April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year…
April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year…
April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous…
Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last…
April 11: The government is preparing to merge the Survey Office and the Land Revenue…
April 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today…
…
April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of…
April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International…
April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more…
Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in…
Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital,…
Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection…
Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility…
Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on…
April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for…
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Inflation in these regions were 6.31 percent, 7.36 percent, 7.69 percent and 7.56 percent respectively a year ago, NRB said in the report.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17256', 'image' => '20230411042201_Inflation.jpg', 'article_date' => '2023-04-11 16:20:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17520', 'article_category_id' => '1', 'title' => 'Inflow of Remittance Increases by 25 Percent', 'sub_title' => '', 'summary' => 'April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Current Macroeconomic and Financial Situation Report unveiled by Nepal Rastra Bank (NRB) on Tuesday, remittance inflow in the review period stood at Rs 794.32 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the US Dollar terms, remittance inflow increased 14.8 percent to 6.09 billion in the review period against a decrease of 2.6 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the number of Nepali workers (institutional and individual) taking approval for foreign employment increased 54.3 percent to 351,761 in the review period. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The number of Nepali workers renewing their foreign employment permits increased 8.0 percent to 192,559 in the review period. It had increased 240.9 percent in the same period of the previous year, the NRB report added. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Net transfer increased 23.9 percent to Rs 876.07 billion in the review period. Such a transfer had decreased 1.6 percent in the same period of the previous year.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17255', 'image' => '20230411041613_Remittance.jpg', 'article_date' => '2023-04-11 16:15:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17519', 'article_category_id' => '218', 'title' => 'Kamana Sewa Bikash Bank Provides Booth to Shoe Mender ', 'sub_title' => '', 'summary' => 'Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. ', 'content' => '<p><br /> <span style="font-size:20px">April 11: Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. </span></p> <p><span style="font-size:20px">“The motto of the booth is to provide a convenient place for the local entrepreneurs run their businesses,” said the bank.</span></p> <p><span style="font-size:20px">Krishna Raj Chalise, Member of Kathmandu Metropolitan City Ward No-3, had inaugurated the booth.<br /> The booth was handed over to Naresh Mahara, a shoe mender from Bansbari.</span></p> <p><span style="font-size:20px">“The bank has set the goal to give a systematic place to shoe menders and help them in earning a living under its corporate social responsibility,” the bank informed. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17254', 'image' => '20230411040656_collage - 2023-04-11T160742.955.jpg', 'article_date' => '2023-04-11 16:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17518', 'article_category_id' => '1', 'title' => 'Government to Merge Survey Office and Land Revenue Office', 'sub_title' => '', 'summary' => 'April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The process has been forwarded to merge the offices in a bid to make service delivery effective and reduce problems faced by the service seekers in reaching the two separate offices of the same kind in terms of service they provide, said Dr Damodar Regmi, secretary of the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“The merger will also help save some government expenditures,” he said.</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"">Similarly, the Survey Department’s Director General Janak Raj Joshi said the merger is about to take place because there is no need to have separate offices of Survey Department and Land Revenue Office. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17253', 'image' => '20230411030542_merger.jpg', 'article_date' => '2023-04-11 15:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17517', 'article_category_id' => '1', 'title' => '57th AGM of FNCCI Kicks Off', 'sub_title' => '', 'summary' => 'April 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).', '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 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).</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 AGM will elect a new leadership of the federation. Chandra Dhakal, who is currently the senior vice president of the federation, will automatically become the president after the annual general meeting. There is a provision in the statute of the federation that the person who is the senior vice-president in the previous term will automatically become the president in the next term.</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 elections for the post of senior vice president and other positions will be held on Wednesday during the AGM. According to the federation, the voting will be held at the Nepal Academy Hall from 8 am on Wednesday. Altogether 118 people have registered their candidacy for 64 positions, including senior vice president, vice president and executive member for the election.</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"">A total of three candidates will be vying for one post of senior vice president, eight candidates will compete for the posts of three vice presidents and 104 candidates are in the fray for 58 positions of FNCCI members. </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 election of the senior vice-president of the federation is being watched with much interest due to the provision that the senior vice president will automatically become the president in the next term.</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"">This is the first time that three candidates are contesting for the post of senior vice-president. The three candidates include current vice presidents Ram Chandra Sanghai and Anjan Shrestha and the former Vice President Umesh Lal Shrestha.</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 statute of the FNCCI, a candidate must receive 51 percent of the total votes to be elected as the senior vice president. If no candidate gets 51 percent of the votes in the first round of voting, a second round of voting will be held. According to the federation, only the two candidates who get the most votes will compete in the second round.</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"">As all the three candidates for the position of senior vice president have formed their own panels, there will be competition between all the three panels in the upcoming elections. </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"">Ram Chandra Sanghai, who is also the current vice president, has nominated Suraj Krishna Vaidya as the district vice president, Sakunta Lal Hirachan as the objective vice president and Jyotsana Shrestha as the associate vice president from his group.</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"">Similarly, former vice-president Umesh Lal Shrestha has nominated Dinesh Shrestha, who is still in the same position, as the district vice-president and Hemraj Dhakal as the objective vice-president from his group.</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 incumbent vice president Anjan Shrestha has nominated Arun Sumargi as the district vice president and Manish Lal Pradhan as the objective vice president from his group. Bharatraj Acharya is the common candidate for associate vice president from the groups of Umesh Lal Shrestha and Anjan Shrestha.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17252', 'image' => '20230411024822_1681198535.jpeg', 'article_date' => '2023-04-11 14:47:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17516', 'article_category_id' => '1', 'title' => 'Import of Apples Declines by 10 Percent', 'sub_title' => 'KMC’s decision to ban the sale of goods on bicycles to blame for the slump in consumption of apples', 'summary' => '', '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:"Nirmala UI","sans-serif"">April 11: Import of apple in Nepal has decreased by 10 percent in the first eight months of the current fiscal year. According to the data of the Department of Customs, 57.12 million kilograms of apples have been imported into Nepal between mid-July to mid-February this year. During the corresponding period of last fiscal year, Nepal imported 63.61 million kilograms of apples.</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:"Nirmala UI","sans-serif"">According to the department, the country has spent Rs 4.45 billion to import apples during the review period of the current fiscal year. During the same period of last year, this amount was Rs 7.15 billion.</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:"Nirmala UI","sans-serif"">Amar Baniya, a trader at Kuleshwar Fruit Market, says that the import has decreased due to the decrease in the consumption of apples. According to him, consumption of apples has decreased by 40 percent this year. </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:"Nirmala UI","sans-serif"">“In previous years, fruit sellers used to go from door to door and sell fruit on bicycles. Now there are no such sellers," he explained the reason for the decline in the sale of apples.</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:"Nirmala UI","sans-serif"">Traders say that the sales of apples have decreased after the Kathmandu Metropolitan City banned the sale of fruits and other goods along the roadside on bicycles and carts.</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:"Nirmala UI","sans-serif"">Kamal Basnet, who has been selling fruits along with groceries in Kalimati, also says that the apple business has decreased drastically now. He said that he used to sell 20-30 kg of apples daily last year but now it is difficult to sell 10 kg of apples a day.</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:"Nirmala UI","sans-serif"">Decreased consumption increased the price!</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:"Nirmala UI","sans-serif"">The traders say that the consumption of apples has decreased but their prices have increased. This is exactly the opposite to the theory of economics, which states that the price increases when the demand is high and it declines when the demand is low.</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:"Nirmala UI","sans-serif"">In other words, when consumption decreases, prices also decrease but this is not the case in Nepal.</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:"Nirmala UI","sans-serif"">Last year, the wholesale price of apples was Rs 100-110 per kg, while this year it has reached Rs 160 per kg. Along with the wholesale price, the retail price of apples has also increased. Apples, which were sold at Rs 140 per kg last year, now cost between Rs 150-180. Fuji apple which was Rs 240 per kg last year has now increased by Rs 60.</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:"Nirmala UI","sans-serif"">Businessman Baniya says that apples have been stockpiled in stores after the consumption has decreased.</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:"Nirmala UI","sans-serif"">How much import from which country?</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:"Nirmala UI","sans-serif"">Nepal imports apples from India, China, America and other countries. During the review period of the current fiscal year, most of the apples have been imported from China. According to the department, during the review period, 27.77 million kilograms of apples worth Rs 2.52 billion were imported from China. </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:"Nirmala UI","sans-serif"">Similarly, 20.93 million kg of apples worth Rs 1.92 billion were imported from India.</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:"Nirmala UI","sans-serif"">Likewise, 35,000 kilograms of apples worth Rs 2.7 million were imported from Switzerland and 20,580 kilograms of apples worth Rs 5.5 million from the United States.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17251', 'image' => '20230411020433_20220214024649_1644793529.Clipboard13.jpg', 'article_date' => '2023-04-11 14:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17515', 'article_category_id' => '1', 'title' => 'PM Calls for Mutual Cooperation to Troubleshoot Issues Faced by the Economy ', 'sub_title' => '', 'summary' => 'April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with the representatives of banks and financial institutions (BFIs) on Monday, the PM said that the government has been working seriously to bring about reforms in the economy. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I organised this meeting. We are in regular parleys to reduce the burdens seen in economy. We are searching for measures to lower the interest rate of banks. We will reach a conclusion soon," PM Dahal said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the PM noted that increased foreign exchange reserves and improved remittance inflow has eased the crisis to some extent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the PM shared that he was thinking of holding a massive consultations with the representatives of the government and private sector before unveiling the new budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The problems will not be resolved just by trading barbs, the PM said, adding that the current challenges and pressures on economy could be addressed through mutual cooperation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Saying that both national and international factors are responsible for the current economic crisis, PM Dahal stated that the government is effortful to increase revenue collection and curb revenue leakage. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We will ensure firm monitoring mechanism, which brings reform in the economy. We cannot address the issue of liquidity crunch unless real estate business is facilitated. So, we will reach a conclusion soon in this regard," the PM told the private sector's representatives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the PM said that the anarchic activities including advocating the nonpayment of bank loans will not be entertained. "Hooliganism cannot be tolerated. The government will be strict on this," the PM said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the CEOs of the BFIs and officials urged for the security of the banking sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Present on the occasion were Finance Minister Dr Prakash Sharan Mahat, Chief Secretary Shanker Das Bairagi, Nepal Rastra Bank's Governor Maha Prasad Adhikari, Home Secretary Binod Prakash Singh, Finance Secretary Toyam Raya and other high-ranking officials. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17250', 'image' => '20230411120614_PRO-KTM-066A1003.JPG', 'article_date' => '2023-04-11 12:05:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17514', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand International Flights from Pokhara Airport ', 'sub_title' => '', 'summary' => 'April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with Prime Minister Dahal at Singha Durbar on Monday, a delegation of entrepreneurs under the leadership of Pokhara Tourism Council put forth 15-point demands including operation of international flights from Pokhara. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The business community also requested the PM to lower the interest rate of banks to a single digit along with rescheduling of loan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Council Chair Pom Narayan Shrestha said opening heritages of Pokhara including Ratna Temple and Hima Griha are also their demands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that they urged the prime minister to take policy-level initiation for the operation of flights immediately from Pokhara to India, China, Bangladesh and other destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ensuring the organisational representation of tourism-related organisations by making administrative and managerial reforms of the Nepal Tourism Board, repair and upgrading of highways for the convenient travel of tourists entering Nepal by road, structural reform of Civil Aviation Authority of Nepal (CAAN) were the other demands put forth by the delegation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, industrialists and entrepreneurs associated with Pokhara Chamber of Commerce and Industry, Nepal Association of Tours and Travel Agents, Restaurant and Bar Association, as well as other organisations said they were facing difficulties in running business and requested the prime minister to bring paragliding of Pokhara into operation in a way that it does not affect international flights. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17249', 'image' => '20230411113521_Pokhara-Airport-800X533.jpg', 'article_date' => '2023-04-11 11:34:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17513', 'article_category_id' => '1', 'title' => 'ISPs Decide to make Internet Service Effective ', 'sub_title' => '', 'summary' => 'April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A special meeting of ISPA attended by its chairman, board members, chief executive director and others decided to improve internet quality as per the global standard by internalizing the goal of digital Nepal framework set by the government. </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 ISPs have been called to cooperate with each other. They are also for managing well the service. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the special gathering is to work in unison with the Nepal Telecommunications Authority and other concerned agencies of Nepal government for making internet sector systematic. Issuing a press release following the gathering, ISPA stated that procedural preparation would be intensified to implement the decisions. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17248', 'image' => '20230411103022_Internett.jpg', 'article_date' => '2023-04-11 10:29:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17512', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Students with Educational Materials ', 'sub_title' => '', 'summary' => 'Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.', 'content' => '<p><span style="font-size:20px">April 11: Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.</span></p> <p><span style="font-size:20px">On the occasion of 16th anniversary of Manakamana Basic School, the bank handed over educational materials to students from marginalized communities.<br /> “The bank has imparted assistance to students from financially and socially weak segments to ensure their access to quality education as part of its corporate social responsibility,” said the bank. <br /> The bank has plans to operate educational support programmes from other branches of other provinces as well. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17247', 'image' => '20230411061909_collage (69).jpg', 'article_date' => '2023-04-11 06:15:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17511', 'article_category_id' => '1', 'title' => 'Police Welfare Fund Provides Rs 20 Million to Police Hospital', 'sub_title' => '', 'summary' => 'Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. ', 'content' => '<p><span style="font-size:20px">April 11: Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. </span></p> <p><span style="font-size:20px">Inspector General of Police, Basanta Bahadur Kunwar, handed over the bank cheque to Medical Director of the Hospital, Additional Inspector General, Dr Asha Singh, on Monday on the occasion of 39th anniversary of the Nepal Police Hospital. </span></p> <p><span style="font-size:20px">On the occasion, IGP Kunwar praised the role of all the seniors who contributed with their tireless efforts and dedication to bring the Nepal Police Hospital to the current status. </span></p> <p><span style="font-size:20px">Saying that there should be an equal opportunity to police staff of all ranks and general public in the Nepal Police Hospital's services, the Police Chief directed the Hospital employees to deliver best possible services with excellent treatment and services. </span></p> <p><span style="font-size:20px">IGP Kunwar also said that all police personnel and staff should be active to enhance the image of the police organisation and to achieve organisation's goal. ----RSS</span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17246', 'image' => '20230411055817_collage (68).jpg', 'article_date' => '2023-04-11 05:56:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17510', 'article_category_id' => '1', 'title' => 'Finance Minister Dr Mahat Directs Customs Officials to Work Dutifully to Produce Results ', 'sub_title' => '', 'summary' => 'Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.', 'content' => '<p><span style="font-size:20px">April 10: Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.</span></p> <p><span style="font-size:20px">Addressing the Customs Management Seminar organized by the Department of Customs in Kathmandu, Minister Mahat directed the customs officials to give utmost priority to their responsibility. </span></p> <p><span style="font-size:20px">"I don't mean to say the traders involved in the import and export business be given unnecessary hassles. You know well what the right things are, but these are not being implemented. I want to draw your attention towards that," the Finance Minister said. </span></p> <p><span style="font-size:20px">Stating the Ministry of Finance under his leadership is effortful in carrying out works in a transparent manner, he asked to the responsible officials to carry out their works seriously. "Let us start the culture of working in a responsible and accountable manner," he reiterated. </span></p> <p><span style="font-size:20px">Customs Department is not solely responsible for the fall of revenue collection, as many causes are behind the drop, added Dr Mahat.</span></p> <p><span style="font-size:20px">Serious discussions have been held with the security bodies for stopping leakage of revenue, Mahat said Mahat. He urged the customs officials to monitor revenue collection in support of the security bodies and the customs officers. </span></p> <p><span style="font-size:20px">"Revenue collection has dropped at many customs checkpoints including at Bhairahawa, Birgunj and Rasuwa checkpoints,” he added. </span></p> <p><span style="font-size:20px">Noting that income had decreased even to cover general expenditures, Dr Mahat said that the government was according high priority to solve the current financial crisis. </span></p> <p><span style="font-size:20px">Mahat informed that the government is doing everything possible to give a way-out to the country from current the financial fiasco.</span></p> <p><span style="font-size:20px">Finance Minister Dr Mahat urged the customs officers to pay attention to unnecessary hassles and difficulties facing industrialists and businessmen. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17245', 'image' => '20230410064307_collage - 2023-04-10T184347.079.jpg', 'article_date' => '2023-04-10 18:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '17509', 'article_category_id' => '218', 'title' => 'Sunrise Bank Provides Rs 6.9 million Scholarships to Police School ', 'sub_title' => '', 'summary' => 'Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).', 'content' => '<p><br /> <span style="font-size:20px">April 10: Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).</span></p> <p><span style="font-size:20px">Sunrise Bank said that it had imparted the scholarship amount to eight schools operated by Nepal Police to encourage diligent and intelligent children of on-service, retired, martyred and police personnel with disabilities to excel in their studies. </span></p> <p><span style="font-size:20px">“We have funded the scholarship to 15 students to study from Grade 4 to Grade 12,” said the bank.</span></p> <p><span style="font-size:20px">In an agreement signing ceremony at Nepal Police Headquarters Naxal, IGP Basant and Bank’s CEO Suman Sharma accompanied by high ranking officials from Nepal Police and Sunrise Bank were present.</span></p> <p><span style="font-size:20px">Chief Executive Officer Suman Sharma said that scholarship will motivate children of police personnel to to study hard and excel. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17244', 'image' => '20230410051000_collage - 2023-04-10T171144.103.jpg', 'article_date' => '2023-04-10 17:08:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '17508', 'article_category_id' => '266', 'title' => 'Asian Paints Nepal Pvt. Ltd Launches New Products', 'sub_title' => '', 'summary' => 'Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.', 'content' => '<p> </p> <p><span style="font-size:20px">April 10: Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.</span></p> <p><span style="font-size:20px">In an event organized at Hotel Soaltee, Kathmandu on April 7, the company launched two new products: Silicon Shield and Hydroloc in the presence of 200+ dealers. </span></p> <p><span style="font-size:20px">Efflorescence (nuniya) has been a major issue that homeowners have been facing on the interior and exterior wall surfaces. The new products have been launched to overcome problems of efflorescence and dampness, says the Asian Paints. </span></p> <p><span style="font-size:20px">The company has also unveiled two more products such as Bariq and Stucco in its Royale Play category designed to fulfill your dream of taking the interior décor of your homes to an entirely new level. </span></p> <p><span style="font-size:20px">Silicon Shield is an easy-to-use waterproofing agent that has a unique penetrative formulation which makes it quite compatible with bricks, stones and clay tiles and protects your exterior walls from efflorescence whilst maintaining their natural look. </span></p> <p><span style="font-size:20px">Hydroloc is another penetrative waterproofing solution that is ideal for interior plastered walls to protect them against dampness and efflorescence.</span></p> <p><span style="font-size:20px">Royale Play Bariq offers a rich metallic texture inspired by the mighty Arabian deserts and offers effects: ocean wave and whirl. Royale Play Stucco, on the other hand, gives finishing which provides the feeling of having marble on your interior walls.</span></p> <p><span style="font-size:20px">Following their launch, all the four products will be available in the market. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17243', 'image' => '20230410043303_collage - 2023-04-10T163354.649.jpg', 'article_date' => '2023-04-10 16:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17507', 'article_category_id' => '1', 'title' => 'Former Korean Minister Lee Urges Nepal to Create a Conducive Environment for Investment ', 'sub_title' => '', 'summary' => 'April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made such a statement during a meeting with Vice Chairperson of the National Planning Commission (NPC) Dr Min Bahadur Shrestha in Kathmandu on Monday. Nepal could take a stride in development activities by bringing in technologies and investments from Korea, said Dr Lee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Having served for around four decades in various sectors with the Korean government including the economic planning department, Lee stressed the need for a strong leadership for the development of a country. He said that a 'robust and strong' leadership in Korea helped develop the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There are many potentials in Nepal. It can make a stride in development by properly utilising these opportunities. We will coordinate in taking global investments and technologies to the country once there is a conducive environment," said Lee, who is the president of the Korea-Asia Economic Cooperation Association. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He referred to foreign aids, technologies and investments received by Korea for its development. He underscored the need for the Government of Nepal to prioritise infrastructures, transport and electricity and make investments in the projects keeping in view its limited resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">NPC Vice Chairperson Shrestha thanked Lee for his gratitude toward Nepal.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Binod Kunwar, the International Coordination Council, the Non-Resident Nepali Association said that Nepal has a potential for development by using the technologies and the development model adopted by developed countries like South Korea. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Others present on the occasion were the NRNA former vice president Sonam Lama, general secretary Janaki Gurung, executive directors Rajesh Rana, Dipesh Khatri, chairperson of the Ropeway Nepal Gunaraj Dhakal and operator of Laxmi Bank Dinesh. </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"">Earlier, Lee, who is in Nepal for a weeklong visit, met with Finance Minister Dr Prakash Sharan Mahat and high-ranking government officials including officer bearers of the Investment Board Nepal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17242', 'image' => '20230410033919_1681108090.Korean Minister.jpg', 'article_date' => '2023-04-10 15:38:40', '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' => '17521', 'article_category_id' => '1', 'title' => 'Inflation Rises to 7.44 Percent', 'sub_title' => '', 'summary' => 'April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest report of Nepal Rastra Bank (NRB), food and beverage inflation stood at 5.64 percent whereas non-food and service inflation rose to 8.87 percent in the review month. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of cereal grains and their sub-category increased 14.35 percent, restaurant and hotel 14.09 percent, spices 10.88 percent, tobacco products 10.83 percent, and alcoholic drinks 8.78 percent, states the Current Macroeconomic and Financial Situation Report published by NRB on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the non-food and services category, y-o-y price index of transportation subcategory increased 13.23 percent, health 10.39 percent, housing and utilities 9.72 percent, recreation and culture 8.81 percent, and furnishing and household equipment 8.79 percent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the review month, consumer price inflation in the Kathmandu Valley, Terai, hill and mountain areas surged to 7.95 percent, 7.50 percent, 6.67 percent and 8.07 percent respectively. Inflation in these regions were 6.31 percent, 7.36 percent, 7.69 percent and 7.56 percent respectively a year ago, NRB said in the report.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17256', 'image' => '20230411042201_Inflation.jpg', 'article_date' => '2023-04-11 16:20:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17520', 'article_category_id' => '1', 'title' => 'Inflow of Remittance Increases by 25 Percent', 'sub_title' => '', 'summary' => 'April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Current Macroeconomic and Financial Situation Report unveiled by Nepal Rastra Bank (NRB) on Tuesday, remittance inflow in the review period stood at Rs 794.32 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the US Dollar terms, remittance inflow increased 14.8 percent to 6.09 billion in the review period against a decrease of 2.6 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the number of Nepali workers (institutional and individual) taking approval for foreign employment increased 54.3 percent to 351,761 in the review period. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The number of Nepali workers renewing their foreign employment permits increased 8.0 percent to 192,559 in the review period. It had increased 240.9 percent in the same period of the previous year, the NRB report added. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Net transfer increased 23.9 percent to Rs 876.07 billion in the review period. Such a transfer had decreased 1.6 percent in the same period of the previous year.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17255', 'image' => '20230411041613_Remittance.jpg', 'article_date' => '2023-04-11 16:15:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17519', 'article_category_id' => '218', 'title' => 'Kamana Sewa Bikash Bank Provides Booth to Shoe Mender ', 'sub_title' => '', 'summary' => 'Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. ', 'content' => '<p><br /> <span style="font-size:20px">April 11: Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. </span></p> <p><span style="font-size:20px">“The motto of the booth is to provide a convenient place for the local entrepreneurs run their businesses,” said the bank.</span></p> <p><span style="font-size:20px">Krishna Raj Chalise, Member of Kathmandu Metropolitan City Ward No-3, had inaugurated the booth.<br /> The booth was handed over to Naresh Mahara, a shoe mender from Bansbari.</span></p> <p><span style="font-size:20px">“The bank has set the goal to give a systematic place to shoe menders and help them in earning a living under its corporate social responsibility,” the bank informed. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17254', 'image' => '20230411040656_collage - 2023-04-11T160742.955.jpg', 'article_date' => '2023-04-11 16:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17518', 'article_category_id' => '1', 'title' => 'Government to Merge Survey Office and Land Revenue Office', 'sub_title' => '', 'summary' => 'April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The process has been forwarded to merge the offices in a bid to make service delivery effective and reduce problems faced by the service seekers in reaching the two separate offices of the same kind in terms of service they provide, said Dr Damodar Regmi, secretary of the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“The merger will also help save some government expenditures,” he said.</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"">Similarly, the Survey Department’s Director General Janak Raj Joshi said the merger is about to take place because there is no need to have separate offices of Survey Department and Land Revenue Office. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17253', 'image' => '20230411030542_merger.jpg', 'article_date' => '2023-04-11 15:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17517', 'article_category_id' => '1', 'title' => '57th AGM of FNCCI Kicks Off', 'sub_title' => '', 'summary' => 'April 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).', '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 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).</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 AGM will elect a new leadership of the federation. Chandra Dhakal, who is currently the senior vice president of the federation, will automatically become the president after the annual general meeting. There is a provision in the statute of the federation that the person who is the senior vice-president in the previous term will automatically become the president in the next term.</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 elections for the post of senior vice president and other positions will be held on Wednesday during the AGM. According to the federation, the voting will be held at the Nepal Academy Hall from 8 am on Wednesday. Altogether 118 people have registered their candidacy for 64 positions, including senior vice president, vice president and executive member for the election.</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"">A total of three candidates will be vying for one post of senior vice president, eight candidates will compete for the posts of three vice presidents and 104 candidates are in the fray for 58 positions of FNCCI members. </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 election of the senior vice-president of the federation is being watched with much interest due to the provision that the senior vice president will automatically become the president in the next term.</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"">This is the first time that three candidates are contesting for the post of senior vice-president. The three candidates include current vice presidents Ram Chandra Sanghai and Anjan Shrestha and the former Vice President Umesh Lal Shrestha.</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 statute of the FNCCI, a candidate must receive 51 percent of the total votes to be elected as the senior vice president. If no candidate gets 51 percent of the votes in the first round of voting, a second round of voting will be held. According to the federation, only the two candidates who get the most votes will compete in the second round.</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"">As all the three candidates for the position of senior vice president have formed their own panels, there will be competition between all the three panels in the upcoming elections. </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"">Ram Chandra Sanghai, who is also the current vice president, has nominated Suraj Krishna Vaidya as the district vice president, Sakunta Lal Hirachan as the objective vice president and Jyotsana Shrestha as the associate vice president from his group.</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"">Similarly, former vice-president Umesh Lal Shrestha has nominated Dinesh Shrestha, who is still in the same position, as the district vice-president and Hemraj Dhakal as the objective vice-president from his group.</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 incumbent vice president Anjan Shrestha has nominated Arun Sumargi as the district vice president and Manish Lal Pradhan as the objective vice president from his group. Bharatraj Acharya is the common candidate for associate vice president from the groups of Umesh Lal Shrestha and Anjan Shrestha.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17252', 'image' => '20230411024822_1681198535.jpeg', 'article_date' => '2023-04-11 14:47:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17516', 'article_category_id' => '1', 'title' => 'Import of Apples Declines by 10 Percent', 'sub_title' => 'KMC’s decision to ban the sale of goods on bicycles to blame for the slump in consumption of apples', 'summary' => '', '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:"Nirmala UI","sans-serif"">April 11: Import of apple in Nepal has decreased by 10 percent in the first eight months of the current fiscal year. According to the data of the Department of Customs, 57.12 million kilograms of apples have been imported into Nepal between mid-July to mid-February this year. During the corresponding period of last fiscal year, Nepal imported 63.61 million kilograms of apples.</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:"Nirmala UI","sans-serif"">According to the department, the country has spent Rs 4.45 billion to import apples during the review period of the current fiscal year. During the same period of last year, this amount was Rs 7.15 billion.</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:"Nirmala UI","sans-serif"">Amar Baniya, a trader at Kuleshwar Fruit Market, says that the import has decreased due to the decrease in the consumption of apples. According to him, consumption of apples has decreased by 40 percent this year. </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:"Nirmala UI","sans-serif"">“In previous years, fruit sellers used to go from door to door and sell fruit on bicycles. Now there are no such sellers," he explained the reason for the decline in the sale of apples.</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:"Nirmala UI","sans-serif"">Traders say that the sales of apples have decreased after the Kathmandu Metropolitan City banned the sale of fruits and other goods along the roadside on bicycles and carts.</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:"Nirmala UI","sans-serif"">Kamal Basnet, who has been selling fruits along with groceries in Kalimati, also says that the apple business has decreased drastically now. He said that he used to sell 20-30 kg of apples daily last year but now it is difficult to sell 10 kg of apples a day.</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:"Nirmala UI","sans-serif"">Decreased consumption increased the price!</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:"Nirmala UI","sans-serif"">The traders say that the consumption of apples has decreased but their prices have increased. This is exactly the opposite to the theory of economics, which states that the price increases when the demand is high and it declines when the demand is low.</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:"Nirmala UI","sans-serif"">In other words, when consumption decreases, prices also decrease but this is not the case in Nepal.</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:"Nirmala UI","sans-serif"">Last year, the wholesale price of apples was Rs 100-110 per kg, while this year it has reached Rs 160 per kg. Along with the wholesale price, the retail price of apples has also increased. Apples, which were sold at Rs 140 per kg last year, now cost between Rs 150-180. Fuji apple which was Rs 240 per kg last year has now increased by Rs 60.</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:"Nirmala UI","sans-serif"">Businessman Baniya says that apples have been stockpiled in stores after the consumption has decreased.</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:"Nirmala UI","sans-serif"">How much import from which country?</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:"Nirmala UI","sans-serif"">Nepal imports apples from India, China, America and other countries. During the review period of the current fiscal year, most of the apples have been imported from China. According to the department, during the review period, 27.77 million kilograms of apples worth Rs 2.52 billion were imported from China. </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:"Nirmala UI","sans-serif"">Similarly, 20.93 million kg of apples worth Rs 1.92 billion were imported from India.</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:"Nirmala UI","sans-serif"">Likewise, 35,000 kilograms of apples worth Rs 2.7 million were imported from Switzerland and 20,580 kilograms of apples worth Rs 5.5 million from the United States.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17251', 'image' => '20230411020433_20220214024649_1644793529.Clipboard13.jpg', 'article_date' => '2023-04-11 14:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17515', 'article_category_id' => '1', 'title' => 'PM Calls for Mutual Cooperation to Troubleshoot Issues Faced by the Economy ', 'sub_title' => '', 'summary' => 'April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with the representatives of banks and financial institutions (BFIs) on Monday, the PM said that the government has been working seriously to bring about reforms in the economy. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I organised this meeting. We are in regular parleys to reduce the burdens seen in economy. We are searching for measures to lower the interest rate of banks. We will reach a conclusion soon," PM Dahal said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the PM noted that increased foreign exchange reserves and improved remittance inflow has eased the crisis to some extent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the PM shared that he was thinking of holding a massive consultations with the representatives of the government and private sector before unveiling the new budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The problems will not be resolved just by trading barbs, the PM said, adding that the current challenges and pressures on economy could be addressed through mutual cooperation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Saying that both national and international factors are responsible for the current economic crisis, PM Dahal stated that the government is effortful to increase revenue collection and curb revenue leakage. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We will ensure firm monitoring mechanism, which brings reform in the economy. We cannot address the issue of liquidity crunch unless real estate business is facilitated. So, we will reach a conclusion soon in this regard," the PM told the private sector's representatives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the PM said that the anarchic activities including advocating the nonpayment of bank loans will not be entertained. "Hooliganism cannot be tolerated. The government will be strict on this," the PM said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the CEOs of the BFIs and officials urged for the security of the banking sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Present on the occasion were Finance Minister Dr Prakash Sharan Mahat, Chief Secretary Shanker Das Bairagi, Nepal Rastra Bank's Governor Maha Prasad Adhikari, Home Secretary Binod Prakash Singh, Finance Secretary Toyam Raya and other high-ranking officials. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17250', 'image' => '20230411120614_PRO-KTM-066A1003.JPG', 'article_date' => '2023-04-11 12:05:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17514', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand International Flights from Pokhara Airport ', 'sub_title' => '', 'summary' => 'April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with Prime Minister Dahal at Singha Durbar on Monday, a delegation of entrepreneurs under the leadership of Pokhara Tourism Council put forth 15-point demands including operation of international flights from Pokhara. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The business community also requested the PM to lower the interest rate of banks to a single digit along with rescheduling of loan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Council Chair Pom Narayan Shrestha said opening heritages of Pokhara including Ratna Temple and Hima Griha are also their demands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that they urged the prime minister to take policy-level initiation for the operation of flights immediately from Pokhara to India, China, Bangladesh and other destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ensuring the organisational representation of tourism-related organisations by making administrative and managerial reforms of the Nepal Tourism Board, repair and upgrading of highways for the convenient travel of tourists entering Nepal by road, structural reform of Civil Aviation Authority of Nepal (CAAN) were the other demands put forth by the delegation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, industrialists and entrepreneurs associated with Pokhara Chamber of Commerce and Industry, Nepal Association of Tours and Travel Agents, Restaurant and Bar Association, as well as other organisations said they were facing difficulties in running business and requested the prime minister to bring paragliding of Pokhara into operation in a way that it does not affect international flights. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17249', 'image' => '20230411113521_Pokhara-Airport-800X533.jpg', 'article_date' => '2023-04-11 11:34:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17513', 'article_category_id' => '1', 'title' => 'ISPs Decide to make Internet Service Effective ', 'sub_title' => '', 'summary' => 'April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A special meeting of ISPA attended by its chairman, board members, chief executive director and others decided to improve internet quality as per the global standard by internalizing the goal of digital Nepal framework set by the government. </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 ISPs have been called to cooperate with each other. They are also for managing well the service. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the special gathering is to work in unison with the Nepal Telecommunications Authority and other concerned agencies of Nepal government for making internet sector systematic. Issuing a press release following the gathering, ISPA stated that procedural preparation would be intensified to implement the decisions. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17248', 'image' => '20230411103022_Internett.jpg', 'article_date' => '2023-04-11 10:29:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17512', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Students with Educational Materials ', 'sub_title' => '', 'summary' => 'Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.', 'content' => '<p><span style="font-size:20px">April 11: Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.</span></p> <p><span style="font-size:20px">On the occasion of 16th anniversary of Manakamana Basic School, the bank handed over educational materials to students from marginalized communities.<br /> “The bank has imparted assistance to students from financially and socially weak segments to ensure their access to quality education as part of its corporate social responsibility,” said the bank. <br /> The bank has plans to operate educational support programmes from other branches of other provinces as well. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17247', 'image' => '20230411061909_collage (69).jpg', 'article_date' => '2023-04-11 06:15:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17511', 'article_category_id' => '1', 'title' => 'Police Welfare Fund Provides Rs 20 Million to Police Hospital', 'sub_title' => '', 'summary' => 'Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. ', 'content' => '<p><span style="font-size:20px">April 11: Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. </span></p> <p><span style="font-size:20px">Inspector General of Police, Basanta Bahadur Kunwar, handed over the bank cheque to Medical Director of the Hospital, Additional Inspector General, Dr Asha Singh, on Monday on the occasion of 39th anniversary of the Nepal Police Hospital. </span></p> <p><span style="font-size:20px">On the occasion, IGP Kunwar praised the role of all the seniors who contributed with their tireless efforts and dedication to bring the Nepal Police Hospital to the current status. </span></p> <p><span style="font-size:20px">Saying that there should be an equal opportunity to police staff of all ranks and general public in the Nepal Police Hospital's services, the Police Chief directed the Hospital employees to deliver best possible services with excellent treatment and services. </span></p> <p><span style="font-size:20px">IGP Kunwar also said that all police personnel and staff should be active to enhance the image of the police organisation and to achieve organisation's goal. ----RSS</span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17246', 'image' => '20230411055817_collage (68).jpg', 'article_date' => '2023-04-11 05:56:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17510', 'article_category_id' => '1', 'title' => 'Finance Minister Dr Mahat Directs Customs Officials to Work Dutifully to Produce Results ', 'sub_title' => '', 'summary' => 'Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.', 'content' => '<p><span style="font-size:20px">April 10: Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.</span></p> <p><span style="font-size:20px">Addressing the Customs Management Seminar organized by the Department of Customs in Kathmandu, Minister Mahat directed the customs officials to give utmost priority to their responsibility. </span></p> <p><span style="font-size:20px">"I don't mean to say the traders involved in the import and export business be given unnecessary hassles. You know well what the right things are, but these are not being implemented. I want to draw your attention towards that," the Finance Minister said. </span></p> <p><span style="font-size:20px">Stating the Ministry of Finance under his leadership is effortful in carrying out works in a transparent manner, he asked to the responsible officials to carry out their works seriously. "Let us start the culture of working in a responsible and accountable manner," he reiterated. </span></p> <p><span style="font-size:20px">Customs Department is not solely responsible for the fall of revenue collection, as many causes are behind the drop, added Dr Mahat.</span></p> <p><span style="font-size:20px">Serious discussions have been held with the security bodies for stopping leakage of revenue, Mahat said Mahat. He urged the customs officials to monitor revenue collection in support of the security bodies and the customs officers. </span></p> <p><span style="font-size:20px">"Revenue collection has dropped at many customs checkpoints including at Bhairahawa, Birgunj and Rasuwa checkpoints,” he added. </span></p> <p><span style="font-size:20px">Noting that income had decreased even to cover general expenditures, Dr Mahat said that the government was according high priority to solve the current financial crisis. </span></p> <p><span style="font-size:20px">Mahat informed that the government is doing everything possible to give a way-out to the country from current the financial fiasco.</span></p> <p><span style="font-size:20px">Finance Minister Dr Mahat urged the customs officers to pay attention to unnecessary hassles and difficulties facing industrialists and businessmen. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17245', 'image' => '20230410064307_collage - 2023-04-10T184347.079.jpg', 'article_date' => '2023-04-10 18:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '17509', 'article_category_id' => '218', 'title' => 'Sunrise Bank Provides Rs 6.9 million Scholarships to Police School ', 'sub_title' => '', 'summary' => 'Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).', 'content' => '<p><br /> <span style="font-size:20px">April 10: Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).</span></p> <p><span style="font-size:20px">Sunrise Bank said that it had imparted the scholarship amount to eight schools operated by Nepal Police to encourage diligent and intelligent children of on-service, retired, martyred and police personnel with disabilities to excel in their studies. </span></p> <p><span style="font-size:20px">“We have funded the scholarship to 15 students to study from Grade 4 to Grade 12,” said the bank.</span></p> <p><span style="font-size:20px">In an agreement signing ceremony at Nepal Police Headquarters Naxal, IGP Basant and Bank’s CEO Suman Sharma accompanied by high ranking officials from Nepal Police and Sunrise Bank were present.</span></p> <p><span style="font-size:20px">Chief Executive Officer Suman Sharma said that scholarship will motivate children of police personnel to to study hard and excel. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17244', 'image' => '20230410051000_collage - 2023-04-10T171144.103.jpg', 'article_date' => '2023-04-10 17:08:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '17508', 'article_category_id' => '266', 'title' => 'Asian Paints Nepal Pvt. Ltd Launches New Products', 'sub_title' => '', 'summary' => 'Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.', 'content' => '<p> </p> <p><span style="font-size:20px">April 10: Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.</span></p> <p><span style="font-size:20px">In an event organized at Hotel Soaltee, Kathmandu on April 7, the company launched two new products: Silicon Shield and Hydroloc in the presence of 200+ dealers. </span></p> <p><span style="font-size:20px">Efflorescence (nuniya) has been a major issue that homeowners have been facing on the interior and exterior wall surfaces. The new products have been launched to overcome problems of efflorescence and dampness, says the Asian Paints. </span></p> <p><span style="font-size:20px">The company has also unveiled two more products such as Bariq and Stucco in its Royale Play category designed to fulfill your dream of taking the interior décor of your homes to an entirely new level. </span></p> <p><span style="font-size:20px">Silicon Shield is an easy-to-use waterproofing agent that has a unique penetrative formulation which makes it quite compatible with bricks, stones and clay tiles and protects your exterior walls from efflorescence whilst maintaining their natural look. </span></p> <p><span style="font-size:20px">Hydroloc is another penetrative waterproofing solution that is ideal for interior plastered walls to protect them against dampness and efflorescence.</span></p> <p><span style="font-size:20px">Royale Play Bariq offers a rich metallic texture inspired by the mighty Arabian deserts and offers effects: ocean wave and whirl. Royale Play Stucco, on the other hand, gives finishing which provides the feeling of having marble on your interior walls.</span></p> <p><span style="font-size:20px">Following their launch, all the four products will be available in the market. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17243', 'image' => '20230410043303_collage - 2023-04-10T163354.649.jpg', 'article_date' => '2023-04-10 16:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17507', 'article_category_id' => '1', 'title' => 'Former Korean Minister Lee Urges Nepal to Create a Conducive Environment for Investment ', 'sub_title' => '', 'summary' => 'April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made such a statement during a meeting with Vice Chairperson of the National Planning Commission (NPC) Dr Min Bahadur Shrestha in Kathmandu on Monday. Nepal could take a stride in development activities by bringing in technologies and investments from Korea, said Dr Lee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Having served for around four decades in various sectors with the Korean government including the economic planning department, Lee stressed the need for a strong leadership for the development of a country. He said that a 'robust and strong' leadership in Korea helped develop the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There are many potentials in Nepal. It can make a stride in development by properly utilising these opportunities. We will coordinate in taking global investments and technologies to the country once there is a conducive environment," said Lee, who is the president of the Korea-Asia Economic Cooperation Association. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He referred to foreign aids, technologies and investments received by Korea for its development. He underscored the need for the Government of Nepal to prioritise infrastructures, transport and electricity and make investments in the projects keeping in view its limited resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">NPC Vice Chairperson Shrestha thanked Lee for his gratitude toward Nepal.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Binod Kunwar, the International Coordination Council, the Non-Resident Nepali Association said that Nepal has a potential for development by using the technologies and the development model adopted by developed countries like South Korea. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Others present on the occasion were the NRNA former vice president Sonam Lama, general secretary Janaki Gurung, executive directors Rajesh Rana, Dipesh Khatri, chairperson of the Ropeway Nepal Gunaraj Dhakal and operator of Laxmi Bank Dinesh. </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"">Earlier, Lee, who is in Nepal for a weeklong visit, met with Finance Minister Dr Prakash Sharan Mahat and high-ranking government officials including officer bearers of the Investment Board Nepal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17242', 'image' => '20230410033919_1681108090.Korean Minister.jpg', 'article_date' => '2023-04-10 15:38:40', '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' => '17521', 'article_category_id' => '1', 'title' => 'Inflation Rises to 7.44 Percent', 'sub_title' => '', 'summary' => 'April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest report of Nepal Rastra Bank (NRB), food and beverage inflation stood at 5.64 percent whereas non-food and service inflation rose to 8.87 percent in the review month. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of cereal grains and their sub-category increased 14.35 percent, restaurant and hotel 14.09 percent, spices 10.88 percent, tobacco products 10.83 percent, and alcoholic drinks 8.78 percent, states the Current Macroeconomic and Financial Situation Report published by NRB on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the non-food and services category, y-o-y price index of transportation subcategory increased 13.23 percent, health 10.39 percent, housing and utilities 9.72 percent, recreation and culture 8.81 percent, and furnishing and household equipment 8.79 percent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the review month, consumer price inflation in the Kathmandu Valley, Terai, hill and mountain areas surged to 7.95 percent, 7.50 percent, 6.67 percent and 8.07 percent respectively. Inflation in these regions were 6.31 percent, 7.36 percent, 7.69 percent and 7.56 percent respectively a year ago, NRB said in the report.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17256', 'image' => '20230411042201_Inflation.jpg', 'article_date' => '2023-04-11 16:20:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17520', 'article_category_id' => '1', 'title' => 'Inflow of Remittance Increases by 25 Percent', 'sub_title' => '', 'summary' => 'April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Current Macroeconomic and Financial Situation Report unveiled by Nepal Rastra Bank (NRB) on Tuesday, remittance inflow in the review period stood at Rs 794.32 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the US Dollar terms, remittance inflow increased 14.8 percent to 6.09 billion in the review period against a decrease of 2.6 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the number of Nepali workers (institutional and individual) taking approval for foreign employment increased 54.3 percent to 351,761 in the review period. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The number of Nepali workers renewing their foreign employment permits increased 8.0 percent to 192,559 in the review period. It had increased 240.9 percent in the same period of the previous year, the NRB report added. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Net transfer increased 23.9 percent to Rs 876.07 billion in the review period. Such a transfer had decreased 1.6 percent in the same period of the previous year.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17255', 'image' => '20230411041613_Remittance.jpg', 'article_date' => '2023-04-11 16:15:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17519', 'article_category_id' => '218', 'title' => 'Kamana Sewa Bikash Bank Provides Booth to Shoe Mender ', 'sub_title' => '', 'summary' => 'Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. ', 'content' => '<p><br /> <span style="font-size:20px">April 11: Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. </span></p> <p><span style="font-size:20px">“The motto of the booth is to provide a convenient place for the local entrepreneurs run their businesses,” said the bank.</span></p> <p><span style="font-size:20px">Krishna Raj Chalise, Member of Kathmandu Metropolitan City Ward No-3, had inaugurated the booth.<br /> The booth was handed over to Naresh Mahara, a shoe mender from Bansbari.</span></p> <p><span style="font-size:20px">“The bank has set the goal to give a systematic place to shoe menders and help them in earning a living under its corporate social responsibility,” the bank informed. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17254', 'image' => '20230411040656_collage - 2023-04-11T160742.955.jpg', 'article_date' => '2023-04-11 16:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17518', 'article_category_id' => '1', 'title' => 'Government to Merge Survey Office and Land Revenue Office', 'sub_title' => '', 'summary' => 'April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The process has been forwarded to merge the offices in a bid to make service delivery effective and reduce problems faced by the service seekers in reaching the two separate offices of the same kind in terms of service they provide, said Dr Damodar Regmi, secretary of the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“The merger will also help save some government expenditures,” he said.</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"">Similarly, the Survey Department’s Director General Janak Raj Joshi said the merger is about to take place because there is no need to have separate offices of Survey Department and Land Revenue Office. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17253', 'image' => '20230411030542_merger.jpg', 'article_date' => '2023-04-11 15:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17517', 'article_category_id' => '1', 'title' => '57th AGM of FNCCI Kicks Off', 'sub_title' => '', 'summary' => 'April 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).', '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 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).</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 AGM will elect a new leadership of the federation. Chandra Dhakal, who is currently the senior vice president of the federation, will automatically become the president after the annual general meeting. There is a provision in the statute of the federation that the person who is the senior vice-president in the previous term will automatically become the president in the next term.</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 elections for the post of senior vice president and other positions will be held on Wednesday during the AGM. According to the federation, the voting will be held at the Nepal Academy Hall from 8 am on Wednesday. Altogether 118 people have registered their candidacy for 64 positions, including senior vice president, vice president and executive member for the election.</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"">A total of three candidates will be vying for one post of senior vice president, eight candidates will compete for the posts of three vice presidents and 104 candidates are in the fray for 58 positions of FNCCI members. </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 election of the senior vice-president of the federation is being watched with much interest due to the provision that the senior vice president will automatically become the president in the next term.</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"">This is the first time that three candidates are contesting for the post of senior vice-president. The three candidates include current vice presidents Ram Chandra Sanghai and Anjan Shrestha and the former Vice President Umesh Lal Shrestha.</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 statute of the FNCCI, a candidate must receive 51 percent of the total votes to be elected as the senior vice president. If no candidate gets 51 percent of the votes in the first round of voting, a second round of voting will be held. According to the federation, only the two candidates who get the most votes will compete in the second round.</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"">As all the three candidates for the position of senior vice president have formed their own panels, there will be competition between all the three panels in the upcoming elections. </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"">Ram Chandra Sanghai, who is also the current vice president, has nominated Suraj Krishna Vaidya as the district vice president, Sakunta Lal Hirachan as the objective vice president and Jyotsana Shrestha as the associate vice president from his group.</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"">Similarly, former vice-president Umesh Lal Shrestha has nominated Dinesh Shrestha, who is still in the same position, as the district vice-president and Hemraj Dhakal as the objective vice-president from his group.</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 incumbent vice president Anjan Shrestha has nominated Arun Sumargi as the district vice president and Manish Lal Pradhan as the objective vice president from his group. Bharatraj Acharya is the common candidate for associate vice president from the groups of Umesh Lal Shrestha and Anjan Shrestha.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17252', 'image' => '20230411024822_1681198535.jpeg', 'article_date' => '2023-04-11 14:47:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17516', 'article_category_id' => '1', 'title' => 'Import of Apples Declines by 10 Percent', 'sub_title' => 'KMC’s decision to ban the sale of goods on bicycles to blame for the slump in consumption of apples', 'summary' => '', '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:"Nirmala UI","sans-serif"">April 11: Import of apple in Nepal has decreased by 10 percent in the first eight months of the current fiscal year. According to the data of the Department of Customs, 57.12 million kilograms of apples have been imported into Nepal between mid-July to mid-February this year. During the corresponding period of last fiscal year, Nepal imported 63.61 million kilograms of apples.</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:"Nirmala UI","sans-serif"">According to the department, the country has spent Rs 4.45 billion to import apples during the review period of the current fiscal year. During the same period of last year, this amount was Rs 7.15 billion.</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:"Nirmala UI","sans-serif"">Amar Baniya, a trader at Kuleshwar Fruit Market, says that the import has decreased due to the decrease in the consumption of apples. According to him, consumption of apples has decreased by 40 percent this year. </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:"Nirmala UI","sans-serif"">“In previous years, fruit sellers used to go from door to door and sell fruit on bicycles. Now there are no such sellers," he explained the reason for the decline in the sale of apples.</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:"Nirmala UI","sans-serif"">Traders say that the sales of apples have decreased after the Kathmandu Metropolitan City banned the sale of fruits and other goods along the roadside on bicycles and carts.</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:"Nirmala UI","sans-serif"">Kamal Basnet, who has been selling fruits along with groceries in Kalimati, also says that the apple business has decreased drastically now. He said that he used to sell 20-30 kg of apples daily last year but now it is difficult to sell 10 kg of apples a day.</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:"Nirmala UI","sans-serif"">Decreased consumption increased the price!</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:"Nirmala UI","sans-serif"">The traders say that the consumption of apples has decreased but their prices have increased. This is exactly the opposite to the theory of economics, which states that the price increases when the demand is high and it declines when the demand is low.</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:"Nirmala UI","sans-serif"">In other words, when consumption decreases, prices also decrease but this is not the case in Nepal.</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:"Nirmala UI","sans-serif"">Last year, the wholesale price of apples was Rs 100-110 per kg, while this year it has reached Rs 160 per kg. Along with the wholesale price, the retail price of apples has also increased. Apples, which were sold at Rs 140 per kg last year, now cost between Rs 150-180. Fuji apple which was Rs 240 per kg last year has now increased by Rs 60.</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:"Nirmala UI","sans-serif"">Businessman Baniya says that apples have been stockpiled in stores after the consumption has decreased.</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:"Nirmala UI","sans-serif"">How much import from which country?</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:"Nirmala UI","sans-serif"">Nepal imports apples from India, China, America and other countries. During the review period of the current fiscal year, most of the apples have been imported from China. According to the department, during the review period, 27.77 million kilograms of apples worth Rs 2.52 billion were imported from China. </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:"Nirmala UI","sans-serif"">Similarly, 20.93 million kg of apples worth Rs 1.92 billion were imported from India.</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:"Nirmala UI","sans-serif"">Likewise, 35,000 kilograms of apples worth Rs 2.7 million were imported from Switzerland and 20,580 kilograms of apples worth Rs 5.5 million from the United States.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17251', 'image' => '20230411020433_20220214024649_1644793529.Clipboard13.jpg', 'article_date' => '2023-04-11 14:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17515', 'article_category_id' => '1', 'title' => 'PM Calls for Mutual Cooperation to Troubleshoot Issues Faced by the Economy ', 'sub_title' => '', 'summary' => 'April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with the representatives of banks and financial institutions (BFIs) on Monday, the PM said that the government has been working seriously to bring about reforms in the economy. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I organised this meeting. We are in regular parleys to reduce the burdens seen in economy. We are searching for measures to lower the interest rate of banks. We will reach a conclusion soon," PM Dahal said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the PM noted that increased foreign exchange reserves and improved remittance inflow has eased the crisis to some extent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the PM shared that he was thinking of holding a massive consultations with the representatives of the government and private sector before unveiling the new budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The problems will not be resolved just by trading barbs, the PM said, adding that the current challenges and pressures on economy could be addressed through mutual cooperation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Saying that both national and international factors are responsible for the current economic crisis, PM Dahal stated that the government is effortful to increase revenue collection and curb revenue leakage. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We will ensure firm monitoring mechanism, which brings reform in the economy. We cannot address the issue of liquidity crunch unless real estate business is facilitated. So, we will reach a conclusion soon in this regard," the PM told the private sector's representatives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the PM said that the anarchic activities including advocating the nonpayment of bank loans will not be entertained. "Hooliganism cannot be tolerated. The government will be strict on this," the PM said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the CEOs of the BFIs and officials urged for the security of the banking sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Present on the occasion were Finance Minister Dr Prakash Sharan Mahat, Chief Secretary Shanker Das Bairagi, Nepal Rastra Bank's Governor Maha Prasad Adhikari, Home Secretary Binod Prakash Singh, Finance Secretary Toyam Raya and other high-ranking officials. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17250', 'image' => '20230411120614_PRO-KTM-066A1003.JPG', 'article_date' => '2023-04-11 12:05:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17514', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand International Flights from Pokhara Airport ', 'sub_title' => '', 'summary' => 'April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with Prime Minister Dahal at Singha Durbar on Monday, a delegation of entrepreneurs under the leadership of Pokhara Tourism Council put forth 15-point demands including operation of international flights from Pokhara. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The business community also requested the PM to lower the interest rate of banks to a single digit along with rescheduling of loan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Council Chair Pom Narayan Shrestha said opening heritages of Pokhara including Ratna Temple and Hima Griha are also their demands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that they urged the prime minister to take policy-level initiation for the operation of flights immediately from Pokhara to India, China, Bangladesh and other destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ensuring the organisational representation of tourism-related organisations by making administrative and managerial reforms of the Nepal Tourism Board, repair and upgrading of highways for the convenient travel of tourists entering Nepal by road, structural reform of Civil Aviation Authority of Nepal (CAAN) were the other demands put forth by the delegation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, industrialists and entrepreneurs associated with Pokhara Chamber of Commerce and Industry, Nepal Association of Tours and Travel Agents, Restaurant and Bar Association, as well as other organisations said they were facing difficulties in running business and requested the prime minister to bring paragliding of Pokhara into operation in a way that it does not affect international flights. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17249', 'image' => '20230411113521_Pokhara-Airport-800X533.jpg', 'article_date' => '2023-04-11 11:34:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17513', 'article_category_id' => '1', 'title' => 'ISPs Decide to make Internet Service Effective ', 'sub_title' => '', 'summary' => 'April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A special meeting of ISPA attended by its chairman, board members, chief executive director and others decided to improve internet quality as per the global standard by internalizing the goal of digital Nepal framework set by the government. </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 ISPs have been called to cooperate with each other. They are also for managing well the service. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the special gathering is to work in unison with the Nepal Telecommunications Authority and other concerned agencies of Nepal government for making internet sector systematic. Issuing a press release following the gathering, ISPA stated that procedural preparation would be intensified to implement the decisions. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17248', 'image' => '20230411103022_Internett.jpg', 'article_date' => '2023-04-11 10:29:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17512', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Students with Educational Materials ', 'sub_title' => '', 'summary' => 'Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.', 'content' => '<p><span style="font-size:20px">April 11: Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.</span></p> <p><span style="font-size:20px">On the occasion of 16th anniversary of Manakamana Basic School, the bank handed over educational materials to students from marginalized communities.<br /> “The bank has imparted assistance to students from financially and socially weak segments to ensure their access to quality education as part of its corporate social responsibility,” said the bank. <br /> The bank has plans to operate educational support programmes from other branches of other provinces as well. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17247', 'image' => '20230411061909_collage (69).jpg', 'article_date' => '2023-04-11 06:15:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17511', 'article_category_id' => '1', 'title' => 'Police Welfare Fund Provides Rs 20 Million to Police Hospital', 'sub_title' => '', 'summary' => 'Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. ', 'content' => '<p><span style="font-size:20px">April 11: Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. </span></p> <p><span style="font-size:20px">Inspector General of Police, Basanta Bahadur Kunwar, handed over the bank cheque to Medical Director of the Hospital, Additional Inspector General, Dr Asha Singh, on Monday on the occasion of 39th anniversary of the Nepal Police Hospital. </span></p> <p><span style="font-size:20px">On the occasion, IGP Kunwar praised the role of all the seniors who contributed with their tireless efforts and dedication to bring the Nepal Police Hospital to the current status. </span></p> <p><span style="font-size:20px">Saying that there should be an equal opportunity to police staff of all ranks and general public in the Nepal Police Hospital's services, the Police Chief directed the Hospital employees to deliver best possible services with excellent treatment and services. </span></p> <p><span style="font-size:20px">IGP Kunwar also said that all police personnel and staff should be active to enhance the image of the police organisation and to achieve organisation's goal. ----RSS</span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17246', 'image' => '20230411055817_collage (68).jpg', 'article_date' => '2023-04-11 05:56:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17510', 'article_category_id' => '1', 'title' => 'Finance Minister Dr Mahat Directs Customs Officials to Work Dutifully to Produce Results ', 'sub_title' => '', 'summary' => 'Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.', 'content' => '<p><span style="font-size:20px">April 10: Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.</span></p> <p><span style="font-size:20px">Addressing the Customs Management Seminar organized by the Department of Customs in Kathmandu, Minister Mahat directed the customs officials to give utmost priority to their responsibility. </span></p> <p><span style="font-size:20px">"I don't mean to say the traders involved in the import and export business be given unnecessary hassles. You know well what the right things are, but these are not being implemented. I want to draw your attention towards that," the Finance Minister said. </span></p> <p><span style="font-size:20px">Stating the Ministry of Finance under his leadership is effortful in carrying out works in a transparent manner, he asked to the responsible officials to carry out their works seriously. "Let us start the culture of working in a responsible and accountable manner," he reiterated. </span></p> <p><span style="font-size:20px">Customs Department is not solely responsible for the fall of revenue collection, as many causes are behind the drop, added Dr Mahat.</span></p> <p><span style="font-size:20px">Serious discussions have been held with the security bodies for stopping leakage of revenue, Mahat said Mahat. He urged the customs officials to monitor revenue collection in support of the security bodies and the customs officers. </span></p> <p><span style="font-size:20px">"Revenue collection has dropped at many customs checkpoints including at Bhairahawa, Birgunj and Rasuwa checkpoints,” he added. </span></p> <p><span style="font-size:20px">Noting that income had decreased even to cover general expenditures, Dr Mahat said that the government was according high priority to solve the current financial crisis. </span></p> <p><span style="font-size:20px">Mahat informed that the government is doing everything possible to give a way-out to the country from current the financial fiasco.</span></p> <p><span style="font-size:20px">Finance Minister Dr Mahat urged the customs officers to pay attention to unnecessary hassles and difficulties facing industrialists and businessmen. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17245', 'image' => '20230410064307_collage - 2023-04-10T184347.079.jpg', 'article_date' => '2023-04-10 18:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '17509', 'article_category_id' => '218', 'title' => 'Sunrise Bank Provides Rs 6.9 million Scholarships to Police School ', 'sub_title' => '', 'summary' => 'Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).', 'content' => '<p><br /> <span style="font-size:20px">April 10: Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).</span></p> <p><span style="font-size:20px">Sunrise Bank said that it had imparted the scholarship amount to eight schools operated by Nepal Police to encourage diligent and intelligent children of on-service, retired, martyred and police personnel with disabilities to excel in their studies. </span></p> <p><span style="font-size:20px">“We have funded the scholarship to 15 students to study from Grade 4 to Grade 12,” said the bank.</span></p> <p><span style="font-size:20px">In an agreement signing ceremony at Nepal Police Headquarters Naxal, IGP Basant and Bank’s CEO Suman Sharma accompanied by high ranking officials from Nepal Police and Sunrise Bank were present.</span></p> <p><span style="font-size:20px">Chief Executive Officer Suman Sharma said that scholarship will motivate children of police personnel to to study hard and excel. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17244', 'image' => '20230410051000_collage - 2023-04-10T171144.103.jpg', 'article_date' => '2023-04-10 17:08:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '17508', 'article_category_id' => '266', 'title' => 'Asian Paints Nepal Pvt. Ltd Launches New Products', 'sub_title' => '', 'summary' => 'Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.', 'content' => '<p> </p> <p><span style="font-size:20px">April 10: Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.</span></p> <p><span style="font-size:20px">In an event organized at Hotel Soaltee, Kathmandu on April 7, the company launched two new products: Silicon Shield and Hydroloc in the presence of 200+ dealers. </span></p> <p><span style="font-size:20px">Efflorescence (nuniya) has been a major issue that homeowners have been facing on the interior and exterior wall surfaces. The new products have been launched to overcome problems of efflorescence and dampness, says the Asian Paints. </span></p> <p><span style="font-size:20px">The company has also unveiled two more products such as Bariq and Stucco in its Royale Play category designed to fulfill your dream of taking the interior décor of your homes to an entirely new level. </span></p> <p><span style="font-size:20px">Silicon Shield is an easy-to-use waterproofing agent that has a unique penetrative formulation which makes it quite compatible with bricks, stones and clay tiles and protects your exterior walls from efflorescence whilst maintaining their natural look. </span></p> <p><span style="font-size:20px">Hydroloc is another penetrative waterproofing solution that is ideal for interior plastered walls to protect them against dampness and efflorescence.</span></p> <p><span style="font-size:20px">Royale Play Bariq offers a rich metallic texture inspired by the mighty Arabian deserts and offers effects: ocean wave and whirl. Royale Play Stucco, on the other hand, gives finishing which provides the feeling of having marble on your interior walls.</span></p> <p><span style="font-size:20px">Following their launch, all the four products will be available in the market. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17243', 'image' => '20230410043303_collage - 2023-04-10T163354.649.jpg', 'article_date' => '2023-04-10 16:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17507', 'article_category_id' => '1', 'title' => 'Former Korean Minister Lee Urges Nepal to Create a Conducive Environment for Investment ', 'sub_title' => '', 'summary' => 'April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made such a statement during a meeting with Vice Chairperson of the National Planning Commission (NPC) Dr Min Bahadur Shrestha in Kathmandu on Monday. Nepal could take a stride in development activities by bringing in technologies and investments from Korea, said Dr Lee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Having served for around four decades in various sectors with the Korean government including the economic planning department, Lee stressed the need for a strong leadership for the development of a country. He said that a 'robust and strong' leadership in Korea helped develop the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There are many potentials in Nepal. It can make a stride in development by properly utilising these opportunities. We will coordinate in taking global investments and technologies to the country once there is a conducive environment," said Lee, who is the president of the Korea-Asia Economic Cooperation Association. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He referred to foreign aids, technologies and investments received by Korea for its development. He underscored the need for the Government of Nepal to prioritise infrastructures, transport and electricity and make investments in the projects keeping in view its limited resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">NPC Vice Chairperson Shrestha thanked Lee for his gratitude toward Nepal.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Binod Kunwar, the International Coordination Council, the Non-Resident Nepali Association said that Nepal has a potential for development by using the technologies and the development model adopted by developed countries like South Korea. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Others present on the occasion were the NRNA former vice president Sonam Lama, general secretary Janaki Gurung, executive directors Rajesh Rana, Dipesh Khatri, chairperson of the Ropeway Nepal Gunaraj Dhakal and operator of Laxmi Bank Dinesh. </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"">Earlier, Lee, who is in Nepal for a weeklong visit, met with Finance Minister Dr Prakash Sharan Mahat and high-ranking government officials including officer bearers of the Investment Board Nepal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17242', 'image' => '20230410033919_1681108090.Korean Minister.jpg', 'article_date' => '2023-04-10 15:38:40', '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' => '17521', 'article_category_id' => '1', 'title' => 'Inflation Rises to 7.44 Percent', 'sub_title' => '', 'summary' => 'April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest report of Nepal Rastra Bank (NRB), food and beverage inflation stood at 5.64 percent whereas non-food and service inflation rose to 8.87 percent in the review month. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of cereal grains and their sub-category increased 14.35 percent, restaurant and hotel 14.09 percent, spices 10.88 percent, tobacco products 10.83 percent, and alcoholic drinks 8.78 percent, states the Current Macroeconomic and Financial Situation Report published by NRB on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the non-food and services category, y-o-y price index of transportation subcategory increased 13.23 percent, health 10.39 percent, housing and utilities 9.72 percent, recreation and culture 8.81 percent, and furnishing and household equipment 8.79 percent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the review month, consumer price inflation in the Kathmandu Valley, Terai, hill and mountain areas surged to 7.95 percent, 7.50 percent, 6.67 percent and 8.07 percent respectively. Inflation in these regions were 6.31 percent, 7.36 percent, 7.69 percent and 7.56 percent respectively a year ago, NRB said in the report.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17256', 'image' => '20230411042201_Inflation.jpg', 'article_date' => '2023-04-11 16:20:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17520', 'article_category_id' => '1', 'title' => 'Inflow of Remittance Increases by 25 Percent', 'sub_title' => '', 'summary' => 'April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 11: Inflow of remittance increased by 25.3 percent in the first eight months of the current fiscal year against decrease of 1.3 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Current Macroeconomic and Financial Situation Report unveiled by Nepal Rastra Bank (NRB) on Tuesday, remittance inflow in the review period stood at Rs 794.32 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the US Dollar terms, remittance inflow increased 14.8 percent to 6.09 billion in the review period against a decrease of 2.6 percent in the same period of the previous year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the number of Nepali workers (institutional and individual) taking approval for foreign employment increased 54.3 percent to 351,761 in the review period. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The number of Nepali workers renewing their foreign employment permits increased 8.0 percent to 192,559 in the review period. It had increased 240.9 percent in the same period of the previous year, the NRB report added. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Net transfer increased 23.9 percent to Rs 876.07 billion in the review period. Such a transfer had decreased 1.6 percent in the same period of the previous year.</span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17255', 'image' => '20230411041613_Remittance.jpg', 'article_date' => '2023-04-11 16:15:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17519', 'article_category_id' => '218', 'title' => 'Kamana Sewa Bikash Bank Provides Booth to Shoe Mender ', 'sub_title' => '', 'summary' => 'Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. ', 'content' => '<p><br /> <span style="font-size:20px">April 11: Under its corporate social responsibility (CSR), Kamana Sewa Bikas Bank provided a booth built for shoe menders in collaboration with Kathmandu Metropolitan Ward-3 Office and Jod Initiative located in Bansbari, Kathmandu last Wednesday. </span></p> <p><span style="font-size:20px">“The motto of the booth is to provide a convenient place for the local entrepreneurs run their businesses,” said the bank.</span></p> <p><span style="font-size:20px">Krishna Raj Chalise, Member of Kathmandu Metropolitan City Ward No-3, had inaugurated the booth.<br /> The booth was handed over to Naresh Mahara, a shoe mender from Bansbari.</span></p> <p><span style="font-size:20px">“The bank has set the goal to give a systematic place to shoe menders and help them in earning a living under its corporate social responsibility,” the bank informed. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17254', 'image' => '20230411040656_collage - 2023-04-11T160742.955.jpg', 'article_date' => '2023-04-11 16:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17518', 'article_category_id' => '1', 'title' => 'Government to Merge Survey Office and Land Revenue Office', 'sub_title' => '', 'summary' => 'April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The government is preparing to merge the Survey Office and the Land Revenue Office. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The process has been forwarded to merge the offices in a bid to make service delivery effective and reduce problems faced by the service seekers in reaching the two separate offices of the same kind in terms of service they provide, said Dr Damodar Regmi, secretary of the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“The merger will also help save some government expenditures,” he said.</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"">Similarly, the Survey Department’s Director General Janak Raj Joshi said the merger is about to take place because there is no need to have separate offices of Survey Department and Land Revenue Office. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17253', 'image' => '20230411030542_merger.jpg', 'article_date' => '2023-04-11 15:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17517', 'article_category_id' => '1', 'title' => '57th AGM of FNCCI Kicks Off', 'sub_title' => '', 'summary' => 'April 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).', '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 11: The 57th Annual General Meeting (AGM) of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has started from today (Tuesday).</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 AGM will elect a new leadership of the federation. Chandra Dhakal, who is currently the senior vice president of the federation, will automatically become the president after the annual general meeting. There is a provision in the statute of the federation that the person who is the senior vice-president in the previous term will automatically become the president in the next term.</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 elections for the post of senior vice president and other positions will be held on Wednesday during the AGM. According to the federation, the voting will be held at the Nepal Academy Hall from 8 am on Wednesday. Altogether 118 people have registered their candidacy for 64 positions, including senior vice president, vice president and executive member for the election.</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"">A total of three candidates will be vying for one post of senior vice president, eight candidates will compete for the posts of three vice presidents and 104 candidates are in the fray for 58 positions of FNCCI members. </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 election of the senior vice-president of the federation is being watched with much interest due to the provision that the senior vice president will automatically become the president in the next term.</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"">This is the first time that three candidates are contesting for the post of senior vice-president. The three candidates include current vice presidents Ram Chandra Sanghai and Anjan Shrestha and the former Vice President Umesh Lal Shrestha.</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 statute of the FNCCI, a candidate must receive 51 percent of the total votes to be elected as the senior vice president. If no candidate gets 51 percent of the votes in the first round of voting, a second round of voting will be held. According to the federation, only the two candidates who get the most votes will compete in the second round.</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"">As all the three candidates for the position of senior vice president have formed their own panels, there will be competition between all the three panels in the upcoming elections. </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"">Ram Chandra Sanghai, who is also the current vice president, has nominated Suraj Krishna Vaidya as the district vice president, Sakunta Lal Hirachan as the objective vice president and Jyotsana Shrestha as the associate vice president from his group.</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"">Similarly, former vice-president Umesh Lal Shrestha has nominated Dinesh Shrestha, who is still in the same position, as the district vice-president and Hemraj Dhakal as the objective vice-president from his group.</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 incumbent vice president Anjan Shrestha has nominated Arun Sumargi as the district vice president and Manish Lal Pradhan as the objective vice president from his group. Bharatraj Acharya is the common candidate for associate vice president from the groups of Umesh Lal Shrestha and Anjan Shrestha.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17252', 'image' => '20230411024822_1681198535.jpeg', 'article_date' => '2023-04-11 14:47:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17516', 'article_category_id' => '1', 'title' => 'Import of Apples Declines by 10 Percent', 'sub_title' => 'KMC’s decision to ban the sale of goods on bicycles to blame for the slump in consumption of apples', 'summary' => '', '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:"Nirmala UI","sans-serif"">April 11: Import of apple in Nepal has decreased by 10 percent in the first eight months of the current fiscal year. According to the data of the Department of Customs, 57.12 million kilograms of apples have been imported into Nepal between mid-July to mid-February this year. During the corresponding period of last fiscal year, Nepal imported 63.61 million kilograms of apples.</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:"Nirmala UI","sans-serif"">According to the department, the country has spent Rs 4.45 billion to import apples during the review period of the current fiscal year. During the same period of last year, this amount was Rs 7.15 billion.</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:"Nirmala UI","sans-serif"">Amar Baniya, a trader at Kuleshwar Fruit Market, says that the import has decreased due to the decrease in the consumption of apples. According to him, consumption of apples has decreased by 40 percent this year. </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:"Nirmala UI","sans-serif"">“In previous years, fruit sellers used to go from door to door and sell fruit on bicycles. Now there are no such sellers," he explained the reason for the decline in the sale of apples.</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:"Nirmala UI","sans-serif"">Traders say that the sales of apples have decreased after the Kathmandu Metropolitan City banned the sale of fruits and other goods along the roadside on bicycles and carts.</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:"Nirmala UI","sans-serif"">Kamal Basnet, who has been selling fruits along with groceries in Kalimati, also says that the apple business has decreased drastically now. He said that he used to sell 20-30 kg of apples daily last year but now it is difficult to sell 10 kg of apples a day.</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:"Nirmala UI","sans-serif"">Decreased consumption increased the price!</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:"Nirmala UI","sans-serif"">The traders say that the consumption of apples has decreased but their prices have increased. This is exactly the opposite to the theory of economics, which states that the price increases when the demand is high and it declines when the demand is low.</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:"Nirmala UI","sans-serif"">In other words, when consumption decreases, prices also decrease but this is not the case in Nepal.</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:"Nirmala UI","sans-serif"">Last year, the wholesale price of apples was Rs 100-110 per kg, while this year it has reached Rs 160 per kg. Along with the wholesale price, the retail price of apples has also increased. Apples, which were sold at Rs 140 per kg last year, now cost between Rs 150-180. Fuji apple which was Rs 240 per kg last year has now increased by Rs 60.</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:"Nirmala UI","sans-serif"">Businessman Baniya says that apples have been stockpiled in stores after the consumption has decreased.</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:"Nirmala UI","sans-serif"">How much import from which country?</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:"Nirmala UI","sans-serif"">Nepal imports apples from India, China, America and other countries. During the review period of the current fiscal year, most of the apples have been imported from China. According to the department, during the review period, 27.77 million kilograms of apples worth Rs 2.52 billion were imported from China. </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:"Nirmala UI","sans-serif"">Similarly, 20.93 million kg of apples worth Rs 1.92 billion were imported from India.</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:"Nirmala UI","sans-serif"">Likewise, 35,000 kilograms of apples worth Rs 2.7 million were imported from Switzerland and 20,580 kilograms of apples worth Rs 5.5 million from the United States.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17251', 'image' => '20230411020433_20220214024649_1644793529.Clipboard13.jpg', 'article_date' => '2023-04-11 14:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17515', 'article_category_id' => '1', 'title' => 'PM Calls for Mutual Cooperation to Troubleshoot Issues Faced by the Economy ', 'sub_title' => '', 'summary' => 'April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Prime Minister Pushpa Kamal Dahal has said that the government is working to explore different measures to lower the interest rate of banks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with the representatives of banks and financial institutions (BFIs) on Monday, the PM said that the government has been working seriously to bring about reforms in the economy. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I organised this meeting. We are in regular parleys to reduce the burdens seen in economy. We are searching for measures to lower the interest rate of banks. We will reach a conclusion soon," PM Dahal said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the PM noted that increased foreign exchange reserves and improved remittance inflow has eased the crisis to some extent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the PM shared that he was thinking of holding a massive consultations with the representatives of the government and private sector before unveiling the new budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The problems will not be resolved just by trading barbs, the PM said, adding that the current challenges and pressures on economy could be addressed through mutual cooperation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Saying that both national and international factors are responsible for the current economic crisis, PM Dahal stated that the government is effortful to increase revenue collection and curb revenue leakage. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We will ensure firm monitoring mechanism, which brings reform in the economy. We cannot address the issue of liquidity crunch unless real estate business is facilitated. So, we will reach a conclusion soon in this regard," the PM told the private sector's representatives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the PM said that the anarchic activities including advocating the nonpayment of bank loans will not be entertained. "Hooliganism cannot be tolerated. The government will be strict on this," the PM said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, the CEOs of the BFIs and officials urged for the security of the banking sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Present on the occasion were Finance Minister Dr Prakash Sharan Mahat, Chief Secretary Shanker Das Bairagi, Nepal Rastra Bank's Governor Maha Prasad Adhikari, Home Secretary Binod Prakash Singh, Finance Secretary Toyam Raya and other high-ranking officials. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17250', 'image' => '20230411120614_PRO-KTM-066A1003.JPG', 'article_date' => '2023-04-11 12:05:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17514', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand International Flights from Pokhara Airport ', 'sub_title' => '', 'summary' => 'April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: Industrialists and entrepreneurs of Pokhara have urged Prime Minister Pushpa Kamal Dahal to make arrangements for the operation of international flights from Pokhara Regional International Airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During a meeting with Prime Minister Dahal at Singha Durbar on Monday, a delegation of entrepreneurs under the leadership of Pokhara Tourism Council put forth 15-point demands including operation of international flights from Pokhara. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The business community also requested the PM to lower the interest rate of banks to a single digit along with rescheduling of loan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Council Chair Pom Narayan Shrestha said opening heritages of Pokhara including Ratna Temple and Hima Griha are also their demands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that they urged the prime minister to take policy-level initiation for the operation of flights immediately from Pokhara to India, China, Bangladesh and other destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ensuring the organisational representation of tourism-related organisations by making administrative and managerial reforms of the Nepal Tourism Board, repair and upgrading of highways for the convenient travel of tourists entering Nepal by road, structural reform of Civil Aviation Authority of Nepal (CAAN) were the other demands put forth by the delegation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, industrialists and entrepreneurs associated with Pokhara Chamber of Commerce and Industry, Nepal Association of Tours and Travel Agents, Restaurant and Bar Association, as well as other organisations said they were facing difficulties in running business and requested the prime minister to bring paragliding of Pokhara into operation in a way that it does not affect international flights. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17249', 'image' => '20230411113521_Pokhara-Airport-800X533.jpg', 'article_date' => '2023-04-11 11:34:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17513', 'article_category_id' => '1', 'title' => 'ISPs Decide to make Internet Service Effective ', 'sub_title' => '', 'summary' => 'April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 11: The Internet Service Providers' Association (ISPA) has decided to make internet service more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A special meeting of ISPA attended by its chairman, board members, chief executive director and others decided to improve internet quality as per the global standard by internalizing the goal of digital Nepal framework set by the government. </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 ISPs have been called to cooperate with each other. They are also for managing well the service. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the special gathering is to work in unison with the Nepal Telecommunications Authority and other concerned agencies of Nepal government for making internet sector systematic. Issuing a press release following the gathering, ISPA stated that procedural preparation would be intensified to implement the decisions. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17248', 'image' => '20230411103022_Internett.jpg', 'article_date' => '2023-04-11 10:29:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17512', 'article_category_id' => '218', 'title' => 'Citizens Bank International Supports Students with Educational Materials ', 'sub_title' => '', 'summary' => 'Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.', 'content' => '<p><span style="font-size:20px">April 11: Citizens Bank International Dharapani branch has provided students from marginalized and backward communities with educational materials in Nawalpur.</span></p> <p><span style="font-size:20px">On the occasion of 16th anniversary of Manakamana Basic School, the bank handed over educational materials to students from marginalized communities.<br /> “The bank has imparted assistance to students from financially and socially weak segments to ensure their access to quality education as part of its corporate social responsibility,” said the bank. <br /> The bank has plans to operate educational support programmes from other branches of other provinces as well. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17247', 'image' => '20230411061909_collage (69).jpg', 'article_date' => '2023-04-11 06:15:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17511', 'article_category_id' => '1', 'title' => 'Police Welfare Fund Provides Rs 20 Million to Police Hospital', 'sub_title' => '', 'summary' => 'Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. ', 'content' => '<p><span style="font-size:20px">April 11: Nepal Police Welfare Fund has handed over a cheque amounting to Rs 20 million to Nepal Police Hospital, Maharajgunj. </span></p> <p><span style="font-size:20px">Inspector General of Police, Basanta Bahadur Kunwar, handed over the bank cheque to Medical Director of the Hospital, Additional Inspector General, Dr Asha Singh, on Monday on the occasion of 39th anniversary of the Nepal Police Hospital. </span></p> <p><span style="font-size:20px">On the occasion, IGP Kunwar praised the role of all the seniors who contributed with their tireless efforts and dedication to bring the Nepal Police Hospital to the current status. </span></p> <p><span style="font-size:20px">Saying that there should be an equal opportunity to police staff of all ranks and general public in the Nepal Police Hospital's services, the Police Chief directed the Hospital employees to deliver best possible services with excellent treatment and services. </span></p> <p><span style="font-size:20px">IGP Kunwar also said that all police personnel and staff should be active to enhance the image of the police organisation and to achieve organisation's goal. ----RSS</span></p> ', 'published' => true, 'created' => '2023-04-11', 'modified' => '2023-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '17246', 'image' => '20230411055817_collage (68).jpg', 'article_date' => '2023-04-11 05:56:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17510', 'article_category_id' => '1', 'title' => 'Finance Minister Dr Mahat Directs Customs Officials to Work Dutifully to Produce Results ', 'sub_title' => '', 'summary' => 'Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.', 'content' => '<p><span style="font-size:20px">April 10: Finance Minister Dr Prakash Sharan Mahat on Monday directed the customs officials to work dutifully to meet the revenue collection target.</span></p> <p><span style="font-size:20px">Addressing the Customs Management Seminar organized by the Department of Customs in Kathmandu, Minister Mahat directed the customs officials to give utmost priority to their responsibility. </span></p> <p><span style="font-size:20px">"I don't mean to say the traders involved in the import and export business be given unnecessary hassles. You know well what the right things are, but these are not being implemented. I want to draw your attention towards that," the Finance Minister said. </span></p> <p><span style="font-size:20px">Stating the Ministry of Finance under his leadership is effortful in carrying out works in a transparent manner, he asked to the responsible officials to carry out their works seriously. "Let us start the culture of working in a responsible and accountable manner," he reiterated. </span></p> <p><span style="font-size:20px">Customs Department is not solely responsible for the fall of revenue collection, as many causes are behind the drop, added Dr Mahat.</span></p> <p><span style="font-size:20px">Serious discussions have been held with the security bodies for stopping leakage of revenue, Mahat said Mahat. He urged the customs officials to monitor revenue collection in support of the security bodies and the customs officers. </span></p> <p><span style="font-size:20px">"Revenue collection has dropped at many customs checkpoints including at Bhairahawa, Birgunj and Rasuwa checkpoints,” he added. </span></p> <p><span style="font-size:20px">Noting that income had decreased even to cover general expenditures, Dr Mahat said that the government was according high priority to solve the current financial crisis. </span></p> <p><span style="font-size:20px">Mahat informed that the government is doing everything possible to give a way-out to the country from current the financial fiasco.</span></p> <p><span style="font-size:20px">Finance Minister Dr Mahat urged the customs officers to pay attention to unnecessary hassles and difficulties facing industrialists and businessmen. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17245', 'image' => '20230410064307_collage - 2023-04-10T184347.079.jpg', 'article_date' => '2023-04-10 18:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '17509', 'article_category_id' => '218', 'title' => 'Sunrise Bank Provides Rs 6.9 million Scholarships to Police School ', 'sub_title' => '', 'summary' => 'Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).', 'content' => '<p><br /> <span style="font-size:20px">April 10: Sunrise Bank Limited has provided more than Rs 6.9 million in scholarship amount for hardworking and intelligent students studying at Nepal Police School under its corporate social responsibility (CSR).</span></p> <p><span style="font-size:20px">Sunrise Bank said that it had imparted the scholarship amount to eight schools operated by Nepal Police to encourage diligent and intelligent children of on-service, retired, martyred and police personnel with disabilities to excel in their studies. </span></p> <p><span style="font-size:20px">“We have funded the scholarship to 15 students to study from Grade 4 to Grade 12,” said the bank.</span></p> <p><span style="font-size:20px">In an agreement signing ceremony at Nepal Police Headquarters Naxal, IGP Basant and Bank’s CEO Suman Sharma accompanied by high ranking officials from Nepal Police and Sunrise Bank were present.</span></p> <p><span style="font-size:20px">Chief Executive Officer Suman Sharma said that scholarship will motivate children of police personnel to to study hard and excel. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17244', 'image' => '20230410051000_collage - 2023-04-10T171144.103.jpg', 'article_date' => '2023-04-10 17:08:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '17508', 'article_category_id' => '266', 'title' => 'Asian Paints Nepal Pvt. Ltd Launches New Products', 'sub_title' => '', 'summary' => 'Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.', 'content' => '<p> </p> <p><span style="font-size:20px">April 10: Asian Paints Nepal Pvt. Ltd has launched two new products in its smartcare category designed to combat the efflorescence and dampness on walls.</span></p> <p><span style="font-size:20px">In an event organized at Hotel Soaltee, Kathmandu on April 7, the company launched two new products: Silicon Shield and Hydroloc in the presence of 200+ dealers. </span></p> <p><span style="font-size:20px">Efflorescence (nuniya) has been a major issue that homeowners have been facing on the interior and exterior wall surfaces. The new products have been launched to overcome problems of efflorescence and dampness, says the Asian Paints. </span></p> <p><span style="font-size:20px">The company has also unveiled two more products such as Bariq and Stucco in its Royale Play category designed to fulfill your dream of taking the interior décor of your homes to an entirely new level. </span></p> <p><span style="font-size:20px">Silicon Shield is an easy-to-use waterproofing agent that has a unique penetrative formulation which makes it quite compatible with bricks, stones and clay tiles and protects your exterior walls from efflorescence whilst maintaining their natural look. </span></p> <p><span style="font-size:20px">Hydroloc is another penetrative waterproofing solution that is ideal for interior plastered walls to protect them against dampness and efflorescence.</span></p> <p><span style="font-size:20px">Royale Play Bariq offers a rich metallic texture inspired by the mighty Arabian deserts and offers effects: ocean wave and whirl. Royale Play Stucco, on the other hand, gives finishing which provides the feeling of having marble on your interior walls.</span></p> <p><span style="font-size:20px">Following their launch, all the four products will be available in the market. </span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17243', 'image' => '20230410043303_collage - 2023-04-10T163354.649.jpg', 'article_date' => '2023-04-10 16:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17507', 'article_category_id' => '1', 'title' => 'Former Korean Minister Lee Urges Nepal to Create a Conducive Environment for Investment ', 'sub_title' => '', 'summary' => 'April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 10: Visiting former minister of South Korea Dr Lee Nam Kee has said that the Government of South Korea is interested in investing in Nepal provided that there is a conducive environment for investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made such a statement during a meeting with Vice Chairperson of the National Planning Commission (NPC) Dr Min Bahadur Shrestha in Kathmandu on Monday. Nepal could take a stride in development activities by bringing in technologies and investments from Korea, said Dr Lee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Having served for around four decades in various sectors with the Korean government including the economic planning department, Lee stressed the need for a strong leadership for the development of a country. He said that a 'robust and strong' leadership in Korea helped develop the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There are many potentials in Nepal. It can make a stride in development by properly utilising these opportunities. We will coordinate in taking global investments and technologies to the country once there is a conducive environment," said Lee, who is the president of the Korea-Asia Economic Cooperation Association. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He referred to foreign aids, technologies and investments received by Korea for its development. He underscored the need for the Government of Nepal to prioritise infrastructures, transport and electricity and make investments in the projects keeping in view its limited resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">NPC Vice Chairperson Shrestha thanked Lee for his gratitude toward Nepal.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Binod Kunwar, the International Coordination Council, the Non-Resident Nepali Association said that Nepal has a potential for development by using the technologies and the development model adopted by developed countries like South Korea. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Others present on the occasion were the NRNA former vice president Sonam Lama, general secretary Janaki Gurung, executive directors Rajesh Rana, Dipesh Khatri, chairperson of the Ropeway Nepal Gunaraj Dhakal and operator of Laxmi Bank Dinesh. </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"">Earlier, Lee, who is in Nepal for a weeklong visit, met with Finance Minister Dr Prakash Sharan Mahat and high-ranking government officials including officer bearers of the Investment Board Nepal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-10', 'modified' => '2023-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '17242', 'image' => '20230410033919_1681108090.Korean Minister.jpg', 'article_date' => '2023-04-10 15:38:40', '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
