. The deducted commission rate will be implemented from Thursday,” he added. Stakeholders expressed that the deduction of share broker commission will reduce the cost that will attract investors in the market. “Deduction of commission is a positive part for investors. It will increase investment, trading amount and market index,” said share investor Ambika Poudel.</p> <p style="text-align: justify;">“Although deduction in broker commission rate will lead to decrease in income of the brokers, it will have positive effect in the market,” said Anjan Shrestha, Former Chairman of Broker Association. He informed that presently 10 broker companies occupy 70 percent of total trading. He also opined that brokers will engage in healthy competition of increasing share transactions in a bid to increase income after deduction of commission rate.</p> <p style="text-align: justify;">Now onwards, share trading worth Rs 50,000 will be levied 0.6 percent broker commission which was 1 percent earlier. Similarly, share trading worth Rs 50,000 to 500,000 will be levied 0.55 percent commission from earlier 0.9 percent.</p> <p style="text-align: justify;">Likewise, trading worth Rs 500,000 to Rs 2 million will be levied 0.5 percent which was 0.8 percent earlier. Broker commission for share trading worth of Rs 2 million to Rs 10 million has also been deducted to 0.45 percent from 0.7 percent. Meanwhile, broker commission of 0.4 percent will be levied on share transaction worth above 10 million. According to a higher source of Finance Ministry, the ministry has already correspondence SEBON on Wednesday regarding the deduction of broker commission. As per a source at SEBON, board of directors meeting of the regulator body will endorse the deduction rate and correspondence with the broker companies on Wednesday.</p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3841', 'image' => '20160721115218_Commissions-Copy.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4007', 'article_category_id' => '1', 'title' => 'Vianet Customer Care Center in Chabahil', 'sub_title' => '', 'summary' => 'July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. ', 'content' => '<p>July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. The company informed that the service center will provide bill payments, basic support and also handle inquiries about new internet packages to its customers. The company plans to launch outlets across major areas of Kathmandu, Lalitpur and Bhaktapur. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3840', 'image' => '20160720060130_vianet.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4006', 'article_category_id' => '1', 'title' => 'Prize Distribution to Winners of Hyundai Euro Prediction ', 'sub_title' => '', 'summary' => 'July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has rewarded the winners of Hyundai Euro Prediction contest.', 'content' => '<p>July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has distributed prizes to the winners of Hyundai Euro Prediction contest amid a program on July 18 at the Hyundai Thapathali showroom.</p> <p>The prediction contest was held through the official website of Laxmi Hyundai from June 6 to July 10. The participants of contest were required to make score prediction of Euro Cup 2016 matches. According to the company, 25,000 participants participated in the contest. Among them, Soyog Rana, Mahesh Regmi and Abhi Gupta were announced the winners. Likewise, Ashok Sapkota, Anisha Bataju and Ashish Manandhar were declared tournament winners.</p> <p>Soyog Rana who came first in the contest bagged a 40 inch Samsung LED TV. The first runner up Mahesh Regmi was awarded with a 32 inch Samsung LED TV while Abhi Gupta bagged a Samsung J7 smartphone for the third position. Likewise, Ashok Sapkota Prithvi, Anisa Bataju and Ashish Manadhar all won Samsung J5 smartphone as they correctly predicted the top goal scorer of the tournament, player of the tournament and winner of Euro Cup 2016 respectively. On the occassion, Amit Shrestha and Rajendra Gurung share their experiences about the tour to France who received chance to watch Euro Cup Final match through Hello Hyundai Owners program. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3839', 'image' => '20160720055858_hyundai.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4005', 'article_category_id' => '1', 'title' => 'Tata LPO 1618/62 in the Market', 'sub_title' => '', 'summary' => 'July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. ', 'content' => '<p>July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. The company honoured first five customers of the bus chassis along with the bus operator Shree Manjushree Bus Operating Committee. </p> <p>The bus which is 12 meters long has a wide body can accommodate 45 reclining seats with slipper berth and is fitted with pneumatic suspension. “The Chassis is powered by Tata Cummins Turbocharged/ Intercooled diesel engine,” informed Rajan Babu Shrestha, CEO of Sipradi Trading. Shrestha said that the bus ensures security and assures comfortable ride to the passengers.</p> <p>The new chassis comes with features like anti-lock breaking system and Voith Hydrodynamic Retarder, two 95/90 R 22.5-16 PR sized radial tyres. According to the company, the new chassis is appropriate for rides both inside and outside city areas.</p> <p>“The engine producing 180 HP and 675 Nm torque gives the bus excellent load bearing capacity on difficult terrains,” said Shrestha. He further briefed that apart from this feature, the 14-inch diameter clutch plate, G-600 gear box with Over Drive Mechanism and proportion of 41/7 adjustment of crown, the bus gives high speed consuming less fuel. The company is providing a warranty of three years or 300,000 kilometers to its customers on the purchase of the chassis.</p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3838', 'image' => '20160720042536_tata chasis.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4004', 'article_category_id' => '1', 'title' => 'Mahindra's New Showroom in Lagankhel', 'sub_title' => '', 'summary' => 'July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement', 'content' => '<p style="text-align: justify;">July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement, the company informed that the newly opened showroom will showcase TUV and Entry-Level SUV vehicle KUV 100. The company aims to provide the services to its customers through a newly opened showroom. According to the company, it believes to provide global brand experience and quality services to its customers. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3837', 'image' => '20160719042633_mahindra.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4003', 'article_category_id' => '1', 'title' => 'FNCCI Urges to Withdraw the Electricity Tariff Hike Decision', 'sub_title' => '', 'summary' => 'July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the ', 'content' => '<p style="text-align: justify;">July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the electricity tariff rate. Issuing a press statement, the private sector body said that increment in the tariff has created additional burdens to the entrepreneurs.</p> <p style="text-align: justify;">Nepal Electricity Authority (NEA) raised the tariff in a bid to recover the losses faced by it. “The decision is not rationale as it will hamper the overall industrial sector in Nepal,” said the FNCCI. FNCCI has expressed its disappointment that the related body did not talked with the private sectors before taking the decision.</p> <p style="text-align: justify;">“With or without the electricity supply, industries are required to pay the minimum demand charge. There are several impediments to the hydropower development and electricity supply, “Increasing the electricity tariff rate will raise the production cost ultimately affecting the competitive capacity of the industries,” reads the statement. The private sector body also criticised the removal of three per cent discount on the payment of the electricity bill. NEA provides such discount for the customers who pay their bills on time. </p> <p style="text-align: justify;"> “Being unresponsive to our needs and demands, the government’s decision to increase the electricity tariff is not appropriate,” says the FNCCI. FNCCI urged the government to immediately withdraw the decision and demanded engagement of the private sector regarding the setting of new electricity tariff.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3836', 'image' => '20160719041442_fncci.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4002', 'article_category_id' => '1', 'title' => 'Remittance Growth Declined with Decrease in Migrating Labourers', 'sub_title' => '', 'summary' => 'July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.', 'content' => '<p style="text-align:justify">July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.</p> <p style="text-align:justify">Specifically, decrease in labourers going to Gulf countries by 20.6 percent has attributed the decrease in growth of remittance flow. In the review period of the last FY, total of 386,315 foreign jobseekers left the country. In the previous year, the number was 486,287. Decline in the price of crude oil in the international market that led Gulf Countries to cut off number of labourers is also a primary reason of decreasing remittance growth. Additionally, due to the devastating earthquake of last year, labourers going abroad for job has also significantly dropped attributing decline in remittance flow.</p> <p style="text-align:justify">However, the annually increasing remittance flow has not been able to use for capital formation. The economic survey of 2072/73 shows that the 94.74 percent of remittance is spent for consumption. Most of the labourers going for foreign jobs are of weak economic background, thus capital formation lies least in their priority. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3835', 'image' => '20160719034815_Remittance Page Banner.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4001', 'article_category_id' => '1', 'title' => 'Citizens Bank Supports Badminton Player', 'sub_title' => '', 'summary' => 'July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard.', 'content' => '<p>July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard. According to the bank, it has supported the player under its corporate social responsibility (CSR) activity. Issuing a press statement, the bank informed that the support given by bank will encourage national players in their professional careers. Nangsal had won silver medals in both 12<sup>th</sup> Saouth Asian Games Women Team Events in 2016 and Women Single Championship. She had also bagged silver medal in 11<sup>th</sup> SAG Women Team Event held in 2010. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3834', 'image' => '20160719032508_citiz.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4000', 'article_category_id' => '1', 'title' => '750ml Sprite for the Price of 500ml', 'sub_title' => '', 'summary' => 'July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be v', 'content' => '<p>July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be valid until designated stocks last. It has been launched in all major cities across Nepal and can be availed in all leading traditional and modern trade outlets. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3833', 'image' => '20160719102058_sprite.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3999', 'article_category_id' => '1', 'title' => 'Himalayan Arabica Bags Best Gourmet Coffee Award', 'sub_title' => '', 'summary' => 'July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their Count', 'content' => '<p>July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2<sup>nd</sup> International Contest of Coffee Roasted in their Countries of Origin.' The event participated by participants from 24 countries, was organised by the Agency for the Valorization of Agricultural Products (AVPA) in Paris, France on 1st July. </p> <p>Philippe Juglar, President of AVPA congratulated all Nepalis and the team of Greenland Organic Farm Nepal, the producer of the coffee, for their hard work and skills to produce the coffee. </p> <p>"Our team would like to thank our amazing staffs and farmers who did an exceptional job from harvesting, processing to its fermentation and roasting which were really controlled. We are also thankful to our wonderful customers", states the Greenland Organic Farm in a press release.</p> <p> </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3832', 'image' => '20160718054642_himatea.JPG', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3998', 'article_category_id' => '1', 'title' => 'NTC to Provide Discount in Video Call for Hearing Impaired', 'sub_title' => '', 'summary' => 'July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.', 'content' => '<p style="text-align: justify;">July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.</p> <p style="text-align: justify;">According to Dilli Adhikari, DPY Manager of NTC, the company has started the newly launched services in sim cards connected to the scheme from July 15. The company informs that the customers need to submit clear identifying documents of hearing impaired people in its counter to get sim card priced Rs 90 with Rs 50 talktime.</p> <p style="text-align: justify;">Similarly, the company will provide free GSM prepaid sim or CDMA sim to the casualties of People's Movement 2006 for once on July 18. The casualties of People's Movement need to submit one photo with identity card issued by the government and one photocopy of citizenship certificate to get the sim card.</p> <p style="text-align: justify;">Likewise, the differently able people need to submit one photograph with identity card (red card) issued by Ministry of Women, Children and Social Welfare and Social Welfare Council and photocopy of citizenship certificate to get the sim card. The customers can get the service from any branch of the company. The company informs that the service will be validated upto January 2017.</p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3831', 'image' => '20160718045609_ntc.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3997', 'article_category_id' => '1', 'title' => 'Mobile App 'Honey Guide' for Tourists', 'sub_title' => '', 'summary' => 'July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.', 'content' => '<p style="text-align: justify;">July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.</p> <p style="text-align: justify;">Developer of the app believes that the app will ease the trekking routes for foreign tourists. According to the company, the app will provide security information along with detail information and attractions of the trekking routes to the tourists.</p> <p style="text-align: justify;">The app contains features like 'deviation Alert' and 'avalanche Alert'. These features will prevent tourists from getting lost and enter in avalanche prone areas. Abhisekh Pandey, Co-founder of the company claims that none of the tourists will be lost after using the app.</p> <p style="text-align: justify;">The app also contains feature like 'placecard'. As per Pandey, placecard contains detailed information of birds, plants and animals habitat on the trekking route. He added "The place card feature on the app will also inform the tourists about the local communities, their values, norms, and cultures."</p> <p style="text-align: justify;">The app provides information about the Himalaya ranges, too. It also avails the maps and contact numbers of lodges, hotels located in the area. The company informs that the app is totally based on offline. Once the user installs the app in his/her device, there is no need of internet access to fetch information from it. </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3830', 'image' => '20160718042409_honeyguy.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4011', 'article_category_id' => '1', 'title' => 'Ace Capital Re-appointed AD Bank’s Share Registrar', 'sub_title' => '', 'summary' => 'July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. ', 'content' => '<p>July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3844', 'image' => '20160721124158_ace.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4010', 'article_category_id' => '1', 'title' => 'Sangrila Devt Bank Earns Rs 350 Million Profit', 'sub_title' => '', 'summary' => 'July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.', 'content' => '<p>July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.</p> <p>According to Dinesh Thakali, Deputy CEO of the bank, it has currently distributed its right shares issuance at 4:1 ratio. The bank has also concluded auction bidding of 9,67,000 right shares of promoters' group. Currently, the bank is providing its services through 31 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3843', 'image' => '20160721123742_sangrila.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4009', 'article_category_id' => '1', 'title' => 'New Branch Opening of NB Insurance at Gongabu', 'sub_title' => '', 'summary' => 'July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On', 'content' => '<p style="text-align: justify;">July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On the occasion, Ambika Prasad Poudel, Chairman of the company said that the company will provide easy, prompt and reliable services to the customers. Similarly, Yugesh Bhakta Wade, CEO of the company informed of providing insurance services through 13 branches, 5 representative offices and 7 service counters. He also informed of earning Rs 40 million net profit and Rs 350 million insurance premium through 26,000 insurance policies in the FY 2072/73. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3842', 'image' => '20160721120628_nb.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4008', 'article_category_id' => '1', 'title' => 'Share Broker Commission Rate Deducted', 'sub_title' => '', 'summary' => 'July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Di', 'content' => '<p style="text-align: justify;">July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Director of SEBON.</p> <p style="text-align: justify;">“We got the approval on Wednesday after sending the proposal long time ago. The deducted commission rate will be implemented from Thursday,” he added. Stakeholders expressed that the deduction of share broker commission will reduce the cost that will attract investors in the market. “Deduction of commission is a positive part for investors. It will increase investment, trading amount and market index,” said share investor Ambika Poudel.</p> <p style="text-align: justify;">“Although deduction in broker commission rate will lead to decrease in income of the brokers, it will have positive effect in the market,” said Anjan Shrestha, Former Chairman of Broker Association. He informed that presently 10 broker companies occupy 70 percent of total trading. He also opined that brokers will engage in healthy competition of increasing share transactions in a bid to increase income after deduction of commission rate.</p> <p style="text-align: justify;">Now onwards, share trading worth Rs 50,000 will be levied 0.6 percent broker commission which was 1 percent earlier. Similarly, share trading worth Rs 50,000 to 500,000 will be levied 0.55 percent commission from earlier 0.9 percent.</p> <p style="text-align: justify;">Likewise, trading worth Rs 500,000 to Rs 2 million will be levied 0.5 percent which was 0.8 percent earlier. Broker commission for share trading worth of Rs 2 million to Rs 10 million has also been deducted to 0.45 percent from 0.7 percent. Meanwhile, broker commission of 0.4 percent will be levied on share transaction worth above 10 million. According to a higher source of Finance Ministry, the ministry has already correspondence SEBON on Wednesday regarding the deduction of broker commission. As per a source at SEBON, board of directors meeting of the regulator body will endorse the deduction rate and correspondence with the broker companies on Wednesday.</p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3841', 'image' => '20160721115218_Commissions-Copy.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4007', 'article_category_id' => '1', 'title' => 'Vianet Customer Care Center in Chabahil', 'sub_title' => '', 'summary' => 'July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. ', 'content' => '<p>July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. The company informed that the service center will provide bill payments, basic support and also handle inquiries about new internet packages to its customers. The company plans to launch outlets across major areas of Kathmandu, Lalitpur and Bhaktapur. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3840', 'image' => '20160720060130_vianet.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4006', 'article_category_id' => '1', 'title' => 'Prize Distribution to Winners of Hyundai Euro Prediction ', 'sub_title' => '', 'summary' => 'July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has rewarded the winners of Hyundai Euro Prediction contest.', 'content' => '<p>July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has distributed prizes to the winners of Hyundai Euro Prediction contest amid a program on July 18 at the Hyundai Thapathali showroom.</p> <p>The prediction contest was held through the official website of Laxmi Hyundai from June 6 to July 10. The participants of contest were required to make score prediction of Euro Cup 2016 matches. According to the company, 25,000 participants participated in the contest. Among them, Soyog Rana, Mahesh Regmi and Abhi Gupta were announced the winners. Likewise, Ashok Sapkota, Anisha Bataju and Ashish Manandhar were declared tournament winners.</p> <p>Soyog Rana who came first in the contest bagged a 40 inch Samsung LED TV. The first runner up Mahesh Regmi was awarded with a 32 inch Samsung LED TV while Abhi Gupta bagged a Samsung J7 smartphone for the third position. Likewise, Ashok Sapkota Prithvi, Anisa Bataju and Ashish Manadhar all won Samsung J5 smartphone as they correctly predicted the top goal scorer of the tournament, player of the tournament and winner of Euro Cup 2016 respectively. On the occassion, Amit Shrestha and Rajendra Gurung share their experiences about the tour to France who received chance to watch Euro Cup Final match through Hello Hyundai Owners program. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3839', 'image' => '20160720055858_hyundai.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4005', 'article_category_id' => '1', 'title' => 'Tata LPO 1618/62 in the Market', 'sub_title' => '', 'summary' => 'July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. ', 'content' => '<p>July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. The company honoured first five customers of the bus chassis along with the bus operator Shree Manjushree Bus Operating Committee. </p> <p>The bus which is 12 meters long has a wide body can accommodate 45 reclining seats with slipper berth and is fitted with pneumatic suspension. “The Chassis is powered by Tata Cummins Turbocharged/ Intercooled diesel engine,” informed Rajan Babu Shrestha, CEO of Sipradi Trading. Shrestha said that the bus ensures security and assures comfortable ride to the passengers.</p> <p>The new chassis comes with features like anti-lock breaking system and Voith Hydrodynamic Retarder, two 95/90 R 22.5-16 PR sized radial tyres. According to the company, the new chassis is appropriate for rides both inside and outside city areas.</p> <p>“The engine producing 180 HP and 675 Nm torque gives the bus excellent load bearing capacity on difficult terrains,” said Shrestha. He further briefed that apart from this feature, the 14-inch diameter clutch plate, G-600 gear box with Over Drive Mechanism and proportion of 41/7 adjustment of crown, the bus gives high speed consuming less fuel. The company is providing a warranty of three years or 300,000 kilometers to its customers on the purchase of the chassis.</p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3838', 'image' => '20160720042536_tata chasis.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4004', 'article_category_id' => '1', 'title' => 'Mahindra's New Showroom in Lagankhel', 'sub_title' => '', 'summary' => 'July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement', 'content' => '<p style="text-align: justify;">July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement, the company informed that the newly opened showroom will showcase TUV and Entry-Level SUV vehicle KUV 100. The company aims to provide the services to its customers through a newly opened showroom. According to the company, it believes to provide global brand experience and quality services to its customers. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3837', 'image' => '20160719042633_mahindra.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4003', 'article_category_id' => '1', 'title' => 'FNCCI Urges to Withdraw the Electricity Tariff Hike Decision', 'sub_title' => '', 'summary' => 'July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the ', 'content' => '<p style="text-align: justify;">July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the electricity tariff rate. Issuing a press statement, the private sector body said that increment in the tariff has created additional burdens to the entrepreneurs.</p> <p style="text-align: justify;">Nepal Electricity Authority (NEA) raised the tariff in a bid to recover the losses faced by it. “The decision is not rationale as it will hamper the overall industrial sector in Nepal,” said the FNCCI. FNCCI has expressed its disappointment that the related body did not talked with the private sectors before taking the decision.</p> <p style="text-align: justify;">“With or without the electricity supply, industries are required to pay the minimum demand charge. There are several impediments to the hydropower development and electricity supply, “Increasing the electricity tariff rate will raise the production cost ultimately affecting the competitive capacity of the industries,” reads the statement. The private sector body also criticised the removal of three per cent discount on the payment of the electricity bill. NEA provides such discount for the customers who pay their bills on time. </p> <p style="text-align: justify;"> “Being unresponsive to our needs and demands, the government’s decision to increase the electricity tariff is not appropriate,” says the FNCCI. FNCCI urged the government to immediately withdraw the decision and demanded engagement of the private sector regarding the setting of new electricity tariff.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3836', 'image' => '20160719041442_fncci.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4002', 'article_category_id' => '1', 'title' => 'Remittance Growth Declined with Decrease in Migrating Labourers', 'sub_title' => '', 'summary' => 'July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.', 'content' => '<p style="text-align:justify">July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.</p> <p style="text-align:justify">Specifically, decrease in labourers going to Gulf countries by 20.6 percent has attributed the decrease in growth of remittance flow. In the review period of the last FY, total of 386,315 foreign jobseekers left the country. In the previous year, the number was 486,287. Decline in the price of crude oil in the international market that led Gulf Countries to cut off number of labourers is also a primary reason of decreasing remittance growth. Additionally, due to the devastating earthquake of last year, labourers going abroad for job has also significantly dropped attributing decline in remittance flow.</p> <p style="text-align:justify">However, the annually increasing remittance flow has not been able to use for capital formation. The economic survey of 2072/73 shows that the 94.74 percent of remittance is spent for consumption. Most of the labourers going for foreign jobs are of weak economic background, thus capital formation lies least in their priority. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3835', 'image' => '20160719034815_Remittance Page Banner.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4001', 'article_category_id' => '1', 'title' => 'Citizens Bank Supports Badminton Player', 'sub_title' => '', 'summary' => 'July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard.', 'content' => '<p>July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard. According to the bank, it has supported the player under its corporate social responsibility (CSR) activity. Issuing a press statement, the bank informed that the support given by bank will encourage national players in their professional careers. Nangsal had won silver medals in both 12<sup>th</sup> Saouth Asian Games Women Team Events in 2016 and Women Single Championship. She had also bagged silver medal in 11<sup>th</sup> SAG Women Team Event held in 2010. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3834', 'image' => '20160719032508_citiz.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4000', 'article_category_id' => '1', 'title' => '750ml Sprite for the Price of 500ml', 'sub_title' => '', 'summary' => 'July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be v', 'content' => '<p>July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be valid until designated stocks last. It has been launched in all major cities across Nepal and can be availed in all leading traditional and modern trade outlets. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3833', 'image' => '20160719102058_sprite.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3999', 'article_category_id' => '1', 'title' => 'Himalayan Arabica Bags Best Gourmet Coffee Award', 'sub_title' => '', 'summary' => 'July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their Count', 'content' => '<p>July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2<sup>nd</sup> International Contest of Coffee Roasted in their Countries of Origin.' The event participated by participants from 24 countries, was organised by the Agency for the Valorization of Agricultural Products (AVPA) in Paris, France on 1st July. </p> <p>Philippe Juglar, President of AVPA congratulated all Nepalis and the team of Greenland Organic Farm Nepal, the producer of the coffee, for their hard work and skills to produce the coffee. </p> <p>"Our team would like to thank our amazing staffs and farmers who did an exceptional job from harvesting, processing to its fermentation and roasting which were really controlled. We are also thankful to our wonderful customers", states the Greenland Organic Farm in a press release.</p> <p> </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3832', 'image' => '20160718054642_himatea.JPG', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3998', 'article_category_id' => '1', 'title' => 'NTC to Provide Discount in Video Call for Hearing Impaired', 'sub_title' => '', 'summary' => 'July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.', 'content' => '<p style="text-align: justify;">July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.</p> <p style="text-align: justify;">According to Dilli Adhikari, DPY Manager of NTC, the company has started the newly launched services in sim cards connected to the scheme from July 15. The company informs that the customers need to submit clear identifying documents of hearing impaired people in its counter to get sim card priced Rs 90 with Rs 50 talktime.</p> <p style="text-align: justify;">Similarly, the company will provide free GSM prepaid sim or CDMA sim to the casualties of People's Movement 2006 for once on July 18. The casualties of People's Movement need to submit one photo with identity card issued by the government and one photocopy of citizenship certificate to get the sim card.</p> <p style="text-align: justify;">Likewise, the differently able people need to submit one photograph with identity card (red card) issued by Ministry of Women, Children and Social Welfare and Social Welfare Council and photocopy of citizenship certificate to get the sim card. The customers can get the service from any branch of the company. The company informs that the service will be validated upto January 2017.</p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3831', 'image' => '20160718045609_ntc.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3997', 'article_category_id' => '1', 'title' => 'Mobile App 'Honey Guide' for Tourists', 'sub_title' => '', 'summary' => 'July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.', 'content' => '<p style="text-align: justify;">July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.</p> <p style="text-align: justify;">Developer of the app believes that the app will ease the trekking routes for foreign tourists. According to the company, the app will provide security information along with detail information and attractions of the trekking routes to the tourists.</p> <p style="text-align: justify;">The app contains features like 'deviation Alert' and 'avalanche Alert'. These features will prevent tourists from getting lost and enter in avalanche prone areas. Abhisekh Pandey, Co-founder of the company claims that none of the tourists will be lost after using the app.</p> <p style="text-align: justify;">The app also contains feature like 'placecard'. As per Pandey, placecard contains detailed information of birds, plants and animals habitat on the trekking route. He added "The place card feature on the app will also inform the tourists about the local communities, their values, norms, and cultures."</p> <p style="text-align: justify;">The app provides information about the Himalaya ranges, too. It also avails the maps and contact numbers of lodges, hotels located in the area. The company informs that the app is totally based on offline. Once the user installs the app in his/her device, there is no need of internet access to fetch information from it. </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3830', 'image' => '20160718042409_honeyguy.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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' => '4011', 'article_category_id' => '1', 'title' => 'Ace Capital Re-appointed AD Bank’s Share Registrar', 'sub_title' => '', 'summary' => 'July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. ', 'content' => '<p>July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3844', 'image' => '20160721124158_ace.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4010', 'article_category_id' => '1', 'title' => 'Sangrila Devt Bank Earns Rs 350 Million Profit', 'sub_title' => '', 'summary' => 'July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.', 'content' => '<p>July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.</p> <p>According to Dinesh Thakali, Deputy CEO of the bank, it has currently distributed its right shares issuance at 4:1 ratio. The bank has also concluded auction bidding of 9,67,000 right shares of promoters' group. Currently, the bank is providing its services through 31 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3843', 'image' => '20160721123742_sangrila.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4009', 'article_category_id' => '1', 'title' => 'New Branch Opening of NB Insurance at Gongabu', 'sub_title' => '', 'summary' => 'July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On', 'content' => '<p style="text-align: justify;">July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20. On the occasion, Ambika Prasad Poudel, Chairman of the company said that the company will provide easy, prompt and reliable services to the customers. Similarly, Yugesh Bhakta Wade, CEO of the company informed of providing insurance services through 13 branches, 5 representative offices and 7 service counters. He also informed of earning Rs 40 million net profit and Rs 350 million insurance premium through 26,000 insurance policies in the FY 2072/73. </p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3842', 'image' => '20160721120628_nb.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4008', 'article_category_id' => '1', 'title' => 'Share Broker Commission Rate Deducted', 'sub_title' => '', 'summary' => 'July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Di', 'content' => '<p style="text-align: justify;">July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive Director of SEBON.</p> <p style="text-align: justify;">“We got the approval on Wednesday after sending the proposal long time ago. The deducted commission rate will be implemented from Thursday,” he added. Stakeholders expressed that the deduction of share broker commission will reduce the cost that will attract investors in the market. “Deduction of commission is a positive part for investors. It will increase investment, trading amount and market index,” said share investor Ambika Poudel.</p> <p style="text-align: justify;">“Although deduction in broker commission rate will lead to decrease in income of the brokers, it will have positive effect in the market,” said Anjan Shrestha, Former Chairman of Broker Association. He informed that presently 10 broker companies occupy 70 percent of total trading. He also opined that brokers will engage in healthy competition of increasing share transactions in a bid to increase income after deduction of commission rate.</p> <p style="text-align: justify;">Now onwards, share trading worth Rs 50,000 will be levied 0.6 percent broker commission which was 1 percent earlier. Similarly, share trading worth Rs 50,000 to 500,000 will be levied 0.55 percent commission from earlier 0.9 percent.</p> <p style="text-align: justify;">Likewise, trading worth Rs 500,000 to Rs 2 million will be levied 0.5 percent which was 0.8 percent earlier. Broker commission for share trading worth of Rs 2 million to Rs 10 million has also been deducted to 0.45 percent from 0.7 percent. Meanwhile, broker commission of 0.4 percent will be levied on share transaction worth above 10 million. According to a higher source of Finance Ministry, the ministry has already correspondence SEBON on Wednesday regarding the deduction of broker commission. As per a source at SEBON, board of directors meeting of the regulator body will endorse the deduction rate and correspondence with the broker companies on Wednesday.</p> ', 'published' => true, 'created' => '2016-07-21', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3841', 'image' => '20160721115218_Commissions-Copy.jpg', 'article_date' => '2016-07-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4007', 'article_category_id' => '1', 'title' => 'Vianet Customer Care Center in Chabahil', 'sub_title' => '', 'summary' => 'July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. ', 'content' => '<p>July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10. The company informed that the service center will provide bill payments, basic support and also handle inquiries about new internet packages to its customers. The company plans to launch outlets across major areas of Kathmandu, Lalitpur and Bhaktapur. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3840', 'image' => '20160720060130_vianet.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4006', 'article_category_id' => '1', 'title' => 'Prize Distribution to Winners of Hyundai Euro Prediction ', 'sub_title' => '', 'summary' => 'July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has rewarded the winners of Hyundai Euro Prediction contest.', 'content' => '<p>July 20: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal has distributed prizes to the winners of Hyundai Euro Prediction contest amid a program on July 18 at the Hyundai Thapathali showroom.</p> <p>The prediction contest was held through the official website of Laxmi Hyundai from June 6 to July 10. The participants of contest were required to make score prediction of Euro Cup 2016 matches. According to the company, 25,000 participants participated in the contest. Among them, Soyog Rana, Mahesh Regmi and Abhi Gupta were announced the winners. Likewise, Ashok Sapkota, Anisha Bataju and Ashish Manandhar were declared tournament winners.</p> <p>Soyog Rana who came first in the contest bagged a 40 inch Samsung LED TV. The first runner up Mahesh Regmi was awarded with a 32 inch Samsung LED TV while Abhi Gupta bagged a Samsung J7 smartphone for the third position. Likewise, Ashok Sapkota Prithvi, Anisa Bataju and Ashish Manadhar all won Samsung J5 smartphone as they correctly predicted the top goal scorer of the tournament, player of the tournament and winner of Euro Cup 2016 respectively. On the occassion, Amit Shrestha and Rajendra Gurung share their experiences about the tour to France who received chance to watch Euro Cup Final match through Hello Hyundai Owners program. </p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3839', 'image' => '20160720055858_hyundai.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4005', 'article_category_id' => '1', 'title' => 'Tata LPO 1618/62 in the Market', 'sub_title' => '', 'summary' => 'July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. ', 'content' => '<p>July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18. The company honoured first five customers of the bus chassis along with the bus operator Shree Manjushree Bus Operating Committee. </p> <p>The bus which is 12 meters long has a wide body can accommodate 45 reclining seats with slipper berth and is fitted with pneumatic suspension. “The Chassis is powered by Tata Cummins Turbocharged/ Intercooled diesel engine,” informed Rajan Babu Shrestha, CEO of Sipradi Trading. Shrestha said that the bus ensures security and assures comfortable ride to the passengers.</p> <p>The new chassis comes with features like anti-lock breaking system and Voith Hydrodynamic Retarder, two 95/90 R 22.5-16 PR sized radial tyres. According to the company, the new chassis is appropriate for rides both inside and outside city areas.</p> <p>“The engine producing 180 HP and 675 Nm torque gives the bus excellent load bearing capacity on difficult terrains,” said Shrestha. He further briefed that apart from this feature, the 14-inch diameter clutch plate, G-600 gear box with Over Drive Mechanism and proportion of 41/7 adjustment of crown, the bus gives high speed consuming less fuel. The company is providing a warranty of three years or 300,000 kilometers to its customers on the purchase of the chassis.</p> ', 'published' => true, 'created' => '2016-07-20', 'modified' => '2016-07-21', 'keywords' => '', 'description' => '', 'sortorder' => '3838', 'image' => '20160720042536_tata chasis.jpg', 'article_date' => '2016-07-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4004', 'article_category_id' => '1', 'title' => 'Mahindra's New Showroom in Lagankhel', 'sub_title' => '', 'summary' => 'July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement', 'content' => '<p style="text-align: justify;">July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press statement, the company informed that the newly opened showroom will showcase TUV and Entry-Level SUV vehicle KUV 100. The company aims to provide the services to its customers through a newly opened showroom. According to the company, it believes to provide global brand experience and quality services to its customers. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3837', 'image' => '20160719042633_mahindra.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4003', 'article_category_id' => '1', 'title' => 'FNCCI Urges to Withdraw the Electricity Tariff Hike Decision', 'sub_title' => '', 'summary' => 'July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the ', 'content' => '<p style="text-align: justify;">July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the electricity tariff rate. Issuing a press statement, the private sector body said that increment in the tariff has created additional burdens to the entrepreneurs.</p> <p style="text-align: justify;">Nepal Electricity Authority (NEA) raised the tariff in a bid to recover the losses faced by it. “The decision is not rationale as it will hamper the overall industrial sector in Nepal,” said the FNCCI. FNCCI has expressed its disappointment that the related body did not talked with the private sectors before taking the decision.</p> <p style="text-align: justify;">“With or without the electricity supply, industries are required to pay the minimum demand charge. There are several impediments to the hydropower development and electricity supply, “Increasing the electricity tariff rate will raise the production cost ultimately affecting the competitive capacity of the industries,” reads the statement. The private sector body also criticised the removal of three per cent discount on the payment of the electricity bill. NEA provides such discount for the customers who pay their bills on time. </p> <p style="text-align: justify;"> “Being unresponsive to our needs and demands, the government’s decision to increase the electricity tariff is not appropriate,” says the FNCCI. FNCCI urged the government to immediately withdraw the decision and demanded engagement of the private sector regarding the setting of new electricity tariff.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3836', 'image' => '20160719041442_fncci.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4002', 'article_category_id' => '1', 'title' => 'Remittance Growth Declined with Decrease in Migrating Labourers', 'sub_title' => '', 'summary' => 'July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.', 'content' => '<p style="text-align:justify">July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4 percent.</p> <p style="text-align:justify">Specifically, decrease in labourers going to Gulf countries by 20.6 percent has attributed the decrease in growth of remittance flow. In the review period of the last FY, total of 386,315 foreign jobseekers left the country. In the previous year, the number was 486,287. Decline in the price of crude oil in the international market that led Gulf Countries to cut off number of labourers is also a primary reason of decreasing remittance growth. Additionally, due to the devastating earthquake of last year, labourers going abroad for job has also significantly dropped attributing decline in remittance flow.</p> <p style="text-align:justify">However, the annually increasing remittance flow has not been able to use for capital formation. The economic survey of 2072/73 shows that the 94.74 percent of remittance is spent for consumption. Most of the labourers going for foreign jobs are of weak economic background, thus capital formation lies least in their priority. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3835', 'image' => '20160719034815_Remittance Page Banner.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4001', 'article_category_id' => '1', 'title' => 'Citizens Bank Supports Badminton Player', 'sub_title' => '', 'summary' => 'July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard.', 'content' => '<p>July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this regard. According to the bank, it has supported the player under its corporate social responsibility (CSR) activity. Issuing a press statement, the bank informed that the support given by bank will encourage national players in their professional careers. Nangsal had won silver medals in both 12<sup>th</sup> Saouth Asian Games Women Team Events in 2016 and Women Single Championship. She had also bagged silver medal in 11<sup>th</sup> SAG Women Team Event held in 2010. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3834', 'image' => '20160719032508_citiz.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4000', 'article_category_id' => '1', 'title' => '750ml Sprite for the Price of 500ml', 'sub_title' => '', 'summary' => 'July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be v', 'content' => '<p>July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be valid until designated stocks last. It has been launched in all major cities across Nepal and can be availed in all leading traditional and modern trade outlets. </p> ', 'published' => true, 'created' => '2016-07-19', 'modified' => '2016-07-19', 'keywords' => '', 'description' => '', 'sortorder' => '3833', 'image' => '20160719102058_sprite.jpg', 'article_date' => '2016-07-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3999', 'article_category_id' => '1', 'title' => 'Himalayan Arabica Bags Best Gourmet Coffee Award', 'sub_title' => '', 'summary' => 'July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their Count', 'content' => '<p>July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2<sup>nd</sup> International Contest of Coffee Roasted in their Countries of Origin.' The event participated by participants from 24 countries, was organised by the Agency for the Valorization of Agricultural Products (AVPA) in Paris, France on 1st July. </p> <p>Philippe Juglar, President of AVPA congratulated all Nepalis and the team of Greenland Organic Farm Nepal, the producer of the coffee, for their hard work and skills to produce the coffee. </p> <p>"Our team would like to thank our amazing staffs and farmers who did an exceptional job from harvesting, processing to its fermentation and roasting which were really controlled. We are also thankful to our wonderful customers", states the Greenland Organic Farm in a press release.</p> <p> </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3832', 'image' => '20160718054642_himatea.JPG', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3998', 'article_category_id' => '1', 'title' => 'NTC to Provide Discount in Video Call for Hearing Impaired', 'sub_title' => '', 'summary' => 'July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.', 'content' => '<p style="text-align: justify;">July 18: NTC has started video calls services for hearing impaired people in a very low price. Issuing a press statement, the company informed that the service is available within the network of the company. The company will charge Rs 0.5 (without taxes) per minute for the service.</p> <p style="text-align: justify;">According to Dilli Adhikari, DPY Manager of NTC, the company has started the newly launched services in sim cards connected to the scheme from July 15. The company informs that the customers need to submit clear identifying documents of hearing impaired people in its counter to get sim card priced Rs 90 with Rs 50 talktime.</p> <p style="text-align: justify;">Similarly, the company will provide free GSM prepaid sim or CDMA sim to the casualties of People's Movement 2006 for once on July 18. The casualties of People's Movement need to submit one photo with identity card issued by the government and one photocopy of citizenship certificate to get the sim card.</p> <p style="text-align: justify;">Likewise, the differently able people need to submit one photograph with identity card (red card) issued by Ministry of Women, Children and Social Welfare and Social Welfare Council and photocopy of citizenship certificate to get the sim card. The customers can get the service from any branch of the company. The company informs that the service will be validated upto January 2017.</p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3831', 'image' => '20160718045609_ntc.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3997', 'article_category_id' => '1', 'title' => 'Mobile App 'Honey Guide' for Tourists', 'sub_title' => '', 'summary' => 'July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.', 'content' => '<p style="text-align: justify;">July 18: A mobile app 'HoneyGuide' targeting tourists who wants to indulge in trekking in Nepal has been launched. The app that supports both Android and IOS operating systems has started its services for Everest Base Camp Trek, ABC Trek and Ghorepani-Poonhill Trek routes from July 17.</p> <p style="text-align: justify;">Developer of the app believes that the app will ease the trekking routes for foreign tourists. According to the company, the app will provide security information along with detail information and attractions of the trekking routes to the tourists.</p> <p style="text-align: justify;">The app contains features like 'deviation Alert' and 'avalanche Alert'. These features will prevent tourists from getting lost and enter in avalanche prone areas. Abhisekh Pandey, Co-founder of the company claims that none of the tourists will be lost after using the app.</p> <p style="text-align: justify;">The app also contains feature like 'placecard'. As per Pandey, placecard contains detailed information of birds, plants and animals habitat on the trekking route. He added "The place card feature on the app will also inform the tourists about the local communities, their values, norms, and cultures."</p> <p style="text-align: justify;">The app provides information about the Himalaya ranges, too. It also avails the maps and contact numbers of lodges, hotels located in the area. The company informs that the app is totally based on offline. Once the user installs the app in his/her device, there is no need of internet access to fetch information from it. </p> ', 'published' => true, 'created' => '2016-07-18', 'modified' => '2016-07-18', 'keywords' => '', 'description' => '', 'sortorder' => '3830', 'image' => '20160718042409_honeyguy.jpg', 'article_date' => '2016-07-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
