September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season.…
September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season.…
September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal.…
September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians even after the filing of nominations for the upcoming election.…
September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its…
September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday…
September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any…
September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November…
September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s…
September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions…
September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. …
September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value…
September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections.…
September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass…
September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange…
September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15941', 'article_category_id' => '1', 'title' => 'Bank Deposits Increasing due to New Schemes and Festive Season', 'sub_title' => '', 'summary' => 'September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. According to Nepal Bankers’ Association, bank deposits increased by Rs 11.3 billion in the first week of September.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, the total deposits of commercial banks was Rs 4426.16 billion as of August 26 which increased to Rs 4437.45 on September 2. Although the bank deposits declined in the third week of August, they have increased since the fourth week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bank deposits declined by Rs 7.72 billion in the third week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After their failure to attract deposits amid financial crisis, banks have launched various schemes including ten times the principle amount to attract deposits. As the banks were under pressure to increase deposits, they unveiled fixed deposit schemes offering ten times the principle amount in 21 years. Besides the high interest rate, such schemes also offer insurance coverage, credit card, easy loan among other facilities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The attractive schemes of banks have played a positive role in increasing deposits. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">President of Nepal Bankers Association Anil Kumar Upadhyay says that banks were under pressure to increase deposit collection and therefore they announced various schemes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another reason for increase in bank deposits is believed to be the festive season. During the festive season, Nepalis working abroad send money back to their homes. As a result, bank deposits increase along with economic activities during this time of the year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at a public programme on Saturday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari had said that the overall economy is improving due to the increase in inflow of remittance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Remittance inflow during the last fiscal year stood at Rs 1007.31 billion.<br /> With the increase in bank deposits, banks have also increased credit flow.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the first week of September, banks disbursed loans of Rs 167 billion from Rs 130 billion a week ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Credit flow of banks, which was Rs 4,177 billion till mid-August increased to Rs 4,181 billion as of September 2. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CD ratio of banks also declined after the deposit collection exceeded credit flow. The average CD ratio of banks dropped to 88.25 percent on September 2 from 88.42 percent on August 26.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15683', 'image' => '20220906041937_Banks - Copy.jpg', 'article_date' => '2022-09-06 16:18:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15940', 'article_category_id' => '1', 'title' => 'Extension of Road Network Shortens Annapurna Trek', 'sub_title' => '', 'summary' => 'September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. Meanwhile, the peak tourism season for tourists to visit the Annapurna circuit in Manang has started. This foot trail has become a preferred destination among the trekkers who come here.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, tourists used to travel through this trail with a long day schedule, but now it has changed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The journey of trekking that once started from Lamjung's headquarters, Beshisahar, can now be completed in a short time thanks to the expanding network of roads. Now, the journey from Beshisahar to Chame-Khangsar can be reached easily using four-wheelers and the journey can be completed before the specified time, reports the national news agency RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manang’s Disyang Rural Municipality and Thorang-la Pass fall among the popular choices of tourists in the world. In the past, it used to take 18 days to cross Thorang-la Pass. But now this trip has been shortened by about a week with the expansion of the road network, according to RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, one can cross Thorang-la pass in three days after traveling up to Upper Manang by vehicle. Trekking experts shared that individuals are more likely to have altitude sickness while traveling in this way.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Annapurna Circuit touches Lamjung, Manang, Mustang, Myagdi and Kaski district. But with the expansion of the road network, this foot trail is not visible in some places. In some places, the road network has made it difficult to walk on the foot trail. Trekkers have to suffer as the road network has displaced the foot trail. As a result, trekkers are forced to use vehicles.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nia, a citizen of Finland, who came to the Annapurna Circuit with a long schedule, shared that it is good that the road network has been expanded. But the path should not have been displaced, shared Nia. For the tourists who come for trekking, the journey becomes difficult when the road network is narrow and it crosses path with foot trail.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The people of Manang should pay attention and protect it. The road network has been extended from Mustang to the lower part of Thorang-la,” she shared.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Meanwhile, the booking of external tourists for the Annapurna base camp trek has started. Tourism entrepreneurs are excited as bookings have started from the UK, Australia and other countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Dilip Gurung, secretary of Chomrong Tourism Business Committee, informed New Business Age that bookings have being done for the upcoming season.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Recently, Annapurna Base Camp has been equipped with facilities for trekking,” he said, adding that the tourists coming here can trek easily.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At present, seven new hotels have been added above Sinuwa, and four others are under construction. Until last year, there were 26 hotels in areas including Sinuwa, Bambo, Himalayan, Dobhan, Deurali, Machhapuchhre and Annapurna base camps. Now infrastructures including hotels have been added in those places, said Lalit Gurung, a tourism entrepreneur and social activist.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">This area has been protected by Annapurna Area Conservation Project (ACAP) since 2043. According to the standards set by ACAP, in the past, there were 156 rooms with an average of six rooms per hotel. Given the increasing attraction of tourists for trekking in the area, Annapurna Rural Municipality formed a committee four years ago to study the expansion of hotel capacity and infrastructure in the area and tried to make it well organized.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Lekhnath Gautam, head of the Annapurna Area Conservation Project (ACAP), informed that some parts of the foot trail have been damaged by floods and landslides. He said that they are working to conserve the tracks and have also created new ones in places that have been washed away by floods.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15682', 'image' => '20220906024641_20220508080527_Annapurna circuit (3) (1).jpg', 'article_date' => '2022-09-06 14:45:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15939', 'article_category_id' => '1', 'title' => 'EC Expresses its Displeasure Over New Bill to Extend the Terms of MPs', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians even after the filing of nominations for the upcoming election. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians including the members of House of Representatives (HoR) and Provincial Assembly members even after the filing of nominations for the upcoming election. The EC has termed it as an inappropriate decision. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC made a formal remark over the issue on Monday after the government tabled the 'Bill designed to amend some Nepal Acts' with the provision that the tenure of the incumbent MPs will expire only upon the commencement of the first meeting of the newly-elected MPs after the fresh election. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC also recalled the practice of consulting with the EC in the processes of law formation and amendment adding that Article 246 of the Constitution of Nepal has mentioned about the function, duties and rights, and procedures of the EC for the operation, monitoring, direction and control of the election under the federal laws. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the EC has hinted that continuation of the tenure of the MPs could be against the spirit of the election code of conduct if the MPs were vying again in the election. Articles 85 and 177 of the constitution provides for a five-year term of the members of HoR and Provincial Assembly members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The date for the general elections was announced following consultation that it would be practical and non-disputable to count the term of members of House of Representative and Province Assembly members from the first elected date as there is no clarity regarding beginning of their term," the EC said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In a statement issued on Monday EC Spokesperson, Shaligram Sharma Poudel said that it does not seem relevant to amend the law to make it otherwise in case of the term of the HoR and Province Assembly members at a time when election date has been announced and preparations for it is already underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC further said that the new proposed provisions regarding the tenure of the members of parliament would create more confusion. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15681', 'image' => '20220906021429_parliament building.jpg', 'article_date' => '2022-09-06 14:13:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15938', 'article_category_id' => '1', 'title' => 'Yeti Airlines adds new ATR to its Fleet', 'sub_title' => '', 'summary' => 'September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet. The private airline company is planning to add three aircraft this year. As per the plan, the first aircraft arrived in Kathmandu on Monday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that it added ATR 72-500 aircraft to expand its services. This is Yeti's sixth aircraft. The plane landed at the Tribhuvan International Airport at 1:15 PM on Monday afternoon. Sudarshan Bartaula, Yeti’s spokesperson and head of air security, informed that Yeti brought the 70-seat aircraft from an Australian aviation company on lease. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The first flight of the MSN No. 986 series aircraft took place in 2011. He said that the plane has flown only 10,000 cycles. He informed that this aircraft arrived as per the plan to add three aircraft within the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We will bring the second aircraft soon. This plane will fly to the regular destinations and there are plans to conduct flights to a new destination after the addition of another aircraft,” said Bartaula.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to him, Yeti, which currently providing air service with five aircraft, has already completed the necessary paperworks for the new aircraft. The airplane has been painted it and is ready to fly before the Dashain festival. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“This will help to avoid the shortage of air tickets during Dashain to some extent,” added Bartaula. After the new aircraft is ready, the company plans to fly five of them for regular flights and keep one as reserve and will be used during the maintenance of other aircraft or when the flights are delayed.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company claims that the new aircraft is considered the best aircraft with a turboprop engine. The company also mentioned that the aircraft will emit approximately 50 percent less carbon per passenger kilometer than newer generation jets and three times less carbon emissions than older aircraft. Yeti Airlines is the first carbon neutral airline in South Asia, according to the company. Yeti is currently flying to the most accessible destinations in Nepal including Kathmandu, Chandragadhi, Biratnagar, Janakpur, Simara, Pokhara, Bhairahawa, and Nepalgunj.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15680', 'image' => '20220906012348_1662440771.jpg', 'article_date' => '2022-09-06 13:23:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15943', 'article_category_id' => '1', 'title' => 'Security Guard Gurung Released', 'sub_title' => '', 'summary' => 'September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Following pressure from all quarters, Gurung was released on a general date by the order of Chief District Officer Govinda Prasad Rijal. Home Minister Bal Krishna Khand had instructed CDO Rijal to release the security guard deputed at VSF in Chhaya Centre, Thamel. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Police had arrested Gurung on Sunday on the charge of misbehaving with Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">A dispute ensued after Gurung asked Minister Shrestha, who had reached VSF for biometric registration, to follow the queue. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Meanwhile, Garud Securities has maintained that the security guard did not commit any mistake. The company had also filed a case at the Supreme Court demanding the release of Gurung.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Earlier, the association of labourers had demanded the release of Gurung. The association stated that it was unfortunate to arrest Gurung while he was performing his duties. The association has demanded a fair investigation into the incident.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15679', 'image' => '20220906052722_garud.jpg', 'article_date' => '2022-09-06 17:25:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15937', 'article_category_id' => '1', 'title' => 'NATTA Demands Hassle-Free Arrangements for Nepali Tourists', 'sub_title' => '', 'summary' => 'September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA President Ramesh Thapa has expressed concerns regarding the new provision related to visit visa that discourages Nepali citizens from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Monday, NATTA President Thapa said that the Tourist Visa Departure Permission Work Procedure 2079 has provisions that restrict Nepalis from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Therefore, Thapa has requested the government to amend such provision to facilitate Nepali tourists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA argues that the work procedure issued by the government has challenged the basic rights of Nepalis to freely visit foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“NATTA stands with the government to discourage illegal trafficking of humans in the name of tourist visa. However, the work procedure that discourages tourism business has posed a problem for the tourism entrepreneurs,” reads the statement issued by NATTA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the work procedure, any Nepali willing to visit foreign countries in tourist visa need to submit details that he/she earns at least Rs 400,000 a year and has a bank balance of at least Rs 200,000. In addition to this, the aspiring tourist also need to present documents that prove that they are paying taxes to the government. </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15678', 'image' => '20220906091432_Tourist.jpg', 'article_date' => '2022-09-06 09:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15936', 'article_category_id' => '1', 'title' => '10,888 Polling Stations Fixed for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that there were a total of 10,756 polling stations in the local level elections held on May 13 earlier this year. The Election Commission reviewed the number of polling stations considering the number of voters, convenience and security sensitivities in accordance with the Polling Station and Voting Centre Fixation Work Procedure, 2077. </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"">EC Spokesperson Shaligram Sharma Poudel confirmed that the number of polling station has been increased to 10,888. The EC took such decision to make polling management effective and ensure easy access of voters to the voting process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In line with the arrangements specified in the work procedure, the revision was also based on the recommendations received from the district polling station and voting centre fixation recommendation committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The recommendations were made considering several aspects such as voters' density, access to polling station, building, communications, electricity, transport, status of infrastructure, security and geographical situation and consensus among electoral stakeholders. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15677', 'image' => '20220906085356_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-06 08:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15935', 'article_category_id' => '1', 'title' => 'Government to Reimburse 75 percent of the Cost to Industries Developing Infrastructure Themselves', 'sub_title' => '', 'summary' => 'September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant. Star-rated hotels, cement industries and iron industries are entitled to receive 75 percent reimbursement for constructing access roads and transmission lines, according to a new work procedure prepared by the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has prepared a work procedure that encourages the investors themselves to prepare infrastructures like access road, water pipelines, sewage facility among other basic infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Industry, Commerce and Supplies is preparing to implement the provision in the current fiscal year. It was include in the budget of the last fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has already issued the Industrial Infrastructure Development and Reimbursement Work Procedure 2079. The ministry has urged the industrialists to submit their proposals within mid-November assuring them to reimburse the amount spent on infrastructure development.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget of last fiscal year mentions that the investors of star hotels, cement and iron industries will get refunds up to 75 percent if they construct access roads and transmission lines to their respective company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary Chandrakala Poudel informed that three cement industries submitted proposals in this regard during the last fiscal year. However, the government could not reimburse the industries last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“We will reimburse those industries as well as new ones this year,” said Poudel, adding that this facility will be provided only to the hotel industry, cement industry and iron industry right now.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It took long time for the government to make the access roads to the industries,” said Poudel, adding, “Therefore, we decided to encourage the investors to prepare these infrastructures themselves as it will reduce the time required for construction and the industries can come into operation soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Joint Secretary Poudel, the government will provide a maximum of Rs 100 million as reimbursement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The industries submitting proposals to avail reimbursement facility should mention the details including the production capacity of the industry, employment opportunity, annual turnover and also justify the need to construct the industrial infrastructure along with feasibility study report, environment impact assessment report, preliminary engineering map, implementation plan, timeframe required for completion of infrastructure, grid connection agreement with Nepal Electricity Authority and the beneficiaries of the industries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chairman of Nepal Cement Producers Association Tara Prasad Pokharel welcomed the belated decision to implement the work procedure which should have been implemented last year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The government’s tender for infrastructure development takes a long time. The work procedure on the other hand will expedite the process,” he said.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15676', 'image' => '20220905065411_indus.jpg', 'article_date' => '2022-09-05 18:51:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15934', 'article_category_id' => '1', 'title' => 'NRB Seeks to Invest Rs 2 Billion in BFIs' Fixed Deposits ', 'sub_title' => '', 'summary' => 'September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a notice on Monday, the central bank has asked BFIs to bid for the aforementioned amount. The maturity date to keep the money in their fixed deposits is one year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the notice, the NRB is seeking commercial banks (group 'A') to accept fixed deposits of Rs 1.6 billion, development banks (group 'B') Rs 300 million and national level finance companies (group 'C') Rs 100 million. NRB has asked the BFIs to apply for the loan not late than mid-night of September 7. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To avail the fund, the beneficiary BFIs should have been operating for at least for two years and must maintain minimum capital fund ratio. Similarly, they should have less than five percent of their total passive loans, and have at least 20 percent or more than that of net liquid assets of internal deposits. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15675', 'image' => '20220905054810_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-09-05 17:47:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15933', 'article_category_id' => '1', 'title' => 'Expansion of East-West Highway to be Delayed', 'sub_title' => '', 'summary' => 'September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. Although the Ministry of Physical Infrastructure and Transport brought the action plan in the fiscal year 2019/20 to expand the highway in four years, the project is likely to be extended as the work cannot be completed within the deadline.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Th</span></span><span style="font-family:"Arial","sans-serif"">e plan to expand the 1,028 km long highway was included in the policies and programmes as well as the budget of the same fiscal year. </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 highway stretches across the country from east to the west and covers 21 districts of six provinces except Karnali Province. However, works have started only in two sections of the 21 districts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Arjun Jung Thapa, director general of the Department of Roads, informed that the remaining contracts will be awarded in the current fiscal year and the next fiscal year. So far, upgrading has been started in 200 km section.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">These two sections where the works have started include the 113 km Butwal-Narayangadh section and 87 km Kamala-Kanchanpur section of the highway. The concerned authorities are yet to start work along the remaining 828 km section of the highway. The Department of Roads is in the process of awarding the remaining contract in the current fiscal year. Director General Thapa informed that preparations have been made for the contract of Pathalaiya-Dhalkebar-Kamala section this year and the contract of Pathalaiya-Hetauda-Narayangadh section next year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the ministry's action plan, this highway expansion should have been completed in the current fiscal year. However, Thapa says that the work could not be completed within the stipulated time due to four major reasons including the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"It was not easy to move electricity poles and cut trees in the forest areas due to the delay in the getting permission. The impact of the coronavirus pandemic and in some cases the dilly-dallying on part of the construction company also delayed the project," Thapa said, "Now we will start the contract and other works rapidly to complete the project." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A senior official of the ministry said that it will take another 7/8 years to expand the highway into four lanes. </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 department has made five different packages for the highway and proceeded with the work. The physical progress of the Kamala-Kanchanpur package with an estimated cost of Rs 15.65 billion has been 30 percent completed so far. Altogether eight underpasses, two flyovers and 50 bridges will be constructed in this section. The department aims to complete the work by next October. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, in the Narayangadh-Butwal section, where construction has started, a total of 18.44 percent work has been completed so far. The estimated cost of upgrading this road section is Rs 16.99 billion. </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 source of investment for the expansion of this highway is almost ascertained as the Asian Development Bank (ADB) will invest in three sections and the World Bank will invest in the remaining areas.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the World Bank will provide loans for Kamala-Dhalkebar-Pathalaiya section. The department says that the design, procurement process, DPR and environmental impact assessment are currently being done in these sections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the Butwal-Gorusinge-Chandrauta and Chandrauta-Kohalpur-Gaddachowki sections are also at the stage of DPR and environmental study and selection of consultants. Due to the lack of inter-agency coordination, there has been a delay in moving the electricity lines for felling trees, but this problem is not present in Narayangadh section. </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 department insists that trees and electricity poles and other infrastructures under the jurisdiction of the road section should be removed quickly and for that a decision should be made through high-level coordination committee. According to the department, an investment of Rs 64 billion is needed for the 130 km long Kamala-Dhalkebar-Pathalaiya section. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Inaugurated by the then King Mahendra in 2019, this highway is one of the oldest highways of Nepal. .</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15674', 'image' => '20220905044250_1662071156.Clipboard02.jpg', 'article_date' => '2022-09-05 16:42:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15932', 'article_category_id' => '1', 'title' => 'Ministry of Industry signs MoU with Marma Rural Municipality for Conservation of Yarsagumba', 'sub_title' => '', 'summary' => 'September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value . ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu signed the MoU for exchange of cooperation in setting up a centre for conservation and processing of the valuable herb 'yarsagumba' in Marma, Latinath of Darchula district. Marma is located in Api Nampa Conservation Area in Darchula district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the MoU the conservation and processing centre would be set up in collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Minister Badu said that the ministry has set an objective of conserving the fertile areas in the mountainous region of the country, including in the Sudurpaschim Province, where the valuable herb yarsagumba is found. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that more study and research on the coveted herb would be carried out. "We are starting the scientific study on yarsagumba and all its aspects," he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the ministry has the objective of deputing expert teams to the areas across the country where yarsagumba is found, for the purpose of its study and research. He recalled that he had taken initiatives for setting up yarsagumba processing centre and for its conservation from the time he had been the Minister for Forests and Environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Commerce Secretary Dr Toya Narayan Gyawali said yarsagumba is one of the valuable medicinal herbs that has introduced Nepal to the entire world. He said the ministry is vigorously working to export yarsagumba to the world market with the Nepali brand. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Marma Rural Municipality Chairman Jaman Singh Dhami underlined the need of conserving this valuable herb and taking steps for its processing to boost the local economy.</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"">"We are very excited with the signing of MoU for establishing of a yarsagumba processing centre in our locality," he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15673', 'image' => '20220905014538_20220522120955_yarsa.jpg', 'article_date' => '2022-09-05 13:44:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15931', 'article_category_id' => '1', 'title' => 'Stakeholders Demand 50 Percent Women Candidates in Direct Election', 'sub_title' => '', 'summary' => 'September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. They have also pointed the need for competition among women to ensure 50 percent victory.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Constitution of Nepal has made it mandatory for the participation of 33 percent women in the provincial and federal parliaments. However, the political parties are interpreting this provision in their own way and electing 33 percent of women in the parliament through proportional representation instead of direct elections. Limiting women to proportional representation has made them weak in competition and deprived them of the opportunity to bear responsibility towards the voters of the constituency on the other hand.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Currently, political parties are engaged in the selection of candidates for the provincial and federal parliaments, which will be held on November 20. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Voices are being raised to ensure at least half of the candidacies for direct election to women on the pretext that women’s participation in the House of Representatives contributes significantly to the creation of women-friendly laws. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 165 directly elected seats in the current parliament, the number of women lawmakers is only 6. The political parties have allocated 84 out of 110 seats under proportional representation system for women to ensure 33 percent participation of women in parliament.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The aim of the constitution is to ensure at least 33 percent of women in the law-making level, not to increase the percentage of women to 33 through proportional representation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">If the political parties still do not provide equal treatment and equal opportunities to women, it is futile to hope for a change.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Even considering the aspect of population, women should get 50 percent share in elections. According to the Central Department of Statistics, among the population of 29.2 million, around 15 million are women. In addition, the literacy rate of women has increased in recent times and the number of women getting higher education has also increased significantly. Therefore, there is no shortage of potential women candidates for elections.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the 2006 movement, the provision of 33 percent reservation was made for women. However, with the changing times, it is now necessary amend it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Ever since mandating 33 percent women participation, the number of women's participating in the bureaucracy, army, police, courts, educational institutions, financial institutions, etc. has increased. A few days ago, UML leader Dr. Brinda Pandey said that there should be at least 50 percent women candidates in direct elections. Congress leader Dr. Dila Sangraula's echoed the same. Although they raised such serious issue, their own parties are not taking this issue seriously.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Until there is equal opportunity and the courage to take equal risks, recognition has little meaning. Of course, the physiology of women and men are different. But it does not mean that women are weak. Women are more skilled in some work and men are more skilled in other. This matter is only used for division of labor.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In elections, the trend of selecting male candidates for first-past-the-post election and women for proportional representation is not fair. In the upcoming elections, big parties should stop such trend.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15672', 'image' => '20220905013339_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-05 13:33:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15930', 'article_category_id' => '266', 'title' => 'Coca Cola Zero Sugar in RGB', 'sub_title' => '', 'summary' => 'September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle). The company said that this new pack is introduced in the market targeting consumers who want the refreshment of the original taste of Coca-Cola without sugar and calories.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that these RGB bottles are environmentally friendly as they can be reused. The company says that its glass packaging will keep Coca-Cola refreshed for a long time. Coca-Cola Zero Sugar RGB bottle is available in 250ml, priced at Rs.40. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Coca-Cola Director Adarsh Avasthi said, “We are eager to provide our consumers with variety that can be used in all situations. In this context, we are very excited to bring Coca-Cola Zero Sugar in RGB pack as well.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that the new RGB pack of Coca-Cola Zero Sugar is available in 250 ml along with PET pack in 250 ml and 500 ml.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </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' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15671', 'image' => '20220905010950_coca-cola-zero-sugar.jpg', 'article_date' => '2022-09-05 13:09:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15929', 'article_category_id' => '1', 'title' => 'New Stock Exchange Company in the Offing', 'sub_title' => '', 'summary' => 'September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON’s spokesperson Rupesh K.C said that the meeting of board’s management committee has revised the regulation and sent it to the Ministry of Finance for approval. He said that the Ministry of Finance will submit the revised regulation to the Council of Ministers for approval, and after the Council of Ministers passes it, SEBON will implement it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">KC informed that amendments have been made for new arrangement of paid-up capital, investment and share acquisition. The regulations have been amended by proposing a minimum paid-up capital of Rs 3 billion for the new stock exchange. At present, there is a provision that the paid-up capital should be Rs 50 million. Similarly, the amended regulation also has provision for other institutional investors to invest in the new stock exchange company. Arrangements have been made for any eligible institutional investors, public or private entity to invest in the new company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, only banks, financial institutions, securities traders and listed organizations can invest in stock exchange shares. In the revised regulations, the limit on investment in the new stock exchange has also been increased.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, there is a provision that no single company or organization can take more than 10 per cent of the paid-up capital of the stock exchange. It has been increased to 15 per cent. According to sources at the Securities Board, the new stock exchange license will be given after completing the process before the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Investors have also been demanding a new stock exchange company for a long time. Neighbouring India has two stock exchange companies -- BSE and NSE – in operation.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15670', 'image' => '20220905010702_sebonn.jpg', 'article_date' => '2022-09-05 13:06:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15928', 'article_category_id' => '1', 'title' => 'Preparations Underway to Reopen Meghauli Airport', 'sub_title' => '', 'summary' => 'September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN, the aviation governing body of Nepal, has already started topography survey using digital technology under the airport upgrading masterplan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Former Prime Minister and CPN Maoist Chairperson Pushpa Kamal Dahal inaugurated the topography survey amid a programme on Saturday. On the occasion, Dahal said that the airport will be upgraded soon and then it will come into operation once again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director General of CAAN Pradeep Adhikari informed that they will issue tender bids for upgrading the airport soon after the topography survey report is ready. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The process of upgrading the airport has already begun. We will issue tender bids by fulfilling all the requirements once the field survey report is ready,” Adhikari said, adding, “This airport will be operational soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bharatpur Metropolitan City’s Mayor Renu Dahal said that the metropolis had been making attempts to reopen the airport since a long time. She said that the reopening of the airport will boost tourism in the area. Stating that the airport will also help in generating income for the locals, Mayor Dahal urged CAAN to upgrade the airport as soon as possible.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN informed that it will take ten days less to prepare the report through topography survey than the traditional survey method. It will be easier to upgrade the airport once the mapping is done through DGPS and drone. The surveyors say that there is no compulsion to visit the field for mapping because it is done through advanced technology. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At present, the runway of Meghauli Airport is just a grassland. The runway is 1000 meters long. The airport was closed about twelve years ago after the government banned operation of hotels inside the Chitwan National Park in November/December 2010. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meghauli is 24 kilometers to the south of Bharatpur. </span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15669', 'image' => '20220905115923_meghauli.jpg', 'article_date' => '2022-09-05 11:55:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15941', 'article_category_id' => '1', 'title' => 'Bank Deposits Increasing due to New Schemes and Festive Season', 'sub_title' => '', 'summary' => 'September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. According to Nepal Bankers’ Association, bank deposits increased by Rs 11.3 billion in the first week of September.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, the total deposits of commercial banks was Rs 4426.16 billion as of August 26 which increased to Rs 4437.45 on September 2. Although the bank deposits declined in the third week of August, they have increased since the fourth week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bank deposits declined by Rs 7.72 billion in the third week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After their failure to attract deposits amid financial crisis, banks have launched various schemes including ten times the principle amount to attract deposits. As the banks were under pressure to increase deposits, they unveiled fixed deposit schemes offering ten times the principle amount in 21 years. Besides the high interest rate, such schemes also offer insurance coverage, credit card, easy loan among other facilities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The attractive schemes of banks have played a positive role in increasing deposits. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">President of Nepal Bankers Association Anil Kumar Upadhyay says that banks were under pressure to increase deposit collection and therefore they announced various schemes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another reason for increase in bank deposits is believed to be the festive season. During the festive season, Nepalis working abroad send money back to their homes. As a result, bank deposits increase along with economic activities during this time of the year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at a public programme on Saturday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari had said that the overall economy is improving due to the increase in inflow of remittance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Remittance inflow during the last fiscal year stood at Rs 1007.31 billion.<br /> With the increase in bank deposits, banks have also increased credit flow.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the first week of September, banks disbursed loans of Rs 167 billion from Rs 130 billion a week ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Credit flow of banks, which was Rs 4,177 billion till mid-August increased to Rs 4,181 billion as of September 2. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CD ratio of banks also declined after the deposit collection exceeded credit flow. The average CD ratio of banks dropped to 88.25 percent on September 2 from 88.42 percent on August 26.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15683', 'image' => '20220906041937_Banks - Copy.jpg', 'article_date' => '2022-09-06 16:18:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15940', 'article_category_id' => '1', 'title' => 'Extension of Road Network Shortens Annapurna Trek', 'sub_title' => '', 'summary' => 'September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. Meanwhile, the peak tourism season for tourists to visit the Annapurna circuit in Manang has started. This foot trail has become a preferred destination among the trekkers who come here.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, tourists used to travel through this trail with a long day schedule, but now it has changed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The journey of trekking that once started from Lamjung's headquarters, Beshisahar, can now be completed in a short time thanks to the expanding network of roads. Now, the journey from Beshisahar to Chame-Khangsar can be reached easily using four-wheelers and the journey can be completed before the specified time, reports the national news agency RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manang’s Disyang Rural Municipality and Thorang-la Pass fall among the popular choices of tourists in the world. In the past, it used to take 18 days to cross Thorang-la Pass. But now this trip has been shortened by about a week with the expansion of the road network, according to RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, one can cross Thorang-la pass in three days after traveling up to Upper Manang by vehicle. Trekking experts shared that individuals are more likely to have altitude sickness while traveling in this way.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Annapurna Circuit touches Lamjung, Manang, Mustang, Myagdi and Kaski district. But with the expansion of the road network, this foot trail is not visible in some places. In some places, the road network has made it difficult to walk on the foot trail. Trekkers have to suffer as the road network has displaced the foot trail. As a result, trekkers are forced to use vehicles.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nia, a citizen of Finland, who came to the Annapurna Circuit with a long schedule, shared that it is good that the road network has been expanded. But the path should not have been displaced, shared Nia. For the tourists who come for trekking, the journey becomes difficult when the road network is narrow and it crosses path with foot trail.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The people of Manang should pay attention and protect it. The road network has been extended from Mustang to the lower part of Thorang-la,” she shared.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Meanwhile, the booking of external tourists for the Annapurna base camp trek has started. Tourism entrepreneurs are excited as bookings have started from the UK, Australia and other countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Dilip Gurung, secretary of Chomrong Tourism Business Committee, informed New Business Age that bookings have being done for the upcoming season.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Recently, Annapurna Base Camp has been equipped with facilities for trekking,” he said, adding that the tourists coming here can trek easily.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At present, seven new hotels have been added above Sinuwa, and four others are under construction. Until last year, there were 26 hotels in areas including Sinuwa, Bambo, Himalayan, Dobhan, Deurali, Machhapuchhre and Annapurna base camps. Now infrastructures including hotels have been added in those places, said Lalit Gurung, a tourism entrepreneur and social activist.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">This area has been protected by Annapurna Area Conservation Project (ACAP) since 2043. According to the standards set by ACAP, in the past, there were 156 rooms with an average of six rooms per hotel. Given the increasing attraction of tourists for trekking in the area, Annapurna Rural Municipality formed a committee four years ago to study the expansion of hotel capacity and infrastructure in the area and tried to make it well organized.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Lekhnath Gautam, head of the Annapurna Area Conservation Project (ACAP), informed that some parts of the foot trail have been damaged by floods and landslides. He said that they are working to conserve the tracks and have also created new ones in places that have been washed away by floods.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15682', 'image' => '20220906024641_20220508080527_Annapurna circuit (3) (1).jpg', 'article_date' => '2022-09-06 14:45:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15939', 'article_category_id' => '1', 'title' => 'EC Expresses its Displeasure Over New Bill to Extend the Terms of MPs', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians even after the filing of nominations for the upcoming election. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians including the members of House of Representatives (HoR) and Provincial Assembly members even after the filing of nominations for the upcoming election. The EC has termed it as an inappropriate decision. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC made a formal remark over the issue on Monday after the government tabled the 'Bill designed to amend some Nepal Acts' with the provision that the tenure of the incumbent MPs will expire only upon the commencement of the first meeting of the newly-elected MPs after the fresh election. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC also recalled the practice of consulting with the EC in the processes of law formation and amendment adding that Article 246 of the Constitution of Nepal has mentioned about the function, duties and rights, and procedures of the EC for the operation, monitoring, direction and control of the election under the federal laws. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the EC has hinted that continuation of the tenure of the MPs could be against the spirit of the election code of conduct if the MPs were vying again in the election. Articles 85 and 177 of the constitution provides for a five-year term of the members of HoR and Provincial Assembly members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The date for the general elections was announced following consultation that it would be practical and non-disputable to count the term of members of House of Representative and Province Assembly members from the first elected date as there is no clarity regarding beginning of their term," the EC said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In a statement issued on Monday EC Spokesperson, Shaligram Sharma Poudel said that it does not seem relevant to amend the law to make it otherwise in case of the term of the HoR and Province Assembly members at a time when election date has been announced and preparations for it is already underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC further said that the new proposed provisions regarding the tenure of the members of parliament would create more confusion. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15681', 'image' => '20220906021429_parliament building.jpg', 'article_date' => '2022-09-06 14:13:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15938', 'article_category_id' => '1', 'title' => 'Yeti Airlines adds new ATR to its Fleet', 'sub_title' => '', 'summary' => 'September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet. The private airline company is planning to add three aircraft this year. As per the plan, the first aircraft arrived in Kathmandu on Monday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that it added ATR 72-500 aircraft to expand its services. This is Yeti's sixth aircraft. The plane landed at the Tribhuvan International Airport at 1:15 PM on Monday afternoon. Sudarshan Bartaula, Yeti’s spokesperson and head of air security, informed that Yeti brought the 70-seat aircraft from an Australian aviation company on lease. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The first flight of the MSN No. 986 series aircraft took place in 2011. He said that the plane has flown only 10,000 cycles. He informed that this aircraft arrived as per the plan to add three aircraft within the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We will bring the second aircraft soon. This plane will fly to the regular destinations and there are plans to conduct flights to a new destination after the addition of another aircraft,” said Bartaula.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to him, Yeti, which currently providing air service with five aircraft, has already completed the necessary paperworks for the new aircraft. The airplane has been painted it and is ready to fly before the Dashain festival. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“This will help to avoid the shortage of air tickets during Dashain to some extent,” added Bartaula. After the new aircraft is ready, the company plans to fly five of them for regular flights and keep one as reserve and will be used during the maintenance of other aircraft or when the flights are delayed.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company claims that the new aircraft is considered the best aircraft with a turboprop engine. The company also mentioned that the aircraft will emit approximately 50 percent less carbon per passenger kilometer than newer generation jets and three times less carbon emissions than older aircraft. Yeti Airlines is the first carbon neutral airline in South Asia, according to the company. Yeti is currently flying to the most accessible destinations in Nepal including Kathmandu, Chandragadhi, Biratnagar, Janakpur, Simara, Pokhara, Bhairahawa, and Nepalgunj.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15680', 'image' => '20220906012348_1662440771.jpg', 'article_date' => '2022-09-06 13:23:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15943', 'article_category_id' => '1', 'title' => 'Security Guard Gurung Released', 'sub_title' => '', 'summary' => 'September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Following pressure from all quarters, Gurung was released on a general date by the order of Chief District Officer Govinda Prasad Rijal. Home Minister Bal Krishna Khand had instructed CDO Rijal to release the security guard deputed at VSF in Chhaya Centre, Thamel. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Police had arrested Gurung on Sunday on the charge of misbehaving with Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">A dispute ensued after Gurung asked Minister Shrestha, who had reached VSF for biometric registration, to follow the queue. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Meanwhile, Garud Securities has maintained that the security guard did not commit any mistake. The company had also filed a case at the Supreme Court demanding the release of Gurung.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Earlier, the association of labourers had demanded the release of Gurung. The association stated that it was unfortunate to arrest Gurung while he was performing his duties. The association has demanded a fair investigation into the incident.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15679', 'image' => '20220906052722_garud.jpg', 'article_date' => '2022-09-06 17:25:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15937', 'article_category_id' => '1', 'title' => 'NATTA Demands Hassle-Free Arrangements for Nepali Tourists', 'sub_title' => '', 'summary' => 'September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA President Ramesh Thapa has expressed concerns regarding the new provision related to visit visa that discourages Nepali citizens from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Monday, NATTA President Thapa said that the Tourist Visa Departure Permission Work Procedure 2079 has provisions that restrict Nepalis from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Therefore, Thapa has requested the government to amend such provision to facilitate Nepali tourists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA argues that the work procedure issued by the government has challenged the basic rights of Nepalis to freely visit foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“NATTA stands with the government to discourage illegal trafficking of humans in the name of tourist visa. However, the work procedure that discourages tourism business has posed a problem for the tourism entrepreneurs,” reads the statement issued by NATTA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the work procedure, any Nepali willing to visit foreign countries in tourist visa need to submit details that he/she earns at least Rs 400,000 a year and has a bank balance of at least Rs 200,000. In addition to this, the aspiring tourist also need to present documents that prove that they are paying taxes to the government. </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15678', 'image' => '20220906091432_Tourist.jpg', 'article_date' => '2022-09-06 09:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15936', 'article_category_id' => '1', 'title' => '10,888 Polling Stations Fixed for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that there were a total of 10,756 polling stations in the local level elections held on May 13 earlier this year. The Election Commission reviewed the number of polling stations considering the number of voters, convenience and security sensitivities in accordance with the Polling Station and Voting Centre Fixation Work Procedure, 2077. </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"">EC Spokesperson Shaligram Sharma Poudel confirmed that the number of polling station has been increased to 10,888. The EC took such decision to make polling management effective and ensure easy access of voters to the voting process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In line with the arrangements specified in the work procedure, the revision was also based on the recommendations received from the district polling station and voting centre fixation recommendation committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The recommendations were made considering several aspects such as voters' density, access to polling station, building, communications, electricity, transport, status of infrastructure, security and geographical situation and consensus among electoral stakeholders. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15677', 'image' => '20220906085356_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-06 08:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15935', 'article_category_id' => '1', 'title' => 'Government to Reimburse 75 percent of the Cost to Industries Developing Infrastructure Themselves', 'sub_title' => '', 'summary' => 'September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant. Star-rated hotels, cement industries and iron industries are entitled to receive 75 percent reimbursement for constructing access roads and transmission lines, according to a new work procedure prepared by the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has prepared a work procedure that encourages the investors themselves to prepare infrastructures like access road, water pipelines, sewage facility among other basic infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Industry, Commerce and Supplies is preparing to implement the provision in the current fiscal year. It was include in the budget of the last fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has already issued the Industrial Infrastructure Development and Reimbursement Work Procedure 2079. The ministry has urged the industrialists to submit their proposals within mid-November assuring them to reimburse the amount spent on infrastructure development.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget of last fiscal year mentions that the investors of star hotels, cement and iron industries will get refunds up to 75 percent if they construct access roads and transmission lines to their respective company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary Chandrakala Poudel informed that three cement industries submitted proposals in this regard during the last fiscal year. However, the government could not reimburse the industries last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“We will reimburse those industries as well as new ones this year,” said Poudel, adding that this facility will be provided only to the hotel industry, cement industry and iron industry right now.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It took long time for the government to make the access roads to the industries,” said Poudel, adding, “Therefore, we decided to encourage the investors to prepare these infrastructures themselves as it will reduce the time required for construction and the industries can come into operation soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Joint Secretary Poudel, the government will provide a maximum of Rs 100 million as reimbursement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The industries submitting proposals to avail reimbursement facility should mention the details including the production capacity of the industry, employment opportunity, annual turnover and also justify the need to construct the industrial infrastructure along with feasibility study report, environment impact assessment report, preliminary engineering map, implementation plan, timeframe required for completion of infrastructure, grid connection agreement with Nepal Electricity Authority and the beneficiaries of the industries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chairman of Nepal Cement Producers Association Tara Prasad Pokharel welcomed the belated decision to implement the work procedure which should have been implemented last year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The government’s tender for infrastructure development takes a long time. The work procedure on the other hand will expedite the process,” he said.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15676', 'image' => '20220905065411_indus.jpg', 'article_date' => '2022-09-05 18:51:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15934', 'article_category_id' => '1', 'title' => 'NRB Seeks to Invest Rs 2 Billion in BFIs' Fixed Deposits ', 'sub_title' => '', 'summary' => 'September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a notice on Monday, the central bank has asked BFIs to bid for the aforementioned amount. The maturity date to keep the money in their fixed deposits is one year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the notice, the NRB is seeking commercial banks (group 'A') to accept fixed deposits of Rs 1.6 billion, development banks (group 'B') Rs 300 million and national level finance companies (group 'C') Rs 100 million. NRB has asked the BFIs to apply for the loan not late than mid-night of September 7. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To avail the fund, the beneficiary BFIs should have been operating for at least for two years and must maintain minimum capital fund ratio. Similarly, they should have less than five percent of their total passive loans, and have at least 20 percent or more than that of net liquid assets of internal deposits. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15675', 'image' => '20220905054810_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-09-05 17:47:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15933', 'article_category_id' => '1', 'title' => 'Expansion of East-West Highway to be Delayed', 'sub_title' => '', 'summary' => 'September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. Although the Ministry of Physical Infrastructure and Transport brought the action plan in the fiscal year 2019/20 to expand the highway in four years, the project is likely to be extended as the work cannot be completed within the deadline.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Th</span></span><span style="font-family:"Arial","sans-serif"">e plan to expand the 1,028 km long highway was included in the policies and programmes as well as the budget of the same fiscal year. </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 highway stretches across the country from east to the west and covers 21 districts of six provinces except Karnali Province. However, works have started only in two sections of the 21 districts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Arjun Jung Thapa, director general of the Department of Roads, informed that the remaining contracts will be awarded in the current fiscal year and the next fiscal year. So far, upgrading has been started in 200 km section.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">These two sections where the works have started include the 113 km Butwal-Narayangadh section and 87 km Kamala-Kanchanpur section of the highway. The concerned authorities are yet to start work along the remaining 828 km section of the highway. The Department of Roads is in the process of awarding the remaining contract in the current fiscal year. Director General Thapa informed that preparations have been made for the contract of Pathalaiya-Dhalkebar-Kamala section this year and the contract of Pathalaiya-Hetauda-Narayangadh section next year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the ministry's action plan, this highway expansion should have been completed in the current fiscal year. However, Thapa says that the work could not be completed within the stipulated time due to four major reasons including the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"It was not easy to move electricity poles and cut trees in the forest areas due to the delay in the getting permission. The impact of the coronavirus pandemic and in some cases the dilly-dallying on part of the construction company also delayed the project," Thapa said, "Now we will start the contract and other works rapidly to complete the project." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A senior official of the ministry said that it will take another 7/8 years to expand the highway into four lanes. </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 department has made five different packages for the highway and proceeded with the work. The physical progress of the Kamala-Kanchanpur package with an estimated cost of Rs 15.65 billion has been 30 percent completed so far. Altogether eight underpasses, two flyovers and 50 bridges will be constructed in this section. The department aims to complete the work by next October. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, in the Narayangadh-Butwal section, where construction has started, a total of 18.44 percent work has been completed so far. The estimated cost of upgrading this road section is Rs 16.99 billion. </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 source of investment for the expansion of this highway is almost ascertained as the Asian Development Bank (ADB) will invest in three sections and the World Bank will invest in the remaining areas.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the World Bank will provide loans for Kamala-Dhalkebar-Pathalaiya section. The department says that the design, procurement process, DPR and environmental impact assessment are currently being done in these sections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the Butwal-Gorusinge-Chandrauta and Chandrauta-Kohalpur-Gaddachowki sections are also at the stage of DPR and environmental study and selection of consultants. Due to the lack of inter-agency coordination, there has been a delay in moving the electricity lines for felling trees, but this problem is not present in Narayangadh section. </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 department insists that trees and electricity poles and other infrastructures under the jurisdiction of the road section should be removed quickly and for that a decision should be made through high-level coordination committee. According to the department, an investment of Rs 64 billion is needed for the 130 km long Kamala-Dhalkebar-Pathalaiya section. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Inaugurated by the then King Mahendra in 2019, this highway is one of the oldest highways of Nepal. .</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15674', 'image' => '20220905044250_1662071156.Clipboard02.jpg', 'article_date' => '2022-09-05 16:42:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15932', 'article_category_id' => '1', 'title' => 'Ministry of Industry signs MoU with Marma Rural Municipality for Conservation of Yarsagumba', 'sub_title' => '', 'summary' => 'September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value . ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu signed the MoU for exchange of cooperation in setting up a centre for conservation and processing of the valuable herb 'yarsagumba' in Marma, Latinath of Darchula district. Marma is located in Api Nampa Conservation Area in Darchula district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the MoU the conservation and processing centre would be set up in collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Minister Badu said that the ministry has set an objective of conserving the fertile areas in the mountainous region of the country, including in the Sudurpaschim Province, where the valuable herb yarsagumba is found. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that more study and research on the coveted herb would be carried out. "We are starting the scientific study on yarsagumba and all its aspects," he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the ministry has the objective of deputing expert teams to the areas across the country where yarsagumba is found, for the purpose of its study and research. He recalled that he had taken initiatives for setting up yarsagumba processing centre and for its conservation from the time he had been the Minister for Forests and Environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Commerce Secretary Dr Toya Narayan Gyawali said yarsagumba is one of the valuable medicinal herbs that has introduced Nepal to the entire world. He said the ministry is vigorously working to export yarsagumba to the world market with the Nepali brand. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Marma Rural Municipality Chairman Jaman Singh Dhami underlined the need of conserving this valuable herb and taking steps for its processing to boost the local economy.</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"">"We are very excited with the signing of MoU for establishing of a yarsagumba processing centre in our locality," he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15673', 'image' => '20220905014538_20220522120955_yarsa.jpg', 'article_date' => '2022-09-05 13:44:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15931', 'article_category_id' => '1', 'title' => 'Stakeholders Demand 50 Percent Women Candidates in Direct Election', 'sub_title' => '', 'summary' => 'September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. They have also pointed the need for competition among women to ensure 50 percent victory.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Constitution of Nepal has made it mandatory for the participation of 33 percent women in the provincial and federal parliaments. However, the political parties are interpreting this provision in their own way and electing 33 percent of women in the parliament through proportional representation instead of direct elections. Limiting women to proportional representation has made them weak in competition and deprived them of the opportunity to bear responsibility towards the voters of the constituency on the other hand.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Currently, political parties are engaged in the selection of candidates for the provincial and federal parliaments, which will be held on November 20. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Voices are being raised to ensure at least half of the candidacies for direct election to women on the pretext that women’s participation in the House of Representatives contributes significantly to the creation of women-friendly laws. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 165 directly elected seats in the current parliament, the number of women lawmakers is only 6. The political parties have allocated 84 out of 110 seats under proportional representation system for women to ensure 33 percent participation of women in parliament.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The aim of the constitution is to ensure at least 33 percent of women in the law-making level, not to increase the percentage of women to 33 through proportional representation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">If the political parties still do not provide equal treatment and equal opportunities to women, it is futile to hope for a change.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Even considering the aspect of population, women should get 50 percent share in elections. According to the Central Department of Statistics, among the population of 29.2 million, around 15 million are women. In addition, the literacy rate of women has increased in recent times and the number of women getting higher education has also increased significantly. Therefore, there is no shortage of potential women candidates for elections.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the 2006 movement, the provision of 33 percent reservation was made for women. However, with the changing times, it is now necessary amend it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Ever since mandating 33 percent women participation, the number of women's participating in the bureaucracy, army, police, courts, educational institutions, financial institutions, etc. has increased. A few days ago, UML leader Dr. Brinda Pandey said that there should be at least 50 percent women candidates in direct elections. Congress leader Dr. Dila Sangraula's echoed the same. Although they raised such serious issue, their own parties are not taking this issue seriously.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Until there is equal opportunity and the courage to take equal risks, recognition has little meaning. Of course, the physiology of women and men are different. But it does not mean that women are weak. Women are more skilled in some work and men are more skilled in other. This matter is only used for division of labor.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In elections, the trend of selecting male candidates for first-past-the-post election and women for proportional representation is not fair. In the upcoming elections, big parties should stop such trend.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15672', 'image' => '20220905013339_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-05 13:33:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15930', 'article_category_id' => '266', 'title' => 'Coca Cola Zero Sugar in RGB', 'sub_title' => '', 'summary' => 'September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle). The company said that this new pack is introduced in the market targeting consumers who want the refreshment of the original taste of Coca-Cola without sugar and calories.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that these RGB bottles are environmentally friendly as they can be reused. The company says that its glass packaging will keep Coca-Cola refreshed for a long time. Coca-Cola Zero Sugar RGB bottle is available in 250ml, priced at Rs.40. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Coca-Cola Director Adarsh Avasthi said, “We are eager to provide our consumers with variety that can be used in all situations. In this context, we are very excited to bring Coca-Cola Zero Sugar in RGB pack as well.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that the new RGB pack of Coca-Cola Zero Sugar is available in 250 ml along with PET pack in 250 ml and 500 ml.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </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' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15671', 'image' => '20220905010950_coca-cola-zero-sugar.jpg', 'article_date' => '2022-09-05 13:09:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15929', 'article_category_id' => '1', 'title' => 'New Stock Exchange Company in the Offing', 'sub_title' => '', 'summary' => 'September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON’s spokesperson Rupesh K.C said that the meeting of board’s management committee has revised the regulation and sent it to the Ministry of Finance for approval. He said that the Ministry of Finance will submit the revised regulation to the Council of Ministers for approval, and after the Council of Ministers passes it, SEBON will implement it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">KC informed that amendments have been made for new arrangement of paid-up capital, investment and share acquisition. The regulations have been amended by proposing a minimum paid-up capital of Rs 3 billion for the new stock exchange. At present, there is a provision that the paid-up capital should be Rs 50 million. Similarly, the amended regulation also has provision for other institutional investors to invest in the new stock exchange company. Arrangements have been made for any eligible institutional investors, public or private entity to invest in the new company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, only banks, financial institutions, securities traders and listed organizations can invest in stock exchange shares. In the revised regulations, the limit on investment in the new stock exchange has also been increased.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, there is a provision that no single company or organization can take more than 10 per cent of the paid-up capital of the stock exchange. It has been increased to 15 per cent. According to sources at the Securities Board, the new stock exchange license will be given after completing the process before the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Investors have also been demanding a new stock exchange company for a long time. Neighbouring India has two stock exchange companies -- BSE and NSE – in operation.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15670', 'image' => '20220905010702_sebonn.jpg', 'article_date' => '2022-09-05 13:06:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15928', 'article_category_id' => '1', 'title' => 'Preparations Underway to Reopen Meghauli Airport', 'sub_title' => '', 'summary' => 'September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN, the aviation governing body of Nepal, has already started topography survey using digital technology under the airport upgrading masterplan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Former Prime Minister and CPN Maoist Chairperson Pushpa Kamal Dahal inaugurated the topography survey amid a programme on Saturday. On the occasion, Dahal said that the airport will be upgraded soon and then it will come into operation once again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director General of CAAN Pradeep Adhikari informed that they will issue tender bids for upgrading the airport soon after the topography survey report is ready. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The process of upgrading the airport has already begun. We will issue tender bids by fulfilling all the requirements once the field survey report is ready,” Adhikari said, adding, “This airport will be operational soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bharatpur Metropolitan City’s Mayor Renu Dahal said that the metropolis had been making attempts to reopen the airport since a long time. She said that the reopening of the airport will boost tourism in the area. Stating that the airport will also help in generating income for the locals, Mayor Dahal urged CAAN to upgrade the airport as soon as possible.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN informed that it will take ten days less to prepare the report through topography survey than the traditional survey method. It will be easier to upgrade the airport once the mapping is done through DGPS and drone. The surveyors say that there is no compulsion to visit the field for mapping because it is done through advanced technology. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At present, the runway of Meghauli Airport is just a grassland. The runway is 1000 meters long. The airport was closed about twelve years ago after the government banned operation of hotels inside the Chitwan National Park in November/December 2010. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meghauli is 24 kilometers to the south of Bharatpur. </span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15669', 'image' => '20220905115923_meghauli.jpg', 'article_date' => '2022-09-05 11:55:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15941', 'article_category_id' => '1', 'title' => 'Bank Deposits Increasing due to New Schemes and Festive Season', 'sub_title' => '', 'summary' => 'September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. According to Nepal Bankers’ Association, bank deposits increased by Rs 11.3 billion in the first week of September.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, the total deposits of commercial banks was Rs 4426.16 billion as of August 26 which increased to Rs 4437.45 on September 2. Although the bank deposits declined in the third week of August, they have increased since the fourth week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bank deposits declined by Rs 7.72 billion in the third week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After their failure to attract deposits amid financial crisis, banks have launched various schemes including ten times the principle amount to attract deposits. As the banks were under pressure to increase deposits, they unveiled fixed deposit schemes offering ten times the principle amount in 21 years. Besides the high interest rate, such schemes also offer insurance coverage, credit card, easy loan among other facilities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The attractive schemes of banks have played a positive role in increasing deposits. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">President of Nepal Bankers Association Anil Kumar Upadhyay says that banks were under pressure to increase deposit collection and therefore they announced various schemes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another reason for increase in bank deposits is believed to be the festive season. During the festive season, Nepalis working abroad send money back to their homes. As a result, bank deposits increase along with economic activities during this time of the year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at a public programme on Saturday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari had said that the overall economy is improving due to the increase in inflow of remittance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Remittance inflow during the last fiscal year stood at Rs 1007.31 billion.<br /> With the increase in bank deposits, banks have also increased credit flow.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the first week of September, banks disbursed loans of Rs 167 billion from Rs 130 billion a week ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Credit flow of banks, which was Rs 4,177 billion till mid-August increased to Rs 4,181 billion as of September 2. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CD ratio of banks also declined after the deposit collection exceeded credit flow. The average CD ratio of banks dropped to 88.25 percent on September 2 from 88.42 percent on August 26.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15683', 'image' => '20220906041937_Banks - Copy.jpg', 'article_date' => '2022-09-06 16:18:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15940', 'article_category_id' => '1', 'title' => 'Extension of Road Network Shortens Annapurna Trek', 'sub_title' => '', 'summary' => 'September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. Meanwhile, the peak tourism season for tourists to visit the Annapurna circuit in Manang has started. This foot trail has become a preferred destination among the trekkers who come here.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, tourists used to travel through this trail with a long day schedule, but now it has changed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The journey of trekking that once started from Lamjung's headquarters, Beshisahar, can now be completed in a short time thanks to the expanding network of roads. Now, the journey from Beshisahar to Chame-Khangsar can be reached easily using four-wheelers and the journey can be completed before the specified time, reports the national news agency RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manang’s Disyang Rural Municipality and Thorang-la Pass fall among the popular choices of tourists in the world. In the past, it used to take 18 days to cross Thorang-la Pass. But now this trip has been shortened by about a week with the expansion of the road network, according to RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, one can cross Thorang-la pass in three days after traveling up to Upper Manang by vehicle. Trekking experts shared that individuals are more likely to have altitude sickness while traveling in this way.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Annapurna Circuit touches Lamjung, Manang, Mustang, Myagdi and Kaski district. But with the expansion of the road network, this foot trail is not visible in some places. In some places, the road network has made it difficult to walk on the foot trail. Trekkers have to suffer as the road network has displaced the foot trail. As a result, trekkers are forced to use vehicles.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nia, a citizen of Finland, who came to the Annapurna Circuit with a long schedule, shared that it is good that the road network has been expanded. But the path should not have been displaced, shared Nia. For the tourists who come for trekking, the journey becomes difficult when the road network is narrow and it crosses path with foot trail.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The people of Manang should pay attention and protect it. The road network has been extended from Mustang to the lower part of Thorang-la,” she shared.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Meanwhile, the booking of external tourists for the Annapurna base camp trek has started. Tourism entrepreneurs are excited as bookings have started from the UK, Australia and other countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Dilip Gurung, secretary of Chomrong Tourism Business Committee, informed New Business Age that bookings have being done for the upcoming season.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Recently, Annapurna Base Camp has been equipped with facilities for trekking,” he said, adding that the tourists coming here can trek easily.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At present, seven new hotels have been added above Sinuwa, and four others are under construction. Until last year, there were 26 hotels in areas including Sinuwa, Bambo, Himalayan, Dobhan, Deurali, Machhapuchhre and Annapurna base camps. Now infrastructures including hotels have been added in those places, said Lalit Gurung, a tourism entrepreneur and social activist.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">This area has been protected by Annapurna Area Conservation Project (ACAP) since 2043. According to the standards set by ACAP, in the past, there were 156 rooms with an average of six rooms per hotel. Given the increasing attraction of tourists for trekking in the area, Annapurna Rural Municipality formed a committee four years ago to study the expansion of hotel capacity and infrastructure in the area and tried to make it well organized.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Lekhnath Gautam, head of the Annapurna Area Conservation Project (ACAP), informed that some parts of the foot trail have been damaged by floods and landslides. He said that they are working to conserve the tracks and have also created new ones in places that have been washed away by floods.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15682', 'image' => '20220906024641_20220508080527_Annapurna circuit (3) (1).jpg', 'article_date' => '2022-09-06 14:45:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15939', 'article_category_id' => '1', 'title' => 'EC Expresses its Displeasure Over New Bill to Extend the Terms of MPs', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians even after the filing of nominations for the upcoming election. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians including the members of House of Representatives (HoR) and Provincial Assembly members even after the filing of nominations for the upcoming election. The EC has termed it as an inappropriate decision. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC made a formal remark over the issue on Monday after the government tabled the 'Bill designed to amend some Nepal Acts' with the provision that the tenure of the incumbent MPs will expire only upon the commencement of the first meeting of the newly-elected MPs after the fresh election. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC also recalled the practice of consulting with the EC in the processes of law formation and amendment adding that Article 246 of the Constitution of Nepal has mentioned about the function, duties and rights, and procedures of the EC for the operation, monitoring, direction and control of the election under the federal laws. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the EC has hinted that continuation of the tenure of the MPs could be against the spirit of the election code of conduct if the MPs were vying again in the election. Articles 85 and 177 of the constitution provides for a five-year term of the members of HoR and Provincial Assembly members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The date for the general elections was announced following consultation that it would be practical and non-disputable to count the term of members of House of Representative and Province Assembly members from the first elected date as there is no clarity regarding beginning of their term," the EC said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In a statement issued on Monday EC Spokesperson, Shaligram Sharma Poudel said that it does not seem relevant to amend the law to make it otherwise in case of the term of the HoR and Province Assembly members at a time when election date has been announced and preparations for it is already underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC further said that the new proposed provisions regarding the tenure of the members of parliament would create more confusion. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15681', 'image' => '20220906021429_parliament building.jpg', 'article_date' => '2022-09-06 14:13:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15938', 'article_category_id' => '1', 'title' => 'Yeti Airlines adds new ATR to its Fleet', 'sub_title' => '', 'summary' => 'September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet. The private airline company is planning to add three aircraft this year. As per the plan, the first aircraft arrived in Kathmandu on Monday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that it added ATR 72-500 aircraft to expand its services. This is Yeti's sixth aircraft. The plane landed at the Tribhuvan International Airport at 1:15 PM on Monday afternoon. Sudarshan Bartaula, Yeti’s spokesperson and head of air security, informed that Yeti brought the 70-seat aircraft from an Australian aviation company on lease. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The first flight of the MSN No. 986 series aircraft took place in 2011. He said that the plane has flown only 10,000 cycles. He informed that this aircraft arrived as per the plan to add three aircraft within the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We will bring the second aircraft soon. This plane will fly to the regular destinations and there are plans to conduct flights to a new destination after the addition of another aircraft,” said Bartaula.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to him, Yeti, which currently providing air service with five aircraft, has already completed the necessary paperworks for the new aircraft. The airplane has been painted it and is ready to fly before the Dashain festival. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“This will help to avoid the shortage of air tickets during Dashain to some extent,” added Bartaula. After the new aircraft is ready, the company plans to fly five of them for regular flights and keep one as reserve and will be used during the maintenance of other aircraft or when the flights are delayed.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company claims that the new aircraft is considered the best aircraft with a turboprop engine. The company also mentioned that the aircraft will emit approximately 50 percent less carbon per passenger kilometer than newer generation jets and three times less carbon emissions than older aircraft. Yeti Airlines is the first carbon neutral airline in South Asia, according to the company. Yeti is currently flying to the most accessible destinations in Nepal including Kathmandu, Chandragadhi, Biratnagar, Janakpur, Simara, Pokhara, Bhairahawa, and Nepalgunj.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15680', 'image' => '20220906012348_1662440771.jpg', 'article_date' => '2022-09-06 13:23:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15943', 'article_category_id' => '1', 'title' => 'Security Guard Gurung Released', 'sub_title' => '', 'summary' => 'September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Following pressure from all quarters, Gurung was released on a general date by the order of Chief District Officer Govinda Prasad Rijal. Home Minister Bal Krishna Khand had instructed CDO Rijal to release the security guard deputed at VSF in Chhaya Centre, Thamel. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Police had arrested Gurung on Sunday on the charge of misbehaving with Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">A dispute ensued after Gurung asked Minister Shrestha, who had reached VSF for biometric registration, to follow the queue. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Meanwhile, Garud Securities has maintained that the security guard did not commit any mistake. The company had also filed a case at the Supreme Court demanding the release of Gurung.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Earlier, the association of labourers had demanded the release of Gurung. The association stated that it was unfortunate to arrest Gurung while he was performing his duties. The association has demanded a fair investigation into the incident.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15679', 'image' => '20220906052722_garud.jpg', 'article_date' => '2022-09-06 17:25:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15937', 'article_category_id' => '1', 'title' => 'NATTA Demands Hassle-Free Arrangements for Nepali Tourists', 'sub_title' => '', 'summary' => 'September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA President Ramesh Thapa has expressed concerns regarding the new provision related to visit visa that discourages Nepali citizens from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Monday, NATTA President Thapa said that the Tourist Visa Departure Permission Work Procedure 2079 has provisions that restrict Nepalis from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Therefore, Thapa has requested the government to amend such provision to facilitate Nepali tourists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA argues that the work procedure issued by the government has challenged the basic rights of Nepalis to freely visit foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“NATTA stands with the government to discourage illegal trafficking of humans in the name of tourist visa. However, the work procedure that discourages tourism business has posed a problem for the tourism entrepreneurs,” reads the statement issued by NATTA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the work procedure, any Nepali willing to visit foreign countries in tourist visa need to submit details that he/she earns at least Rs 400,000 a year and has a bank balance of at least Rs 200,000. In addition to this, the aspiring tourist also need to present documents that prove that they are paying taxes to the government. </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15678', 'image' => '20220906091432_Tourist.jpg', 'article_date' => '2022-09-06 09:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15936', 'article_category_id' => '1', 'title' => '10,888 Polling Stations Fixed for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that there were a total of 10,756 polling stations in the local level elections held on May 13 earlier this year. The Election Commission reviewed the number of polling stations considering the number of voters, convenience and security sensitivities in accordance with the Polling Station and Voting Centre Fixation Work Procedure, 2077. </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"">EC Spokesperson Shaligram Sharma Poudel confirmed that the number of polling station has been increased to 10,888. The EC took such decision to make polling management effective and ensure easy access of voters to the voting process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In line with the arrangements specified in the work procedure, the revision was also based on the recommendations received from the district polling station and voting centre fixation recommendation committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The recommendations were made considering several aspects such as voters' density, access to polling station, building, communications, electricity, transport, status of infrastructure, security and geographical situation and consensus among electoral stakeholders. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15677', 'image' => '20220906085356_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-06 08:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15935', 'article_category_id' => '1', 'title' => 'Government to Reimburse 75 percent of the Cost to Industries Developing Infrastructure Themselves', 'sub_title' => '', 'summary' => 'September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant. Star-rated hotels, cement industries and iron industries are entitled to receive 75 percent reimbursement for constructing access roads and transmission lines, according to a new work procedure prepared by the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has prepared a work procedure that encourages the investors themselves to prepare infrastructures like access road, water pipelines, sewage facility among other basic infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Industry, Commerce and Supplies is preparing to implement the provision in the current fiscal year. It was include in the budget of the last fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has already issued the Industrial Infrastructure Development and Reimbursement Work Procedure 2079. The ministry has urged the industrialists to submit their proposals within mid-November assuring them to reimburse the amount spent on infrastructure development.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget of last fiscal year mentions that the investors of star hotels, cement and iron industries will get refunds up to 75 percent if they construct access roads and transmission lines to their respective company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary Chandrakala Poudel informed that three cement industries submitted proposals in this regard during the last fiscal year. However, the government could not reimburse the industries last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“We will reimburse those industries as well as new ones this year,” said Poudel, adding that this facility will be provided only to the hotel industry, cement industry and iron industry right now.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It took long time for the government to make the access roads to the industries,” said Poudel, adding, “Therefore, we decided to encourage the investors to prepare these infrastructures themselves as it will reduce the time required for construction and the industries can come into operation soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Joint Secretary Poudel, the government will provide a maximum of Rs 100 million as reimbursement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The industries submitting proposals to avail reimbursement facility should mention the details including the production capacity of the industry, employment opportunity, annual turnover and also justify the need to construct the industrial infrastructure along with feasibility study report, environment impact assessment report, preliminary engineering map, implementation plan, timeframe required for completion of infrastructure, grid connection agreement with Nepal Electricity Authority and the beneficiaries of the industries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chairman of Nepal Cement Producers Association Tara Prasad Pokharel welcomed the belated decision to implement the work procedure which should have been implemented last year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The government’s tender for infrastructure development takes a long time. The work procedure on the other hand will expedite the process,” he said.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15676', 'image' => '20220905065411_indus.jpg', 'article_date' => '2022-09-05 18:51:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15934', 'article_category_id' => '1', 'title' => 'NRB Seeks to Invest Rs 2 Billion in BFIs' Fixed Deposits ', 'sub_title' => '', 'summary' => 'September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a notice on Monday, the central bank has asked BFIs to bid for the aforementioned amount. The maturity date to keep the money in their fixed deposits is one year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the notice, the NRB is seeking commercial banks (group 'A') to accept fixed deposits of Rs 1.6 billion, development banks (group 'B') Rs 300 million and national level finance companies (group 'C') Rs 100 million. NRB has asked the BFIs to apply for the loan not late than mid-night of September 7. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To avail the fund, the beneficiary BFIs should have been operating for at least for two years and must maintain minimum capital fund ratio. Similarly, they should have less than five percent of their total passive loans, and have at least 20 percent or more than that of net liquid assets of internal deposits. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15675', 'image' => '20220905054810_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-09-05 17:47:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15933', 'article_category_id' => '1', 'title' => 'Expansion of East-West Highway to be Delayed', 'sub_title' => '', 'summary' => 'September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. Although the Ministry of Physical Infrastructure and Transport brought the action plan in the fiscal year 2019/20 to expand the highway in four years, the project is likely to be extended as the work cannot be completed within the deadline.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Th</span></span><span style="font-family:"Arial","sans-serif"">e plan to expand the 1,028 km long highway was included in the policies and programmes as well as the budget of the same fiscal year. </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 highway stretches across the country from east to the west and covers 21 districts of six provinces except Karnali Province. However, works have started only in two sections of the 21 districts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Arjun Jung Thapa, director general of the Department of Roads, informed that the remaining contracts will be awarded in the current fiscal year and the next fiscal year. So far, upgrading has been started in 200 km section.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">These two sections where the works have started include the 113 km Butwal-Narayangadh section and 87 km Kamala-Kanchanpur section of the highway. The concerned authorities are yet to start work along the remaining 828 km section of the highway. The Department of Roads is in the process of awarding the remaining contract in the current fiscal year. Director General Thapa informed that preparations have been made for the contract of Pathalaiya-Dhalkebar-Kamala section this year and the contract of Pathalaiya-Hetauda-Narayangadh section next year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the ministry's action plan, this highway expansion should have been completed in the current fiscal year. However, Thapa says that the work could not be completed within the stipulated time due to four major reasons including the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"It was not easy to move electricity poles and cut trees in the forest areas due to the delay in the getting permission. The impact of the coronavirus pandemic and in some cases the dilly-dallying on part of the construction company also delayed the project," Thapa said, "Now we will start the contract and other works rapidly to complete the project." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A senior official of the ministry said that it will take another 7/8 years to expand the highway into four lanes. </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 department has made five different packages for the highway and proceeded with the work. The physical progress of the Kamala-Kanchanpur package with an estimated cost of Rs 15.65 billion has been 30 percent completed so far. Altogether eight underpasses, two flyovers and 50 bridges will be constructed in this section. The department aims to complete the work by next October. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, in the Narayangadh-Butwal section, where construction has started, a total of 18.44 percent work has been completed so far. The estimated cost of upgrading this road section is Rs 16.99 billion. </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 source of investment for the expansion of this highway is almost ascertained as the Asian Development Bank (ADB) will invest in three sections and the World Bank will invest in the remaining areas.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the World Bank will provide loans for Kamala-Dhalkebar-Pathalaiya section. The department says that the design, procurement process, DPR and environmental impact assessment are currently being done in these sections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the Butwal-Gorusinge-Chandrauta and Chandrauta-Kohalpur-Gaddachowki sections are also at the stage of DPR and environmental study and selection of consultants. Due to the lack of inter-agency coordination, there has been a delay in moving the electricity lines for felling trees, but this problem is not present in Narayangadh section. </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 department insists that trees and electricity poles and other infrastructures under the jurisdiction of the road section should be removed quickly and for that a decision should be made through high-level coordination committee. According to the department, an investment of Rs 64 billion is needed for the 130 km long Kamala-Dhalkebar-Pathalaiya section. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Inaugurated by the then King Mahendra in 2019, this highway is one of the oldest highways of Nepal. .</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15674', 'image' => '20220905044250_1662071156.Clipboard02.jpg', 'article_date' => '2022-09-05 16:42:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15932', 'article_category_id' => '1', 'title' => 'Ministry of Industry signs MoU with Marma Rural Municipality for Conservation of Yarsagumba', 'sub_title' => '', 'summary' => 'September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value . ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu signed the MoU for exchange of cooperation in setting up a centre for conservation and processing of the valuable herb 'yarsagumba' in Marma, Latinath of Darchula district. Marma is located in Api Nampa Conservation Area in Darchula district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the MoU the conservation and processing centre would be set up in collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Minister Badu said that the ministry has set an objective of conserving the fertile areas in the mountainous region of the country, including in the Sudurpaschim Province, where the valuable herb yarsagumba is found. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that more study and research on the coveted herb would be carried out. "We are starting the scientific study on yarsagumba and all its aspects," he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the ministry has the objective of deputing expert teams to the areas across the country where yarsagumba is found, for the purpose of its study and research. He recalled that he had taken initiatives for setting up yarsagumba processing centre and for its conservation from the time he had been the Minister for Forests and Environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Commerce Secretary Dr Toya Narayan Gyawali said yarsagumba is one of the valuable medicinal herbs that has introduced Nepal to the entire world. He said the ministry is vigorously working to export yarsagumba to the world market with the Nepali brand. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Marma Rural Municipality Chairman Jaman Singh Dhami underlined the need of conserving this valuable herb and taking steps for its processing to boost the local economy.</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"">"We are very excited with the signing of MoU for establishing of a yarsagumba processing centre in our locality," he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15673', 'image' => '20220905014538_20220522120955_yarsa.jpg', 'article_date' => '2022-09-05 13:44:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15931', 'article_category_id' => '1', 'title' => 'Stakeholders Demand 50 Percent Women Candidates in Direct Election', 'sub_title' => '', 'summary' => 'September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. They have also pointed the need for competition among women to ensure 50 percent victory.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Constitution of Nepal has made it mandatory for the participation of 33 percent women in the provincial and federal parliaments. However, the political parties are interpreting this provision in their own way and electing 33 percent of women in the parliament through proportional representation instead of direct elections. Limiting women to proportional representation has made them weak in competition and deprived them of the opportunity to bear responsibility towards the voters of the constituency on the other hand.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Currently, political parties are engaged in the selection of candidates for the provincial and federal parliaments, which will be held on November 20. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Voices are being raised to ensure at least half of the candidacies for direct election to women on the pretext that women’s participation in the House of Representatives contributes significantly to the creation of women-friendly laws. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 165 directly elected seats in the current parliament, the number of women lawmakers is only 6. The political parties have allocated 84 out of 110 seats under proportional representation system for women to ensure 33 percent participation of women in parliament.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The aim of the constitution is to ensure at least 33 percent of women in the law-making level, not to increase the percentage of women to 33 through proportional representation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">If the political parties still do not provide equal treatment and equal opportunities to women, it is futile to hope for a change.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Even considering the aspect of population, women should get 50 percent share in elections. According to the Central Department of Statistics, among the population of 29.2 million, around 15 million are women. In addition, the literacy rate of women has increased in recent times and the number of women getting higher education has also increased significantly. Therefore, there is no shortage of potential women candidates for elections.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the 2006 movement, the provision of 33 percent reservation was made for women. However, with the changing times, it is now necessary amend it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Ever since mandating 33 percent women participation, the number of women's participating in the bureaucracy, army, police, courts, educational institutions, financial institutions, etc. has increased. A few days ago, UML leader Dr. Brinda Pandey said that there should be at least 50 percent women candidates in direct elections. Congress leader Dr. Dila Sangraula's echoed the same. Although they raised such serious issue, their own parties are not taking this issue seriously.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Until there is equal opportunity and the courage to take equal risks, recognition has little meaning. Of course, the physiology of women and men are different. But it does not mean that women are weak. Women are more skilled in some work and men are more skilled in other. This matter is only used for division of labor.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In elections, the trend of selecting male candidates for first-past-the-post election and women for proportional representation is not fair. In the upcoming elections, big parties should stop such trend.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15672', 'image' => '20220905013339_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-05 13:33:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15930', 'article_category_id' => '266', 'title' => 'Coca Cola Zero Sugar in RGB', 'sub_title' => '', 'summary' => 'September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle). The company said that this new pack is introduced in the market targeting consumers who want the refreshment of the original taste of Coca-Cola without sugar and calories.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that these RGB bottles are environmentally friendly as they can be reused. The company says that its glass packaging will keep Coca-Cola refreshed for a long time. Coca-Cola Zero Sugar RGB bottle is available in 250ml, priced at Rs.40. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Coca-Cola Director Adarsh Avasthi said, “We are eager to provide our consumers with variety that can be used in all situations. In this context, we are very excited to bring Coca-Cola Zero Sugar in RGB pack as well.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that the new RGB pack of Coca-Cola Zero Sugar is available in 250 ml along with PET pack in 250 ml and 500 ml.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </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' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15671', 'image' => '20220905010950_coca-cola-zero-sugar.jpg', 'article_date' => '2022-09-05 13:09:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15929', 'article_category_id' => '1', 'title' => 'New Stock Exchange Company in the Offing', 'sub_title' => '', 'summary' => 'September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON’s spokesperson Rupesh K.C said that the meeting of board’s management committee has revised the regulation and sent it to the Ministry of Finance for approval. He said that the Ministry of Finance will submit the revised regulation to the Council of Ministers for approval, and after the Council of Ministers passes it, SEBON will implement it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">KC informed that amendments have been made for new arrangement of paid-up capital, investment and share acquisition. The regulations have been amended by proposing a minimum paid-up capital of Rs 3 billion for the new stock exchange. At present, there is a provision that the paid-up capital should be Rs 50 million. Similarly, the amended regulation also has provision for other institutional investors to invest in the new stock exchange company. Arrangements have been made for any eligible institutional investors, public or private entity to invest in the new company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, only banks, financial institutions, securities traders and listed organizations can invest in stock exchange shares. In the revised regulations, the limit on investment in the new stock exchange has also been increased.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, there is a provision that no single company or organization can take more than 10 per cent of the paid-up capital of the stock exchange. It has been increased to 15 per cent. According to sources at the Securities Board, the new stock exchange license will be given after completing the process before the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Investors have also been demanding a new stock exchange company for a long time. Neighbouring India has two stock exchange companies -- BSE and NSE – in operation.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15670', 'image' => '20220905010702_sebonn.jpg', 'article_date' => '2022-09-05 13:06:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15928', 'article_category_id' => '1', 'title' => 'Preparations Underway to Reopen Meghauli Airport', 'sub_title' => '', 'summary' => 'September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN, the aviation governing body of Nepal, has already started topography survey using digital technology under the airport upgrading masterplan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Former Prime Minister and CPN Maoist Chairperson Pushpa Kamal Dahal inaugurated the topography survey amid a programme on Saturday. On the occasion, Dahal said that the airport will be upgraded soon and then it will come into operation once again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director General of CAAN Pradeep Adhikari informed that they will issue tender bids for upgrading the airport soon after the topography survey report is ready. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The process of upgrading the airport has already begun. We will issue tender bids by fulfilling all the requirements once the field survey report is ready,” Adhikari said, adding, “This airport will be operational soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bharatpur Metropolitan City’s Mayor Renu Dahal said that the metropolis had been making attempts to reopen the airport since a long time. She said that the reopening of the airport will boost tourism in the area. Stating that the airport will also help in generating income for the locals, Mayor Dahal urged CAAN to upgrade the airport as soon as possible.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN informed that it will take ten days less to prepare the report through topography survey than the traditional survey method. It will be easier to upgrade the airport once the mapping is done through DGPS and drone. The surveyors say that there is no compulsion to visit the field for mapping because it is done through advanced technology. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At present, the runway of Meghauli Airport is just a grassland. The runway is 1000 meters long. The airport was closed about twelve years ago after the government banned operation of hotels inside the Chitwan National Park in November/December 2010. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meghauli is 24 kilometers to the south of Bharatpur. </span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15669', 'image' => '20220905115923_meghauli.jpg', 'article_date' => '2022-09-05 11:55:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15941', 'article_category_id' => '1', 'title' => 'Bank Deposits Increasing due to New Schemes and Festive Season', 'sub_title' => '', 'summary' => 'September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Deposit collection of banks has improved due to their fixed deposit schemes as well as the upcoming festive season. According to Nepal Bankers’ Association, bank deposits increased by Rs 11.3 billion in the first week of September.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the association, the total deposits of commercial banks was Rs 4426.16 billion as of August 26 which increased to Rs 4437.45 on September 2. Although the bank deposits declined in the third week of August, they have increased since the fourth week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bank deposits declined by Rs 7.72 billion in the third week of August.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After their failure to attract deposits amid financial crisis, banks have launched various schemes including ten times the principle amount to attract deposits. As the banks were under pressure to increase deposits, they unveiled fixed deposit schemes offering ten times the principle amount in 21 years. Besides the high interest rate, such schemes also offer insurance coverage, credit card, easy loan among other facilities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The attractive schemes of banks have played a positive role in increasing deposits. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">President of Nepal Bankers Association Anil Kumar Upadhyay says that banks were under pressure to increase deposit collection and therefore they announced various schemes. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another reason for increase in bank deposits is believed to be the festive season. During the festive season, Nepalis working abroad send money back to their homes. As a result, bank deposits increase along with economic activities during this time of the year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at a public programme on Saturday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari had said that the overall economy is improving due to the increase in inflow of remittance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Remittance inflow during the last fiscal year stood at Rs 1007.31 billion.<br /> With the increase in bank deposits, banks have also increased credit flow.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the first week of September, banks disbursed loans of Rs 167 billion from Rs 130 billion a week ago.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Credit flow of banks, which was Rs 4,177 billion till mid-August increased to Rs 4,181 billion as of September 2. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CD ratio of banks also declined after the deposit collection exceeded credit flow. The average CD ratio of banks dropped to 88.25 percent on September 2 from 88.42 percent on August 26.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15683', 'image' => '20220906041937_Banks - Copy.jpg', 'article_date' => '2022-09-06 16:18:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15940', 'article_category_id' => '1', 'title' => 'Extension of Road Network Shortens Annapurna Trek', 'sub_title' => '', 'summary' => 'September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">September 6: Manang is one of the most popular trekking destinations among foreign tourists visiting Nepal. Meanwhile, the peak tourism season for tourists to visit the Annapurna circuit in Manang has started. This foot trail has become a preferred destination among the trekkers who come here.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, tourists used to travel through this trail with a long day schedule, but now it has changed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The journey of trekking that once started from Lamjung's headquarters, Beshisahar, can now be completed in a short time thanks to the expanding network of roads. Now, the journey from Beshisahar to Chame-Khangsar can be reached easily using four-wheelers and the journey can be completed before the specified time, reports the national news agency RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manang’s Disyang Rural Municipality and Thorang-la Pass fall among the popular choices of tourists in the world. In the past, it used to take 18 days to cross Thorang-la Pass. But now this trip has been shortened by about a week with the expansion of the road network, according to RSS. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, one can cross Thorang-la pass in three days after traveling up to Upper Manang by vehicle. Trekking experts shared that individuals are more likely to have altitude sickness while traveling in this way.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Annapurna Circuit touches Lamjung, Manang, Mustang, Myagdi and Kaski district. But with the expansion of the road network, this foot trail is not visible in some places. In some places, the road network has made it difficult to walk on the foot trail. Trekkers have to suffer as the road network has displaced the foot trail. As a result, trekkers are forced to use vehicles.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nia, a citizen of Finland, who came to the Annapurna Circuit with a long schedule, shared that it is good that the road network has been expanded. But the path should not have been displaced, shared Nia. For the tourists who come for trekking, the journey becomes difficult when the road network is narrow and it crosses path with foot trail.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“The people of Manang should pay attention and protect it. The road network has been extended from Mustang to the lower part of Thorang-la,” she shared.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Meanwhile, the booking of external tourists for the Annapurna base camp trek has started. Tourism entrepreneurs are excited as bookings have started from the UK, Australia and other countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Dilip Gurung, secretary of Chomrong Tourism Business Committee, informed New Business Age that bookings have being done for the upcoming season.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Recently, Annapurna Base Camp has been equipped with facilities for trekking,” he said, adding that the tourists coming here can trek easily.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At present, seven new hotels have been added above Sinuwa, and four others are under construction. Until last year, there were 26 hotels in areas including Sinuwa, Bambo, Himalayan, Dobhan, Deurali, Machhapuchhre and Annapurna base camps. Now infrastructures including hotels have been added in those places, said Lalit Gurung, a tourism entrepreneur and social activist.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">This area has been protected by Annapurna Area Conservation Project (ACAP) since 2043. According to the standards set by ACAP, in the past, there were 156 rooms with an average of six rooms per hotel. Given the increasing attraction of tourists for trekking in the area, Annapurna Rural Municipality formed a committee four years ago to study the expansion of hotel capacity and infrastructure in the area and tried to make it well organized.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Lekhnath Gautam, head of the Annapurna Area Conservation Project (ACAP), informed that some parts of the foot trail have been damaged by floods and landslides. He said that they are working to conserve the tracks and have also created new ones in places that have been washed away by floods.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15682', 'image' => '20220906024641_20220508080527_Annapurna circuit (3) (1).jpg', 'article_date' => '2022-09-06 14:45:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15939', 'article_category_id' => '1', 'title' => 'EC Expresses its Displeasure Over New Bill to Extend the Terms of MPs', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians even after the filing of nominations for the upcoming election. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has expressed displeasure over the continuation of terms of parliamentarians including the members of House of Representatives (HoR) and Provincial Assembly members even after the filing of nominations for the upcoming election. The EC has termed it as an inappropriate decision. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC made a formal remark over the issue on Monday after the government tabled the 'Bill designed to amend some Nepal Acts' with the provision that the tenure of the incumbent MPs will expire only upon the commencement of the first meeting of the newly-elected MPs after the fresh election. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC also recalled the practice of consulting with the EC in the processes of law formation and amendment adding that Article 246 of the Constitution of Nepal has mentioned about the function, duties and rights, and procedures of the EC for the operation, monitoring, direction and control of the election under the federal laws. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the EC has hinted that continuation of the tenure of the MPs could be against the spirit of the election code of conduct if the MPs were vying again in the election. Articles 85 and 177 of the constitution provides for a five-year term of the members of HoR and Provincial Assembly members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The date for the general elections was announced following consultation that it would be practical and non-disputable to count the term of members of House of Representative and Province Assembly members from the first elected date as there is no clarity regarding beginning of their term," the EC said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In a statement issued on Monday EC Spokesperson, Shaligram Sharma Poudel said that it does not seem relevant to amend the law to make it otherwise in case of the term of the HoR and Province Assembly members at a time when election date has been announced and preparations for it is already underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC further said that the new proposed provisions regarding the tenure of the members of parliament would create more confusion. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15681', 'image' => '20220906021429_parliament building.jpg', 'article_date' => '2022-09-06 14:13:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15938', 'article_category_id' => '1', 'title' => 'Yeti Airlines adds new ATR to its Fleet', 'sub_title' => '', 'summary' => 'September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 6: Yeti Airlines has added one more 70-seat capacity aircraft to its fleet. The private airline company is planning to add three aircraft this year. As per the plan, the first aircraft arrived in Kathmandu on Monday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company informed that it added ATR 72-500 aircraft to expand its services. This is Yeti's sixth aircraft. The plane landed at the Tribhuvan International Airport at 1:15 PM on Monday afternoon. Sudarshan Bartaula, Yeti’s spokesperson and head of air security, informed that Yeti brought the 70-seat aircraft from an Australian aviation company on lease. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The first flight of the MSN No. 986 series aircraft took place in 2011. He said that the plane has flown only 10,000 cycles. He informed that this aircraft arrived as per the plan to add three aircraft within the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We will bring the second aircraft soon. This plane will fly to the regular destinations and there are plans to conduct flights to a new destination after the addition of another aircraft,” said Bartaula.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to him, Yeti, which currently providing air service with five aircraft, has already completed the necessary paperworks for the new aircraft. The airplane has been painted it and is ready to fly before the Dashain festival. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“This will help to avoid the shortage of air tickets during Dashain to some extent,” added Bartaula. After the new aircraft is ready, the company plans to fly five of them for regular flights and keep one as reserve and will be used during the maintenance of other aircraft or when the flights are delayed.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company claims that the new aircraft is considered the best aircraft with a turboprop engine. The company also mentioned that the aircraft will emit approximately 50 percent less carbon per passenger kilometer than newer generation jets and three times less carbon emissions than older aircraft. Yeti Airlines is the first carbon neutral airline in South Asia, according to the company. Yeti is currently flying to the most accessible destinations in Nepal including Kathmandu, Chandragadhi, Biratnagar, Janakpur, Simara, Pokhara, Bhairahawa, and Nepalgunj.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15680', 'image' => '20220906012348_1662440771.jpg', 'article_date' => '2022-09-06 13:23:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15943', 'article_category_id' => '1', 'title' => 'Security Guard Gurung Released', 'sub_title' => '', 'summary' => 'September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">September 6: Sher Jung Gurung, a security guard of Garud Securities, who was allegedly arrested for mistreating Minister for Culture, Tourism and Civil Aviation Jeevan Ram Shrestha has been released on Monday evening.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Following pressure from all quarters, Gurung was released on a general date by the order of Chief District Officer Govinda Prasad Rijal. Home Minister Bal Krishna Khand had instructed CDO Rijal to release the security guard deputed at VSF in Chhaya Centre, Thamel. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Police had arrested Gurung on Sunday on the charge of misbehaving with Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">A dispute ensued after Gurung asked Minister Shrestha, who had reached VSF for biometric registration, to follow the queue. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Meanwhile, Garud Securities has maintained that the security guard did not commit any mistake. The company had also filed a case at the Supreme Court demanding the release of Gurung.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Arial,"sans-serif"">Earlier, the association of labourers had demanded the release of Gurung. The association stated that it was unfortunate to arrest Gurung while he was performing his duties. The association has demanded a fair investigation into the incident.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15679', 'image' => '20220906052722_garud.jpg', 'article_date' => '2022-09-06 17:25:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15937', 'article_category_id' => '1', 'title' => 'NATTA Demands Hassle-Free Arrangements for Nepali Tourists', 'sub_title' => '', 'summary' => 'September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 6: Nepal Association of Tour and Travel Agents (NATTA) has urged the government to make arrangements for Nepali tourists to visit foreign countries without any hassles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA President Ramesh Thapa has expressed concerns regarding the new provision related to visit visa that discourages Nepali citizens from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Monday, NATTA President Thapa said that the Tourist Visa Departure Permission Work Procedure 2079 has provisions that restrict Nepalis from visiting foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Therefore, Thapa has requested the government to amend such provision to facilitate Nepali tourists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NATTA argues that the work procedure issued by the government has challenged the basic rights of Nepalis to freely visit foreign countries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“NATTA stands with the government to discourage illegal trafficking of humans in the name of tourist visa. However, the work procedure that discourages tourism business has posed a problem for the tourism entrepreneurs,” reads the statement issued by NATTA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the work procedure, any Nepali willing to visit foreign countries in tourist visa need to submit details that he/she earns at least Rs 400,000 a year and has a bank balance of at least Rs 200,000. In addition to this, the aspiring tourist also need to present documents that prove that they are paying taxes to the government. </span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15678', 'image' => '20220906091432_Tourist.jpg', 'article_date' => '2022-09-06 09:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15936', 'article_category_id' => '1', 'title' => '10,888 Polling Stations Fixed for Upcoming Elections', 'sub_title' => '', 'summary' => 'September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 6: The Election Commission (EC) has fixed a total of 10,888 polling stations across the country for the upcoming elections to the members of House of Representatives and province assembly set for November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that there were a total of 10,756 polling stations in the local level elections held on May 13 earlier this year. The Election Commission reviewed the number of polling stations considering the number of voters, convenience and security sensitivities in accordance with the Polling Station and Voting Centre Fixation Work Procedure, 2077. </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"">EC Spokesperson Shaligram Sharma Poudel confirmed that the number of polling station has been increased to 10,888. The EC took such decision to make polling management effective and ensure easy access of voters to the voting process. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In line with the arrangements specified in the work procedure, the revision was also based on the recommendations received from the district polling station and voting centre fixation recommendation committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The recommendations were made considering several aspects such as voters' density, access to polling station, building, communications, electricity, transport, status of infrastructure, security and geographical situation and consensus among electoral stakeholders. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-09-06', 'modified' => '2022-09-06', 'keywords' => '', 'description' => '', 'sortorder' => '15677', 'image' => '20220906085356_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-06 08:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15935', 'article_category_id' => '1', 'title' => 'Government to Reimburse 75 percent of the Cost to Industries Developing Infrastructure Themselves', 'sub_title' => '', 'summary' => 'September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government has decided to reimburse three different kinds of industries for developing infrastructures including access road leading to the company’s plant. Star-rated hotels, cement industries and iron industries are entitled to receive 75 percent reimbursement for constructing access roads and transmission lines, according to a new work procedure prepared by the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has prepared a work procedure that encourages the investors themselves to prepare infrastructures like access road, water pipelines, sewage facility among other basic infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Industry, Commerce and Supplies is preparing to implement the provision in the current fiscal year. It was include in the budget of the last fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The ministry has already issued the Industrial Infrastructure Development and Reimbursement Work Procedure 2079. The ministry has urged the industrialists to submit their proposals within mid-November assuring them to reimburse the amount spent on infrastructure development.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget of last fiscal year mentions that the investors of star hotels, cement and iron industries will get refunds up to 75 percent if they construct access roads and transmission lines to their respective company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary Chandrakala Poudel informed that three cement industries submitted proposals in this regard during the last fiscal year. However, the government could not reimburse the industries last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“We will reimburse those industries as well as new ones this year,” said Poudel, adding that this facility will be provided only to the hotel industry, cement industry and iron industry right now.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It took long time for the government to make the access roads to the industries,” said Poudel, adding, “Therefore, we decided to encourage the investors to prepare these infrastructures themselves as it will reduce the time required for construction and the industries can come into operation soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Joint Secretary Poudel, the government will provide a maximum of Rs 100 million as reimbursement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The industries submitting proposals to avail reimbursement facility should mention the details including the production capacity of the industry, employment opportunity, annual turnover and also justify the need to construct the industrial infrastructure along with feasibility study report, environment impact assessment report, preliminary engineering map, implementation plan, timeframe required for completion of infrastructure, grid connection agreement with Nepal Electricity Authority and the beneficiaries of the industries.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chairman of Nepal Cement Producers Association Tara Prasad Pokharel welcomed the belated decision to implement the work procedure which should have been implemented last year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The government’s tender for infrastructure development takes a long time. The work procedure on the other hand will expedite the process,” he said.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15676', 'image' => '20220905065411_indus.jpg', 'article_date' => '2022-09-05 18:51:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15934', 'article_category_id' => '1', 'title' => 'NRB Seeks to Invest Rs 2 Billion in BFIs' Fixed Deposits ', 'sub_title' => '', 'summary' => 'September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: Nepal Rastra Bank (NRB) has expressed its willingness to invest Rs 2 billion of the Pension Fund in fixed deposits of banks and financial institutions (BFIs). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a notice on Monday, the central bank has asked BFIs to bid for the aforementioned amount. The maturity date to keep the money in their fixed deposits is one year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the notice, the NRB is seeking commercial banks (group 'A') to accept fixed deposits of Rs 1.6 billion, development banks (group 'B') Rs 300 million and national level finance companies (group 'C') Rs 100 million. NRB has asked the BFIs to apply for the loan not late than mid-night of September 7. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To avail the fund, the beneficiary BFIs should have been operating for at least for two years and must maintain minimum capital fund ratio. Similarly, they should have less than five percent of their total passive loans, and have at least 20 percent or more than that of net liquid assets of internal deposits. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15675', 'image' => '20220905054810_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-09-05 17:47:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15933', 'article_category_id' => '1', 'title' => 'Expansion of East-West Highway to be Delayed', 'sub_title' => '', 'summary' => 'September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 5: The plan to expand the East-West Highway into a dedicated four-lane safe road will not be completed on time. Although the Ministry of Physical Infrastructure and Transport brought the action plan in the fiscal year 2019/20 to expand the highway in four years, the project is likely to be extended as the work cannot be completed within the deadline.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Th</span></span><span style="font-family:"Arial","sans-serif"">e plan to expand the 1,028 km long highway was included in the policies and programmes as well as the budget of the same fiscal year. </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 highway stretches across the country from east to the west and covers 21 districts of six provinces except Karnali Province. However, works have started only in two sections of the 21 districts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Arjun Jung Thapa, director general of the Department of Roads, informed that the remaining contracts will be awarded in the current fiscal year and the next fiscal year. So far, upgrading has been started in 200 km section.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">These two sections where the works have started include the 113 km Butwal-Narayangadh section and 87 km Kamala-Kanchanpur section of the highway. The concerned authorities are yet to start work along the remaining 828 km section of the highway. The Department of Roads is in the process of awarding the remaining contract in the current fiscal year. Director General Thapa informed that preparations have been made for the contract of Pathalaiya-Dhalkebar-Kamala section this year and the contract of Pathalaiya-Hetauda-Narayangadh section next year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the ministry's action plan, this highway expansion should have been completed in the current fiscal year. However, Thapa says that the work could not be completed within the stipulated time due to four major reasons including the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">"It was not easy to move electricity poles and cut trees in the forest areas due to the delay in the getting permission. The impact of the coronavirus pandemic and in some cases the dilly-dallying on part of the construction company also delayed the project," Thapa said, "Now we will start the contract and other works rapidly to complete the project." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A senior official of the ministry said that it will take another 7/8 years to expand the highway into four lanes. </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 department has made five different packages for the highway and proceeded with the work. The physical progress of the Kamala-Kanchanpur package with an estimated cost of Rs 15.65 billion has been 30 percent completed so far. Altogether eight underpasses, two flyovers and 50 bridges will be constructed in this section. The department aims to complete the work by next October. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, in the Narayangadh-Butwal section, where construction has started, a total of 18.44 percent work has been completed so far. The estimated cost of upgrading this road section is Rs 16.99 billion. </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 source of investment for the expansion of this highway is almost ascertained as the Asian Development Bank (ADB) will invest in three sections and the World Bank will invest in the remaining areas.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the World Bank will provide loans for Kamala-Dhalkebar-Pathalaiya section. The department says that the design, procurement process, DPR and environmental impact assessment are currently being done in these sections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the Butwal-Gorusinge-Chandrauta and Chandrauta-Kohalpur-Gaddachowki sections are also at the stage of DPR and environmental study and selection of consultants. Due to the lack of inter-agency coordination, there has been a delay in moving the electricity lines for felling trees, but this problem is not present in Narayangadh section. </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 department insists that trees and electricity poles and other infrastructures under the jurisdiction of the road section should be removed quickly and for that a decision should be made through high-level coordination committee. According to the department, an investment of Rs 64 billion is needed for the 130 km long Kamala-Dhalkebar-Pathalaiya section. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Inaugurated by the then King Mahendra in 2019, this highway is one of the oldest highways of Nepal. .</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15674', 'image' => '20220905044250_1662071156.Clipboard02.jpg', 'article_date' => '2022-09-05 16:42:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15932', 'article_category_id' => '1', 'title' => 'Ministry of Industry signs MoU with Marma Rural Municipality for Conservation of Yarsagumba', 'sub_title' => '', 'summary' => 'September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value . ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 5: The Ministry of Industry, Commerce and Supplies and the Marma Rural Municipality of Darchula have signed a memorandum of understanding on conservation and processing of yarsagumba, a prized herb known for its medicinal value. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Industry, Commerce and Supplies Dilendra Prasad Badu signed the MoU for exchange of cooperation in setting up a centre for conservation and processing of the valuable herb 'yarsagumba' in Marma, Latinath of Darchula district. Marma is located in Api Nampa Conservation Area in Darchula district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the MoU the conservation and processing centre would be set up in collaboration with the private sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, Minister Badu said that the ministry has set an objective of conserving the fertile areas in the mountainous region of the country, including in the Sudurpaschim Province, where the valuable herb yarsagumba is found. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that more study and research on the coveted herb would be carried out. "We are starting the scientific study on yarsagumba and all its aspects," he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the ministry has the objective of deputing expert teams to the areas across the country where yarsagumba is found, for the purpose of its study and research. He recalled that he had taken initiatives for setting up yarsagumba processing centre and for its conservation from the time he had been the Minister for Forests and Environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Commerce Secretary Dr Toya Narayan Gyawali said yarsagumba is one of the valuable medicinal herbs that has introduced Nepal to the entire world. He said the ministry is vigorously working to export yarsagumba to the world market with the Nepali brand. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Marma Rural Municipality Chairman Jaman Singh Dhami underlined the need of conserving this valuable herb and taking steps for its processing to boost the local economy.</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"">"We are very excited with the signing of MoU for establishing of a yarsagumba processing centre in our locality," he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15673', 'image' => '20220905014538_20220522120955_yarsa.jpg', 'article_date' => '2022-09-05 13:44:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15931', 'article_category_id' => '1', 'title' => 'Stakeholders Demand 50 Percent Women Candidates in Direct Election', 'sub_title' => '', 'summary' => 'September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Stakeholders have been demanding 50 percent seat for women to compete directly in the upcoming federal and provincial elections. They have also pointed the need for competition among women to ensure 50 percent victory.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Constitution of Nepal has made it mandatory for the participation of 33 percent women in the provincial and federal parliaments. However, the political parties are interpreting this provision in their own way and electing 33 percent of women in the parliament through proportional representation instead of direct elections. Limiting women to proportional representation has made them weak in competition and deprived them of the opportunity to bear responsibility towards the voters of the constituency on the other hand.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Currently, political parties are engaged in the selection of candidates for the provincial and federal parliaments, which will be held on November 20. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Voices are being raised to ensure at least half of the candidacies for direct election to women on the pretext that women’s participation in the House of Representatives contributes significantly to the creation of women-friendly laws. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 165 directly elected seats in the current parliament, the number of women lawmakers is only 6. The political parties have allocated 84 out of 110 seats under proportional representation system for women to ensure 33 percent participation of women in parliament.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The aim of the constitution is to ensure at least 33 percent of women in the law-making level, not to increase the percentage of women to 33 through proportional representation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">If the political parties still do not provide equal treatment and equal opportunities to women, it is futile to hope for a change.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Even considering the aspect of population, women should get 50 percent share in elections. According to the Central Department of Statistics, among the population of 29.2 million, around 15 million are women. In addition, the literacy rate of women has increased in recent times and the number of women getting higher education has also increased significantly. Therefore, there is no shortage of potential women candidates for elections.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the 2006 movement, the provision of 33 percent reservation was made for women. However, with the changing times, it is now necessary amend it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Ever since mandating 33 percent women participation, the number of women's participating in the bureaucracy, army, police, courts, educational institutions, financial institutions, etc. has increased. A few days ago, UML leader Dr. Brinda Pandey said that there should be at least 50 percent women candidates in direct elections. Congress leader Dr. Dila Sangraula's echoed the same. Although they raised such serious issue, their own parties are not taking this issue seriously.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Until there is equal opportunity and the courage to take equal risks, recognition has little meaning. Of course, the physiology of women and men are different. But it does not mean that women are weak. Women are more skilled in some work and men are more skilled in other. This matter is only used for division of labor.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In elections, the trend of selecting male candidates for first-past-the-post election and women for proportional representation is not fair. In the upcoming elections, big parties should stop such trend.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15672', 'image' => '20220905013339_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-09-05 13:33:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15930', 'article_category_id' => '266', 'title' => 'Coca Cola Zero Sugar in RGB', 'sub_title' => '', 'summary' => 'September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: Coca-Cola Nepal has launched 'Coca-Cola Zero Sugar' in RGB (returnable glass bottle). The company said that this new pack is introduced in the market targeting consumers who want the refreshment of the original taste of Coca-Cola without sugar and calories.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that these RGB bottles are environmentally friendly as they can be reused. The company says that its glass packaging will keep Coca-Cola refreshed for a long time. Coca-Cola Zero Sugar RGB bottle is available in 250ml, priced at Rs.40. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Coca-Cola Director Adarsh Avasthi said, “We are eager to provide our consumers with variety that can be used in all situations. In this context, we are very excited to bring Coca-Cola Zero Sugar in RGB pack as well.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The company said that the new RGB pack of Coca-Cola Zero Sugar is available in 250 ml along with PET pack in 250 ml and 500 ml.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </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' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15671', 'image' => '20220905010950_coca-cola-zero-sugar.jpg', 'article_date' => '2022-09-05 13:09:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15929', 'article_category_id' => '1', 'title' => 'New Stock Exchange Company in the Offing', 'sub_title' => '', 'summary' => 'September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">September 5: The Securities Board of Nepal (SEBON) has amended the Stock Exchange Operation Regulation, 2064 for establishing a new stock exchange company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">SEBON’s spokesperson Rupesh K.C said that the meeting of board’s management committee has revised the regulation and sent it to the Ministry of Finance for approval. He said that the Ministry of Finance will submit the revised regulation to the Council of Ministers for approval, and after the Council of Ministers passes it, SEBON will implement it.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">KC informed that amendments have been made for new arrangement of paid-up capital, investment and share acquisition. The regulations have been amended by proposing a minimum paid-up capital of Rs 3 billion for the new stock exchange. At present, there is a provision that the paid-up capital should be Rs 50 million. Similarly, the amended regulation also has provision for other institutional investors to invest in the new stock exchange company. Arrangements have been made for any eligible institutional investors, public or private entity to invest in the new company.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, only banks, financial institutions, securities traders and listed organizations can invest in stock exchange shares. In the revised regulations, the limit on investment in the new stock exchange has also been increased.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At present, there is a provision that no single company or organization can take more than 10 per cent of the paid-up capital of the stock exchange. It has been increased to 15 per cent. According to sources at the Securities Board, the new stock exchange license will be given after completing the process before the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Investors have also been demanding a new stock exchange company for a long time. Neighbouring India has two stock exchange companies -- BSE and NSE – in operation.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15670', 'image' => '20220905010702_sebonn.jpg', 'article_date' => '2022-09-05 13:06:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15928', 'article_category_id' => '1', 'title' => 'Preparations Underway to Reopen Meghauli Airport', 'sub_title' => '', 'summary' => 'September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 5: The government is preparing to reopen Meghauli Airport in Chitwan. The Civil Aviation Authority of Nepal informed that the airport will be reopened after upgrading it. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN, the aviation governing body of Nepal, has already started topography survey using digital technology under the airport upgrading masterplan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Former Prime Minister and CPN Maoist Chairperson Pushpa Kamal Dahal inaugurated the topography survey amid a programme on Saturday. On the occasion, Dahal said that the airport will be upgraded soon and then it will come into operation once again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director General of CAAN Pradeep Adhikari informed that they will issue tender bids for upgrading the airport soon after the topography survey report is ready. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The process of upgrading the airport has already begun. We will issue tender bids by fulfilling all the requirements once the field survey report is ready,” Adhikari said, adding, “This airport will be operational soon.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bharatpur Metropolitan City’s Mayor Renu Dahal said that the metropolis had been making attempts to reopen the airport since a long time. She said that the reopening of the airport will boost tourism in the area. Stating that the airport will also help in generating income for the locals, Mayor Dahal urged CAAN to upgrade the airport as soon as possible.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">CAAN informed that it will take ten days less to prepare the report through topography survey than the traditional survey method. It will be easier to upgrade the airport once the mapping is done through DGPS and drone. The surveyors say that there is no compulsion to visit the field for mapping because it is done through advanced technology. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At present, the runway of Meghauli Airport is just a grassland. The runway is 1000 meters long. The airport was closed about twelve years ago after the government banned operation of hotels inside the Chitwan National Park in November/December 2010. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meghauli is 24 kilometers to the south of Bharatpur. </span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-09-05', 'modified' => '2022-09-05', 'keywords' => '', 'description' => '', 'sortorder' => '15669', 'image' => '20220905115923_meghauli.jpg', 'article_date' => '2022-09-05 11:55:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, '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
