September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday).…
September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday).…
September 19: The leather industries of Nepal are facing financial crisis of late.…
September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and…
September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange…
September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division.…
September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws…
September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such…
September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur…
September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of…
September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this…
September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday.…
September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament.…
September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and…
September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections.…
September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on…
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday). The two-day event is being organised by the Ministry of Forests and Environment with the objective to draw the attention of national and international stakeholders towards the issues and challenges faced by the mountain region due to climate change. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Various organisations from home and abroad including the Food and Agriculture Organisation ( FAO) of the United Nations are participating in the event to discuss the impacts of global warming on mountain region and their effects on the low-lying areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the chief of the Climate Change Division of the ministry, Buddhi Sagar Poudyal, Minister for Forests and Environment Pradeep Yadav and Secretary Dr Pem Narayan Kandel, among others, will be attending the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the summit will bring together national and international experts, activists associated with climate change and biodiversity and government officials to share ideas on the issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dr Kandel said Nepal's mountain region if facing alarming impacts of global warming. As a result. the mountain region is hit by incidences of unusual rainfall and avalanches and is affecting the people's livelihood and bio diversity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Department of Hydrology and Meteorology, temperature in the mountain region is increasing by 0.08 degree Celsius each year. The consequences include an increase in the risk of expansion of glaciers and their outburst. But the issue is yet to get international recognition and attention, says Minister Yadav. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is said that the incidents of natural disasters are on the rise in mountain districts such as Manang, Mustang and Dolpa. According to Minister Yadav, last year's incidents of landslides and avalanches in Manang, Mustang and Sindhupalchowk might be due to the impact of climate change. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-20', 'modified' => '2022-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '15775', 'image' => '20220920090859_mustang.jpg', 'article_date' => '2022-09-20 09:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16033', 'article_category_id' => '1', 'title' => 'Leather Industries of Nepal in Crisis', 'sub_title' => '', 'summary' => 'September 19: The leather industries of Nepal are facing financial crisis of late. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The leather industries of Nepal are facing financial crisis of late. According to Nepal Leather Industry Association, about a dozen industries that prepare leather products in the country are in dire financial state. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">General Secretary of the association Mohammad Junaid Iftakhar says that the leather industries of Nepal are in crisis after failing to compete in the international market. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, only 12 such industries with domestic investment are currently operational in Nepal. General Secretary Iftakkhar says that only the leather of goats and buffaloes are available in Nepal while the country has to import leather of cow and other animals from abroad by incurring high cost. As a result, the leather industries of Nepal are unable to compete in the international market due to high cost of production. The association informed that the cost of chemicals needed for the treatment of the leather is also high. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the production cost is high, the products manufactured in Nepal are unable to compete in the international market, says Binod Kumar Chaudhary, general secretary of Madhes chapter of the association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the 12 leather industries of Nepal, eight are in Bara-Parsa industrial corridor while four are operating in Biratnagar. The association informed that the annual transaction of footwear in Nepal amounts to Rs 5 billion.</span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15774', 'image' => '20220919075752_Leathertools.jpg', 'article_date' => '2022-09-19 19:57:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16032', 'article_category_id' => '1', 'title' => 'Fair Price Shops Opened for Festive Season ', 'sub_title' => '', 'summary' => 'September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. </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 Food Management and Trading Company under the Ministry of Industry, Commerce and Supplies has opened the fair price shops all over the country including the capital, Kathmandu. The shops are being opened to provide daily essentials for the customers at subsidized rates for the Dashain, Tihar and Chhath festivals.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu said that the shops were being operated with the aim of controlling excessive price hike and black marketing during the festive season. According to the minister, the government intends to provide relief to the general public by giving concessions through the shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister Badu said that the main objective to run the fair price shops is to control price hike and to make quality food available in the remote areas. The Dairy Development Corporation will also operate a fair price shop. DDC has also made arrangements for online shopping.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Dr. Toyanarayan Gywalai informed that the government has stepped up market monitoring along with the launch of the fair price shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, he informed that the arrangement of online sales has been arranged so that the consumers can easily buy food items. Gyawali also said that they will make full use of the available physical infrastructure of the state-owned companies to provide effective services to the public. </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 fair price ships have been set up at 45 different locations, including Thapathali of Kathmandu, Nakkhu of Lalitpur, and Suryabinayak of Bhaktapur. Altogether 30 different types of food items are available at the fair price shops which will be operated until the November 1. The shops will be open everyday from 10 am to 5 pm. The FMTC said that a discount of Rs 30 on meat products and Rs 7 on other food items and oil has been arranged. </span></span></span></p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15773', 'image' => '20220919031638_20201123043159_92926.jpg', 'article_date' => '2022-09-19 15:16:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16030', 'article_category_id' => '1', 'title' => 'SEBON Seeks Applications to Issue Three Types of Licenses', 'sub_title' => '', 'summary' => 'September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The board issued a notice on Sunday seeking for applications to issue three types of licenses. The board has informed that a new stock exchange company can submit application within 45 days while the applicants for commodity exchange market and broker license need to apply within 30 days since the publication of the notice.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON Chairman Ramesh Kumar Hamal informed that the board will issue licenses for one stock exchange company and two commodity exchanges. Hamal said that the number of broker licenses has not been disclosed as they are preparing to distribute broker licenses to all those who meet the specified criteria. According to him, three types of broker licenses will be distributed based on the capital structure.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal said that SEBON has set a minimum capital of Rs 200 million, and a maximum of Rs 1.5 billion for the new broker license and a capital of Rs 3 billion for new stock exchange company. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal believes that after the addition of the new stock exchange company, there will be competition in service delivery and the quality of the securities market will improve and be accessible to all the investors. According to Hamal, the general investors will also get an investment opportunity as there is a provision for the general public to get shares worth Rs 90 million in the new stock exchange company. The new stock exchange company with a capital of Rs 3 billion will have 70 percent ownership of the founders, and 30 percent of the general public.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, 50 broker companies are operating in Nepal. The board has made preparations to grant broker licenses to all those who fulfill the prescribed criteria for increasing access to the secondary securities market. Since there is a provision that the broker license should be distributed only after three years from the first time, the board has prepared to give a license to everyone who fulfills the criteria this time.</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' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15772', 'image' => '20220919023409_Sebonnn.jpg', 'article_date' => '2022-09-19 14:33:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16031', 'article_category_id' => '1', 'title' => 'Rainfall in Forecast for Few More Days ', 'sub_title' => '', 'summary' => 'September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. According to meteorologist Heera Bhattarai, the monsoon low pressure trough is above than its normal position in the Nepali territory and therefore, rainfall is likely for a few more days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The monsoon low pressure trough is above its average position near Nepal. Monsoon is nearly towards its end. Since it caused heavy rainfall towards its end in the past, we cannot take it for granted this time as well," she Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Bhattarai, there is possibility of heavy rainfall at one or two places of Province no 1 and Madhes Povince today (September 19). </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"">Although the monsoon is active, it will have general impact, said Bhattarai. Kathmandu Valley experienced warm sunshine since the morning today, but there are chances of light to moderate rainfall towards the afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The monsoon low pressure trough is situated around its average position and the weather will be partly to generally cloudy throughout the country due to its impact, the division stated in its weather bulletin. Light rainfall is occurring at one or two places of Karnali and Gandaki provinces at present. Light to moderate rainfall accompanied with thunder and lightning is in forecast at some places of the country in the afternoon today. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15771', 'image' => '20220919025944_20220909030626_20210701052135_20200511091310_Storm.jpg', 'article_date' => '2022-09-19 14:59:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16029', 'article_category_id' => '1', 'title' => 'Ministry of Forests and Environment Preparing to Declare 'Climate Emergency' ', 'sub_title' => '', 'summary' => 'September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has come to the conclusion that a country like Nepal which is at high risk needs to be serious on this topic as the United Nations itself has said a humanitarian crisis has begun globally due to the impacts of climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Forests and Environment Pradeep Yadav had stated that the government is making plans to draw global attention by declaring 'climate emergency'. The ministry has started carrying out study in this regard by seeking suggestions from the experts concerned. Chief of the ministry's Climate Division, Buddhi Sagar Poudel, said that a study and technical preparation is in progress for declaring a climate emergency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to him, works have been started on collecting the facts and statistics related to the pros and cons of declaring the climate emergency and its impact on particular area, and on analyzing them. The ministry is also preparing a technical team in this connection. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Various national and international organisations have been continuously alerting that Nepal is at high risk of climate change hazards. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">German Watch, an international organisation keeping data on the risk of climate change, has stated that Nepal is in the 10th position among the countries at high risk due to climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, most of the organisations have suggested not to rush in declaring the climate emergency. Experts and the ministry employees have stressed the need for announcing 'climate crisis' in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As of now, the government does not have exact data on losses due to the impact of climate change. Therefore, the experts argue that there is a need to formulate a plan on the issue after announcing 'climate crisis' in the country. Minister for Forest and Environment Pradeep Yadav said it is high time to draw global attention to the impacts of climate change faced by Nepal by announcing 'climate emergency’ in the country. So far, 39 countries across the world have announced 'climate crisis' in their countries. -- RSS </span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15770', 'image' => '20220919010029_global-warming-earth-vector.jpg', 'article_date' => '2022-09-19 12:59:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16028', 'article_category_id' => '1', 'title' => 'Government forms Recommendation Committee on Public Enterprises ', 'sub_title' => '', 'summary' => 'September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises. A meeting of the Council of Ministers held on September 16 took a decision to this effect. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sharing the cabinet decisions on Sunday, Minister for Information and Communication Technology Gyanendra Bahadur Karki confirmed that a decision has been taken to form a recommendation committee on public enterprises. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to a report prepared by Nepal Rastra Bank, excessive political interference, lack of adequate autonomy and accountability, absence of professionalism, rampant financial indiscipline and conflicting goals have been the main reasons responsible for the dismal performance of public enterprises in Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the central bank believes that their performance can be improved by allowing greater autonomy and more accountability by introducing reward and punishment system linked with performance.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the government has appointed Joint Secretary Kali Prasad Parajuli of the Ministry of Agriculture and Livestock Development as the chairman of Kalimati Fruits and Vegetables Market Development Board. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki further said that the cabinet meeting has also decided to recall a bill formed to amend and integrate laws relating to electricity from the parliament. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki told journalists that the cabinet has reverted its decision to acquire 126.46 bighas of land for Biratnager Airport. Two years ago, the then Council of Ministers had given approval to the Civil Aviation Authority of Nepal (CAAN) to acquire the land for the expansion of Biratnagar Airport. </span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15769', 'image' => '20220919122145_RS_KTM_MantriKarki-1.jpg', 'article_date' => '2022-09-19 12:21:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16027', 'article_category_id' => '1', 'title' => 'Expert Group Suggests Building Airport in Nijgadh by Minimizing Environmental Damage', 'sub_title' => '', 'summary' => 'September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coordinator of the experts' group Birendra Bahadur Deuja handed over the report to the PM in the presence of Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha, amidst a programme at the prime minister's official residence in Baluwatar on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group was formed as per a decision made by the government on August 11 in pursuant to a mandamus order of the Supreme Court. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has concluded that an international airport with full-capacity is needed to handle the increasing air traffic for the long-term development and prosperity of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the report, around 4,000 hectares area lying between the Pasaha River and the Bakaiya River adjoining the East-West Highway and the Kathmandu-Tarai Express Way would be an appropriate location for the proposed international airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has recommended the government to abandon the concept of 'airport city' keeping in mind the Supreme Court's order to reduce environmental damage due to the felling of trees. It has also recommended to declare around 9,000 hectares as protected zone and to construct the airport in about 4,000 hectares of land in different phases.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report has recommended that the airport management should carry out works like prevention of river erosion and other conservation works including protection of trees in the remaining areas. It has stated that trees in only around 1,500 hectares of land should be cut in the first phase and has suggested not to cut the trees in the remaining areas until the commencement of the second phase of construction works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated in the report that the construction of the airport should be done by preparing an environmental management plan after fulfilling its legal process and procedures and taking the necessary approval. The experts’ group has also reminded the government about its constitutional obligation to make the necessary legal arrangements for maintaining appropriate balance between development and the environment while carrying out development works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is also mentioned in the report that the delay in the construction of the full-capacity international airport will increase the cost, which will ultimately delay the development of Nepal. In this context, the report has suggested to form a development authority with special powers to build the airport on a time-bound manner at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, PM Deuba stressed on the need of constructing the international airport in war footing. He also thanked the experts' team for timely completion of its works and responsibility. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15768', 'image' => '20220919105145_nijgadh.jpg', 'article_date' => '2022-09-19 10:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16026', 'article_category_id' => '1', 'title' => 'World Bank to Provide Concessional Loans for Digital Transformation and Trade Connectivity', 'sub_title' => '', 'summary' => 'September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A statement issued by the World Bank says that it will provide $275 million (equivalent to Rs 34.96 billion) for the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project and $140 million (equivalent to Rs 17.79 billion) for the Digital Nepal Acceleration (DNA) Project.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Finance Secretary Krishna Hari Pushkar and the World Bank’s Country Director for the Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, signed the agreement on behalf of their respective organisations amid a programme on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The projects will help unlock Nepal’s economic potential through better connectivity and trade, enhanced digital engagement among people and businesses, and access to regional markets to support the socio-economic development in an inclusive manner,” the statement quoted Finance Secretary Pushkar as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the Accelerating Nepal’s Regional Transport and Trade Connectivity Project, the 69 kilometer two-lane section of the Butwal-Gorusinghe-Chandrauta road along the East-West Highway will be upgraded to a climate-resilient four-lane highway, reads the statement. With a focus on ensuring better road safety, the project is expected to reduce travel time by 30 percent, thus providing better access to India’s western seaports. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the World Bank, the project will construct at least three market areas with required internet and trade information facilities along the highway to help enhance economic opportunities, especially for women entrepreneurs and traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, the Digital Nepal Acceleration Project supports the implementation of the Digital Nepal Framework, the country’s digital economy strategy that was announced by the Government in 2019. The project will mobilize private capital to increase access to broadband services in rural areas, benefitting people and businesses that are currently not connected to high-quality and affordable internet connectivity, added the statement. It will also support and secure the delivery of digital government services through improvements in Nepal’s public data infrastructure and cybersecurity capabilities, increasing access to digital services by women, ethnic and social minorities, and persons with disabilities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The World Bank is committed to support regional integration and digital transformation in Nepal to ensure the country’s trade growth, long-term sustainability, and resilience of investments, and enable an innovative digital economy,” said Faris Hadad-Zervos, World Bank’s country director for the Maldives, Nepal, and Sri Lanka.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15767', 'image' => '20220919095920_RS_KTM_008A754909182022c.jpg', 'article_date' => '2022-09-19 09:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16022', 'article_category_id' => '1', 'title' => '11:51 am Auspicious Period for Dashain Tika ', 'sub_title' => '', 'summary' => 'September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The auspicious time for immersing the statue of goddess Durga is at 10:34 am the same day, according to the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“Although one can offer and receive tika and blessings throughout the day, the auspicious hour for it is determined at 11:51 am,” said Prof Shree Krishna Adhikari, chairperson of the committee. </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"">Tika is a mixture of rice grains, red vermillion and curd, which is put on the forehead as a blessing from goddess Durga on the 10th day of the Dashain festival. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the auspicious time for Ghatasthapana, the first day of the Dashain festival, is 10:23 am on September 26. Ghatasthapana is the auspicious occasion wherein sacred Jamara or the newly germinated barley or maize shoots that are put behind the ears or on the head as an auspicious items, are grown. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15766', 'image' => '20220918023227_maxresdefault.jpg', 'article_date' => '2022-09-18 14:26:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16025', 'article_category_id' => '1', 'title' => 'Nepal Pakistan Friendship Trade Fair Underway in Kathmandu', 'sub_title' => '', 'summary' => 'September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. Pakistan’s ambassador to Nepal Syed Haider Shah inaugurated the Pakistan and Nepal Friendship Trade Fair 2022 amid a programme at Tripureshwar-based United World Trade Centre on Saturday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">On the occasion, Ambassador Shah said that he expects the exhibition to play a positive role in strengthening the friendly relations between Nepal and Pakistan and to promote bilateral trade as well.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This exhibition is an example of a perfect trade relations between Nepal and Pakistan, said Ambassador Shah. He further shared that both the countries can benefit from the fair because it exhibits home-grown products of both the countries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Suman Maharjan, managing director of Introduction Trade Show, the organizer of the event, shared that the exhibition will help boost economic activities between the two countries. He further said that the leather products manufactured in Pakistan has a good market in Nepal while the handicraft products of Nepal are in high demand in Pakistan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Products such as furniture, leather items, handicraft, clothes, sarees, kurthas, bed sheets, shoes, slippers, jewelries and ornaments among others are being displayed in the trade fair which will run till September 22. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mohan Sunuwar, proprietor of BS Local Organic Private Limited informed New Business Age that they are displaying apples and potatoes from Mustang and other organic products during the exhibition. He said that there is enthusiastic participation from Nepal as well as neighbouring countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This trade fair is being organized annually since more than a decade in collaboration between the embassies of Nepal and Pakistan. This year, even Indian and Bangladesh have set up their stalls. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15765', 'image' => '20220918035431_IMG-20220918-WA0001.jpg', 'article_date' => '2022-09-18 15:53:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16024', 'article_category_id' => '266', 'title' => 'Shyam Tamang bags Surya Nepal Monthly Medal', 'sub_title' => '', 'summary' => 'September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. Tamang carded six under 66 to win the title of ninth edition of 'Surya Nepal Gokarna Monthly Medal' on Saturday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Chhewang Sherpa scored 4 under 68 and secured the second position. Babu Sherpa tied with Ram Chandra Limbu at 3 under 69 for the third position.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Tashi Dong scored a 2 over 74 and won the title of best gross. Astina Tandon won the women's title by scoring 72 points after playing even par. Forty two players participated in the tournament which was played in stroke play format. The winner of this competition, which was sponsored by Surya Nepal, received awards from Dr. Bhagwan Koirala.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">By the end of the ninth edition, Babu Sherpa sits at the top of the club championship with a total of 280 points. Randeep Thapa stands second with 215 points followed by Shyam Tamang, who has scored 200 points. Karn Thapa dropped to fourth position with 195 points. Similarly, Purna Bahadur Rai is fifth with 125 points, Sameer Acharya is sixth with 130 points and Pavitra Kumar Karki is seventh with 125 points. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pradeep KC, Ang Dorje Sherpa and Chhewang Sherpa are ranked 8th to 10th in the list with 120 points, 115 points and 95 points respectively.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the gross category, Tashi Chhiring is at the top position with 365 points. Wangchen Dhondup, Bijay Shrestha, Tashi Dong and Surendra Phuyal are second to fifth positions respectively. After the monthly medal which is scheduled to be held next month, the top 40 in the net category and the top 20 in the gross category will be eligible for the last two rounds to be held in November and December. From this tournament, the net and gross category club winners will be announced.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15764', 'image' => '20220918031540_1663454994.Clipboard05.jpg', 'article_date' => '2022-09-18 15:14:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16023', 'article_category_id' => '266', 'title' => 'Chachan Group Ventures into Entertainment Sector', 'sub_title' => '', 'summary' => 'September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Chachan Group, the Thrill Factory is an entertainment-oriented commercial enterprise in Chainpur of Birgunj-Pathalaiya Industrial Corridor. It is a first-of-it-kind enterprise that provides entertainment along with physical exercise activities for the targeted groups.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nikhil Chachan, director of Chachan Group, said that Thrill Factory has been opened to as per the demand to meet the interests of all children and adults in Birgunj. He said that the Thrill Factory comprises 15 types of entertainment activities under one roof.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We believe that it will be useful for children and their parents to spend quality time during the holidays. The entertainment activities here are prepared in such a way that they are helpful for the children's knowledge and personality development as well,” said Chachan. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Visitors to the Thrill Factory can enjoy activities such as Tumbling Park, net cricket, rope course, jeep cycling, bull ride, human zero, and shooting range, go carting, wall climbing, basket ball, etc. Chachan claimed that this establishment is for entertainment as well as for physical exercise. A dance floor as well has been arranged for children.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Considering the convenience of the customers, a restaurant has also been brought into operation on the same premises. This fully air-conditioned entertainment venue, prepared with an investment of around Rs 200 million, mainly targets customers from Bara, Parsa, Rautahat, Makwanpur and neighboring India.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15763', 'image' => '20220918025505_1663421957.jpg', 'article_date' => '2022-09-18 14:54:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16021', 'article_category_id' => '1', 'title' => 'Finance Ministry Struggling to Secure Funds for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. The revenue collection of the government has slumped in recent months due to the ban imposed on the import of luxury goods following pressure on the foreign exchange reserves. As a result, the finance ministry is struggling to secure funds for the election as well as for other purposes. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Data show that the government has been collecting revenue worth Rs 1 to 2 billion a day. The government’s expenditure is almost Rs 14 billion a day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Records maintained by the Financial Comptroller General’s Office show that the government collected revenue worth Rs 1.54 billion last Friday while it spent Rs 5.6 billion the same day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Officials of the finance ministry admit that they are facing problems in securing funds for the election due to the disparity in government’s income and expenditure.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Financial advisor to the ministry, Dr Shalikram Pokharel, says that the entire economy has been affected by the ban on import of luxury goods by the government. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">“The ban has helped Nepal shift towards self-reliance but the revenue collection has been hampered because we have an import-oriented economy,” said Pokharel.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government had imposed a ban on import of luxury goods since last winter to ease the pressure on the foreign exchange reserves. It has directly affected the revenue collection of the government. Officials of the ministry say that the revenue collection will pick up pace as the government has lifted the ban on six out of tem items since September.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to Pokharel, the increase in inflow of remittance in recent days has improved the foreign exchange reserves which can now sustain imports for at least eight months. The ministry believes that this will help in securing funds for the election and also to improve the overall economy.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government is also seeking support from donor agencies to secure funds for the election in terms of technical assistance. Finance Minister Janardan Sharma has been requesting foreign delegates to support the country financially for the election. However, sources at the finance ministry say that despite official letters sent to various countries seeking financial assistance for the election the government has only received assurance so far. It is still not certain whether Nepal will receive financial assistance or not. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">It is estimated that around Rs 20 billion will be required for holding the elections on the scheduled date and to make security arrangements for the election. The ministry is yet to secure funds to this end.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, it has been learnt that the ministry is planning to secure funds or Rs 10 billion for the November 20 elections. The Election Commission has sought more than Rs 11 billion from the government.</span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15762', 'image' => '20220918012740_finance_ministry_copy1.jpg', 'article_date' => '2022-09-18 13:27:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16020', 'article_category_id' => '1', 'title' => 'House of Representatives Completes its Five-Year Term ', 'sub_title' => '', 'summary' => 'September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR was dissolved in December 2020 and in May 2021 but was reinstated both the times by the Supreme Court's verdict. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the last meeting of this HoR on Saturday, Speaker Agni Prasad Sapkota said that the history will obviously recall the efforts taken for the complete tenure of the HoR. "Dissolution of the HoR for two times and its restoration is perhaps the first of its incident in the world's parliamentary history. I am confident that this HoR that existed for its full term will be an exemplary model for the future," Speaker Sapkota added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The historic unity among the parties in the HoR of the Federal Parliament in regard to issuing the political map of Nepal including Limiyadhura, Lipulek and Kalapani would be remembered for once and always. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Participations and addresses by Nepal's parliamentarians in different international forums on behalf of Nepal have helped increase visibility of the HoR as well as the visits happened from different countries and meetings and interaction events have helped in the exchanges of good parliamentary practices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Recently, the visit from the Standing Committee Chairman of the National People's Congress of the People's Republic of China, Li Zhanshu, also marked a milestone for the inter-parliamentary cooperation between Nepal's HoR and China's NPC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the roles played by parliamentary committees during this tenure are also remarkable, for which, Speaker Sapkota expressed his gratitude for the roles of the lawmakers for their presence, active participation and consultations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR has also reaffirmed that higher level of understanding and cooperation of the political parties is imperative for the success of the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Speaker Sapkota expressed the hope that the HoR members will make contributions from their side for the successful completion of the HoR election slated for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the 11th session of the HoR that continued for 124 days passed 16 bills altogether from among 42 bills received from previous sessions of the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Federal Parliament Secretariat, seven bills are under consideration in different parliamentary committees and seven others are tabled in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15761', 'image' => '20220918010257_parliament building.jpg', 'article_date' => '2022-09-18 13:02:20', '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
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday). The two-day event is being organised by the Ministry of Forests and Environment with the objective to draw the attention of national and international stakeholders towards the issues and challenges faced by the mountain region due to climate change. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Various organisations from home and abroad including the Food and Agriculture Organisation ( FAO) of the United Nations are participating in the event to discuss the impacts of global warming on mountain region and their effects on the low-lying areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the chief of the Climate Change Division of the ministry, Buddhi Sagar Poudyal, Minister for Forests and Environment Pradeep Yadav and Secretary Dr Pem Narayan Kandel, among others, will be attending the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the summit will bring together national and international experts, activists associated with climate change and biodiversity and government officials to share ideas on the issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dr Kandel said Nepal's mountain region if facing alarming impacts of global warming. As a result. the mountain region is hit by incidences of unusual rainfall and avalanches and is affecting the people's livelihood and bio diversity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Department of Hydrology and Meteorology, temperature in the mountain region is increasing by 0.08 degree Celsius each year. The consequences include an increase in the risk of expansion of glaciers and their outburst. But the issue is yet to get international recognition and attention, says Minister Yadav. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is said that the incidents of natural disasters are on the rise in mountain districts such as Manang, Mustang and Dolpa. According to Minister Yadav, last year's incidents of landslides and avalanches in Manang, Mustang and Sindhupalchowk might be due to the impact of climate change. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-20', 'modified' => '2022-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '15775', 'image' => '20220920090859_mustang.jpg', 'article_date' => '2022-09-20 09:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16033', 'article_category_id' => '1', 'title' => 'Leather Industries of Nepal in Crisis', 'sub_title' => '', 'summary' => 'September 19: The leather industries of Nepal are facing financial crisis of late. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The leather industries of Nepal are facing financial crisis of late. According to Nepal Leather Industry Association, about a dozen industries that prepare leather products in the country are in dire financial state. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">General Secretary of the association Mohammad Junaid Iftakhar says that the leather industries of Nepal are in crisis after failing to compete in the international market. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, only 12 such industries with domestic investment are currently operational in Nepal. General Secretary Iftakkhar says that only the leather of goats and buffaloes are available in Nepal while the country has to import leather of cow and other animals from abroad by incurring high cost. As a result, the leather industries of Nepal are unable to compete in the international market due to high cost of production. The association informed that the cost of chemicals needed for the treatment of the leather is also high. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the production cost is high, the products manufactured in Nepal are unable to compete in the international market, says Binod Kumar Chaudhary, general secretary of Madhes chapter of the association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the 12 leather industries of Nepal, eight are in Bara-Parsa industrial corridor while four are operating in Biratnagar. The association informed that the annual transaction of footwear in Nepal amounts to Rs 5 billion.</span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15774', 'image' => '20220919075752_Leathertools.jpg', 'article_date' => '2022-09-19 19:57:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16032', 'article_category_id' => '1', 'title' => 'Fair Price Shops Opened for Festive Season ', 'sub_title' => '', 'summary' => 'September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. </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 Food Management and Trading Company under the Ministry of Industry, Commerce and Supplies has opened the fair price shops all over the country including the capital, Kathmandu. The shops are being opened to provide daily essentials for the customers at subsidized rates for the Dashain, Tihar and Chhath festivals.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu said that the shops were being operated with the aim of controlling excessive price hike and black marketing during the festive season. According to the minister, the government intends to provide relief to the general public by giving concessions through the shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister Badu said that the main objective to run the fair price shops is to control price hike and to make quality food available in the remote areas. The Dairy Development Corporation will also operate a fair price shop. DDC has also made arrangements for online shopping.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Dr. Toyanarayan Gywalai informed that the government has stepped up market monitoring along with the launch of the fair price shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, he informed that the arrangement of online sales has been arranged so that the consumers can easily buy food items. Gyawali also said that they will make full use of the available physical infrastructure of the state-owned companies to provide effective services to the public. </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 fair price ships have been set up at 45 different locations, including Thapathali of Kathmandu, Nakkhu of Lalitpur, and Suryabinayak of Bhaktapur. Altogether 30 different types of food items are available at the fair price shops which will be operated until the November 1. The shops will be open everyday from 10 am to 5 pm. The FMTC said that a discount of Rs 30 on meat products and Rs 7 on other food items and oil has been arranged. </span></span></span></p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15773', 'image' => '20220919031638_20201123043159_92926.jpg', 'article_date' => '2022-09-19 15:16:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16030', 'article_category_id' => '1', 'title' => 'SEBON Seeks Applications to Issue Three Types of Licenses', 'sub_title' => '', 'summary' => 'September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The board issued a notice on Sunday seeking for applications to issue three types of licenses. The board has informed that a new stock exchange company can submit application within 45 days while the applicants for commodity exchange market and broker license need to apply within 30 days since the publication of the notice.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON Chairman Ramesh Kumar Hamal informed that the board will issue licenses for one stock exchange company and two commodity exchanges. Hamal said that the number of broker licenses has not been disclosed as they are preparing to distribute broker licenses to all those who meet the specified criteria. According to him, three types of broker licenses will be distributed based on the capital structure.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal said that SEBON has set a minimum capital of Rs 200 million, and a maximum of Rs 1.5 billion for the new broker license and a capital of Rs 3 billion for new stock exchange company. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal believes that after the addition of the new stock exchange company, there will be competition in service delivery and the quality of the securities market will improve and be accessible to all the investors. According to Hamal, the general investors will also get an investment opportunity as there is a provision for the general public to get shares worth Rs 90 million in the new stock exchange company. The new stock exchange company with a capital of Rs 3 billion will have 70 percent ownership of the founders, and 30 percent of the general public.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, 50 broker companies are operating in Nepal. The board has made preparations to grant broker licenses to all those who fulfill the prescribed criteria for increasing access to the secondary securities market. Since there is a provision that the broker license should be distributed only after three years from the first time, the board has prepared to give a license to everyone who fulfills the criteria this time.</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' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15772', 'image' => '20220919023409_Sebonnn.jpg', 'article_date' => '2022-09-19 14:33:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16031', 'article_category_id' => '1', 'title' => 'Rainfall in Forecast for Few More Days ', 'sub_title' => '', 'summary' => 'September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. According to meteorologist Heera Bhattarai, the monsoon low pressure trough is above than its normal position in the Nepali territory and therefore, rainfall is likely for a few more days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The monsoon low pressure trough is above its average position near Nepal. Monsoon is nearly towards its end. Since it caused heavy rainfall towards its end in the past, we cannot take it for granted this time as well," she Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Bhattarai, there is possibility of heavy rainfall at one or two places of Province no 1 and Madhes Povince today (September 19). </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"">Although the monsoon is active, it will have general impact, said Bhattarai. Kathmandu Valley experienced warm sunshine since the morning today, but there are chances of light to moderate rainfall towards the afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The monsoon low pressure trough is situated around its average position and the weather will be partly to generally cloudy throughout the country due to its impact, the division stated in its weather bulletin. Light rainfall is occurring at one or two places of Karnali and Gandaki provinces at present. Light to moderate rainfall accompanied with thunder and lightning is in forecast at some places of the country in the afternoon today. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15771', 'image' => '20220919025944_20220909030626_20210701052135_20200511091310_Storm.jpg', 'article_date' => '2022-09-19 14:59:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16029', 'article_category_id' => '1', 'title' => 'Ministry of Forests and Environment Preparing to Declare 'Climate Emergency' ', 'sub_title' => '', 'summary' => 'September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has come to the conclusion that a country like Nepal which is at high risk needs to be serious on this topic as the United Nations itself has said a humanitarian crisis has begun globally due to the impacts of climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Forests and Environment Pradeep Yadav had stated that the government is making plans to draw global attention by declaring 'climate emergency'. The ministry has started carrying out study in this regard by seeking suggestions from the experts concerned. Chief of the ministry's Climate Division, Buddhi Sagar Poudel, said that a study and technical preparation is in progress for declaring a climate emergency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to him, works have been started on collecting the facts and statistics related to the pros and cons of declaring the climate emergency and its impact on particular area, and on analyzing them. The ministry is also preparing a technical team in this connection. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Various national and international organisations have been continuously alerting that Nepal is at high risk of climate change hazards. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">German Watch, an international organisation keeping data on the risk of climate change, has stated that Nepal is in the 10th position among the countries at high risk due to climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, most of the organisations have suggested not to rush in declaring the climate emergency. Experts and the ministry employees have stressed the need for announcing 'climate crisis' in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As of now, the government does not have exact data on losses due to the impact of climate change. Therefore, the experts argue that there is a need to formulate a plan on the issue after announcing 'climate crisis' in the country. Minister for Forest and Environment Pradeep Yadav said it is high time to draw global attention to the impacts of climate change faced by Nepal by announcing 'climate emergency’ in the country. So far, 39 countries across the world have announced 'climate crisis' in their countries. -- RSS </span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15770', 'image' => '20220919010029_global-warming-earth-vector.jpg', 'article_date' => '2022-09-19 12:59:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16028', 'article_category_id' => '1', 'title' => 'Government forms Recommendation Committee on Public Enterprises ', 'sub_title' => '', 'summary' => 'September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises. A meeting of the Council of Ministers held on September 16 took a decision to this effect. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sharing the cabinet decisions on Sunday, Minister for Information and Communication Technology Gyanendra Bahadur Karki confirmed that a decision has been taken to form a recommendation committee on public enterprises. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to a report prepared by Nepal Rastra Bank, excessive political interference, lack of adequate autonomy and accountability, absence of professionalism, rampant financial indiscipline and conflicting goals have been the main reasons responsible for the dismal performance of public enterprises in Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the central bank believes that their performance can be improved by allowing greater autonomy and more accountability by introducing reward and punishment system linked with performance.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the government has appointed Joint Secretary Kali Prasad Parajuli of the Ministry of Agriculture and Livestock Development as the chairman of Kalimati Fruits and Vegetables Market Development Board. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki further said that the cabinet meeting has also decided to recall a bill formed to amend and integrate laws relating to electricity from the parliament. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki told journalists that the cabinet has reverted its decision to acquire 126.46 bighas of land for Biratnager Airport. Two years ago, the then Council of Ministers had given approval to the Civil Aviation Authority of Nepal (CAAN) to acquire the land for the expansion of Biratnagar Airport. </span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15769', 'image' => '20220919122145_RS_KTM_MantriKarki-1.jpg', 'article_date' => '2022-09-19 12:21:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16027', 'article_category_id' => '1', 'title' => 'Expert Group Suggests Building Airport in Nijgadh by Minimizing Environmental Damage', 'sub_title' => '', 'summary' => 'September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coordinator of the experts' group Birendra Bahadur Deuja handed over the report to the PM in the presence of Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha, amidst a programme at the prime minister's official residence in Baluwatar on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group was formed as per a decision made by the government on August 11 in pursuant to a mandamus order of the Supreme Court. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has concluded that an international airport with full-capacity is needed to handle the increasing air traffic for the long-term development and prosperity of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the report, around 4,000 hectares area lying between the Pasaha River and the Bakaiya River adjoining the East-West Highway and the Kathmandu-Tarai Express Way would be an appropriate location for the proposed international airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has recommended the government to abandon the concept of 'airport city' keeping in mind the Supreme Court's order to reduce environmental damage due to the felling of trees. It has also recommended to declare around 9,000 hectares as protected zone and to construct the airport in about 4,000 hectares of land in different phases.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report has recommended that the airport management should carry out works like prevention of river erosion and other conservation works including protection of trees in the remaining areas. It has stated that trees in only around 1,500 hectares of land should be cut in the first phase and has suggested not to cut the trees in the remaining areas until the commencement of the second phase of construction works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated in the report that the construction of the airport should be done by preparing an environmental management plan after fulfilling its legal process and procedures and taking the necessary approval. The experts’ group has also reminded the government about its constitutional obligation to make the necessary legal arrangements for maintaining appropriate balance between development and the environment while carrying out development works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is also mentioned in the report that the delay in the construction of the full-capacity international airport will increase the cost, which will ultimately delay the development of Nepal. In this context, the report has suggested to form a development authority with special powers to build the airport on a time-bound manner at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, PM Deuba stressed on the need of constructing the international airport in war footing. He also thanked the experts' team for timely completion of its works and responsibility. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15768', 'image' => '20220919105145_nijgadh.jpg', 'article_date' => '2022-09-19 10:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16026', 'article_category_id' => '1', 'title' => 'World Bank to Provide Concessional Loans for Digital Transformation and Trade Connectivity', 'sub_title' => '', 'summary' => 'September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A statement issued by the World Bank says that it will provide $275 million (equivalent to Rs 34.96 billion) for the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project and $140 million (equivalent to Rs 17.79 billion) for the Digital Nepal Acceleration (DNA) Project.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Finance Secretary Krishna Hari Pushkar and the World Bank’s Country Director for the Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, signed the agreement on behalf of their respective organisations amid a programme on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The projects will help unlock Nepal’s economic potential through better connectivity and trade, enhanced digital engagement among people and businesses, and access to regional markets to support the socio-economic development in an inclusive manner,” the statement quoted Finance Secretary Pushkar as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the Accelerating Nepal’s Regional Transport and Trade Connectivity Project, the 69 kilometer two-lane section of the Butwal-Gorusinghe-Chandrauta road along the East-West Highway will be upgraded to a climate-resilient four-lane highway, reads the statement. With a focus on ensuring better road safety, the project is expected to reduce travel time by 30 percent, thus providing better access to India’s western seaports. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the World Bank, the project will construct at least three market areas with required internet and trade information facilities along the highway to help enhance economic opportunities, especially for women entrepreneurs and traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, the Digital Nepal Acceleration Project supports the implementation of the Digital Nepal Framework, the country’s digital economy strategy that was announced by the Government in 2019. The project will mobilize private capital to increase access to broadband services in rural areas, benefitting people and businesses that are currently not connected to high-quality and affordable internet connectivity, added the statement. It will also support and secure the delivery of digital government services through improvements in Nepal’s public data infrastructure and cybersecurity capabilities, increasing access to digital services by women, ethnic and social minorities, and persons with disabilities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The World Bank is committed to support regional integration and digital transformation in Nepal to ensure the country’s trade growth, long-term sustainability, and resilience of investments, and enable an innovative digital economy,” said Faris Hadad-Zervos, World Bank’s country director for the Maldives, Nepal, and Sri Lanka.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15767', 'image' => '20220919095920_RS_KTM_008A754909182022c.jpg', 'article_date' => '2022-09-19 09:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16022', 'article_category_id' => '1', 'title' => '11:51 am Auspicious Period for Dashain Tika ', 'sub_title' => '', 'summary' => 'September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The auspicious time for immersing the statue of goddess Durga is at 10:34 am the same day, according to the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“Although one can offer and receive tika and blessings throughout the day, the auspicious hour for it is determined at 11:51 am,” said Prof Shree Krishna Adhikari, chairperson of the committee. </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"">Tika is a mixture of rice grains, red vermillion and curd, which is put on the forehead as a blessing from goddess Durga on the 10th day of the Dashain festival. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the auspicious time for Ghatasthapana, the first day of the Dashain festival, is 10:23 am on September 26. Ghatasthapana is the auspicious occasion wherein sacred Jamara or the newly germinated barley or maize shoots that are put behind the ears or on the head as an auspicious items, are grown. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15766', 'image' => '20220918023227_maxresdefault.jpg', 'article_date' => '2022-09-18 14:26:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16025', 'article_category_id' => '1', 'title' => 'Nepal Pakistan Friendship Trade Fair Underway in Kathmandu', 'sub_title' => '', 'summary' => 'September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. Pakistan’s ambassador to Nepal Syed Haider Shah inaugurated the Pakistan and Nepal Friendship Trade Fair 2022 amid a programme at Tripureshwar-based United World Trade Centre on Saturday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">On the occasion, Ambassador Shah said that he expects the exhibition to play a positive role in strengthening the friendly relations between Nepal and Pakistan and to promote bilateral trade as well.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This exhibition is an example of a perfect trade relations between Nepal and Pakistan, said Ambassador Shah. He further shared that both the countries can benefit from the fair because it exhibits home-grown products of both the countries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Suman Maharjan, managing director of Introduction Trade Show, the organizer of the event, shared that the exhibition will help boost economic activities between the two countries. He further said that the leather products manufactured in Pakistan has a good market in Nepal while the handicraft products of Nepal are in high demand in Pakistan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Products such as furniture, leather items, handicraft, clothes, sarees, kurthas, bed sheets, shoes, slippers, jewelries and ornaments among others are being displayed in the trade fair which will run till September 22. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mohan Sunuwar, proprietor of BS Local Organic Private Limited informed New Business Age that they are displaying apples and potatoes from Mustang and other organic products during the exhibition. He said that there is enthusiastic participation from Nepal as well as neighbouring countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This trade fair is being organized annually since more than a decade in collaboration between the embassies of Nepal and Pakistan. This year, even Indian and Bangladesh have set up their stalls. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15765', 'image' => '20220918035431_IMG-20220918-WA0001.jpg', 'article_date' => '2022-09-18 15:53:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16024', 'article_category_id' => '266', 'title' => 'Shyam Tamang bags Surya Nepal Monthly Medal', 'sub_title' => '', 'summary' => 'September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. Tamang carded six under 66 to win the title of ninth edition of 'Surya Nepal Gokarna Monthly Medal' on Saturday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Chhewang Sherpa scored 4 under 68 and secured the second position. Babu Sherpa tied with Ram Chandra Limbu at 3 under 69 for the third position.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Tashi Dong scored a 2 over 74 and won the title of best gross. Astina Tandon won the women's title by scoring 72 points after playing even par. Forty two players participated in the tournament which was played in stroke play format. The winner of this competition, which was sponsored by Surya Nepal, received awards from Dr. Bhagwan Koirala.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">By the end of the ninth edition, Babu Sherpa sits at the top of the club championship with a total of 280 points. Randeep Thapa stands second with 215 points followed by Shyam Tamang, who has scored 200 points. Karn Thapa dropped to fourth position with 195 points. Similarly, Purna Bahadur Rai is fifth with 125 points, Sameer Acharya is sixth with 130 points and Pavitra Kumar Karki is seventh with 125 points. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pradeep KC, Ang Dorje Sherpa and Chhewang Sherpa are ranked 8th to 10th in the list with 120 points, 115 points and 95 points respectively.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the gross category, Tashi Chhiring is at the top position with 365 points. Wangchen Dhondup, Bijay Shrestha, Tashi Dong and Surendra Phuyal are second to fifth positions respectively. After the monthly medal which is scheduled to be held next month, the top 40 in the net category and the top 20 in the gross category will be eligible for the last two rounds to be held in November and December. From this tournament, the net and gross category club winners will be announced.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15764', 'image' => '20220918031540_1663454994.Clipboard05.jpg', 'article_date' => '2022-09-18 15:14:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16023', 'article_category_id' => '266', 'title' => 'Chachan Group Ventures into Entertainment Sector', 'sub_title' => '', 'summary' => 'September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Chachan Group, the Thrill Factory is an entertainment-oriented commercial enterprise in Chainpur of Birgunj-Pathalaiya Industrial Corridor. It is a first-of-it-kind enterprise that provides entertainment along with physical exercise activities for the targeted groups.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nikhil Chachan, director of Chachan Group, said that Thrill Factory has been opened to as per the demand to meet the interests of all children and adults in Birgunj. He said that the Thrill Factory comprises 15 types of entertainment activities under one roof.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We believe that it will be useful for children and their parents to spend quality time during the holidays. The entertainment activities here are prepared in such a way that they are helpful for the children's knowledge and personality development as well,” said Chachan. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Visitors to the Thrill Factory can enjoy activities such as Tumbling Park, net cricket, rope course, jeep cycling, bull ride, human zero, and shooting range, go carting, wall climbing, basket ball, etc. Chachan claimed that this establishment is for entertainment as well as for physical exercise. A dance floor as well has been arranged for children.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Considering the convenience of the customers, a restaurant has also been brought into operation on the same premises. This fully air-conditioned entertainment venue, prepared with an investment of around Rs 200 million, mainly targets customers from Bara, Parsa, Rautahat, Makwanpur and neighboring India.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15763', 'image' => '20220918025505_1663421957.jpg', 'article_date' => '2022-09-18 14:54:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16021', 'article_category_id' => '1', 'title' => 'Finance Ministry Struggling to Secure Funds for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. The revenue collection of the government has slumped in recent months due to the ban imposed on the import of luxury goods following pressure on the foreign exchange reserves. As a result, the finance ministry is struggling to secure funds for the election as well as for other purposes. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Data show that the government has been collecting revenue worth Rs 1 to 2 billion a day. The government’s expenditure is almost Rs 14 billion a day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Records maintained by the Financial Comptroller General’s Office show that the government collected revenue worth Rs 1.54 billion last Friday while it spent Rs 5.6 billion the same day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Officials of the finance ministry admit that they are facing problems in securing funds for the election due to the disparity in government’s income and expenditure.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Financial advisor to the ministry, Dr Shalikram Pokharel, says that the entire economy has been affected by the ban on import of luxury goods by the government. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">“The ban has helped Nepal shift towards self-reliance but the revenue collection has been hampered because we have an import-oriented economy,” said Pokharel.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government had imposed a ban on import of luxury goods since last winter to ease the pressure on the foreign exchange reserves. It has directly affected the revenue collection of the government. Officials of the ministry say that the revenue collection will pick up pace as the government has lifted the ban on six out of tem items since September.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to Pokharel, the increase in inflow of remittance in recent days has improved the foreign exchange reserves which can now sustain imports for at least eight months. The ministry believes that this will help in securing funds for the election and also to improve the overall economy.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government is also seeking support from donor agencies to secure funds for the election in terms of technical assistance. Finance Minister Janardan Sharma has been requesting foreign delegates to support the country financially for the election. However, sources at the finance ministry say that despite official letters sent to various countries seeking financial assistance for the election the government has only received assurance so far. It is still not certain whether Nepal will receive financial assistance or not. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">It is estimated that around Rs 20 billion will be required for holding the elections on the scheduled date and to make security arrangements for the election. The ministry is yet to secure funds to this end.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, it has been learnt that the ministry is planning to secure funds or Rs 10 billion for the November 20 elections. The Election Commission has sought more than Rs 11 billion from the government.</span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15762', 'image' => '20220918012740_finance_ministry_copy1.jpg', 'article_date' => '2022-09-18 13:27:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16020', 'article_category_id' => '1', 'title' => 'House of Representatives Completes its Five-Year Term ', 'sub_title' => '', 'summary' => 'September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR was dissolved in December 2020 and in May 2021 but was reinstated both the times by the Supreme Court's verdict. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the last meeting of this HoR on Saturday, Speaker Agni Prasad Sapkota said that the history will obviously recall the efforts taken for the complete tenure of the HoR. "Dissolution of the HoR for two times and its restoration is perhaps the first of its incident in the world's parliamentary history. I am confident that this HoR that existed for its full term will be an exemplary model for the future," Speaker Sapkota added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The historic unity among the parties in the HoR of the Federal Parliament in regard to issuing the political map of Nepal including Limiyadhura, Lipulek and Kalapani would be remembered for once and always. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Participations and addresses by Nepal's parliamentarians in different international forums on behalf of Nepal have helped increase visibility of the HoR as well as the visits happened from different countries and meetings and interaction events have helped in the exchanges of good parliamentary practices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Recently, the visit from the Standing Committee Chairman of the National People's Congress of the People's Republic of China, Li Zhanshu, also marked a milestone for the inter-parliamentary cooperation between Nepal's HoR and China's NPC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the roles played by parliamentary committees during this tenure are also remarkable, for which, Speaker Sapkota expressed his gratitude for the roles of the lawmakers for their presence, active participation and consultations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR has also reaffirmed that higher level of understanding and cooperation of the political parties is imperative for the success of the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Speaker Sapkota expressed the hope that the HoR members will make contributions from their side for the successful completion of the HoR election slated for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the 11th session of the HoR that continued for 124 days passed 16 bills altogether from among 42 bills received from previous sessions of the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Federal Parliament Secretariat, seven bills are under consideration in different parliamentary committees and seven others are tabled in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15761', 'image' => '20220918010257_parliament building.jpg', 'article_date' => '2022-09-18 13:02:20', '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
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday). The two-day event is being organised by the Ministry of Forests and Environment with the objective to draw the attention of national and international stakeholders towards the issues and challenges faced by the mountain region due to climate change. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Various organisations from home and abroad including the Food and Agriculture Organisation ( FAO) of the United Nations are participating in the event to discuss the impacts of global warming on mountain region and their effects on the low-lying areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the chief of the Climate Change Division of the ministry, Buddhi Sagar Poudyal, Minister for Forests and Environment Pradeep Yadav and Secretary Dr Pem Narayan Kandel, among others, will be attending the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the summit will bring together national and international experts, activists associated with climate change and biodiversity and government officials to share ideas on the issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dr Kandel said Nepal's mountain region if facing alarming impacts of global warming. As a result. the mountain region is hit by incidences of unusual rainfall and avalanches and is affecting the people's livelihood and bio diversity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Department of Hydrology and Meteorology, temperature in the mountain region is increasing by 0.08 degree Celsius each year. The consequences include an increase in the risk of expansion of glaciers and their outburst. But the issue is yet to get international recognition and attention, says Minister Yadav. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is said that the incidents of natural disasters are on the rise in mountain districts such as Manang, Mustang and Dolpa. According to Minister Yadav, last year's incidents of landslides and avalanches in Manang, Mustang and Sindhupalchowk might be due to the impact of climate change. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-20', 'modified' => '2022-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '15775', 'image' => '20220920090859_mustang.jpg', 'article_date' => '2022-09-20 09:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16033', 'article_category_id' => '1', 'title' => 'Leather Industries of Nepal in Crisis', 'sub_title' => '', 'summary' => 'September 19: The leather industries of Nepal are facing financial crisis of late. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The leather industries of Nepal are facing financial crisis of late. According to Nepal Leather Industry Association, about a dozen industries that prepare leather products in the country are in dire financial state. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">General Secretary of the association Mohammad Junaid Iftakhar says that the leather industries of Nepal are in crisis after failing to compete in the international market. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, only 12 such industries with domestic investment are currently operational in Nepal. General Secretary Iftakkhar says that only the leather of goats and buffaloes are available in Nepal while the country has to import leather of cow and other animals from abroad by incurring high cost. As a result, the leather industries of Nepal are unable to compete in the international market due to high cost of production. The association informed that the cost of chemicals needed for the treatment of the leather is also high. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the production cost is high, the products manufactured in Nepal are unable to compete in the international market, says Binod Kumar Chaudhary, general secretary of Madhes chapter of the association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the 12 leather industries of Nepal, eight are in Bara-Parsa industrial corridor while four are operating in Biratnagar. The association informed that the annual transaction of footwear in Nepal amounts to Rs 5 billion.</span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15774', 'image' => '20220919075752_Leathertools.jpg', 'article_date' => '2022-09-19 19:57:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16032', 'article_category_id' => '1', 'title' => 'Fair Price Shops Opened for Festive Season ', 'sub_title' => '', 'summary' => 'September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. </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 Food Management and Trading Company under the Ministry of Industry, Commerce and Supplies has opened the fair price shops all over the country including the capital, Kathmandu. The shops are being opened to provide daily essentials for the customers at subsidized rates for the Dashain, Tihar and Chhath festivals.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu said that the shops were being operated with the aim of controlling excessive price hike and black marketing during the festive season. According to the minister, the government intends to provide relief to the general public by giving concessions through the shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister Badu said that the main objective to run the fair price shops is to control price hike and to make quality food available in the remote areas. The Dairy Development Corporation will also operate a fair price shop. DDC has also made arrangements for online shopping.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Dr. Toyanarayan Gywalai informed that the government has stepped up market monitoring along with the launch of the fair price shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, he informed that the arrangement of online sales has been arranged so that the consumers can easily buy food items. Gyawali also said that they will make full use of the available physical infrastructure of the state-owned companies to provide effective services to the public. </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 fair price ships have been set up at 45 different locations, including Thapathali of Kathmandu, Nakkhu of Lalitpur, and Suryabinayak of Bhaktapur. Altogether 30 different types of food items are available at the fair price shops which will be operated until the November 1. The shops will be open everyday from 10 am to 5 pm. The FMTC said that a discount of Rs 30 on meat products and Rs 7 on other food items and oil has been arranged. </span></span></span></p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15773', 'image' => '20220919031638_20201123043159_92926.jpg', 'article_date' => '2022-09-19 15:16:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16030', 'article_category_id' => '1', 'title' => 'SEBON Seeks Applications to Issue Three Types of Licenses', 'sub_title' => '', 'summary' => 'September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The board issued a notice on Sunday seeking for applications to issue three types of licenses. The board has informed that a new stock exchange company can submit application within 45 days while the applicants for commodity exchange market and broker license need to apply within 30 days since the publication of the notice.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON Chairman Ramesh Kumar Hamal informed that the board will issue licenses for one stock exchange company and two commodity exchanges. Hamal said that the number of broker licenses has not been disclosed as they are preparing to distribute broker licenses to all those who meet the specified criteria. According to him, three types of broker licenses will be distributed based on the capital structure.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal said that SEBON has set a minimum capital of Rs 200 million, and a maximum of Rs 1.5 billion for the new broker license and a capital of Rs 3 billion for new stock exchange company. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal believes that after the addition of the new stock exchange company, there will be competition in service delivery and the quality of the securities market will improve and be accessible to all the investors. According to Hamal, the general investors will also get an investment opportunity as there is a provision for the general public to get shares worth Rs 90 million in the new stock exchange company. The new stock exchange company with a capital of Rs 3 billion will have 70 percent ownership of the founders, and 30 percent of the general public.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, 50 broker companies are operating in Nepal. The board has made preparations to grant broker licenses to all those who fulfill the prescribed criteria for increasing access to the secondary securities market. Since there is a provision that the broker license should be distributed only after three years from the first time, the board has prepared to give a license to everyone who fulfills the criteria this time.</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' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15772', 'image' => '20220919023409_Sebonnn.jpg', 'article_date' => '2022-09-19 14:33:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16031', 'article_category_id' => '1', 'title' => 'Rainfall in Forecast for Few More Days ', 'sub_title' => '', 'summary' => 'September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. According to meteorologist Heera Bhattarai, the monsoon low pressure trough is above than its normal position in the Nepali territory and therefore, rainfall is likely for a few more days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The monsoon low pressure trough is above its average position near Nepal. Monsoon is nearly towards its end. Since it caused heavy rainfall towards its end in the past, we cannot take it for granted this time as well," she Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Bhattarai, there is possibility of heavy rainfall at one or two places of Province no 1 and Madhes Povince today (September 19). </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"">Although the monsoon is active, it will have general impact, said Bhattarai. Kathmandu Valley experienced warm sunshine since the morning today, but there are chances of light to moderate rainfall towards the afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The monsoon low pressure trough is situated around its average position and the weather will be partly to generally cloudy throughout the country due to its impact, the division stated in its weather bulletin. Light rainfall is occurring at one or two places of Karnali and Gandaki provinces at present. Light to moderate rainfall accompanied with thunder and lightning is in forecast at some places of the country in the afternoon today. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15771', 'image' => '20220919025944_20220909030626_20210701052135_20200511091310_Storm.jpg', 'article_date' => '2022-09-19 14:59:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16029', 'article_category_id' => '1', 'title' => 'Ministry of Forests and Environment Preparing to Declare 'Climate Emergency' ', 'sub_title' => '', 'summary' => 'September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has come to the conclusion that a country like Nepal which is at high risk needs to be serious on this topic as the United Nations itself has said a humanitarian crisis has begun globally due to the impacts of climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Forests and Environment Pradeep Yadav had stated that the government is making plans to draw global attention by declaring 'climate emergency'. The ministry has started carrying out study in this regard by seeking suggestions from the experts concerned. Chief of the ministry's Climate Division, Buddhi Sagar Poudel, said that a study and technical preparation is in progress for declaring a climate emergency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to him, works have been started on collecting the facts and statistics related to the pros and cons of declaring the climate emergency and its impact on particular area, and on analyzing them. The ministry is also preparing a technical team in this connection. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Various national and international organisations have been continuously alerting that Nepal is at high risk of climate change hazards. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">German Watch, an international organisation keeping data on the risk of climate change, has stated that Nepal is in the 10th position among the countries at high risk due to climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, most of the organisations have suggested not to rush in declaring the climate emergency. Experts and the ministry employees have stressed the need for announcing 'climate crisis' in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As of now, the government does not have exact data on losses due to the impact of climate change. Therefore, the experts argue that there is a need to formulate a plan on the issue after announcing 'climate crisis' in the country. Minister for Forest and Environment Pradeep Yadav said it is high time to draw global attention to the impacts of climate change faced by Nepal by announcing 'climate emergency’ in the country. So far, 39 countries across the world have announced 'climate crisis' in their countries. -- RSS </span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15770', 'image' => '20220919010029_global-warming-earth-vector.jpg', 'article_date' => '2022-09-19 12:59:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16028', 'article_category_id' => '1', 'title' => 'Government forms Recommendation Committee on Public Enterprises ', 'sub_title' => '', 'summary' => 'September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises. A meeting of the Council of Ministers held on September 16 took a decision to this effect. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sharing the cabinet decisions on Sunday, Minister for Information and Communication Technology Gyanendra Bahadur Karki confirmed that a decision has been taken to form a recommendation committee on public enterprises. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to a report prepared by Nepal Rastra Bank, excessive political interference, lack of adequate autonomy and accountability, absence of professionalism, rampant financial indiscipline and conflicting goals have been the main reasons responsible for the dismal performance of public enterprises in Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the central bank believes that their performance can be improved by allowing greater autonomy and more accountability by introducing reward and punishment system linked with performance.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the government has appointed Joint Secretary Kali Prasad Parajuli of the Ministry of Agriculture and Livestock Development as the chairman of Kalimati Fruits and Vegetables Market Development Board. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki further said that the cabinet meeting has also decided to recall a bill formed to amend and integrate laws relating to electricity from the parliament. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki told journalists that the cabinet has reverted its decision to acquire 126.46 bighas of land for Biratnager Airport. Two years ago, the then Council of Ministers had given approval to the Civil Aviation Authority of Nepal (CAAN) to acquire the land for the expansion of Biratnagar Airport. </span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15769', 'image' => '20220919122145_RS_KTM_MantriKarki-1.jpg', 'article_date' => '2022-09-19 12:21:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16027', 'article_category_id' => '1', 'title' => 'Expert Group Suggests Building Airport in Nijgadh by Minimizing Environmental Damage', 'sub_title' => '', 'summary' => 'September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coordinator of the experts' group Birendra Bahadur Deuja handed over the report to the PM in the presence of Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha, amidst a programme at the prime minister's official residence in Baluwatar on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group was formed as per a decision made by the government on August 11 in pursuant to a mandamus order of the Supreme Court. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has concluded that an international airport with full-capacity is needed to handle the increasing air traffic for the long-term development and prosperity of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the report, around 4,000 hectares area lying between the Pasaha River and the Bakaiya River adjoining the East-West Highway and the Kathmandu-Tarai Express Way would be an appropriate location for the proposed international airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has recommended the government to abandon the concept of 'airport city' keeping in mind the Supreme Court's order to reduce environmental damage due to the felling of trees. It has also recommended to declare around 9,000 hectares as protected zone and to construct the airport in about 4,000 hectares of land in different phases.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report has recommended that the airport management should carry out works like prevention of river erosion and other conservation works including protection of trees in the remaining areas. It has stated that trees in only around 1,500 hectares of land should be cut in the first phase and has suggested not to cut the trees in the remaining areas until the commencement of the second phase of construction works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated in the report that the construction of the airport should be done by preparing an environmental management plan after fulfilling its legal process and procedures and taking the necessary approval. The experts’ group has also reminded the government about its constitutional obligation to make the necessary legal arrangements for maintaining appropriate balance between development and the environment while carrying out development works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is also mentioned in the report that the delay in the construction of the full-capacity international airport will increase the cost, which will ultimately delay the development of Nepal. In this context, the report has suggested to form a development authority with special powers to build the airport on a time-bound manner at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, PM Deuba stressed on the need of constructing the international airport in war footing. He also thanked the experts' team for timely completion of its works and responsibility. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15768', 'image' => '20220919105145_nijgadh.jpg', 'article_date' => '2022-09-19 10:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16026', 'article_category_id' => '1', 'title' => 'World Bank to Provide Concessional Loans for Digital Transformation and Trade Connectivity', 'sub_title' => '', 'summary' => 'September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A statement issued by the World Bank says that it will provide $275 million (equivalent to Rs 34.96 billion) for the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project and $140 million (equivalent to Rs 17.79 billion) for the Digital Nepal Acceleration (DNA) Project.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Finance Secretary Krishna Hari Pushkar and the World Bank’s Country Director for the Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, signed the agreement on behalf of their respective organisations amid a programme on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The projects will help unlock Nepal’s economic potential through better connectivity and trade, enhanced digital engagement among people and businesses, and access to regional markets to support the socio-economic development in an inclusive manner,” the statement quoted Finance Secretary Pushkar as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the Accelerating Nepal’s Regional Transport and Trade Connectivity Project, the 69 kilometer two-lane section of the Butwal-Gorusinghe-Chandrauta road along the East-West Highway will be upgraded to a climate-resilient four-lane highway, reads the statement. With a focus on ensuring better road safety, the project is expected to reduce travel time by 30 percent, thus providing better access to India’s western seaports. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the World Bank, the project will construct at least three market areas with required internet and trade information facilities along the highway to help enhance economic opportunities, especially for women entrepreneurs and traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, the Digital Nepal Acceleration Project supports the implementation of the Digital Nepal Framework, the country’s digital economy strategy that was announced by the Government in 2019. The project will mobilize private capital to increase access to broadband services in rural areas, benefitting people and businesses that are currently not connected to high-quality and affordable internet connectivity, added the statement. It will also support and secure the delivery of digital government services through improvements in Nepal’s public data infrastructure and cybersecurity capabilities, increasing access to digital services by women, ethnic and social minorities, and persons with disabilities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The World Bank is committed to support regional integration and digital transformation in Nepal to ensure the country’s trade growth, long-term sustainability, and resilience of investments, and enable an innovative digital economy,” said Faris Hadad-Zervos, World Bank’s country director for the Maldives, Nepal, and Sri Lanka.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15767', 'image' => '20220919095920_RS_KTM_008A754909182022c.jpg', 'article_date' => '2022-09-19 09:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16022', 'article_category_id' => '1', 'title' => '11:51 am Auspicious Period for Dashain Tika ', 'sub_title' => '', 'summary' => 'September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The auspicious time for immersing the statue of goddess Durga is at 10:34 am the same day, according to the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“Although one can offer and receive tika and blessings throughout the day, the auspicious hour for it is determined at 11:51 am,” said Prof Shree Krishna Adhikari, chairperson of the committee. </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"">Tika is a mixture of rice grains, red vermillion and curd, which is put on the forehead as a blessing from goddess Durga on the 10th day of the Dashain festival. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the auspicious time for Ghatasthapana, the first day of the Dashain festival, is 10:23 am on September 26. Ghatasthapana is the auspicious occasion wherein sacred Jamara or the newly germinated barley or maize shoots that are put behind the ears or on the head as an auspicious items, are grown. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15766', 'image' => '20220918023227_maxresdefault.jpg', 'article_date' => '2022-09-18 14:26:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16025', 'article_category_id' => '1', 'title' => 'Nepal Pakistan Friendship Trade Fair Underway in Kathmandu', 'sub_title' => '', 'summary' => 'September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. Pakistan’s ambassador to Nepal Syed Haider Shah inaugurated the Pakistan and Nepal Friendship Trade Fair 2022 amid a programme at Tripureshwar-based United World Trade Centre on Saturday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">On the occasion, Ambassador Shah said that he expects the exhibition to play a positive role in strengthening the friendly relations between Nepal and Pakistan and to promote bilateral trade as well.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This exhibition is an example of a perfect trade relations between Nepal and Pakistan, said Ambassador Shah. He further shared that both the countries can benefit from the fair because it exhibits home-grown products of both the countries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Suman Maharjan, managing director of Introduction Trade Show, the organizer of the event, shared that the exhibition will help boost economic activities between the two countries. He further said that the leather products manufactured in Pakistan has a good market in Nepal while the handicraft products of Nepal are in high demand in Pakistan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Products such as furniture, leather items, handicraft, clothes, sarees, kurthas, bed sheets, shoes, slippers, jewelries and ornaments among others are being displayed in the trade fair which will run till September 22. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mohan Sunuwar, proprietor of BS Local Organic Private Limited informed New Business Age that they are displaying apples and potatoes from Mustang and other organic products during the exhibition. He said that there is enthusiastic participation from Nepal as well as neighbouring countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This trade fair is being organized annually since more than a decade in collaboration between the embassies of Nepal and Pakistan. This year, even Indian and Bangladesh have set up their stalls. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15765', 'image' => '20220918035431_IMG-20220918-WA0001.jpg', 'article_date' => '2022-09-18 15:53:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16024', 'article_category_id' => '266', 'title' => 'Shyam Tamang bags Surya Nepal Monthly Medal', 'sub_title' => '', 'summary' => 'September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. Tamang carded six under 66 to win the title of ninth edition of 'Surya Nepal Gokarna Monthly Medal' on Saturday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Chhewang Sherpa scored 4 under 68 and secured the second position. Babu Sherpa tied with Ram Chandra Limbu at 3 under 69 for the third position.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Tashi Dong scored a 2 over 74 and won the title of best gross. Astina Tandon won the women's title by scoring 72 points after playing even par. Forty two players participated in the tournament which was played in stroke play format. The winner of this competition, which was sponsored by Surya Nepal, received awards from Dr. Bhagwan Koirala.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">By the end of the ninth edition, Babu Sherpa sits at the top of the club championship with a total of 280 points. Randeep Thapa stands second with 215 points followed by Shyam Tamang, who has scored 200 points. Karn Thapa dropped to fourth position with 195 points. Similarly, Purna Bahadur Rai is fifth with 125 points, Sameer Acharya is sixth with 130 points and Pavitra Kumar Karki is seventh with 125 points. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pradeep KC, Ang Dorje Sherpa and Chhewang Sherpa are ranked 8th to 10th in the list with 120 points, 115 points and 95 points respectively.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the gross category, Tashi Chhiring is at the top position with 365 points. Wangchen Dhondup, Bijay Shrestha, Tashi Dong and Surendra Phuyal are second to fifth positions respectively. After the monthly medal which is scheduled to be held next month, the top 40 in the net category and the top 20 in the gross category will be eligible for the last two rounds to be held in November and December. From this tournament, the net and gross category club winners will be announced.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15764', 'image' => '20220918031540_1663454994.Clipboard05.jpg', 'article_date' => '2022-09-18 15:14:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16023', 'article_category_id' => '266', 'title' => 'Chachan Group Ventures into Entertainment Sector', 'sub_title' => '', 'summary' => 'September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Chachan Group, the Thrill Factory is an entertainment-oriented commercial enterprise in Chainpur of Birgunj-Pathalaiya Industrial Corridor. It is a first-of-it-kind enterprise that provides entertainment along with physical exercise activities for the targeted groups.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nikhil Chachan, director of Chachan Group, said that Thrill Factory has been opened to as per the demand to meet the interests of all children and adults in Birgunj. He said that the Thrill Factory comprises 15 types of entertainment activities under one roof.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We believe that it will be useful for children and their parents to spend quality time during the holidays. The entertainment activities here are prepared in such a way that they are helpful for the children's knowledge and personality development as well,” said Chachan. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Visitors to the Thrill Factory can enjoy activities such as Tumbling Park, net cricket, rope course, jeep cycling, bull ride, human zero, and shooting range, go carting, wall climbing, basket ball, etc. Chachan claimed that this establishment is for entertainment as well as for physical exercise. A dance floor as well has been arranged for children.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Considering the convenience of the customers, a restaurant has also been brought into operation on the same premises. This fully air-conditioned entertainment venue, prepared with an investment of around Rs 200 million, mainly targets customers from Bara, Parsa, Rautahat, Makwanpur and neighboring India.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15763', 'image' => '20220918025505_1663421957.jpg', 'article_date' => '2022-09-18 14:54:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16021', 'article_category_id' => '1', 'title' => 'Finance Ministry Struggling to Secure Funds for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. The revenue collection of the government has slumped in recent months due to the ban imposed on the import of luxury goods following pressure on the foreign exchange reserves. As a result, the finance ministry is struggling to secure funds for the election as well as for other purposes. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Data show that the government has been collecting revenue worth Rs 1 to 2 billion a day. The government’s expenditure is almost Rs 14 billion a day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Records maintained by the Financial Comptroller General’s Office show that the government collected revenue worth Rs 1.54 billion last Friday while it spent Rs 5.6 billion the same day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Officials of the finance ministry admit that they are facing problems in securing funds for the election due to the disparity in government’s income and expenditure.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Financial advisor to the ministry, Dr Shalikram Pokharel, says that the entire economy has been affected by the ban on import of luxury goods by the government. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">“The ban has helped Nepal shift towards self-reliance but the revenue collection has been hampered because we have an import-oriented economy,” said Pokharel.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government had imposed a ban on import of luxury goods since last winter to ease the pressure on the foreign exchange reserves. It has directly affected the revenue collection of the government. Officials of the ministry say that the revenue collection will pick up pace as the government has lifted the ban on six out of tem items since September.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to Pokharel, the increase in inflow of remittance in recent days has improved the foreign exchange reserves which can now sustain imports for at least eight months. The ministry believes that this will help in securing funds for the election and also to improve the overall economy.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government is also seeking support from donor agencies to secure funds for the election in terms of technical assistance. Finance Minister Janardan Sharma has been requesting foreign delegates to support the country financially for the election. However, sources at the finance ministry say that despite official letters sent to various countries seeking financial assistance for the election the government has only received assurance so far. It is still not certain whether Nepal will receive financial assistance or not. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">It is estimated that around Rs 20 billion will be required for holding the elections on the scheduled date and to make security arrangements for the election. The ministry is yet to secure funds to this end.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, it has been learnt that the ministry is planning to secure funds or Rs 10 billion for the November 20 elections. The Election Commission has sought more than Rs 11 billion from the government.</span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15762', 'image' => '20220918012740_finance_ministry_copy1.jpg', 'article_date' => '2022-09-18 13:27:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16020', 'article_category_id' => '1', 'title' => 'House of Representatives Completes its Five-Year Term ', 'sub_title' => '', 'summary' => 'September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR was dissolved in December 2020 and in May 2021 but was reinstated both the times by the Supreme Court's verdict. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the last meeting of this HoR on Saturday, Speaker Agni Prasad Sapkota said that the history will obviously recall the efforts taken for the complete tenure of the HoR. "Dissolution of the HoR for two times and its restoration is perhaps the first of its incident in the world's parliamentary history. I am confident that this HoR that existed for its full term will be an exemplary model for the future," Speaker Sapkota added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The historic unity among the parties in the HoR of the Federal Parliament in regard to issuing the political map of Nepal including Limiyadhura, Lipulek and Kalapani would be remembered for once and always. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Participations and addresses by Nepal's parliamentarians in different international forums on behalf of Nepal have helped increase visibility of the HoR as well as the visits happened from different countries and meetings and interaction events have helped in the exchanges of good parliamentary practices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Recently, the visit from the Standing Committee Chairman of the National People's Congress of the People's Republic of China, Li Zhanshu, also marked a milestone for the inter-parliamentary cooperation between Nepal's HoR and China's NPC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the roles played by parliamentary committees during this tenure are also remarkable, for which, Speaker Sapkota expressed his gratitude for the roles of the lawmakers for their presence, active participation and consultations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR has also reaffirmed that higher level of understanding and cooperation of the political parties is imperative for the success of the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Speaker Sapkota expressed the hope that the HoR members will make contributions from their side for the successful completion of the HoR election slated for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the 11th session of the HoR that continued for 124 days passed 16 bills altogether from among 42 bills received from previous sessions of the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Federal Parliament Secretariat, seven bills are under consideration in different parliamentary committees and seven others are tabled in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15761', 'image' => '20220918010257_parliament building.jpg', 'article_date' => '2022-09-18 13:02:20', '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
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 20: The Government of Nepal is all set to organize the Mountain Advocacy Summit in Mustang from today (Tuesday). The two-day event is being organised by the Ministry of Forests and Environment with the objective to draw the attention of national and international stakeholders towards the issues and challenges faced by the mountain region due to climate change. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Various organisations from home and abroad including the Food and Agriculture Organisation ( FAO) of the United Nations are participating in the event to discuss the impacts of global warming on mountain region and their effects on the low-lying areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the chief of the Climate Change Division of the ministry, Buddhi Sagar Poudyal, Minister for Forests and Environment Pradeep Yadav and Secretary Dr Pem Narayan Kandel, among others, will be attending the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the summit will bring together national and international experts, activists associated with climate change and biodiversity and government officials to share ideas on the issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dr Kandel said Nepal's mountain region if facing alarming impacts of global warming. As a result. the mountain region is hit by incidences of unusual rainfall and avalanches and is affecting the people's livelihood and bio diversity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Department of Hydrology and Meteorology, temperature in the mountain region is increasing by 0.08 degree Celsius each year. The consequences include an increase in the risk of expansion of glaciers and their outburst. But the issue is yet to get international recognition and attention, says Minister Yadav. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is said that the incidents of natural disasters are on the rise in mountain districts such as Manang, Mustang and Dolpa. According to Minister Yadav, last year's incidents of landslides and avalanches in Manang, Mustang and Sindhupalchowk might be due to the impact of climate change. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-20', 'modified' => '2022-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '15775', 'image' => '20220920090859_mustang.jpg', 'article_date' => '2022-09-20 09:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16033', 'article_category_id' => '1', 'title' => 'Leather Industries of Nepal in Crisis', 'sub_title' => '', 'summary' => 'September 19: The leather industries of Nepal are facing financial crisis of late. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The leather industries of Nepal are facing financial crisis of late. According to Nepal Leather Industry Association, about a dozen industries that prepare leather products in the country are in dire financial state. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">General Secretary of the association Mohammad Junaid Iftakhar says that the leather industries of Nepal are in crisis after failing to compete in the international market. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, only 12 such industries with domestic investment are currently operational in Nepal. General Secretary Iftakkhar says that only the leather of goats and buffaloes are available in Nepal while the country has to import leather of cow and other animals from abroad by incurring high cost. As a result, the leather industries of Nepal are unable to compete in the international market due to high cost of production. The association informed that the cost of chemicals needed for the treatment of the leather is also high. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the production cost is high, the products manufactured in Nepal are unable to compete in the international market, says Binod Kumar Chaudhary, general secretary of Madhes chapter of the association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the 12 leather industries of Nepal, eight are in Bara-Parsa industrial corridor while four are operating in Biratnagar. The association informed that the annual transaction of footwear in Nepal amounts to Rs 5 billion.</span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15774', 'image' => '20220919075752_Leathertools.jpg', 'article_date' => '2022-09-19 19:57:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16032', 'article_category_id' => '1', 'title' => 'Fair Price Shops Opened for Festive Season ', 'sub_title' => '', 'summary' => 'September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 19: The government has opened fair price shops ahead of the major festivals of Nepal including Dashain, Tihar and Chhath. </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 Food Management and Trading Company under the Ministry of Industry, Commerce and Supplies has opened the fair price shops all over the country including the capital, Kathmandu. The shops are being opened to provide daily essentials for the customers at subsidized rates for the Dashain, Tihar and Chhath festivals.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu said that the shops were being operated with the aim of controlling excessive price hike and black marketing during the festive season. According to the minister, the government intends to provide relief to the general public by giving concessions through the shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Minister Badu said that the main objective to run the fair price shops is to control price hike and to make quality food available in the remote areas. The Dairy Development Corporation will also operate a fair price shop. DDC has also made arrangements for online shopping.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Secretary at the Ministry of Industry, Dr. Toyanarayan Gywalai informed that the government has stepped up market monitoring along with the launch of the fair price shops.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In addition to this, he informed that the arrangement of online sales has been arranged so that the consumers can easily buy food items. Gyawali also said that they will make full use of the available physical infrastructure of the state-owned companies to provide effective services to the public. </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 fair price ships have been set up at 45 different locations, including Thapathali of Kathmandu, Nakkhu of Lalitpur, and Suryabinayak of Bhaktapur. Altogether 30 different types of food items are available at the fair price shops which will be operated until the November 1. The shops will be open everyday from 10 am to 5 pm. The FMTC said that a discount of Rs 30 on meat products and Rs 7 on other food items and oil has been arranged. </span></span></span></p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15773', 'image' => '20220919031638_20201123043159_92926.jpg', 'article_date' => '2022-09-19 15:16:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16030', 'article_category_id' => '1', 'title' => 'SEBON Seeks Applications to Issue Three Types of Licenses', 'sub_title' => '', 'summary' => 'September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 19: The Securities Board of Nepal (SEBON) has sought applications to issue license for a new stock exchange company, securities brokers and commodity exchange market.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The board issued a notice on Sunday seeking for applications to issue three types of licenses. The board has informed that a new stock exchange company can submit application within 45 days while the applicants for commodity exchange market and broker license need to apply within 30 days since the publication of the notice.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON Chairman Ramesh Kumar Hamal informed that the board will issue licenses for one stock exchange company and two commodity exchanges. Hamal said that the number of broker licenses has not been disclosed as they are preparing to distribute broker licenses to all those who meet the specified criteria. According to him, three types of broker licenses will be distributed based on the capital structure.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal said that SEBON has set a minimum capital of Rs 200 million, and a maximum of Rs 1.5 billion for the new broker license and a capital of Rs 3 billion for new stock exchange company. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Hamal believes that after the addition of the new stock exchange company, there will be competition in service delivery and the quality of the securities market will improve and be accessible to all the investors. According to Hamal, the general investors will also get an investment opportunity as there is a provision for the general public to get shares worth Rs 90 million in the new stock exchange company. The new stock exchange company with a capital of Rs 3 billion will have 70 percent ownership of the founders, and 30 percent of the general public.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, 50 broker companies are operating in Nepal. The board has made preparations to grant broker licenses to all those who fulfill the prescribed criteria for increasing access to the secondary securities market. Since there is a provision that the broker license should be distributed only after three years from the first time, the board has prepared to give a license to everyone who fulfills the criteria this time.</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' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15772', 'image' => '20220919023409_Sebonnn.jpg', 'article_date' => '2022-09-19 14:33:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16031', 'article_category_id' => '1', 'title' => 'Rainfall in Forecast for Few More Days ', 'sub_title' => '', 'summary' => 'September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: The country is likely to witness rainfall for few more days since the monsoon is still active, informed the Meteorological Forecasting Division. According to meteorologist Heera Bhattarai, the monsoon low pressure trough is above than its normal position in the Nepali territory and therefore, rainfall is likely for a few more days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The monsoon low pressure trough is above its average position near Nepal. Monsoon is nearly towards its end. Since it caused heavy rainfall towards its end in the past, we cannot take it for granted this time as well," she Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Bhattarai, there is possibility of heavy rainfall at one or two places of Province no 1 and Madhes Povince today (September 19). </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"">Although the monsoon is active, it will have general impact, said Bhattarai. Kathmandu Valley experienced warm sunshine since the morning today, but there are chances of light to moderate rainfall towards the afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The monsoon low pressure trough is situated around its average position and the weather will be partly to generally cloudy throughout the country due to its impact, the division stated in its weather bulletin. Light rainfall is occurring at one or two places of Karnali and Gandaki provinces at present. Light to moderate rainfall accompanied with thunder and lightning is in forecast at some places of the country in the afternoon today. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15771', 'image' => '20220919025944_20220909030626_20210701052135_20200511091310_Storm.jpg', 'article_date' => '2022-09-19 14:59:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16029', 'article_category_id' => '1', 'title' => 'Ministry of Forests and Environment Preparing to Declare 'Climate Emergency' ', 'sub_title' => '', 'summary' => 'September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Ministry of Forests and Environment is preparing to declare a 'climate emergency' and draw global attention as the date for United Nations Conference of Parties (COP-27) on Climate Change draws closer. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has come to the conclusion that a country like Nepal which is at high risk needs to be serious on this topic as the United Nations itself has said a humanitarian crisis has begun globally due to the impacts of climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Forests and Environment Pradeep Yadav had stated that the government is making plans to draw global attention by declaring 'climate emergency'. The ministry has started carrying out study in this regard by seeking suggestions from the experts concerned. Chief of the ministry's Climate Division, Buddhi Sagar Poudel, said that a study and technical preparation is in progress for declaring a climate emergency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to him, works have been started on collecting the facts and statistics related to the pros and cons of declaring the climate emergency and its impact on particular area, and on analyzing them. The ministry is also preparing a technical team in this connection. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Various national and international organisations have been continuously alerting that Nepal is at high risk of climate change hazards. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">German Watch, an international organisation keeping data on the risk of climate change, has stated that Nepal is in the 10th position among the countries at high risk due to climate change. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, most of the organisations have suggested not to rush in declaring the climate emergency. Experts and the ministry employees have stressed the need for announcing 'climate crisis' in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As of now, the government does not have exact data on losses due to the impact of climate change. Therefore, the experts argue that there is a need to formulate a plan on the issue after announcing 'climate crisis' in the country. Minister for Forest and Environment Pradeep Yadav said it is high time to draw global attention to the impacts of climate change faced by Nepal by announcing 'climate emergency’ in the country. So far, 39 countries across the world have announced 'climate crisis' in their countries. -- RSS </span></span></p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15770', 'image' => '20220919010029_global-warming-earth-vector.jpg', 'article_date' => '2022-09-19 12:59:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16028', 'article_category_id' => '1', 'title' => 'Government forms Recommendation Committee on Public Enterprises ', 'sub_title' => '', 'summary' => 'September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The government has formed a recommendation committee on public enterprises with the objective of improving the performance of such enterprises. A meeting of the Council of Ministers held on September 16 took a decision to this effect. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sharing the cabinet decisions on Sunday, Minister for Information and Communication Technology Gyanendra Bahadur Karki confirmed that a decision has been taken to form a recommendation committee on public enterprises. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to a report prepared by Nepal Rastra Bank, excessive political interference, lack of adequate autonomy and accountability, absence of professionalism, rampant financial indiscipline and conflicting goals have been the main reasons responsible for the dismal performance of public enterprises in Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, the central bank believes that their performance can be improved by allowing greater autonomy and more accountability by introducing reward and punishment system linked with performance.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the government has appointed Joint Secretary Kali Prasad Parajuli of the Ministry of Agriculture and Livestock Development as the chairman of Kalimati Fruits and Vegetables Market Development Board. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki further said that the cabinet meeting has also decided to recall a bill formed to amend and integrate laws relating to electricity from the parliament. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Karki told journalists that the cabinet has reverted its decision to acquire 126.46 bighas of land for Biratnager Airport. Two years ago, the then Council of Ministers had given approval to the Civil Aviation Authority of Nepal (CAAN) to acquire the land for the expansion of Biratnagar Airport. </span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15769', 'image' => '20220919122145_RS_KTM_MantriKarki-1.jpg', 'article_date' => '2022-09-19 12:21:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16027', 'article_category_id' => '1', 'title' => 'Expert Group Suggests Building Airport in Nijgadh by Minimizing Environmental Damage', 'sub_title' => '', 'summary' => 'September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 19: An experts' group formed by the government to study the feasibility of constructing an international airport in Nijgadh of Bara district has submitted its study report to Prime Minister Sher Bahadur Deuba. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coordinator of the experts' group Birendra Bahadur Deuja handed over the report to the PM in the presence of Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha, amidst a programme at the prime minister's official residence in Baluwatar on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group was formed as per a decision made by the government on August 11 in pursuant to a mandamus order of the Supreme Court. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has concluded that an international airport with full-capacity is needed to handle the increasing air traffic for the long-term development and prosperity of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the report, around 4,000 hectares area lying between the Pasaha River and the Bakaiya River adjoining the East-West Highway and the Kathmandu-Tarai Express Way would be an appropriate location for the proposed international airport. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The experts' group has recommended the government to abandon the concept of 'airport city' keeping in mind the Supreme Court's order to reduce environmental damage due to the felling of trees. It has also recommended to declare around 9,000 hectares as protected zone and to construct the airport in about 4,000 hectares of land in different phases.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report has recommended that the airport management should carry out works like prevention of river erosion and other conservation works including protection of trees in the remaining areas. It has stated that trees in only around 1,500 hectares of land should be cut in the first phase and has suggested not to cut the trees in the remaining areas until the commencement of the second phase of construction works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated in the report that the construction of the airport should be done by preparing an environmental management plan after fulfilling its legal process and procedures and taking the necessary approval. The experts’ group has also reminded the government about its constitutional obligation to make the necessary legal arrangements for maintaining appropriate balance between development and the environment while carrying out development works. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is also mentioned in the report that the delay in the construction of the full-capacity international airport will increase the cost, which will ultimately delay the development of Nepal. In this context, the report has suggested to form a development authority with special powers to build the airport on a time-bound manner at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, PM Deuba stressed on the need of constructing the international airport in war footing. He also thanked the experts' team for timely completion of its works and responsibility. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15768', 'image' => '20220919105145_nijgadh.jpg', 'article_date' => '2022-09-19 10:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16026', 'article_category_id' => '1', 'title' => 'World Bank to Provide Concessional Loans for Digital Transformation and Trade Connectivity', 'sub_title' => '', 'summary' => 'September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 19: The Government of Nepal has signed concessional loan agreements worth US$ 415 with the World Bank for trade connectivity and digital transformation of Nepal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A statement issued by the World Bank says that it will provide $275 million (equivalent to Rs 34.96 billion) for the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project and $140 million (equivalent to Rs 17.79 billion) for the Digital Nepal Acceleration (DNA) Project.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Finance Secretary Krishna Hari Pushkar and the World Bank’s Country Director for the Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, signed the agreement on behalf of their respective organisations amid a programme on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The projects will help unlock Nepal’s economic potential through better connectivity and trade, enhanced digital engagement among people and businesses, and access to regional markets to support the socio-economic development in an inclusive manner,” the statement quoted Finance Secretary Pushkar as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the Accelerating Nepal’s Regional Transport and Trade Connectivity Project, the 69 kilometer two-lane section of the Butwal-Gorusinghe-Chandrauta road along the East-West Highway will be upgraded to a climate-resilient four-lane highway, reads the statement. With a focus on ensuring better road safety, the project is expected to reduce travel time by 30 percent, thus providing better access to India’s western seaports. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the World Bank, the project will construct at least three market areas with required internet and trade information facilities along the highway to help enhance economic opportunities, especially for women entrepreneurs and traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, the Digital Nepal Acceleration Project supports the implementation of the Digital Nepal Framework, the country’s digital economy strategy that was announced by the Government in 2019. The project will mobilize private capital to increase access to broadband services in rural areas, benefitting people and businesses that are currently not connected to high-quality and affordable internet connectivity, added the statement. It will also support and secure the delivery of digital government services through improvements in Nepal’s public data infrastructure and cybersecurity capabilities, increasing access to digital services by women, ethnic and social minorities, and persons with disabilities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The World Bank is committed to support regional integration and digital transformation in Nepal to ensure the country’s trade growth, long-term sustainability, and resilience of investments, and enable an innovative digital economy,” said Faris Hadad-Zervos, World Bank’s country director for the Maldives, Nepal, and Sri Lanka.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-19', 'modified' => '2022-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '15767', 'image' => '20220919095920_RS_KTM_008A754909182022c.jpg', 'article_date' => '2022-09-19 09:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16022', 'article_category_id' => '1', 'title' => '11:51 am Auspicious Period for Dashain Tika ', 'sub_title' => '', 'summary' => 'September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The Nepal Calendar Determination Committee, the authorised body of Nepal to decide dates and times for Hindu festivals, has determined 11:51 am on October 5 as the auspicious hour to receive Dashain tika and blessings this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The auspicious time for immersing the statue of goddess Durga is at 10:34 am the same day, according to the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“Although one can offer and receive tika and blessings throughout the day, the auspicious hour for it is determined at 11:51 am,” said Prof Shree Krishna Adhikari, chairperson of the committee. </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"">Tika is a mixture of rice grains, red vermillion and curd, which is put on the forehead as a blessing from goddess Durga on the 10th day of the Dashain festival. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the auspicious time for Ghatasthapana, the first day of the Dashain festival, is 10:23 am on September 26. Ghatasthapana is the auspicious occasion wherein sacred Jamara or the newly germinated barley or maize shoots that are put behind the ears or on the head as an auspicious items, are grown. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15766', 'image' => '20220918023227_maxresdefault.jpg', 'article_date' => '2022-09-18 14:26:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16025', 'article_category_id' => '1', 'title' => 'Nepal Pakistan Friendship Trade Fair Underway in Kathmandu', 'sub_title' => '', 'summary' => 'September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 18: Goods manufactured in Pakistan are being displayed in an exhibition which kicked off in Kathmandu on Saturday. Pakistan’s ambassador to Nepal Syed Haider Shah inaugurated the Pakistan and Nepal Friendship Trade Fair 2022 amid a programme at Tripureshwar-based United World Trade Centre on Saturday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">On the occasion, Ambassador Shah said that he expects the exhibition to play a positive role in strengthening the friendly relations between Nepal and Pakistan and to promote bilateral trade as well.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This exhibition is an example of a perfect trade relations between Nepal and Pakistan, said Ambassador Shah. He further shared that both the countries can benefit from the fair because it exhibits home-grown products of both the countries. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Suman Maharjan, managing director of Introduction Trade Show, the organizer of the event, shared that the exhibition will help boost economic activities between the two countries. He further said that the leather products manufactured in Pakistan has a good market in Nepal while the handicraft products of Nepal are in high demand in Pakistan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Products such as furniture, leather items, handicraft, clothes, sarees, kurthas, bed sheets, shoes, slippers, jewelries and ornaments among others are being displayed in the trade fair which will run till September 22. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Mohan Sunuwar, proprietor of BS Local Organic Private Limited informed New Business Age that they are displaying apples and potatoes from Mustang and other organic products during the exhibition. He said that there is enthusiastic participation from Nepal as well as neighbouring countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This trade fair is being organized annually since more than a decade in collaboration between the embassies of Nepal and Pakistan. This year, even Indian and Bangladesh have set up their stalls. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15765', 'image' => '20220918035431_IMG-20220918-WA0001.jpg', 'article_date' => '2022-09-18 15:53:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16024', 'article_category_id' => '266', 'title' => 'Shyam Tamang bags Surya Nepal Monthly Medal', 'sub_title' => '', 'summary' => 'September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Shyam Tamang has won the 'Surya Nepal Gokarna Monthly Medal' golf tournament. Tamang carded six under 66 to win the title of ninth edition of 'Surya Nepal Gokarna Monthly Medal' on Saturday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Chhewang Sherpa scored 4 under 68 and secured the second position. Babu Sherpa tied with Ram Chandra Limbu at 3 under 69 for the third position.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Tashi Dong scored a 2 over 74 and won the title of best gross. Astina Tandon won the women's title by scoring 72 points after playing even par. Forty two players participated in the tournament which was played in stroke play format. The winner of this competition, which was sponsored by Surya Nepal, received awards from Dr. Bhagwan Koirala.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">By the end of the ninth edition, Babu Sherpa sits at the top of the club championship with a total of 280 points. Randeep Thapa stands second with 215 points followed by Shyam Tamang, who has scored 200 points. Karn Thapa dropped to fourth position with 195 points. Similarly, Purna Bahadur Rai is fifth with 125 points, Sameer Acharya is sixth with 130 points and Pavitra Kumar Karki is seventh with 125 points. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pradeep KC, Ang Dorje Sherpa and Chhewang Sherpa are ranked 8th to 10th in the list with 120 points, 115 points and 95 points respectively.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the gross category, Tashi Chhiring is at the top position with 365 points. Wangchen Dhondup, Bijay Shrestha, Tashi Dong and Surendra Phuyal are second to fifth positions respectively. After the monthly medal which is scheduled to be held next month, the top 40 in the net category and the top 20 in the gross category will be eligible for the last two rounds to be held in November and December. From this tournament, the net and gross category club winners will be announced.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15764', 'image' => '20220918031540_1663454994.Clipboard05.jpg', 'article_date' => '2022-09-18 15:14:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16023', 'article_category_id' => '266', 'title' => 'Chachan Group Ventures into Entertainment Sector', 'sub_title' => '', 'summary' => 'September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 18: Chachan Group, a renowned business house of Nepal, has launched the Thrill Factory targeting children and adults.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Chachan Group, the Thrill Factory is an entertainment-oriented commercial enterprise in Chainpur of Birgunj-Pathalaiya Industrial Corridor. It is a first-of-it-kind enterprise that provides entertainment along with physical exercise activities for the targeted groups.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nikhil Chachan, director of Chachan Group, said that Thrill Factory has been opened to as per the demand to meet the interests of all children and adults in Birgunj. He said that the Thrill Factory comprises 15 types of entertainment activities under one roof.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We believe that it will be useful for children and their parents to spend quality time during the holidays. The entertainment activities here are prepared in such a way that they are helpful for the children's knowledge and personality development as well,” said Chachan. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Visitors to the Thrill Factory can enjoy activities such as Tumbling Park, net cricket, rope course, jeep cycling, bull ride, human zero, and shooting range, go carting, wall climbing, basket ball, etc. Chachan claimed that this establishment is for entertainment as well as for physical exercise. A dance floor as well has been arranged for children.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Considering the convenience of the customers, a restaurant has also been brought into operation on the same premises. This fully air-conditioned entertainment venue, prepared with an investment of around Rs 200 million, mainly targets customers from Bara, Parsa, Rautahat, Makwanpur and neighboring India.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15763', 'image' => '20220918025505_1663421957.jpg', 'article_date' => '2022-09-18 14:54:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16021', 'article_category_id' => '1', 'title' => 'Finance Ministry Struggling to Secure Funds for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">September 18: The Ministry of Finance is facing mounting challenges to secure funds for the upcoming elections. The revenue collection of the government has slumped in recent months due to the ban imposed on the import of luxury goods following pressure on the foreign exchange reserves. As a result, the finance ministry is struggling to secure funds for the election as well as for other purposes. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Data show that the government has been collecting revenue worth Rs 1 to 2 billion a day. The government’s expenditure is almost Rs 14 billion a day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Records maintained by the Financial Comptroller General’s Office show that the government collected revenue worth Rs 1.54 billion last Friday while it spent Rs 5.6 billion the same day.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Officials of the finance ministry admit that they are facing problems in securing funds for the election due to the disparity in government’s income and expenditure.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Financial advisor to the ministry, Dr Shalikram Pokharel, says that the entire economy has been affected by the ban on import of luxury goods by the government. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">“The ban has helped Nepal shift towards self-reliance but the revenue collection has been hampered because we have an import-oriented economy,” said Pokharel.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government had imposed a ban on import of luxury goods since last winter to ease the pressure on the foreign exchange reserves. It has directly affected the revenue collection of the government. Officials of the ministry say that the revenue collection will pick up pace as the government has lifted the ban on six out of tem items since September.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to Pokharel, the increase in inflow of remittance in recent days has improved the foreign exchange reserves which can now sustain imports for at least eight months. The ministry believes that this will help in securing funds for the election and also to improve the overall economy.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government is also seeking support from donor agencies to secure funds for the election in terms of technical assistance. Finance Minister Janardan Sharma has been requesting foreign delegates to support the country financially for the election. However, sources at the finance ministry say that despite official letters sent to various countries seeking financial assistance for the election the government has only received assurance so far. It is still not certain whether Nepal will receive financial assistance or not. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">It is estimated that around Rs 20 billion will be required for holding the elections on the scheduled date and to make security arrangements for the election. The ministry is yet to secure funds to this end.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, it has been learnt that the ministry is planning to secure funds or Rs 10 billion for the November 20 elections. The Election Commission has sought more than Rs 11 billion from the government.</span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15762', 'image' => '20220918012740_finance_ministry_copy1.jpg', 'article_date' => '2022-09-18 13:27:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16020', 'article_category_id' => '1', 'title' => 'House of Representatives Completes its Five-Year Term ', 'sub_title' => '', 'summary' => 'September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 18: The House of Representatives (HoR), which witnessed several ups and downs along with dissolution twice, completed its five year-long tenure on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR was dissolved in December 2020 and in May 2021 but was reinstated both the times by the Supreme Court's verdict. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the last meeting of this HoR on Saturday, Speaker Agni Prasad Sapkota said that the history will obviously recall the efforts taken for the complete tenure of the HoR. "Dissolution of the HoR for two times and its restoration is perhaps the first of its incident in the world's parliamentary history. I am confident that this HoR that existed for its full term will be an exemplary model for the future," Speaker Sapkota added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The historic unity among the parties in the HoR of the Federal Parliament in regard to issuing the political map of Nepal including Limiyadhura, Lipulek and Kalapani would be remembered for once and always. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Participations and addresses by Nepal's parliamentarians in different international forums on behalf of Nepal have helped increase visibility of the HoR as well as the visits happened from different countries and meetings and interaction events have helped in the exchanges of good parliamentary practices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Recently, the visit from the Standing Committee Chairman of the National People's Congress of the People's Republic of China, Li Zhanshu, also marked a milestone for the inter-parliamentary cooperation between Nepal's HoR and China's NPC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the roles played by parliamentary committees during this tenure are also remarkable, for which, Speaker Sapkota expressed his gratitude for the roles of the lawmakers for their presence, active participation and consultations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The HoR has also reaffirmed that higher level of understanding and cooperation of the political parties is imperative for the success of the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Speaker Sapkota expressed the hope that the HoR members will make contributions from their side for the successful completion of the HoR election slated for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the 11th session of the HoR that continued for 124 days passed 16 bills altogether from among 42 bills received from previous sessions of the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Federal Parliament Secretariat, seven bills are under consideration in different parliamentary committees and seven others are tabled in the meeting. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-18', 'modified' => '2022-09-18', 'keywords' => '', 'description' => '', 'sortorder' => '15761', 'image' => '20220918010257_parliament building.jpg', 'article_date' => '2022-09-18 13:02:20', '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
