The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district…
The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district…
April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors.…
April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation…
April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China.…
April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese…
On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign…
Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver…
April 7: Recession in the real estate business has started to affect not only the big but also the small…
April 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday.…
April 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as…
April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a…
April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully…
April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three…
April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first…
The 10-party ruling coalition has unveiled its common minimum programme(CMP). The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on…
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', 'content' => '<p><br /> <span style="font-size:20px">April 9: The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district lately. </span></p> <p><span style="font-size:20px">The otherwise lesser-known village in Dang came to be known due to the View Tower located 32 kilometers away from Ghorahi, the district headquarters of Dang. </span></p> <p><span style="font-size:20px">Shrijana Oli of Ghorahi Sub-Metropolitan City-15 shared that her heart was filled with joy when she visited Banglachuli. She expressed her concern that locals do not prioritize visiting tourist spots such as Banglachuli in their own countryside. </span></p> <p><span style="font-size:20px">Anita Sharma of Tulasipur Sub-Metropolitan City-17 came to Banglachuli for the first time. She was all praises for the place. "This place is neither too hot nor too cold. The weather is very moderate here. I could soak up view of Dang as well as various enchanting sceneries of neighbouring district in Pyuthan from the View Tower." </span></p> <p><span style="font-size:20px">To attract more tourists, the road leading to Banglachuli needs to be blacktopped, she suggested. The View Tower along with other tourist attractions such as Dance House were built at the cost of Rs 22 million, informed Bhakta Bahadur Oli, former chairperson of Banglachuli municipality. </span></p> <p><span style="font-size:20px">The garden in the View Tower should be further managed well to promote tourism, he viewed. Tulsiram Pun said, "People from cities visit Banglachuli to escape cacophony of the cities and spend some time in the lap of nature," he said. </span></p> <p><span style="font-size:20px">Visitors could soak up view of various mountain ranges such as Kanchenjunga, Dhaulagiri and Machhapuchre among others which also offer a panoramic view of verdant forests and high hills in the district and neighbouring districts. ---RSS</span></p> ', 'published' => true, 'created' => '2023-04-09', 'modified' => '2023-04-09', 'keywords' => '', 'description' => '', 'sortorder' => '17226', 'image' => '20230409060804_collage (64).jpg', 'article_date' => '2023-04-09 06:05:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17490', 'article_category_id' => '1', 'title' => 'SSF Makes Agreement with 44 Hospitals to Cover Contributors' Medical Expenses ', 'sub_title' => '', 'summary' => 'April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. As per the agreement, the people who are enrolled under the SSF do not have to visit the fund's office to claim the payments after medical treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To get the facility, the contributors should show an identity card provided by the SSF to get the provided discounts on medical expenses. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the agreement, they have to pay only 20 per cent amount of the total expenses spent in course of taking healthcare facilities while the rest expenses will be covered under the SSF. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Joint Spokesperson at the Fund, Rohit Regmi, said the contributors would be free from the hassle of claiming the payments to cover expenses spent in healthcare service under the medicines, healthcare and safe maternity programme, and the accident and disability scheme, later from such hospitals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Under the SSF, the contributors can receive healthcare service from nine hospitals of Koshi and Madhes Provinces each, 20 of Bagmati Province, two of Gandaki province and four of Lumbini Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In other cases, the contributors have to claim the payments for covering medical expenses by submitting necessary documents at the fund's office while availing treatment facility from any other hospitals listed with the fund. -- RSS </span><br /> <br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17225', 'image' => '20230408095009_social-security-fund.jpg', 'article_date' => '2023-04-08 21:49:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17489', 'article_category_id' => '1', 'title' => 'Committee Formed to Study Nepal Airlines Corporation ', 'sub_title' => '', 'summary' => 'April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A five-member committee has been formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17224', 'image' => '20230408122820_naccccc.jpg', 'article_date' => '2023-04-08 12:27:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17488', 'article_category_id' => '1', 'title' => 'China pledges to Invest in Mutually Beneficial Areas, Nepal urges for Preferential Treatment ', 'sub_title' => '', 'summary' => 'April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. A Chinese delegation led by Sun Weidong, vice minister of the foreign affairs of the People’s Republic of China made such commitment during the 15<sup>th</sup> meeting of the Bilateral Diplomatic Consultation Mechanism between the Foreign Ministries of Nepal and the People’s Republic of China held in Beijing on Friday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">According to a statement issued by the Embassy of Nepal in Beijing, the Nepali delegation was led by Bharat Raj Paudyal, foreign secretary of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">During the meeting Foreign Secretary Paudyal proposed for the preferential treatment of Nepal’s primary products such as tea, coffee, herbal products, cooked buffalo meat, and other agricultural products with a view to reduce the widening trade deficit between the two countries.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the statement, the Vice Minister of China admired Nepal’s consistent adherence to One-China Policy and respect for the five principles of peaceful coexistence. Foreign Secretary Paudyal appreciated the Chinese policy of non-interference and respect for Nepal’s sovereignty, territorial integrity and political independence.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">Both sides took stock of the existing Nepal-China bilateral relations and cooperation and deliberated on the ways to further expanding and consolidating cooperation in various areas, including the exchange of bilateral visits; economic cooperation; promotion of trade, investment and tourism; building connectivity; and strengthening cooperation in the fields of agriculture, education, culture and people-to-people relations, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The meeting also reviewed the progress of different infrastructure development projects under China’s grant assistance as well as Chinese-contracted projects and agreed to expedite the implementation of the projects so as to complete them in time.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Foreign Secretary of Nepal appreciated the Government of China for enlisting Nepal as one of the outbound destination countries for group tourism. The two sides discussed on promoting people to people contacts and cultural cooperation, increasing the number of scholarships to Nepali students and professionals, capacity development of technical experts, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">On the occasion, the two sides reviewed the cooperation between the two countries at the multilateral forums, including in the United Nations, and exchange of mutual support to each other’s candidatures. They also discussed the importance of implementation of the UN Sustainable Development Goals and the usefulness of the GDI to promote SDG agenda.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the meeting, Foreign Secretary Paudyal was accompanied by Bishnu Pukar Shrestha, Ambassador of Nepal to the People’s Republic of China, Lok Bahadur Thapa, Joint Secretary at the Ministry of Foreign Affairs of Nepal and other officials of the Ministry and Embassy of Nepal in Beijing. Likewise, the Chinese delegation comprised senior officials of the Ministry of the Foreign Affairs of the People’s Republic of China.</span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17223', 'image' => '20230408121750_a99711c2fbe44f8b4db9f10daa82455.jpg', 'article_date' => '2023-04-08 12:14:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17487', 'article_category_id' => '1', 'title' => 'One Held for Hacking Nepalese Army's Cyberspace ', 'sub_title' => '', 'summary' => 'April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sagar Dhakal, 21, from Waling Municipality-10 in Syangja and currently residing in Pokhara Metropolis-16 in Kaski is alleged to have accessed the army's cyberspace in an unauthorised manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He had used the internet service of his house owner for hacking the website. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He was arrested from Pokhara and brought to Kathmandu. Dhakal was presented to the Kathmandu District Court on Friday and the bureau has been granted permission to remand him in custody for seven days to further investigate the matter, according to the bureau’s Superintendent of Police, Pashupati Kumar Raya. -- RSS </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17222', 'image' => '20230407105603_nepali-army-logo.jpg', 'article_date' => '2023-04-07 22:55:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17486', 'article_category_id' => '249', 'title' => 'Over 600 Students Apply for NOC Letter Daily', 'sub_title' => '', 'summary' => 'On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.', 'content' => '<p><span style="font-size:20px">April 7: Fascination for abroad studies is hugely increasing among Nepali students lately. The data at the Ministry of Education, Science and Technology (MoEST) speaks volume about it. </span></p> <p><span style="font-size:20px">On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.</span></p> <p><span style="font-size:20px">A majority of the students have applied for Australia, Japan, Canada and the USA, according to the ministry’s Department that issues the NOC letter.</span></p> <p><span style="font-size:20px">Out of 609 applications received by the Department last Thursday, 529 were approved and they will be granted the NOC letters today, informed Basudev Wasti, Under-Secretary at the Department.</span></p> <p><span style="font-size:20px">More than 80,000 students have obtained the NOC from July 17 2022 to April 5, 2023. Keeping in mind increasing influx of service-seekers, the Department has launched online services. </span></p> <p><span style="font-size:20px">As per the new system, the information provided by the applicants is verified and NOC letter is issued the next day. </span></p> <p><span style="font-size:20px">The launch of the online service has for NOC letter has decreased the long queue in front of the department and service delivery has become prompt and swift, claimed the department. ---RSS </span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17221', 'image' => '20230407054252_collage - 2023-04-07T172648.664.jpg', 'article_date' => '2023-04-07 17:40:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17485', 'article_category_id' => '1', 'title' => 'Bajaj Celebrates 25 Years of Leadership in Nepal', 'sub_title' => '', 'summary' => 'Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee.', 'content' => '<p><br /> <span style="font-size:20px">April 6: Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee. </span></p> <p><span style="font-size:20px">Since its entry to the Nepali market in 1998, Bajaj has become a household name for the Nepalese people, offering reliable and high-performing vehicles at affordable prices.</span></p> <p><span style="font-size:20px">Hulas Auto Craft, the largest motorcycle assembly plant in Nepal, assembles Bajaj bikes in Nepal. Bajaj has over 800K satisfied and happy customers in Nepal. </span></p> <p><span style="font-size:20px">The largest motorbike brand has taken center stage with its unparalleled innovation and quality by winning hearts and minds of people for the last 25 years. </span></p> <p><span style="font-size:20px">Bajaj has established itself as a trusted brand in Nepal, providing transportation solutions to millions of Nepali people. The brand has always set new benchmarks by rolling out new products.</span></p> <p><span style="font-size:20px">The company's commitment to quality, durability, and innovation has earned loyal customers and they have helped it to become one of the leading two-wheeler manufacturers in Nepal.</span></p> <p><span style="font-size:20px">Speaking on the occasion, Abhimanyu Golchha, Director of Hansraj Hulaschand & Co. Pvt. Ltd., expressed happiness for being able to celebrate 25 years of Bajaj’s leadership in the auto industry. </span></p> <p><span style="font-size:20px">“We have come a long way since our founding. The milestone is an outcome of hard work and dedication put in by employees and trust of dealers and customers,” Golchha added. </span></p> <p><span style="font-size:20px">Bajaj is the most trusted motorcycle brand with the largest service network in Nepal. With great resale value, superior products, easily available spare parts, and customer-friendly services, Bajaj bikes now enjoy the highest position in the market, says the company.</span></p> <p><span style="font-size:20px">Bajaj has launched a New Year campaign 2080- Bajaj 25 Years of Leadership under which customers can enjoy the best deals of 25 % down payment, sure shot cash discount of Rs. 10,000 and 1 kg Silver for 25 individuals in purchasing Bajaj motorcycles from any authorized dealers.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17220', 'image' => '20230407050819_collage - 2023-04-07T170434.472.jpg', 'article_date' => '2023-04-07 17:05:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17484', 'article_category_id' => '1', 'title' => 'Auction of Real Estate Property Mortgage almost Doubles in Three Months', 'sub_title' => '', 'summary' => 'April 7: Recession in the real estate business has started to affect not only the big but also the small businesses.', '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 7: Recession in the real estate business has started to affect not only the big but also the small businesses. Due to the recession, businessmen are struggling to pay the principal and interest of the loans taken for business operations on time.</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""> It is evident from the notices issued by the banks and financial institutions that there has been a rise in auctioning of mortgaged properties due to non-payment of loans.</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"">Data from the previous quarter of the current fiscal year shows that auction-related notices of about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2,400</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">column centimeters (cc) on an average were published daily in the review period. In this period, the auction graph has almost doubled. The data of 'Minds Nepal' shows that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction-related information is being published daily.</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"">Due to the recession in the real estate sector, the borrowers are not in a position to sell the land and repay the loan. </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"">Banks and financial institutions, which published auction notices in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">250,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> column centimeters (cc) space of newspapers in three and a half months from mid-September till the end of December last year, have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more notices in the last one and a half months.</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 data of mid-January till the end of March, the information issued by banks and financial institutions for mortgage auctions is more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. </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 Minds Nepal, this is the data of advertisements related to real estate auction published in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> national daily newspapers published from Kathmandu.</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 this data, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices have been published on a daily basis in the review period. If all the </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pages of a national daily newspaper are filled with auction notices, it will be equivalent to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. Altogether </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction notice can be published in a single newspaper of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> pages (without any news) continuously for three months.</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"">Banks and financial institutions, which issued </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc auction notices in the month of Magh (mid-January to mid-February), printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">155</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc in the following month (mid-February to mid-March). The notice published in mid-February to mid-March is almost </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more than in January.</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"">On April 2 alone, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices were published on a single day. The Nepali month of Chaitra (mid-March to mid-April) is also the month to pay the principal and interest installments of the banks. At this time, the mortgage auction notice for those who cannot pay the bank loan is published in the upcoming months.</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"">Currently, the number of auctions has reached between </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> per month. This figure was less than 400 per month in the months of Kartik, Mangsir and Poush (mid-October to mid-January). </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 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> real estate auction notices were published in those three months.</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"">After that, more than a thousand auction notices were published in the month of Magh (mid-January to mid-February) followed by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">notices in Falgun (mid-February to mid-March) and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">600</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> by mid Chaitra (March end).</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 data clearly shows how much the number of auctions has increased rapidly.</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"">Commercial banks have the largest share in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auctions published during this period.</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"">Commercial banks have printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">00,000 cc notices followed by development banks which have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">52</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices while cooperatives have published </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17219', 'image' => '20230407033424_Real estate.jpg', 'article_date' => '2023-04-07 15:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17483', 'article_category_id' => '1', 'title' => 'As the Indian currency becomes Stronger, US Dollar Weakens', 'sub_title' => '', 'summary' => 'April 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. ', '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 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. According to the foreign currency exchange rate set by the central bank for Friday, the buying rate of 1 US dollar is Rs 130.72 and the selling rate is Rs 131.32.</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"">On the previous trading day, the NRB had fixed the exchange rate of 1 US dollar at Rs 130.91 and the selling rate at Rs 131.51.</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"">After the Reserve Bank of India, the central bank of India, announced that it will keep the repo rate as it is, experts say that the value of the US dollar in Nepal has decreased as the Indian currency has strengthened. When the Indian currency becomes stronger, the US dollar tends to weaken in Nepal and the Nepalese currency is pegged with the Indian currency</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 buying rate and selling rate of the dollar set by nine commercial banks are lower than the price set by the central bank on Friday. Among them, NMB Bank has the lowest dollar purchase rate.</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, the buying rate and selling rate of dollar of 11 commercial banks are higher than the value determined by the NRB. The dollar exchange rate set by the banks is lower than on Thursday.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17218', 'image' => '20230407013841_dollarr.jpg', 'article_date' => '2023-04-07 13:38:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17482', 'article_category_id' => '1', 'title' => 'Business in Thamel Slumps to the Lowest in Two Decades: Businessmen', 'sub_title' => '', 'summary' => 'April 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.', '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 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.</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"">Businessmen of Thamel say that despite the highest number of tourists entering Nepal in the month of March after the coronavirus pandemic largely subsided, the business in Thamel was not much significant. </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"">It has been found that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the tourists who come to Nepal come to Thamel. Punya Ram Lageju, who has been selling trekking goods for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years at Satghumti in Thamel, says that despite the increase in tourists in the Thamel area, the business has not increased. "Compared to before the coronavirus pandemic, there is only </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of business now," he says.</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"">Before the pandemic, Lageju used to trade goods worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">a day. He says that now daily business is between Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10,000. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Sharing his business experience of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, Lageju said, "The business is at the lowest point now."</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, Sitaram Regmi, who has been trading clothes in Thamel for a long time, says that the business has declined now compared to the past. He says that although there are a lot of tourists in the streets of Thamel, the business is low. "Sometimes there is no sale at all," says Regmi.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that the business has decreased due to the lack of tourists who spend a lot of money. </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"">Meena Kumari Bastola, the owner of Nepal Handicraft Collection, who has been doing the handicraft business in Thamel for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, says that business has decreased drastically in recent times. </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 business is not like before, earlier tourists used to look at the goods coming to the shop. If they liked, they used to buy and take them away. But now, tourists do not enter the shop," says Bastola.</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"">She has been selling and distributing woolen, pashmina, felt and other items. Due to the lack of business in Thamel, businessmen say that they are also facing problems in paying rent to their landlords. </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"">While the businessmen of Thamel area are complaining about the lack of business, hoteliers say that the number of tourists has increased in hotels in Thamel. Bimal Dhamala, who runs the Kathmandu Eco Hotel in Thamel, says that the number of tourists in Thamel has increased recently.</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 Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the hotel I run, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> rooms are filled every day, which is relatively good," he says. Dhamala, who is also the vice-chairman of the Thamel Tourism Development Council, says that the business of the Thamel area has declined because tourists come to stay for a short time. He said that tourists come and stay for one or two nights. </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"">Mahesh Phuyal, general manager of the four-star hotel 'Ramada' in Thamel, says that the rooms of his hotel are now filled up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">90</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent every day. He says that the number of tourists in the hotel has increased due to the fact that it is now the peak season of tourism.</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"">With the increase in the number of tourists in Nepal, excitement has also increased in the aviation sector. Lately, there has been an increase in number of tourists visiting the Everest Base Camp in Solukhumbu as well as Mustang, Dolpa, Humla and other areas by air.</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 Sudarshan Bartaula, spokesman of Yeti Airlines and head of air security, the number of tourists traveling through Tara Air, a sister organization of Yeti Airlines, has increased.</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 number of tourists traveling for mountain flights of Tara Airlines and Yeti Airlines has increased," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, Tara Airlines has been flying up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights daily to various destinations. The airline operates </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> daily flights from Ramechhap's Manthali Airport to Solukhumbu's Tenzing Hillary Airport in Lukla. Similarly, the same airline has </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights from Pokhara to Mustang.</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"">March, April, and May are considered as the tourist season in Nepal. According to the Nepal Tourism Board, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">99,426</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists entered Nepal in the month of March alone. In the month of March, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">454</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from SAARC countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">643</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other Asian countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">265</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from Europe and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">958</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other countries arrived 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:"Arial","sans-serif"">Similarly, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">707</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from Canada, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">557</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from America and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,375 from the Middle East and other countries have entered Nepal. Maniraj Lamichhane, Director and Information Officer of the Nepal Tourism Board, says that most of the tourists coming in the month of March are from India. According to him, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25,911</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from India arrived in Nepal in the month of March alone. In the month of March last year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">13</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists came from India.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17217', 'image' => '20230407013731_1680850548.329131452_1591616004638934_1778590492350176467_n.jpg', 'article_date' => '2023-04-07 13:36:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17481', 'article_category_id' => '1', 'title' => 'Clear Arrears of the Period before Enforcement of Federalism: NDAC', 'sub_title' => '', 'summary' => 'April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 50th meeting of the NDAC held at the Office of the Prime Minister and Council of Ministers on Thursday directed the committee to clear the arrears of district development committees and education offices that were in place before the country adopted federalism. Similarly, the arrears at province and local levels have to be cleared on time, the meeting stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> During the meeting, Vice-Chairman of the National Planning Commission, Dr Min Bahadur Shrestha, presented a 17-point proposal on resolving the problems faced in course of the country’s development. Questions were raised on existing Public Procurement Regulation, 2064 which discourages small construction entrepreneurs from participating in bidding process. Whether the regulation could be amended was also discussed during the meeting. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the public procurement monitoring office has been asked to submit a report on contract ceiling, tender cost, and bidding duration. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Land Management, Cooperatives and Poverty Alleviation has been directed to coordinate with Finance Ministry and Nepal Rastra Bank to regulate the cooperatives for solving the problems surfaced lately in this sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, the Ministry of Federal Affairs and General Administration has been directed to ensure adequate human resources at province and local levels so that service delivery and development works would not be hampered. </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"">Various other issues such as revenue sharing between province and local levels on natural resources, need of formulating laws on it, arrangement of G2G scheme to purchase chemical fertilizer, problems of technical institutes and trainers, handover of technical institutes under CTEVT, amendment of law on permission needed from Division Forest Office to cut trees on construction works were also discussed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, unplanned settlements, acquisition of land for construction works, and industrial estate were raised as pressing issue in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17216', 'image' => '20230407010644_PMO.jpg', 'article_date' => '2023-04-07 13:06:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17480', 'article_category_id' => '1', 'title' => '132 KV Dordi Corridor Transmission Line Resumes Operation', 'sub_title' => '', 'summary' => 'April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After completing the reconstruction of the four towers damaged by the flood in the Dordi River in the monsoon of 2022, the transmission line has been fully operational since Thursday. With the transmission line fully operational, the infrastructure is ready to support about 300 megawatts of electricity.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Nepal Electricity Authority (NEA) had been partially operating the transmission line from Udipur in Besisahar Municipality of Lamjung to the Kirtipur substation in Dordi rural municipality since last September.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As it seemed that it would take some time to rebuild the flood-damaged towers, the Dordi Corridor line from Udipur Substation to the Dordi Khola-1 hydropower project built by the private sector and from there to Kirtipur Substation using the Dordi Khola-1 transmission line was brought into operation partially.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Project chief Ramesh Paudel said that with the completion of the reconstruction of the tower and the operation of the transmission line, the electricity of all private sector hydropower projects built on the Dordi river has been connected to the Kirtipur substation and flowed to the national grid through the Dordi Corridor transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Twenty-seven MW Dordi Khola, 25 MW Upper Dordi 'A', 12 MW Dordi Khola-1, and 8.63 MW Chepekhola small hydropower projects are connected to the transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Along with the 54-megawatt Super-Dordi 'B' hydropower, which is in the final stage of construction, the electricity of other projects under construction and to be constructed in that corridor will also be connected to this line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Dordi Corridor transmission line is built with an estimated cost of Rs 850 million by the government. The length of the transmission line is 10 km. The project itself has constructed a substation of 132 KV, 10 MVA capacity at Kirtipur.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The four towers of the transmission line, which were completed in the year 2077, were swept away by the flood that occurred in the Dordi River in July 2022. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17215', 'image' => '20230407124200_1680767745.Dordi.jpg', 'article_date' => '2023-04-07 12:41:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17479', 'article_category_id' => '1', 'title' => 'Nepal Assumes Chairmanship of LDC Global Coordination Bureau ', 'sub_title' => '', 'summary' => 'April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A press release issued by the Permanent Mission of Nepal to the United Nations, New York, stated that Nepal assumed the chairmanship in a ceremony organized at the UN Headquarters, New York on April 5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Ambassador and Permanent Representative to the UN, Amrit Bahadur Rai, presided over the handover ceremony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking on the occasion, Ambassador Rai commended Malawi for successfully leading the group amidst the vortex of multiple crises resulting from the pandemic, climate change, and geopolitical tensions to food, energy and financial crisis that had harsh effects on the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared Nepal's commitment to work in the spirit of solidarity with the LDC members, the UN System, and development partners to safeguard and promote the collective interests of the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the LDC Chair, Ambassador Rai said that the effective implementation of the Doha Programme of Action would remain the top priority. He also underlined the importance of mainstreaming the Doha Programme of Action into all relevant UN processes and outcomes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, Rai expressed Nepal's commitment to work for poverty reduction and sustainable development, securing enhanced international support measures for graduating countries, building resilience to climate change and disasters, climate financing, enhancing trade and investment opportunities, and addressing gender and social inequalities. Similarly, Ambassador Rai emphasized unity and solidarity of the LDC group to secure robust international support including through official development assistance, debt relief, and technology transfer. He also stressed the need for democratic global governance system where LDCs will have voice and representation in global decision-making processes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the event, USG and High Representative, Rabab Fatima, congratulated Nepal for assuming the very important role and assured full support and assistance of her office to the LDC group and its coordination bureau. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The press release further shared that ceremony was attended by the outgoing Chair Agnes Chimbiri Molande, Permanent Representative of Malawi, Rabab Fatima, Under-Secretary-General and UN High Representative for the LDC, Landlocked Developing Countries, and Small Island Developing States along with the Ambassadors and delegates from the LDCs. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17214', 'image' => '20230407114938_Neapl.jpg', 'article_date' => '2023-04-07 11:48:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17478', 'article_category_id' => '1', 'title' => 'Strengthening Country's Economy will be his First Priority: FM Mahat ', 'sub_title' => '', 'summary' => 'April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at a meeting with office-bearers of Editors Society of Nepal on Thursday, Minister Mahat shared that the government is engaged in preparation of budget for upcoming fiscal year. </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 main focus of the budget will be strengthening the economy," the state-owned RSS quoted the minister as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FM Mahat also said that government's Common Minimum Programme was drafted in consensus of the ruling alliance parties. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The office-bearers of the Society, congratulated and wished Minister Mahat for his successful term. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to RSS, the society's patron Kiran Vaidya, Chairperson Puru Risal, Senior Vice-Chair Pushpa Raj Pradhan, General-Secretary Shyam Kaji Dotel, among others were present on the occasion. </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17213', 'image' => '20230407110932_Prakash-sharan-Mahat-1.jpg', 'article_date' => '2023-04-07 11:06:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17477', 'article_category_id' => '1', 'title' => 'Ruling Coalition Unveils Government’s Common Minimum Program ', 'sub_title' => '', 'summary' => 'The 10-party ruling coalition has unveiled its common minimum programme(CMP). The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. ', 'content' => '<p><br /> <span style="font-size:20px">April 7: The 10-party ruling coalition has unveiled its common minimum programme(CMP). </span></p> <p><span style="font-size:20px">The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. </span></p> <p><span style="font-size:20px">The CMP includes priorities of the Government outlined in nine different points including protecting the constitution and amending it as necessary, strengthening the federal democratic republic through implementation of federalism, giving equal importance to policy.</span></p> <p><span style="font-size:20px"> The common minimum programme pledges structural and functional reforms to transform and strengthen the country's economy and to put an end to existing class, ethnic, regional and gender-based differences in the society and building a social system based on equality, freedom and justice. </span></p> <p><span style="font-size:20px">The ruling parties have also expressed a collective commitment to complete the remaining work of the comprehensive peace agreement, and other agreements signed following various popular past movements. </span></p> <p><span style="font-size:20px">The CPM states that government will prioritize governance reforms, corruption control and strict measures to ensure quality service delivery. The government will be working for production-oriented economy, improvement of fair supply and distribution system. </span></p> <p><span style="font-size:20px">Likewise, unnecessary expenses and administrative hassles would be wiped out while making public administration competent, reducing the risks caused by global crises such as climate change, biodiversity loss and environmental pollution, and environmental balance shall be maintained. </span></p> <p><span style="font-size:20px">The government will adopt an independent and balanced foreign policy for the protection of national interests and for the prosperity of the people. </span></p> <p><span style="font-size:20px">Prime Minister and Chairperson of CPN (Maoist Center) Pushpa Kamal Dahal 'Prachanda', President of Nepali Congress Sher Bahadur Deuba, Chairperson of CPN (Unified Socialist) Madhav Kumar Nepal, President of Janata Samajwadi Party Upendra Yadav, President of Loktatantrik Samajwadi Party Mahantha Thakur, President of Samajwadi Party Dr Baburam Bhattarai, President of Janamat Party CK Raut, President of Nagarik Unmukti Party Ranjita Shrestha, President of Aam Janata Party Prabhu Sah and President of Rastriya Janamorcha Nepal Chitra Bahadur KC have signed the common minimum programme. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17212', 'image' => '20230407063930_collage (63).jpg', 'article_date' => '2023-04-07 06:37:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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' => '17491', 'article_category_id' => '1', 'title' => 'Banglachuli View Tower Attracting Domestic Tourists', 'sub_title' => '', 'summary' => 'The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district lately. ', 'content' => '<p><br /> <span style="font-size:20px">April 9: The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district lately. </span></p> <p><span style="font-size:20px">The otherwise lesser-known village in Dang came to be known due to the View Tower located 32 kilometers away from Ghorahi, the district headquarters of Dang. </span></p> <p><span style="font-size:20px">Shrijana Oli of Ghorahi Sub-Metropolitan City-15 shared that her heart was filled with joy when she visited Banglachuli. She expressed her concern that locals do not prioritize visiting tourist spots such as Banglachuli in their own countryside. </span></p> <p><span style="font-size:20px">Anita Sharma of Tulasipur Sub-Metropolitan City-17 came to Banglachuli for the first time. She was all praises for the place. "This place is neither too hot nor too cold. The weather is very moderate here. I could soak up view of Dang as well as various enchanting sceneries of neighbouring district in Pyuthan from the View Tower." </span></p> <p><span style="font-size:20px">To attract more tourists, the road leading to Banglachuli needs to be blacktopped, she suggested. The View Tower along with other tourist attractions such as Dance House were built at the cost of Rs 22 million, informed Bhakta Bahadur Oli, former chairperson of Banglachuli municipality. </span></p> <p><span style="font-size:20px">The garden in the View Tower should be further managed well to promote tourism, he viewed. Tulsiram Pun said, "People from cities visit Banglachuli to escape cacophony of the cities and spend some time in the lap of nature," he said. </span></p> <p><span style="font-size:20px">Visitors could soak up view of various mountain ranges such as Kanchenjunga, Dhaulagiri and Machhapuchre among others which also offer a panoramic view of verdant forests and high hills in the district and neighbouring districts. ---RSS</span></p> ', 'published' => true, 'created' => '2023-04-09', 'modified' => '2023-04-09', 'keywords' => '', 'description' => '', 'sortorder' => '17226', 'image' => '20230409060804_collage (64).jpg', 'article_date' => '2023-04-09 06:05:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17490', 'article_category_id' => '1', 'title' => 'SSF Makes Agreement with 44 Hospitals to Cover Contributors' Medical Expenses ', 'sub_title' => '', 'summary' => 'April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. As per the agreement, the people who are enrolled under the SSF do not have to visit the fund's office to claim the payments after medical treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To get the facility, the contributors should show an identity card provided by the SSF to get the provided discounts on medical expenses. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the agreement, they have to pay only 20 per cent amount of the total expenses spent in course of taking healthcare facilities while the rest expenses will be covered under the SSF. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Joint Spokesperson at the Fund, Rohit Regmi, said the contributors would be free from the hassle of claiming the payments to cover expenses spent in healthcare service under the medicines, healthcare and safe maternity programme, and the accident and disability scheme, later from such hospitals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Under the SSF, the contributors can receive healthcare service from nine hospitals of Koshi and Madhes Provinces each, 20 of Bagmati Province, two of Gandaki province and four of Lumbini Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In other cases, the contributors have to claim the payments for covering medical expenses by submitting necessary documents at the fund's office while availing treatment facility from any other hospitals listed with the fund. -- RSS </span><br /> <br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17225', 'image' => '20230408095009_social-security-fund.jpg', 'article_date' => '2023-04-08 21:49:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17489', 'article_category_id' => '1', 'title' => 'Committee Formed to Study Nepal Airlines Corporation ', 'sub_title' => '', 'summary' => 'April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A five-member committee has been formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17224', 'image' => '20230408122820_naccccc.jpg', 'article_date' => '2023-04-08 12:27:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17488', 'article_category_id' => '1', 'title' => 'China pledges to Invest in Mutually Beneficial Areas, Nepal urges for Preferential Treatment ', 'sub_title' => '', 'summary' => 'April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. A Chinese delegation led by Sun Weidong, vice minister of the foreign affairs of the People’s Republic of China made such commitment during the 15<sup>th</sup> meeting of the Bilateral Diplomatic Consultation Mechanism between the Foreign Ministries of Nepal and the People’s Republic of China held in Beijing on Friday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">According to a statement issued by the Embassy of Nepal in Beijing, the Nepali delegation was led by Bharat Raj Paudyal, foreign secretary of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">During the meeting Foreign Secretary Paudyal proposed for the preferential treatment of Nepal’s primary products such as tea, coffee, herbal products, cooked buffalo meat, and other agricultural products with a view to reduce the widening trade deficit between the two countries.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the statement, the Vice Minister of China admired Nepal’s consistent adherence to One-China Policy and respect for the five principles of peaceful coexistence. Foreign Secretary Paudyal appreciated the Chinese policy of non-interference and respect for Nepal’s sovereignty, territorial integrity and political independence.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">Both sides took stock of the existing Nepal-China bilateral relations and cooperation and deliberated on the ways to further expanding and consolidating cooperation in various areas, including the exchange of bilateral visits; economic cooperation; promotion of trade, investment and tourism; building connectivity; and strengthening cooperation in the fields of agriculture, education, culture and people-to-people relations, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The meeting also reviewed the progress of different infrastructure development projects under China’s grant assistance as well as Chinese-contracted projects and agreed to expedite the implementation of the projects so as to complete them in time.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Foreign Secretary of Nepal appreciated the Government of China for enlisting Nepal as one of the outbound destination countries for group tourism. The two sides discussed on promoting people to people contacts and cultural cooperation, increasing the number of scholarships to Nepali students and professionals, capacity development of technical experts, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">On the occasion, the two sides reviewed the cooperation between the two countries at the multilateral forums, including in the United Nations, and exchange of mutual support to each other’s candidatures. They also discussed the importance of implementation of the UN Sustainable Development Goals and the usefulness of the GDI to promote SDG agenda.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the meeting, Foreign Secretary Paudyal was accompanied by Bishnu Pukar Shrestha, Ambassador of Nepal to the People’s Republic of China, Lok Bahadur Thapa, Joint Secretary at the Ministry of Foreign Affairs of Nepal and other officials of the Ministry and Embassy of Nepal in Beijing. Likewise, the Chinese delegation comprised senior officials of the Ministry of the Foreign Affairs of the People’s Republic of China.</span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17223', 'image' => '20230408121750_a99711c2fbe44f8b4db9f10daa82455.jpg', 'article_date' => '2023-04-08 12:14:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17487', 'article_category_id' => '1', 'title' => 'One Held for Hacking Nepalese Army's Cyberspace ', 'sub_title' => '', 'summary' => 'April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sagar Dhakal, 21, from Waling Municipality-10 in Syangja and currently residing in Pokhara Metropolis-16 in Kaski is alleged to have accessed the army's cyberspace in an unauthorised manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He had used the internet service of his house owner for hacking the website. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He was arrested from Pokhara and brought to Kathmandu. Dhakal was presented to the Kathmandu District Court on Friday and the bureau has been granted permission to remand him in custody for seven days to further investigate the matter, according to the bureau’s Superintendent of Police, Pashupati Kumar Raya. -- RSS </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17222', 'image' => '20230407105603_nepali-army-logo.jpg', 'article_date' => '2023-04-07 22:55:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17486', 'article_category_id' => '249', 'title' => 'Over 600 Students Apply for NOC Letter Daily', 'sub_title' => '', 'summary' => 'On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.', 'content' => '<p><span style="font-size:20px">April 7: Fascination for abroad studies is hugely increasing among Nepali students lately. The data at the Ministry of Education, Science and Technology (MoEST) speaks volume about it. </span></p> <p><span style="font-size:20px">On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.</span></p> <p><span style="font-size:20px">A majority of the students have applied for Australia, Japan, Canada and the USA, according to the ministry’s Department that issues the NOC letter.</span></p> <p><span style="font-size:20px">Out of 609 applications received by the Department last Thursday, 529 were approved and they will be granted the NOC letters today, informed Basudev Wasti, Under-Secretary at the Department.</span></p> <p><span style="font-size:20px">More than 80,000 students have obtained the NOC from July 17 2022 to April 5, 2023. Keeping in mind increasing influx of service-seekers, the Department has launched online services. </span></p> <p><span style="font-size:20px">As per the new system, the information provided by the applicants is verified and NOC letter is issued the next day. </span></p> <p><span style="font-size:20px">The launch of the online service has for NOC letter has decreased the long queue in front of the department and service delivery has become prompt and swift, claimed the department. ---RSS </span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17221', 'image' => '20230407054252_collage - 2023-04-07T172648.664.jpg', 'article_date' => '2023-04-07 17:40:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17485', 'article_category_id' => '1', 'title' => 'Bajaj Celebrates 25 Years of Leadership in Nepal', 'sub_title' => '', 'summary' => 'Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee.', 'content' => '<p><br /> <span style="font-size:20px">April 6: Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee. </span></p> <p><span style="font-size:20px">Since its entry to the Nepali market in 1998, Bajaj has become a household name for the Nepalese people, offering reliable and high-performing vehicles at affordable prices.</span></p> <p><span style="font-size:20px">Hulas Auto Craft, the largest motorcycle assembly plant in Nepal, assembles Bajaj bikes in Nepal. Bajaj has over 800K satisfied and happy customers in Nepal. </span></p> <p><span style="font-size:20px">The largest motorbike brand has taken center stage with its unparalleled innovation and quality by winning hearts and minds of people for the last 25 years. </span></p> <p><span style="font-size:20px">Bajaj has established itself as a trusted brand in Nepal, providing transportation solutions to millions of Nepali people. The brand has always set new benchmarks by rolling out new products.</span></p> <p><span style="font-size:20px">The company's commitment to quality, durability, and innovation has earned loyal customers and they have helped it to become one of the leading two-wheeler manufacturers in Nepal.</span></p> <p><span style="font-size:20px">Speaking on the occasion, Abhimanyu Golchha, Director of Hansraj Hulaschand & Co. Pvt. Ltd., expressed happiness for being able to celebrate 25 years of Bajaj’s leadership in the auto industry. </span></p> <p><span style="font-size:20px">“We have come a long way since our founding. The milestone is an outcome of hard work and dedication put in by employees and trust of dealers and customers,” Golchha added. </span></p> <p><span style="font-size:20px">Bajaj is the most trusted motorcycle brand with the largest service network in Nepal. With great resale value, superior products, easily available spare parts, and customer-friendly services, Bajaj bikes now enjoy the highest position in the market, says the company.</span></p> <p><span style="font-size:20px">Bajaj has launched a New Year campaign 2080- Bajaj 25 Years of Leadership under which customers can enjoy the best deals of 25 % down payment, sure shot cash discount of Rs. 10,000 and 1 kg Silver for 25 individuals in purchasing Bajaj motorcycles from any authorized dealers.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17220', 'image' => '20230407050819_collage - 2023-04-07T170434.472.jpg', 'article_date' => '2023-04-07 17:05:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17484', 'article_category_id' => '1', 'title' => 'Auction of Real Estate Property Mortgage almost Doubles in Three Months', 'sub_title' => '', 'summary' => 'April 7: Recession in the real estate business has started to affect not only the big but also the small businesses.', '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 7: Recession in the real estate business has started to affect not only the big but also the small businesses. Due to the recession, businessmen are struggling to pay the principal and interest of the loans taken for business operations on time.</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""> It is evident from the notices issued by the banks and financial institutions that there has been a rise in auctioning of mortgaged properties due to non-payment of loans.</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"">Data from the previous quarter of the current fiscal year shows that auction-related notices of about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2,400</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">column centimeters (cc) on an average were published daily in the review period. In this period, the auction graph has almost doubled. The data of 'Minds Nepal' shows that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction-related information is being published daily.</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"">Due to the recession in the real estate sector, the borrowers are not in a position to sell the land and repay the loan. </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"">Banks and financial institutions, which published auction notices in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">250,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> column centimeters (cc) space of newspapers in three and a half months from mid-September till the end of December last year, have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more notices in the last one and a half months.</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 data of mid-January till the end of March, the information issued by banks and financial institutions for mortgage auctions is more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. </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 Minds Nepal, this is the data of advertisements related to real estate auction published in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> national daily newspapers published from Kathmandu.</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 this data, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices have been published on a daily basis in the review period. If all the </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pages of a national daily newspaper are filled with auction notices, it will be equivalent to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. Altogether </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction notice can be published in a single newspaper of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> pages (without any news) continuously for three months.</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"">Banks and financial institutions, which issued </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc auction notices in the month of Magh (mid-January to mid-February), printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">155</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc in the following month (mid-February to mid-March). The notice published in mid-February to mid-March is almost </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more than in January.</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"">On April 2 alone, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices were published on a single day. The Nepali month of Chaitra (mid-March to mid-April) is also the month to pay the principal and interest installments of the banks. At this time, the mortgage auction notice for those who cannot pay the bank loan is published in the upcoming months.</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"">Currently, the number of auctions has reached between </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> per month. This figure was less than 400 per month in the months of Kartik, Mangsir and Poush (mid-October to mid-January). </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 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> real estate auction notices were published in those three months.</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"">After that, more than a thousand auction notices were published in the month of Magh (mid-January to mid-February) followed by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">notices in Falgun (mid-February to mid-March) and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">600</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> by mid Chaitra (March end).</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 data clearly shows how much the number of auctions has increased rapidly.</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"">Commercial banks have the largest share in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auctions published during this period.</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"">Commercial banks have printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">00,000 cc notices followed by development banks which have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">52</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices while cooperatives have published </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17219', 'image' => '20230407033424_Real estate.jpg', 'article_date' => '2023-04-07 15:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17483', 'article_category_id' => '1', 'title' => 'As the Indian currency becomes Stronger, US Dollar Weakens', 'sub_title' => '', 'summary' => 'April 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. ', '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 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. According to the foreign currency exchange rate set by the central bank for Friday, the buying rate of 1 US dollar is Rs 130.72 and the selling rate is Rs 131.32.</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"">On the previous trading day, the NRB had fixed the exchange rate of 1 US dollar at Rs 130.91 and the selling rate at Rs 131.51.</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"">After the Reserve Bank of India, the central bank of India, announced that it will keep the repo rate as it is, experts say that the value of the US dollar in Nepal has decreased as the Indian currency has strengthened. When the Indian currency becomes stronger, the US dollar tends to weaken in Nepal and the Nepalese currency is pegged with the Indian currency</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 buying rate and selling rate of the dollar set by nine commercial banks are lower than the price set by the central bank on Friday. Among them, NMB Bank has the lowest dollar purchase rate.</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, the buying rate and selling rate of dollar of 11 commercial banks are higher than the value determined by the NRB. The dollar exchange rate set by the banks is lower than on Thursday.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17218', 'image' => '20230407013841_dollarr.jpg', 'article_date' => '2023-04-07 13:38:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17482', 'article_category_id' => '1', 'title' => 'Business in Thamel Slumps to the Lowest in Two Decades: Businessmen', 'sub_title' => '', 'summary' => 'April 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.', '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 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.</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"">Businessmen of Thamel say that despite the highest number of tourists entering Nepal in the month of March after the coronavirus pandemic largely subsided, the business in Thamel was not much significant. </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"">It has been found that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the tourists who come to Nepal come to Thamel. Punya Ram Lageju, who has been selling trekking goods for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years at Satghumti in Thamel, says that despite the increase in tourists in the Thamel area, the business has not increased. "Compared to before the coronavirus pandemic, there is only </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of business now," he says.</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"">Before the pandemic, Lageju used to trade goods worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">a day. He says that now daily business is between Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10,000. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Sharing his business experience of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, Lageju said, "The business is at the lowest point now."</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, Sitaram Regmi, who has been trading clothes in Thamel for a long time, says that the business has declined now compared to the past. He says that although there are a lot of tourists in the streets of Thamel, the business is low. "Sometimes there is no sale at all," says Regmi.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that the business has decreased due to the lack of tourists who spend a lot of money. </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"">Meena Kumari Bastola, the owner of Nepal Handicraft Collection, who has been doing the handicraft business in Thamel for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, says that business has decreased drastically in recent times. </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 business is not like before, earlier tourists used to look at the goods coming to the shop. If they liked, they used to buy and take them away. But now, tourists do not enter the shop," says Bastola.</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"">She has been selling and distributing woolen, pashmina, felt and other items. Due to the lack of business in Thamel, businessmen say that they are also facing problems in paying rent to their landlords. </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"">While the businessmen of Thamel area are complaining about the lack of business, hoteliers say that the number of tourists has increased in hotels in Thamel. Bimal Dhamala, who runs the Kathmandu Eco Hotel in Thamel, says that the number of tourists in Thamel has increased recently.</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 Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the hotel I run, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> rooms are filled every day, which is relatively good," he says. Dhamala, who is also the vice-chairman of the Thamel Tourism Development Council, says that the business of the Thamel area has declined because tourists come to stay for a short time. He said that tourists come and stay for one or two nights. </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"">Mahesh Phuyal, general manager of the four-star hotel 'Ramada' in Thamel, says that the rooms of his hotel are now filled up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">90</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent every day. He says that the number of tourists in the hotel has increased due to the fact that it is now the peak season of tourism.</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"">With the increase in the number of tourists in Nepal, excitement has also increased in the aviation sector. Lately, there has been an increase in number of tourists visiting the Everest Base Camp in Solukhumbu as well as Mustang, Dolpa, Humla and other areas by air.</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 Sudarshan Bartaula, spokesman of Yeti Airlines and head of air security, the number of tourists traveling through Tara Air, a sister organization of Yeti Airlines, has increased.</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 number of tourists traveling for mountain flights of Tara Airlines and Yeti Airlines has increased," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, Tara Airlines has been flying up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights daily to various destinations. The airline operates </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> daily flights from Ramechhap's Manthali Airport to Solukhumbu's Tenzing Hillary Airport in Lukla. Similarly, the same airline has </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights from Pokhara to Mustang.</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"">March, April, and May are considered as the tourist season in Nepal. According to the Nepal Tourism Board, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">99,426</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists entered Nepal in the month of March alone. In the month of March, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">454</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from SAARC countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">643</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other Asian countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">265</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from Europe and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">958</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other countries arrived 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:"Arial","sans-serif"">Similarly, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">707</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from Canada, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">557</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from America and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,375 from the Middle East and other countries have entered Nepal. Maniraj Lamichhane, Director and Information Officer of the Nepal Tourism Board, says that most of the tourists coming in the month of March are from India. According to him, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25,911</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from India arrived in Nepal in the month of March alone. In the month of March last year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">13</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists came from India.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17217', 'image' => '20230407013731_1680850548.329131452_1591616004638934_1778590492350176467_n.jpg', 'article_date' => '2023-04-07 13:36:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17481', 'article_category_id' => '1', 'title' => 'Clear Arrears of the Period before Enforcement of Federalism: NDAC', 'sub_title' => '', 'summary' => 'April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 50th meeting of the NDAC held at the Office of the Prime Minister and Council of Ministers on Thursday directed the committee to clear the arrears of district development committees and education offices that were in place before the country adopted federalism. Similarly, the arrears at province and local levels have to be cleared on time, the meeting stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> During the meeting, Vice-Chairman of the National Planning Commission, Dr Min Bahadur Shrestha, presented a 17-point proposal on resolving the problems faced in course of the country’s development. Questions were raised on existing Public Procurement Regulation, 2064 which discourages small construction entrepreneurs from participating in bidding process. Whether the regulation could be amended was also discussed during the meeting. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the public procurement monitoring office has been asked to submit a report on contract ceiling, tender cost, and bidding duration. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Land Management, Cooperatives and Poverty Alleviation has been directed to coordinate with Finance Ministry and Nepal Rastra Bank to regulate the cooperatives for solving the problems surfaced lately in this sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, the Ministry of Federal Affairs and General Administration has been directed to ensure adequate human resources at province and local levels so that service delivery and development works would not be hampered. </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"">Various other issues such as revenue sharing between province and local levels on natural resources, need of formulating laws on it, arrangement of G2G scheme to purchase chemical fertilizer, problems of technical institutes and trainers, handover of technical institutes under CTEVT, amendment of law on permission needed from Division Forest Office to cut trees on construction works were also discussed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, unplanned settlements, acquisition of land for construction works, and industrial estate were raised as pressing issue in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17216', 'image' => '20230407010644_PMO.jpg', 'article_date' => '2023-04-07 13:06:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17480', 'article_category_id' => '1', 'title' => '132 KV Dordi Corridor Transmission Line Resumes Operation', 'sub_title' => '', 'summary' => 'April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After completing the reconstruction of the four towers damaged by the flood in the Dordi River in the monsoon of 2022, the transmission line has been fully operational since Thursday. With the transmission line fully operational, the infrastructure is ready to support about 300 megawatts of electricity.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Nepal Electricity Authority (NEA) had been partially operating the transmission line from Udipur in Besisahar Municipality of Lamjung to the Kirtipur substation in Dordi rural municipality since last September.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As it seemed that it would take some time to rebuild the flood-damaged towers, the Dordi Corridor line from Udipur Substation to the Dordi Khola-1 hydropower project built by the private sector and from there to Kirtipur Substation using the Dordi Khola-1 transmission line was brought into operation partially.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Project chief Ramesh Paudel said that with the completion of the reconstruction of the tower and the operation of the transmission line, the electricity of all private sector hydropower projects built on the Dordi river has been connected to the Kirtipur substation and flowed to the national grid through the Dordi Corridor transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Twenty-seven MW Dordi Khola, 25 MW Upper Dordi 'A', 12 MW Dordi Khola-1, and 8.63 MW Chepekhola small hydropower projects are connected to the transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Along with the 54-megawatt Super-Dordi 'B' hydropower, which is in the final stage of construction, the electricity of other projects under construction and to be constructed in that corridor will also be connected to this line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Dordi Corridor transmission line is built with an estimated cost of Rs 850 million by the government. The length of the transmission line is 10 km. The project itself has constructed a substation of 132 KV, 10 MVA capacity at Kirtipur.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The four towers of the transmission line, which were completed in the year 2077, were swept away by the flood that occurred in the Dordi River in July 2022. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17215', 'image' => '20230407124200_1680767745.Dordi.jpg', 'article_date' => '2023-04-07 12:41:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17479', 'article_category_id' => '1', 'title' => 'Nepal Assumes Chairmanship of LDC Global Coordination Bureau ', 'sub_title' => '', 'summary' => 'April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A press release issued by the Permanent Mission of Nepal to the United Nations, New York, stated that Nepal assumed the chairmanship in a ceremony organized at the UN Headquarters, New York on April 5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Ambassador and Permanent Representative to the UN, Amrit Bahadur Rai, presided over the handover ceremony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking on the occasion, Ambassador Rai commended Malawi for successfully leading the group amidst the vortex of multiple crises resulting from the pandemic, climate change, and geopolitical tensions to food, energy and financial crisis that had harsh effects on the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared Nepal's commitment to work in the spirit of solidarity with the LDC members, the UN System, and development partners to safeguard and promote the collective interests of the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the LDC Chair, Ambassador Rai said that the effective implementation of the Doha Programme of Action would remain the top priority. He also underlined the importance of mainstreaming the Doha Programme of Action into all relevant UN processes and outcomes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, Rai expressed Nepal's commitment to work for poverty reduction and sustainable development, securing enhanced international support measures for graduating countries, building resilience to climate change and disasters, climate financing, enhancing trade and investment opportunities, and addressing gender and social inequalities. Similarly, Ambassador Rai emphasized unity and solidarity of the LDC group to secure robust international support including through official development assistance, debt relief, and technology transfer. He also stressed the need for democratic global governance system where LDCs will have voice and representation in global decision-making processes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the event, USG and High Representative, Rabab Fatima, congratulated Nepal for assuming the very important role and assured full support and assistance of her office to the LDC group and its coordination bureau. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The press release further shared that ceremony was attended by the outgoing Chair Agnes Chimbiri Molande, Permanent Representative of Malawi, Rabab Fatima, Under-Secretary-General and UN High Representative for the LDC, Landlocked Developing Countries, and Small Island Developing States along with the Ambassadors and delegates from the LDCs. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17214', 'image' => '20230407114938_Neapl.jpg', 'article_date' => '2023-04-07 11:48:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17478', 'article_category_id' => '1', 'title' => 'Strengthening Country's Economy will be his First Priority: FM Mahat ', 'sub_title' => '', 'summary' => 'April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at a meeting with office-bearers of Editors Society of Nepal on Thursday, Minister Mahat shared that the government is engaged in preparation of budget for upcoming fiscal year. </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 main focus of the budget will be strengthening the economy," the state-owned RSS quoted the minister as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FM Mahat also said that government's Common Minimum Programme was drafted in consensus of the ruling alliance parties. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The office-bearers of the Society, congratulated and wished Minister Mahat for his successful term. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to RSS, the society's patron Kiran Vaidya, Chairperson Puru Risal, Senior Vice-Chair Pushpa Raj Pradhan, General-Secretary Shyam Kaji Dotel, among others were present on the occasion. </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17213', 'image' => '20230407110932_Prakash-sharan-Mahat-1.jpg', 'article_date' => '2023-04-07 11:06:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17477', 'article_category_id' => '1', 'title' => 'Ruling Coalition Unveils Government’s Common Minimum Program ', 'sub_title' => '', 'summary' => 'The 10-party ruling coalition has unveiled its common minimum programme(CMP). The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. ', 'content' => '<p><br /> <span style="font-size:20px">April 7: The 10-party ruling coalition has unveiled its common minimum programme(CMP). </span></p> <p><span style="font-size:20px">The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. </span></p> <p><span style="font-size:20px">The CMP includes priorities of the Government outlined in nine different points including protecting the constitution and amending it as necessary, strengthening the federal democratic republic through implementation of federalism, giving equal importance to policy.</span></p> <p><span style="font-size:20px"> The common minimum programme pledges structural and functional reforms to transform and strengthen the country's economy and to put an end to existing class, ethnic, regional and gender-based differences in the society and building a social system based on equality, freedom and justice. </span></p> <p><span style="font-size:20px">The ruling parties have also expressed a collective commitment to complete the remaining work of the comprehensive peace agreement, and other agreements signed following various popular past movements. </span></p> <p><span style="font-size:20px">The CPM states that government will prioritize governance reforms, corruption control and strict measures to ensure quality service delivery. The government will be working for production-oriented economy, improvement of fair supply and distribution system. </span></p> <p><span style="font-size:20px">Likewise, unnecessary expenses and administrative hassles would be wiped out while making public administration competent, reducing the risks caused by global crises such as climate change, biodiversity loss and environmental pollution, and environmental balance shall be maintained. </span></p> <p><span style="font-size:20px">The government will adopt an independent and balanced foreign policy for the protection of national interests and for the prosperity of the people. </span></p> <p><span style="font-size:20px">Prime Minister and Chairperson of CPN (Maoist Center) Pushpa Kamal Dahal 'Prachanda', President of Nepali Congress Sher Bahadur Deuba, Chairperson of CPN (Unified Socialist) Madhav Kumar Nepal, President of Janata Samajwadi Party Upendra Yadav, President of Loktatantrik Samajwadi Party Mahantha Thakur, President of Samajwadi Party Dr Baburam Bhattarai, President of Janamat Party CK Raut, President of Nagarik Unmukti Party Ranjita Shrestha, President of Aam Janata Party Prabhu Sah and President of Rastriya Janamorcha Nepal Chitra Bahadur KC have signed the common minimum programme. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17212', 'image' => '20230407063930_collage (63).jpg', 'article_date' => '2023-04-07 06:37:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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
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', 'content' => '<p><br /> <span style="font-size:20px">April 9: The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district lately. </span></p> <p><span style="font-size:20px">The otherwise lesser-known village in Dang came to be known due to the View Tower located 32 kilometers away from Ghorahi, the district headquarters of Dang. </span></p> <p><span style="font-size:20px">Shrijana Oli of Ghorahi Sub-Metropolitan City-15 shared that her heart was filled with joy when she visited Banglachuli. She expressed her concern that locals do not prioritize visiting tourist spots such as Banglachuli in their own countryside. </span></p> <p><span style="font-size:20px">Anita Sharma of Tulasipur Sub-Metropolitan City-17 came to Banglachuli for the first time. She was all praises for the place. "This place is neither too hot nor too cold. The weather is very moderate here. I could soak up view of Dang as well as various enchanting sceneries of neighbouring district in Pyuthan from the View Tower." </span></p> <p><span style="font-size:20px">To attract more tourists, the road leading to Banglachuli needs to be blacktopped, she suggested. The View Tower along with other tourist attractions such as Dance House were built at the cost of Rs 22 million, informed Bhakta Bahadur Oli, former chairperson of Banglachuli municipality. </span></p> <p><span style="font-size:20px">The garden in the View Tower should be further managed well to promote tourism, he viewed. Tulsiram Pun said, "People from cities visit Banglachuli to escape cacophony of the cities and spend some time in the lap of nature," he said. </span></p> <p><span style="font-size:20px">Visitors could soak up view of various mountain ranges such as Kanchenjunga, Dhaulagiri and Machhapuchre among others which also offer a panoramic view of verdant forests and high hills in the district and neighbouring districts. ---RSS</span></p> ', 'published' => true, 'created' => '2023-04-09', 'modified' => '2023-04-09', 'keywords' => '', 'description' => '', 'sortorder' => '17226', 'image' => '20230409060804_collage (64).jpg', 'article_date' => '2023-04-09 06:05:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17490', 'article_category_id' => '1', 'title' => 'SSF Makes Agreement with 44 Hospitals to Cover Contributors' Medical Expenses ', 'sub_title' => '', 'summary' => 'April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. As per the agreement, the people who are enrolled under the SSF do not have to visit the fund's office to claim the payments after medical treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To get the facility, the contributors should show an identity card provided by the SSF to get the provided discounts on medical expenses. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the agreement, they have to pay only 20 per cent amount of the total expenses spent in course of taking healthcare facilities while the rest expenses will be covered under the SSF. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Joint Spokesperson at the Fund, Rohit Regmi, said the contributors would be free from the hassle of claiming the payments to cover expenses spent in healthcare service under the medicines, healthcare and safe maternity programme, and the accident and disability scheme, later from such hospitals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Under the SSF, the contributors can receive healthcare service from nine hospitals of Koshi and Madhes Provinces each, 20 of Bagmati Province, two of Gandaki province and four of Lumbini Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In other cases, the contributors have to claim the payments for covering medical expenses by submitting necessary documents at the fund's office while availing treatment facility from any other hospitals listed with the fund. -- RSS </span><br /> <br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17225', 'image' => '20230408095009_social-security-fund.jpg', 'article_date' => '2023-04-08 21:49:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17489', 'article_category_id' => '1', 'title' => 'Committee Formed to Study Nepal Airlines Corporation ', 'sub_title' => '', 'summary' => 'April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A five-member committee has been formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17224', 'image' => '20230408122820_naccccc.jpg', 'article_date' => '2023-04-08 12:27:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17488', 'article_category_id' => '1', 'title' => 'China pledges to Invest in Mutually Beneficial Areas, Nepal urges for Preferential Treatment ', 'sub_title' => '', 'summary' => 'April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. A Chinese delegation led by Sun Weidong, vice minister of the foreign affairs of the People’s Republic of China made such commitment during the 15<sup>th</sup> meeting of the Bilateral Diplomatic Consultation Mechanism between the Foreign Ministries of Nepal and the People’s Republic of China held in Beijing on Friday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">According to a statement issued by the Embassy of Nepal in Beijing, the Nepali delegation was led by Bharat Raj Paudyal, foreign secretary of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">During the meeting Foreign Secretary Paudyal proposed for the preferential treatment of Nepal’s primary products such as tea, coffee, herbal products, cooked buffalo meat, and other agricultural products with a view to reduce the widening trade deficit between the two countries.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the statement, the Vice Minister of China admired Nepal’s consistent adherence to One-China Policy and respect for the five principles of peaceful coexistence. Foreign Secretary Paudyal appreciated the Chinese policy of non-interference and respect for Nepal’s sovereignty, territorial integrity and political independence.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">Both sides took stock of the existing Nepal-China bilateral relations and cooperation and deliberated on the ways to further expanding and consolidating cooperation in various areas, including the exchange of bilateral visits; economic cooperation; promotion of trade, investment and tourism; building connectivity; and strengthening cooperation in the fields of agriculture, education, culture and people-to-people relations, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The meeting also reviewed the progress of different infrastructure development projects under China’s grant assistance as well as Chinese-contracted projects and agreed to expedite the implementation of the projects so as to complete them in time.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Foreign Secretary of Nepal appreciated the Government of China for enlisting Nepal as one of the outbound destination countries for group tourism. The two sides discussed on promoting people to people contacts and cultural cooperation, increasing the number of scholarships to Nepali students and professionals, capacity development of technical experts, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">On the occasion, the two sides reviewed the cooperation between the two countries at the multilateral forums, including in the United Nations, and exchange of mutual support to each other’s candidatures. They also discussed the importance of implementation of the UN Sustainable Development Goals and the usefulness of the GDI to promote SDG agenda.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the meeting, Foreign Secretary Paudyal was accompanied by Bishnu Pukar Shrestha, Ambassador of Nepal to the People’s Republic of China, Lok Bahadur Thapa, Joint Secretary at the Ministry of Foreign Affairs of Nepal and other officials of the Ministry and Embassy of Nepal in Beijing. Likewise, the Chinese delegation comprised senior officials of the Ministry of the Foreign Affairs of the People’s Republic of China.</span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17223', 'image' => '20230408121750_a99711c2fbe44f8b4db9f10daa82455.jpg', 'article_date' => '2023-04-08 12:14:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17487', 'article_category_id' => '1', 'title' => 'One Held for Hacking Nepalese Army's Cyberspace ', 'sub_title' => '', 'summary' => 'April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sagar Dhakal, 21, from Waling Municipality-10 in Syangja and currently residing in Pokhara Metropolis-16 in Kaski is alleged to have accessed the army's cyberspace in an unauthorised manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He had used the internet service of his house owner for hacking the website. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He was arrested from Pokhara and brought to Kathmandu. Dhakal was presented to the Kathmandu District Court on Friday and the bureau has been granted permission to remand him in custody for seven days to further investigate the matter, according to the bureau’s Superintendent of Police, Pashupati Kumar Raya. -- RSS </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17222', 'image' => '20230407105603_nepali-army-logo.jpg', 'article_date' => '2023-04-07 22:55:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17486', 'article_category_id' => '249', 'title' => 'Over 600 Students Apply for NOC Letter Daily', 'sub_title' => '', 'summary' => 'On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.', 'content' => '<p><span style="font-size:20px">April 7: Fascination for abroad studies is hugely increasing among Nepali students lately. The data at the Ministry of Education, Science and Technology (MoEST) speaks volume about it. </span></p> <p><span style="font-size:20px">On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.</span></p> <p><span style="font-size:20px">A majority of the students have applied for Australia, Japan, Canada and the USA, according to the ministry’s Department that issues the NOC letter.</span></p> <p><span style="font-size:20px">Out of 609 applications received by the Department last Thursday, 529 were approved and they will be granted the NOC letters today, informed Basudev Wasti, Under-Secretary at the Department.</span></p> <p><span style="font-size:20px">More than 80,000 students have obtained the NOC from July 17 2022 to April 5, 2023. Keeping in mind increasing influx of service-seekers, the Department has launched online services. </span></p> <p><span style="font-size:20px">As per the new system, the information provided by the applicants is verified and NOC letter is issued the next day. </span></p> <p><span style="font-size:20px">The launch of the online service has for NOC letter has decreased the long queue in front of the department and service delivery has become prompt and swift, claimed the department. ---RSS </span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17221', 'image' => '20230407054252_collage - 2023-04-07T172648.664.jpg', 'article_date' => '2023-04-07 17:40:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17485', 'article_category_id' => '1', 'title' => 'Bajaj Celebrates 25 Years of Leadership in Nepal', 'sub_title' => '', 'summary' => 'Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee.', 'content' => '<p><br /> <span style="font-size:20px">April 6: Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee. </span></p> <p><span style="font-size:20px">Since its entry to the Nepali market in 1998, Bajaj has become a household name for the Nepalese people, offering reliable and high-performing vehicles at affordable prices.</span></p> <p><span style="font-size:20px">Hulas Auto Craft, the largest motorcycle assembly plant in Nepal, assembles Bajaj bikes in Nepal. Bajaj has over 800K satisfied and happy customers in Nepal. </span></p> <p><span style="font-size:20px">The largest motorbike brand has taken center stage with its unparalleled innovation and quality by winning hearts and minds of people for the last 25 years. </span></p> <p><span style="font-size:20px">Bajaj has established itself as a trusted brand in Nepal, providing transportation solutions to millions of Nepali people. The brand has always set new benchmarks by rolling out new products.</span></p> <p><span style="font-size:20px">The company's commitment to quality, durability, and innovation has earned loyal customers and they have helped it to become one of the leading two-wheeler manufacturers in Nepal.</span></p> <p><span style="font-size:20px">Speaking on the occasion, Abhimanyu Golchha, Director of Hansraj Hulaschand & Co. Pvt. Ltd., expressed happiness for being able to celebrate 25 years of Bajaj’s leadership in the auto industry. </span></p> <p><span style="font-size:20px">“We have come a long way since our founding. The milestone is an outcome of hard work and dedication put in by employees and trust of dealers and customers,” Golchha added. </span></p> <p><span style="font-size:20px">Bajaj is the most trusted motorcycle brand with the largest service network in Nepal. With great resale value, superior products, easily available spare parts, and customer-friendly services, Bajaj bikes now enjoy the highest position in the market, says the company.</span></p> <p><span style="font-size:20px">Bajaj has launched a New Year campaign 2080- Bajaj 25 Years of Leadership under which customers can enjoy the best deals of 25 % down payment, sure shot cash discount of Rs. 10,000 and 1 kg Silver for 25 individuals in purchasing Bajaj motorcycles from any authorized dealers.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17220', 'image' => '20230407050819_collage - 2023-04-07T170434.472.jpg', 'article_date' => '2023-04-07 17:05:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17484', 'article_category_id' => '1', 'title' => 'Auction of Real Estate Property Mortgage almost Doubles in Three Months', 'sub_title' => '', 'summary' => 'April 7: Recession in the real estate business has started to affect not only the big but also the small businesses.', '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 7: Recession in the real estate business has started to affect not only the big but also the small businesses. Due to the recession, businessmen are struggling to pay the principal and interest of the loans taken for business operations on time.</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""> It is evident from the notices issued by the banks and financial institutions that there has been a rise in auctioning of mortgaged properties due to non-payment of loans.</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"">Data from the previous quarter of the current fiscal year shows that auction-related notices of about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2,400</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">column centimeters (cc) on an average were published daily in the review period. In this period, the auction graph has almost doubled. The data of 'Minds Nepal' shows that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction-related information is being published daily.</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"">Due to the recession in the real estate sector, the borrowers are not in a position to sell the land and repay the loan. </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"">Banks and financial institutions, which published auction notices in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">250,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> column centimeters (cc) space of newspapers in three and a half months from mid-September till the end of December last year, have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more notices in the last one and a half months.</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 data of mid-January till the end of March, the information issued by banks and financial institutions for mortgage auctions is more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. </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 Minds Nepal, this is the data of advertisements related to real estate auction published in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> national daily newspapers published from Kathmandu.</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 this data, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices have been published on a daily basis in the review period. If all the </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pages of a national daily newspaper are filled with auction notices, it will be equivalent to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. Altogether </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction notice can be published in a single newspaper of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> pages (without any news) continuously for three months.</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"">Banks and financial institutions, which issued </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc auction notices in the month of Magh (mid-January to mid-February), printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">155</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc in the following month (mid-February to mid-March). The notice published in mid-February to mid-March is almost </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more than in January.</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"">On April 2 alone, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices were published on a single day. The Nepali month of Chaitra (mid-March to mid-April) is also the month to pay the principal and interest installments of the banks. At this time, the mortgage auction notice for those who cannot pay the bank loan is published in the upcoming months.</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"">Currently, the number of auctions has reached between </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> per month. This figure was less than 400 per month in the months of Kartik, Mangsir and Poush (mid-October to mid-January). </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 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> real estate auction notices were published in those three months.</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"">After that, more than a thousand auction notices were published in the month of Magh (mid-January to mid-February) followed by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">notices in Falgun (mid-February to mid-March) and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">600</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> by mid Chaitra (March end).</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 data clearly shows how much the number of auctions has increased rapidly.</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"">Commercial banks have the largest share in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auctions published during this period.</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"">Commercial banks have printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">00,000 cc notices followed by development banks which have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">52</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices while cooperatives have published </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17219', 'image' => '20230407033424_Real estate.jpg', 'article_date' => '2023-04-07 15:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17483', 'article_category_id' => '1', 'title' => 'As the Indian currency becomes Stronger, US Dollar Weakens', 'sub_title' => '', 'summary' => 'April 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. ', '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 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. According to the foreign currency exchange rate set by the central bank for Friday, the buying rate of 1 US dollar is Rs 130.72 and the selling rate is Rs 131.32.</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"">On the previous trading day, the NRB had fixed the exchange rate of 1 US dollar at Rs 130.91 and the selling rate at Rs 131.51.</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"">After the Reserve Bank of India, the central bank of India, announced that it will keep the repo rate as it is, experts say that the value of the US dollar in Nepal has decreased as the Indian currency has strengthened. When the Indian currency becomes stronger, the US dollar tends to weaken in Nepal and the Nepalese currency is pegged with the Indian currency</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 buying rate and selling rate of the dollar set by nine commercial banks are lower than the price set by the central bank on Friday. Among them, NMB Bank has the lowest dollar purchase rate.</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, the buying rate and selling rate of dollar of 11 commercial banks are higher than the value determined by the NRB. The dollar exchange rate set by the banks is lower than on Thursday.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17218', 'image' => '20230407013841_dollarr.jpg', 'article_date' => '2023-04-07 13:38:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17482', 'article_category_id' => '1', 'title' => 'Business in Thamel Slumps to the Lowest in Two Decades: Businessmen', 'sub_title' => '', 'summary' => 'April 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.', '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 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.</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"">Businessmen of Thamel say that despite the highest number of tourists entering Nepal in the month of March after the coronavirus pandemic largely subsided, the business in Thamel was not much significant. </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"">It has been found that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the tourists who come to Nepal come to Thamel. Punya Ram Lageju, who has been selling trekking goods for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years at Satghumti in Thamel, says that despite the increase in tourists in the Thamel area, the business has not increased. "Compared to before the coronavirus pandemic, there is only </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of business now," he says.</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"">Before the pandemic, Lageju used to trade goods worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">a day. He says that now daily business is between Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10,000. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Sharing his business experience of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, Lageju said, "The business is at the lowest point now."</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, Sitaram Regmi, who has been trading clothes in Thamel for a long time, says that the business has declined now compared to the past. He says that although there are a lot of tourists in the streets of Thamel, the business is low. "Sometimes there is no sale at all," says Regmi.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that the business has decreased due to the lack of tourists who spend a lot of money. </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"">Meena Kumari Bastola, the owner of Nepal Handicraft Collection, who has been doing the handicraft business in Thamel for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, says that business has decreased drastically in recent times. </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 business is not like before, earlier tourists used to look at the goods coming to the shop. If they liked, they used to buy and take them away. But now, tourists do not enter the shop," says Bastola.</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"">She has been selling and distributing woolen, pashmina, felt and other items. Due to the lack of business in Thamel, businessmen say that they are also facing problems in paying rent to their landlords. </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"">While the businessmen of Thamel area are complaining about the lack of business, hoteliers say that the number of tourists has increased in hotels in Thamel. Bimal Dhamala, who runs the Kathmandu Eco Hotel in Thamel, says that the number of tourists in Thamel has increased recently.</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 Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the hotel I run, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> rooms are filled every day, which is relatively good," he says. Dhamala, who is also the vice-chairman of the Thamel Tourism Development Council, says that the business of the Thamel area has declined because tourists come to stay for a short time. He said that tourists come and stay for one or two nights. </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"">Mahesh Phuyal, general manager of the four-star hotel 'Ramada' in Thamel, says that the rooms of his hotel are now filled up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">90</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent every day. He says that the number of tourists in the hotel has increased due to the fact that it is now the peak season of tourism.</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"">With the increase in the number of tourists in Nepal, excitement has also increased in the aviation sector. Lately, there has been an increase in number of tourists visiting the Everest Base Camp in Solukhumbu as well as Mustang, Dolpa, Humla and other areas by air.</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 Sudarshan Bartaula, spokesman of Yeti Airlines and head of air security, the number of tourists traveling through Tara Air, a sister organization of Yeti Airlines, has increased.</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 number of tourists traveling for mountain flights of Tara Airlines and Yeti Airlines has increased," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, Tara Airlines has been flying up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights daily to various destinations. The airline operates </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> daily flights from Ramechhap's Manthali Airport to Solukhumbu's Tenzing Hillary Airport in Lukla. Similarly, the same airline has </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights from Pokhara to Mustang.</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"">March, April, and May are considered as the tourist season in Nepal. According to the Nepal Tourism Board, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">99,426</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists entered Nepal in the month of March alone. In the month of March, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">454</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from SAARC countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">643</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other Asian countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">265</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from Europe and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">958</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other countries arrived 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:"Arial","sans-serif"">Similarly, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">707</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from Canada, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">557</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from America and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,375 from the Middle East and other countries have entered Nepal. Maniraj Lamichhane, Director and Information Officer of the Nepal Tourism Board, says that most of the tourists coming in the month of March are from India. According to him, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25,911</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from India arrived in Nepal in the month of March alone. In the month of March last year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">13</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists came from India.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17217', 'image' => '20230407013731_1680850548.329131452_1591616004638934_1778590492350176467_n.jpg', 'article_date' => '2023-04-07 13:36:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17481', 'article_category_id' => '1', 'title' => 'Clear Arrears of the Period before Enforcement of Federalism: NDAC', 'sub_title' => '', 'summary' => 'April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 50th meeting of the NDAC held at the Office of the Prime Minister and Council of Ministers on Thursday directed the committee to clear the arrears of district development committees and education offices that were in place before the country adopted federalism. Similarly, the arrears at province and local levels have to be cleared on time, the meeting stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> During the meeting, Vice-Chairman of the National Planning Commission, Dr Min Bahadur Shrestha, presented a 17-point proposal on resolving the problems faced in course of the country’s development. Questions were raised on existing Public Procurement Regulation, 2064 which discourages small construction entrepreneurs from participating in bidding process. Whether the regulation could be amended was also discussed during the meeting. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the public procurement monitoring office has been asked to submit a report on contract ceiling, tender cost, and bidding duration. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Land Management, Cooperatives and Poverty Alleviation has been directed to coordinate with Finance Ministry and Nepal Rastra Bank to regulate the cooperatives for solving the problems surfaced lately in this sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, the Ministry of Federal Affairs and General Administration has been directed to ensure adequate human resources at province and local levels so that service delivery and development works would not be hampered. </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"">Various other issues such as revenue sharing between province and local levels on natural resources, need of formulating laws on it, arrangement of G2G scheme to purchase chemical fertilizer, problems of technical institutes and trainers, handover of technical institutes under CTEVT, amendment of law on permission needed from Division Forest Office to cut trees on construction works were also discussed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, unplanned settlements, acquisition of land for construction works, and industrial estate were raised as pressing issue in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17216', 'image' => '20230407010644_PMO.jpg', 'article_date' => '2023-04-07 13:06:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17480', 'article_category_id' => '1', 'title' => '132 KV Dordi Corridor Transmission Line Resumes Operation', 'sub_title' => '', 'summary' => 'April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After completing the reconstruction of the four towers damaged by the flood in the Dordi River in the monsoon of 2022, the transmission line has been fully operational since Thursday. With the transmission line fully operational, the infrastructure is ready to support about 300 megawatts of electricity.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Nepal Electricity Authority (NEA) had been partially operating the transmission line from Udipur in Besisahar Municipality of Lamjung to the Kirtipur substation in Dordi rural municipality since last September.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As it seemed that it would take some time to rebuild the flood-damaged towers, the Dordi Corridor line from Udipur Substation to the Dordi Khola-1 hydropower project built by the private sector and from there to Kirtipur Substation using the Dordi Khola-1 transmission line was brought into operation partially.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Project chief Ramesh Paudel said that with the completion of the reconstruction of the tower and the operation of the transmission line, the electricity of all private sector hydropower projects built on the Dordi river has been connected to the Kirtipur substation and flowed to the national grid through the Dordi Corridor transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Twenty-seven MW Dordi Khola, 25 MW Upper Dordi 'A', 12 MW Dordi Khola-1, and 8.63 MW Chepekhola small hydropower projects are connected to the transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Along with the 54-megawatt Super-Dordi 'B' hydropower, which is in the final stage of construction, the electricity of other projects under construction and to be constructed in that corridor will also be connected to this line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Dordi Corridor transmission line is built with an estimated cost of Rs 850 million by the government. The length of the transmission line is 10 km. The project itself has constructed a substation of 132 KV, 10 MVA capacity at Kirtipur.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The four towers of the transmission line, which were completed in the year 2077, were swept away by the flood that occurred in the Dordi River in July 2022. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17215', 'image' => '20230407124200_1680767745.Dordi.jpg', 'article_date' => '2023-04-07 12:41:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17479', 'article_category_id' => '1', 'title' => 'Nepal Assumes Chairmanship of LDC Global Coordination Bureau ', 'sub_title' => '', 'summary' => 'April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A press release issued by the Permanent Mission of Nepal to the United Nations, New York, stated that Nepal assumed the chairmanship in a ceremony organized at the UN Headquarters, New York on April 5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Ambassador and Permanent Representative to the UN, Amrit Bahadur Rai, presided over the handover ceremony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking on the occasion, Ambassador Rai commended Malawi for successfully leading the group amidst the vortex of multiple crises resulting from the pandemic, climate change, and geopolitical tensions to food, energy and financial crisis that had harsh effects on the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared Nepal's commitment to work in the spirit of solidarity with the LDC members, the UN System, and development partners to safeguard and promote the collective interests of the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the LDC Chair, Ambassador Rai said that the effective implementation of the Doha Programme of Action would remain the top priority. He also underlined the importance of mainstreaming the Doha Programme of Action into all relevant UN processes and outcomes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, Rai expressed Nepal's commitment to work for poverty reduction and sustainable development, securing enhanced international support measures for graduating countries, building resilience to climate change and disasters, climate financing, enhancing trade and investment opportunities, and addressing gender and social inequalities. Similarly, Ambassador Rai emphasized unity and solidarity of the LDC group to secure robust international support including through official development assistance, debt relief, and technology transfer. He also stressed the need for democratic global governance system where LDCs will have voice and representation in global decision-making processes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the event, USG and High Representative, Rabab Fatima, congratulated Nepal for assuming the very important role and assured full support and assistance of her office to the LDC group and its coordination bureau. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The press release further shared that ceremony was attended by the outgoing Chair Agnes Chimbiri Molande, Permanent Representative of Malawi, Rabab Fatima, Under-Secretary-General and UN High Representative for the LDC, Landlocked Developing Countries, and Small Island Developing States along with the Ambassadors and delegates from the LDCs. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17214', 'image' => '20230407114938_Neapl.jpg', 'article_date' => '2023-04-07 11:48:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17478', 'article_category_id' => '1', 'title' => 'Strengthening Country's Economy will be his First Priority: FM Mahat ', 'sub_title' => '', 'summary' => 'April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at a meeting with office-bearers of Editors Society of Nepal on Thursday, Minister Mahat shared that the government is engaged in preparation of budget for upcoming fiscal year. </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 main focus of the budget will be strengthening the economy," the state-owned RSS quoted the minister as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FM Mahat also said that government's Common Minimum Programme was drafted in consensus of the ruling alliance parties. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The office-bearers of the Society, congratulated and wished Minister Mahat for his successful term. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to RSS, the society's patron Kiran Vaidya, Chairperson Puru Risal, Senior Vice-Chair Pushpa Raj Pradhan, General-Secretary Shyam Kaji Dotel, among others were present on the occasion. </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17213', 'image' => '20230407110932_Prakash-sharan-Mahat-1.jpg', 'article_date' => '2023-04-07 11:06:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17477', 'article_category_id' => '1', 'title' => 'Ruling Coalition Unveils Government’s Common Minimum Program ', 'sub_title' => '', 'summary' => 'The 10-party ruling coalition has unveiled its common minimum programme(CMP). The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. ', 'content' => '<p><br /> <span style="font-size:20px">April 7: The 10-party ruling coalition has unveiled its common minimum programme(CMP). </span></p> <p><span style="font-size:20px">The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. </span></p> <p><span style="font-size:20px">The CMP includes priorities of the Government outlined in nine different points including protecting the constitution and amending it as necessary, strengthening the federal democratic republic through implementation of federalism, giving equal importance to policy.</span></p> <p><span style="font-size:20px"> The common minimum programme pledges structural and functional reforms to transform and strengthen the country's economy and to put an end to existing class, ethnic, regional and gender-based differences in the society and building a social system based on equality, freedom and justice. </span></p> <p><span style="font-size:20px">The ruling parties have also expressed a collective commitment to complete the remaining work of the comprehensive peace agreement, and other agreements signed following various popular past movements. </span></p> <p><span style="font-size:20px">The CPM states that government will prioritize governance reforms, corruption control and strict measures to ensure quality service delivery. The government will be working for production-oriented economy, improvement of fair supply and distribution system. </span></p> <p><span style="font-size:20px">Likewise, unnecessary expenses and administrative hassles would be wiped out while making public administration competent, reducing the risks caused by global crises such as climate change, biodiversity loss and environmental pollution, and environmental balance shall be maintained. </span></p> <p><span style="font-size:20px">The government will adopt an independent and balanced foreign policy for the protection of national interests and for the prosperity of the people. </span></p> <p><span style="font-size:20px">Prime Minister and Chairperson of CPN (Maoist Center) Pushpa Kamal Dahal 'Prachanda', President of Nepali Congress Sher Bahadur Deuba, Chairperson of CPN (Unified Socialist) Madhav Kumar Nepal, President of Janata Samajwadi Party Upendra Yadav, President of Loktatantrik Samajwadi Party Mahantha Thakur, President of Samajwadi Party Dr Baburam Bhattarai, President of Janamat Party CK Raut, President of Nagarik Unmukti Party Ranjita Shrestha, President of Aam Janata Party Prabhu Sah and President of Rastriya Janamorcha Nepal Chitra Bahadur KC have signed the common minimum programme. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17212', 'image' => '20230407063930_collage (63).jpg', 'article_date' => '2023-04-07 06:37:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><br /> <span style="font-size:20px">April 9: The view tower at Banglachuli Rural Municipality has been a preferred destination for domestic tourists in Dang district lately. </span></p> <p><span style="font-size:20px">The otherwise lesser-known village in Dang came to be known due to the View Tower located 32 kilometers away from Ghorahi, the district headquarters of Dang. </span></p> <p><span style="font-size:20px">Shrijana Oli of Ghorahi Sub-Metropolitan City-15 shared that her heart was filled with joy when she visited Banglachuli. She expressed her concern that locals do not prioritize visiting tourist spots such as Banglachuli in their own countryside. </span></p> <p><span style="font-size:20px">Anita Sharma of Tulasipur Sub-Metropolitan City-17 came to Banglachuli for the first time. She was all praises for the place. "This place is neither too hot nor too cold. The weather is very moderate here. I could soak up view of Dang as well as various enchanting sceneries of neighbouring district in Pyuthan from the View Tower." </span></p> <p><span style="font-size:20px">To attract more tourists, the road leading to Banglachuli needs to be blacktopped, she suggested. The View Tower along with other tourist attractions such as Dance House were built at the cost of Rs 22 million, informed Bhakta Bahadur Oli, former chairperson of Banglachuli municipality. </span></p> <p><span style="font-size:20px">The garden in the View Tower should be further managed well to promote tourism, he viewed. Tulsiram Pun said, "People from cities visit Banglachuli to escape cacophony of the cities and spend some time in the lap of nature," he said. </span></p> <p><span style="font-size:20px">Visitors could soak up view of various mountain ranges such as Kanchenjunga, Dhaulagiri and Machhapuchre among others which also offer a panoramic view of verdant forests and high hills in the district and neighbouring districts. ---RSS</span></p> ', 'published' => true, 'created' => '2023-04-09', 'modified' => '2023-04-09', 'keywords' => '', 'description' => '', 'sortorder' => '17226', 'image' => '20230409060804_collage (64).jpg', 'article_date' => '2023-04-09 06:05:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17490', 'article_category_id' => '1', 'title' => 'SSF Makes Agreement with 44 Hospitals to Cover Contributors' Medical Expenses ', 'sub_title' => '', 'summary' => 'April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The Social Security Fund (SSF) has reached an agreement with 44 hospitals across the country on the matter relating to the coverage of medical expenses spent by its contributors. As per the agreement, the people who are enrolled under the SSF do not have to visit the fund's office to claim the payments after medical treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To get the facility, the contributors should show an identity card provided by the SSF to get the provided discounts on medical expenses. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the agreement, they have to pay only 20 per cent amount of the total expenses spent in course of taking healthcare facilities while the rest expenses will be covered under the SSF. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Joint Spokesperson at the Fund, Rohit Regmi, said the contributors would be free from the hassle of claiming the payments to cover expenses spent in healthcare service under the medicines, healthcare and safe maternity programme, and the accident and disability scheme, later from such hospitals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Under the SSF, the contributors can receive healthcare service from nine hospitals of Koshi and Madhes Provinces each, 20 of Bagmati Province, two of Gandaki province and four of Lumbini Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In other cases, the contributors have to claim the payments for covering medical expenses by submitting necessary documents at the fund's office while availing treatment facility from any other hospitals listed with the fund. -- RSS </span><br /> <br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17225', 'image' => '20230408095009_social-security-fund.jpg', 'article_date' => '2023-04-08 21:49:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17489', 'article_category_id' => '1', 'title' => 'Committee Formed to Study Nepal Airlines Corporation ', 'sub_title' => '', 'summary' => 'April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 8: The government has formed a committee to carry out a study of the structural and managerial aspects of the state-owned Nepal Airlines Corporation (NAC). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A five-member committee has been formed under the chairmanship of former Nepal Rastra Bank Governor Dipendra Bahadur Chhetri. Captain Om Gurung, mediaperson Tikaram Rai, chartered accountant Piyus Anand and Sahara Neupane are members of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee will prepare a report following the study and submit it to the Ministry of Culture, Tourism and Civil Aviation along with recommendations. The NAC carries a debt of nearly Rs 50 billion incurred after buying new planes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NAC currently operates with two wide-body A330 and two narrow-body A320 aircraft for international flights and two Twin-Otter planes for domestic flights. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17224', 'image' => '20230408122820_naccccc.jpg', 'article_date' => '2023-04-08 12:27:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17488', 'article_category_id' => '1', 'title' => 'China pledges to Invest in Mutually Beneficial Areas, Nepal urges for Preferential Treatment ', 'sub_title' => '', 'summary' => 'April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">April 8: China has agreed to encourage Chinese investors to make investment in mutually beneficial areas of Nepal and China. A Chinese delegation led by Sun Weidong, vice minister of the foreign affairs of the People’s Republic of China made such commitment during the 15<sup>th</sup> meeting of the Bilateral Diplomatic Consultation Mechanism between the Foreign Ministries of Nepal and the People’s Republic of China held in Beijing on Friday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">According to a statement issued by the Embassy of Nepal in Beijing, the Nepali delegation was led by Bharat Raj Paudyal, foreign secretary of Nepal.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">During the meeting Foreign Secretary Paudyal proposed for the preferential treatment of Nepal’s primary products such as tea, coffee, herbal products, cooked buffalo meat, and other agricultural products with a view to reduce the widening trade deficit between the two countries.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the statement, the Vice Minister of China admired Nepal’s consistent adherence to One-China Policy and respect for the five principles of peaceful coexistence. Foreign Secretary Paudyal appreciated the Chinese policy of non-interference and respect for Nepal’s sovereignty, territorial integrity and political independence.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:SimSun"><span style="font-family:"Times New Roman","serif"">Both sides took stock of the existing Nepal-China bilateral relations and cooperation and deliberated on the ways to further expanding and consolidating cooperation in various areas, including the exchange of bilateral visits; economic cooperation; promotion of trade, investment and tourism; building connectivity; and strengthening cooperation in the fields of agriculture, education, culture and people-to-people relations, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The meeting also reviewed the progress of different infrastructure development projects under China’s grant assistance as well as Chinese-contracted projects and agreed to expedite the implementation of the projects so as to complete them in time.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Foreign Secretary of Nepal appreciated the Government of China for enlisting Nepal as one of the outbound destination countries for group tourism. The two sides discussed on promoting people to people contacts and cultural cooperation, increasing the number of scholarships to Nepali students and professionals, capacity development of technical experts, among others.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">On the occasion, the two sides reviewed the cooperation between the two countries at the multilateral forums, including in the United Nations, and exchange of mutual support to each other’s candidatures. They also discussed the importance of implementation of the UN Sustainable Development Goals and the usefulness of the GDI to promote SDG agenda.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the meeting, Foreign Secretary Paudyal was accompanied by Bishnu Pukar Shrestha, Ambassador of Nepal to the People’s Republic of China, Lok Bahadur Thapa, Joint Secretary at the Ministry of Foreign Affairs of Nepal and other officials of the Ministry and Embassy of Nepal in Beijing. Likewise, the Chinese delegation comprised senior officials of the Ministry of the Foreign Affairs of the People’s Republic of China.</span></span></span></p> ', 'published' => true, 'created' => '2023-04-08', 'modified' => '2023-04-08', 'keywords' => '', 'description' => '', 'sortorder' => '17223', 'image' => '20230408121750_a99711c2fbe44f8b4db9f10daa82455.jpg', 'article_date' => '2023-04-08 12:14:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17487', 'article_category_id' => '1', 'title' => 'One Held for Hacking Nepalese Army's Cyberspace ', 'sub_title' => '', 'summary' => 'April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The Cyber Bureau of Nepal Police has apprehended one person on charge of hacking the cybersyace of the Nepalese Army. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sagar Dhakal, 21, from Waling Municipality-10 in Syangja and currently residing in Pokhara Metropolis-16 in Kaski is alleged to have accessed the army's cyberspace in an unauthorised manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He had used the internet service of his house owner for hacking the website. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He was arrested from Pokhara and brought to Kathmandu. Dhakal was presented to the Kathmandu District Court on Friday and the bureau has been granted permission to remand him in custody for seven days to further investigate the matter, according to the bureau’s Superintendent of Police, Pashupati Kumar Raya. -- RSS </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17222', 'image' => '20230407105603_nepali-army-logo.jpg', 'article_date' => '2023-04-07 22:55:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17486', 'article_category_id' => '249', 'title' => 'Over 600 Students Apply for NOC Letter Daily', 'sub_title' => '', 'summary' => 'On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.', 'content' => '<p><span style="font-size:20px">April 7: Fascination for abroad studies is hugely increasing among Nepali students lately. The data at the Ministry of Education, Science and Technology (MoEST) speaks volume about it. </span></p> <p><span style="font-size:20px">On average, more than 600 aspirants apply for the No Objection Letter (NOC) required to pursue education in foreign countries.</span></p> <p><span style="font-size:20px">A majority of the students have applied for Australia, Japan, Canada and the USA, according to the ministry’s Department that issues the NOC letter.</span></p> <p><span style="font-size:20px">Out of 609 applications received by the Department last Thursday, 529 were approved and they will be granted the NOC letters today, informed Basudev Wasti, Under-Secretary at the Department.</span></p> <p><span style="font-size:20px">More than 80,000 students have obtained the NOC from July 17 2022 to April 5, 2023. Keeping in mind increasing influx of service-seekers, the Department has launched online services. </span></p> <p><span style="font-size:20px">As per the new system, the information provided by the applicants is verified and NOC letter is issued the next day. </span></p> <p><span style="font-size:20px">The launch of the online service has for NOC letter has decreased the long queue in front of the department and service delivery has become prompt and swift, claimed the department. ---RSS </span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17221', 'image' => '20230407054252_collage - 2023-04-07T172648.664.jpg', 'article_date' => '2023-04-07 17:40:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17485', 'article_category_id' => '1', 'title' => 'Bajaj Celebrates 25 Years of Leadership in Nepal', 'sub_title' => '', 'summary' => 'Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee.', 'content' => '<p><br /> <span style="font-size:20px">April 6: Hansraj Hulaschand & Co. Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles and the largest motorcycle selling company in Nepal, has successfully organized “Bajaj 25 Years of Leadership-Leader’s Meet 2023” to mark its silver jubilee. </span></p> <p><span style="font-size:20px">Since its entry to the Nepali market in 1998, Bajaj has become a household name for the Nepalese people, offering reliable and high-performing vehicles at affordable prices.</span></p> <p><span style="font-size:20px">Hulas Auto Craft, the largest motorcycle assembly plant in Nepal, assembles Bajaj bikes in Nepal. Bajaj has over 800K satisfied and happy customers in Nepal. </span></p> <p><span style="font-size:20px">The largest motorbike brand has taken center stage with its unparalleled innovation and quality by winning hearts and minds of people for the last 25 years. </span></p> <p><span style="font-size:20px">Bajaj has established itself as a trusted brand in Nepal, providing transportation solutions to millions of Nepali people. The brand has always set new benchmarks by rolling out new products.</span></p> <p><span style="font-size:20px">The company's commitment to quality, durability, and innovation has earned loyal customers and they have helped it to become one of the leading two-wheeler manufacturers in Nepal.</span></p> <p><span style="font-size:20px">Speaking on the occasion, Abhimanyu Golchha, Director of Hansraj Hulaschand & Co. Pvt. Ltd., expressed happiness for being able to celebrate 25 years of Bajaj’s leadership in the auto industry. </span></p> <p><span style="font-size:20px">“We have come a long way since our founding. The milestone is an outcome of hard work and dedication put in by employees and trust of dealers and customers,” Golchha added. </span></p> <p><span style="font-size:20px">Bajaj is the most trusted motorcycle brand with the largest service network in Nepal. With great resale value, superior products, easily available spare parts, and customer-friendly services, Bajaj bikes now enjoy the highest position in the market, says the company.</span></p> <p><span style="font-size:20px">Bajaj has launched a New Year campaign 2080- Bajaj 25 Years of Leadership under which customers can enjoy the best deals of 25 % down payment, sure shot cash discount of Rs. 10,000 and 1 kg Silver for 25 individuals in purchasing Bajaj motorcycles from any authorized dealers.</span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17220', 'image' => '20230407050819_collage - 2023-04-07T170434.472.jpg', 'article_date' => '2023-04-07 17:05:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17484', 'article_category_id' => '1', 'title' => 'Auction of Real Estate Property Mortgage almost Doubles in Three Months', 'sub_title' => '', 'summary' => 'April 7: Recession in the real estate business has started to affect not only the big but also the small businesses.', '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 7: Recession in the real estate business has started to affect not only the big but also the small businesses. Due to the recession, businessmen are struggling to pay the principal and interest of the loans taken for business operations on time.</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""> It is evident from the notices issued by the banks and financial institutions that there has been a rise in auctioning of mortgaged properties due to non-payment of loans.</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"">Data from the previous quarter of the current fiscal year shows that auction-related notices of about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2,400</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">column centimeters (cc) on an average were published daily in the review period. In this period, the auction graph has almost doubled. The data of 'Minds Nepal' shows that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction-related information is being published daily.</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"">Due to the recession in the real estate sector, the borrowers are not in a position to sell the land and repay the loan. </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"">Banks and financial institutions, which published auction notices in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">250,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> column centimeters (cc) space of newspapers in three and a half months from mid-September till the end of December last year, have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more notices in the last one and a half months.</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 data of mid-January till the end of March, the information issued by banks and financial institutions for mortgage auctions is more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. </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 Minds Nepal, this is the data of advertisements related to real estate auction published in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> national daily newspapers published from Kathmandu.</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 this data, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices have been published on a daily basis in the review period. If all the </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pages of a national daily newspaper are filled with auction notices, it will be equivalent to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">4,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc. Altogether </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auction notice can be published in a single newspaper of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> pages (without any news) continuously for three months.</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"">Banks and financial institutions, which issued </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc auction notices in the month of Magh (mid-January to mid-February), printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">155</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc in the following month (mid-February to mid-March). The notice published in mid-February to mid-March is almost </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent more than in January.</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"">On April 2 alone, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cc auction notices were published on a single day. The Nepali month of Chaitra (mid-March to mid-April) is also the month to pay the principal and interest installments of the banks. At this time, the mortgage auction notice for those who cannot pay the bank loan is published in the upcoming months.</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"">Currently, the number of auctions has reached between </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> per month. This figure was less than 400 per month in the months of Kartik, Mangsir and Poush (mid-October to mid-January). </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 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> real estate auction notices were published in those three months.</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"">After that, more than a thousand auction notices were published in the month of Magh (mid-January to mid-February) followed by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">notices in Falgun (mid-February to mid-March) and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">600</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> by mid Chaitra (March end).</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 data clearly shows how much the number of auctions has increased rapidly.</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"">Commercial banks have the largest share in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">320</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 cc of auctions published during this period.</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"">Commercial banks have printed </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">00,000 cc notices followed by development banks which have published about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">52</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices while cooperatives have published </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">cc notices. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17219', 'image' => '20230407033424_Real estate.jpg', 'article_date' => '2023-04-07 15:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17483', 'article_category_id' => '1', 'title' => 'As the Indian currency becomes Stronger, US Dollar Weakens', 'sub_title' => '', 'summary' => 'April 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. ', '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 7: Nepal Rastra Bank (NRB) has reduced the reference rate of US dollar on Friday. According to the foreign currency exchange rate set by the central bank for Friday, the buying rate of 1 US dollar is Rs 130.72 and the selling rate is Rs 131.32.</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"">On the previous trading day, the NRB had fixed the exchange rate of 1 US dollar at Rs 130.91 and the selling rate at Rs 131.51.</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"">After the Reserve Bank of India, the central bank of India, announced that it will keep the repo rate as it is, experts say that the value of the US dollar in Nepal has decreased as the Indian currency has strengthened. When the Indian currency becomes stronger, the US dollar tends to weaken in Nepal and the Nepalese currency is pegged with the Indian currency</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 buying rate and selling rate of the dollar set by nine commercial banks are lower than the price set by the central bank on Friday. Among them, NMB Bank has the lowest dollar purchase rate.</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, the buying rate and selling rate of dollar of 11 commercial banks are higher than the value determined by the NRB. The dollar exchange rate set by the banks is lower than on Thursday.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17218', 'image' => '20230407013841_dollarr.jpg', 'article_date' => '2023-04-07 13:38:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17482', 'article_category_id' => '1', 'title' => 'Business in Thamel Slumps to the Lowest in Two Decades: Businessmen', 'sub_title' => '', 'summary' => 'April 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.', '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 7: Although the number of foreign tourists has increased significantly in Thamel, the major tourist hub of Kathmandu, the business has not increased as expected.</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"">Businessmen of Thamel say that despite the highest number of tourists entering Nepal in the month of March after the coronavirus pandemic largely subsided, the business in Thamel was not much significant. </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"">It has been found that more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the tourists who come to Nepal come to Thamel. Punya Ram Lageju, who has been selling trekking goods for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years at Satghumti in Thamel, says that despite the increase in tourists in the Thamel area, the business has not increased. "Compared to before the coronavirus pandemic, there is only </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of business now," he says.</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"">Before the pandemic, Lageju used to trade goods worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60,000</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">a day. He says that now daily business is between Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10,000. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Sharing his business experience of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, Lageju said, "The business is at the lowest point now."</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, Sitaram Regmi, who has been trading clothes in Thamel for a long time, says that the business has declined now compared to the past. He says that although there are a lot of tourists in the streets of Thamel, the business is low. "Sometimes there is no sale at all," says Regmi.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that the business has decreased due to the lack of tourists who spend a lot of money. </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"">Meena Kumari Bastola, the owner of Nepal Handicraft Collection, who has been doing the handicraft business in Thamel for the past </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> years, says that business has decreased drastically in recent times. </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 business is not like before, earlier tourists used to look at the goods coming to the shop. If they liked, they used to buy and take them away. But now, tourists do not enter the shop," says Bastola.</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"">She has been selling and distributing woolen, pashmina, felt and other items. Due to the lack of business in Thamel, businessmen say that they are also facing problems in paying rent to their landlords. </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"">While the businessmen of Thamel area are complaining about the lack of business, hoteliers say that the number of tourists has increased in hotels in Thamel. Bimal Dhamala, who runs the Kathmandu Eco Hotel in Thamel, says that the number of tourists in Thamel has increased recently.</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 Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the hotel I run, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> rooms are filled every day, which is relatively good," he says. Dhamala, who is also the vice-chairman of the Thamel Tourism Development Council, says that the business of the Thamel area has declined because tourists come to stay for a short time. He said that tourists come and stay for one or two nights. </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"">Mahesh Phuyal, general manager of the four-star hotel 'Ramada' in Thamel, says that the rooms of his hotel are now filled up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">90</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent every day. He says that the number of tourists in the hotel has increased due to the fact that it is now the peak season of tourism.</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"">With the increase in the number of tourists in Nepal, excitement has also increased in the aviation sector. Lately, there has been an increase in number of tourists visiting the Everest Base Camp in Solukhumbu as well as Mustang, Dolpa, Humla and other areas by air.</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 Sudarshan Bartaula, spokesman of Yeti Airlines and head of air security, the number of tourists traveling through Tara Air, a sister organization of Yeti Airlines, has increased.</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 number of tourists traveling for mountain flights of Tara Airlines and Yeti Airlines has increased," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, Tara Airlines has been flying up to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights daily to various destinations. The airline operates </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> daily flights from Ramechhap's Manthali Airport to Solukhumbu's Tenzing Hillary Airport in Lukla. Similarly, the same airline has </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> flights from Pokhara to Mustang.</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"">March, April, and May are considered as the tourist season in Nepal. According to the Nepal Tourism Board, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">99,426</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists entered Nepal in the month of March alone. In the month of March, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">454</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from SAARC countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">643</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other Asian countries, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">265</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from Europe and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">958</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> from other countries arrived 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:"Arial","sans-serif"">Similarly, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">707</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from Canada, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">557</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from America and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,375 from the Middle East and other countries have entered Nepal. Maniraj Lamichhane, Director and Information Officer of the Nepal Tourism Board, says that most of the tourists coming in the month of March are from India. According to him, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25,911</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists from India arrived in Nepal in the month of March alone. In the month of March last year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">13</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tourists came from India.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17217', 'image' => '20230407013731_1680850548.329131452_1591616004638934_1778590492350176467_n.jpg', 'article_date' => '2023-04-07 13:36:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17481', 'article_category_id' => '1', 'title' => 'Clear Arrears of the Period before Enforcement of Federalism: NDAC', 'sub_title' => '', 'summary' => 'April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: The National Development Action Committee (NDAC) has directed the Arrears Clearance Committee to clear arrears of the time before the enforcement of federalism within a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 50th meeting of the NDAC held at the Office of the Prime Minister and Council of Ministers on Thursday directed the committee to clear the arrears of district development committees and education offices that were in place before the country adopted federalism. Similarly, the arrears at province and local levels have to be cleared on time, the meeting stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> During the meeting, Vice-Chairman of the National Planning Commission, Dr Min Bahadur Shrestha, presented a 17-point proposal on resolving the problems faced in course of the country’s development. Questions were raised on existing Public Procurement Regulation, 2064 which discourages small construction entrepreneurs from participating in bidding process. Whether the regulation could be amended was also discussed during the meeting. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the public procurement monitoring office has been asked to submit a report on contract ceiling, tender cost, and bidding duration. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Land Management, Cooperatives and Poverty Alleviation has been directed to coordinate with Finance Ministry and Nepal Rastra Bank to regulate the cooperatives for solving the problems surfaced lately in this sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, the Ministry of Federal Affairs and General Administration has been directed to ensure adequate human resources at province and local levels so that service delivery and development works would not be hampered. </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"">Various other issues such as revenue sharing between province and local levels on natural resources, need of formulating laws on it, arrangement of G2G scheme to purchase chemical fertilizer, problems of technical institutes and trainers, handover of technical institutes under CTEVT, amendment of law on permission needed from Division Forest Office to cut trees on construction works were also discussed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, unplanned settlements, acquisition of land for construction works, and industrial estate were raised as pressing issue in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17216', 'image' => '20230407010644_PMO.jpg', 'article_date' => '2023-04-07 13:06:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17480', 'article_category_id' => '1', 'title' => '132 KV Dordi Corridor Transmission Line Resumes Operation', 'sub_title' => '', 'summary' => 'April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 7: The Dordi Corridor 132 KV double circuit transmission line built for the electricity produced from Dordi River and its tributaries has been fully operational.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After completing the reconstruction of the four towers damaged by the flood in the Dordi River in the monsoon of 2022, the transmission line has been fully operational since Thursday. With the transmission line fully operational, the infrastructure is ready to support about 300 megawatts of electricity.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Nepal Electricity Authority (NEA) had been partially operating the transmission line from Udipur in Besisahar Municipality of Lamjung to the Kirtipur substation in Dordi rural municipality since last September.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As it seemed that it would take some time to rebuild the flood-damaged towers, the Dordi Corridor line from Udipur Substation to the Dordi Khola-1 hydropower project built by the private sector and from there to Kirtipur Substation using the Dordi Khola-1 transmission line was brought into operation partially.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Project chief Ramesh Paudel said that with the completion of the reconstruction of the tower and the operation of the transmission line, the electricity of all private sector hydropower projects built on the Dordi river has been connected to the Kirtipur substation and flowed to the national grid through the Dordi Corridor transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Twenty-seven MW Dordi Khola, 25 MW Upper Dordi 'A', 12 MW Dordi Khola-1, and 8.63 MW Chepekhola small hydropower projects are connected to the transmission line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Along with the 54-megawatt Super-Dordi 'B' hydropower, which is in the final stage of construction, the electricity of other projects under construction and to be constructed in that corridor will also be connected to this line.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Dordi Corridor transmission line is built with an estimated cost of Rs 850 million by the government. The length of the transmission line is 10 km. The project itself has constructed a substation of 132 KV, 10 MVA capacity at Kirtipur.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The four towers of the transmission line, which were completed in the year 2077, were swept away by the flood that occurred in the Dordi River in July 2022. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17215', 'image' => '20230407124200_1680767745.Dordi.jpg', 'article_date' => '2023-04-07 12:41:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17479', 'article_category_id' => '1', 'title' => 'Nepal Assumes Chairmanship of LDC Global Coordination Bureau ', 'sub_title' => '', 'summary' => 'April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Nepal has assumed the Chairmanship of the Global Coordination Bureau of the Least Developed Countries (LDC) for three years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A press release issued by the Permanent Mission of Nepal to the United Nations, New York, stated that Nepal assumed the chairmanship in a ceremony organized at the UN Headquarters, New York on April 5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Ambassador and Permanent Representative to the UN, Amrit Bahadur Rai, presided over the handover ceremony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking on the occasion, Ambassador Rai commended Malawi for successfully leading the group amidst the vortex of multiple crises resulting from the pandemic, climate change, and geopolitical tensions to food, energy and financial crisis that had harsh effects on the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared Nepal's commitment to work in the spirit of solidarity with the LDC members, the UN System, and development partners to safeguard and promote the collective interests of the LDCs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the LDC Chair, Ambassador Rai said that the effective implementation of the Doha Programme of Action would remain the top priority. He also underlined the importance of mainstreaming the Doha Programme of Action into all relevant UN processes and outcomes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, Rai expressed Nepal's commitment to work for poverty reduction and sustainable development, securing enhanced international support measures for graduating countries, building resilience to climate change and disasters, climate financing, enhancing trade and investment opportunities, and addressing gender and social inequalities. Similarly, Ambassador Rai emphasized unity and solidarity of the LDC group to secure robust international support including through official development assistance, debt relief, and technology transfer. He also stressed the need for democratic global governance system where LDCs will have voice and representation in global decision-making processes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the event, USG and High Representative, Rabab Fatima, congratulated Nepal for assuming the very important role and assured full support and assistance of her office to the LDC group and its coordination bureau. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The press release further shared that ceremony was attended by the outgoing Chair Agnes Chimbiri Molande, Permanent Representative of Malawi, Rabab Fatima, Under-Secretary-General and UN High Representative for the LDC, Landlocked Developing Countries, and Small Island Developing States along with the Ambassadors and delegates from the LDCs. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17214', 'image' => '20230407114938_Neapl.jpg', 'article_date' => '2023-04-07 11:48:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17478', 'article_category_id' => '1', 'title' => 'Strengthening Country's Economy will be his First Priority: FM Mahat ', 'sub_title' => '', 'summary' => 'April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 7: Finance Minister Dr Prakash Sharan Mahat has said that strengthening the country's economy would be his first priority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at a meeting with office-bearers of Editors Society of Nepal on Thursday, Minister Mahat shared that the government is engaged in preparation of budget for upcoming fiscal year. </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 main focus of the budget will be strengthening the economy," the state-owned RSS quoted the minister as saying. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FM Mahat also said that government's Common Minimum Programme was drafted in consensus of the ruling alliance parties. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The office-bearers of the Society, congratulated and wished Minister Mahat for his successful term. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to RSS, the society's patron Kiran Vaidya, Chairperson Puru Risal, Senior Vice-Chair Pushpa Raj Pradhan, General-Secretary Shyam Kaji Dotel, among others were present on the occasion. </span></span></span></p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17213', 'image' => '20230407110932_Prakash-sharan-Mahat-1.jpg', 'article_date' => '2023-04-07 11:06:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17477', 'article_category_id' => '1', 'title' => 'Ruling Coalition Unveils Government’s Common Minimum Program ', 'sub_title' => '', 'summary' => 'The 10-party ruling coalition has unveiled its common minimum programme(CMP). The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. ', 'content' => '<p><br /> <span style="font-size:20px">April 7: The 10-party ruling coalition has unveiled its common minimum programme(CMP). </span></p> <p><span style="font-size:20px">The CMP was made public at the Office of the Prime Minister and the Council of Ministers with priority to good governance and economic development in the presence of top leaders of the coalition parties including Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal 'Prachanda' on Thursday. </span></p> <p><span style="font-size:20px">The CMP includes priorities of the Government outlined in nine different points including protecting the constitution and amending it as necessary, strengthening the federal democratic republic through implementation of federalism, giving equal importance to policy.</span></p> <p><span style="font-size:20px"> The common minimum programme pledges structural and functional reforms to transform and strengthen the country's economy and to put an end to existing class, ethnic, regional and gender-based differences in the society and building a social system based on equality, freedom and justice. </span></p> <p><span style="font-size:20px">The ruling parties have also expressed a collective commitment to complete the remaining work of the comprehensive peace agreement, and other agreements signed following various popular past movements. </span></p> <p><span style="font-size:20px">The CPM states that government will prioritize governance reforms, corruption control and strict measures to ensure quality service delivery. The government will be working for production-oriented economy, improvement of fair supply and distribution system. </span></p> <p><span style="font-size:20px">Likewise, unnecessary expenses and administrative hassles would be wiped out while making public administration competent, reducing the risks caused by global crises such as climate change, biodiversity loss and environmental pollution, and environmental balance shall be maintained. </span></p> <p><span style="font-size:20px">The government will adopt an independent and balanced foreign policy for the protection of national interests and for the prosperity of the people. </span></p> <p><span style="font-size:20px">Prime Minister and Chairperson of CPN (Maoist Center) Pushpa Kamal Dahal 'Prachanda', President of Nepali Congress Sher Bahadur Deuba, Chairperson of CPN (Unified Socialist) Madhav Kumar Nepal, President of Janata Samajwadi Party Upendra Yadav, President of Loktatantrik Samajwadi Party Mahantha Thakur, President of Samajwadi Party Dr Baburam Bhattarai, President of Janamat Party CK Raut, President of Nagarik Unmukti Party Ranjita Shrestha, President of Aam Janata Party Prabhu Sah and President of Rastriya Janamorcha Nepal Chitra Bahadur KC have signed the common minimum programme. </span><br /> </p> ', 'published' => true, 'created' => '2023-04-07', 'modified' => '2023-04-07', 'keywords' => '', 'description' => '', 'sortorder' => '17212', 'image' => '20230407063930_collage (63).jpg', 'article_date' => '2023-04-07 06:37:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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
