
April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali…
April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali…
April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said…
April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment.…
April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF).…
In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the…
As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different…
April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC)…
Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such…
Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan…
April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy…
April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's…
April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit.…
April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic…
April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May…
April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';
if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '17604', 'article_category_id' => '1', 'title' => 'Ride to Rara to Promote Tourism in Karnali ', 'sub_title' => '', 'summary' => 'April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The bike race featuring Bullet motorcycles will kick off from Birendranagar of Surkhet and conclude in Mugu, which is home to the majestic Rara Lake – the biggest lake of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The 'Ride to Rara' competition will be held from April 23 to 25. The event is being organized by Triveni Adventures Pvt Ltd and Royal Enfield Bullet Bike Showroom with support from Nepal Tourism Board and the National Sports Council.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of 40 riders travelling on 20 bullet motorcycles will be taking part in the competition, Manaraj Simkhada, a representative of one of the organising companies, told the state-owned national news agency RSS. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event is expected to help promote tourism in Karnali while the best riders will be selected to participate in a South Asian event, RSS quoted Simkhada as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The riders will be accompanied by a medical, technical and photography team and a documentary will also be produced. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the organizers, the registration fee is free of cost for any aspiring rider. The estimated cost of organizing the event is around Rs 800,000.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17339', 'image' => '20230419011744_upper-mustang-ride-600x500.jpg', 'article_date' => '2023-04-19 13:16:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17603', 'article_category_id' => '1', 'title' => 'Renowned Climber Hanna Dies on Mt Annapurna', 'sub_title' => '', 'summary' => 'April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Agencies</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday, adding that the 56-year-old climber died at Camp 4 on Monday night while he was returning after a successful summit of the 8091-meter peak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned RSS, his body was picked up from an altitude of 6,000 meters by a helicopter on Tuesday morning and was sent to TU Teaching Hospital in Maharajgunj, Kathmandu for \ postmortem. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Hanna had reportedly climbed Everest 10 times and reached atop the highest point on all seven continents.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In 2006, he climbed the world's highest peak and then cycled from the route's base camp to the sea in eastern India, reaching the Bay of Bengal after a marathon two-week bike ride, the AFP reported.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the French news agency, Annapurna, the world's tenth highest mountain, is avalanche-prone, technically difficult and has a higher death rate than Everest.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Another climber Baljeet Kaur, 28, from India was rescued from a spot at an altitude of 7,500 meters on Tuesday afternoon by a Kailash Air chopper,” RSS quoted one of the rescuers Indra Singh Sherchan of Dana as saying. Her expedition is managed by Pioneer Trekking Company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Kaur’s compatriot Arjun Vajpai, 30, was also rescued after a search lasting hours, AFP reported citing the Department of Tourism.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Another 34-year-old Indian climber, who fell into a crevasse on Monday, is still missing.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The spring climbing season had a tragic start last week with the death of three Sherpa climbers on Everest. The trio were crossing the treacherous Khumbu icefall on Wednesday as part of a supply mission when a block of glacial ice fell and swept them into a deep crevasse, AFP added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal is home to eight of the world's 10 highest peaks and welcomes hundreds of adventurers each spring climbing season, when temperatures are warm and winds are typically calm.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government has issued more than 700 climbing permits for various Himalayan mountains this season, including 319 for Everest.</span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17338', 'image' => '20230419123359_trekking-annapurna-680x261.jpg', 'article_date' => '2023-04-19 12:33:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17602', 'article_category_id' => '1', 'title' => 'President Paudel taken to India via Air Ambulance for Health Treatment ', 'sub_title' => '', 'summary' => 'April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. He was taken to India on Wednesday morning via an air ambulance of the Shree Airlines, according to the President's Secretariat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel had been admitted to the TU Teaching Hospital, Maharajganj on Tuesday evening after suffering some health complications. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel will be undergoing treatment at the All India Institute of Medical Sciences (AIIMS) in New Delhi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Before being admitted to the TUTH on Tuesday, President Paudel had returned home after treatment of stomach-related ailments at the same hospital on April 1. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17337', 'image' => '20230419113912_20220927025011_shree-airlines33.jpg', 'article_date' => '2023-04-19 11:38:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17601', 'article_category_id' => '1', 'title' => 'Abhishek Bastola becomes First Nepali Tennis Player to get ITF Ranking', 'sub_title' => '', 'summary' => 'April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). He is currently playing professional tennis in the US and has recently been ranked 1790 in the ITF ranking. Bastola is reportedly the first Nepali tennis player ever to get ITF ranking. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 23-year-old Bastola is studying in the US as well as advancing his sports career by playing various international competitions. Bastola started playing tennis in Pokhara when he was eight years old. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">At a program organized by the Kaski District Tennis Association in Pokhara on Tuesday, Bastola expressed pride for being recognized by the ITF. He mentioned that he will work to improve his rankings this year to around 1000 and within 500 next year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"It is a feeling of pride to play carrying the flag of my motherland Nepal in international competitions," said Bastola, who has played in tennis competitions in 14 different countries so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Central Vice President of Nepal Tennis Association Binod Kayastha said that Abhishek's achievement was a matter for pride for all Nepalis. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17336', 'image' => '20230419110730__SMC_MTennis_10_26_18_0334.jpg', 'article_date' => '2023-04-19 11:06:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17600', 'article_category_id' => '1', 'title' => 'KMC Forms Civil Society Network to Combat Air Pollution', 'sub_title' => '', 'summary' => 'In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.', 'content' => '<p><span style="font-size:20px">April 19: In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.</span></p> <p><span style="font-size:20px">The network aimed at creating public awareness at the community level against air pollution comprises people's representatives and civil society representatives from wards no 12, 13, 14, 15, 17,18,19, 20 and 25 that touch the Bishnumati River. </span></p> <p><span style="font-size:20px">The 11-member team headed by Niru Maharjan has Papul Sapkota and Pawan Prasad Gorkhali as network’s Vice-chair and Secretary respectively. Other members include Govind Shrestha, Swit Thapa, Sarita Bajracharya, Anesh Chitrakar, Nanihera Dangol, Kamal Kafle, and Gauri Devkota. </span></p> <p><span style="font-size:20px">An Advisory Committee comprising Sagar Prajapati, Kripa Sherpa and Bibhuti Manandhar as its members has also been formed. Kathmandu Metropolis Environment Committee Coordinator Balkrishna Maharjan said the network will discourage the locals to burn wastes and plastic.</span></p> <p><span style="font-size:20px">The network will launch a special sanitation drive at the community level and initiate door-to-door programme to minimize household pollution. </span></p> <p><span style="font-size:20px">Similarly, the network will sit for regular discussions and advise the concerned authorities about measures to improve the air quality. Air pollution is increasing due to forest fires, rising number of vehicles, among others, in the Kathmandu valley lately.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17335', 'image' => '20230419064420_collage (81).jpg', 'article_date' => '2023-04-19 06:42:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17599', 'article_category_id' => '218', 'title' => 'Mahalaxmi Bikas Bank Supports Different Organisations ', 'sub_title' => '', 'summary' => 'As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. ', 'content' => '<p><br /> <span style="font-size:20px">April 18: As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. </span></p> <p><span style="font-size:20px">Mahalaxmi Bikas Bank’s Baneshwor branch has handed over 50 sets of dustbins to Tinkune Tole Sudhar Committee located at Kathmandu Metropolitan City-32 Subidhanagar. Dustbins will help manage the waste, said the bank. </span></p> <p><span style="font-size:20px">Similarly, the bank’s Birgunj branch has provided the Alkhiya Math Management Committee with a water tank and some dustbins. The water tank will be helpful to provide drinking water to the pilgrims. </span></p> <p><span style="font-size:20px">Likewise, the bank’s Dhading branch has provided a scholarship scheme for Karneshwor Secondary School located at Nilkanth Municiplaity-7, Dhanding. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17334', 'image' => '20230418063113_collage - 2023-04-18T183034.809.jpg', 'article_date' => '2023-04-18 18:27:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17598', 'article_category_id' => '1', 'title' => 'Sub-Regional Workshop begins as preparations for Nepal's graduation from LDC', 'sub_title' => '', 'summary' => 'April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event named ''Structural Transformation Towards a Sustainable Graduation from the LDC Category" is coordinated by the National Planning Commission (NPC) and supported by UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific).</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Representatives from the UN agencies, various regional organizations, bodies concerned, government offices, private sector and the civil society are attending the workshop. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event will assess areas likely to be experienced from possible implications of Nepal's graduation from the LDC category and possible aspects for improvement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">NPC secretary Kewal Prasad Bhandari stressed the need of determining the area-wise priorities to ensure a sustainable departure from over the half-century old status of LDC and while pursuing the Sustainable Development Goals. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, it is necessary to evaluate the flip side of our graduation from the LDC as we will be losing facilities for various sectors we are receiving as the LDC nation. The workshop is expected to give a picture of such a side as well, according to Bhandari. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Along with Nepal, Bangladesh and Laos also aim to formally graduate from the LDC category by 2026. Nepal is currently in charge of the chair of the UN LDCs. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal has already met three major requirements ie improvement in three major indicators: Gross national income (GNI) per capita, Human Assets Index (HAI) and Economic and Environmental Vulnerability Index (EVI) as mandated by the UN for graduation. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"But still this is not enough to make a stride towards a developing country in a true sense. Improvement in the Multidimensional Poverty Index (MPI) which is largely concerned with people's health, education and living standards is also needed," Bhandari said, adding that Nepal's graduation to a developing country by 2026 is expected to be characterized by our better position than at the moment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Bhandari mentioned that Nepal is stressing on implementation of 'Istanbul Programme of Action' and 'Doha Programme of Action' issued for least developed member states of the United Nations.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, he opined that it is necessary to move ahead connecting the issues of graduation from least developed countries with sustainable development goals. Nepal in its annual policy, programme and budget has been taking the issues of achieving sustainable development goals and upgrading from least developed countries ahead in a coordinated way. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“It is necessary to connect this issue with budget, planning and formulation for its effectiveness,” shared Bhandari. According to the commission, this workshop was organized to get information on the working style and positive practice of the countries that graduated from the least developed countries and countries that are in the upgrading phase. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The workshop is being attended by concerned ministries, different government bodies and private sector stakeholders.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary Bhandari said, "We have invited the finance secretary of all seven provinces in this programme so that we are able to identify the activities to be carried out and areas of priority through the budget of the upcoming fiscal year. There is also participation from the private sector, civil society as well as other stakeholders."</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal will not get different facilities it has been receiving in the trade sector after its graduation from least developed countries. Nepal will take diplomatic initiative for the continuity of the facilities it has been receiving from South Asian Free Trade Area (SAFTA) and the World Trade Organisation (WTO). -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17333', 'image' => '20230418054213_20211128104924_aaa.jpeg', 'article_date' => '2023-04-18 17:41:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17597', 'article_category_id' => '1', 'title' => 'NEPSE Index Posts Marginal Fall; Turnover Amount Shrinks Further ', 'sub_title' => '', 'summary' => 'Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. ', 'content' => '<p><span style="font-size:20px"> April 18: Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. </span></p> <p><span style="font-size:20px">“The NEPSE Index will gain momentum only after the third quarter report of the listed companies is out,” said an active share investor. </span></p> <p><span style="font-size:20px">The NEPSE Index shed 3.07 points and closed at 1,904.98 on Tuesday. The NEPSE index had lost 23.64 points yesterday. </span></p> <p><span style="font-size:20px">A total of 266 scrips traded hands via 24,429 transactions. A total of 2,975,920 shares exchanged hands worth Rs. 87.04 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 92 crores.</span></p> <p><span style="font-size:20px">Prabhu Bank Limited Promoter Share (PRVUPO) shares traded the most and had the highest turnover of Rs. 5.26 crores closing at a market price of Rs. 102 per share.</span></p> <p><span style="font-size:20px"> Kalinchowk Darshan Limited (KDL) gained the highest 10% and hit the positive circuit for the day. <br /> Conversely, Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) lost the highest 5.05% today.</span></p> <p><span style="font-size:20px">Only three sector indices closed in the green zone. "Hotel and Tourism" gained the highest 1.17%, while "Manufacturing and processing" lost the highest 1.12% on Tuesday. </span></p> <p><span style="font-size:20px">On the third trading day of the week, Sensitive Index and Float Index lost 0.17 points and 0.18 points respectively, while Sensitive Float Index remained stable. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17332', 'image' => '20230418044028_collage - 2023-04-18T164211.929.jpg', 'article_date' => '2023-04-18 16:38:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17596', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Bal Bikash Samaj ', 'sub_title' => '', 'summary' => 'Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.', 'content' => '<p><span style="font-size:20px">April 18: Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.</span></p> <p><span style="font-size:20px">The bank handed Rs 1,50,000 to the Samaj. On the occasion of the 16th anniversary of the Samaj, the bank handed a cheque for Rs 1,50,000 to Samaj’s programme in-charge Govind Biswokarma. </span></p> <p><span style="font-size:20px">The financial assistance will be used for the children’s education and health, according to Samaj. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17331', 'image' => '20230418040134_collage - 2023-04-18T160258.588.jpg', 'article_date' => '2023-04-18 15:59:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17595', 'article_category_id' => '1', 'title' => 'Power Summit 2023 Kicks off', 'sub_title' => '', 'summary' => 'April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The event is being organized jointly by the Independent Power Producers Association of Nepal (IPPAN) and the Government of Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Inaugurating the Power Summit on Tuesday, Prime Minister Pushpa Kamal Dahal said that the Government of Nepal takes great pride in announcing to the world that Nepal today generates more power than it consumes seasonally. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal added that the government recognizes the energy sector as the one that can develop a strong base for prosperity of Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the Power Summit will serve as a means to share and learn the experiences of Nepal and abroad on the best strategies to expand the market for green energy. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Due to the accelerated pace of development of hydropower projects both from IPPs and state utilities, we anticipate to be a net exporter of electricity by 2025 without any need to import even in the dry season," the state-owned RSS quoted PM Dahal as saying.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Stating that many Nepalese still do not have access to green energy, PM Dahal pointed out that Nepal must continue to expand the grid as well as adopt off grid technologies to make electricity available to all people of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"If we can expand transmission and distribution lines and ensure a stable power supply,, many more industries can be created," PM Dahal said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to PM Dahal, until we build enough infrastructures to utilize the generated electricity internally, we need to export it to protect the huge investments already incurred in the generation side. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal said that the energy generated within the country can be a substitute for fossil fuel in the context that the industries in Nepal still heavily rely on diesel and coal that pollute the environment. The use of clean energy can also help reduce the huge trade deficit, the PM added.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17330', 'image' => '20230418035551_PRO_KTM_PRACHANDA6F8A7559(1).jpg', 'article_date' => '2023-04-18 15:53:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17594', 'article_category_id' => '1', 'title' => 'Cooperation between Government and Private Sector Essential to Bail out Economy: FinMin', 'sub_title' => '', 'summary' => 'April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy. During a meeting with the newly elected officials of the Federation of Nepalese Chamber of Commerce and Industry on Monday, Finance Minister Mahat said that the government needs the support of the private sector to improve the economy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"At present, the economy is under pressure. But we have not reached the point where nothing can be done. There are some problems and disruptions which should be removed collectively by government and the private sector,” Minister Mahat said, adding, "The leadership of the Federation has passed into the hands of bankers. You are knowledgeable about the financial system of the country. Let's take the initiative to solve it.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> He added that it is time to help each other in this difficult situation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat further said that “nobody needs help in an easy situation”. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He was of the view that help should be provided in difficult times. He admitted that the government was not able to work as it should done when the economy slowed down. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“I am ready to accept this reality. We have to improve everything. We have said many things in terms of policy, but we have not been able to implement them in practice,” he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat said that held formal and informal discussions with the leadership of Nepal Rastra Bank on the same issue. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The economic index will now be positive. Multilateral lenders, including the International Monetary Fund, have always been interested in Nepal's monetary policy, and based on their advice; initiatives have been taken to amend the old policies.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Mahat congratulated the newly elected officials of the Federation and wished them a successful tenure.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17329', 'image' => '20230418024517_20230402035731_1680390939.prakash sharan mahat.jpg', 'article_date' => '2023-04-18 14:44:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17593', 'article_category_id' => '1', 'title' => 'Annapurna Circuit sees Increase in Arrival of Tourists', 'sub_title' => '', 'summary' => 'April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. According to the Annapurna Conservation Area Project (ACAP)’s Tourist Check Point at Dharapani, around 100 to 150 foreign tourists are visiting the area on a daily basis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kshetra Bahadur Gurung, tourism assistant at the check point, said that there were few tourists on this trail until a few weeks ago, but now the number has been increasing. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Until a few weeks ago, around </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">40</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists used to visit this region daily, but the number has increased to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">150</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people a day,” he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the previous years, up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people used to arrive in this region daily. Even though not so many tourists have arrived here at the moment, Gurung says that the number of tourists is increasing compared to a few weeks ago. Tourism entrepreneurs expect the number of tourists to increase further.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mekh Bahadur Gurung, a tourism entrepreneur from Masryangdi Rural Municipality-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, said that the business of the hotels was slow due to the lack of tourists. “But now, the daily income has started to increase.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to tourism entrepreneur Pancha Bahadur Gurung, hundreds of hotel businesses are operating around this foot trail. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">ACAP officials said that most of the tourists visiting this area are from France and Germany.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Meanwhile, the tourism entrepreneurs have been demanding for arrangements to allow tourists visit Annapurna region without a guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Stakeholders in the Annapurna Circuit are preparing to submit a memorandum to the bodies concerned such as the District Administration Office Lamjung, Masryangdi Rural Municipality, demanding arrangements for tourists to visit the Annapurna Circuit without a tourist guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Khushiram Gurung, vice president of the Manang-Lamjung Hotel Business Committee, said, “The decision of TAAN taken some time ago for tourists to mandatorily have a guide has had an adverse impact. Lone tourists stopped coming while the business has also started to decline. So, we are preparing to submit a memorandum to various bodies to withdraw that decision.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The entrance to the Annapurna Circult begins from Bensisahar in Lamjung. This foot trail covers five districts namely Lamjung, Manang, Mustang, Myagdi and Kaski.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17328', 'image' => '20230418105411_annapurna.jpg', 'article_date' => '2023-04-18 10:53:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17592', 'article_category_id' => '1', 'title' => 'CNI holds Discussion to Promote Domestic Goods', 'sub_title' => '', 'summary' => 'April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The CNI organised a ‘meet and greet' programme in Kathmandu on Sunday in this regard. During the programme, the members associated with the Make in Nepal Campaign presented the problems faced by the domestic industry and suggestions on the policy issues that should be adopted for promotion of home-grown products.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Aggarwal, president of the confederation, emphasized on the need to increase the consumption of domestic goods to build a self-sufficient economy. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the CNI is effortful to boost the morale of private sector in a challenging economic situation at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“CNI is making efforts to create a conducive environment for the industries,” said Agrawal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Commerce and Supplies Dr Toya Narayan Gyawali pledged to implement the suggestions of the private sector for the promotion of indigenous industries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He added that the government will implement the suggestions such as the need to stop illegal business and to further differentiate the customs rates of raw materials and finished goods.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17327', 'image' => '20230418105315_cni.jpg', 'article_date' => '2023-04-18 10:52:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17591', 'article_category_id' => '1', 'title' => 'Seventh Chitwan International Industrial Exhibition 2080 in the Offing', 'sub_title' => '', 'summary' => 'April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The exhibition is being organized by Chitwan Industry Association, with the support from Confederation of Nepalese Industries (CNI), Media Space Solutions Pvt Ltd and Futurex Trade Fair and Event. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Organizers of the event said that the exhibition is being organized with the aim of supporting entrepreneurship development and industrial growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Agarwal, president of the CNI, said that there is a need to boost the morale of industrialists at a time when the economy is in a challenging state. Organizing the expo even in difficult will give a positive message to the industrialists, said Agrawal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Trilochan Kandel, the chairman of Chitwan Industry Association, the organizer of the exhibition, expressed his belief that the exhibition will be a suitable platform to encourage young people in entrepreneurship.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the exhibition will feature products and services of construction, agriculture, automobile, furniture, engineering, metal, pharmaceuticals, textile, printing, packaging, plastic, tourism, food and beverages and other industries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizers, there will be more than 200 stalls of domestic and international companies exhibiting modern machines, devices and technology that are useful for these industries.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17326', 'image' => '20230418105224_chitwan.jpg', 'article_date' => '2023-04-18 10:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17590', 'article_category_id' => '1', 'title' => 'NAC forms Sub-committee to Purchase Small Aircraft', 'sub_title' => '', 'summary' => 'April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC’s management committee had earlier submitted a report with suggestion to purchase three small aircraft in order to increase air connectivity to remote areas.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC said that the sub-committee was formed to implement the same report.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It has been learnt that the new aircraft will be purchased from NAC’s internal resources and the sub-committee will play a role in making the purchase transparent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC has maintained that the addition of aircraft will make it easier to provide services to passengers in remote areas. It will also promote tourism and help reduce the airfare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It may be noted that the NAC had decided to ground six of its aircraft bought from China on July 30, 2020 due to the high cost of operating those planes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A board meeting of NAC had decided to permanently ground the Chinese aircraft effective from July 30, 2020 due to the high cost of operation and maintenance as well as other factors such as high cost of training for pilots and unavailability of spare parts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Back then, the NAC board was heavily criticized for purchasing the aircraft under political pressure without conducting proper assessment.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the government had recently formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The five-member committee was formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17325', 'image' => '20230418100548_20200731122540_1596146267.Clipboard03.jpg', 'article_date' => '2023-04-18 10:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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' => '17604', 'article_category_id' => '1', 'title' => 'Ride to Rara to Promote Tourism in Karnali ', 'sub_title' => '', 'summary' => 'April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The bike race featuring Bullet motorcycles will kick off from Birendranagar of Surkhet and conclude in Mugu, which is home to the majestic Rara Lake – the biggest lake of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The 'Ride to Rara' competition will be held from April 23 to 25. The event is being organized by Triveni Adventures Pvt Ltd and Royal Enfield Bullet Bike Showroom with support from Nepal Tourism Board and the National Sports Council.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of 40 riders travelling on 20 bullet motorcycles will be taking part in the competition, Manaraj Simkhada, a representative of one of the organising companies, told the state-owned national news agency RSS. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event is expected to help promote tourism in Karnali while the best riders will be selected to participate in a South Asian event, RSS quoted Simkhada as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The riders will be accompanied by a medical, technical and photography team and a documentary will also be produced. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the organizers, the registration fee is free of cost for any aspiring rider. The estimated cost of organizing the event is around Rs 800,000.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17339', 'image' => '20230419011744_upper-mustang-ride-600x500.jpg', 'article_date' => '2023-04-19 13:16:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17603', 'article_category_id' => '1', 'title' => 'Renowned Climber Hanna Dies on Mt Annapurna', 'sub_title' => '', 'summary' => 'April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Agencies</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday, adding that the 56-year-old climber died at Camp 4 on Monday night while he was returning after a successful summit of the 8091-meter peak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned RSS, his body was picked up from an altitude of 6,000 meters by a helicopter on Tuesday morning and was sent to TU Teaching Hospital in Maharajgunj, Kathmandu for \ postmortem. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Hanna had reportedly climbed Everest 10 times and reached atop the highest point on all seven continents.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In 2006, he climbed the world's highest peak and then cycled from the route's base camp to the sea in eastern India, reaching the Bay of Bengal after a marathon two-week bike ride, the AFP reported.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the French news agency, Annapurna, the world's tenth highest mountain, is avalanche-prone, technically difficult and has a higher death rate than Everest.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Another climber Baljeet Kaur, 28, from India was rescued from a spot at an altitude of 7,500 meters on Tuesday afternoon by a Kailash Air chopper,” RSS quoted one of the rescuers Indra Singh Sherchan of Dana as saying. Her expedition is managed by Pioneer Trekking Company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Kaur’s compatriot Arjun Vajpai, 30, was also rescued after a search lasting hours, AFP reported citing the Department of Tourism.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Another 34-year-old Indian climber, who fell into a crevasse on Monday, is still missing.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The spring climbing season had a tragic start last week with the death of three Sherpa climbers on Everest. The trio were crossing the treacherous Khumbu icefall on Wednesday as part of a supply mission when a block of glacial ice fell and swept them into a deep crevasse, AFP added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal is home to eight of the world's 10 highest peaks and welcomes hundreds of adventurers each spring climbing season, when temperatures are warm and winds are typically calm.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government has issued more than 700 climbing permits for various Himalayan mountains this season, including 319 for Everest.</span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17338', 'image' => '20230419123359_trekking-annapurna-680x261.jpg', 'article_date' => '2023-04-19 12:33:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17602', 'article_category_id' => '1', 'title' => 'President Paudel taken to India via Air Ambulance for Health Treatment ', 'sub_title' => '', 'summary' => 'April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. He was taken to India on Wednesday morning via an air ambulance of the Shree Airlines, according to the President's Secretariat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel had been admitted to the TU Teaching Hospital, Maharajganj on Tuesday evening after suffering some health complications. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel will be undergoing treatment at the All India Institute of Medical Sciences (AIIMS) in New Delhi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Before being admitted to the TUTH on Tuesday, President Paudel had returned home after treatment of stomach-related ailments at the same hospital on April 1. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17337', 'image' => '20230419113912_20220927025011_shree-airlines33.jpg', 'article_date' => '2023-04-19 11:38:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17601', 'article_category_id' => '1', 'title' => 'Abhishek Bastola becomes First Nepali Tennis Player to get ITF Ranking', 'sub_title' => '', 'summary' => 'April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). He is currently playing professional tennis in the US and has recently been ranked 1790 in the ITF ranking. Bastola is reportedly the first Nepali tennis player ever to get ITF ranking. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 23-year-old Bastola is studying in the US as well as advancing his sports career by playing various international competitions. Bastola started playing tennis in Pokhara when he was eight years old. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">At a program organized by the Kaski District Tennis Association in Pokhara on Tuesday, Bastola expressed pride for being recognized by the ITF. He mentioned that he will work to improve his rankings this year to around 1000 and within 500 next year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"It is a feeling of pride to play carrying the flag of my motherland Nepal in international competitions," said Bastola, who has played in tennis competitions in 14 different countries so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Central Vice President of Nepal Tennis Association Binod Kayastha said that Abhishek's achievement was a matter for pride for all Nepalis. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17336', 'image' => '20230419110730__SMC_MTennis_10_26_18_0334.jpg', 'article_date' => '2023-04-19 11:06:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17600', 'article_category_id' => '1', 'title' => 'KMC Forms Civil Society Network to Combat Air Pollution', 'sub_title' => '', 'summary' => 'In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.', 'content' => '<p><span style="font-size:20px">April 19: In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.</span></p> <p><span style="font-size:20px">The network aimed at creating public awareness at the community level against air pollution comprises people's representatives and civil society representatives from wards no 12, 13, 14, 15, 17,18,19, 20 and 25 that touch the Bishnumati River. </span></p> <p><span style="font-size:20px">The 11-member team headed by Niru Maharjan has Papul Sapkota and Pawan Prasad Gorkhali as network’s Vice-chair and Secretary respectively. Other members include Govind Shrestha, Swit Thapa, Sarita Bajracharya, Anesh Chitrakar, Nanihera Dangol, Kamal Kafle, and Gauri Devkota. </span></p> <p><span style="font-size:20px">An Advisory Committee comprising Sagar Prajapati, Kripa Sherpa and Bibhuti Manandhar as its members has also been formed. Kathmandu Metropolis Environment Committee Coordinator Balkrishna Maharjan said the network will discourage the locals to burn wastes and plastic.</span></p> <p><span style="font-size:20px">The network will launch a special sanitation drive at the community level and initiate door-to-door programme to minimize household pollution. </span></p> <p><span style="font-size:20px">Similarly, the network will sit for regular discussions and advise the concerned authorities about measures to improve the air quality. Air pollution is increasing due to forest fires, rising number of vehicles, among others, in the Kathmandu valley lately.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17335', 'image' => '20230419064420_collage (81).jpg', 'article_date' => '2023-04-19 06:42:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17599', 'article_category_id' => '218', 'title' => 'Mahalaxmi Bikas Bank Supports Different Organisations ', 'sub_title' => '', 'summary' => 'As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. ', 'content' => '<p><br /> <span style="font-size:20px">April 18: As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. </span></p> <p><span style="font-size:20px">Mahalaxmi Bikas Bank’s Baneshwor branch has handed over 50 sets of dustbins to Tinkune Tole Sudhar Committee located at Kathmandu Metropolitan City-32 Subidhanagar. Dustbins will help manage the waste, said the bank. </span></p> <p><span style="font-size:20px">Similarly, the bank’s Birgunj branch has provided the Alkhiya Math Management Committee with a water tank and some dustbins. The water tank will be helpful to provide drinking water to the pilgrims. </span></p> <p><span style="font-size:20px">Likewise, the bank’s Dhading branch has provided a scholarship scheme for Karneshwor Secondary School located at Nilkanth Municiplaity-7, Dhanding. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17334', 'image' => '20230418063113_collage - 2023-04-18T183034.809.jpg', 'article_date' => '2023-04-18 18:27:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17598', 'article_category_id' => '1', 'title' => 'Sub-Regional Workshop begins as preparations for Nepal's graduation from LDC', 'sub_title' => '', 'summary' => 'April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event named ''Structural Transformation Towards a Sustainable Graduation from the LDC Category" is coordinated by the National Planning Commission (NPC) and supported by UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific).</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Representatives from the UN agencies, various regional organizations, bodies concerned, government offices, private sector and the civil society are attending the workshop. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event will assess areas likely to be experienced from possible implications of Nepal's graduation from the LDC category and possible aspects for improvement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">NPC secretary Kewal Prasad Bhandari stressed the need of determining the area-wise priorities to ensure a sustainable departure from over the half-century old status of LDC and while pursuing the Sustainable Development Goals. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, it is necessary to evaluate the flip side of our graduation from the LDC as we will be losing facilities for various sectors we are receiving as the LDC nation. The workshop is expected to give a picture of such a side as well, according to Bhandari. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Along with Nepal, Bangladesh and Laos also aim to formally graduate from the LDC category by 2026. Nepal is currently in charge of the chair of the UN LDCs. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal has already met three major requirements ie improvement in three major indicators: Gross national income (GNI) per capita, Human Assets Index (HAI) and Economic and Environmental Vulnerability Index (EVI) as mandated by the UN for graduation. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"But still this is not enough to make a stride towards a developing country in a true sense. Improvement in the Multidimensional Poverty Index (MPI) which is largely concerned with people's health, education and living standards is also needed," Bhandari said, adding that Nepal's graduation to a developing country by 2026 is expected to be characterized by our better position than at the moment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Bhandari mentioned that Nepal is stressing on implementation of 'Istanbul Programme of Action' and 'Doha Programme of Action' issued for least developed member states of the United Nations.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, he opined that it is necessary to move ahead connecting the issues of graduation from least developed countries with sustainable development goals. Nepal in its annual policy, programme and budget has been taking the issues of achieving sustainable development goals and upgrading from least developed countries ahead in a coordinated way. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“It is necessary to connect this issue with budget, planning and formulation for its effectiveness,” shared Bhandari. According to the commission, this workshop was organized to get information on the working style and positive practice of the countries that graduated from the least developed countries and countries that are in the upgrading phase. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The workshop is being attended by concerned ministries, different government bodies and private sector stakeholders.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary Bhandari said, "We have invited the finance secretary of all seven provinces in this programme so that we are able to identify the activities to be carried out and areas of priority through the budget of the upcoming fiscal year. There is also participation from the private sector, civil society as well as other stakeholders."</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal will not get different facilities it has been receiving in the trade sector after its graduation from least developed countries. Nepal will take diplomatic initiative for the continuity of the facilities it has been receiving from South Asian Free Trade Area (SAFTA) and the World Trade Organisation (WTO). -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17333', 'image' => '20230418054213_20211128104924_aaa.jpeg', 'article_date' => '2023-04-18 17:41:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17597', 'article_category_id' => '1', 'title' => 'NEPSE Index Posts Marginal Fall; Turnover Amount Shrinks Further ', 'sub_title' => '', 'summary' => 'Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. ', 'content' => '<p><span style="font-size:20px"> April 18: Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. </span></p> <p><span style="font-size:20px">“The NEPSE Index will gain momentum only after the third quarter report of the listed companies is out,” said an active share investor. </span></p> <p><span style="font-size:20px">The NEPSE Index shed 3.07 points and closed at 1,904.98 on Tuesday. The NEPSE index had lost 23.64 points yesterday. </span></p> <p><span style="font-size:20px">A total of 266 scrips traded hands via 24,429 transactions. A total of 2,975,920 shares exchanged hands worth Rs. 87.04 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 92 crores.</span></p> <p><span style="font-size:20px">Prabhu Bank Limited Promoter Share (PRVUPO) shares traded the most and had the highest turnover of Rs. 5.26 crores closing at a market price of Rs. 102 per share.</span></p> <p><span style="font-size:20px"> Kalinchowk Darshan Limited (KDL) gained the highest 10% and hit the positive circuit for the day. <br /> Conversely, Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) lost the highest 5.05% today.</span></p> <p><span style="font-size:20px">Only three sector indices closed in the green zone. "Hotel and Tourism" gained the highest 1.17%, while "Manufacturing and processing" lost the highest 1.12% on Tuesday. </span></p> <p><span style="font-size:20px">On the third trading day of the week, Sensitive Index and Float Index lost 0.17 points and 0.18 points respectively, while Sensitive Float Index remained stable. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17332', 'image' => '20230418044028_collage - 2023-04-18T164211.929.jpg', 'article_date' => '2023-04-18 16:38:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17596', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Bal Bikash Samaj ', 'sub_title' => '', 'summary' => 'Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.', 'content' => '<p><span style="font-size:20px">April 18: Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.</span></p> <p><span style="font-size:20px">The bank handed Rs 1,50,000 to the Samaj. On the occasion of the 16th anniversary of the Samaj, the bank handed a cheque for Rs 1,50,000 to Samaj’s programme in-charge Govind Biswokarma. </span></p> <p><span style="font-size:20px">The financial assistance will be used for the children’s education and health, according to Samaj. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17331', 'image' => '20230418040134_collage - 2023-04-18T160258.588.jpg', 'article_date' => '2023-04-18 15:59:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17595', 'article_category_id' => '1', 'title' => 'Power Summit 2023 Kicks off', 'sub_title' => '', 'summary' => 'April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The event is being organized jointly by the Independent Power Producers Association of Nepal (IPPAN) and the Government of Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Inaugurating the Power Summit on Tuesday, Prime Minister Pushpa Kamal Dahal said that the Government of Nepal takes great pride in announcing to the world that Nepal today generates more power than it consumes seasonally. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal added that the government recognizes the energy sector as the one that can develop a strong base for prosperity of Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the Power Summit will serve as a means to share and learn the experiences of Nepal and abroad on the best strategies to expand the market for green energy. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Due to the accelerated pace of development of hydropower projects both from IPPs and state utilities, we anticipate to be a net exporter of electricity by 2025 without any need to import even in the dry season," the state-owned RSS quoted PM Dahal as saying.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Stating that many Nepalese still do not have access to green energy, PM Dahal pointed out that Nepal must continue to expand the grid as well as adopt off grid technologies to make electricity available to all people of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"If we can expand transmission and distribution lines and ensure a stable power supply,, many more industries can be created," PM Dahal said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to PM Dahal, until we build enough infrastructures to utilize the generated electricity internally, we need to export it to protect the huge investments already incurred in the generation side. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal said that the energy generated within the country can be a substitute for fossil fuel in the context that the industries in Nepal still heavily rely on diesel and coal that pollute the environment. The use of clean energy can also help reduce the huge trade deficit, the PM added.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17330', 'image' => '20230418035551_PRO_KTM_PRACHANDA6F8A7559(1).jpg', 'article_date' => '2023-04-18 15:53:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17594', 'article_category_id' => '1', 'title' => 'Cooperation between Government and Private Sector Essential to Bail out Economy: FinMin', 'sub_title' => '', 'summary' => 'April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy. During a meeting with the newly elected officials of the Federation of Nepalese Chamber of Commerce and Industry on Monday, Finance Minister Mahat said that the government needs the support of the private sector to improve the economy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"At present, the economy is under pressure. But we have not reached the point where nothing can be done. There are some problems and disruptions which should be removed collectively by government and the private sector,” Minister Mahat said, adding, "The leadership of the Federation has passed into the hands of bankers. You are knowledgeable about the financial system of the country. Let's take the initiative to solve it.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> He added that it is time to help each other in this difficult situation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat further said that “nobody needs help in an easy situation”. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He was of the view that help should be provided in difficult times. He admitted that the government was not able to work as it should done when the economy slowed down. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“I am ready to accept this reality. We have to improve everything. We have said many things in terms of policy, but we have not been able to implement them in practice,” he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat said that held formal and informal discussions with the leadership of Nepal Rastra Bank on the same issue. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The economic index will now be positive. Multilateral lenders, including the International Monetary Fund, have always been interested in Nepal's monetary policy, and based on their advice; initiatives have been taken to amend the old policies.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Mahat congratulated the newly elected officials of the Federation and wished them a successful tenure.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17329', 'image' => '20230418024517_20230402035731_1680390939.prakash sharan mahat.jpg', 'article_date' => '2023-04-18 14:44:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17593', 'article_category_id' => '1', 'title' => 'Annapurna Circuit sees Increase in Arrival of Tourists', 'sub_title' => '', 'summary' => 'April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. According to the Annapurna Conservation Area Project (ACAP)’s Tourist Check Point at Dharapani, around 100 to 150 foreign tourists are visiting the area on a daily basis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kshetra Bahadur Gurung, tourism assistant at the check point, said that there were few tourists on this trail until a few weeks ago, but now the number has been increasing. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Until a few weeks ago, around </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">40</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists used to visit this region daily, but the number has increased to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">150</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people a day,” he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the previous years, up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people used to arrive in this region daily. Even though not so many tourists have arrived here at the moment, Gurung says that the number of tourists is increasing compared to a few weeks ago. Tourism entrepreneurs expect the number of tourists to increase further.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mekh Bahadur Gurung, a tourism entrepreneur from Masryangdi Rural Municipality-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, said that the business of the hotels was slow due to the lack of tourists. “But now, the daily income has started to increase.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to tourism entrepreneur Pancha Bahadur Gurung, hundreds of hotel businesses are operating around this foot trail. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">ACAP officials said that most of the tourists visiting this area are from France and Germany.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Meanwhile, the tourism entrepreneurs have been demanding for arrangements to allow tourists visit Annapurna region without a guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Stakeholders in the Annapurna Circuit are preparing to submit a memorandum to the bodies concerned such as the District Administration Office Lamjung, Masryangdi Rural Municipality, demanding arrangements for tourists to visit the Annapurna Circuit without a tourist guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Khushiram Gurung, vice president of the Manang-Lamjung Hotel Business Committee, said, “The decision of TAAN taken some time ago for tourists to mandatorily have a guide has had an adverse impact. Lone tourists stopped coming while the business has also started to decline. So, we are preparing to submit a memorandum to various bodies to withdraw that decision.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The entrance to the Annapurna Circult begins from Bensisahar in Lamjung. This foot trail covers five districts namely Lamjung, Manang, Mustang, Myagdi and Kaski.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17328', 'image' => '20230418105411_annapurna.jpg', 'article_date' => '2023-04-18 10:53:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17592', 'article_category_id' => '1', 'title' => 'CNI holds Discussion to Promote Domestic Goods', 'sub_title' => '', 'summary' => 'April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The CNI organised a ‘meet and greet' programme in Kathmandu on Sunday in this regard. During the programme, the members associated with the Make in Nepal Campaign presented the problems faced by the domestic industry and suggestions on the policy issues that should be adopted for promotion of home-grown products.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Aggarwal, president of the confederation, emphasized on the need to increase the consumption of domestic goods to build a self-sufficient economy. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the CNI is effortful to boost the morale of private sector in a challenging economic situation at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“CNI is making efforts to create a conducive environment for the industries,” said Agrawal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Commerce and Supplies Dr Toya Narayan Gyawali pledged to implement the suggestions of the private sector for the promotion of indigenous industries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He added that the government will implement the suggestions such as the need to stop illegal business and to further differentiate the customs rates of raw materials and finished goods.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17327', 'image' => '20230418105315_cni.jpg', 'article_date' => '2023-04-18 10:52:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17591', 'article_category_id' => '1', 'title' => 'Seventh Chitwan International Industrial Exhibition 2080 in the Offing', 'sub_title' => '', 'summary' => 'April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The exhibition is being organized by Chitwan Industry Association, with the support from Confederation of Nepalese Industries (CNI), Media Space Solutions Pvt Ltd and Futurex Trade Fair and Event. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Organizers of the event said that the exhibition is being organized with the aim of supporting entrepreneurship development and industrial growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Agarwal, president of the CNI, said that there is a need to boost the morale of industrialists at a time when the economy is in a challenging state. Organizing the expo even in difficult will give a positive message to the industrialists, said Agrawal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Trilochan Kandel, the chairman of Chitwan Industry Association, the organizer of the exhibition, expressed his belief that the exhibition will be a suitable platform to encourage young people in entrepreneurship.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the exhibition will feature products and services of construction, agriculture, automobile, furniture, engineering, metal, pharmaceuticals, textile, printing, packaging, plastic, tourism, food and beverages and other industries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizers, there will be more than 200 stalls of domestic and international companies exhibiting modern machines, devices and technology that are useful for these industries.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17326', 'image' => '20230418105224_chitwan.jpg', 'article_date' => '2023-04-18 10:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17590', 'article_category_id' => '1', 'title' => 'NAC forms Sub-committee to Purchase Small Aircraft', 'sub_title' => '', 'summary' => 'April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC’s management committee had earlier submitted a report with suggestion to purchase three small aircraft in order to increase air connectivity to remote areas.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC said that the sub-committee was formed to implement the same report.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It has been learnt that the new aircraft will be purchased from NAC’s internal resources and the sub-committee will play a role in making the purchase transparent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC has maintained that the addition of aircraft will make it easier to provide services to passengers in remote areas. It will also promote tourism and help reduce the airfare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It may be noted that the NAC had decided to ground six of its aircraft bought from China on July 30, 2020 due to the high cost of operating those planes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A board meeting of NAC had decided to permanently ground the Chinese aircraft effective from July 30, 2020 due to the high cost of operation and maintenance as well as other factors such as high cost of training for pilots and unavailability of spare parts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Back then, the NAC board was heavily criticized for purchasing the aircraft under political pressure without conducting proper assessment.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the government had recently formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The five-member committee was formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17325', 'image' => '20230418100548_20200731122540_1596146267.Clipboard03.jpg', 'article_date' => '2023-04-18 10:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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' => '17604', 'article_category_id' => '1', 'title' => 'Ride to Rara to Promote Tourism in Karnali ', 'sub_title' => '', 'summary' => 'April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The bike race featuring Bullet motorcycles will kick off from Birendranagar of Surkhet and conclude in Mugu, which is home to the majestic Rara Lake – the biggest lake of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The 'Ride to Rara' competition will be held from April 23 to 25. The event is being organized by Triveni Adventures Pvt Ltd and Royal Enfield Bullet Bike Showroom with support from Nepal Tourism Board and the National Sports Council.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of 40 riders travelling on 20 bullet motorcycles will be taking part in the competition, Manaraj Simkhada, a representative of one of the organising companies, told the state-owned national news agency RSS. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event is expected to help promote tourism in Karnali while the best riders will be selected to participate in a South Asian event, RSS quoted Simkhada as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The riders will be accompanied by a medical, technical and photography team and a documentary will also be produced. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the organizers, the registration fee is free of cost for any aspiring rider. The estimated cost of organizing the event is around Rs 800,000.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17339', 'image' => '20230419011744_upper-mustang-ride-600x500.jpg', 'article_date' => '2023-04-19 13:16:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17603', 'article_category_id' => '1', 'title' => 'Renowned Climber Hanna Dies on Mt Annapurna', 'sub_title' => '', 'summary' => 'April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Agencies</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday, adding that the 56-year-old climber died at Camp 4 on Monday night while he was returning after a successful summit of the 8091-meter peak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned RSS, his body was picked up from an altitude of 6,000 meters by a helicopter on Tuesday morning and was sent to TU Teaching Hospital in Maharajgunj, Kathmandu for \ postmortem. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Hanna had reportedly climbed Everest 10 times and reached atop the highest point on all seven continents.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In 2006, he climbed the world's highest peak and then cycled from the route's base camp to the sea in eastern India, reaching the Bay of Bengal after a marathon two-week bike ride, the AFP reported.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the French news agency, Annapurna, the world's tenth highest mountain, is avalanche-prone, technically difficult and has a higher death rate than Everest.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Another climber Baljeet Kaur, 28, from India was rescued from a spot at an altitude of 7,500 meters on Tuesday afternoon by a Kailash Air chopper,” RSS quoted one of the rescuers Indra Singh Sherchan of Dana as saying. Her expedition is managed by Pioneer Trekking Company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Kaur’s compatriot Arjun Vajpai, 30, was also rescued after a search lasting hours, AFP reported citing the Department of Tourism.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Another 34-year-old Indian climber, who fell into a crevasse on Monday, is still missing.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The spring climbing season had a tragic start last week with the death of three Sherpa climbers on Everest. The trio were crossing the treacherous Khumbu icefall on Wednesday as part of a supply mission when a block of glacial ice fell and swept them into a deep crevasse, AFP added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal is home to eight of the world's 10 highest peaks and welcomes hundreds of adventurers each spring climbing season, when temperatures are warm and winds are typically calm.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government has issued more than 700 climbing permits for various Himalayan mountains this season, including 319 for Everest.</span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17338', 'image' => '20230419123359_trekking-annapurna-680x261.jpg', 'article_date' => '2023-04-19 12:33:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17602', 'article_category_id' => '1', 'title' => 'President Paudel taken to India via Air Ambulance for Health Treatment ', 'sub_title' => '', 'summary' => 'April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. He was taken to India on Wednesday morning via an air ambulance of the Shree Airlines, according to the President's Secretariat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel had been admitted to the TU Teaching Hospital, Maharajganj on Tuesday evening after suffering some health complications. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel will be undergoing treatment at the All India Institute of Medical Sciences (AIIMS) in New Delhi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Before being admitted to the TUTH on Tuesday, President Paudel had returned home after treatment of stomach-related ailments at the same hospital on April 1. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17337', 'image' => '20230419113912_20220927025011_shree-airlines33.jpg', 'article_date' => '2023-04-19 11:38:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17601', 'article_category_id' => '1', 'title' => 'Abhishek Bastola becomes First Nepali Tennis Player to get ITF Ranking', 'sub_title' => '', 'summary' => 'April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). He is currently playing professional tennis in the US and has recently been ranked 1790 in the ITF ranking. Bastola is reportedly the first Nepali tennis player ever to get ITF ranking. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 23-year-old Bastola is studying in the US as well as advancing his sports career by playing various international competitions. Bastola started playing tennis in Pokhara when he was eight years old. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">At a program organized by the Kaski District Tennis Association in Pokhara on Tuesday, Bastola expressed pride for being recognized by the ITF. He mentioned that he will work to improve his rankings this year to around 1000 and within 500 next year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"It is a feeling of pride to play carrying the flag of my motherland Nepal in international competitions," said Bastola, who has played in tennis competitions in 14 different countries so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Central Vice President of Nepal Tennis Association Binod Kayastha said that Abhishek's achievement was a matter for pride for all Nepalis. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17336', 'image' => '20230419110730__SMC_MTennis_10_26_18_0334.jpg', 'article_date' => '2023-04-19 11:06:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17600', 'article_category_id' => '1', 'title' => 'KMC Forms Civil Society Network to Combat Air Pollution', 'sub_title' => '', 'summary' => 'In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.', 'content' => '<p><span style="font-size:20px">April 19: In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.</span></p> <p><span style="font-size:20px">The network aimed at creating public awareness at the community level against air pollution comprises people's representatives and civil society representatives from wards no 12, 13, 14, 15, 17,18,19, 20 and 25 that touch the Bishnumati River. </span></p> <p><span style="font-size:20px">The 11-member team headed by Niru Maharjan has Papul Sapkota and Pawan Prasad Gorkhali as network’s Vice-chair and Secretary respectively. Other members include Govind Shrestha, Swit Thapa, Sarita Bajracharya, Anesh Chitrakar, Nanihera Dangol, Kamal Kafle, and Gauri Devkota. </span></p> <p><span style="font-size:20px">An Advisory Committee comprising Sagar Prajapati, Kripa Sherpa and Bibhuti Manandhar as its members has also been formed. Kathmandu Metropolis Environment Committee Coordinator Balkrishna Maharjan said the network will discourage the locals to burn wastes and plastic.</span></p> <p><span style="font-size:20px">The network will launch a special sanitation drive at the community level and initiate door-to-door programme to minimize household pollution. </span></p> <p><span style="font-size:20px">Similarly, the network will sit for regular discussions and advise the concerned authorities about measures to improve the air quality. Air pollution is increasing due to forest fires, rising number of vehicles, among others, in the Kathmandu valley lately.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17335', 'image' => '20230419064420_collage (81).jpg', 'article_date' => '2023-04-19 06:42:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17599', 'article_category_id' => '218', 'title' => 'Mahalaxmi Bikas Bank Supports Different Organisations ', 'sub_title' => '', 'summary' => 'As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. ', 'content' => '<p><br /> <span style="font-size:20px">April 18: As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. </span></p> <p><span style="font-size:20px">Mahalaxmi Bikas Bank’s Baneshwor branch has handed over 50 sets of dustbins to Tinkune Tole Sudhar Committee located at Kathmandu Metropolitan City-32 Subidhanagar. Dustbins will help manage the waste, said the bank. </span></p> <p><span style="font-size:20px">Similarly, the bank’s Birgunj branch has provided the Alkhiya Math Management Committee with a water tank and some dustbins. The water tank will be helpful to provide drinking water to the pilgrims. </span></p> <p><span style="font-size:20px">Likewise, the bank’s Dhading branch has provided a scholarship scheme for Karneshwor Secondary School located at Nilkanth Municiplaity-7, Dhanding. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17334', 'image' => '20230418063113_collage - 2023-04-18T183034.809.jpg', 'article_date' => '2023-04-18 18:27:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17598', 'article_category_id' => '1', 'title' => 'Sub-Regional Workshop begins as preparations for Nepal's graduation from LDC', 'sub_title' => '', 'summary' => 'April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event named ''Structural Transformation Towards a Sustainable Graduation from the LDC Category" is coordinated by the National Planning Commission (NPC) and supported by UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific).</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Representatives from the UN agencies, various regional organizations, bodies concerned, government offices, private sector and the civil society are attending the workshop. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event will assess areas likely to be experienced from possible implications of Nepal's graduation from the LDC category and possible aspects for improvement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">NPC secretary Kewal Prasad Bhandari stressed the need of determining the area-wise priorities to ensure a sustainable departure from over the half-century old status of LDC and while pursuing the Sustainable Development Goals. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, it is necessary to evaluate the flip side of our graduation from the LDC as we will be losing facilities for various sectors we are receiving as the LDC nation. The workshop is expected to give a picture of such a side as well, according to Bhandari. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Along with Nepal, Bangladesh and Laos also aim to formally graduate from the LDC category by 2026. Nepal is currently in charge of the chair of the UN LDCs. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal has already met three major requirements ie improvement in three major indicators: Gross national income (GNI) per capita, Human Assets Index (HAI) and Economic and Environmental Vulnerability Index (EVI) as mandated by the UN for graduation. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"But still this is not enough to make a stride towards a developing country in a true sense. Improvement in the Multidimensional Poverty Index (MPI) which is largely concerned with people's health, education and living standards is also needed," Bhandari said, adding that Nepal's graduation to a developing country by 2026 is expected to be characterized by our better position than at the moment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Bhandari mentioned that Nepal is stressing on implementation of 'Istanbul Programme of Action' and 'Doha Programme of Action' issued for least developed member states of the United Nations.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, he opined that it is necessary to move ahead connecting the issues of graduation from least developed countries with sustainable development goals. Nepal in its annual policy, programme and budget has been taking the issues of achieving sustainable development goals and upgrading from least developed countries ahead in a coordinated way. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“It is necessary to connect this issue with budget, planning and formulation for its effectiveness,” shared Bhandari. According to the commission, this workshop was organized to get information on the working style and positive practice of the countries that graduated from the least developed countries and countries that are in the upgrading phase. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The workshop is being attended by concerned ministries, different government bodies and private sector stakeholders.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary Bhandari said, "We have invited the finance secretary of all seven provinces in this programme so that we are able to identify the activities to be carried out and areas of priority through the budget of the upcoming fiscal year. There is also participation from the private sector, civil society as well as other stakeholders."</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal will not get different facilities it has been receiving in the trade sector after its graduation from least developed countries. Nepal will take diplomatic initiative for the continuity of the facilities it has been receiving from South Asian Free Trade Area (SAFTA) and the World Trade Organisation (WTO). -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17333', 'image' => '20230418054213_20211128104924_aaa.jpeg', 'article_date' => '2023-04-18 17:41:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17597', 'article_category_id' => '1', 'title' => 'NEPSE Index Posts Marginal Fall; Turnover Amount Shrinks Further ', 'sub_title' => '', 'summary' => 'Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. ', 'content' => '<p><span style="font-size:20px"> April 18: Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. </span></p> <p><span style="font-size:20px">“The NEPSE Index will gain momentum only after the third quarter report of the listed companies is out,” said an active share investor. </span></p> <p><span style="font-size:20px">The NEPSE Index shed 3.07 points and closed at 1,904.98 on Tuesday. The NEPSE index had lost 23.64 points yesterday. </span></p> <p><span style="font-size:20px">A total of 266 scrips traded hands via 24,429 transactions. A total of 2,975,920 shares exchanged hands worth Rs. 87.04 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 92 crores.</span></p> <p><span style="font-size:20px">Prabhu Bank Limited Promoter Share (PRVUPO) shares traded the most and had the highest turnover of Rs. 5.26 crores closing at a market price of Rs. 102 per share.</span></p> <p><span style="font-size:20px"> Kalinchowk Darshan Limited (KDL) gained the highest 10% and hit the positive circuit for the day. <br /> Conversely, Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) lost the highest 5.05% today.</span></p> <p><span style="font-size:20px">Only three sector indices closed in the green zone. "Hotel and Tourism" gained the highest 1.17%, while "Manufacturing and processing" lost the highest 1.12% on Tuesday. </span></p> <p><span style="font-size:20px">On the third trading day of the week, Sensitive Index and Float Index lost 0.17 points and 0.18 points respectively, while Sensitive Float Index remained stable. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17332', 'image' => '20230418044028_collage - 2023-04-18T164211.929.jpg', 'article_date' => '2023-04-18 16:38:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17596', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Bal Bikash Samaj ', 'sub_title' => '', 'summary' => 'Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.', 'content' => '<p><span style="font-size:20px">April 18: Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.</span></p> <p><span style="font-size:20px">The bank handed Rs 1,50,000 to the Samaj. On the occasion of the 16th anniversary of the Samaj, the bank handed a cheque for Rs 1,50,000 to Samaj’s programme in-charge Govind Biswokarma. </span></p> <p><span style="font-size:20px">The financial assistance will be used for the children’s education and health, according to Samaj. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17331', 'image' => '20230418040134_collage - 2023-04-18T160258.588.jpg', 'article_date' => '2023-04-18 15:59:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17595', 'article_category_id' => '1', 'title' => 'Power Summit 2023 Kicks off', 'sub_title' => '', 'summary' => 'April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The event is being organized jointly by the Independent Power Producers Association of Nepal (IPPAN) and the Government of Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Inaugurating the Power Summit on Tuesday, Prime Minister Pushpa Kamal Dahal said that the Government of Nepal takes great pride in announcing to the world that Nepal today generates more power than it consumes seasonally. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal added that the government recognizes the energy sector as the one that can develop a strong base for prosperity of Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the Power Summit will serve as a means to share and learn the experiences of Nepal and abroad on the best strategies to expand the market for green energy. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Due to the accelerated pace of development of hydropower projects both from IPPs and state utilities, we anticipate to be a net exporter of electricity by 2025 without any need to import even in the dry season," the state-owned RSS quoted PM Dahal as saying.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Stating that many Nepalese still do not have access to green energy, PM Dahal pointed out that Nepal must continue to expand the grid as well as adopt off grid technologies to make electricity available to all people of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"If we can expand transmission and distribution lines and ensure a stable power supply,, many more industries can be created," PM Dahal said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to PM Dahal, until we build enough infrastructures to utilize the generated electricity internally, we need to export it to protect the huge investments already incurred in the generation side. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal said that the energy generated within the country can be a substitute for fossil fuel in the context that the industries in Nepal still heavily rely on diesel and coal that pollute the environment. The use of clean energy can also help reduce the huge trade deficit, the PM added.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17330', 'image' => '20230418035551_PRO_KTM_PRACHANDA6F8A7559(1).jpg', 'article_date' => '2023-04-18 15:53:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17594', 'article_category_id' => '1', 'title' => 'Cooperation between Government and Private Sector Essential to Bail out Economy: FinMin', 'sub_title' => '', 'summary' => 'April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy. During a meeting with the newly elected officials of the Federation of Nepalese Chamber of Commerce and Industry on Monday, Finance Minister Mahat said that the government needs the support of the private sector to improve the economy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"At present, the economy is under pressure. But we have not reached the point where nothing can be done. There are some problems and disruptions which should be removed collectively by government and the private sector,” Minister Mahat said, adding, "The leadership of the Federation has passed into the hands of bankers. You are knowledgeable about the financial system of the country. Let's take the initiative to solve it.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> He added that it is time to help each other in this difficult situation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat further said that “nobody needs help in an easy situation”. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He was of the view that help should be provided in difficult times. He admitted that the government was not able to work as it should done when the economy slowed down. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“I am ready to accept this reality. We have to improve everything. We have said many things in terms of policy, but we have not been able to implement them in practice,” he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat said that held formal and informal discussions with the leadership of Nepal Rastra Bank on the same issue. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The economic index will now be positive. Multilateral lenders, including the International Monetary Fund, have always been interested in Nepal's monetary policy, and based on their advice; initiatives have been taken to amend the old policies.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Mahat congratulated the newly elected officials of the Federation and wished them a successful tenure.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17329', 'image' => '20230418024517_20230402035731_1680390939.prakash sharan mahat.jpg', 'article_date' => '2023-04-18 14:44:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17593', 'article_category_id' => '1', 'title' => 'Annapurna Circuit sees Increase in Arrival of Tourists', 'sub_title' => '', 'summary' => 'April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. According to the Annapurna Conservation Area Project (ACAP)’s Tourist Check Point at Dharapani, around 100 to 150 foreign tourists are visiting the area on a daily basis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kshetra Bahadur Gurung, tourism assistant at the check point, said that there were few tourists on this trail until a few weeks ago, but now the number has been increasing. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Until a few weeks ago, around </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">40</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists used to visit this region daily, but the number has increased to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">150</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people a day,” he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the previous years, up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people used to arrive in this region daily. Even though not so many tourists have arrived here at the moment, Gurung says that the number of tourists is increasing compared to a few weeks ago. Tourism entrepreneurs expect the number of tourists to increase further.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mekh Bahadur Gurung, a tourism entrepreneur from Masryangdi Rural Municipality-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, said that the business of the hotels was slow due to the lack of tourists. “But now, the daily income has started to increase.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to tourism entrepreneur Pancha Bahadur Gurung, hundreds of hotel businesses are operating around this foot trail. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">ACAP officials said that most of the tourists visiting this area are from France and Germany.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Meanwhile, the tourism entrepreneurs have been demanding for arrangements to allow tourists visit Annapurna region without a guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Stakeholders in the Annapurna Circuit are preparing to submit a memorandum to the bodies concerned such as the District Administration Office Lamjung, Masryangdi Rural Municipality, demanding arrangements for tourists to visit the Annapurna Circuit without a tourist guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Khushiram Gurung, vice president of the Manang-Lamjung Hotel Business Committee, said, “The decision of TAAN taken some time ago for tourists to mandatorily have a guide has had an adverse impact. Lone tourists stopped coming while the business has also started to decline. So, we are preparing to submit a memorandum to various bodies to withdraw that decision.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The entrance to the Annapurna Circult begins from Bensisahar in Lamjung. This foot trail covers five districts namely Lamjung, Manang, Mustang, Myagdi and Kaski.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17328', 'image' => '20230418105411_annapurna.jpg', 'article_date' => '2023-04-18 10:53:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17592', 'article_category_id' => '1', 'title' => 'CNI holds Discussion to Promote Domestic Goods', 'sub_title' => '', 'summary' => 'April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The CNI organised a ‘meet and greet' programme in Kathmandu on Sunday in this regard. During the programme, the members associated with the Make in Nepal Campaign presented the problems faced by the domestic industry and suggestions on the policy issues that should be adopted for promotion of home-grown products.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Aggarwal, president of the confederation, emphasized on the need to increase the consumption of domestic goods to build a self-sufficient economy. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the CNI is effortful to boost the morale of private sector in a challenging economic situation at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“CNI is making efforts to create a conducive environment for the industries,” said Agrawal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Commerce and Supplies Dr Toya Narayan Gyawali pledged to implement the suggestions of the private sector for the promotion of indigenous industries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He added that the government will implement the suggestions such as the need to stop illegal business and to further differentiate the customs rates of raw materials and finished goods.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17327', 'image' => '20230418105315_cni.jpg', 'article_date' => '2023-04-18 10:52:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17591', 'article_category_id' => '1', 'title' => 'Seventh Chitwan International Industrial Exhibition 2080 in the Offing', 'sub_title' => '', 'summary' => 'April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The exhibition is being organized by Chitwan Industry Association, with the support from Confederation of Nepalese Industries (CNI), Media Space Solutions Pvt Ltd and Futurex Trade Fair and Event. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Organizers of the event said that the exhibition is being organized with the aim of supporting entrepreneurship development and industrial growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Agarwal, president of the CNI, said that there is a need to boost the morale of industrialists at a time when the economy is in a challenging state. Organizing the expo even in difficult will give a positive message to the industrialists, said Agrawal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Trilochan Kandel, the chairman of Chitwan Industry Association, the organizer of the exhibition, expressed his belief that the exhibition will be a suitable platform to encourage young people in entrepreneurship.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the exhibition will feature products and services of construction, agriculture, automobile, furniture, engineering, metal, pharmaceuticals, textile, printing, packaging, plastic, tourism, food and beverages and other industries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizers, there will be more than 200 stalls of domestic and international companies exhibiting modern machines, devices and technology that are useful for these industries.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17326', 'image' => '20230418105224_chitwan.jpg', 'article_date' => '2023-04-18 10:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17590', 'article_category_id' => '1', 'title' => 'NAC forms Sub-committee to Purchase Small Aircraft', 'sub_title' => '', 'summary' => 'April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC’s management committee had earlier submitted a report with suggestion to purchase three small aircraft in order to increase air connectivity to remote areas.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC said that the sub-committee was formed to implement the same report.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It has been learnt that the new aircraft will be purchased from NAC’s internal resources and the sub-committee will play a role in making the purchase transparent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC has maintained that the addition of aircraft will make it easier to provide services to passengers in remote areas. It will also promote tourism and help reduce the airfare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It may be noted that the NAC had decided to ground six of its aircraft bought from China on July 30, 2020 due to the high cost of operating those planes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A board meeting of NAC had decided to permanently ground the Chinese aircraft effective from July 30, 2020 due to the high cost of operation and maintenance as well as other factors such as high cost of training for pilots and unavailability of spare parts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Back then, the NAC board was heavily criticized for purchasing the aircraft under political pressure without conducting proper assessment.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the government had recently formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The five-member committee was formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17325', 'image' => '20230418100548_20200731122540_1596146267.Clipboard03.jpg', 'article_date' => '2023-04-18 10:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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' => '17604', 'article_category_id' => '1', 'title' => 'Ride to Rara to Promote Tourism in Karnali ', 'sub_title' => '', 'summary' => 'April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: 'Ride to Rara' motorcycle race is being held next week to promote tourism in Karnali Province.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The bike race featuring Bullet motorcycles will kick off from Birendranagar of Surkhet and conclude in Mugu, which is home to the majestic Rara Lake – the biggest lake of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The 'Ride to Rara' competition will be held from April 23 to 25. The event is being organized by Triveni Adventures Pvt Ltd and Royal Enfield Bullet Bike Showroom with support from Nepal Tourism Board and the National Sports Council.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of 40 riders travelling on 20 bullet motorcycles will be taking part in the competition, Manaraj Simkhada, a representative of one of the organising companies, told the state-owned national news agency RSS. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event is expected to help promote tourism in Karnali while the best riders will be selected to participate in a South Asian event, RSS quoted Simkhada as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The riders will be accompanied by a medical, technical and photography team and a documentary will also be produced. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the organizers, the registration fee is free of cost for any aspiring rider. The estimated cost of organizing the event is around Rs 800,000.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17339', 'image' => '20230419011744_upper-mustang-ride-600x500.jpg', 'article_date' => '2023-04-19 13:16:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17603', 'article_category_id' => '1', 'title' => 'Renowned Climber Hanna Dies on Mt Annapurna', 'sub_title' => '', 'summary' => 'April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Agencies</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Renowned Northern Irish climber Noel Hanna has died while descending from the summit of Mt Annapurna, officials said Tuesday, adding that the 56-year-old climber died at Camp 4 on Monday night while he was returning after a successful summit of the 8091-meter peak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned RSS, his body was picked up from an altitude of 6,000 meters by a helicopter on Tuesday morning and was sent to TU Teaching Hospital in Maharajgunj, Kathmandu for \ postmortem. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Hanna had reportedly climbed Everest 10 times and reached atop the highest point on all seven continents.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In 2006, he climbed the world's highest peak and then cycled from the route's base camp to the sea in eastern India, reaching the Bay of Bengal after a marathon two-week bike ride, the AFP reported.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the French news agency, Annapurna, the world's tenth highest mountain, is avalanche-prone, technically difficult and has a higher death rate than Everest.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Another climber Baljeet Kaur, 28, from India was rescued from a spot at an altitude of 7,500 meters on Tuesday afternoon by a Kailash Air chopper,” RSS quoted one of the rescuers Indra Singh Sherchan of Dana as saying. Her expedition is managed by Pioneer Trekking Company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Kaur’s compatriot Arjun Vajpai, 30, was also rescued after a search lasting hours, AFP reported citing the Department of Tourism.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Another 34-year-old Indian climber, who fell into a crevasse on Monday, is still missing.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The spring climbing season had a tragic start last week with the death of three Sherpa climbers on Everest. The trio were crossing the treacherous Khumbu icefall on Wednesday as part of a supply mission when a block of glacial ice fell and swept them into a deep crevasse, AFP added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal is home to eight of the world's 10 highest peaks and welcomes hundreds of adventurers each spring climbing season, when temperatures are warm and winds are typically calm.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government has issued more than 700 climbing permits for various Himalayan mountains this season, including 319 for Everest.</span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17338', 'image' => '20230419123359_trekking-annapurna-680x261.jpg', 'article_date' => '2023-04-19 12:33:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17602', 'article_category_id' => '1', 'title' => 'President Paudel taken to India via Air Ambulance for Health Treatment ', 'sub_title' => '', 'summary' => 'April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: President Ram Chandra Paudel has been taken to New Delhi, the capital of India, for medical treatment. He was taken to India on Wednesday morning via an air ambulance of the Shree Airlines, according to the President's Secretariat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel had been admitted to the TU Teaching Hospital, Maharajganj on Tuesday evening after suffering some health complications. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Paudel will be undergoing treatment at the All India Institute of Medical Sciences (AIIMS) in New Delhi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Before being admitted to the TUTH on Tuesday, President Paudel had returned home after treatment of stomach-related ailments at the same hospital on April 1. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17337', 'image' => '20230419113912_20220927025011_shree-airlines33.jpg', 'article_date' => '2023-04-19 11:38:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17601', 'article_category_id' => '1', 'title' => 'Abhishek Bastola becomes First Nepali Tennis Player to get ITF Ranking', 'sub_title' => '', 'summary' => 'April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 19: Abhishek Bastola of Pokhara has been enlisted in the world rankings of the International Tennis Federation (ITF). He is currently playing professional tennis in the US and has recently been ranked 1790 in the ITF ranking. Bastola is reportedly the first Nepali tennis player ever to get ITF ranking. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 23-year-old Bastola is studying in the US as well as advancing his sports career by playing various international competitions. Bastola started playing tennis in Pokhara when he was eight years old. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">At a program organized by the Kaski District Tennis Association in Pokhara on Tuesday, Bastola expressed pride for being recognized by the ITF. He mentioned that he will work to improve his rankings this year to around 1000 and within 500 next year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"It is a feeling of pride to play carrying the flag of my motherland Nepal in international competitions," said Bastola, who has played in tennis competitions in 14 different countries so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Central Vice President of Nepal Tennis Association Binod Kayastha said that Abhishek's achievement was a matter for pride for all Nepalis. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17336', 'image' => '20230419110730__SMC_MTennis_10_26_18_0334.jpg', 'article_date' => '2023-04-19 11:06:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17600', 'article_category_id' => '1', 'title' => 'KMC Forms Civil Society Network to Combat Air Pollution', 'sub_title' => '', 'summary' => 'In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.', 'content' => '<p><span style="font-size:20px">April 19: In a bid to combat air pollution, the Kathmandu Metropolitan City has formed a Civil Society Network, comprising 10 wards within the metropolis.</span></p> <p><span style="font-size:20px">The network aimed at creating public awareness at the community level against air pollution comprises people's representatives and civil society representatives from wards no 12, 13, 14, 15, 17,18,19, 20 and 25 that touch the Bishnumati River. </span></p> <p><span style="font-size:20px">The 11-member team headed by Niru Maharjan has Papul Sapkota and Pawan Prasad Gorkhali as network’s Vice-chair and Secretary respectively. Other members include Govind Shrestha, Swit Thapa, Sarita Bajracharya, Anesh Chitrakar, Nanihera Dangol, Kamal Kafle, and Gauri Devkota. </span></p> <p><span style="font-size:20px">An Advisory Committee comprising Sagar Prajapati, Kripa Sherpa and Bibhuti Manandhar as its members has also been formed. Kathmandu Metropolis Environment Committee Coordinator Balkrishna Maharjan said the network will discourage the locals to burn wastes and plastic.</span></p> <p><span style="font-size:20px">The network will launch a special sanitation drive at the community level and initiate door-to-door programme to minimize household pollution. </span></p> <p><span style="font-size:20px">Similarly, the network will sit for regular discussions and advise the concerned authorities about measures to improve the air quality. Air pollution is increasing due to forest fires, rising number of vehicles, among others, in the Kathmandu valley lately.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-19', 'modified' => '2023-04-19', 'keywords' => '', 'description' => '', 'sortorder' => '17335', 'image' => '20230419064420_collage (81).jpg', 'article_date' => '2023-04-19 06:42:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17599', 'article_category_id' => '218', 'title' => 'Mahalaxmi Bikas Bank Supports Different Organisations ', 'sub_title' => '', 'summary' => 'As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. ', 'content' => '<p><br /> <span style="font-size:20px">April 18: As part of its corporate social responsibility (CSR), Mahalaxmi Bikas Bank has helped different organizations at different places. </span></p> <p><span style="font-size:20px">Mahalaxmi Bikas Bank’s Baneshwor branch has handed over 50 sets of dustbins to Tinkune Tole Sudhar Committee located at Kathmandu Metropolitan City-32 Subidhanagar. Dustbins will help manage the waste, said the bank. </span></p> <p><span style="font-size:20px">Similarly, the bank’s Birgunj branch has provided the Alkhiya Math Management Committee with a water tank and some dustbins. The water tank will be helpful to provide drinking water to the pilgrims. </span></p> <p><span style="font-size:20px">Likewise, the bank’s Dhading branch has provided a scholarship scheme for Karneshwor Secondary School located at Nilkanth Municiplaity-7, Dhanding. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17334', 'image' => '20230418063113_collage - 2023-04-18T183034.809.jpg', 'article_date' => '2023-04-18 18:27:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17598', 'article_category_id' => '1', 'title' => 'Sub-Regional Workshop begins as preparations for Nepal's graduation from LDC', 'sub_title' => '', 'summary' => 'April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 18: A three-day sub-regional workshop began in Kathmandu on Tuesday as Nepal's preparations for its graduation from the Least Developed Country (LDC) category. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event named ''Structural Transformation Towards a Sustainable Graduation from the LDC Category" is coordinated by the National Planning Commission (NPC) and supported by UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific).</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Representatives from the UN agencies, various regional organizations, bodies concerned, government offices, private sector and the civil society are attending the workshop. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The event will assess areas likely to be experienced from possible implications of Nepal's graduation from the LDC category and possible aspects for improvement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">NPC secretary Kewal Prasad Bhandari stressed the need of determining the area-wise priorities to ensure a sustainable departure from over the half-century old status of LDC and while pursuing the Sustainable Development Goals. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, it is necessary to evaluate the flip side of our graduation from the LDC as we will be losing facilities for various sectors we are receiving as the LDC nation. The workshop is expected to give a picture of such a side as well, according to Bhandari. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Along with Nepal, Bangladesh and Laos also aim to formally graduate from the LDC category by 2026. Nepal is currently in charge of the chair of the UN LDCs. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal has already met three major requirements ie improvement in three major indicators: Gross national income (GNI) per capita, Human Assets Index (HAI) and Economic and Environmental Vulnerability Index (EVI) as mandated by the UN for graduation. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"But still this is not enough to make a stride towards a developing country in a true sense. Improvement in the Multidimensional Poverty Index (MPI) which is largely concerned with people's health, education and living standards is also needed," Bhandari said, adding that Nepal's graduation to a developing country by 2026 is expected to be characterized by our better position than at the moment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Bhandari mentioned that Nepal is stressing on implementation of 'Istanbul Programme of Action' and 'Doha Programme of Action' issued for least developed member states of the United Nations.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, he opined that it is necessary to move ahead connecting the issues of graduation from least developed countries with sustainable development goals. Nepal in its annual policy, programme and budget has been taking the issues of achieving sustainable development goals and upgrading from least developed countries ahead in a coordinated way. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“It is necessary to connect this issue with budget, planning and formulation for its effectiveness,” shared Bhandari. According to the commission, this workshop was organized to get information on the working style and positive practice of the countries that graduated from the least developed countries and countries that are in the upgrading phase. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The workshop is being attended by concerned ministries, different government bodies and private sector stakeholders.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary Bhandari said, "We have invited the finance secretary of all seven provinces in this programme so that we are able to identify the activities to be carried out and areas of priority through the budget of the upcoming fiscal year. There is also participation from the private sector, civil society as well as other stakeholders."</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Nepal will not get different facilities it has been receiving in the trade sector after its graduation from least developed countries. Nepal will take diplomatic initiative for the continuity of the facilities it has been receiving from South Asian Free Trade Area (SAFTA) and the World Trade Organisation (WTO). -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17333', 'image' => '20230418054213_20211128104924_aaa.jpeg', 'article_date' => '2023-04-18 17:41:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17597', 'article_category_id' => '1', 'title' => 'NEPSE Index Posts Marginal Fall; Turnover Amount Shrinks Further ', 'sub_title' => '', 'summary' => 'Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. ', 'content' => '<p><span style="font-size:20px"> April 18: Since investors are in wait and watch mood, the NEPSE Index has not seen any move-fall or rise- for the past few days. Investors are not willing to sell their equities at cheap prices. Neither are they eager to buy shares at such prices. </span></p> <p><span style="font-size:20px">“The NEPSE Index will gain momentum only after the third quarter report of the listed companies is out,” said an active share investor. </span></p> <p><span style="font-size:20px">The NEPSE Index shed 3.07 points and closed at 1,904.98 on Tuesday. The NEPSE index had lost 23.64 points yesterday. </span></p> <p><span style="font-size:20px">A total of 266 scrips traded hands via 24,429 transactions. A total of 2,975,920 shares exchanged hands worth Rs. 87.04 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 92 crores.</span></p> <p><span style="font-size:20px">Prabhu Bank Limited Promoter Share (PRVUPO) shares traded the most and had the highest turnover of Rs. 5.26 crores closing at a market price of Rs. 102 per share.</span></p> <p><span style="font-size:20px"> Kalinchowk Darshan Limited (KDL) gained the highest 10% and hit the positive circuit for the day. <br /> Conversely, Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) lost the highest 5.05% today.</span></p> <p><span style="font-size:20px">Only three sector indices closed in the green zone. "Hotel and Tourism" gained the highest 1.17%, while "Manufacturing and processing" lost the highest 1.12% on Tuesday. </span></p> <p><span style="font-size:20px">On the third trading day of the week, Sensitive Index and Float Index lost 0.17 points and 0.18 points respectively, while Sensitive Float Index remained stable. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17332', 'image' => '20230418044028_collage - 2023-04-18T164211.929.jpg', 'article_date' => '2023-04-18 16:38:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17596', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Bal Bikash Samaj ', 'sub_title' => '', 'summary' => 'Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.', 'content' => '<p><span style="font-size:20px">April 18: Citizens Bank International has provided financial assistance to Bal Bikash Samaj, a non-governmental organization working in the field of orphan children.</span></p> <p><span style="font-size:20px">The bank handed Rs 1,50,000 to the Samaj. On the occasion of the 16th anniversary of the Samaj, the bank handed a cheque for Rs 1,50,000 to Samaj’s programme in-charge Govind Biswokarma. </span></p> <p><span style="font-size:20px">The financial assistance will be used for the children’s education and health, according to Samaj. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17331', 'image' => '20230418040134_collage - 2023-04-18T160258.588.jpg', 'article_date' => '2023-04-18 15:59:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17595', 'article_category_id' => '1', 'title' => 'Power Summit 2023 Kicks off', 'sub_title' => '', 'summary' => 'April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 18: The Power Summit 2023 kicked off in Kathmandu on Tuesday with the theme 'Broadening Green Energy Markets.' </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The event is being organized jointly by the Independent Power Producers Association of Nepal (IPPAN) and the Government of Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Inaugurating the Power Summit on Tuesday, Prime Minister Pushpa Kamal Dahal said that the Government of Nepal takes great pride in announcing to the world that Nepal today generates more power than it consumes seasonally. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal added that the government recognizes the energy sector as the one that can develop a strong base for prosperity of Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the Power Summit will serve as a means to share and learn the experiences of Nepal and abroad on the best strategies to expand the market for green energy. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Due to the accelerated pace of development of hydropower projects both from IPPs and state utilities, we anticipate to be a net exporter of electricity by 2025 without any need to import even in the dry season," the state-owned RSS quoted PM Dahal as saying.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Stating that many Nepalese still do not have access to green energy, PM Dahal pointed out that Nepal must continue to expand the grid as well as adopt off grid technologies to make electricity available to all people of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"If we can expand transmission and distribution lines and ensure a stable power supply,, many more industries can be created," PM Dahal said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to PM Dahal, until we build enough infrastructures to utilize the generated electricity internally, we need to export it to protect the huge investments already incurred in the generation side. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">PM Dahal said that the energy generated within the country can be a substitute for fossil fuel in the context that the industries in Nepal still heavily rely on diesel and coal that pollute the environment. The use of clean energy can also help reduce the huge trade deficit, the PM added.</span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17330', 'image' => '20230418035551_PRO_KTM_PRACHANDA6F8A7559(1).jpg', 'article_date' => '2023-04-18 15:53:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17594', 'article_category_id' => '1', 'title' => 'Cooperation between Government and Private Sector Essential to Bail out Economy: FinMin', 'sub_title' => '', 'summary' => 'April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: Finance Minister Dr Prakash Sharan Mahat has said that the government and the private sector should work together to overcome the problems seen in the country's economy. During a meeting with the newly elected officials of the Federation of Nepalese Chamber of Commerce and Industry on Monday, Finance Minister Mahat said that the government needs the support of the private sector to improve the economy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"At present, the economy is under pressure. But we have not reached the point where nothing can be done. There are some problems and disruptions which should be removed collectively by government and the private sector,” Minister Mahat said, adding, "The leadership of the Federation has passed into the hands of bankers. You are knowledgeable about the financial system of the country. Let's take the initiative to solve it.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> He added that it is time to help each other in this difficult situation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat further said that “nobody needs help in an easy situation”. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He was of the view that help should be provided in difficult times. He admitted that the government was not able to work as it should done when the economy slowed down. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“I am ready to accept this reality. We have to improve everything. We have said many things in terms of policy, but we have not been able to implement them in practice,” he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Finance Minister Mahat said that held formal and informal discussions with the leadership of Nepal Rastra Bank on the same issue. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The economic index will now be positive. Multilateral lenders, including the International Monetary Fund, have always been interested in Nepal's monetary policy, and based on their advice; initiatives have been taken to amend the old policies.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Mahat congratulated the newly elected officials of the Federation and wished them a successful tenure.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17329', 'image' => '20230418024517_20230402035731_1680390939.prakash sharan mahat.jpg', 'article_date' => '2023-04-18 14:44:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17593', 'article_category_id' => '1', 'title' => 'Annapurna Circuit sees Increase in Arrival of Tourists', 'sub_title' => '', 'summary' => 'April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The arrival of foreign tourists has started to increase in the Annapurna Circuit. According to the Annapurna Conservation Area Project (ACAP)’s Tourist Check Point at Dharapani, around 100 to 150 foreign tourists are visiting the area on a daily basis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kshetra Bahadur Gurung, tourism assistant at the check point, said that there were few tourists on this trail until a few weeks ago, but now the number has been increasing. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Until a few weeks ago, around </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">40</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists used to visit this region daily, but the number has increased to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">150</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people a day,” he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the previous years, up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people used to arrive in this region daily. Even though not so many tourists have arrived here at the moment, Gurung says that the number of tourists is increasing compared to a few weeks ago. Tourism entrepreneurs expect the number of tourists to increase further.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mekh Bahadur Gurung, a tourism entrepreneur from Masryangdi Rural Municipality-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, said that the business of the hotels was slow due to the lack of tourists. “But now, the daily income has started to increase.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to tourism entrepreneur Pancha Bahadur Gurung, hundreds of hotel businesses are operating around this foot trail. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">ACAP officials said that most of the tourists visiting this area are from France and Germany.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Meanwhile, the tourism entrepreneurs have been demanding for arrangements to allow tourists visit Annapurna region without a guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Stakeholders in the Annapurna Circuit are preparing to submit a memorandum to the bodies concerned such as the District Administration Office Lamjung, Masryangdi Rural Municipality, demanding arrangements for tourists to visit the Annapurna Circuit without a tourist guide.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Khushiram Gurung, vice president of the Manang-Lamjung Hotel Business Committee, said, “The decision of TAAN taken some time ago for tourists to mandatorily have a guide has had an adverse impact. Lone tourists stopped coming while the business has also started to decline. So, we are preparing to submit a memorandum to various bodies to withdraw that decision.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The entrance to the Annapurna Circult begins from Bensisahar in Lamjung. This foot trail covers five districts namely Lamjung, Manang, Mustang, Myagdi and Kaski.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17328', 'image' => '20230418105411_annapurna.jpg', 'article_date' => '2023-04-18 10:53:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17592', 'article_category_id' => '1', 'title' => 'CNI holds Discussion to Promote Domestic Goods', 'sub_title' => '', 'summary' => 'April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: Confederation of Nepalese Industry (CNI) held a discussion on problems faced by the members affiliated to the Make in Nepal Campaign in course of producing domestic goods.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The CNI organised a ‘meet and greet' programme in Kathmandu on Sunday in this regard. During the programme, the members associated with the Make in Nepal Campaign presented the problems faced by the domestic industry and suggestions on the policy issues that should be adopted for promotion of home-grown products.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Aggarwal, president of the confederation, emphasized on the need to increase the consumption of domestic goods to build a self-sufficient economy. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the CNI is effortful to boost the morale of private sector in a challenging economic situation at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“CNI is making efforts to create a conducive environment for the industries,” said Agrawal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Commerce and Supplies Dr Toya Narayan Gyawali pledged to implement the suggestions of the private sector for the promotion of indigenous industries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He added that the government will implement the suggestions such as the need to stop illegal business and to further differentiate the customs rates of raw materials and finished goods.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17327', 'image' => '20230418105315_cni.jpg', 'article_date' => '2023-04-18 10:52:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17591', 'article_category_id' => '1', 'title' => 'Seventh Chitwan International Industrial Exhibition 2080 in the Offing', 'sub_title' => '', 'summary' => 'April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 18: The Seventh Chitwan International Industrial Exhibition 2080 will be held at Chitwan Exhibition Center, Bharatpur from May 5 to May 7</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The exhibition is being organized by Chitwan Industry Association, with the support from Confederation of Nepalese Industries (CNI), Media Space Solutions Pvt Ltd and Futurex Trade Fair and Event. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Organizers of the event said that the exhibition is being organized with the aim of supporting entrepreneurship development and industrial growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Vishnu Kumar Agarwal, president of the CNI, said that there is a need to boost the morale of industrialists at a time when the economy is in a challenging state. Organizing the expo even in difficult will give a positive message to the industrialists, said Agrawal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Trilochan Kandel, the chairman of Chitwan Industry Association, the organizer of the exhibition, expressed his belief that the exhibition will be a suitable platform to encourage young people in entrepreneurship.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the exhibition will feature products and services of construction, agriculture, automobile, furniture, engineering, metal, pharmaceuticals, textile, printing, packaging, plastic, tourism, food and beverages and other industries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizers, there will be more than 200 stalls of domestic and international companies exhibiting modern machines, devices and technology that are useful for these industries.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17326', 'image' => '20230418105224_chitwan.jpg', 'article_date' => '2023-04-18 10:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17590', 'article_category_id' => '1', 'title' => 'NAC forms Sub-committee to Purchase Small Aircraft', 'sub_title' => '', 'summary' => 'April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 18: The state-owned Nepal Airlines Corporation (NAC) has formed a seven-member sub-committee under the coordination of Captain Sudhir Samsher Rai to initiate the process of purchasing small aircraft. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC’s management committee had earlier submitted a report with suggestion to purchase three small aircraft in order to increase air connectivity to remote areas.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC said that the sub-committee was formed to implement the same report.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It has been learnt that the new aircraft will be purchased from NAC’s internal resources and the sub-committee will play a role in making the purchase transparent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC has maintained that the addition of aircraft will make it easier to provide services to passengers in remote areas. It will also promote tourism and help reduce the airfare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It may be noted that the NAC had decided to ground six of its aircraft bought from China on July 30, 2020 due to the high cost of operating those planes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A board meeting of NAC had decided to permanently ground the Chinese aircraft effective from July 30, 2020 due to the high cost of operation and maintenance as well as other factors such as high cost of training for pilots and unavailability of spare parts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Back then, the NAC board was heavily criticized for purchasing the aircraft under political pressure without conducting proper assessment.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the government had recently formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The five-member committee was formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-18', 'modified' => '2023-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '17325', 'image' => '20230418100548_20200731122540_1596146267.Clipboard03.jpg', 'article_date' => '2023-04-18 10:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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