Solution-Oriented Garbage Management Turning Kathmandu Valley's Trash into Cash

Aug 09, 2022 0 8 minutes 43 seconds to read

August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this…

Nepal-USA Chamber of Commerce discusses Trade and Investment with PM Deuba

Aug 09, 2022 0 3 minutes 19 seconds to read

August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar…

India not to Levy GST on Transit Cargo from Nepal

Aug 08, 2022 0 3 minutes 2 seconds to read

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Futuristic Lectro E-Cycles Launched in Nepal

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GWM-Nepal Launches Compact Pick-up Truck Wingle 5 in Nepal

Aug 08, 2022 0 1 minutes 59 seconds to read

August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in…

International Women's Trade Fair from August 18

Aug 08, 2022 0 2 minutes 6 seconds to read

August 8: The International Women’s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18.…

Pokhara Regional Int'l Airport to Operate from January 1, 2023

Aug 08, 2022 0 50 seconds to read

August 8: The Pokhara Regional International Airport will officially come into operation from January 1,…

Cathay Pacific to Operate Hong Kong-Kathmandu Flights from October 1

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August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October…

Hardik Fitness Club Celebrating Silver Jubilee this Month

Aug 05, 2022 0 1 minutes 54 seconds to read

August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many an obstacles, defeat and…

Arrival of Chinese Tourists Improving

Aug 05, 2022 0 1 minutes 37 seconds to read

August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent…

Rs 36.7 Billion Required for Tatopani and Upper Marsyangdi Projects

Aug 05, 2022 0 1 minutes 59 seconds to read

August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion.…

Secretary Marasini Transferred to PM’s Office

Aug 05, 2022 0 1 minutes 42 seconds to read

August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance…

Profit of Agriculture Development Bank Declines by 24 Percent

Aug 05, 2022 0 1 minutes 20 seconds to read

August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year.…

Around 300K Tourists Visit Nepal in Seven Months

Aug 05, 2022 0 1 minutes 36 seconds to read

August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration.…

Govt Forms Committee to Study Rental Charge of Industrial Estates

Aug 05, 2022 0 3 minutes 13 seconds to read

August 5: The government has formed a committee to study the rental charge of industrial estates.…

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			'title' => 'Solution-Oriented Garbage Management Turning Kathmandu Valley's Trash into Cash   ',
			'sub_title' => '',
			'summary' => 'August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Identification of a place at Kirtipur in Kathmandu Valley to manage such garbage is likely to offer a viable solution to the valley&#39;s pertinent problems. Around 50 ropanis of land has been obtained by the Kathmandu Metropolitan City (KMC) for garbage management.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Initially, around 40,000 kilograms of recyclable wastes would be collected from eight wards of KMC and those would be turned into manure at this site and then sold at subsidized rate. KMC is also keeping an eye out for other viable sites for this purpose.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The metropolis had been dumping all sort of garbage in Bancharedanda and Sisdol in Nuwakot district for nearly a decade and half. The garbage management faced obstructions time and again during this period. The KMC recently identified Kirtipur&#39;s site for sustainable and effective management of wastes, especially the compostable ones.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC decided that it will no longer dump harmful garbage in Bancharedanda.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nabin Manandhar, spokesperson for the KMC, shared that a team led by KMC mayor Balendra Shah was hunting more prospective sites in and around Chandragiri, Dakshinkali, Nagarjuna, Tarkeshwar and Banepa (outside the valley) to continue the waste management bid.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The sites available so far for garbage management span from 50 ropanis to 150. The KMC team is still looking for more suitable and less expensive land for the same, said Manandhar.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC has already started segregation of biodegradable and non-biodegradable garbage from the source since July 17. The Garbage Management Act-2068 BS has a provision of classification of garbage.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Private Garbage Collectors to be Brought Under the Ambit of Law&nbsp;&nbsp;&nbsp;&nbsp; </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Although wastage classification project has been implemented in all 32 wards of the KMC, wastages have been managed by private companies in 23 wards while KMC itself manages wastages in remaining nine major wards.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Locals complained those places where KMC had been managing garbage sees continuation in management while garbage remain to be collected and dumped for nearly two months in those wards managed by private companies.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Dwellers in those wards complained that the private sector was engaged in money-making only rather than delivering service. The irresponsibleness towards the public had led to irregular garbage management in those wards, the locals in those wards said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local level administration in those wards have been warning the private companies of action if they do not collect the garbage from the designated places.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Lalitpur metropolis mayor Chiribabu Maharjan pressed an idea of managing waste within the local government where it is produced. &quot;Attention of the federal government is required for this,&quot; he said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The roles and responsibilities, modality of coordination among the federal, province and local governments, framework of joint-investment and the ways of managing household, institutional, industrial, electric and post-disaster wastes should be clearly mentioned in the laws, he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Similarly, Chandragiri municipality mayor Ghanshyam Giri said the role of Province Government in waste management should be ensured in the law as per the spirit of federalism.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Mayor Giri, level-wise works and responsibilities of the government in production, collection, disposal and the entire management procedures along with their effective implementation should be guaranteed in the new law.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Besides, issues concerning environmental pollution from waste and its negative implications on public health, the responsibilities of three-tier government in waste management, inter-local-level coordination and the utilization of waste as means of economic gains should be the priorities ahead, according to chiefs of other local governments.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Alternative Route to Landfill Site </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Process has begun to identify and establish a route to the Bancharedanda landfill site as an alternative to the regular route which gets disrupted by monsoon rains each year, posing challenges to the transport of waste.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The work in this regard has begun in cooperation among the KMC and other 17 local governments in the Kathmandu Valley.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is said the section from Mudkhukhola to Bancharendanda remains disrupted by rains for several weeks, causing challenges in the waste management. A gravel road at Mudkhukhola serving as an alternative access to Bancharedanda is likely to be upgraded soon and the KMC has allocated Rs two million for this project in the current fiscal year.&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A minimum of 200 vehicles transport the garbage managed by the private sector and the KMC daily. Only 150 vehicles are transporting the waste to the dumping site at present due to the ongoing road repair works.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Waste Management</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The waste generated in Kathmandu Valley is being dumped at Sisdol of Kakani Rural Municipality in Nuwakot since 2005, although it was meant to be dumped for two years initially. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">One thousand two hundred metric tonnes of waste is being managed at Sisdol each day. Out of this amount of waste, Kathmandu metropolis alone contributes the highest amount of 500 metric tonnes. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is believed that forty per cent of the waste produced in the valley can be managed. Every local level ward is said to be preparing to purchase the materials that can be reused for this purpose. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have suggested segregating the waste into biodegradable and non-degradable at its source itself, reducing the production of waste, using linen or jute bags as an alternative to plastic bag, promotion of &#39;zero waste&#39; concept and using modern technology in waste management for addressing this perennial problem of managing the solid waste in the Valley. -- RSS&nbsp; &nbsp;</span></span></span></p>
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	(int) 1 => array(
		'Article' => array(
			'id' => '15760',
			'article_category_id' => '1',
			'title' => 'Nepal-USA Chamber of Commerce discusses Trade and Investment with PM Deuba',
			'sub_title' => '',
			'summary' => 'August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting on August 6 was arranged introduce the newly elected NUSACCI executive board members to the prime minister. During the occasion, the delegation also briefed the PM about the activities undertaken by NUSACCI as well as various issues related to Nepal-USA trade and investment.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Issuing a statement, NUSACCI said that Saakha extended sincere thanks and gratitude to Prime Minister Deuba for giving his valuable time to meet the NUSACCI delegation.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, Saakh said that the NUSACCI was a bilateral chamber with over 28 years of existence and also briefed the role played by NUSACCI for strengthening bilateral ties between the two countries in the areas of trade and investment and its stance on early ratification of MCC by parliament.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The USA is one of the major trading partners of Nepal, said the statement, adding that Nepal&rsquo;s trade balance with the USA was in a deficit since a couple of years. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">NUSACCI informed that the major share of Nepal export to USA comprises carpet followed by felt and cat and dog food. In view of this, the delegation stressed on an urgent need for the promotion of carpet, readymade garments and pashmina.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Saakha said that NUSACCI is always ready to collaborate with the Government of Nepal for promotional activities to boost export to the USA. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Another major issue discussed during the meeting was the Trade and Investment Framework Agreement (TIFA) with the USA done in 2011 under which there is a provision of technical assistance but the private sector is not getting the benefit as envisaged in the agreement, the statement added.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Nepal is enjoying duty free entry of 77 goods to the USA. &ldquo;In fact, 5 items categorically cover 77 different HS code items,&rdquo; the statement further said.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Other issues discussed during the courtesy visit included the importance of compensation law, Intellectual Property Right (IPR), attracting American investment in the hydropower sector, promotional activities for export in collaboration with GON.&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, NUSACCI General Secretary Prof Dr Gandhi Pandit said that legal regime and enabling environment play a crucial role in attracting American investment in Nepal.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting was also attended by NUSACCI board members Brindaban Man Pradhanang, Rajani Rana and Sunil Rajbhandari.</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

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<p>&nbsp;</p>
',
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	(int) 2 => array(
		'Article' => array(
			'id' => '15759',
			'article_category_id' => '1',
			'title' => 'India not to Levy GST on Transit Cargo from Nepal',
			'sub_title' => '',
			'summary' => 'August 8: India's goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: India&#39;s goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. Until now, only the shipments entering Nepal were exempt of GST. However, the shipping companies used to charge GST on products exported from Nepal at Kolkata, Haldia and Visakhapatnam ports of India.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In September 2017, India had issued a notice to concerned bodies not to collect GST on cargo entering Nepal. Since the notification did not say anything about the shipment going out from Nepal, the service providers were charging GST on the goods exported from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Goods and services exported from India to Nepal are also exempt from this tax. The revenue department under the Ministry of Finance of India, in a notice issued on August 3, has made it clear that GST will not be charged on both transit cargo going to and coming out from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">After the notice issued of the department, now the shipping companies will not be allowed to collect GST on all container shipments returning from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Industry, Commerce and Supplies had taken the initiative with the concerned bodies of India to remove such taxes.&nbsp; Last month, Commerce Secretary Ganesh Prasad Pandey requested the Indian authorities to remove GST on transit cargo from Nepal to third countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ravi Shankar Sainju, former joint secretary of the ministry, said that this arrangement will have more beneficial for the exporters of Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;In the provision made by the GST Council five years ago, it was not clear about the cargo going out through Nepal. Taking advantage of this loophole, they were collecting taxes on the export and empty containers,&rdquo; said Sainju.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naresh Agarwal, vice president of Nepal Freight Forwarders Association, said that since GST is charged in the name of various services in Indian ports on containers that have gone from Nepal, now that amount will be saved. &ldquo;This is a positive aspect of Nepal&#39;s overseas trade. This will reduce the cost of doing business,&rdquo; Agarwal said.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '15758',
			'article_category_id' => '266',
			'title' => 'Futuristic Lectro E-Cycles Launched in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: The use of electric vehicles (EVs) is on the rise in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 8: The use of electric vehicles (EVs) is on the rise in Nepal. Most of the people are gradually shifting towards the use of electric vehicles rather than the ones backed by fuel engine. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Amid this backdrop, Nimbus International Company Pvt Ltd, the authorized distributor of the Lectro E- Cycles, unveiled the Versatile Lectro E-Cycles in Nepal on Sunday. The eco-friendly cycles were launched at the showroom of Lectro E-Cycle located in Pulchowk.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to Nimbus, the e-cycles are manufactured by India&rsquo;s renowned company - Hero. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The target group of Lectro is the small but increasing group of city commuters and bikers that strive to push their limits. The company said it is confident that people searching for new experiences on their bikes will enjoy riding on the Lectro, while revitalizing E-cycle.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Lectro E-Cycle is reliable with super robust structure and electrical engine, Nimbus said in a statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In addition, it is the only category in EV that can carry 4 times its weight that has long-lasting and durable components - BLDC Motor, Li-ion Battery, and agile frame, added the statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the Lectro cycle is driven by mechanical and electric effort, while the Li-ion batteries serve as its powerhouse. The cycle is BIS certified to ensure a longer life. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Added to the feature, Lectro is water-repellent and provides 100% dust protection with its IP67 rating.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The statement further says that the battery may be removed and charged inside as per the convenience of the rider. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the all-new Lectro comes with 2-years warranty, which includes lifetime warranty for battery and motors in frame. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The company claims that the E-Cycle sets a benchmark for revolution with its Mobile App feature that allows the riders to take control from Android and IOS system.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">There are total of 11 models available in Nepal including Cargo cycle. The price ranges from Rs 75,900 to Rs 139,900. The battery range starts from 25km to 60km per full charge. Full battery charge duration is 5 hours to 7 hours.</span></span></span></span></p>
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			'description' => '',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15757',
			'article_category_id' => '266',
			'title' => 'GWM-Nepal Launches Compact Pick-up Truck Wingle 5 in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the company, this compact pick-up truck was built and marketed by GWM since December 2006, making it the first Chinese made pick-up truck to be sold in Australia and exported in overseas market as well.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Issuing a statement on Sunday, the company said that the pick-up is available in Nepal in three different colors &ndash; Sky Silver, Pearl Black, and Titanium and comes with a 2.0L turbo-diesel engine developing 105 kW (141 hp) and 305 Nm. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">It is equipped as standard with alloy wheels, radio, electric windows, leather-trimmed seats, rear differential lock, TPMS, and auto- air-conditioning, featuring high efficiency, low fuel consumption and remarkable performance, the statement added.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;Moreover, the truck has a DRL&rsquo;s with a stylish Grille design on the front with incorporated features like turn indicator on the external side mirrors. In addition, it also has a straightforward design with halogen lights and the cargo body has company fitted bedliners to avoid scratches or any form of damage. Furthermore, the alloys look promising adding up enhancement to its exterior.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The introductory price for this compact pick-up truck, Wingle 5, has been fixed at Rs 5,249,000 in Nepal.</span></span> </span></span></p>

<p>&nbsp;</p>
',
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			'image' => '20220808010221_wingle.jpg',
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	(int) 5 => array(
		'Article' => array(
			'id' => '15756',
			'article_category_id' => '1',
			'title' => 'International Women's Trade Fair from August 18',
			'sub_title' => '',
			'summary' => 'August 8: The International Women’s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: The International Women&rsquo;s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. The four-day event will conclude on August 22. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The trade fair is going to be organized by the Federation of Women Entrepreneurs&rsquo; Association of Nepal (FWEAN).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">FWEAN held a press conference on Sunday, August 7 and informed that women entrepreneurs associated with small and medium-scale industries all over the country, traders, and women exporters as well as women entrepreneurs from international countries will participate in the fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the federation, such a fair is being organized for the social and economic empowerment of women. This fair is the sixth edition of the International Women&#39;s Trade Fair, which will be inaugurated by Prime Minister Sher Bahadur Deuba. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the marketing of the products produced using local tools and resources in Nepal will get exposure to national and international levels through this fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In addition, certificates of excellence in various categories will be awarded as incentives to women entrepreneurs participating in the fair from various districts. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The federation is also scheduled to organize a one-day conference on August 19 titled &#39;Building a Sustainable Business to Empower Women&#39;.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'image' => '20220808124809_fair.jpg',
			'article_date' => '2022-08-08 12:47:26',
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	(int) 6 => array(
		'Article' => array(
			'id' => '15755',
			'article_category_id' => '1',
			'title' => 'Pokhara Regional Int'l Airport to Operate from January 1, 2023   ',
			'sub_title' => '',
			'summary' => 'August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A meeting of the board of directors of the Civil Aviation Authority of Nepal (CAAN) on Sunday took a decision to this effect, said CAAN Spokesperson Jagannath Niraula.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The project worth Rs 22 billion has achieved completion of 98 percent of the construction works so far, he said, adding that a calibration flight would take place in upcoming October. The project that directly connects the major tourist destination, Pokhara, with the globe through international flights spans over 200 hectares of lands. -- RSS&nbsp; </span></span></span></p>
',
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			'sortorder' => '15496',
			'image' => '20220808115737_Pokhara-Airport-800X533.jpg',
			'article_date' => '2022-08-08 11:56:54',
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	(int) 7 => array(
		'Article' => array(
			'id' => '15754',
			'article_category_id' => '1',
			'title' => 'Cathay Pacific to Operate Hong Kong-Kathmandu Flights from October 1   ',
			'sub_title' => '',
			'summary' => 'August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.   ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The flag carrier of Hong Kong has obtained permit from the Civil Aviation Authority of Nepal (CAAN) to conduct one flight in a week between Kathmandu and Hong Kong on Saturday, informed CAAN&#39;s spokesperson Jagannath Niruala.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Niraula, the airline company has already completed all the process to operate direct flights. The airlines has requested for 12 noon to 1:00 pm&#39;s slot while the CAAN is mulling to provide the slot after 8:00 pm, he shared.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Currently, Nepal Airlines has been operating flights from Kathmandu to Hong Kong and vice versa. Hong Kong is considered an important aviation destination due to dominance of Nepali diaspora there.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Meanwhile, a total of 26 international airlines including two Nepali companies have been operating international flights to and from the Tribhuvan International Airport at present.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to COVID-19 pandemic, &nbsp;30 nations operating flights had been operating flights to and from the TIA but now only 21 nations operate flights. Currently, an average of 70 flights are being&nbsp; operated to and from TIA on a daily basis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal has inked aviation agreement with 40 countries so far. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
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			'created' => '2022-08-07',
			'modified' => '2022-08-07',
			'keywords' => 'flight, Kathmandu, Hong Kong, Cathay, Pacific, airlines, CAAN, TIA',
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			'sortorder' => '15495',
			'image' => '20220807094102_Cathay-Pacific-Aircraft-e1557145681253-752x348.jpg',
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	(int) 8 => array(
		'Article' => array(
			'id' => '15753',
			'article_category_id' => '266',
			'title' => 'Hardik Fitness Club Celebrating Silver Jubilee this Month',
			'sub_title' => '',
			'summary' => 'August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many an obstacles, defeat and triumph.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many&nbsp;obstacles, defeat and triumph. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">Over the last twenty five years, Hardik Fitness Club has evolved with the changing times and kept up with new trends and technologies, the club said in a statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">While the fitness industry has transformed immensely in the last three decades, the club said its goals and objectives have not changed.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;We remain committed to providing affordable yet state-of-the-art fitness services to our valuable members and continually seek to raise our standards,&rdquo; the statement said, adding, &ldquo;Fitness to us is more than just pumping iron at the gym. It is an attitude, a code, a way of being. It is an unwavering commitment to show up and get after it regardless of the weather or the circumstances of life.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club also thanked its &lsquo;loyal&rsquo; customers acknowledging that its success owes much to the trust shown by the club members </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;Passion, loyalty, dedication and hard work have been vital to the success of this organization and we&rsquo;re still here, 25 years later, pushing through with a vision to become the best we can be everyday,&rdquo; added the statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">On the occasion, the club also announced 25 percent discount for annual membership for the first 25 members joining the club between August 7 to 13. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club has also offered 15 percent discount for all other customers. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2022-08-05',
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			'sortorder' => '15494',
			'image' => '20220805055043_hardik.jpg',
			'article_date' => '2022-08-05 17:49:17',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15752',
			'article_category_id' => '1',
			'title' => 'Arrival of Chinese Tourists Improving',
			'sub_title' => '',
			'summary' => 'August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months. The arrival of Chinese tourists increased by 250 percent in July compared to June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the Department of Immigration, a total of 451 Chinese tourists arrived in Nepal in June, which increased to 1, 593 in July.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Before the start of the pandemic, altogether 10, 808 Chinese tourists had arrived in Nepal in July 2019. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The arrival of Chinese tourists has increased after China eased the restrictions imposed to curb the&nbsp; viral outbreak.&nbsp; However, China is still enforcing lockdown in some of its cities. According to media reports, lockdown is still in place in China&rsquo;s southern city of Sanya and Wuhan,&nbsp; the origin of coronavirus. But the lockdown is not as strict as it was before as most of the Chinese citizens have been vaccinated against the virus.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Chinese and Indian tourists form the backbone of Nepal&rsquo;s tourism industry. The two countries are also the most populous countries in the world. China&rsquo;s population is more than one billion and India&rsquo;s population is a little less. Indian tourists do not require any visa to visit Nepal. Hundreds of thousands of tourists from the two countries travel worldwide every year. Nepal&rsquo;s tourism sector can benefit a lot if it can tap in the potential of Indian and Chinese tourists.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '15751',
			'article_category_id' => '1',
			'title' => 'Rs 36.7 Billion Required for Tatopani and Upper Marsyangdi Projects',
			'sub_title' => '',
			'summary' => 'August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. The cost of the Upper Marsyangdi Hydropower Project alone is estimated to cost Rs 33.3 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Forestry has published an Environmental Impact Assessment (EIA) report with an estimated cost of Tatopani Hydel at Rs 3.4 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Upper Marsyangdi is a proposed project in Marsyangdi river which flows through Lamjung district of Gandaki Province.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A feasibility study conducted by the Upper Marsyangdi Power Company Pvt. Ltd. in 2065 after obtaining a survey permit from the Department of Electricity Development concluded that the project can be constructed with a capacity of 138 MW. The environmental impact assessment report of the project has been approved.</span></span><strong> </strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, when the company was about to start the project after the completion of the entire process, it was found that the project would affect the proposed dam area of another project &ndash; Upper Marshyangdi A Hydropower Project &ndash; &nbsp;which lies a little downstream of the project area.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The project was then told to move its construction site about 1.2 kilometers upstream.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Later, a detailed study found that only 102 megawatts of electricity can be generated at the new site.</span></span></span></span></p>

<p>&nbsp;</p>
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			'id' => '15750',
			'article_category_id' => '1',
			'title' => 'Secretary Marasini Transferred to PM’s Office',
			'sub_title' => '',
			'summary' => 'August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A cabinet meeting on Thursday transferred Marasini to the Office of the Prime Minister and Council of Ministers, informed a minister aware of the latest development.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The cabinet meeting also assigned the responsibilities of finance secretary to Revenue Secretary Krishna Hari Pushkar.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini has accused Finance Minister Janardan Sharma of brining unauthorized persons in the ministry on the eve of budget announcement for the current fiscal year in order to change the tax rates. Marasini had taken indefinite leave as the controversy reached its climax a few weeks ago. Sharma resigned from his post on July 6 after the federal parliament formed a special probe committee to under pressure from opposition parties as well as various sectors to investigate the allegation against Sharma.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini returned to office the very next day Sharma stepped down. However, after a few weeks of investigation, the special probe committee found Sharma not guilty due to lack of evidences to establish his involvement in bringing unauthorized persons to the ministry to influence the tax rates.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">President Bidya Devi Bhandari then reappointed Sharma on July 31 upon the recommendation of Prime Minister Sher Bahadur Deuba. As he was in odds with the finance secretary, Sharma&rsquo;s reappointment inevitably meant transfer of Marasini.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&emsp;</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '15749',
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			'title' => 'Profit of Agriculture Development Bank Declines by 24 Percent',
			'sub_title' => '',
			'summary' => 'August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. The net profit of the bank amounted to more than Rs 3.52 billion the previous year, which dropped to just over Rs 2.69 billion last year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Last year, the net profit of the bank was affected as the operating profit declined by 15.23 percent due to the higher impairment charge.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The impairment charge, which was more than Rs 12.14 million previous year, increased to more than Rs 29.51 million last year. As a result, the operating profit of the bank, which was Rs 5.3 billion in the previous year, dropped to just over Rs 4.11 billion last year. The bank&#39;s distributable profit till the last quarter was over Rs 3.90 billion.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">By distributing 20 percent bonus shares, the paid-up capital of the bank reached Rs 13.18 billion. Last year, the bank collected 2.26 percent more deposits than the previous year while the credit flow increased by 155 percent. The bank collected more than Rs 166 billion in deposits and disbursed loans amounting to more than Rs 175 biillion last year. The non-performing loan which was 1.88 percent previous year, remained at 1.68 percent last year. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '15748',
			'article_category_id' => '1',
			'title' => 'Around 300K Tourists Visit Nepal in Seven Months   ',
			'sub_title' => '',
			'summary' => 'August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. This number of foreign tourists entered the country via air route between January to July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 44,462 tourists entered Nepal in the month of July, 2022 against 58,811 foreign tourists who visited Nepal in the month of July, 2019.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The highest number of tourists visiting Nepal in July this year were from India. The number of Indian tourists during the review period stood at 17,299. Likewise, 1,874 tourists entered Nepal from Bangladesh, 1,539 from China and 4,195 from Asia and other countries in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal welcomed 9,121 tourists from Europe, 3,735 from the Middle-East and 5,228 from USA in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">As per the Nepal Tourism Board, 16,975 foreign tourists visited Nepal in the month of January; 19,766 in February; 41,006 in March; 61,589 in April; 53,608 in May; 46,957 in June and 44,462 in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Director of Nepal Tourism Board, Maniraj Lamichhane said although the month of July is off-season for tourists, the arrival of tourists is increasing.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&ldquo;It indicates gradual revival of tourism sector of Nepal,&rdquo; he said. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'id' => '15747',
			'article_category_id' => '1',
			'title' => 'Govt Forms Committee to Study Rental Charge of Industrial Estates',
			'sub_title' => '',
			'summary' => 'August 5: The government has formed a committee to study the rental charge of industrial estates. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The government has formed a committee to study the rental charge of industrial estates. The move comes after protests from stakeholders following the decision of the Industrial Area Management Limited (IDM) to implement the new fares that were fixed on 17th July 2018 in all 10 industrial estates. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The private sector has been protesting the decision saying that the latest move of the government has put them at the receiving end and also discouraged investment. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Following request from the stakeholders, the Ministry of Industry, Commerce and Supplies on Wednesday formed the study committee headed by Joint Secretary Chandrakala Poudel. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The committee has been mandated to submit a report within one month, informed Dr Narayan Prasad Regmi, spokesperson for the Ministry of Industry. Dr Regmi said that the government will decide about the rental charge of the industrial estates after the committee submits its report.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Earlier this week, a delegation of the Confederation of Nepalese Industries had met Minister for Industry, Commerce and Supplies Dilendra Prasad Badu and requested him to reconsider the decision to hike the rental charge.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI expressed objection stating that IDM has been seeking demand charge for stored equipment, collecting fees even for the water extracted through boring by the industries themselves and raising the rent of the land in an unwanted manner. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI delegation said that the decision to hike the rental charge &nbsp;by 687 percent has badly affected the industries that are yet to recover from the impacts of Covid-19. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI&rsquo;s Acting President Krishna Prasad Adhikari</span></span> argued that the decision of IDM will result in the collapse of existing industries and the country&#39;s dream of import substitution and export promotion through the promotion of manufacturing and industrial sectors will not be fulfilled.</span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI informed that the IDM has even denied extending contract period of land and also refused to issue recommendation letter for the industries to apply for bank loans in case they did not pay the rental charge as per the new rate.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => 'Solution-Oriented Garbage Management Turning Kathmandu Valley's Trash into Cash   ',
			'sub_title' => '',
			'summary' => 'August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Identification of a place at Kirtipur in Kathmandu Valley to manage such garbage is likely to offer a viable solution to the valley&#39;s pertinent problems. Around 50 ropanis of land has been obtained by the Kathmandu Metropolitan City (KMC) for garbage management.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Initially, around 40,000 kilograms of recyclable wastes would be collected from eight wards of KMC and those would be turned into manure at this site and then sold at subsidized rate. KMC is also keeping an eye out for other viable sites for this purpose.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The metropolis had been dumping all sort of garbage in Bancharedanda and Sisdol in Nuwakot district for nearly a decade and half. The garbage management faced obstructions time and again during this period. The KMC recently identified Kirtipur&#39;s site for sustainable and effective management of wastes, especially the compostable ones.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC decided that it will no longer dump harmful garbage in Bancharedanda.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nabin Manandhar, spokesperson for the KMC, shared that a team led by KMC mayor Balendra Shah was hunting more prospective sites in and around Chandragiri, Dakshinkali, Nagarjuna, Tarkeshwar and Banepa (outside the valley) to continue the waste management bid.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The sites available so far for garbage management span from 50 ropanis to 150. The KMC team is still looking for more suitable and less expensive land for the same, said Manandhar.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC has already started segregation of biodegradable and non-biodegradable garbage from the source since July 17. The Garbage Management Act-2068 BS has a provision of classification of garbage.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Private Garbage Collectors to be Brought Under the Ambit of Law&nbsp;&nbsp;&nbsp;&nbsp; </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Although wastage classification project has been implemented in all 32 wards of the KMC, wastages have been managed by private companies in 23 wards while KMC itself manages wastages in remaining nine major wards.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Locals complained those places where KMC had been managing garbage sees continuation in management while garbage remain to be collected and dumped for nearly two months in those wards managed by private companies.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Dwellers in those wards complained that the private sector was engaged in money-making only rather than delivering service. The irresponsibleness towards the public had led to irregular garbage management in those wards, the locals in those wards said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local level administration in those wards have been warning the private companies of action if they do not collect the garbage from the designated places.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Lalitpur metropolis mayor Chiribabu Maharjan pressed an idea of managing waste within the local government where it is produced. &quot;Attention of the federal government is required for this,&quot; he said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The roles and responsibilities, modality of coordination among the federal, province and local governments, framework of joint-investment and the ways of managing household, institutional, industrial, electric and post-disaster wastes should be clearly mentioned in the laws, he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Similarly, Chandragiri municipality mayor Ghanshyam Giri said the role of Province Government in waste management should be ensured in the law as per the spirit of federalism.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Mayor Giri, level-wise works and responsibilities of the government in production, collection, disposal and the entire management procedures along with their effective implementation should be guaranteed in the new law.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Besides, issues concerning environmental pollution from waste and its negative implications on public health, the responsibilities of three-tier government in waste management, inter-local-level coordination and the utilization of waste as means of economic gains should be the priorities ahead, according to chiefs of other local governments.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Alternative Route to Landfill Site </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Process has begun to identify and establish a route to the Bancharedanda landfill site as an alternative to the regular route which gets disrupted by monsoon rains each year, posing challenges to the transport of waste.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The work in this regard has begun in cooperation among the KMC and other 17 local governments in the Kathmandu Valley.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is said the section from Mudkhukhola to Bancharendanda remains disrupted by rains for several weeks, causing challenges in the waste management. A gravel road at Mudkhukhola serving as an alternative access to Bancharedanda is likely to be upgraded soon and the KMC has allocated Rs two million for this project in the current fiscal year.&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A minimum of 200 vehicles transport the garbage managed by the private sector and the KMC daily. Only 150 vehicles are transporting the waste to the dumping site at present due to the ongoing road repair works.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Waste Management</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The waste generated in Kathmandu Valley is being dumped at Sisdol of Kakani Rural Municipality in Nuwakot since 2005, although it was meant to be dumped for two years initially. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">One thousand two hundred metric tonnes of waste is being managed at Sisdol each day. Out of this amount of waste, Kathmandu metropolis alone contributes the highest amount of 500 metric tonnes. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is believed that forty per cent of the waste produced in the valley can be managed. Every local level ward is said to be preparing to purchase the materials that can be reused for this purpose. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have suggested segregating the waste into biodegradable and non-degradable at its source itself, reducing the production of waste, using linen or jute bags as an alternative to plastic bag, promotion of &#39;zero waste&#39; concept and using modern technology in waste management for addressing this perennial problem of managing the solid waste in the Valley. -- RSS&nbsp; &nbsp;</span></span></span></p>
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	(int) 1 => array(
		'Article' => array(
			'id' => '15760',
			'article_category_id' => '1',
			'title' => 'Nepal-USA Chamber of Commerce discusses Trade and Investment with PM Deuba',
			'sub_title' => '',
			'summary' => 'August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting on August 6 was arranged introduce the newly elected NUSACCI executive board members to the prime minister. During the occasion, the delegation also briefed the PM about the activities undertaken by NUSACCI as well as various issues related to Nepal-USA trade and investment.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Issuing a statement, NUSACCI said that Saakha extended sincere thanks and gratitude to Prime Minister Deuba for giving his valuable time to meet the NUSACCI delegation.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, Saakh said that the NUSACCI was a bilateral chamber with over 28 years of existence and also briefed the role played by NUSACCI for strengthening bilateral ties between the two countries in the areas of trade and investment and its stance on early ratification of MCC by parliament.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The USA is one of the major trading partners of Nepal, said the statement, adding that Nepal&rsquo;s trade balance with the USA was in a deficit since a couple of years. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">NUSACCI informed that the major share of Nepal export to USA comprises carpet followed by felt and cat and dog food. In view of this, the delegation stressed on an urgent need for the promotion of carpet, readymade garments and pashmina.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Saakha said that NUSACCI is always ready to collaborate with the Government of Nepal for promotional activities to boost export to the USA. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Another major issue discussed during the meeting was the Trade and Investment Framework Agreement (TIFA) with the USA done in 2011 under which there is a provision of technical assistance but the private sector is not getting the benefit as envisaged in the agreement, the statement added.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Nepal is enjoying duty free entry of 77 goods to the USA. &ldquo;In fact, 5 items categorically cover 77 different HS code items,&rdquo; the statement further said.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Other issues discussed during the courtesy visit included the importance of compensation law, Intellectual Property Right (IPR), attracting American investment in the hydropower sector, promotional activities for export in collaboration with GON.&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, NUSACCI General Secretary Prof Dr Gandhi Pandit said that legal regime and enabling environment play a crucial role in attracting American investment in Nepal.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting was also attended by NUSACCI board members Brindaban Man Pradhanang, Rajani Rana and Sunil Rajbhandari.</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

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<p>&nbsp;</p>
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	(int) 2 => array(
		'Article' => array(
			'id' => '15759',
			'article_category_id' => '1',
			'title' => 'India not to Levy GST on Transit Cargo from Nepal',
			'sub_title' => '',
			'summary' => 'August 8: India's goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: India&#39;s goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. Until now, only the shipments entering Nepal were exempt of GST. However, the shipping companies used to charge GST on products exported from Nepal at Kolkata, Haldia and Visakhapatnam ports of India.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In September 2017, India had issued a notice to concerned bodies not to collect GST on cargo entering Nepal. Since the notification did not say anything about the shipment going out from Nepal, the service providers were charging GST on the goods exported from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Goods and services exported from India to Nepal are also exempt from this tax. The revenue department under the Ministry of Finance of India, in a notice issued on August 3, has made it clear that GST will not be charged on both transit cargo going to and coming out from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">After the notice issued of the department, now the shipping companies will not be allowed to collect GST on all container shipments returning from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Industry, Commerce and Supplies had taken the initiative with the concerned bodies of India to remove such taxes.&nbsp; Last month, Commerce Secretary Ganesh Prasad Pandey requested the Indian authorities to remove GST on transit cargo from Nepal to third countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ravi Shankar Sainju, former joint secretary of the ministry, said that this arrangement will have more beneficial for the exporters of Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;In the provision made by the GST Council five years ago, it was not clear about the cargo going out through Nepal. Taking advantage of this loophole, they were collecting taxes on the export and empty containers,&rdquo; said Sainju.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naresh Agarwal, vice president of Nepal Freight Forwarders Association, said that since GST is charged in the name of various services in Indian ports on containers that have gone from Nepal, now that amount will be saved. &ldquo;This is a positive aspect of Nepal&#39;s overseas trade. This will reduce the cost of doing business,&rdquo; Agarwal said.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '15758',
			'article_category_id' => '266',
			'title' => 'Futuristic Lectro E-Cycles Launched in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: The use of electric vehicles (EVs) is on the rise in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 8: The use of electric vehicles (EVs) is on the rise in Nepal. Most of the people are gradually shifting towards the use of electric vehicles rather than the ones backed by fuel engine. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Amid this backdrop, Nimbus International Company Pvt Ltd, the authorized distributor of the Lectro E- Cycles, unveiled the Versatile Lectro E-Cycles in Nepal on Sunday. The eco-friendly cycles were launched at the showroom of Lectro E-Cycle located in Pulchowk.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to Nimbus, the e-cycles are manufactured by India&rsquo;s renowned company - Hero. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The target group of Lectro is the small but increasing group of city commuters and bikers that strive to push their limits. The company said it is confident that people searching for new experiences on their bikes will enjoy riding on the Lectro, while revitalizing E-cycle.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Lectro E-Cycle is reliable with super robust structure and electrical engine, Nimbus said in a statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In addition, it is the only category in EV that can carry 4 times its weight that has long-lasting and durable components - BLDC Motor, Li-ion Battery, and agile frame, added the statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the Lectro cycle is driven by mechanical and electric effort, while the Li-ion batteries serve as its powerhouse. The cycle is BIS certified to ensure a longer life. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Added to the feature, Lectro is water-repellent and provides 100% dust protection with its IP67 rating.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The statement further says that the battery may be removed and charged inside as per the convenience of the rider. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the all-new Lectro comes with 2-years warranty, which includes lifetime warranty for battery and motors in frame. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The company claims that the E-Cycle sets a benchmark for revolution with its Mobile App feature that allows the riders to take control from Android and IOS system.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">There are total of 11 models available in Nepal including Cargo cycle. The price ranges from Rs 75,900 to Rs 139,900. The battery range starts from 25km to 60km per full charge. Full battery charge duration is 5 hours to 7 hours.</span></span></span></span></p>
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	(int) 4 => array(
		'Article' => array(
			'id' => '15757',
			'article_category_id' => '266',
			'title' => 'GWM-Nepal Launches Compact Pick-up Truck Wingle 5 in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the company, this compact pick-up truck was built and marketed by GWM since December 2006, making it the first Chinese made pick-up truck to be sold in Australia and exported in overseas market as well.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Issuing a statement on Sunday, the company said that the pick-up is available in Nepal in three different colors &ndash; Sky Silver, Pearl Black, and Titanium and comes with a 2.0L turbo-diesel engine developing 105 kW (141 hp) and 305 Nm. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">It is equipped as standard with alloy wheels, radio, electric windows, leather-trimmed seats, rear differential lock, TPMS, and auto- air-conditioning, featuring high efficiency, low fuel consumption and remarkable performance, the statement added.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;Moreover, the truck has a DRL&rsquo;s with a stylish Grille design on the front with incorporated features like turn indicator on the external side mirrors. In addition, it also has a straightforward design with halogen lights and the cargo body has company fitted bedliners to avoid scratches or any form of damage. Furthermore, the alloys look promising adding up enhancement to its exterior.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The introductory price for this compact pick-up truck, Wingle 5, has been fixed at Rs 5,249,000 in Nepal.</span></span> </span></span></p>

<p>&nbsp;</p>
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	(int) 5 => array(
		'Article' => array(
			'id' => '15756',
			'article_category_id' => '1',
			'title' => 'International Women's Trade Fair from August 18',
			'sub_title' => '',
			'summary' => 'August 8: The International Women’s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: The International Women&rsquo;s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. The four-day event will conclude on August 22. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The trade fair is going to be organized by the Federation of Women Entrepreneurs&rsquo; Association of Nepal (FWEAN).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">FWEAN held a press conference on Sunday, August 7 and informed that women entrepreneurs associated with small and medium-scale industries all over the country, traders, and women exporters as well as women entrepreneurs from international countries will participate in the fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the federation, such a fair is being organized for the social and economic empowerment of women. This fair is the sixth edition of the International Women&#39;s Trade Fair, which will be inaugurated by Prime Minister Sher Bahadur Deuba. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the marketing of the products produced using local tools and resources in Nepal will get exposure to national and international levels through this fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In addition, certificates of excellence in various categories will be awarded as incentives to women entrepreneurs participating in the fair from various districts. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The federation is also scheduled to organize a one-day conference on August 19 titled &#39;Building a Sustainable Business to Empower Women&#39;.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-08',
			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15497',
			'image' => '20220808124809_fair.jpg',
			'article_date' => '2022-08-08 12:47:26',
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	(int) 6 => array(
		'Article' => array(
			'id' => '15755',
			'article_category_id' => '1',
			'title' => 'Pokhara Regional Int'l Airport to Operate from January 1, 2023   ',
			'sub_title' => '',
			'summary' => 'August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A meeting of the board of directors of the Civil Aviation Authority of Nepal (CAAN) on Sunday took a decision to this effect, said CAAN Spokesperson Jagannath Niraula.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The project worth Rs 22 billion has achieved completion of 98 percent of the construction works so far, he said, adding that a calibration flight would take place in upcoming October. The project that directly connects the major tourist destination, Pokhara, with the globe through international flights spans over 200 hectares of lands. -- RSS&nbsp; </span></span></span></p>
',
			'published' => true,
			'created' => '2022-08-08',
			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15496',
			'image' => '20220808115737_Pokhara-Airport-800X533.jpg',
			'article_date' => '2022-08-08 11:56:54',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '15754',
			'article_category_id' => '1',
			'title' => 'Cathay Pacific to Operate Hong Kong-Kathmandu Flights from October 1   ',
			'sub_title' => '',
			'summary' => 'August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.   ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The flag carrier of Hong Kong has obtained permit from the Civil Aviation Authority of Nepal (CAAN) to conduct one flight in a week between Kathmandu and Hong Kong on Saturday, informed CAAN&#39;s spokesperson Jagannath Niruala.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Niraula, the airline company has already completed all the process to operate direct flights. The airlines has requested for 12 noon to 1:00 pm&#39;s slot while the CAAN is mulling to provide the slot after 8:00 pm, he shared.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Currently, Nepal Airlines has been operating flights from Kathmandu to Hong Kong and vice versa. Hong Kong is considered an important aviation destination due to dominance of Nepali diaspora there.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Meanwhile, a total of 26 international airlines including two Nepali companies have been operating international flights to and from the Tribhuvan International Airport at present.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to COVID-19 pandemic, &nbsp;30 nations operating flights had been operating flights to and from the TIA but now only 21 nations operate flights. Currently, an average of 70 flights are being&nbsp; operated to and from TIA on a daily basis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal has inked aviation agreement with 40 countries so far. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
			'published' => true,
			'created' => '2022-08-07',
			'modified' => '2022-08-07',
			'keywords' => 'flight, Kathmandu, Hong Kong, Cathay, Pacific, airlines, CAAN, TIA',
			'description' => '',
			'sortorder' => '15495',
			'image' => '20220807094102_Cathay-Pacific-Aircraft-e1557145681253-752x348.jpg',
			'article_date' => '2022-08-07 09:39:57',
			'homepage' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '15753',
			'article_category_id' => '266',
			'title' => 'Hardik Fitness Club Celebrating Silver Jubilee this Month',
			'sub_title' => '',
			'summary' => 'August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many an obstacles, defeat and triumph.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many&nbsp;obstacles, defeat and triumph. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">Over the last twenty five years, Hardik Fitness Club has evolved with the changing times and kept up with new trends and technologies, the club said in a statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">While the fitness industry has transformed immensely in the last three decades, the club said its goals and objectives have not changed.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;We remain committed to providing affordable yet state-of-the-art fitness services to our valuable members and continually seek to raise our standards,&rdquo; the statement said, adding, &ldquo;Fitness to us is more than just pumping iron at the gym. It is an attitude, a code, a way of being. It is an unwavering commitment to show up and get after it regardless of the weather or the circumstances of life.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club also thanked its &lsquo;loyal&rsquo; customers acknowledging that its success owes much to the trust shown by the club members </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;Passion, loyalty, dedication and hard work have been vital to the success of this organization and we&rsquo;re still here, 25 years later, pushing through with a vision to become the best we can be everyday,&rdquo; added the statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">On the occasion, the club also announced 25 percent discount for annual membership for the first 25 members joining the club between August 7 to 13. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club has also offered 15 percent discount for all other customers. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15494',
			'image' => '20220805055043_hardik.jpg',
			'article_date' => '2022-08-05 17:49:17',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15752',
			'article_category_id' => '1',
			'title' => 'Arrival of Chinese Tourists Improving',
			'sub_title' => '',
			'summary' => 'August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months. The arrival of Chinese tourists increased by 250 percent in July compared to June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the Department of Immigration, a total of 451 Chinese tourists arrived in Nepal in June, which increased to 1, 593 in July.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Before the start of the pandemic, altogether 10, 808 Chinese tourists had arrived in Nepal in July 2019. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The arrival of Chinese tourists has increased after China eased the restrictions imposed to curb the&nbsp; viral outbreak.&nbsp; However, China is still enforcing lockdown in some of its cities. According to media reports, lockdown is still in place in China&rsquo;s southern city of Sanya and Wuhan,&nbsp; the origin of coronavirus. But the lockdown is not as strict as it was before as most of the Chinese citizens have been vaccinated against the virus.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Chinese and Indian tourists form the backbone of Nepal&rsquo;s tourism industry. The two countries are also the most populous countries in the world. China&rsquo;s population is more than one billion and India&rsquo;s population is a little less. Indian tourists do not require any visa to visit Nepal. Hundreds of thousands of tourists from the two countries travel worldwide every year. Nepal&rsquo;s tourism sector can benefit a lot if it can tap in the potential of Indian and Chinese tourists.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15493',
			'image' => '20220805035319_1659677829.296610149_625118472144142_1629395372382313309_n.jpg',
			'article_date' => '2022-08-05 15:52:33',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15751',
			'article_category_id' => '1',
			'title' => 'Rs 36.7 Billion Required for Tatopani and Upper Marsyangdi Projects',
			'sub_title' => '',
			'summary' => 'August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. The cost of the Upper Marsyangdi Hydropower Project alone is estimated to cost Rs 33.3 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Forestry has published an Environmental Impact Assessment (EIA) report with an estimated cost of Tatopani Hydel at Rs 3.4 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Upper Marsyangdi is a proposed project in Marsyangdi river which flows through Lamjung district of Gandaki Province.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A feasibility study conducted by the Upper Marsyangdi Power Company Pvt. Ltd. in 2065 after obtaining a survey permit from the Department of Electricity Development concluded that the project can be constructed with a capacity of 138 MW. The environmental impact assessment report of the project has been approved.</span></span><strong> </strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, when the company was about to start the project after the completion of the entire process, it was found that the project would affect the proposed dam area of another project &ndash; Upper Marshyangdi A Hydropower Project &ndash; &nbsp;which lies a little downstream of the project area.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The project was then told to move its construction site about 1.2 kilometers upstream.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Later, a detailed study found that only 102 megawatts of electricity can be generated at the new site.</span></span></span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15492',
			'image' => '20220805020539_hydro.jpg',
			'article_date' => '2022-08-05 14:04:50',
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	(int) 11 => array(
		'Article' => array(
			'id' => '15750',
			'article_category_id' => '1',
			'title' => 'Secretary Marasini Transferred to PM’s Office',
			'sub_title' => '',
			'summary' => 'August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A cabinet meeting on Thursday transferred Marasini to the Office of the Prime Minister and Council of Ministers, informed a minister aware of the latest development.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The cabinet meeting also assigned the responsibilities of finance secretary to Revenue Secretary Krishna Hari Pushkar.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini has accused Finance Minister Janardan Sharma of brining unauthorized persons in the ministry on the eve of budget announcement for the current fiscal year in order to change the tax rates. Marasini had taken indefinite leave as the controversy reached its climax a few weeks ago. Sharma resigned from his post on July 6 after the federal parliament formed a special probe committee to under pressure from opposition parties as well as various sectors to investigate the allegation against Sharma.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini returned to office the very next day Sharma stepped down. However, after a few weeks of investigation, the special probe committee found Sharma not guilty due to lack of evidences to establish his involvement in bringing unauthorized persons to the ministry to influence the tax rates.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">President Bidya Devi Bhandari then reappointed Sharma on July 31 upon the recommendation of Prime Minister Sher Bahadur Deuba. As he was in odds with the finance secretary, Sharma&rsquo;s reappointment inevitably meant transfer of Marasini.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&emsp;</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15491',
			'image' => '20220805015123_1659612220.Madhu Marisini .jpg',
			'article_date' => '2022-08-05 13:50:32',
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	(int) 12 => array(
		'Article' => array(
			'id' => '15749',
			'article_category_id' => '1',
			'title' => 'Profit of Agriculture Development Bank Declines by 24 Percent',
			'sub_title' => '',
			'summary' => 'August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. The net profit of the bank amounted to more than Rs 3.52 billion the previous year, which dropped to just over Rs 2.69 billion last year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Last year, the net profit of the bank was affected as the operating profit declined by 15.23 percent due to the higher impairment charge.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The impairment charge, which was more than Rs 12.14 million previous year, increased to more than Rs 29.51 million last year. As a result, the operating profit of the bank, which was Rs 5.3 billion in the previous year, dropped to just over Rs 4.11 billion last year. The bank&#39;s distributable profit till the last quarter was over Rs 3.90 billion.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">By distributing 20 percent bonus shares, the paid-up capital of the bank reached Rs 13.18 billion. Last year, the bank collected 2.26 percent more deposits than the previous year while the credit flow increased by 155 percent. The bank collected more than Rs 166 billion in deposits and disbursed loans amounting to more than Rs 175 biillion last year. The non-performing loan which was 1.88 percent previous year, remained at 1.68 percent last year. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15490',
			'image' => '20220805012625_krishibikashbank.jpg',
			'article_date' => '2022-08-05 13:25:31',
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	(int) 13 => array(
		'Article' => array(
			'id' => '15748',
			'article_category_id' => '1',
			'title' => 'Around 300K Tourists Visit Nepal in Seven Months   ',
			'sub_title' => '',
			'summary' => 'August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. This number of foreign tourists entered the country via air route between January to July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 44,462 tourists entered Nepal in the month of July, 2022 against 58,811 foreign tourists who visited Nepal in the month of July, 2019.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The highest number of tourists visiting Nepal in July this year were from India. The number of Indian tourists during the review period stood at 17,299. Likewise, 1,874 tourists entered Nepal from Bangladesh, 1,539 from China and 4,195 from Asia and other countries in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal welcomed 9,121 tourists from Europe, 3,735 from the Middle-East and 5,228 from USA in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">As per the Nepal Tourism Board, 16,975 foreign tourists visited Nepal in the month of January; 19,766 in February; 41,006 in March; 61,589 in April; 53,608 in May; 46,957 in June and 44,462 in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Director of Nepal Tourism Board, Maniraj Lamichhane said although the month of July is off-season for tourists, the arrival of tourists is increasing.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&ldquo;It indicates gradual revival of tourism sector of Nepal,&rdquo; he said. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'title' => 'Govt Forms Committee to Study Rental Charge of Industrial Estates',
			'sub_title' => '',
			'summary' => 'August 5: The government has formed a committee to study the rental charge of industrial estates. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The government has formed a committee to study the rental charge of industrial estates. The move comes after protests from stakeholders following the decision of the Industrial Area Management Limited (IDM) to implement the new fares that were fixed on 17th July 2018 in all 10 industrial estates. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The private sector has been protesting the decision saying that the latest move of the government has put them at the receiving end and also discouraged investment. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Following request from the stakeholders, the Ministry of Industry, Commerce and Supplies on Wednesday formed the study committee headed by Joint Secretary Chandrakala Poudel. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The committee has been mandated to submit a report within one month, informed Dr Narayan Prasad Regmi, spokesperson for the Ministry of Industry. Dr Regmi said that the government will decide about the rental charge of the industrial estates after the committee submits its report.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Earlier this week, a delegation of the Confederation of Nepalese Industries had met Minister for Industry, Commerce and Supplies Dilendra Prasad Badu and requested him to reconsider the decision to hike the rental charge.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI expressed objection stating that IDM has been seeking demand charge for stored equipment, collecting fees even for the water extracted through boring by the industries themselves and raising the rent of the land in an unwanted manner. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI delegation said that the decision to hike the rental charge &nbsp;by 687 percent has badly affected the industries that are yet to recover from the impacts of Covid-19. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI&rsquo;s Acting President Krishna Prasad Adhikari</span></span> argued that the decision of IDM will result in the collapse of existing industries and the country&#39;s dream of import substitution and export promotion through the promotion of manufacturing and industrial sectors will not be fulfilled.</span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI informed that the IDM has even denied extending contract period of land and also refused to issue recommendation letter for the industries to apply for bank loans in case they did not pay the rental charge as per the new rate.</span></span></span></span></p>

<p>&nbsp;</p>
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			'id' => '15761',
			'article_category_id' => '1',
			'title' => 'Solution-Oriented Garbage Management Turning Kathmandu Valley's Trash into Cash   ',
			'sub_title' => '',
			'summary' => 'August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Identification of a place at Kirtipur in Kathmandu Valley to manage such garbage is likely to offer a viable solution to the valley&#39;s pertinent problems. Around 50 ropanis of land has been obtained by the Kathmandu Metropolitan City (KMC) for garbage management.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Initially, around 40,000 kilograms of recyclable wastes would be collected from eight wards of KMC and those would be turned into manure at this site and then sold at subsidized rate. KMC is also keeping an eye out for other viable sites for this purpose.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The metropolis had been dumping all sort of garbage in Bancharedanda and Sisdol in Nuwakot district for nearly a decade and half. The garbage management faced obstructions time and again during this period. The KMC recently identified Kirtipur&#39;s site for sustainable and effective management of wastes, especially the compostable ones.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC decided that it will no longer dump harmful garbage in Bancharedanda.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nabin Manandhar, spokesperson for the KMC, shared that a team led by KMC mayor Balendra Shah was hunting more prospective sites in and around Chandragiri, Dakshinkali, Nagarjuna, Tarkeshwar and Banepa (outside the valley) to continue the waste management bid.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The sites available so far for garbage management span from 50 ropanis to 150. The KMC team is still looking for more suitable and less expensive land for the same, said Manandhar.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC has already started segregation of biodegradable and non-biodegradable garbage from the source since July 17. The Garbage Management Act-2068 BS has a provision of classification of garbage.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Private Garbage Collectors to be Brought Under the Ambit of Law&nbsp;&nbsp;&nbsp;&nbsp; </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Although wastage classification project has been implemented in all 32 wards of the KMC, wastages have been managed by private companies in 23 wards while KMC itself manages wastages in remaining nine major wards.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Locals complained those places where KMC had been managing garbage sees continuation in management while garbage remain to be collected and dumped for nearly two months in those wards managed by private companies.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Dwellers in those wards complained that the private sector was engaged in money-making only rather than delivering service. The irresponsibleness towards the public had led to irregular garbage management in those wards, the locals in those wards said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local level administration in those wards have been warning the private companies of action if they do not collect the garbage from the designated places.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Lalitpur metropolis mayor Chiribabu Maharjan pressed an idea of managing waste within the local government where it is produced. &quot;Attention of the federal government is required for this,&quot; he said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The roles and responsibilities, modality of coordination among the federal, province and local governments, framework of joint-investment and the ways of managing household, institutional, industrial, electric and post-disaster wastes should be clearly mentioned in the laws, he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Similarly, Chandragiri municipality mayor Ghanshyam Giri said the role of Province Government in waste management should be ensured in the law as per the spirit of federalism.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Mayor Giri, level-wise works and responsibilities of the government in production, collection, disposal and the entire management procedures along with their effective implementation should be guaranteed in the new law.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Besides, issues concerning environmental pollution from waste and its negative implications on public health, the responsibilities of three-tier government in waste management, inter-local-level coordination and the utilization of waste as means of economic gains should be the priorities ahead, according to chiefs of other local governments.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Alternative Route to Landfill Site </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Process has begun to identify and establish a route to the Bancharedanda landfill site as an alternative to the regular route which gets disrupted by monsoon rains each year, posing challenges to the transport of waste.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The work in this regard has begun in cooperation among the KMC and other 17 local governments in the Kathmandu Valley.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is said the section from Mudkhukhola to Bancharendanda remains disrupted by rains for several weeks, causing challenges in the waste management. A gravel road at Mudkhukhola serving as an alternative access to Bancharedanda is likely to be upgraded soon and the KMC has allocated Rs two million for this project in the current fiscal year.&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A minimum of 200 vehicles transport the garbage managed by the private sector and the KMC daily. Only 150 vehicles are transporting the waste to the dumping site at present due to the ongoing road repair works.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Waste Management</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The waste generated in Kathmandu Valley is being dumped at Sisdol of Kakani Rural Municipality in Nuwakot since 2005, although it was meant to be dumped for two years initially. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">One thousand two hundred metric tonnes of waste is being managed at Sisdol each day. Out of this amount of waste, Kathmandu metropolis alone contributes the highest amount of 500 metric tonnes. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is believed that forty per cent of the waste produced in the valley can be managed. Every local level ward is said to be preparing to purchase the materials that can be reused for this purpose. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have suggested segregating the waste into biodegradable and non-degradable at its source itself, reducing the production of waste, using linen or jute bags as an alternative to plastic bag, promotion of &#39;zero waste&#39; concept and using modern technology in waste management for addressing this perennial problem of managing the solid waste in the Valley. -- RSS&nbsp; &nbsp;</span></span></span></p>
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			'article_category_id' => '1',
			'title' => 'Nepal-USA Chamber of Commerce discusses Trade and Investment with PM Deuba',
			'sub_title' => '',
			'summary' => 'August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting on August 6 was arranged introduce the newly elected NUSACCI executive board members to the prime minister. During the occasion, the delegation also briefed the PM about the activities undertaken by NUSACCI as well as various issues related to Nepal-USA trade and investment.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Issuing a statement, NUSACCI said that Saakha extended sincere thanks and gratitude to Prime Minister Deuba for giving his valuable time to meet the NUSACCI delegation.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, Saakh said that the NUSACCI was a bilateral chamber with over 28 years of existence and also briefed the role played by NUSACCI for strengthening bilateral ties between the two countries in the areas of trade and investment and its stance on early ratification of MCC by parliament.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The USA is one of the major trading partners of Nepal, said the statement, adding that Nepal&rsquo;s trade balance with the USA was in a deficit since a couple of years. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">NUSACCI informed that the major share of Nepal export to USA comprises carpet followed by felt and cat and dog food. In view of this, the delegation stressed on an urgent need for the promotion of carpet, readymade garments and pashmina.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Saakha said that NUSACCI is always ready to collaborate with the Government of Nepal for promotional activities to boost export to the USA. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Another major issue discussed during the meeting was the Trade and Investment Framework Agreement (TIFA) with the USA done in 2011 under which there is a provision of technical assistance but the private sector is not getting the benefit as envisaged in the agreement, the statement added.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Nepal is enjoying duty free entry of 77 goods to the USA. &ldquo;In fact, 5 items categorically cover 77 different HS code items,&rdquo; the statement further said.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Other issues discussed during the courtesy visit included the importance of compensation law, Intellectual Property Right (IPR), attracting American investment in the hydropower sector, promotional activities for export in collaboration with GON.&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, NUSACCI General Secretary Prof Dr Gandhi Pandit said that legal regime and enabling environment play a crucial role in attracting American investment in Nepal.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting was also attended by NUSACCI board members Brindaban Man Pradhanang, Rajani Rana and Sunil Rajbhandari.</span></span></span></p>

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			'modified' => '2022-08-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15501',
			'image' => '20220809112320_ROS_KTM_6487327.jpg',
			'article_date' => '2022-08-09 11:22:38',
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	(int) 2 => array(
		'Article' => array(
			'id' => '15759',
			'article_category_id' => '1',
			'title' => 'India not to Levy GST on Transit Cargo from Nepal',
			'sub_title' => '',
			'summary' => 'August 8: India's goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: India&#39;s goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. Until now, only the shipments entering Nepal were exempt of GST. However, the shipping companies used to charge GST on products exported from Nepal at Kolkata, Haldia and Visakhapatnam ports of India.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In September 2017, India had issued a notice to concerned bodies not to collect GST on cargo entering Nepal. Since the notification did not say anything about the shipment going out from Nepal, the service providers were charging GST on the goods exported from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Goods and services exported from India to Nepal are also exempt from this tax. The revenue department under the Ministry of Finance of India, in a notice issued on August 3, has made it clear that GST will not be charged on both transit cargo going to and coming out from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">After the notice issued of the department, now the shipping companies will not be allowed to collect GST on all container shipments returning from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Industry, Commerce and Supplies had taken the initiative with the concerned bodies of India to remove such taxes.&nbsp; Last month, Commerce Secretary Ganesh Prasad Pandey requested the Indian authorities to remove GST on transit cargo from Nepal to third countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ravi Shankar Sainju, former joint secretary of the ministry, said that this arrangement will have more beneficial for the exporters of Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;In the provision made by the GST Council five years ago, it was not clear about the cargo going out through Nepal. Taking advantage of this loophole, they were collecting taxes on the export and empty containers,&rdquo; said Sainju.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naresh Agarwal, vice president of Nepal Freight Forwarders Association, said that since GST is charged in the name of various services in Indian ports on containers that have gone from Nepal, now that amount will be saved. &ldquo;This is a positive aspect of Nepal&#39;s overseas trade. This will reduce the cost of doing business,&rdquo; Agarwal said.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>
',
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			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15500',
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			'article_date' => '2022-08-08 16:10:17',
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	(int) 3 => array(
		'Article' => array(
			'id' => '15758',
			'article_category_id' => '266',
			'title' => 'Futuristic Lectro E-Cycles Launched in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: The use of electric vehicles (EVs) is on the rise in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 8: The use of electric vehicles (EVs) is on the rise in Nepal. Most of the people are gradually shifting towards the use of electric vehicles rather than the ones backed by fuel engine. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Amid this backdrop, Nimbus International Company Pvt Ltd, the authorized distributor of the Lectro E- Cycles, unveiled the Versatile Lectro E-Cycles in Nepal on Sunday. The eco-friendly cycles were launched at the showroom of Lectro E-Cycle located in Pulchowk.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to Nimbus, the e-cycles are manufactured by India&rsquo;s renowned company - Hero. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The target group of Lectro is the small but increasing group of city commuters and bikers that strive to push their limits. The company said it is confident that people searching for new experiences on their bikes will enjoy riding on the Lectro, while revitalizing E-cycle.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Lectro E-Cycle is reliable with super robust structure and electrical engine, Nimbus said in a statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In addition, it is the only category in EV that can carry 4 times its weight that has long-lasting and durable components - BLDC Motor, Li-ion Battery, and agile frame, added the statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the Lectro cycle is driven by mechanical and electric effort, while the Li-ion batteries serve as its powerhouse. The cycle is BIS certified to ensure a longer life. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Added to the feature, Lectro is water-repellent and provides 100% dust protection with its IP67 rating.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The statement further says that the battery may be removed and charged inside as per the convenience of the rider. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the all-new Lectro comes with 2-years warranty, which includes lifetime warranty for battery and motors in frame. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The company claims that the E-Cycle sets a benchmark for revolution with its Mobile App feature that allows the riders to take control from Android and IOS system.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">There are total of 11 models available in Nepal including Cargo cycle. The price ranges from Rs 75,900 to Rs 139,900. The battery range starts from 25km to 60km per full charge. Full battery charge duration is 5 hours to 7 hours.</span></span></span></span></p>
',
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			'modified' => '2022-08-08',
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			'description' => '',
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			'image' => '20220808012449_IMG_0231.jpg',
			'article_date' => '2022-08-08 13:20:56',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15757',
			'article_category_id' => '266',
			'title' => 'GWM-Nepal Launches Compact Pick-up Truck Wingle 5 in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the company, this compact pick-up truck was built and marketed by GWM since December 2006, making it the first Chinese made pick-up truck to be sold in Australia and exported in overseas market as well.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Issuing a statement on Sunday, the company said that the pick-up is available in Nepal in three different colors &ndash; Sky Silver, Pearl Black, and Titanium and comes with a 2.0L turbo-diesel engine developing 105 kW (141 hp) and 305 Nm. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">It is equipped as standard with alloy wheels, radio, electric windows, leather-trimmed seats, rear differential lock, TPMS, and auto- air-conditioning, featuring high efficiency, low fuel consumption and remarkable performance, the statement added.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;Moreover, the truck has a DRL&rsquo;s with a stylish Grille design on the front with incorporated features like turn indicator on the external side mirrors. In addition, it also has a straightforward design with halogen lights and the cargo body has company fitted bedliners to avoid scratches or any form of damage. Furthermore, the alloys look promising adding up enhancement to its exterior.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The introductory price for this compact pick-up truck, Wingle 5, has been fixed at Rs 5,249,000 in Nepal.</span></span> </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-08',
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			'keywords' => '',
			'description' => '',
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			'image' => '20220808010221_wingle.jpg',
			'article_date' => '2022-08-08 13:01:44',
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	(int) 5 => array(
		'Article' => array(
			'id' => '15756',
			'article_category_id' => '1',
			'title' => 'International Women's Trade Fair from August 18',
			'sub_title' => '',
			'summary' => 'August 8: The International Women’s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: The International Women&rsquo;s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. The four-day event will conclude on August 22. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The trade fair is going to be organized by the Federation of Women Entrepreneurs&rsquo; Association of Nepal (FWEAN).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">FWEAN held a press conference on Sunday, August 7 and informed that women entrepreneurs associated with small and medium-scale industries all over the country, traders, and women exporters as well as women entrepreneurs from international countries will participate in the fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the federation, such a fair is being organized for the social and economic empowerment of women. This fair is the sixth edition of the International Women&#39;s Trade Fair, which will be inaugurated by Prime Minister Sher Bahadur Deuba. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the marketing of the products produced using local tools and resources in Nepal will get exposure to national and international levels through this fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In addition, certificates of excellence in various categories will be awarded as incentives to women entrepreneurs participating in the fair from various districts. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The federation is also scheduled to organize a one-day conference on August 19 titled &#39;Building a Sustainable Business to Empower Women&#39;.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'modified' => '2022-08-08',
			'keywords' => '',
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			'image' => '20220808124809_fair.jpg',
			'article_date' => '2022-08-08 12:47:26',
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	(int) 6 => array(
		'Article' => array(
			'id' => '15755',
			'article_category_id' => '1',
			'title' => 'Pokhara Regional Int'l Airport to Operate from January 1, 2023   ',
			'sub_title' => '',
			'summary' => 'August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A meeting of the board of directors of the Civil Aviation Authority of Nepal (CAAN) on Sunday took a decision to this effect, said CAAN Spokesperson Jagannath Niraula.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The project worth Rs 22 billion has achieved completion of 98 percent of the construction works so far, he said, adding that a calibration flight would take place in upcoming October. The project that directly connects the major tourist destination, Pokhara, with the globe through international flights spans over 200 hectares of lands. -- RSS&nbsp; </span></span></span></p>
',
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			'sortorder' => '15496',
			'image' => '20220808115737_Pokhara-Airport-800X533.jpg',
			'article_date' => '2022-08-08 11:56:54',
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	(int) 7 => array(
		'Article' => array(
			'id' => '15754',
			'article_category_id' => '1',
			'title' => 'Cathay Pacific to Operate Hong Kong-Kathmandu Flights from October 1   ',
			'sub_title' => '',
			'summary' => 'August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.   ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The flag carrier of Hong Kong has obtained permit from the Civil Aviation Authority of Nepal (CAAN) to conduct one flight in a week between Kathmandu and Hong Kong on Saturday, informed CAAN&#39;s spokesperson Jagannath Niruala.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Niraula, the airline company has already completed all the process to operate direct flights. The airlines has requested for 12 noon to 1:00 pm&#39;s slot while the CAAN is mulling to provide the slot after 8:00 pm, he shared.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Currently, Nepal Airlines has been operating flights from Kathmandu to Hong Kong and vice versa. Hong Kong is considered an important aviation destination due to dominance of Nepali diaspora there.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Meanwhile, a total of 26 international airlines including two Nepali companies have been operating international flights to and from the Tribhuvan International Airport at present.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to COVID-19 pandemic, &nbsp;30 nations operating flights had been operating flights to and from the TIA but now only 21 nations operate flights. Currently, an average of 70 flights are being&nbsp; operated to and from TIA on a daily basis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal has inked aviation agreement with 40 countries so far. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
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			'created' => '2022-08-07',
			'modified' => '2022-08-07',
			'keywords' => 'flight, Kathmandu, Hong Kong, Cathay, Pacific, airlines, CAAN, TIA',
			'description' => '',
			'sortorder' => '15495',
			'image' => '20220807094102_Cathay-Pacific-Aircraft-e1557145681253-752x348.jpg',
			'article_date' => '2022-08-07 09:39:57',
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	(int) 8 => array(
		'Article' => array(
			'id' => '15753',
			'article_category_id' => '266',
			'title' => 'Hardik Fitness Club Celebrating Silver Jubilee this Month',
			'sub_title' => '',
			'summary' => 'August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many an obstacles, defeat and triumph.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many&nbsp;obstacles, defeat and triumph. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">Over the last twenty five years, Hardik Fitness Club has evolved with the changing times and kept up with new trends and technologies, the club said in a statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">While the fitness industry has transformed immensely in the last three decades, the club said its goals and objectives have not changed.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;We remain committed to providing affordable yet state-of-the-art fitness services to our valuable members and continually seek to raise our standards,&rdquo; the statement said, adding, &ldquo;Fitness to us is more than just pumping iron at the gym. It is an attitude, a code, a way of being. It is an unwavering commitment to show up and get after it regardless of the weather or the circumstances of life.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club also thanked its &lsquo;loyal&rsquo; customers acknowledging that its success owes much to the trust shown by the club members </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;Passion, loyalty, dedication and hard work have been vital to the success of this organization and we&rsquo;re still here, 25 years later, pushing through with a vision to become the best we can be everyday,&rdquo; added the statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">On the occasion, the club also announced 25 percent discount for annual membership for the first 25 members joining the club between August 7 to 13. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club has also offered 15 percent discount for all other customers. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
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			'sortorder' => '15494',
			'image' => '20220805055043_hardik.jpg',
			'article_date' => '2022-08-05 17:49:17',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15752',
			'article_category_id' => '1',
			'title' => 'Arrival of Chinese Tourists Improving',
			'sub_title' => '',
			'summary' => 'August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months. The arrival of Chinese tourists increased by 250 percent in July compared to June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the Department of Immigration, a total of 451 Chinese tourists arrived in Nepal in June, which increased to 1, 593 in July.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Before the start of the pandemic, altogether 10, 808 Chinese tourists had arrived in Nepal in July 2019. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The arrival of Chinese tourists has increased after China eased the restrictions imposed to curb the&nbsp; viral outbreak.&nbsp; However, China is still enforcing lockdown in some of its cities. According to media reports, lockdown is still in place in China&rsquo;s southern city of Sanya and Wuhan,&nbsp; the origin of coronavirus. But the lockdown is not as strict as it was before as most of the Chinese citizens have been vaccinated against the virus.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Chinese and Indian tourists form the backbone of Nepal&rsquo;s tourism industry. The two countries are also the most populous countries in the world. China&rsquo;s population is more than one billion and India&rsquo;s population is a little less. Indian tourists do not require any visa to visit Nepal. Hundreds of thousands of tourists from the two countries travel worldwide every year. Nepal&rsquo;s tourism sector can benefit a lot if it can tap in the potential of Indian and Chinese tourists.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '15751',
			'article_category_id' => '1',
			'title' => 'Rs 36.7 Billion Required for Tatopani and Upper Marsyangdi Projects',
			'sub_title' => '',
			'summary' => 'August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. The cost of the Upper Marsyangdi Hydropower Project alone is estimated to cost Rs 33.3 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Forestry has published an Environmental Impact Assessment (EIA) report with an estimated cost of Tatopani Hydel at Rs 3.4 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Upper Marsyangdi is a proposed project in Marsyangdi river which flows through Lamjung district of Gandaki Province.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A feasibility study conducted by the Upper Marsyangdi Power Company Pvt. Ltd. in 2065 after obtaining a survey permit from the Department of Electricity Development concluded that the project can be constructed with a capacity of 138 MW. The environmental impact assessment report of the project has been approved.</span></span><strong> </strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, when the company was about to start the project after the completion of the entire process, it was found that the project would affect the proposed dam area of another project &ndash; Upper Marshyangdi A Hydropower Project &ndash; &nbsp;which lies a little downstream of the project area.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The project was then told to move its construction site about 1.2 kilometers upstream.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Later, a detailed study found that only 102 megawatts of electricity can be generated at the new site.</span></span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '15750',
			'article_category_id' => '1',
			'title' => 'Secretary Marasini Transferred to PM’s Office',
			'sub_title' => '',
			'summary' => 'August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A cabinet meeting on Thursday transferred Marasini to the Office of the Prime Minister and Council of Ministers, informed a minister aware of the latest development.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The cabinet meeting also assigned the responsibilities of finance secretary to Revenue Secretary Krishna Hari Pushkar.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini has accused Finance Minister Janardan Sharma of brining unauthorized persons in the ministry on the eve of budget announcement for the current fiscal year in order to change the tax rates. Marasini had taken indefinite leave as the controversy reached its climax a few weeks ago. Sharma resigned from his post on July 6 after the federal parliament formed a special probe committee to under pressure from opposition parties as well as various sectors to investigate the allegation against Sharma.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini returned to office the very next day Sharma stepped down. However, after a few weeks of investigation, the special probe committee found Sharma not guilty due to lack of evidences to establish his involvement in bringing unauthorized persons to the ministry to influence the tax rates.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">President Bidya Devi Bhandari then reappointed Sharma on July 31 upon the recommendation of Prime Minister Sher Bahadur Deuba. As he was in odds with the finance secretary, Sharma&rsquo;s reappointment inevitably meant transfer of Marasini.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&emsp;</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '15749',
			'article_category_id' => '1',
			'title' => 'Profit of Agriculture Development Bank Declines by 24 Percent',
			'sub_title' => '',
			'summary' => 'August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. The net profit of the bank amounted to more than Rs 3.52 billion the previous year, which dropped to just over Rs 2.69 billion last year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Last year, the net profit of the bank was affected as the operating profit declined by 15.23 percent due to the higher impairment charge.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The impairment charge, which was more than Rs 12.14 million previous year, increased to more than Rs 29.51 million last year. As a result, the operating profit of the bank, which was Rs 5.3 billion in the previous year, dropped to just over Rs 4.11 billion last year. The bank&#39;s distributable profit till the last quarter was over Rs 3.90 billion.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">By distributing 20 percent bonus shares, the paid-up capital of the bank reached Rs 13.18 billion. Last year, the bank collected 2.26 percent more deposits than the previous year while the credit flow increased by 155 percent. The bank collected more than Rs 166 billion in deposits and disbursed loans amounting to more than Rs 175 biillion last year. The non-performing loan which was 1.88 percent previous year, remained at 1.68 percent last year. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '15748',
			'article_category_id' => '1',
			'title' => 'Around 300K Tourists Visit Nepal in Seven Months   ',
			'sub_title' => '',
			'summary' => 'August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. This number of foreign tourists entered the country via air route between January to July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 44,462 tourists entered Nepal in the month of July, 2022 against 58,811 foreign tourists who visited Nepal in the month of July, 2019.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The highest number of tourists visiting Nepal in July this year were from India. The number of Indian tourists during the review period stood at 17,299. Likewise, 1,874 tourists entered Nepal from Bangladesh, 1,539 from China and 4,195 from Asia and other countries in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal welcomed 9,121 tourists from Europe, 3,735 from the Middle-East and 5,228 from USA in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">As per the Nepal Tourism Board, 16,975 foreign tourists visited Nepal in the month of January; 19,766 in February; 41,006 in March; 61,589 in April; 53,608 in May; 46,957 in June and 44,462 in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Director of Nepal Tourism Board, Maniraj Lamichhane said although the month of July is off-season for tourists, the arrival of tourists is increasing.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&ldquo;It indicates gradual revival of tourism sector of Nepal,&rdquo; he said. -- RSS&nbsp;&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '15747',
			'article_category_id' => '1',
			'title' => 'Govt Forms Committee to Study Rental Charge of Industrial Estates',
			'sub_title' => '',
			'summary' => 'August 5: The government has formed a committee to study the rental charge of industrial estates. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The government has formed a committee to study the rental charge of industrial estates. The move comes after protests from stakeholders following the decision of the Industrial Area Management Limited (IDM) to implement the new fares that were fixed on 17th July 2018 in all 10 industrial estates. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The private sector has been protesting the decision saying that the latest move of the government has put them at the receiving end and also discouraged investment. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Following request from the stakeholders, the Ministry of Industry, Commerce and Supplies on Wednesday formed the study committee headed by Joint Secretary Chandrakala Poudel. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The committee has been mandated to submit a report within one month, informed Dr Narayan Prasad Regmi, spokesperson for the Ministry of Industry. Dr Regmi said that the government will decide about the rental charge of the industrial estates after the committee submits its report.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Earlier this week, a delegation of the Confederation of Nepalese Industries had met Minister for Industry, Commerce and Supplies Dilendra Prasad Badu and requested him to reconsider the decision to hike the rental charge.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI expressed objection stating that IDM has been seeking demand charge for stored equipment, collecting fees even for the water extracted through boring by the industries themselves and raising the rent of the land in an unwanted manner. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI delegation said that the decision to hike the rental charge &nbsp;by 687 percent has badly affected the industries that are yet to recover from the impacts of Covid-19. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI&rsquo;s Acting President Krishna Prasad Adhikari</span></span> argued that the decision of IDM will result in the collapse of existing industries and the country&#39;s dream of import substitution and export promotion through the promotion of manufacturing and industrial sectors will not be fulfilled.</span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI informed that the IDM has even denied extending contract period of land and also refused to issue recommendation letter for the industries to apply for bank loans in case they did not pay the rental charge as per the new rate.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => 'Solution-Oriented Garbage Management Turning Kathmandu Valley's Trash into Cash   ',
			'sub_title' => '',
			'summary' => 'August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 9: The management of biodegradable wastes in Kathmandu Valley is believed to be no longer a pressing problem as garbage management is to begin from mid-August this year.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Identification of a place at Kirtipur in Kathmandu Valley to manage such garbage is likely to offer a viable solution to the valley&#39;s pertinent problems. Around 50 ropanis of land has been obtained by the Kathmandu Metropolitan City (KMC) for garbage management.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Initially, around 40,000 kilograms of recyclable wastes would be collected from eight wards of KMC and those would be turned into manure at this site and then sold at subsidized rate. KMC is also keeping an eye out for other viable sites for this purpose.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The metropolis had been dumping all sort of garbage in Bancharedanda and Sisdol in Nuwakot district for nearly a decade and half. The garbage management faced obstructions time and again during this period. The KMC recently identified Kirtipur&#39;s site for sustainable and effective management of wastes, especially the compostable ones.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC decided that it will no longer dump harmful garbage in Bancharedanda.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nabin Manandhar, spokesperson for the KMC, shared that a team led by KMC mayor Balendra Shah was hunting more prospective sites in and around Chandragiri, Dakshinkali, Nagarjuna, Tarkeshwar and Banepa (outside the valley) to continue the waste management bid.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The sites available so far for garbage management span from 50 ropanis to 150. The KMC team is still looking for more suitable and less expensive land for the same, said Manandhar.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The KMC has already started segregation of biodegradable and non-biodegradable garbage from the source since July 17. The Garbage Management Act-2068 BS has a provision of classification of garbage.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Private Garbage Collectors to be Brought Under the Ambit of Law&nbsp;&nbsp;&nbsp;&nbsp; </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Although wastage classification project has been implemented in all 32 wards of the KMC, wastages have been managed by private companies in 23 wards while KMC itself manages wastages in remaining nine major wards.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Locals complained those places where KMC had been managing garbage sees continuation in management while garbage remain to be collected and dumped for nearly two months in those wards managed by private companies.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Dwellers in those wards complained that the private sector was engaged in money-making only rather than delivering service. The irresponsibleness towards the public had led to irregular garbage management in those wards, the locals in those wards said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local level administration in those wards have been warning the private companies of action if they do not collect the garbage from the designated places.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Lalitpur metropolis mayor Chiribabu Maharjan pressed an idea of managing waste within the local government where it is produced. &quot;Attention of the federal government is required for this,&quot; he said.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The roles and responsibilities, modality of coordination among the federal, province and local governments, framework of joint-investment and the ways of managing household, institutional, industrial, electric and post-disaster wastes should be clearly mentioned in the laws, he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Similarly, Chandragiri municipality mayor Ghanshyam Giri said the role of Province Government in waste management should be ensured in the law as per the spirit of federalism.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Mayor Giri, level-wise works and responsibilities of the government in production, collection, disposal and the entire management procedures along with their effective implementation should be guaranteed in the new law.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Besides, issues concerning environmental pollution from waste and its negative implications on public health, the responsibilities of three-tier government in waste management, inter-local-level coordination and the utilization of waste as means of economic gains should be the priorities ahead, according to chiefs of other local governments.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Alternative Route to Landfill Site </span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Process has begun to identify and establish a route to the Bancharedanda landfill site as an alternative to the regular route which gets disrupted by monsoon rains each year, posing challenges to the transport of waste.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The work in this regard has begun in cooperation among the KMC and other 17 local governments in the Kathmandu Valley.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is said the section from Mudkhukhola to Bancharendanda remains disrupted by rains for several weeks, causing challenges in the waste management. A gravel road at Mudkhukhola serving as an alternative access to Bancharedanda is likely to be upgraded soon and the KMC has allocated Rs two million for this project in the current fiscal year.&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A minimum of 200 vehicles transport the garbage managed by the private sector and the KMC daily. Only 150 vehicles are transporting the waste to the dumping site at present due to the ongoing road repair works.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Waste Management</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The waste generated in Kathmandu Valley is being dumped at Sisdol of Kakani Rural Municipality in Nuwakot since 2005, although it was meant to be dumped for two years initially. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">One thousand two hundred metric tonnes of waste is being managed at Sisdol each day. Out of this amount of waste, Kathmandu metropolis alone contributes the highest amount of 500 metric tonnes. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is believed that forty per cent of the waste produced in the valley can be managed. Every local level ward is said to be preparing to purchase the materials that can be reused for this purpose. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have suggested segregating the waste into biodegradable and non-degradable at its source itself, reducing the production of waste, using linen or jute bags as an alternative to plastic bag, promotion of &#39;zero waste&#39; concept and using modern technology in waste management for addressing this perennial problem of managing the solid waste in the Valley. -- RSS&nbsp; &nbsp;</span></span></span></p>
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		'Article' => array(
			'id' => '15760',
			'article_category_id' => '1',
			'title' => 'Nepal-USA Chamber of Commerce discusses Trade and Investment with PM Deuba',
			'sub_title' => '',
			'summary' => 'August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">August 9: A delegation of Nepal-USA Chamber of Commerce and Industry (NUSACCI) led by its President Kiran P Saakha paid a courtesy call to Prime Minister Sher Bahadur Deuba at his official residence in Baluwatar recently. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting on August 6 was arranged introduce the newly elected NUSACCI executive board members to the prime minister. During the occasion, the delegation also briefed the PM about the activities undertaken by NUSACCI as well as various issues related to Nepal-USA trade and investment.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Issuing a statement, NUSACCI said that Saakha extended sincere thanks and gratitude to Prime Minister Deuba for giving his valuable time to meet the NUSACCI delegation.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, Saakh said that the NUSACCI was a bilateral chamber with over 28 years of existence and also briefed the role played by NUSACCI for strengthening bilateral ties between the two countries in the areas of trade and investment and its stance on early ratification of MCC by parliament.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The USA is one of the major trading partners of Nepal, said the statement, adding that Nepal&rsquo;s trade balance with the USA was in a deficit since a couple of years. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">NUSACCI informed that the major share of Nepal export to USA comprises carpet followed by felt and cat and dog food. In view of this, the delegation stressed on an urgent need for the promotion of carpet, readymade garments and pashmina.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Saakha said that NUSACCI is always ready to collaborate with the Government of Nepal for promotional activities to boost export to the USA. </span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Another major issue discussed during the meeting was the Trade and Investment Framework Agreement (TIFA) with the USA done in 2011 under which there is a provision of technical assistance but the private sector is not getting the benefit as envisaged in the agreement, the statement added.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Nepal is enjoying duty free entry of 77 goods to the USA. &ldquo;In fact, 5 items categorically cover 77 different HS code items,&rdquo; the statement further said.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Other issues discussed during the courtesy visit included the importance of compensation law, Intellectual Property Right (IPR), attracting American investment in the hydropower sector, promotional activities for export in collaboration with GON.&nbsp;</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the meeting, NUSACCI General Secretary Prof Dr Gandhi Pandit said that legal regime and enabling environment play a crucial role in attracting American investment in Nepal.</span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The meeting was also attended by NUSACCI board members Brindaban Man Pradhanang, Rajani Rana and Sunil Rajbhandari.</span></span></span></p>

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		'Article' => array(
			'id' => '15759',
			'article_category_id' => '1',
			'title' => 'India not to Levy GST on Transit Cargo from Nepal',
			'sub_title' => '',
			'summary' => 'August 8: India's goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: India&#39;s goods and services tax (GST) will no longer be levied on transit cargo shipments from Nepal to third countries via India. Until now, only the shipments entering Nepal were exempt of GST. However, the shipping companies used to charge GST on products exported from Nepal at Kolkata, Haldia and Visakhapatnam ports of India.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In September 2017, India had issued a notice to concerned bodies not to collect GST on cargo entering Nepal. Since the notification did not say anything about the shipment going out from Nepal, the service providers were charging GST on the goods exported from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Goods and services exported from India to Nepal are also exempt from this tax. The revenue department under the Ministry of Finance of India, in a notice issued on August 3, has made it clear that GST will not be charged on both transit cargo going to and coming out from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">After the notice issued of the department, now the shipping companies will not be allowed to collect GST on all container shipments returning from Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Industry, Commerce and Supplies had taken the initiative with the concerned bodies of India to remove such taxes.&nbsp; Last month, Commerce Secretary Ganesh Prasad Pandey requested the Indian authorities to remove GST on transit cargo from Nepal to third countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ravi Shankar Sainju, former joint secretary of the ministry, said that this arrangement will have more beneficial for the exporters of Nepal.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;In the provision made by the GST Council five years ago, it was not clear about the cargo going out through Nepal. Taking advantage of this loophole, they were collecting taxes on the export and empty containers,&rdquo; said Sainju.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naresh Agarwal, vice president of Nepal Freight Forwarders Association, said that since GST is charged in the name of various services in Indian ports on containers that have gone from Nepal, now that amount will be saved. &ldquo;This is a positive aspect of Nepal&#39;s overseas trade. This will reduce the cost of doing business,&rdquo; Agarwal said.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '15758',
			'article_category_id' => '266',
			'title' => 'Futuristic Lectro E-Cycles Launched in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: The use of electric vehicles (EVs) is on the rise in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 8: The use of electric vehicles (EVs) is on the rise in Nepal. Most of the people are gradually shifting towards the use of electric vehicles rather than the ones backed by fuel engine. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Amid this backdrop, Nimbus International Company Pvt Ltd, the authorized distributor of the Lectro E- Cycles, unveiled the Versatile Lectro E-Cycles in Nepal on Sunday. The eco-friendly cycles were launched at the showroom of Lectro E-Cycle located in Pulchowk.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to Nimbus, the e-cycles are manufactured by India&rsquo;s renowned company - Hero. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The target group of Lectro is the small but increasing group of city commuters and bikers that strive to push their limits. The company said it is confident that people searching for new experiences on their bikes will enjoy riding on the Lectro, while revitalizing E-cycle.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Lectro E-Cycle is reliable with super robust structure and electrical engine, Nimbus said in a statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In addition, it is the only category in EV that can carry 4 times its weight that has long-lasting and durable components - BLDC Motor, Li-ion Battery, and agile frame, added the statement. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the Lectro cycle is driven by mechanical and electric effort, while the Li-ion batteries serve as its powerhouse. The cycle is BIS certified to ensure a longer life. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Added to the feature, Lectro is water-repellent and provides 100% dust protection with its IP67 rating.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The statement further says that the battery may be removed and charged inside as per the convenience of the rider. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the company, the all-new Lectro comes with 2-years warranty, which includes lifetime warranty for battery and motors in frame. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The company claims that the E-Cycle sets a benchmark for revolution with its Mobile App feature that allows the riders to take control from Android and IOS system.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">There are total of 11 models available in Nepal including Cargo cycle. The price ranges from Rs 75,900 to Rs 139,900. The battery range starts from 25km to 60km per full charge. Full battery charge duration is 5 hours to 7 hours.</span></span></span></span></p>
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			'id' => '15757',
			'article_category_id' => '266',
			'title' => 'GWM-Nepal Launches Compact Pick-up Truck Wingle 5 in Nepal',
			'sub_title' => '',
			'summary' => 'August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: Great Wall Motor (GWM), a world renowned SUV and pick-up manufacturer based in China, has launched its popular pick-up truck Wingle 5 in Nepal. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the company, this compact pick-up truck was built and marketed by GWM since December 2006, making it the first Chinese made pick-up truck to be sold in Australia and exported in overseas market as well.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Issuing a statement on Sunday, the company said that the pick-up is available in Nepal in three different colors &ndash; Sky Silver, Pearl Black, and Titanium and comes with a 2.0L turbo-diesel engine developing 105 kW (141 hp) and 305 Nm. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">It is equipped as standard with alloy wheels, radio, electric windows, leather-trimmed seats, rear differential lock, TPMS, and auto- air-conditioning, featuring high efficiency, low fuel consumption and remarkable performance, the statement added.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;Moreover, the truck has a DRL&rsquo;s with a stylish Grille design on the front with incorporated features like turn indicator on the external side mirrors. In addition, it also has a straightforward design with halogen lights and the cargo body has company fitted bedliners to avoid scratches or any form of damage. Furthermore, the alloys look promising adding up enhancement to its exterior.&rdquo;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The introductory price for this compact pick-up truck, Wingle 5, has been fixed at Rs 5,249,000 in Nepal.</span></span> </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-08',
			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15498',
			'image' => '20220808010221_wingle.jpg',
			'article_date' => '2022-08-08 13:01:44',
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	(int) 5 => array(
		'Article' => array(
			'id' => '15756',
			'article_category_id' => '1',
			'title' => 'International Women's Trade Fair from August 18',
			'sub_title' => '',
			'summary' => 'August 8: The International Women’s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 8: The International Women&rsquo;s Trade Fair is all set to kick off at the Heritage Garden in Sanepa, Kathmandu on August 18. The four-day event will conclude on August 22. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The trade fair is going to be organized by the Federation of Women Entrepreneurs&rsquo; Association of Nepal (FWEAN).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">FWEAN held a press conference on Sunday, August 7 and informed that women entrepreneurs associated with small and medium-scale industries all over the country, traders, and women exporters as well as women entrepreneurs from international countries will participate in the fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the federation, such a fair is being organized for the social and economic empowerment of women. This fair is the sixth edition of the International Women&#39;s Trade Fair, which will be inaugurated by Prime Minister Sher Bahadur Deuba. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the marketing of the products produced using local tools and resources in Nepal will get exposure to national and international levels through this fair.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In addition, certificates of excellence in various categories will be awarded as incentives to women entrepreneurs participating in the fair from various districts. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The federation is also scheduled to organize a one-day conference on August 19 titled &#39;Building a Sustainable Business to Empower Women&#39;.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-08',
			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15497',
			'image' => '20220808124809_fair.jpg',
			'article_date' => '2022-08-08 12:47:26',
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	(int) 6 => array(
		'Article' => array(
			'id' => '15755',
			'article_category_id' => '1',
			'title' => 'Pokhara Regional Int'l Airport to Operate from January 1, 2023   ',
			'sub_title' => '',
			'summary' => 'August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 8: The Pokhara Regional International Airport will officially come into operation from January 1, 2023. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A meeting of the board of directors of the Civil Aviation Authority of Nepal (CAAN) on Sunday took a decision to this effect, said CAAN Spokesperson Jagannath Niraula.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The project worth Rs 22 billion has achieved completion of 98 percent of the construction works so far, he said, adding that a calibration flight would take place in upcoming October. The project that directly connects the major tourist destination, Pokhara, with the globe through international flights spans over 200 hectares of lands. -- RSS&nbsp; </span></span></span></p>
',
			'published' => true,
			'created' => '2022-08-08',
			'modified' => '2022-08-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15496',
			'image' => '20220808115737_Pokhara-Airport-800X533.jpg',
			'article_date' => '2022-08-08 11:56:54',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '15754',
			'article_category_id' => '1',
			'title' => 'Cathay Pacific to Operate Hong Kong-Kathmandu Flights from October 1   ',
			'sub_title' => '',
			'summary' => 'August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.   ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 7: The Cathay Pacific Airlines will start operating direct flight between Kathmandu and Hong Kong from October 1.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The flag carrier of Hong Kong has obtained permit from the Civil Aviation Authority of Nepal (CAAN) to conduct one flight in a week between Kathmandu and Hong Kong on Saturday, informed CAAN&#39;s spokesperson Jagannath Niruala.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to Niraula, the airline company has already completed all the process to operate direct flights. The airlines has requested for 12 noon to 1:00 pm&#39;s slot while the CAAN is mulling to provide the slot after 8:00 pm, he shared.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Currently, Nepal Airlines has been operating flights from Kathmandu to Hong Kong and vice versa. Hong Kong is considered an important aviation destination due to dominance of Nepali diaspora there.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Meanwhile, a total of 26 international airlines including two Nepali companies have been operating international flights to and from the Tribhuvan International Airport at present.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to COVID-19 pandemic, &nbsp;30 nations operating flights had been operating flights to and from the TIA but now only 21 nations operate flights. Currently, an average of 70 flights are being&nbsp; operated to and from TIA on a daily basis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal has inked aviation agreement with 40 countries so far. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
			'published' => true,
			'created' => '2022-08-07',
			'modified' => '2022-08-07',
			'keywords' => 'flight, Kathmandu, Hong Kong, Cathay, Pacific, airlines, CAAN, TIA',
			'description' => '',
			'sortorder' => '15495',
			'image' => '20220807094102_Cathay-Pacific-Aircraft-e1557145681253-752x348.jpg',
			'article_date' => '2022-08-07 09:39:57',
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	(int) 8 => array(
		'Article' => array(
			'id' => '15753',
			'article_category_id' => '266',
			'title' => 'Hardik Fitness Club Celebrating Silver Jubilee this Month',
			'sub_title' => '',
			'summary' => 'August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many an obstacles, defeat and triumph.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">August 5: Hardik Fitness Club is celebrating its silver jubilee this month, which according to the club is a journey fraught with many&nbsp;obstacles, defeat and triumph. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">Over the last twenty five years, Hardik Fitness Club has evolved with the changing times and kept up with new trends and technologies, the club said in a statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">While the fitness industry has transformed immensely in the last three decades, the club said its goals and objectives have not changed.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;We remain committed to providing affordable yet state-of-the-art fitness services to our valuable members and continually seek to raise our standards,&rdquo; the statement said, adding, &ldquo;Fitness to us is more than just pumping iron at the gym. It is an attitude, a code, a way of being. It is an unwavering commitment to show up and get after it regardless of the weather or the circumstances of life.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club also thanked its &lsquo;loyal&rsquo; customers acknowledging that its success owes much to the trust shown by the club members </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">&ldquo;Passion, loyalty, dedication and hard work have been vital to the success of this organization and we&rsquo;re still here, 25 years later, pushing through with a vision to become the best we can be everyday,&rdquo; added the statement.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">On the occasion, the club also announced 25 percent discount for annual membership for the first 25 members joining the club between August 7 to 13. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Arial,&quot;sans-serif&quot;">The club has also offered 15 percent discount for all other customers. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15494',
			'image' => '20220805055043_hardik.jpg',
			'article_date' => '2022-08-05 17:49:17',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15752',
			'article_category_id' => '1',
			'title' => 'Arrival of Chinese Tourists Improving',
			'sub_title' => '',
			'summary' => 'August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The arrival of Chinese tourists, which had come to a standstill after the outbreak of coronavirus, has been encouraging in recent months. The arrival of Chinese tourists increased by 250 percent in July compared to June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the Department of Immigration, a total of 451 Chinese tourists arrived in Nepal in June, which increased to 1, 593 in July.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Before the start of the pandemic, altogether 10, 808 Chinese tourists had arrived in Nepal in July 2019. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The arrival of Chinese tourists has increased after China eased the restrictions imposed to curb the&nbsp; viral outbreak.&nbsp; However, China is still enforcing lockdown in some of its cities. According to media reports, lockdown is still in place in China&rsquo;s southern city of Sanya and Wuhan,&nbsp; the origin of coronavirus. But the lockdown is not as strict as it was before as most of the Chinese citizens have been vaccinated against the virus.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Chinese and Indian tourists form the backbone of Nepal&rsquo;s tourism industry. The two countries are also the most populous countries in the world. China&rsquo;s population is more than one billion and India&rsquo;s population is a little less. Indian tourists do not require any visa to visit Nepal. Hundreds of thousands of tourists from the two countries travel worldwide every year. Nepal&rsquo;s tourism sector can benefit a lot if it can tap in the potential of Indian and Chinese tourists.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15493',
			'image' => '20220805035319_1659677829.296610149_625118472144142_1629395372382313309_n.jpg',
			'article_date' => '2022-08-05 15:52:33',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15751',
			'article_category_id' => '1',
			'title' => 'Rs 36.7 Billion Required for Tatopani and Upper Marsyangdi Projects',
			'sub_title' => '',
			'summary' => 'August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The construction of the Upper Marsyangdi and Tatopani hydropower projects are estimated to cost over Rs 36.76 billion. The cost of the Upper Marsyangdi Hydropower Project alone is estimated to cost Rs 33.3 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Ministry of Forestry has published an Environmental Impact Assessment (EIA) report with an estimated cost of Tatopani Hydel at Rs 3.4 billion. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Upper Marsyangdi is a proposed project in Marsyangdi river which flows through Lamjung district of Gandaki Province.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A feasibility study conducted by the Upper Marsyangdi Power Company Pvt. Ltd. in 2065 after obtaining a survey permit from the Department of Electricity Development concluded that the project can be constructed with a capacity of 138 MW. The environmental impact assessment report of the project has been approved.</span></span><strong> </strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, when the company was about to start the project after the completion of the entire process, it was found that the project would affect the proposed dam area of another project &ndash; Upper Marshyangdi A Hydropower Project &ndash; &nbsp;which lies a little downstream of the project area.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The project was then told to move its construction site about 1.2 kilometers upstream.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Later, a detailed study found that only 102 megawatts of electricity can be generated at the new site.</span></span></span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15492',
			'image' => '20220805020539_hydro.jpg',
			'article_date' => '2022-08-05 14:04:50',
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	(int) 11 => array(
		'Article' => array(
			'id' => '15750',
			'article_category_id' => '1',
			'title' => 'Secretary Marasini Transferred to PM’s Office',
			'sub_title' => '',
			'summary' => 'August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: Secretary Madhu Kumar Marasini has been transferred from the Ministry of Finance after the reappointment of Janardan Sharma as the finance minister.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A cabinet meeting on Thursday transferred Marasini to the Office of the Prime Minister and Council of Ministers, informed a minister aware of the latest development.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The cabinet meeting also assigned the responsibilities of finance secretary to Revenue Secretary Krishna Hari Pushkar.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini has accused Finance Minister Janardan Sharma of brining unauthorized persons in the ministry on the eve of budget announcement for the current fiscal year in order to change the tax rates. Marasini had taken indefinite leave as the controversy reached its climax a few weeks ago. Sharma resigned from his post on July 6 after the federal parliament formed a special probe committee to under pressure from opposition parties as well as various sectors to investigate the allegation against Sharma.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Marasini returned to office the very next day Sharma stepped down. However, after a few weeks of investigation, the special probe committee found Sharma not guilty due to lack of evidences to establish his involvement in bringing unauthorized persons to the ministry to influence the tax rates.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">President Bidya Devi Bhandari then reappointed Sharma on July 31 upon the recommendation of Prime Minister Sher Bahadur Deuba. As he was in odds with the finance secretary, Sharma&rsquo;s reappointment inevitably meant transfer of Marasini.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&emsp;</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2022-08-05',
			'modified' => '2022-08-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '15491',
			'image' => '20220805015123_1659612220.Madhu Marisini .jpg',
			'article_date' => '2022-08-05 13:50:32',
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	(int) 12 => array(
		'Article' => array(
			'id' => '15749',
			'article_category_id' => '1',
			'title' => 'Profit of Agriculture Development Bank Declines by 24 Percent',
			'sub_title' => '',
			'summary' => 'August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 5: The net profit of Agriculture Development Bank decreased by about 24 percent in the fourth quarter of the last fiscal year as compared to the same period of the previous year. The net profit of the bank amounted to more than Rs 3.52 billion the previous year, which dropped to just over Rs 2.69 billion last year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Last year, the net profit of the bank was affected as the operating profit declined by 15.23 percent due to the higher impairment charge.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The impairment charge, which was more than Rs 12.14 million previous year, increased to more than Rs 29.51 million last year. As a result, the operating profit of the bank, which was Rs 5.3 billion in the previous year, dropped to just over Rs 4.11 billion last year. The bank&#39;s distributable profit till the last quarter was over Rs 3.90 billion.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">By distributing 20 percent bonus shares, the paid-up capital of the bank reached Rs 13.18 billion. Last year, the bank collected 2.26 percent more deposits than the previous year while the credit flow increased by 155 percent. The bank collected more than Rs 166 billion in deposits and disbursed loans amounting to more than Rs 175 biillion last year. The non-performing loan which was 1.88 percent previous year, remained at 1.68 percent last year. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'title' => 'Around 300K Tourists Visit Nepal in Seven Months   ',
			'sub_title' => '',
			'summary' => 'August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 5: Nepal welcomed 285,363 foreign tourists in the first seven months of 2022, informed Nepal Tourism Board (NTB) citing the Department of Immigration. This number of foreign tourists entered the country via air route between January to July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 44,462 tourists entered Nepal in the month of July, 2022 against 58,811 foreign tourists who visited Nepal in the month of July, 2019.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The highest number of tourists visiting Nepal in July this year were from India. The number of Indian tourists during the review period stood at 17,299. Likewise, 1,874 tourists entered Nepal from Bangladesh, 1,539 from China and 4,195 from Asia and other countries in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Nepal welcomed 9,121 tourists from Europe, 3,735 from the Middle-East and 5,228 from USA in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">As per the Nepal Tourism Board, 16,975 foreign tourists visited Nepal in the month of January; 19,766 in February; 41,006 in March; 61,589 in April; 53,608 in May; 46,957 in June and 44,462 in July.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Director of Nepal Tourism Board, Maniraj Lamichhane said although the month of July is off-season for tourists, the arrival of tourists is increasing.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&ldquo;It indicates gradual revival of tourism sector of Nepal,&rdquo; he said. -- RSS&nbsp;&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '15747',
			'article_category_id' => '1',
			'title' => 'Govt Forms Committee to Study Rental Charge of Industrial Estates',
			'sub_title' => '',
			'summary' => 'August 5: The government has formed a committee to study the rental charge of industrial estates. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 5: The government has formed a committee to study the rental charge of industrial estates. The move comes after protests from stakeholders following the decision of the Industrial Area Management Limited (IDM) to implement the new fares that were fixed on 17th July 2018 in all 10 industrial estates. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The private sector has been protesting the decision saying that the latest move of the government has put them at the receiving end and also discouraged investment. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Following request from the stakeholders, the Ministry of Industry, Commerce and Supplies on Wednesday formed the study committee headed by Joint Secretary Chandrakala Poudel. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The committee has been mandated to submit a report within one month, informed Dr Narayan Prasad Regmi, spokesperson for the Ministry of Industry. Dr Regmi said that the government will decide about the rental charge of the industrial estates after the committee submits its report.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Earlier this week, a delegation of the Confederation of Nepalese Industries had met Minister for Industry, Commerce and Supplies Dilendra Prasad Badu and requested him to reconsider the decision to hike the rental charge.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI expressed objection stating that IDM has been seeking demand charge for stored equipment, collecting fees even for the water extracted through boring by the industries themselves and raising the rent of the land in an unwanted manner. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The CNI delegation said that the decision to hike the rental charge &nbsp;by 687 percent has badly affected the industries that are yet to recover from the impacts of Covid-19. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI&rsquo;s Acting President Krishna Prasad Adhikari</span></span> argued that the decision of IDM will result in the collapse of existing industries and the country&#39;s dream of import substitution and export promotion through the promotion of manufacturing and industrial sectors will not be fulfilled.</span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">CNI informed that the IDM has even denied extending contract period of land and also refused to issue recommendation letter for the industries to apply for bank loans in case they did not pay the rental charge as per the new rate.</span></span></span></span></p>

<p>&nbsp;</p>
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FOREX

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)

Bullion

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

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00