September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and…
September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and…
September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry.…
September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive…
September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy…
September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday.…
September 23: Ncell customers can now call India at affordable…
September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum…
September 23: The government has approved two work procedures related to the Social Security Fund.…
September 23: The volume of electronic transaction has been increasing in the…
September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra…
September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market.…
September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on…
September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance…
September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second…
September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16065', 'article_category_id' => '1', 'title' => 'FMTCL Vows Adequate Supply of Foodstuffs in Remote Areas during Dashain ', 'sub_title' => '', 'summary' => 'September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepalis - Dashain, Tihar and Chhath- are just around the corner. They, together, last for about a month. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Executive Director of FMTCL Mohan Prakash Chand said food grains would be supplied as per the quota determined on the basis of population density and need while remaining within the budget limit set by the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said there might have been incidences of crowding at some FMTCL depots as people are on a buying spree to take advantage of the discount offered on food items on the occasion of the festivals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The company requests all the consumers to extend cooperation by buying only the required food grains and daily essentials and not for hoarding purpose," Chand said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that arrangements have been made for providing discount during big festivals like Dashain, Tihar and Chhath, the FMTCL executive director said sales depots have been set up at various places with the objective of smooth supply of food grains and commodities in remote areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL is selling and supplying quality food grains and commodities as rice, lentils, cooking oil, salt, sugar and beans, among others at discount from 45 outlets in 41 districts across the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The state-owned company is effortful towards making the essentials and foodstuffs available to the consumers at concessional rate and in easy manner in several remote districts. It has informed that works have been started for transporting the food grains and essentials to the remote districts through tender process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chand said that the supplies would be ferried by helicopter at several other places in remote districts where tenders for the supply of food grains have not been received. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL has been supplying commodities at the people's doorstep in few urban areas like the Kathmandu Valley through online order citing high demand of supplies at the fair price shops the company is operating. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15806', 'image' => '20220925121131_ricee.jpg', 'article_date' => '2022-09-25 12:10:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16064', 'article_category_id' => '1', 'title' => 'Cabinet Approves Decision to Observe Visit Nepal Decade ', 'sub_title' => '', 'summary' => 'September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. Secretary at the Ministry of Culture, Tourism and Civil Aviation, Suresh Adhikari confirmed that a decision has been taken to celebrate the Visit Nepal Decade to revive the tourism sector which has been badly affected by the Covid-19 pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the Nepal Hospitality Conclave-2022 hosted by the Hotel Association Nepal (HAN) on Saturday, Tourism Secretary Adhikari said that a meeting of the Council of Ministers on Friday decided to celebrate the decade from 2023 to 2033 as the Visit Nepal Decade. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the government had declared 2020 as the Visit Nepal Year and set the target of bringing in two million tourists into the country in that particular year. However, the Visit Nepal Year campaign had to be suspended due to the pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The country's tourism sector has gradually started to pick up momentum after the Covid-19 pandemic subsided. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has announced the Visit Nepal Decade with the aim of speedy revival of the tourism sector. Its objective is to increase the arrival of foreign tourists. The government plans to promote tourism by observing the Visit Nepal Decade through coordination and collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has already made public its tourism revival action plan. The government has decided to celebrate the Visit Nepal Decade but the programmes to be carried out during the decade has not been revealed yet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of foreign tourists was around 1.2 million in 2018 and 2019 before the outbreak of COVID-19. Nepal Tourism Board's data shows that 230,085 foreign tourists had arrived in Nepal in 2021. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15805', 'image' => '20220925110304_Tourist.jpg', 'article_date' => '2022-09-25 11:02:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16063', 'article_category_id' => '1', 'title' => 'Time Card System during Festivals to Prevent Road Accidents', 'sub_title' => '', 'summary' => 'September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepal - Dashain, Tihar and Chhath- are just around the corner. The festival of Dashain begins from Monday. All these festivals last for about a month. </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"">On Saturday, the government had formed a six-member committee under the coordination of Home Ministry’s Spokesperson Phanindra Mani Pokhrel for smooth management of transportation service and prevention of road accidents during the festivals. The committee meeting took a decision to introduce the time card system. According to government officials, the time card system is also being enforced with a view to discourage the tendency of driving at high speed to reach the destination faster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee has made 14 decisions including implementing the time card by identifying places on the highway in coordination with Nepal Police, the Department of Transport Management and the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting has decided to strictly prohibit travelling on roof tops of buses or vehicles or by hanging. The committee will also carry out monitoring as needed for preventing drink driving. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of the committee, every public transportation vehicle will have to keep a first aid kit, stickers with necessary information as police hotline contact number, and necessary arrangement for sanitizing the vehicle. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the committee has also decided to circulate the phone number among passengers to complain in case the driver drives the vehicle in an unusual manner. The police force has been ordered to mobilize its units immediately after getting such complaint. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the information shared by the Ministry of Home Affairs, the Department of Transport Management will make arrangements for conducting mechanical check at the main places in the Kathmandu Valley on vehicles operating on medium and long routes beginning from September 25. This would be conducted in coordination of the authorized seller, the Traffic Police and the transport entrepreneurs. -- RSS </span></span></span><br /> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15804', 'image' => '20220925101425_long route.jpg', 'article_date' => '2022-09-25 10:13:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16062', 'article_category_id' => '1', 'title' => 'USAID Launches Leadership Program for Inclusion of Women in Nepal’s Energy Sector', 'sub_title' => '', 'summary' => 'September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector. This program will complement Nepal's efforts to increase the participation of women in traditionally male-dominated professions, particularly in the electricity sector where they remain poorly represented in leadership positions, reads a statement issued by Urja Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the statement, the United States Agency for International Development (USAID) and Government of Nepal co-designed this program to provide insights into the challenges women are facing every day. This understanding will identify the needed training and capacity building to close current technical gaps and improve leadership skills, added the statement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“During the nine-month program, the sessions will provide technical training in subjects relevant to Nepal’s energy sector, as well as leadership courses that focus on highlighting leadership skills and career advancement.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Interacting with the participants, Energy Minister Pampha Bhusal reportedly said the programme is in line with the Government of Nepal’s strong emphasis to increase involvement of women and minorities in decision making roles in every sector.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “I understand that women and minorities are underrepresented in Nepal’s energy sector and believe that the program launched by USAID Urja Nepal will be a stepping stone to make this sector inclusive,” the statement quoted Bhusal as saying.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">USAID/Nepal Mission Director Sepideh Keyvanshad summed up the launch stating, “We are celebrating another milestone in how we are partnering with the Government of Nepal to move the energy sector forward here in Nepal by specifically targeting the future women energy sector leaders and helping them take their place in this dynamic sector.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">This leadership program continues USAID’s long history of partnering with the Government of Nepal to include everyone’s voice in decision making and promote inclusion that improves the lives of all Nepalis, added Urja Nepal.</span></span></p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15803', 'image' => '20220923064224_307662105_616732093515098_1892905841692856556_n.jpg', 'article_date' => '2022-09-23 18:41:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16061', 'article_category_id' => '1', 'title' => 'Yeti Airline Turns 25', 'sub_title' => '', 'summary' => 'September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. Yeti, which started its service with two Twin Otter aircraft, has served more than 1 million passengers in a single year with five aircraft last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The private airline company of Nepal recently added one aircraft to its fleet and now has six aircraft. The company plans to add another aircraft this year. The company’s spokesperson Sudarshan Bartaula informed that the company plans to improve the quality of service rather than adding destinations and aircraft.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In just one year, Yeti flew 15,925 times and served 1.5 million passengers. According to the company, there were 27,663 foreigners among the passengers. During this period, 154,287 kg of cargo and couriers were also transported by the company. Yeti, which received permit for commercial flights from the then aviation department in May 1998, started its service on September 21 that year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During all these years of operation, Yeti has provided its services through over 40 aircraft including DHC-6 300 Twin Otter, Dornier 220, Y-12, EMB-110, EMB-120, Saab-340B, Pilatus Porter PC-6, Jetstream J-41, DHC-6-400 Twin Otter and ATR-72-500. Currently, the company owns six aircraft of ATR series, some of which are operated by its sister company Tara Air.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company, which employs 730 people, claims that it has produced a lot of manpower for air services in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “In this 24-year journey, the joint contribution of diligent and honest employees and investors and the founding managing director, Ang Chiring Sherpa's guidance is unforgettable,” said Bartaula. Yeti is currently operating flights to Bhadrapur, Bhairahawa, Biratnagar, Janakpur, Jomsom, Lukla, Nepalgunj, Pokhara, Phaplu, Simra and Ilam, making Tribhuvan International Airport (Kathmandu) its base. The company has also been operating travel packages to important tourist destinations.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15802', 'image' => '20220923063252_20220906012348_1662440771.jpg', 'article_date' => '2022-09-23 18:32:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16060', 'article_category_id' => '266', 'title' => 'Ncell Launches India Voice Pack', 'sub_title' => '', 'summary' => 'September 23: Ncell customers can now call India at affordable rates.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Ncell customers can now call India at affordable rates. Mobile service provider company Ncell Axiata has introduced three new voice packs on the occasion of the upcoming festivals. The company said that the plan will come into effect from Friday, September 23.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, all prepaid and postpaid customers of Ncell can use the voice pack. Customers can choose a pack with a duration of 1 day, 7 days or 28 days as per their requirement to make calls to India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the 1-day voice pack, customers will get 15 minutes of talk time for Rs 55 including taxes. Similarly, under the 7-day voice pack, customers will get 70 minutes of talk time for Rs 249. Customers who want more time according to their needs can get a voice pack with 215 minutes of talk time at Rs 749.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that the customer can dial '*17118*74#' and enable the voice pack according to their needs as per the instructions received. Similarly, the voice packs can be activated from the Ncell app, Ncell website and Ncell's official retailer as well.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15801', 'image' => '20220923062507_Untitled.jpg', 'article_date' => '2022-09-23 18:24:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16059', 'article_category_id' => '1', 'title' => 'Government Conducting Study to Stop the Import of Petroleum Vehicles ', 'sub_title' => '', 'summary' => 'September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products. The Ministry of Finance has formed a committee under the coordination of the revenue secretary to determine the time required to stop the import of vehicles that run on fossil fuel. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The committee will recommend the government when to stop the import of petroleum-backed vehicles in Nepal to encourage the use of electric vehicles. Such a decision was taken due to the sudden increase in the fuel prices. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Speaking at the opening ceremony of NADA EV Expo 2022, which kicked off at Bhrikutimandap in Kathmandu on Thursday, Finance Minister Janardan Sharma said that the study is being conducted with the aim of setting a timeframe to stop the import of petroleum vehicles in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">He said that the government plans to ban the import of petroleum vehicles after holding discussion with all stakeholders. This year’s NADA Auto exhibition is also completely focused on electric vehicles. NADA organized an auto expo focusing on electric vehicles after the government banned the import of vehicles that run of petroleum products. The finance minister said that there is no scarcity of electricity in Nepal and therefor automobile dealers should focus on the import and sale of electric vehicles in the future. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Vehicles that run on petroleum products is extensively used in Nepal. As a result, Nepal imports petroleum products worth Rs 300 billion annually. Therefore, we have to think of alternative measures,” said Minister Sharma. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Electric vehicles with prices ranging from Rs 3.1 million to Rs 25 million have been displayed in the exhibition. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Anup Baral, co-ordinator of Nepal NADA EV Expo 2022 said that it is estimated that about 40,000 people will visit the ongoing exhibition. In the exhibition, there are 50 stalls of various companies. This is the first time that there has been an exhibition of only electric vehicles in Nepal. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15800', 'image' => '20220923052229_nada.jpg', 'article_date' => '2022-09-23 17:21:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16058', 'article_category_id' => '1', 'title' => 'SSF to Provide One Million Rupees to Contributors for Treatment of Fatal Diseases', 'sub_title' => '', 'summary' => 'September 23: The government has approved two work procedures related to the Social Security Fund. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: The government has approved two work procedures related to the Social Security Fund. The Ministry of Ministry of Labor, Employment and Social Security on Thursday approved the Social Security Scheme Operation Procedure, 2075 (Third Amendment) and Contributors’ Children Scholarship Operation Procedure, 2079, according to the officials of the SSF.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Social Security Scheme Operation Procedure, 2075 will be implemented on the 91st day from the date of the approval of the third amendment. Under this scheme, the SSF will provide up to Rs 1 million for the treatment of 10 fatal diseases to the contributors. The fund will provide the contributors with expenses for the treatment of coronary artery bypass or open heart surgery, stroke, kidney disease, cancer, Parkinson's disease, Alzheimer's disease, spinal injury, head injury, sickle cell anemia and hemophilia or thalassemia.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Contributors who have contributed to the fund for two consecutive years will receive treatment expenses of up to Rs 1 million for the treatment of those diseases throughout the service period. The terminal illness treatment facility will remain in effect for two years after any contributor ceases to contribute to the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Bivek Panthi, the spokesperson of SSF, special arrangements have been made so that the contributors who receive pension under the old age security scheme of the fund can use the facilities related to terminal diseases for seven years after retirement.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF informed that arrangements have been made to provide such medication facilities to the husband or wife of the contributor as well. During the three years of operation of the contribution-based social security program, the SSF has been continuously improving various schemes while paying attention to the interests of the contributors.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, the Contributors ‘Children Scholarship Operating Procedure, 2079 has arrangement for awarding scholarships to a total of 84 children of contributors in the fields of medical science, engineering, nursing, forestry, agricultural science and hotel and travel management every year. Twelve people from each province will receive the scholarship every year. The Contributors Children Scholarship Program will be implemented from the next academic session. A maximum of scholarship of Rs 500,000 per student will be provided to the eligible candidates.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF expressed its commitment to continue such programs in the future as well. So far, 17,417 employers and 364,741 contributors have been listed in the fund. The fund has collected Rs 23.40 billion from the contributors. Likewise, the fund has paid Rs 2.26 billion in claims.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15799', 'image' => '20220923010128_SSF (1).jpg', 'article_date' => '2022-09-23 13:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16057', 'article_category_id' => '1', 'title' => 'Electronic Transaction Increasing in Nepal', 'sub_title' => '', 'summary' => 'September 23: The volume of electronic transaction has been increasing in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 23: The volume of electronic transaction has been increasing in the country. This is mainly due to growing attraction of the public towards cashless transaction and service expansion of the banks. Of late, the total volume of electronic transactions in Nepal stands over Rs 5600 billion per month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Nepal Rastra Bank’s data, the number of people using electronic means of transaction is growing along with the volume of transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the latest data of the central bank, electronic transactions worth Rs 5688.82 billion took place in the first month (mid-July to mid-August) of the current fiscal year. The amount is 57 percent more than the volume of transaction in the corresponding period of last fiscal year when electronic transactions worth Rs 3612.8 billion took place. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the volume of electronic transaction in the review month (mid-July to mid-August) was a little less than that a month ago (mid-June to mid-July) when the total transactions through electronic medium stood at Rs 6227.64 billion. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It is said that the volume of electronic transactions increased in mid-June to mid-July as the companies were under pressure to close their accounts at the end of the last fiscal year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Executive Director of the Payments System Department of Nepal Rastra Bank Guru Prasad Poudel says that the volume of electronic transaction has increased in recent days due to the policy adopted by the central bank as well as the growing attraction among the public towards cashless transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He said that the volume of electronic transactions increased significantly after the onset of Covid-19 pandemic.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Poudel, the volume of electronic transactions prior to the pandemic stood at around Rs 1200 billion to Rs 1300 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank informed that besides banks and financial institutions, various other payments service providers offer electronic transaction in Nepal.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15798', 'image' => '20220923114057_20210926011503_20200918073634_digita.jpg', 'article_date' => '2022-09-23 11:39:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16056', 'article_category_id' => '1', 'title' => 'Entrepreneurs Protest against Working Capital Loan Guidelines issued by NRB', 'sub_title' => '', 'summary' => 'September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Representatives of 16 district and municipal units of the Madhes chapter of the Federation of Nepalese Chamber of Commerce and Industry initiated the protest in Birgung from Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The participants of the protest rally, who appeared with black arm bands and placards, also sent a memo to NRB Governor Maha Prasad Adhikari.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The industrialists argued that the guidelines, which will come into effect from October 18, will result in the closure of industries if it is implemented as it is.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking in an interaction ahead of the protest rally, FNCCI Vice President Dinesh Shrestha said that the businessmen have chosen the path of protest during the festive season due to the impractical policy of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Shrestha said that the central bank disregarded the suggestions given by the private sector before formulating the guidelines. He accused the banks of creating financial terror by increasing the interest rate to 15 percent.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">He argued that the interest on loans can be brought down to a single digit if it is to be increased on the basis of inflation.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to Shrestha, the new policy benefits those who collect interest while the business community is at the receiving end.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“If this is the only way forward, I urge the government to take over all the business by compensating us and we shall enjoy interest from the money instead of getting involved in entrepreneurship,” said Shrestha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The memo sent to the governor through the regional office of NRB states that the business sector is apprehensive and confused due to the provisions introduced by the central bank at a time when economy was struggling to return on track in the aftermath of the Covid-19 pandemic and the global economic crisis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 percent in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This provision, according to the private sector stakeholders, is impractical.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to the president of Madhes chapter of FNCCI Gamesh Prasad Lath, the central bank should provide at least 50 percent loan as working capital taking into consideration the issues such as the annual transaction of the company as well as the dues they are yet to collect from the market and their stock.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">On the other hand, Nepal Rastra Bank’s Governor Maha Prasad Adhikari has defended the central bank’s move to amend the Working Capital Loan Guidelines arguing that the new guidelines were introduced to control “over financing.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Adhikari argued that the new provisions were introduced because the businessmen were using loans provided to meet their day-to-day expenses were spent on other purposes.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15797', 'image' => '20220923102650_Working-Capital-Loan.jpg', 'article_date' => '2022-09-23 10:26:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16055', 'article_category_id' => '237', 'title' => 'Samsung Launches Galaxy A04S in Nepal', 'sub_title' => '', 'summary' => 'September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. The company claims that this mobile will provide the best experience to the users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said in a statement that this smartphone with a triple rear camera has a 10 MP main camera, a 2 MP refined macro camera and a 2 MP depth camera. Along with a 5 MP selfie camera, this phone has a 6.5 HD AMOLED display with a 90 Hz refresh rate. In addition, it has a battery of 5000 mAh capacity that lasts for two days with a single charge.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, this smartphone is available in three attractive colors - black, copper and green. The price of the mobile set with 4 GB RAM and 128 GB ROM is Rs 21,999 and the price of the mobile set with 4 GB RAM and 64 GB ROM is Rs 19,999.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15796', 'image' => '20220922053802_1663802720.jpg', 'article_date' => '2022-09-22 17:36:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16054', 'article_category_id' => '1', 'title' => 'Department of Cooperatives Under Pressure to Increase Reference Rate', 'sub_title' => '', 'summary' => 'September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans. The cooperatives have been demanding an increase in reference rate ever since the banks and financial institutions increased the interest rates from September 17. However, the officials of the Department of Cooperatives, the regulatory body of the cooperatives, say that the Minister for Cooperatives is against the idea of increasing the interest rates. The officials also argue that the existing laws do not allow them to increase the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Speaking at a programme organized by Cooperative Journalists Society of Nepal, the operators of cooperatives warned that they will not abide by the gentlemen’s agreement if the concerned body does not review the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">In response, the government authorities warned that they will take action against the cooperatives if they charge interest rate higher that the ones fixed by the department. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Senior Vice President of the Federation of National Cooperatives Om Devi Malla said that the cooperatives have already started charging higher interest rates on loans than the prescribed limit to cope with the market pressure.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The cooperatives are charging interest at their own will,” said Malla, adding, “The federation will not take any action against them. Let the department take appropriate action.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Malla accused the department of ignoring their repeated calls to hold a meeting to discuss about reviewing the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“While fixing the interest rate last time, all sides had agreed to hold a meeting every four months. However, there hasn’t been any meeting in the last six months,” said Malla.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">There is a provision in Cooperatives Act to fix the interest rate by a meeting chaired by the registrar of the Department of Cooperatives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The meeting must be attended by five members of the government and four from the Federation of National Cooperatives and the Cooperatives Campaign.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The last such meeting had fixed the reference rate at 16 percent on February 25. However, the cooperatives have demanded an increase in reference rate after the BFIs increased the interest rates on September 17 arguing that the deposits of cooperatives have started flowing towards the banks.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15795', 'image' => '20220922053208_Cooperative dept.jpg', 'article_date' => '2022-09-22 17:31:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16053', 'article_category_id' => '1', 'title' => 'Supreme Court Seeks Clarification from Government for Issuing Micro Insurance License', 'sub_title' => '', 'summary' => 'September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Responding to a petition filed by advocate Deepak Baral accusing the government of issuing such license illegally, a single bench of justice Tanka Bahadur Moktan on Wednesday ordered the Ministry of Finance, Parliament Secretariat, Ministry of Law and Insurance Board to appear before the court with written statements within 15 days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Baral had filed a petition claiming that the Insurance Board was distributing micro-insurance licenses illegally. The court has called both parties next Sunday to discuss whether or not to stop issue such license.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A writ petition was registered at the Supreme Court on September 18 demanding the court to revoke the licensing process, stating that the Insurance Board Act does not have provisions for granting licenses to small insurance companies. On August 26, the board had opened an applications to issue micro insurance license. The board had given a deadline of 35 days to submit the application. The 35-day deadline ends on September 29.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15794', 'image' => '20220922045627_Supreme Court.jpg', 'article_date' => '2022-09-22 16:55:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16052', 'article_category_id' => '1', 'title' => 'President Draws Flak for Delay in Authenticating Citizenship Bill', 'sub_title' => '', 'summary' => 'September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President Bhandari has courted controversy for not authenticating the bill within the timeline set by the constitution. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Nanda Bahadur Pun as well as the ruling coalition parties have heavily criticized the move of the president. On the other hand, the main opposition party CPN-UML has remained silent indicating its support to the president's controversial move.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Pun remarked that those who are responsible for the protection of the constitution are not allowed to take any action by stepping outside the jurisdiction of the constitution. A statement issued by Vice President Pun on Wednesday reads, “The events developed in the last few days have led to widespread discontent among the people who have voiced concerns that the constitution has not been followed and protected by the main guardians and patrons of the constitution. Those who are responsible for the protection of the constitution are not allowed to go beyond the scope of the constitution.” Recalling the commitment made on the Constitution Day, he urged all parties to follow and protect the constitution.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On Wednesday, a meeting of the ruling coalition labeled the president’s move as unconstitutional and announced for protest programmes. A statement issued after the meeting states that the coalition partners have concluded that the president has failed to follow and protect the constitution by violating the constitutional provision that requires the president to authenticate a bill within 15 days after it is passed by the House of Representatives and the National Assembly for the second time and then submitted to the president. They believe that the president's 'unconstitutional move’ has utterly insulted and undermined the Federal Parliament elected by the people.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The statement also mentions that the children of Nepali parents who have obtained citizenship have been deprived of their constitutional right to obtain citizenship, as well as the basic values of sovereignty, constitutional supremacy and democratic governance guaranteed by the constitution written by the Constituent Assembly due to the president's decision.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Prime Minister Sher Bahadur Deuba discussed the steps taken by the president and the steps to be taken in the coming days with lawyers on Wednesday. According to the sources, the law professional suggested that the government can seek legal remedies against the president's move as unconstitutional. Dikssatisfied with the president's move, the ruling parties are preparing to move the Supreme Court but have not been able to reach a decision.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15793', 'image' => '20220922024909_1663800413.Clipboard13.jpg', 'article_date' => '2022-09-22 14:48:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16051', 'article_category_id' => '1', 'title' => 'Department of Commerce Intensifies Market Monitoring', 'sub_title' => '', 'summary' => 'September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Apart from regular monitoring, the department has formed 11 different committees for the monitoring with special focus on the upcoming festivals. According to the spokesperson of the department, Hari Pangeni the market monitoring will focus on the festivals. He informed that a team of experts from various fields has also been formed for effective market monitoring. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The team of experts will monitor the food market. Pangeni said that separate teams have been deployed to monitor weighing machines along with vegetables, fruits and clothes markets. According to Spokesperson Pangeni, a meeting of various departments and stakeholders on September 16 had decided to intensify market monitoring for the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson Pangeni said that action will be taken against any shop found to be in poor hygienic condition. As the festival approaches, monitoring has been intensified at the district level. At the district level, monitoring has been entrusted under the leadership of the assistant chief district officer. All 753 local units have equal responsibility to monitor the market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson of the department added that the authority of monitoring has been delegated to the local level. He said that the administrative officer of the local body and head of the police units have been delegated the authority to monitor the market and take action. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Currently, monitoring has been intensified across the country, there have been reports of effective monitoring from some districts,” he said. The department has said it is also monitoring the ticket fares in collaboration with the traffic police and transport entrepreneurs as there is the possibility of duping passengers during the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pangeni further said that they have received complaints of stale and rotten food being served in hotels and high prices are being charged. He informed that a team of food experts has started monitoring in cooperation with the local police and administration so that the travelers are not cheated during the festival. Samples of food and other items obtained from monitoring will be tested in the lab of the Department of Food Technology and Quality Control. Pangeni said that the office has set up testing facilities in 12 different locations. Similarly, the Department of Agriculture has also kept its labs ready for testing at any time. </span></span></span></p> <p><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15792', 'image' => '20220922115304_market monitoring.jpg', 'article_date' => '2022-09-22 11:52:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16065', 'article_category_id' => '1', 'title' => 'FMTCL Vows Adequate Supply of Foodstuffs in Remote Areas during Dashain ', 'sub_title' => '', 'summary' => 'September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepalis - Dashain, Tihar and Chhath- are just around the corner. They, together, last for about a month. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Executive Director of FMTCL Mohan Prakash Chand said food grains would be supplied as per the quota determined on the basis of population density and need while remaining within the budget limit set by the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said there might have been incidences of crowding at some FMTCL depots as people are on a buying spree to take advantage of the discount offered on food items on the occasion of the festivals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The company requests all the consumers to extend cooperation by buying only the required food grains and daily essentials and not for hoarding purpose," Chand said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that arrangements have been made for providing discount during big festivals like Dashain, Tihar and Chhath, the FMTCL executive director said sales depots have been set up at various places with the objective of smooth supply of food grains and commodities in remote areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL is selling and supplying quality food grains and commodities as rice, lentils, cooking oil, salt, sugar and beans, among others at discount from 45 outlets in 41 districts across the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The state-owned company is effortful towards making the essentials and foodstuffs available to the consumers at concessional rate and in easy manner in several remote districts. It has informed that works have been started for transporting the food grains and essentials to the remote districts through tender process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chand said that the supplies would be ferried by helicopter at several other places in remote districts where tenders for the supply of food grains have not been received. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL has been supplying commodities at the people's doorstep in few urban areas like the Kathmandu Valley through online order citing high demand of supplies at the fair price shops the company is operating. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15806', 'image' => '20220925121131_ricee.jpg', 'article_date' => '2022-09-25 12:10:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16064', 'article_category_id' => '1', 'title' => 'Cabinet Approves Decision to Observe Visit Nepal Decade ', 'sub_title' => '', 'summary' => 'September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. Secretary at the Ministry of Culture, Tourism and Civil Aviation, Suresh Adhikari confirmed that a decision has been taken to celebrate the Visit Nepal Decade to revive the tourism sector which has been badly affected by the Covid-19 pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the Nepal Hospitality Conclave-2022 hosted by the Hotel Association Nepal (HAN) on Saturday, Tourism Secretary Adhikari said that a meeting of the Council of Ministers on Friday decided to celebrate the decade from 2023 to 2033 as the Visit Nepal Decade. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the government had declared 2020 as the Visit Nepal Year and set the target of bringing in two million tourists into the country in that particular year. However, the Visit Nepal Year campaign had to be suspended due to the pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The country's tourism sector has gradually started to pick up momentum after the Covid-19 pandemic subsided. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has announced the Visit Nepal Decade with the aim of speedy revival of the tourism sector. Its objective is to increase the arrival of foreign tourists. The government plans to promote tourism by observing the Visit Nepal Decade through coordination and collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has already made public its tourism revival action plan. The government has decided to celebrate the Visit Nepal Decade but the programmes to be carried out during the decade has not been revealed yet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of foreign tourists was around 1.2 million in 2018 and 2019 before the outbreak of COVID-19. Nepal Tourism Board's data shows that 230,085 foreign tourists had arrived in Nepal in 2021. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15805', 'image' => '20220925110304_Tourist.jpg', 'article_date' => '2022-09-25 11:02:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16063', 'article_category_id' => '1', 'title' => 'Time Card System during Festivals to Prevent Road Accidents', 'sub_title' => '', 'summary' => 'September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepal - Dashain, Tihar and Chhath- are just around the corner. The festival of Dashain begins from Monday. All these festivals last for about a month. </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"">On Saturday, the government had formed a six-member committee under the coordination of Home Ministry’s Spokesperson Phanindra Mani Pokhrel for smooth management of transportation service and prevention of road accidents during the festivals. The committee meeting took a decision to introduce the time card system. According to government officials, the time card system is also being enforced with a view to discourage the tendency of driving at high speed to reach the destination faster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee has made 14 decisions including implementing the time card by identifying places on the highway in coordination with Nepal Police, the Department of Transport Management and the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting has decided to strictly prohibit travelling on roof tops of buses or vehicles or by hanging. The committee will also carry out monitoring as needed for preventing drink driving. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of the committee, every public transportation vehicle will have to keep a first aid kit, stickers with necessary information as police hotline contact number, and necessary arrangement for sanitizing the vehicle. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the committee has also decided to circulate the phone number among passengers to complain in case the driver drives the vehicle in an unusual manner. The police force has been ordered to mobilize its units immediately after getting such complaint. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the information shared by the Ministry of Home Affairs, the Department of Transport Management will make arrangements for conducting mechanical check at the main places in the Kathmandu Valley on vehicles operating on medium and long routes beginning from September 25. This would be conducted in coordination of the authorized seller, the Traffic Police and the transport entrepreneurs. -- RSS </span></span></span><br /> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15804', 'image' => '20220925101425_long route.jpg', 'article_date' => '2022-09-25 10:13:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16062', 'article_category_id' => '1', 'title' => 'USAID Launches Leadership Program for Inclusion of Women in Nepal’s Energy Sector', 'sub_title' => '', 'summary' => 'September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector. This program will complement Nepal's efforts to increase the participation of women in traditionally male-dominated professions, particularly in the electricity sector where they remain poorly represented in leadership positions, reads a statement issued by Urja Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the statement, the United States Agency for International Development (USAID) and Government of Nepal co-designed this program to provide insights into the challenges women are facing every day. This understanding will identify the needed training and capacity building to close current technical gaps and improve leadership skills, added the statement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“During the nine-month program, the sessions will provide technical training in subjects relevant to Nepal’s energy sector, as well as leadership courses that focus on highlighting leadership skills and career advancement.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Interacting with the participants, Energy Minister Pampha Bhusal reportedly said the programme is in line with the Government of Nepal’s strong emphasis to increase involvement of women and minorities in decision making roles in every sector.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “I understand that women and minorities are underrepresented in Nepal’s energy sector and believe that the program launched by USAID Urja Nepal will be a stepping stone to make this sector inclusive,” the statement quoted Bhusal as saying.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">USAID/Nepal Mission Director Sepideh Keyvanshad summed up the launch stating, “We are celebrating another milestone in how we are partnering with the Government of Nepal to move the energy sector forward here in Nepal by specifically targeting the future women energy sector leaders and helping them take their place in this dynamic sector.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">This leadership program continues USAID’s long history of partnering with the Government of Nepal to include everyone’s voice in decision making and promote inclusion that improves the lives of all Nepalis, added Urja Nepal.</span></span></p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15803', 'image' => '20220923064224_307662105_616732093515098_1892905841692856556_n.jpg', 'article_date' => '2022-09-23 18:41:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16061', 'article_category_id' => '1', 'title' => 'Yeti Airline Turns 25', 'sub_title' => '', 'summary' => 'September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. Yeti, which started its service with two Twin Otter aircraft, has served more than 1 million passengers in a single year with five aircraft last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The private airline company of Nepal recently added one aircraft to its fleet and now has six aircraft. The company plans to add another aircraft this year. The company’s spokesperson Sudarshan Bartaula informed that the company plans to improve the quality of service rather than adding destinations and aircraft.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In just one year, Yeti flew 15,925 times and served 1.5 million passengers. According to the company, there were 27,663 foreigners among the passengers. During this period, 154,287 kg of cargo and couriers were also transported by the company. Yeti, which received permit for commercial flights from the then aviation department in May 1998, started its service on September 21 that year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During all these years of operation, Yeti has provided its services through over 40 aircraft including DHC-6 300 Twin Otter, Dornier 220, Y-12, EMB-110, EMB-120, Saab-340B, Pilatus Porter PC-6, Jetstream J-41, DHC-6-400 Twin Otter and ATR-72-500. Currently, the company owns six aircraft of ATR series, some of which are operated by its sister company Tara Air.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company, which employs 730 people, claims that it has produced a lot of manpower for air services in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “In this 24-year journey, the joint contribution of diligent and honest employees and investors and the founding managing director, Ang Chiring Sherpa's guidance is unforgettable,” said Bartaula. Yeti is currently operating flights to Bhadrapur, Bhairahawa, Biratnagar, Janakpur, Jomsom, Lukla, Nepalgunj, Pokhara, Phaplu, Simra and Ilam, making Tribhuvan International Airport (Kathmandu) its base. The company has also been operating travel packages to important tourist destinations.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15802', 'image' => '20220923063252_20220906012348_1662440771.jpg', 'article_date' => '2022-09-23 18:32:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16060', 'article_category_id' => '266', 'title' => 'Ncell Launches India Voice Pack', 'sub_title' => '', 'summary' => 'September 23: Ncell customers can now call India at affordable rates.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Ncell customers can now call India at affordable rates. Mobile service provider company Ncell Axiata has introduced three new voice packs on the occasion of the upcoming festivals. The company said that the plan will come into effect from Friday, September 23.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, all prepaid and postpaid customers of Ncell can use the voice pack. Customers can choose a pack with a duration of 1 day, 7 days or 28 days as per their requirement to make calls to India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the 1-day voice pack, customers will get 15 minutes of talk time for Rs 55 including taxes. Similarly, under the 7-day voice pack, customers will get 70 minutes of talk time for Rs 249. Customers who want more time according to their needs can get a voice pack with 215 minutes of talk time at Rs 749.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that the customer can dial '*17118*74#' and enable the voice pack according to their needs as per the instructions received. Similarly, the voice packs can be activated from the Ncell app, Ncell website and Ncell's official retailer as well.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15801', 'image' => '20220923062507_Untitled.jpg', 'article_date' => '2022-09-23 18:24:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16059', 'article_category_id' => '1', 'title' => 'Government Conducting Study to Stop the Import of Petroleum Vehicles ', 'sub_title' => '', 'summary' => 'September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products. The Ministry of Finance has formed a committee under the coordination of the revenue secretary to determine the time required to stop the import of vehicles that run on fossil fuel. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The committee will recommend the government when to stop the import of petroleum-backed vehicles in Nepal to encourage the use of electric vehicles. Such a decision was taken due to the sudden increase in the fuel prices. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Speaking at the opening ceremony of NADA EV Expo 2022, which kicked off at Bhrikutimandap in Kathmandu on Thursday, Finance Minister Janardan Sharma said that the study is being conducted with the aim of setting a timeframe to stop the import of petroleum vehicles in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">He said that the government plans to ban the import of petroleum vehicles after holding discussion with all stakeholders. This year’s NADA Auto exhibition is also completely focused on electric vehicles. NADA organized an auto expo focusing on electric vehicles after the government banned the import of vehicles that run of petroleum products. The finance minister said that there is no scarcity of electricity in Nepal and therefor automobile dealers should focus on the import and sale of electric vehicles in the future. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Vehicles that run on petroleum products is extensively used in Nepal. As a result, Nepal imports petroleum products worth Rs 300 billion annually. Therefore, we have to think of alternative measures,” said Minister Sharma. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Electric vehicles with prices ranging from Rs 3.1 million to Rs 25 million have been displayed in the exhibition. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Anup Baral, co-ordinator of Nepal NADA EV Expo 2022 said that it is estimated that about 40,000 people will visit the ongoing exhibition. In the exhibition, there are 50 stalls of various companies. This is the first time that there has been an exhibition of only electric vehicles in Nepal. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15800', 'image' => '20220923052229_nada.jpg', 'article_date' => '2022-09-23 17:21:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16058', 'article_category_id' => '1', 'title' => 'SSF to Provide One Million Rupees to Contributors for Treatment of Fatal Diseases', 'sub_title' => '', 'summary' => 'September 23: The government has approved two work procedures related to the Social Security Fund. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: The government has approved two work procedures related to the Social Security Fund. The Ministry of Ministry of Labor, Employment and Social Security on Thursday approved the Social Security Scheme Operation Procedure, 2075 (Third Amendment) and Contributors’ Children Scholarship Operation Procedure, 2079, according to the officials of the SSF.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Social Security Scheme Operation Procedure, 2075 will be implemented on the 91st day from the date of the approval of the third amendment. Under this scheme, the SSF will provide up to Rs 1 million for the treatment of 10 fatal diseases to the contributors. The fund will provide the contributors with expenses for the treatment of coronary artery bypass or open heart surgery, stroke, kidney disease, cancer, Parkinson's disease, Alzheimer's disease, spinal injury, head injury, sickle cell anemia and hemophilia or thalassemia.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Contributors who have contributed to the fund for two consecutive years will receive treatment expenses of up to Rs 1 million for the treatment of those diseases throughout the service period. The terminal illness treatment facility will remain in effect for two years after any contributor ceases to contribute to the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Bivek Panthi, the spokesperson of SSF, special arrangements have been made so that the contributors who receive pension under the old age security scheme of the fund can use the facilities related to terminal diseases for seven years after retirement.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF informed that arrangements have been made to provide such medication facilities to the husband or wife of the contributor as well. During the three years of operation of the contribution-based social security program, the SSF has been continuously improving various schemes while paying attention to the interests of the contributors.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, the Contributors ‘Children Scholarship Operating Procedure, 2079 has arrangement for awarding scholarships to a total of 84 children of contributors in the fields of medical science, engineering, nursing, forestry, agricultural science and hotel and travel management every year. Twelve people from each province will receive the scholarship every year. The Contributors Children Scholarship Program will be implemented from the next academic session. A maximum of scholarship of Rs 500,000 per student will be provided to the eligible candidates.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF expressed its commitment to continue such programs in the future as well. So far, 17,417 employers and 364,741 contributors have been listed in the fund. The fund has collected Rs 23.40 billion from the contributors. Likewise, the fund has paid Rs 2.26 billion in claims.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15799', 'image' => '20220923010128_SSF (1).jpg', 'article_date' => '2022-09-23 13:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16057', 'article_category_id' => '1', 'title' => 'Electronic Transaction Increasing in Nepal', 'sub_title' => '', 'summary' => 'September 23: The volume of electronic transaction has been increasing in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 23: The volume of electronic transaction has been increasing in the country. This is mainly due to growing attraction of the public towards cashless transaction and service expansion of the banks. Of late, the total volume of electronic transactions in Nepal stands over Rs 5600 billion per month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Nepal Rastra Bank’s data, the number of people using electronic means of transaction is growing along with the volume of transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the latest data of the central bank, electronic transactions worth Rs 5688.82 billion took place in the first month (mid-July to mid-August) of the current fiscal year. The amount is 57 percent more than the volume of transaction in the corresponding period of last fiscal year when electronic transactions worth Rs 3612.8 billion took place. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the volume of electronic transaction in the review month (mid-July to mid-August) was a little less than that a month ago (mid-June to mid-July) when the total transactions through electronic medium stood at Rs 6227.64 billion. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It is said that the volume of electronic transactions increased in mid-June to mid-July as the companies were under pressure to close their accounts at the end of the last fiscal year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Executive Director of the Payments System Department of Nepal Rastra Bank Guru Prasad Poudel says that the volume of electronic transaction has increased in recent days due to the policy adopted by the central bank as well as the growing attraction among the public towards cashless transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He said that the volume of electronic transactions increased significantly after the onset of Covid-19 pandemic.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Poudel, the volume of electronic transactions prior to the pandemic stood at around Rs 1200 billion to Rs 1300 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank informed that besides banks and financial institutions, various other payments service providers offer electronic transaction in Nepal.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15798', 'image' => '20220923114057_20210926011503_20200918073634_digita.jpg', 'article_date' => '2022-09-23 11:39:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16056', 'article_category_id' => '1', 'title' => 'Entrepreneurs Protest against Working Capital Loan Guidelines issued by NRB', 'sub_title' => '', 'summary' => 'September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Representatives of 16 district and municipal units of the Madhes chapter of the Federation of Nepalese Chamber of Commerce and Industry initiated the protest in Birgung from Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The participants of the protest rally, who appeared with black arm bands and placards, also sent a memo to NRB Governor Maha Prasad Adhikari.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The industrialists argued that the guidelines, which will come into effect from October 18, will result in the closure of industries if it is implemented as it is.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking in an interaction ahead of the protest rally, FNCCI Vice President Dinesh Shrestha said that the businessmen have chosen the path of protest during the festive season due to the impractical policy of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Shrestha said that the central bank disregarded the suggestions given by the private sector before formulating the guidelines. He accused the banks of creating financial terror by increasing the interest rate to 15 percent.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">He argued that the interest on loans can be brought down to a single digit if it is to be increased on the basis of inflation.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to Shrestha, the new policy benefits those who collect interest while the business community is at the receiving end.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“If this is the only way forward, I urge the government to take over all the business by compensating us and we shall enjoy interest from the money instead of getting involved in entrepreneurship,” said Shrestha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The memo sent to the governor through the regional office of NRB states that the business sector is apprehensive and confused due to the provisions introduced by the central bank at a time when economy was struggling to return on track in the aftermath of the Covid-19 pandemic and the global economic crisis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 percent in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This provision, according to the private sector stakeholders, is impractical.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to the president of Madhes chapter of FNCCI Gamesh Prasad Lath, the central bank should provide at least 50 percent loan as working capital taking into consideration the issues such as the annual transaction of the company as well as the dues they are yet to collect from the market and their stock.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">On the other hand, Nepal Rastra Bank’s Governor Maha Prasad Adhikari has defended the central bank’s move to amend the Working Capital Loan Guidelines arguing that the new guidelines were introduced to control “over financing.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Adhikari argued that the new provisions were introduced because the businessmen were using loans provided to meet their day-to-day expenses were spent on other purposes.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15797', 'image' => '20220923102650_Working-Capital-Loan.jpg', 'article_date' => '2022-09-23 10:26:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16055', 'article_category_id' => '237', 'title' => 'Samsung Launches Galaxy A04S in Nepal', 'sub_title' => '', 'summary' => 'September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. The company claims that this mobile will provide the best experience to the users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said in a statement that this smartphone with a triple rear camera has a 10 MP main camera, a 2 MP refined macro camera and a 2 MP depth camera. Along with a 5 MP selfie camera, this phone has a 6.5 HD AMOLED display with a 90 Hz refresh rate. In addition, it has a battery of 5000 mAh capacity that lasts for two days with a single charge.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, this smartphone is available in three attractive colors - black, copper and green. The price of the mobile set with 4 GB RAM and 128 GB ROM is Rs 21,999 and the price of the mobile set with 4 GB RAM and 64 GB ROM is Rs 19,999.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15796', 'image' => '20220922053802_1663802720.jpg', 'article_date' => '2022-09-22 17:36:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16054', 'article_category_id' => '1', 'title' => 'Department of Cooperatives Under Pressure to Increase Reference Rate', 'sub_title' => '', 'summary' => 'September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans. The cooperatives have been demanding an increase in reference rate ever since the banks and financial institutions increased the interest rates from September 17. However, the officials of the Department of Cooperatives, the regulatory body of the cooperatives, say that the Minister for Cooperatives is against the idea of increasing the interest rates. The officials also argue that the existing laws do not allow them to increase the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Speaking at a programme organized by Cooperative Journalists Society of Nepal, the operators of cooperatives warned that they will not abide by the gentlemen’s agreement if the concerned body does not review the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">In response, the government authorities warned that they will take action against the cooperatives if they charge interest rate higher that the ones fixed by the department. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Senior Vice President of the Federation of National Cooperatives Om Devi Malla said that the cooperatives have already started charging higher interest rates on loans than the prescribed limit to cope with the market pressure.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The cooperatives are charging interest at their own will,” said Malla, adding, “The federation will not take any action against them. Let the department take appropriate action.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Malla accused the department of ignoring their repeated calls to hold a meeting to discuss about reviewing the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“While fixing the interest rate last time, all sides had agreed to hold a meeting every four months. However, there hasn’t been any meeting in the last six months,” said Malla.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">There is a provision in Cooperatives Act to fix the interest rate by a meeting chaired by the registrar of the Department of Cooperatives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The meeting must be attended by five members of the government and four from the Federation of National Cooperatives and the Cooperatives Campaign.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The last such meeting had fixed the reference rate at 16 percent on February 25. However, the cooperatives have demanded an increase in reference rate after the BFIs increased the interest rates on September 17 arguing that the deposits of cooperatives have started flowing towards the banks.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15795', 'image' => '20220922053208_Cooperative dept.jpg', 'article_date' => '2022-09-22 17:31:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16053', 'article_category_id' => '1', 'title' => 'Supreme Court Seeks Clarification from Government for Issuing Micro Insurance License', 'sub_title' => '', 'summary' => 'September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Responding to a petition filed by advocate Deepak Baral accusing the government of issuing such license illegally, a single bench of justice Tanka Bahadur Moktan on Wednesday ordered the Ministry of Finance, Parliament Secretariat, Ministry of Law and Insurance Board to appear before the court with written statements within 15 days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Baral had filed a petition claiming that the Insurance Board was distributing micro-insurance licenses illegally. The court has called both parties next Sunday to discuss whether or not to stop issue such license.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A writ petition was registered at the Supreme Court on September 18 demanding the court to revoke the licensing process, stating that the Insurance Board Act does not have provisions for granting licenses to small insurance companies. On August 26, the board had opened an applications to issue micro insurance license. The board had given a deadline of 35 days to submit the application. The 35-day deadline ends on September 29.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15794', 'image' => '20220922045627_Supreme Court.jpg', 'article_date' => '2022-09-22 16:55:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16052', 'article_category_id' => '1', 'title' => 'President Draws Flak for Delay in Authenticating Citizenship Bill', 'sub_title' => '', 'summary' => 'September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President Bhandari has courted controversy for not authenticating the bill within the timeline set by the constitution. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Nanda Bahadur Pun as well as the ruling coalition parties have heavily criticized the move of the president. On the other hand, the main opposition party CPN-UML has remained silent indicating its support to the president's controversial move.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Pun remarked that those who are responsible for the protection of the constitution are not allowed to take any action by stepping outside the jurisdiction of the constitution. A statement issued by Vice President Pun on Wednesday reads, “The events developed in the last few days have led to widespread discontent among the people who have voiced concerns that the constitution has not been followed and protected by the main guardians and patrons of the constitution. Those who are responsible for the protection of the constitution are not allowed to go beyond the scope of the constitution.” Recalling the commitment made on the Constitution Day, he urged all parties to follow and protect the constitution.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On Wednesday, a meeting of the ruling coalition labeled the president’s move as unconstitutional and announced for protest programmes. A statement issued after the meeting states that the coalition partners have concluded that the president has failed to follow and protect the constitution by violating the constitutional provision that requires the president to authenticate a bill within 15 days after it is passed by the House of Representatives and the National Assembly for the second time and then submitted to the president. They believe that the president's 'unconstitutional move’ has utterly insulted and undermined the Federal Parliament elected by the people.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The statement also mentions that the children of Nepali parents who have obtained citizenship have been deprived of their constitutional right to obtain citizenship, as well as the basic values of sovereignty, constitutional supremacy and democratic governance guaranteed by the constitution written by the Constituent Assembly due to the president's decision.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Prime Minister Sher Bahadur Deuba discussed the steps taken by the president and the steps to be taken in the coming days with lawyers on Wednesday. According to the sources, the law professional suggested that the government can seek legal remedies against the president's move as unconstitutional. Dikssatisfied with the president's move, the ruling parties are preparing to move the Supreme Court but have not been able to reach a decision.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15793', 'image' => '20220922024909_1663800413.Clipboard13.jpg', 'article_date' => '2022-09-22 14:48:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16051', 'article_category_id' => '1', 'title' => 'Department of Commerce Intensifies Market Monitoring', 'sub_title' => '', 'summary' => 'September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Apart from regular monitoring, the department has formed 11 different committees for the monitoring with special focus on the upcoming festivals. According to the spokesperson of the department, Hari Pangeni the market monitoring will focus on the festivals. He informed that a team of experts from various fields has also been formed for effective market monitoring. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The team of experts will monitor the food market. Pangeni said that separate teams have been deployed to monitor weighing machines along with vegetables, fruits and clothes markets. According to Spokesperson Pangeni, a meeting of various departments and stakeholders on September 16 had decided to intensify market monitoring for the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson Pangeni said that action will be taken against any shop found to be in poor hygienic condition. As the festival approaches, monitoring has been intensified at the district level. At the district level, monitoring has been entrusted under the leadership of the assistant chief district officer. All 753 local units have equal responsibility to monitor the market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson of the department added that the authority of monitoring has been delegated to the local level. He said that the administrative officer of the local body and head of the police units have been delegated the authority to monitor the market and take action. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Currently, monitoring has been intensified across the country, there have been reports of effective monitoring from some districts,” he said. The department has said it is also monitoring the ticket fares in collaboration with the traffic police and transport entrepreneurs as there is the possibility of duping passengers during the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pangeni further said that they have received complaints of stale and rotten food being served in hotels and high prices are being charged. He informed that a team of food experts has started monitoring in cooperation with the local police and administration so that the travelers are not cheated during the festival. Samples of food and other items obtained from monitoring will be tested in the lab of the Department of Food Technology and Quality Control. Pangeni said that the office has set up testing facilities in 12 different locations. Similarly, the Department of Agriculture has also kept its labs ready for testing at any time. </span></span></span></p> <p><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15792', 'image' => '20220922115304_market monitoring.jpg', 'article_date' => '2022-09-22 11:52:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16065', 'article_category_id' => '1', 'title' => 'FMTCL Vows Adequate Supply of Foodstuffs in Remote Areas during Dashain ', 'sub_title' => '', 'summary' => 'September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepalis - Dashain, Tihar and Chhath- are just around the corner. They, together, last for about a month. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Executive Director of FMTCL Mohan Prakash Chand said food grains would be supplied as per the quota determined on the basis of population density and need while remaining within the budget limit set by the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said there might have been incidences of crowding at some FMTCL depots as people are on a buying spree to take advantage of the discount offered on food items on the occasion of the festivals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The company requests all the consumers to extend cooperation by buying only the required food grains and daily essentials and not for hoarding purpose," Chand said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that arrangements have been made for providing discount during big festivals like Dashain, Tihar and Chhath, the FMTCL executive director said sales depots have been set up at various places with the objective of smooth supply of food grains and commodities in remote areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL is selling and supplying quality food grains and commodities as rice, lentils, cooking oil, salt, sugar and beans, among others at discount from 45 outlets in 41 districts across the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The state-owned company is effortful towards making the essentials and foodstuffs available to the consumers at concessional rate and in easy manner in several remote districts. It has informed that works have been started for transporting the food grains and essentials to the remote districts through tender process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chand said that the supplies would be ferried by helicopter at several other places in remote districts where tenders for the supply of food grains have not been received. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL has been supplying commodities at the people's doorstep in few urban areas like the Kathmandu Valley through online order citing high demand of supplies at the fair price shops the company is operating. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15806', 'image' => '20220925121131_ricee.jpg', 'article_date' => '2022-09-25 12:10:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16064', 'article_category_id' => '1', 'title' => 'Cabinet Approves Decision to Observe Visit Nepal Decade ', 'sub_title' => '', 'summary' => 'September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. Secretary at the Ministry of Culture, Tourism and Civil Aviation, Suresh Adhikari confirmed that a decision has been taken to celebrate the Visit Nepal Decade to revive the tourism sector which has been badly affected by the Covid-19 pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the Nepal Hospitality Conclave-2022 hosted by the Hotel Association Nepal (HAN) on Saturday, Tourism Secretary Adhikari said that a meeting of the Council of Ministers on Friday decided to celebrate the decade from 2023 to 2033 as the Visit Nepal Decade. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the government had declared 2020 as the Visit Nepal Year and set the target of bringing in two million tourists into the country in that particular year. However, the Visit Nepal Year campaign had to be suspended due to the pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The country's tourism sector has gradually started to pick up momentum after the Covid-19 pandemic subsided. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has announced the Visit Nepal Decade with the aim of speedy revival of the tourism sector. Its objective is to increase the arrival of foreign tourists. The government plans to promote tourism by observing the Visit Nepal Decade through coordination and collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has already made public its tourism revival action plan. The government has decided to celebrate the Visit Nepal Decade but the programmes to be carried out during the decade has not been revealed yet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of foreign tourists was around 1.2 million in 2018 and 2019 before the outbreak of COVID-19. Nepal Tourism Board's data shows that 230,085 foreign tourists had arrived in Nepal in 2021. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15805', 'image' => '20220925110304_Tourist.jpg', 'article_date' => '2022-09-25 11:02:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16063', 'article_category_id' => '1', 'title' => 'Time Card System during Festivals to Prevent Road Accidents', 'sub_title' => '', 'summary' => 'September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepal - Dashain, Tihar and Chhath- are just around the corner. The festival of Dashain begins from Monday. All these festivals last for about a month. </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"">On Saturday, the government had formed a six-member committee under the coordination of Home Ministry’s Spokesperson Phanindra Mani Pokhrel for smooth management of transportation service and prevention of road accidents during the festivals. The committee meeting took a decision to introduce the time card system. According to government officials, the time card system is also being enforced with a view to discourage the tendency of driving at high speed to reach the destination faster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee has made 14 decisions including implementing the time card by identifying places on the highway in coordination with Nepal Police, the Department of Transport Management and the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting has decided to strictly prohibit travelling on roof tops of buses or vehicles or by hanging. The committee will also carry out monitoring as needed for preventing drink driving. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of the committee, every public transportation vehicle will have to keep a first aid kit, stickers with necessary information as police hotline contact number, and necessary arrangement for sanitizing the vehicle. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the committee has also decided to circulate the phone number among passengers to complain in case the driver drives the vehicle in an unusual manner. The police force has been ordered to mobilize its units immediately after getting such complaint. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the information shared by the Ministry of Home Affairs, the Department of Transport Management will make arrangements for conducting mechanical check at the main places in the Kathmandu Valley on vehicles operating on medium and long routes beginning from September 25. This would be conducted in coordination of the authorized seller, the Traffic Police and the transport entrepreneurs. -- RSS </span></span></span><br /> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15804', 'image' => '20220925101425_long route.jpg', 'article_date' => '2022-09-25 10:13:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16062', 'article_category_id' => '1', 'title' => 'USAID Launches Leadership Program for Inclusion of Women in Nepal’s Energy Sector', 'sub_title' => '', 'summary' => 'September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector. This program will complement Nepal's efforts to increase the participation of women in traditionally male-dominated professions, particularly in the electricity sector where they remain poorly represented in leadership positions, reads a statement issued by Urja Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the statement, the United States Agency for International Development (USAID) and Government of Nepal co-designed this program to provide insights into the challenges women are facing every day. This understanding will identify the needed training and capacity building to close current technical gaps and improve leadership skills, added the statement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“During the nine-month program, the sessions will provide technical training in subjects relevant to Nepal’s energy sector, as well as leadership courses that focus on highlighting leadership skills and career advancement.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Interacting with the participants, Energy Minister Pampha Bhusal reportedly said the programme is in line with the Government of Nepal’s strong emphasis to increase involvement of women and minorities in decision making roles in every sector.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “I understand that women and minorities are underrepresented in Nepal’s energy sector and believe that the program launched by USAID Urja Nepal will be a stepping stone to make this sector inclusive,” the statement quoted Bhusal as saying.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">USAID/Nepal Mission Director Sepideh Keyvanshad summed up the launch stating, “We are celebrating another milestone in how we are partnering with the Government of Nepal to move the energy sector forward here in Nepal by specifically targeting the future women energy sector leaders and helping them take their place in this dynamic sector.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">This leadership program continues USAID’s long history of partnering with the Government of Nepal to include everyone’s voice in decision making and promote inclusion that improves the lives of all Nepalis, added Urja Nepal.</span></span></p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15803', 'image' => '20220923064224_307662105_616732093515098_1892905841692856556_n.jpg', 'article_date' => '2022-09-23 18:41:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16061', 'article_category_id' => '1', 'title' => 'Yeti Airline Turns 25', 'sub_title' => '', 'summary' => 'September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. Yeti, which started its service with two Twin Otter aircraft, has served more than 1 million passengers in a single year with five aircraft last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The private airline company of Nepal recently added one aircraft to its fleet and now has six aircraft. The company plans to add another aircraft this year. The company’s spokesperson Sudarshan Bartaula informed that the company plans to improve the quality of service rather than adding destinations and aircraft.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In just one year, Yeti flew 15,925 times and served 1.5 million passengers. According to the company, there were 27,663 foreigners among the passengers. During this period, 154,287 kg of cargo and couriers were also transported by the company. Yeti, which received permit for commercial flights from the then aviation department in May 1998, started its service on September 21 that year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During all these years of operation, Yeti has provided its services through over 40 aircraft including DHC-6 300 Twin Otter, Dornier 220, Y-12, EMB-110, EMB-120, Saab-340B, Pilatus Porter PC-6, Jetstream J-41, DHC-6-400 Twin Otter and ATR-72-500. Currently, the company owns six aircraft of ATR series, some of which are operated by its sister company Tara Air.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company, which employs 730 people, claims that it has produced a lot of manpower for air services in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “In this 24-year journey, the joint contribution of diligent and honest employees and investors and the founding managing director, Ang Chiring Sherpa's guidance is unforgettable,” said Bartaula. Yeti is currently operating flights to Bhadrapur, Bhairahawa, Biratnagar, Janakpur, Jomsom, Lukla, Nepalgunj, Pokhara, Phaplu, Simra and Ilam, making Tribhuvan International Airport (Kathmandu) its base. The company has also been operating travel packages to important tourist destinations.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15802', 'image' => '20220923063252_20220906012348_1662440771.jpg', 'article_date' => '2022-09-23 18:32:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16060', 'article_category_id' => '266', 'title' => 'Ncell Launches India Voice Pack', 'sub_title' => '', 'summary' => 'September 23: Ncell customers can now call India at affordable rates.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Ncell customers can now call India at affordable rates. Mobile service provider company Ncell Axiata has introduced three new voice packs on the occasion of the upcoming festivals. The company said that the plan will come into effect from Friday, September 23.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, all prepaid and postpaid customers of Ncell can use the voice pack. Customers can choose a pack with a duration of 1 day, 7 days or 28 days as per their requirement to make calls to India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the 1-day voice pack, customers will get 15 minutes of talk time for Rs 55 including taxes. Similarly, under the 7-day voice pack, customers will get 70 minutes of talk time for Rs 249. Customers who want more time according to their needs can get a voice pack with 215 minutes of talk time at Rs 749.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that the customer can dial '*17118*74#' and enable the voice pack according to their needs as per the instructions received. Similarly, the voice packs can be activated from the Ncell app, Ncell website and Ncell's official retailer as well.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15801', 'image' => '20220923062507_Untitled.jpg', 'article_date' => '2022-09-23 18:24:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16059', 'article_category_id' => '1', 'title' => 'Government Conducting Study to Stop the Import of Petroleum Vehicles ', 'sub_title' => '', 'summary' => 'September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products. The Ministry of Finance has formed a committee under the coordination of the revenue secretary to determine the time required to stop the import of vehicles that run on fossil fuel. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The committee will recommend the government when to stop the import of petroleum-backed vehicles in Nepal to encourage the use of electric vehicles. Such a decision was taken due to the sudden increase in the fuel prices. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Speaking at the opening ceremony of NADA EV Expo 2022, which kicked off at Bhrikutimandap in Kathmandu on Thursday, Finance Minister Janardan Sharma said that the study is being conducted with the aim of setting a timeframe to stop the import of petroleum vehicles in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">He said that the government plans to ban the import of petroleum vehicles after holding discussion with all stakeholders. This year’s NADA Auto exhibition is also completely focused on electric vehicles. NADA organized an auto expo focusing on electric vehicles after the government banned the import of vehicles that run of petroleum products. The finance minister said that there is no scarcity of electricity in Nepal and therefor automobile dealers should focus on the import and sale of electric vehicles in the future. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Vehicles that run on petroleum products is extensively used in Nepal. As a result, Nepal imports petroleum products worth Rs 300 billion annually. Therefore, we have to think of alternative measures,” said Minister Sharma. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Electric vehicles with prices ranging from Rs 3.1 million to Rs 25 million have been displayed in the exhibition. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Anup Baral, co-ordinator of Nepal NADA EV Expo 2022 said that it is estimated that about 40,000 people will visit the ongoing exhibition. In the exhibition, there are 50 stalls of various companies. This is the first time that there has been an exhibition of only electric vehicles in Nepal. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15800', 'image' => '20220923052229_nada.jpg', 'article_date' => '2022-09-23 17:21:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16058', 'article_category_id' => '1', 'title' => 'SSF to Provide One Million Rupees to Contributors for Treatment of Fatal Diseases', 'sub_title' => '', 'summary' => 'September 23: The government has approved two work procedures related to the Social Security Fund. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: The government has approved two work procedures related to the Social Security Fund. The Ministry of Ministry of Labor, Employment and Social Security on Thursday approved the Social Security Scheme Operation Procedure, 2075 (Third Amendment) and Contributors’ Children Scholarship Operation Procedure, 2079, according to the officials of the SSF.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Social Security Scheme Operation Procedure, 2075 will be implemented on the 91st day from the date of the approval of the third amendment. Under this scheme, the SSF will provide up to Rs 1 million for the treatment of 10 fatal diseases to the contributors. The fund will provide the contributors with expenses for the treatment of coronary artery bypass or open heart surgery, stroke, kidney disease, cancer, Parkinson's disease, Alzheimer's disease, spinal injury, head injury, sickle cell anemia and hemophilia or thalassemia.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Contributors who have contributed to the fund for two consecutive years will receive treatment expenses of up to Rs 1 million for the treatment of those diseases throughout the service period. The terminal illness treatment facility will remain in effect for two years after any contributor ceases to contribute to the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Bivek Panthi, the spokesperson of SSF, special arrangements have been made so that the contributors who receive pension under the old age security scheme of the fund can use the facilities related to terminal diseases for seven years after retirement.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF informed that arrangements have been made to provide such medication facilities to the husband or wife of the contributor as well. During the three years of operation of the contribution-based social security program, the SSF has been continuously improving various schemes while paying attention to the interests of the contributors.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, the Contributors ‘Children Scholarship Operating Procedure, 2079 has arrangement for awarding scholarships to a total of 84 children of contributors in the fields of medical science, engineering, nursing, forestry, agricultural science and hotel and travel management every year. Twelve people from each province will receive the scholarship every year. The Contributors Children Scholarship Program will be implemented from the next academic session. A maximum of scholarship of Rs 500,000 per student will be provided to the eligible candidates.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF expressed its commitment to continue such programs in the future as well. So far, 17,417 employers and 364,741 contributors have been listed in the fund. The fund has collected Rs 23.40 billion from the contributors. Likewise, the fund has paid Rs 2.26 billion in claims.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15799', 'image' => '20220923010128_SSF (1).jpg', 'article_date' => '2022-09-23 13:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16057', 'article_category_id' => '1', 'title' => 'Electronic Transaction Increasing in Nepal', 'sub_title' => '', 'summary' => 'September 23: The volume of electronic transaction has been increasing in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 23: The volume of electronic transaction has been increasing in the country. This is mainly due to growing attraction of the public towards cashless transaction and service expansion of the banks. Of late, the total volume of electronic transactions in Nepal stands over Rs 5600 billion per month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Nepal Rastra Bank’s data, the number of people using electronic means of transaction is growing along with the volume of transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the latest data of the central bank, electronic transactions worth Rs 5688.82 billion took place in the first month (mid-July to mid-August) of the current fiscal year. The amount is 57 percent more than the volume of transaction in the corresponding period of last fiscal year when electronic transactions worth Rs 3612.8 billion took place. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the volume of electronic transaction in the review month (mid-July to mid-August) was a little less than that a month ago (mid-June to mid-July) when the total transactions through electronic medium stood at Rs 6227.64 billion. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It is said that the volume of electronic transactions increased in mid-June to mid-July as the companies were under pressure to close their accounts at the end of the last fiscal year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Executive Director of the Payments System Department of Nepal Rastra Bank Guru Prasad Poudel says that the volume of electronic transaction has increased in recent days due to the policy adopted by the central bank as well as the growing attraction among the public towards cashless transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He said that the volume of electronic transactions increased significantly after the onset of Covid-19 pandemic.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Poudel, the volume of electronic transactions prior to the pandemic stood at around Rs 1200 billion to Rs 1300 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank informed that besides banks and financial institutions, various other payments service providers offer electronic transaction in Nepal.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15798', 'image' => '20220923114057_20210926011503_20200918073634_digita.jpg', 'article_date' => '2022-09-23 11:39:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16056', 'article_category_id' => '1', 'title' => 'Entrepreneurs Protest against Working Capital Loan Guidelines issued by NRB', 'sub_title' => '', 'summary' => 'September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Representatives of 16 district and municipal units of the Madhes chapter of the Federation of Nepalese Chamber of Commerce and Industry initiated the protest in Birgung from Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The participants of the protest rally, who appeared with black arm bands and placards, also sent a memo to NRB Governor Maha Prasad Adhikari.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The industrialists argued that the guidelines, which will come into effect from October 18, will result in the closure of industries if it is implemented as it is.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking in an interaction ahead of the protest rally, FNCCI Vice President Dinesh Shrestha said that the businessmen have chosen the path of protest during the festive season due to the impractical policy of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Shrestha said that the central bank disregarded the suggestions given by the private sector before formulating the guidelines. He accused the banks of creating financial terror by increasing the interest rate to 15 percent.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">He argued that the interest on loans can be brought down to a single digit if it is to be increased on the basis of inflation.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to Shrestha, the new policy benefits those who collect interest while the business community is at the receiving end.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“If this is the only way forward, I urge the government to take over all the business by compensating us and we shall enjoy interest from the money instead of getting involved in entrepreneurship,” said Shrestha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The memo sent to the governor through the regional office of NRB states that the business sector is apprehensive and confused due to the provisions introduced by the central bank at a time when economy was struggling to return on track in the aftermath of the Covid-19 pandemic and the global economic crisis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 percent in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This provision, according to the private sector stakeholders, is impractical.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to the president of Madhes chapter of FNCCI Gamesh Prasad Lath, the central bank should provide at least 50 percent loan as working capital taking into consideration the issues such as the annual transaction of the company as well as the dues they are yet to collect from the market and their stock.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">On the other hand, Nepal Rastra Bank’s Governor Maha Prasad Adhikari has defended the central bank’s move to amend the Working Capital Loan Guidelines arguing that the new guidelines were introduced to control “over financing.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Adhikari argued that the new provisions were introduced because the businessmen were using loans provided to meet their day-to-day expenses were spent on other purposes.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15797', 'image' => '20220923102650_Working-Capital-Loan.jpg', 'article_date' => '2022-09-23 10:26:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16055', 'article_category_id' => '237', 'title' => 'Samsung Launches Galaxy A04S in Nepal', 'sub_title' => '', 'summary' => 'September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. The company claims that this mobile will provide the best experience to the users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said in a statement that this smartphone with a triple rear camera has a 10 MP main camera, a 2 MP refined macro camera and a 2 MP depth camera. Along with a 5 MP selfie camera, this phone has a 6.5 HD AMOLED display with a 90 Hz refresh rate. In addition, it has a battery of 5000 mAh capacity that lasts for two days with a single charge.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, this smartphone is available in three attractive colors - black, copper and green. The price of the mobile set with 4 GB RAM and 128 GB ROM is Rs 21,999 and the price of the mobile set with 4 GB RAM and 64 GB ROM is Rs 19,999.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15796', 'image' => '20220922053802_1663802720.jpg', 'article_date' => '2022-09-22 17:36:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16054', 'article_category_id' => '1', 'title' => 'Department of Cooperatives Under Pressure to Increase Reference Rate', 'sub_title' => '', 'summary' => 'September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans. The cooperatives have been demanding an increase in reference rate ever since the banks and financial institutions increased the interest rates from September 17. However, the officials of the Department of Cooperatives, the regulatory body of the cooperatives, say that the Minister for Cooperatives is against the idea of increasing the interest rates. The officials also argue that the existing laws do not allow them to increase the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Speaking at a programme organized by Cooperative Journalists Society of Nepal, the operators of cooperatives warned that they will not abide by the gentlemen’s agreement if the concerned body does not review the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">In response, the government authorities warned that they will take action against the cooperatives if they charge interest rate higher that the ones fixed by the department. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Senior Vice President of the Federation of National Cooperatives Om Devi Malla said that the cooperatives have already started charging higher interest rates on loans than the prescribed limit to cope with the market pressure.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The cooperatives are charging interest at their own will,” said Malla, adding, “The federation will not take any action against them. Let the department take appropriate action.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Malla accused the department of ignoring their repeated calls to hold a meeting to discuss about reviewing the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“While fixing the interest rate last time, all sides had agreed to hold a meeting every four months. However, there hasn’t been any meeting in the last six months,” said Malla.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">There is a provision in Cooperatives Act to fix the interest rate by a meeting chaired by the registrar of the Department of Cooperatives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The meeting must be attended by five members of the government and four from the Federation of National Cooperatives and the Cooperatives Campaign.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The last such meeting had fixed the reference rate at 16 percent on February 25. However, the cooperatives have demanded an increase in reference rate after the BFIs increased the interest rates on September 17 arguing that the deposits of cooperatives have started flowing towards the banks.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15795', 'image' => '20220922053208_Cooperative dept.jpg', 'article_date' => '2022-09-22 17:31:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16053', 'article_category_id' => '1', 'title' => 'Supreme Court Seeks Clarification from Government for Issuing Micro Insurance License', 'sub_title' => '', 'summary' => 'September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Responding to a petition filed by advocate Deepak Baral accusing the government of issuing such license illegally, a single bench of justice Tanka Bahadur Moktan on Wednesday ordered the Ministry of Finance, Parliament Secretariat, Ministry of Law and Insurance Board to appear before the court with written statements within 15 days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Baral had filed a petition claiming that the Insurance Board was distributing micro-insurance licenses illegally. The court has called both parties next Sunday to discuss whether or not to stop issue such license.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A writ petition was registered at the Supreme Court on September 18 demanding the court to revoke the licensing process, stating that the Insurance Board Act does not have provisions for granting licenses to small insurance companies. On August 26, the board had opened an applications to issue micro insurance license. The board had given a deadline of 35 days to submit the application. The 35-day deadline ends on September 29.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15794', 'image' => '20220922045627_Supreme Court.jpg', 'article_date' => '2022-09-22 16:55:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16052', 'article_category_id' => '1', 'title' => 'President Draws Flak for Delay in Authenticating Citizenship Bill', 'sub_title' => '', 'summary' => 'September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President Bhandari has courted controversy for not authenticating the bill within the timeline set by the constitution. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Nanda Bahadur Pun as well as the ruling coalition parties have heavily criticized the move of the president. On the other hand, the main opposition party CPN-UML has remained silent indicating its support to the president's controversial move.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Pun remarked that those who are responsible for the protection of the constitution are not allowed to take any action by stepping outside the jurisdiction of the constitution. A statement issued by Vice President Pun on Wednesday reads, “The events developed in the last few days have led to widespread discontent among the people who have voiced concerns that the constitution has not been followed and protected by the main guardians and patrons of the constitution. Those who are responsible for the protection of the constitution are not allowed to go beyond the scope of the constitution.” Recalling the commitment made on the Constitution Day, he urged all parties to follow and protect the constitution.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On Wednesday, a meeting of the ruling coalition labeled the president’s move as unconstitutional and announced for protest programmes. A statement issued after the meeting states that the coalition partners have concluded that the president has failed to follow and protect the constitution by violating the constitutional provision that requires the president to authenticate a bill within 15 days after it is passed by the House of Representatives and the National Assembly for the second time and then submitted to the president. They believe that the president's 'unconstitutional move’ has utterly insulted and undermined the Federal Parliament elected by the people.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The statement also mentions that the children of Nepali parents who have obtained citizenship have been deprived of their constitutional right to obtain citizenship, as well as the basic values of sovereignty, constitutional supremacy and democratic governance guaranteed by the constitution written by the Constituent Assembly due to the president's decision.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Prime Minister Sher Bahadur Deuba discussed the steps taken by the president and the steps to be taken in the coming days with lawyers on Wednesday. According to the sources, the law professional suggested that the government can seek legal remedies against the president's move as unconstitutional. Dikssatisfied with the president's move, the ruling parties are preparing to move the Supreme Court but have not been able to reach a decision.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15793', 'image' => '20220922024909_1663800413.Clipboard13.jpg', 'article_date' => '2022-09-22 14:48:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16051', 'article_category_id' => '1', 'title' => 'Department of Commerce Intensifies Market Monitoring', 'sub_title' => '', 'summary' => 'September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Apart from regular monitoring, the department has formed 11 different committees for the monitoring with special focus on the upcoming festivals. According to the spokesperson of the department, Hari Pangeni the market monitoring will focus on the festivals. He informed that a team of experts from various fields has also been formed for effective market monitoring. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The team of experts will monitor the food market. Pangeni said that separate teams have been deployed to monitor weighing machines along with vegetables, fruits and clothes markets. According to Spokesperson Pangeni, a meeting of various departments and stakeholders on September 16 had decided to intensify market monitoring for the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson Pangeni said that action will be taken against any shop found to be in poor hygienic condition. As the festival approaches, monitoring has been intensified at the district level. At the district level, monitoring has been entrusted under the leadership of the assistant chief district officer. All 753 local units have equal responsibility to monitor the market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson of the department added that the authority of monitoring has been delegated to the local level. He said that the administrative officer of the local body and head of the police units have been delegated the authority to monitor the market and take action. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Currently, monitoring has been intensified across the country, there have been reports of effective monitoring from some districts,” he said. The department has said it is also monitoring the ticket fares in collaboration with the traffic police and transport entrepreneurs as there is the possibility of duping passengers during the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pangeni further said that they have received complaints of stale and rotten food being served in hotels and high prices are being charged. He informed that a team of food experts has started monitoring in cooperation with the local police and administration so that the travelers are not cheated during the festival. Samples of food and other items obtained from monitoring will be tested in the lab of the Department of Food Technology and Quality Control. Pangeni said that the office has set up testing facilities in 12 different locations. Similarly, the Department of Agriculture has also kept its labs ready for testing at any time. </span></span></span></p> <p><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15792', 'image' => '20220922115304_market monitoring.jpg', 'article_date' => '2022-09-22 11:52:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16065', 'article_category_id' => '1', 'title' => 'FMTCL Vows Adequate Supply of Foodstuffs in Remote Areas during Dashain ', 'sub_title' => '', 'summary' => 'September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The Food Management and Trading Company Limited (FMTCL) has said it is effortful to ensure adequate supply of food grains in the remote areas including Karnali Province during the festivals of Dashain and Tihar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepalis - Dashain, Tihar and Chhath- are just around the corner. They, together, last for about a month. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Executive Director of FMTCL Mohan Prakash Chand said food grains would be supplied as per the quota determined on the basis of population density and need while remaining within the budget limit set by the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said there might have been incidences of crowding at some FMTCL depots as people are on a buying spree to take advantage of the discount offered on food items on the occasion of the festivals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The company requests all the consumers to extend cooperation by buying only the required food grains and daily essentials and not for hoarding purpose," Chand said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that arrangements have been made for providing discount during big festivals like Dashain, Tihar and Chhath, the FMTCL executive director said sales depots have been set up at various places with the objective of smooth supply of food grains and commodities in remote areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL is selling and supplying quality food grains and commodities as rice, lentils, cooking oil, salt, sugar and beans, among others at discount from 45 outlets in 41 districts across the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The state-owned company is effortful towards making the essentials and foodstuffs available to the consumers at concessional rate and in easy manner in several remote districts. It has informed that works have been started for transporting the food grains and essentials to the remote districts through tender process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chand said that the supplies would be ferried by helicopter at several other places in remote districts where tenders for the supply of food grains have not been received. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">FMTCL has been supplying commodities at the people's doorstep in few urban areas like the Kathmandu Valley through online order citing high demand of supplies at the fair price shops the company is operating. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15806', 'image' => '20220925121131_ricee.jpg', 'article_date' => '2022-09-25 12:10:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16064', 'article_category_id' => '1', 'title' => 'Cabinet Approves Decision to Observe Visit Nepal Decade ', 'sub_title' => '', 'summary' => 'September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to observe the 'Visit Nepal Decade' from next year with the objective of revitalizing the tourism industry. Secretary at the Ministry of Culture, Tourism and Civil Aviation, Suresh Adhikari confirmed that a decision has been taken to celebrate the Visit Nepal Decade to revive the tourism sector which has been badly affected by the Covid-19 pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the Nepal Hospitality Conclave-2022 hosted by the Hotel Association Nepal (HAN) on Saturday, Tourism Secretary Adhikari said that a meeting of the Council of Ministers on Friday decided to celebrate the decade from 2023 to 2033 as the Visit Nepal Decade. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the government had declared 2020 as the Visit Nepal Year and set the target of bringing in two million tourists into the country in that particular year. However, the Visit Nepal Year campaign had to be suspended due to the pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The country's tourism sector has gradually started to pick up momentum after the Covid-19 pandemic subsided. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has announced the Visit Nepal Decade with the aim of speedy revival of the tourism sector. Its objective is to increase the arrival of foreign tourists. The government plans to promote tourism by observing the Visit Nepal Decade through coordination and collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has already made public its tourism revival action plan. The government has decided to celebrate the Visit Nepal Decade but the programmes to be carried out during the decade has not been revealed yet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of foreign tourists was around 1.2 million in 2018 and 2019 before the outbreak of COVID-19. Nepal Tourism Board's data shows that 230,085 foreign tourists had arrived in Nepal in 2021. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15805', 'image' => '20220925110304_Tourist.jpg', 'article_date' => '2022-09-25 11:02:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16063', 'article_category_id' => '1', 'title' => 'Time Card System during Festivals to Prevent Road Accidents', 'sub_title' => '', 'summary' => 'September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 25: The government has decided to enforce the 'time card' system for public transportation in the long route in a bid to prevent accidents and for efficient traffic management during the festive season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The biggest festivals of Nepal - Dashain, Tihar and Chhath- are just around the corner. The festival of Dashain begins from Monday. All these festivals last for about a month. </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"">On Saturday, the government had formed a six-member committee under the coordination of Home Ministry’s Spokesperson Phanindra Mani Pokhrel for smooth management of transportation service and prevention of road accidents during the festivals. The committee meeting took a decision to introduce the time card system. According to government officials, the time card system is also being enforced with a view to discourage the tendency of driving at high speed to reach the destination faster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The committee has made 14 decisions including implementing the time card by identifying places on the highway in coordination with Nepal Police, the Department of Transport Management and the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting has decided to strictly prohibit travelling on roof tops of buses or vehicles or by hanging. The committee will also carry out monitoring as needed for preventing drink driving. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of the committee, every public transportation vehicle will have to keep a first aid kit, stickers with necessary information as police hotline contact number, and necessary arrangement for sanitizing the vehicle. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the committee has also decided to circulate the phone number among passengers to complain in case the driver drives the vehicle in an unusual manner. The police force has been ordered to mobilize its units immediately after getting such complaint. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the information shared by the Ministry of Home Affairs, the Department of Transport Management will make arrangements for conducting mechanical check at the main places in the Kathmandu Valley on vehicles operating on medium and long routes beginning from September 25. This would be conducted in coordination of the authorized seller, the Traffic Police and the transport entrepreneurs. -- RSS </span></span></span><br /> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-25', 'modified' => '2022-09-25', 'keywords' => '', 'description' => '', 'sortorder' => '15804', 'image' => '20220925101425_long route.jpg', 'article_date' => '2022-09-25 10:13:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16062', 'article_category_id' => '1', 'title' => 'USAID Launches Leadership Program for Inclusion of Women in Nepal’s Energy Sector', 'sub_title' => '', 'summary' => 'September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: USAID’s Urja Nepal project has launched a programme for the development of Leadership and Management Skills for Women in the Energy Sector to advance the next generation of women leaders in the energy sector. This program will complement Nepal's efforts to increase the participation of women in traditionally male-dominated professions, particularly in the electricity sector where they remain poorly represented in leadership positions, reads a statement issued by Urja Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the statement, the United States Agency for International Development (USAID) and Government of Nepal co-designed this program to provide insights into the challenges women are facing every day. This understanding will identify the needed training and capacity building to close current technical gaps and improve leadership skills, added the statement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“During the nine-month program, the sessions will provide technical training in subjects relevant to Nepal’s energy sector, as well as leadership courses that focus on highlighting leadership skills and career advancement.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Interacting with the participants, Energy Minister Pampha Bhusal reportedly said the programme is in line with the Government of Nepal’s strong emphasis to increase involvement of women and minorities in decision making roles in every sector.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “I understand that women and minorities are underrepresented in Nepal’s energy sector and believe that the program launched by USAID Urja Nepal will be a stepping stone to make this sector inclusive,” the statement quoted Bhusal as saying.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">USAID/Nepal Mission Director Sepideh Keyvanshad summed up the launch stating, “We are celebrating another milestone in how we are partnering with the Government of Nepal to move the energy sector forward here in Nepal by specifically targeting the future women energy sector leaders and helping them take their place in this dynamic sector.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">This leadership program continues USAID’s long history of partnering with the Government of Nepal to include everyone’s voice in decision making and promote inclusion that improves the lives of all Nepalis, added Urja Nepal.</span></span></p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15803', 'image' => '20220923064224_307662105_616732093515098_1892905841692856556_n.jpg', 'article_date' => '2022-09-23 18:41:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16061', 'article_category_id' => '1', 'title' => 'Yeti Airline Turns 25', 'sub_title' => '', 'summary' => 'September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Yeti Airlines, which started commercial flights in Nepal from 1998, celebrated its 24th anniversary on Wednesday. Yeti, which started its service with two Twin Otter aircraft, has served more than 1 million passengers in a single year with five aircraft last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The private airline company of Nepal recently added one aircraft to its fleet and now has six aircraft. The company plans to add another aircraft this year. The company’s spokesperson Sudarshan Bartaula informed that the company plans to improve the quality of service rather than adding destinations and aircraft.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In just one year, Yeti flew 15,925 times and served 1.5 million passengers. According to the company, there were 27,663 foreigners among the passengers. During this period, 154,287 kg of cargo and couriers were also transported by the company. Yeti, which received permit for commercial flights from the then aviation department in May 1998, started its service on September 21 that year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During all these years of operation, Yeti has provided its services through over 40 aircraft including DHC-6 300 Twin Otter, Dornier 220, Y-12, EMB-110, EMB-120, Saab-340B, Pilatus Porter PC-6, Jetstream J-41, DHC-6-400 Twin Otter and ATR-72-500. Currently, the company owns six aircraft of ATR series, some of which are operated by its sister company Tara Air.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company, which employs 730 people, claims that it has produced a lot of manpower for air services in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “In this 24-year journey, the joint contribution of diligent and honest employees and investors and the founding managing director, Ang Chiring Sherpa's guidance is unforgettable,” said Bartaula. Yeti is currently operating flights to Bhadrapur, Bhairahawa, Biratnagar, Janakpur, Jomsom, Lukla, Nepalgunj, Pokhara, Phaplu, Simra and Ilam, making Tribhuvan International Airport (Kathmandu) its base. The company has also been operating travel packages to important tourist destinations.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15802', 'image' => '20220923063252_20220906012348_1662440771.jpg', 'article_date' => '2022-09-23 18:32:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16060', 'article_category_id' => '266', 'title' => 'Ncell Launches India Voice Pack', 'sub_title' => '', 'summary' => 'September 23: Ncell customers can now call India at affordable rates.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: Ncell customers can now call India at affordable rates. Mobile service provider company Ncell Axiata has introduced three new voice packs on the occasion of the upcoming festivals. The company said that the plan will come into effect from Friday, September 23.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, all prepaid and postpaid customers of Ncell can use the voice pack. Customers can choose a pack with a duration of 1 day, 7 days or 28 days as per their requirement to make calls to India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the 1-day voice pack, customers will get 15 minutes of talk time for Rs 55 including taxes. Similarly, under the 7-day voice pack, customers will get 70 minutes of talk time for Rs 249. Customers who want more time according to their needs can get a voice pack with 215 minutes of talk time at Rs 749.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that the customer can dial '*17118*74#' and enable the voice pack according to their needs as per the instructions received. Similarly, the voice packs can be activated from the Ncell app, Ncell website and Ncell's official retailer as well.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15801', 'image' => '20220923062507_Untitled.jpg', 'article_date' => '2022-09-23 18:24:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16059', 'article_category_id' => '1', 'title' => 'Government Conducting Study to Stop the Import of Petroleum Vehicles ', 'sub_title' => '', 'summary' => 'September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 23: The government has started a study to find the pros and cons of stopping the import of vehicles that run on petroleum products. The Ministry of Finance has formed a committee under the coordination of the revenue secretary to determine the time required to stop the import of vehicles that run on fossil fuel. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The committee will recommend the government when to stop the import of petroleum-backed vehicles in Nepal to encourage the use of electric vehicles. Such a decision was taken due to the sudden increase in the fuel prices. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Speaking at the opening ceremony of NADA EV Expo 2022, which kicked off at Bhrikutimandap in Kathmandu on Thursday, Finance Minister Janardan Sharma said that the study is being conducted with the aim of setting a timeframe to stop the import of petroleum vehicles in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">He said that the government plans to ban the import of petroleum vehicles after holding discussion with all stakeholders. This year’s NADA Auto exhibition is also completely focused on electric vehicles. NADA organized an auto expo focusing on electric vehicles after the government banned the import of vehicles that run of petroleum products. The finance minister said that there is no scarcity of electricity in Nepal and therefor automobile dealers should focus on the import and sale of electric vehicles in the future. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Vehicles that run on petroleum products is extensively used in Nepal. As a result, Nepal imports petroleum products worth Rs 300 billion annually. Therefore, we have to think of alternative measures,” said Minister Sharma. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Electric vehicles with prices ranging from Rs 3.1 million to Rs 25 million have been displayed in the exhibition. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Anup Baral, co-ordinator of Nepal NADA EV Expo 2022 said that it is estimated that about 40,000 people will visit the ongoing exhibition. In the exhibition, there are 50 stalls of various companies. This is the first time that there has been an exhibition of only electric vehicles in Nepal. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15800', 'image' => '20220923052229_nada.jpg', 'article_date' => '2022-09-23 17:21:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16058', 'article_category_id' => '1', 'title' => 'SSF to Provide One Million Rupees to Contributors for Treatment of Fatal Diseases', 'sub_title' => '', 'summary' => 'September 23: The government has approved two work procedures related to the Social Security Fund. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 23: The government has approved two work procedures related to the Social Security Fund. The Ministry of Ministry of Labor, Employment and Social Security on Thursday approved the Social Security Scheme Operation Procedure, 2075 (Third Amendment) and Contributors’ Children Scholarship Operation Procedure, 2079, according to the officials of the SSF.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Social Security Scheme Operation Procedure, 2075 will be implemented on the 91st day from the date of the approval of the third amendment. Under this scheme, the SSF will provide up to Rs 1 million for the treatment of 10 fatal diseases to the contributors. The fund will provide the contributors with expenses for the treatment of coronary artery bypass or open heart surgery, stroke, kidney disease, cancer, Parkinson's disease, Alzheimer's disease, spinal injury, head injury, sickle cell anemia and hemophilia or thalassemia.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Contributors who have contributed to the fund for two consecutive years will receive treatment expenses of up to Rs 1 million for the treatment of those diseases throughout the service period. The terminal illness treatment facility will remain in effect for two years after any contributor ceases to contribute to the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Bivek Panthi, the spokesperson of SSF, special arrangements have been made so that the contributors who receive pension under the old age security scheme of the fund can use the facilities related to terminal diseases for seven years after retirement.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF informed that arrangements have been made to provide such medication facilities to the husband or wife of the contributor as well. During the three years of operation of the contribution-based social security program, the SSF has been continuously improving various schemes while paying attention to the interests of the contributors.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, the Contributors ‘Children Scholarship Operating Procedure, 2079 has arrangement for awarding scholarships to a total of 84 children of contributors in the fields of medical science, engineering, nursing, forestry, agricultural science and hotel and travel management every year. Twelve people from each province will receive the scholarship every year. The Contributors Children Scholarship Program will be implemented from the next academic session. A maximum of scholarship of Rs 500,000 per student will be provided to the eligible candidates.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The SSF expressed its commitment to continue such programs in the future as well. So far, 17,417 employers and 364,741 contributors have been listed in the fund. The fund has collected Rs 23.40 billion from the contributors. Likewise, the fund has paid Rs 2.26 billion in claims.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15799', 'image' => '20220923010128_SSF (1).jpg', 'article_date' => '2022-09-23 13:00:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16057', 'article_category_id' => '1', 'title' => 'Electronic Transaction Increasing in Nepal', 'sub_title' => '', 'summary' => 'September 23: The volume of electronic transaction has been increasing in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 23: The volume of electronic transaction has been increasing in the country. This is mainly due to growing attraction of the public towards cashless transaction and service expansion of the banks. Of late, the total volume of electronic transactions in Nepal stands over Rs 5600 billion per month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Nepal Rastra Bank’s data, the number of people using electronic means of transaction is growing along with the volume of transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the latest data of the central bank, electronic transactions worth Rs 5688.82 billion took place in the first month (mid-July to mid-August) of the current fiscal year. The amount is 57 percent more than the volume of transaction in the corresponding period of last fiscal year when electronic transactions worth Rs 3612.8 billion took place. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the volume of electronic transaction in the review month (mid-July to mid-August) was a little less than that a month ago (mid-June to mid-July) when the total transactions through electronic medium stood at Rs 6227.64 billion. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It is said that the volume of electronic transactions increased in mid-June to mid-July as the companies were under pressure to close their accounts at the end of the last fiscal year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Executive Director of the Payments System Department of Nepal Rastra Bank Guru Prasad Poudel says that the volume of electronic transaction has increased in recent days due to the policy adopted by the central bank as well as the growing attraction among the public towards cashless transaction.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He said that the volume of electronic transactions increased significantly after the onset of Covid-19 pandemic.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Poudel, the volume of electronic transactions prior to the pandemic stood at around Rs 1200 billion to Rs 1300 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank informed that besides banks and financial institutions, various other payments service providers offer electronic transaction in Nepal.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15798', 'image' => '20220923114057_20210926011503_20200918073634_digita.jpg', 'article_date' => '2022-09-23 11:39:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16056', 'article_category_id' => '1', 'title' => 'Entrepreneurs Protest against Working Capital Loan Guidelines issued by NRB', 'sub_title' => '', 'summary' => 'September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">September 23: The private sector has started street protest demanding amendment to the Working Capital Loan Guidelines issued recently by the Nepal Rastra Bank.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Representatives of 16 district and municipal units of the Madhes chapter of the Federation of Nepalese Chamber of Commerce and Industry initiated the protest in Birgung from Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The participants of the protest rally, who appeared with black arm bands and placards, also sent a memo to NRB Governor Maha Prasad Adhikari.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The industrialists argued that the guidelines, which will come into effect from October 18, will result in the closure of industries if it is implemented as it is.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking in an interaction ahead of the protest rally, FNCCI Vice President Dinesh Shrestha said that the businessmen have chosen the path of protest during the festive season due to the impractical policy of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Shrestha said that the central bank disregarded the suggestions given by the private sector before formulating the guidelines. He accused the banks of creating financial terror by increasing the interest rate to 15 percent.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">He argued that the interest on loans can be brought down to a single digit if it is to be increased on the basis of inflation.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to Shrestha, the new policy benefits those who collect interest while the business community is at the receiving end.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“If this is the only way forward, I urge the government to take over all the business by compensating us and we shall enjoy interest from the money instead of getting involved in entrepreneurship,” said Shrestha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The memo sent to the governor through the regional office of NRB states that the business sector is apprehensive and confused due to the provisions introduced by the central bank at a time when economy was struggling to return on track in the aftermath of the Covid-19 pandemic and the global economic crisis.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 percent in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This provision, according to the private sector stakeholders, is impractical.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">According to the president of Madhes chapter of FNCCI Gamesh Prasad Lath, the central bank should provide at least 50 percent loan as working capital taking into consideration the issues such as the annual transaction of the company as well as the dues they are yet to collect from the market and their stock.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">On the other hand, Nepal Rastra Bank’s Governor Maha Prasad Adhikari has defended the central bank’s move to amend the Working Capital Loan Guidelines arguing that the new guidelines were introduced to control “over financing.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Adhikari argued that the new provisions were introduced because the businessmen were using loans provided to meet their day-to-day expenses were spent on other purposes.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-23', 'modified' => '2022-09-23', 'keywords' => '', 'description' => '', 'sortorder' => '15797', 'image' => '20220923102650_Working-Capital-Loan.jpg', 'article_date' => '2022-09-23 10:26:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16055', 'article_category_id' => '237', 'title' => 'Samsung Launches Galaxy A04S in Nepal', 'sub_title' => '', 'summary' => 'September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: South Korean smartphone brand Samsung has launched the Galaxy A04S smartphone with new functions and features in the Nepali market. The company claims that this mobile will provide the best experience to the users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said in a statement that this smartphone with a triple rear camera has a 10 MP main camera, a 2 MP refined macro camera and a 2 MP depth camera. Along with a 5 MP selfie camera, this phone has a 6.5 HD AMOLED display with a 90 Hz refresh rate. In addition, it has a battery of 5000 mAh capacity that lasts for two days with a single charge.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, this smartphone is available in three attractive colors - black, copper and green. The price of the mobile set with 4 GB RAM and 128 GB ROM is Rs 21,999 and the price of the mobile set with 4 GB RAM and 64 GB ROM is Rs 19,999.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15796', 'image' => '20220922053802_1663802720.jpg', 'article_date' => '2022-09-22 17:36:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16054', 'article_category_id' => '1', 'title' => 'Department of Cooperatives Under Pressure to Increase Reference Rate', 'sub_title' => '', 'summary' => 'September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">September 22: Operators of cooperatives are in a tug-of-war with the regulatory body over the issue of increasing the reference rate on loans. The cooperatives have been demanding an increase in reference rate ever since the banks and financial institutions increased the interest rates from September 17. However, the officials of the Department of Cooperatives, the regulatory body of the cooperatives, say that the Minister for Cooperatives is against the idea of increasing the interest rates. The officials also argue that the existing laws do not allow them to increase the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Speaking at a programme organized by Cooperative Journalists Society of Nepal, the operators of cooperatives warned that they will not abide by the gentlemen’s agreement if the concerned body does not review the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">In response, the government authorities warned that they will take action against the cooperatives if they charge interest rate higher that the ones fixed by the department. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Senior Vice President of the Federation of National Cooperatives Om Devi Malla said that the cooperatives have already started charging higher interest rates on loans than the prescribed limit to cope with the market pressure.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The cooperatives are charging interest at their own will,” said Malla, adding, “The federation will not take any action against them. Let the department take appropriate action.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Malla accused the department of ignoring their repeated calls to hold a meeting to discuss about reviewing the reference rate.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“While fixing the interest rate last time, all sides had agreed to hold a meeting every four months. However, there hasn’t been any meeting in the last six months,” said Malla.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">There is a provision in Cooperatives Act to fix the interest rate by a meeting chaired by the registrar of the Department of Cooperatives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The meeting must be attended by five members of the government and four from the Federation of National Cooperatives and the Cooperatives Campaign.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The last such meeting had fixed the reference rate at 16 percent on February 25. However, the cooperatives have demanded an increase in reference rate after the BFIs increased the interest rates on September 17 arguing that the deposits of cooperatives have started flowing towards the banks.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15795', 'image' => '20220922053208_Cooperative dept.jpg', 'article_date' => '2022-09-22 17:31:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16053', 'article_category_id' => '1', 'title' => 'Supreme Court Seeks Clarification from Government for Issuing Micro Insurance License', 'sub_title' => '', 'summary' => 'September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: The Supreme Court has ordered the government and the Insurance Board to submit clarification for issuing micro insurance licenses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Responding to a petition filed by advocate Deepak Baral accusing the government of issuing such license illegally, a single bench of justice Tanka Bahadur Moktan on Wednesday ordered the Ministry of Finance, Parliament Secretariat, Ministry of Law and Insurance Board to appear before the court with written statements within 15 days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Baral had filed a petition claiming that the Insurance Board was distributing micro-insurance licenses illegally. The court has called both parties next Sunday to discuss whether or not to stop issue such license.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A writ petition was registered at the Supreme Court on September 18 demanding the court to revoke the licensing process, stating that the Insurance Board Act does not have provisions for granting licenses to small insurance companies. On August 26, the board had opened an applications to issue micro insurance license. The board had given a deadline of 35 days to submit the application. The 35-day deadline ends on September 29.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15794', 'image' => '20220922045627_Supreme Court.jpg', 'article_date' => '2022-09-22 16:55:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16052', 'article_category_id' => '1', 'title' => 'President Draws Flak for Delay in Authenticating Citizenship Bill', 'sub_title' => '', 'summary' => 'September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 22: Division in national politics of Nepal has flared up by the decision of President Bidya Devi Bhandari not to authenticate the Citizenship Bill passed by the parliament for the second time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President Bhandari has courted controversy for not authenticating the bill within the timeline set by the constitution. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Nanda Bahadur Pun as well as the ruling coalition parties have heavily criticized the move of the president. On the other hand, the main opposition party CPN-UML has remained silent indicating its support to the president's controversial move.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Vice President Pun remarked that those who are responsible for the protection of the constitution are not allowed to take any action by stepping outside the jurisdiction of the constitution. A statement issued by Vice President Pun on Wednesday reads, “The events developed in the last few days have led to widespread discontent among the people who have voiced concerns that the constitution has not been followed and protected by the main guardians and patrons of the constitution. Those who are responsible for the protection of the constitution are not allowed to go beyond the scope of the constitution.” Recalling the commitment made on the Constitution Day, he urged all parties to follow and protect the constitution.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On Wednesday, a meeting of the ruling coalition labeled the president’s move as unconstitutional and announced for protest programmes. A statement issued after the meeting states that the coalition partners have concluded that the president has failed to follow and protect the constitution by violating the constitutional provision that requires the president to authenticate a bill within 15 days after it is passed by the House of Representatives and the National Assembly for the second time and then submitted to the president. They believe that the president's 'unconstitutional move’ has utterly insulted and undermined the Federal Parliament elected by the people.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The statement also mentions that the children of Nepali parents who have obtained citizenship have been deprived of their constitutional right to obtain citizenship, as well as the basic values of sovereignty, constitutional supremacy and democratic governance guaranteed by the constitution written by the Constituent Assembly due to the president's decision.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Prime Minister Sher Bahadur Deuba discussed the steps taken by the president and the steps to be taken in the coming days with lawyers on Wednesday. According to the sources, the law professional suggested that the government can seek legal remedies against the president's move as unconstitutional. Dikssatisfied with the president's move, the ruling parties are preparing to move the Supreme Court but have not been able to reach a decision.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15793', 'image' => '20220922024909_1663800413.Clipboard13.jpg', 'article_date' => '2022-09-22 14:48:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16051', 'article_category_id' => '1', 'title' => 'Department of Commerce Intensifies Market Monitoring', 'sub_title' => '', 'summary' => 'September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 22: With the festival of Dashain just around the corner, the Department of Commerce, Supply and Consumer Protection has intensified market monitoring to ensure that the general consumers are not cheated during the festive season. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Apart from regular monitoring, the department has formed 11 different committees for the monitoring with special focus on the upcoming festivals. According to the spokesperson of the department, Hari Pangeni the market monitoring will focus on the festivals. He informed that a team of experts from various fields has also been formed for effective market monitoring. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The team of experts will monitor the food market. Pangeni said that separate teams have been deployed to monitor weighing machines along with vegetables, fruits and clothes markets. According to Spokesperson Pangeni, a meeting of various departments and stakeholders on September 16 had decided to intensify market monitoring for the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson Pangeni said that action will be taken against any shop found to be in poor hygienic condition. As the festival approaches, monitoring has been intensified at the district level. At the district level, monitoring has been entrusted under the leadership of the assistant chief district officer. All 753 local units have equal responsibility to monitor the market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Spokesperson of the department added that the authority of monitoring has been delegated to the local level. He said that the administrative officer of the local body and head of the police units have been delegated the authority to monitor the market and take action. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“Currently, monitoring has been intensified across the country, there have been reports of effective monitoring from some districts,” he said. The department has said it is also monitoring the ticket fares in collaboration with the traffic police and transport entrepreneurs as there is the possibility of duping passengers during the festive season.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pangeni further said that they have received complaints of stale and rotten food being served in hotels and high prices are being charged. He informed that a team of food experts has started monitoring in cooperation with the local police and administration so that the travelers are not cheated during the festival. Samples of food and other items obtained from monitoring will be tested in the lab of the Department of Food Technology and Quality Control. Pangeni said that the office has set up testing facilities in 12 different locations. Similarly, the Department of Agriculture has also kept its labs ready for testing at any time. </span></span></span></p> <p><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-22', 'modified' => '2022-09-22', 'keywords' => '', 'description' => '', 'sortorder' => '15792', 'image' => '20220922115304_market monitoring.jpg', 'article_date' => '2022-09-22 11:52:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
