
February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points.…
February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points.…
February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country.…
February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to…
February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number.…
February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the…
February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the…
February 1: Nepal AVO and Aakansha Creation have signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district.…
February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February…
February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year.…
February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the…
January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women.…
January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project.…
January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu.…
January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January…
January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the…
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">With the latest rise on February 2, the NEPSE has bounced to reach 2,500 points. According to the NEPSE, the stock market has touched 2,473.73 points with a gain of 65.49 points on Tuesday (February 2) alone. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Likewise, the sensitive index, which measures share transaction of big companies, has also gained 14.10 points to reach 451.38 points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Along with the rise in NEPSE index, the traded amount has also witnessed increment. Total volume of shares traded on Tuesday were over Rs 8.59 billion. Shares of 200 companies were traded, NEPSE sources said. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The share market capitalization has reached Rs 3300 billion with the latest increment. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-03', 'modified' => '2021-02-03', 'keywords' => '', 'description' => '', 'sortorder' => '12759', 'image' => '20210203112246_20200224104313_aaaaaaaaa.jpg', 'article_date' => '2021-02-03 11:22:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13012', 'article_category_id' => '266', 'title' => 'WorldLink to Build Data Centres in All 7 Provinces', 'sub_title' => '', 'summary' => 'February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. The internet service provider said that the IDCs are being set up to support the government’s vision of ‘Digital Nepal’ and to provide better experience to its customers at a time when the internet traffic is “increasing” at an unprecedented pace.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“The growth of Internet traffic worldwide is increasing at an unprecedented pace putting pressure on the Internet infrastructure and worsening user experience and internet speed,” said WorldLink in a statement, adding, “For better Internet experience therefore, there is a need to have servers locally, to store the content as near as possible to the users.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">According to the company, Nepal is also witnessing exponential growth in internet traffic with robust growth in the use of digital services. The company added that the government and private sector organizations have to quickly adapt to advanced digital technologies and move to cloud services at a higher pace than anticipated before.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Therefore, the company said it decided to set up the data centres across the country to meet this requirement. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Out of the proposed 14 data centres, the Kathmandu data centre will be the largest and internationally accredited, adds the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri"> “All the data centres will be with carrier neutral, meaning this facility will not only facilitate WorldLink’s infrastructure but will also facilitate other ISPs, Telecoms, government and private organizations for the entire Nepal ICT infrastructure.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">WorldLink stated that the company is planning to invest around Rs 3000 millin over the next three years to build these data centers. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“Our motive is to give quality internet service to our customers and help in building a Digital Nepal. With these DC facilities everyone will get internet content faster, cheaper and at a more reliable mode,” added the statement. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12758', 'image' => '20210202031651_data-center-in-Nepal-702x459.jpg', 'article_date' => '2021-02-02 15:16:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13011', 'article_category_id' => '1', 'title' => 'SJVN Limited to Export 79 Percent Electricity to India, Nepal to get 21 Percent Free of Cost', 'sub_title' => '', 'summary' => 'February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Indian company will be exporting 536.41 megawatts of electricity to India once the project starts generating electricity. Nepal will be getting 21 percent of electricity (146.37 megawatts) generated by the project free of cost. The company had included such clauses while submitting proposal for the project. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Following the selection of SJVN Limited, the total number of hydropower projects developed for exporting electricity from Nepal has now reached three. Other such projects include 900-megawatt Arun III Hydropower Project, which is also being developed by SJVN Limited, and 900-megawatt Upper Karnali Hydropower Project which is undertaken by India’s GMR Company. Both of these companies will be exporting electricity to India after providing a certain amount of electricity free of cost to Nepal. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Nepal will receive 21.88 percent electricity from the Lower Arun III and 12 percent electricity from Upper Karnali.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Investment Board Nepal had last week selected SJVN Limited for the framework development of Lower Arun Hydropower Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">SJVN Limited’s competitor from China had proposed providing 25 percent free electricity to Nepal. However, SJVN scored more points in overall criteria set by the government and therefore the project was handed over to the Indian company, the board informed New Business Age. A high-ranking source at the Ministry of Energy said on condition of anonymity that SJVN Limited scored three points more than the Chinese company.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“We didn’t evaluate the proposals only on the basis of free electricity offer. SJNV scored more points while evaluating all the criteria set by the government,” said the source, adding that the Chinese company scored 80 points while the Indian company scored 83 points.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The company’s proposal has already been approved by the Government of Nepal after it was selected for project framework development. However, there are possibilities of amending the proposal of the Indian company while signing the project development agreement (PDA).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Firstly, the board will sign an agreement with the company for project framework development. Then the board will give survey license and then the permission for construction of the project, which will be followed by PDA between the company and the government.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">IBN Spokesperson Dharmendra Kumar Mishra said that the two sides can negotiate on the proposal made by the company before signing the PDA.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“Both sides will hold discussions on the proposal made by the company before signing the PDA. The proposal can be amended in this process,” said Mishra.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12757', 'image' => '20210202021045_20150823012330_ep1.jpg', 'article_date' => '2021-02-02 14:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '13010', 'article_category_id' => '1', 'title' => '50 Percent Hotel Occupancy in Sauraha following New Year Campaign', 'sub_title' => '‘Let's Go to Sauraha’ Campaign Brings Tourists in Hordes', 'summary' => 'February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Over 50 per cent of hotels in Sauraha remain occupied during the weekend while over 140 small and big hotels and around 50 restaurants in Sauraha see 40 per cent occupancy during the working days lately, informed Regional Hotel Association Chitwan’s President Deepak Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The local tourism entrepreneurs had targeted major city areas in Province No 2 and Bagmati Province for the campaign besides marketing it in Biratnagar and Dharan among other major cities in Province No 1, shared Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The promotional campaign that was supported by the Tourism Board of Nepal and local units as well as attractive discount scheme in services (20 to 40 per cent) offered by the hotels and restaurants managed to bring in encouraging number of domestic tourists in Sauraha. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">According to Bhattarai, before the outbreak of COVID-19, mostly students were seen coming in Sauraha but lately people visit Sauraha as a couple or in a family to enjoy sight-seeing its rich flora and fauna and enchanting natural landscapes. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Most of the hotels and restaurants in Sauraha that were shut down after the outbreak of COVID-19 pandemic have begun their operation, informed the campaign coordinator Suman Ghimire. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Ghimire said that plans were afoot to launch the campaign nationwide. Restaurant and Bar Association Sauraha’s President Dipendra Khatiwada added that the arrival of tourists in Sauraha during the holidays remains higher while their arrival during the working days is also satisfactory. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Sauraha, situated close to Rapti River and the Chitwan National Park, is one of the major tourism destinations in the country that offers multitude of activities for the tourists such as jungle safari either in a jeep or on elephant, bird watching, canoe ride, elephant baths, sunrise and sunset viewing, boating and cultural events among others. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12756', 'image' => '20210202121548_20190415022754_aaa.jpg', 'article_date' => '2021-02-02 12:15:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13009', 'article_category_id' => '1', 'title' => 'Government Sets Up Bird Flu Control Room', 'sub_title' => '', 'summary' => 'February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Department of Livestock Services on Friday confirmed bird flu among the turkeys, ducks and quails after a sample test at ward-7 of the municipality. The bird flu control room was formed under the leadership of Damayanti Shrestha, acting director general of the department, on the same day.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department informed that the control room will coordinate with various government bodies including the Nepal Agriculture Research Council, National Public Health Laboratory and the Epidemiology and Disease Control Division. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Information Officer of the department Dr Chandra Dhakal said that the control room is currently working to prevent the disease from spreading in other areas. Dhakal claimed that the department has already succeeded in curbing the disease in Tarkeshwar Municipality.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department has banned poultry farming and animal husbandry in the municipality for the next three months. The control room is preparing to mobilize teams across the country in coordination with the provincial and local governments.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12755', 'image' => '20210202120856_A3 Poster or Handout_Bird Flu Mar 2020 (upload)-400 2.JPG', 'article_date' => '2021-02-02 12:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '13008', 'article_category_id' => '1', 'title' => 'Central Bank Prepares Draft to Regulate Transactions through QR Code ', 'sub_title' => '', 'summary' => 'February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country. Although the quick response (QR) code is already in use in the market, the central bank is yet to come up with a policy to regulate its use.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">NRB was under pressure from Banks and Financial Institutions (BFIs) and payment service providers to regulate QR code, which is in use since the last three years. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Executive Director of the Payments Department of Nepal Rastra Bank Bhuvan Knadel says the central bank has given special attention to QR code while promoting electronic payment system.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that the draft has been prepared in line with international standard and practices.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We have prepared the QR Code Framework and Guideline and opened the floor for discussion. We are seeking feedbacks from concerned stakeholders including service providers, bank and merchants as well as customers,” said Kandel.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We are receiving suggestions from some sectors and are still waiting for more feedbacks. The draft will be finalized after collecting feedbacks,” added Kandel. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has a provision that the service providers cannot charge customers for the use of QR Code. However, the service providers can fix a certain charge in the future and the central bank can fix a ceiling, according to the proposed draft. Executive Director Kandel said that such measures were considered so that the customers would not get cheated while also keeping in view that the market trend would not be disrupted.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has also outlined the need to ensure security measures for the electronic transaction.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12754', 'image' => '20210201044333_1612137905.jpg', 'article_date' => '2021-02-01 16:42:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13007', 'article_category_id' => '266', 'title' => 'AVO joins hands with Aakansha Creation to create jobs for displaced women in Sindhupalchowk', 'sub_title' => '', 'summary' => 'February 1: Nepal AVO and Aakansha Creation have signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman"">February 1: </span></span><span style="font-family:Georgia">Nepal AVO and Aakansha Creation have </span><span style="font-family:Georgia">signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. Aakansha Creation’s Tekka Initiatives, a social campaign of the company, will lead the project in collaboration with the local ward office. The campaign will organize trainings for the displaced women on making soft toys. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The materials used for making the soft toys and the training will be provided free of cost, the organisers said in a joint statement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“Once the training is completed, they will be provided an opportunity for employment to produce soft toys for AVO Nepal. The concept is build with an aim of improving the livelihood of displaced women and helping them become economically independent. These toys will be sold via different outlets throughout Nepal, India and Japan,” the statement added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“It’s our absolute pleasure to collaborate with Tekka Initiative to start something inspiring,” said the Co-Founder and Director of AVO Nepal Sudixya Adhikari, adding, “Our company is focused on promoting Nepali Avocado and its various sub-categories of products. To launch our brand with soft toys is not only a part of our business strategy but also our intention to help marginalized communities, especially women. We were looking for a company that worked with women and found Tekka Initiative as a perfect match for our objective”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The Managing Director of Aakansha Creation said, “We plan to offer training on crochet and supply materials free of cost. Once they complete the training, we will use their skills to manufacture soft toys with an intention to provide jobs to at-least 100 women in the next six months”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">Battered by a series of natural disasters in July and August that caused huge loss to life and property, Sindhupalchowk was declared a crisis-hit region by the government on 24 September, 2020, the statement further said. The government is reortedly planning to reconstruct the disaster-ravaged physical infrastructure in the district with the assistance of World Bank.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12753', 'image' => '20210201032146_Pic Signing Cer.jpg', 'article_date' => '2021-02-01 15:20:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13006', 'article_category_id' => '1', 'title' => 'PM Oli Inaugurated Nepal’s Largest Substation', 'sub_title' => '', 'summary' => 'February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1. It is the first substation of 400 KV in Nepal and also the biggest in the country.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Dhanusha-based substation was set up by the Nepal Electricity Authority with an investment of 224.3 million. The state-owned NEA had awarded the contract to build the substation to Linxon India Private Limited (formerly ABB India Limited) in December 2017.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has three 315 MVA transformers and nine GIS line way. The nine GIS lines have been fixed for the transmission of electricity to and from Hetauda, Inaruwa and Muzaffarpur. The substation also has six GIS transformers and reactors.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has a capacity to exchange 1000 megawatts of electricity between Nepal and India via Muzaffarpur transmission line. Similarly, it has the capacity to exchange 2000 megawatts of electricity with Hetauda and Inaruwa transmission lines each, according to NEA.</span></span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12752', 'image' => '20210201014119_1612137114.Clipboard24.jpg', 'article_date' => '2021-02-01 13:40:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '13005', 'article_category_id' => '1', 'title' => 'Export of Soybean Oil up by 290 Percent', 'sub_title' => '', 'summary' => 'February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. According to the Trade and Export Promotion Centre (TEPC), Nepal exported soybean oil worth Rs 17 billion during the review period. The export of soybean oil during the corresponding period of last fiscal year was worth Rs 4 billion.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In the review period, palm oil – which was Nepal’s top export product last year – dropped to 27<sup>th</sup> position among the items exported by Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The country had exported palm oil worth Rs 13.89 billion in the first six months of the current fiscal year but the export dropped to Rs 400,000 in the current fiscal year after India banned the import of palm oil. India is the main market for palm oil and soybean oil produced in Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Nepali businessmen used to import unrefined palm oil from third countries and then the finished produce used to be exported to India. The businessmen have shifted their focus toward soybean oil after India banned palm oil.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“Industries are gradually reopening as the situation is normalizing after Covid-19 and lockdown,” said industrialist Pradeep Muraraka, adding, “After the ban on palm oil, there has been an increase in demand for soybean oil. We have shifted our focus on production of soybean oil.”</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Wool, black cardamom, carpet, jute, readymade garments, tea are among the major export products of Nepal after soybean oil, according to Krishna Bajgain, senior officer at TEPC.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12751', 'image' => '20210201123822_1612135819.Clipboard21.jpg', 'article_date' => '2021-02-01 12:37:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13004', 'article_category_id' => '1', 'title' => 'Price of Chicken Drops after Emergence of Bird Flu in Capital', 'sub_title' => '', 'summary' => 'February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital. The Department of Livestock on Saturday had confirmed bird flu in a poultry farm in Sanglekhola of Tarkeshwar Municipality in the northern outskirts of Kathmandu. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The price of chicken had gradually increased to as much as Rs 370 per kilogram after the lockdown was lifted. The price has dropped to Rs 350 per kg after bird flu was reported on Saturday, January 30.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">However, the Meat Entrepreneurs Association of Nepal says that bird flu alone is not the reason in falling price of chicken. Chairman of the association Jung Bahadur BC says chicken have not been infected so far and therefor urged the consumers not to panic. According to him, the government has confirmed bird flu among ducks, turkeys and quails but not among chicken.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Meanwhile, poultry farmers have become worried due to the emergence of bird flu when their business was finally picking up pace after suffering for a long time due to the impact of coronavirus and lockdown.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">On the other hand, government authorities have sealed the infected area to prevent the virus from spreading.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Bird flu was detected in different places of India last month and the government had made all possible efforts to prevent the disease from entering Nepal. As the virus has already been detected in Nepal, the department has urged everyone involved in poultry business to transport chicken and other avian animals only after getting certificates from the concerned government bodies.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12750', 'image' => '20210201121610_index.jpg', 'article_date' => '2021-02-01 12:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13002', 'article_category_id' => '1', 'title' => 'President Bhandari Pledges to Resolve Problems Faced by Women Entrepreneurs', 'sub_title' => '', 'summary' => 'January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria">January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">During a meeting with the winners of Nubiz Business Women Summit and Awards 2021 on Saturday (January 30), President Bhandari told the women entrepreneurs to share their problems in written form and she would take necessary measures in coordination with the government to resolve those problems.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“There is a big challenge for women to become entrepreneurs. I understand this clearly. Women should not lose confidence. The government is there to support women entrepreneurs with various programmes,” said President Bhandari.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“I will take the initiative to resolve the problems faced by women entrepreneurs,” she added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">The president also thanked New Business Age for organising the summit and training to women entrepreneurs from across the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">Finance Minister Bishnu Poudel had inaugurated the summit and awards ceremony on Friday (January 29). During the inauguration, Minister Poudel had expressed government’s commitment to promote women entrepreneurship in the country. The awards ceremony was initially scheduled for March last year but was pushed back due to the Covid-19 pandemic.</span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12749', 'image' => '20210131083603__J4A1895 - Copy.JPG', 'article_date' => '2021-01-31 12:34:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13003', 'article_category_id' => '1', 'title' => 'India’s SJVN Limited Selected for Arun Hydropower Project Development ', 'sub_title' => '', 'summary' => 'January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. ', 'content' => '<p><em>This file photo shared by SJVN Limited on its Facebook page shows PM KP Sharma Oli with SJVN Chairman Nanda Lal Sharma (right). A meeting of the Investment Board chaired by PM Oli has selected SJVN for project framework development of Lower Arun Hydropower Project.</em></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework, according to the state-owned national news agency, RSS. A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">RSS further stated that the selection was made on the basis of an assessment of the companies listed through international bidding. The 679-MW project will be based in Sankhuwasabha and Bhojpur districts. The project was proposed before international investors during the Nepal Investment Summit held in Kathmandu in 2019. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">During Friday’s meeting, Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects needs to be implemented on time, according to IBN spokesperson Dharmendra Kumar Mishra. </span><br /> <span style="font-family:"Arial Unicode MS""> Meanwhile the meeting decided to invite as experts to the Board Rajesh Kaji Shrestha, Hari Bhakta Sharma and Bhawani Rana, and Bal Krishna Shiwakoti as members. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12748', 'image' => '20210131022048_143465423_1552556748264906_5756472219190650236_n.jpg', 'article_date' => '2021-01-31 14:17:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '13001', 'article_category_id' => '1', 'title' => 'Bird Flu Detected in Kathmandu ', 'sub_title' => '', 'summary' => 'January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS"">According to the state-run news agency, RSS, the municipality's Livestock Division Chief Dhanipat Roy shared that 1865 ducks, 622 quail birds, 32 chicks, 25 turkeys, 542 eggs and 75-kg feed were destroyed and disposed off after the confirmation of bird flu. </span><br /> <span style="font-family:"Arial Unicode MS"">Poultry firms of local farmers have been sealed off with the assistance of a joint team of Nepal government's Department of Health Services, Department of Livestock and Tarakeswor Municipality's health section after the detection of the flu, RSS further reported. </span><br /> <span style="font-family:"Arial Unicode MS"">In view of the fear of the outbreak, the samples of poultry products from other firms have been sent for test, RSS quoted the municipality sources as saying. </span><br /> <span style="font-family:"Arial Unicode MS"">Division Chief Roy reportedly informed that the bird flu affected areas have been disinfected with sprays. </span></span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12747', 'image' => '20210131120553_Avian-influenza-word-cloud.jpg', 'article_date' => '2021-01-31 12:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13000', 'article_category_id' => '1', 'title' => 'NewBiz Celebrates Women Entrepreneurship Excellence', 'sub_title' => '12 Women Felicitated for their contributions to entrepreneurship in the country', 'summary' => 'January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29.', 'content' => '<p>January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29. In the event, which was originally scheduled for March last year and was postponed due to the Covid-19 pandemic, working and entrepreneurial women of Nepal were honoured in various categories selected by independent panels of jury for their excellence in respective areas. Shanta Baskota Koirala, managing director of Kanchanjangha Tea Estate, was felicitated with the 'Women Entrepreneur of the Year 2021' award. Similarly, Shreejana Rana was honoured with the 'Business Women of the Year 2021' award, while Urmila Shrestha, CEO of Salt Trading Corporation Limited, received the 'Influential Business Women of the Year 2021' award. Similarly, Vidushi Rana, director of branding and business development at Kiran Shoes Manufactures was felicitated with the 'Charismatic Business Women of the Year 2021' award. Veteran hotelier Maharajkumari Rama Rana Malla, Chairperson of The Malla Hotel was honoured with the Lifetime Achievement Award for her four decades of contributions to the Nepali business sector. Malla, whose business portfolio includes a five-star property, a resort and a tour agency, is also a dedicated philanthropist who is still active even at the age of 75.</p> <p>Likewise, seven women entrepreneurs, one each from the seven provinces of the country, were honoured under the category 'Emerging Enterprising Women of the Year 2021'. Champa Nepal, proprietor of Champa Shoe Center and Training, Biratnagar (Province 1), Trishna Singh Bhandari, owner of Mithila House Pvt Ltd, Birgunj (Province 2), Chandrakala Baskota, owner of Rijal Plastic Udhyog, Bhaktapur (Bagmati Province), Ramkali Khadka, founder of Women’s Skills Development Center, Pokhara (Gandaki Province), Chitra Kali Budhamagar, owner of Kothi Himal Allo Kapada Udhyog, Pyuthan (Lumbini Province), Heema Kumari Upadhyay, owner of Bhawani Chhapakhana, Surkhet (Karnali Province) and Heera Bhandari, managing director of B Polytechnic Institute, Dhangadhi (Sudurpaschim Province) were awarded. The event comprised of two parts; the first part of the programme was completed last year but the final part was postponed due to the pandemic. Under the first part, full day training programmmes for business women from different parts of the country were organised on entrepreneurship and financial literacy at ten different centres of the country - Biratnagar, Birtamode, Birgunj, Janakpur, Hetauda, Narayangarh, Butwal, Surkhet, Dhangadhi and Pokhara. The programmes were participated by about 2,000 people. In these programmes the women entrepreneurs also had opportunity to interact with the representatives of various banks and financial institutions operating in those locations, the representatives of the regulating authorities concerned with business sectors and representatives of local government bodies. These programmes were highly successful based on the feedback the participants shared. The second and final part of the event, which was held at Radisson Hotel Kathmandu, comprised of two parts. Under the first part of the final programme, Women’s Summit was held in which leading business women and professionals from various sectors participated in a panel discussion titled ‘Promoting Women Entrepreneurship: Policies and Practices’ with another part being the awards distribution ceremony. The event was organised following the health safety guidelines as the pandemic situation is yet to come under total control. </p> <p>Standard Chartered Bank Nepal was Title Sponsor of the programme. The programme, which was held in association with Muktinath Bikas Bank, had Star Hospital as Medical Partner. The event had Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Nepal Rastra Bank (NRB) as Associate Partners. Likewise, Nimbus Group (Byanjan), Sitaram Gokul Milks, Progressive Finance, Reliable Life Insurance, General Insurance, Merigold Jewellers and Agni Group also supported the event. Also supporting were the 10 district chambers of commerce and industry. DishHome was the official TV platform of the event.<br /> </p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12746', 'image' => '20210131083539__DSC3719.JPG', 'article_date' => '2021-01-29 18:15:54', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ), (int) 14 => array( 'Article' => array( 'id' => '12999', 'article_category_id' => '1', 'title' => ''Newbiz Business Women Summit & Awards 2021' kicks off', 'sub_title' => ' Finance Minister Paudel vows to promote and support women entrepreneurs', 'summary' => 'January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.', 'content' => '<p>January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.</p> <p>Addressing the inaugural ceremony of the 'Newbiz Business Women Summit & Awards 2021', Finance Minister Paudel said that women empowerment was necessary to foster entrepreneurship among women.</p> <p>"The constitution is progressive in terms of gender equality. However, we have to focus on to make women feel that there is no gender discrimination, they are equal to men and their potential and capacity are realized," said Finance Minister Paudel.</p> <p>Finance Minister Paudel also expressed the government's commitment to promote and facilitate women entrepreneurs that ultimately help in achieving economic prosperity of the country.</p> <p>New Business Age Pvt Ltd, the publisher of Arthik Abhiyan Daily and New Business Age, in collaboration with Standard Chartered organized the summit and award ceremony.</p> <p>Speaking at the inaugural ceremony, Madan Lamsal, Chairman of New Business Age Pvt Ltd, said that the initiative was aimed at honoring women entrepreneurs who have continued to pursue their businesses by overcoming all odds and adverse business conditions in the country.</p> <p>Zarin Daruwala, Cluster CEO India and Chairperson of Standard Charted Bank Nepal Ltd, said that easier access to finance, better tech connectivity and easier market access would help in scaling up women entrepreneurship.</p> <p>According to Daruwala, Standard Chartered Bank Nepal has observed nearly 16 folds increase in women entrepreneurship loans in 2020 compared to 2019 in line with the Nepal Rastra Bank's directed sector lending program.</p> <p>Also speaking at the inaugural ceremony, Bhawani Rana, Immediate Past President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that women have made a remarkable progress in economic and business sectors in last two decades. "There are still many challenges that women entrepreneurs are facing in our patriarchal society. The government must take a lead role in helping women entrepreneurs to overcome these challenges," she added.</p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12745', 'image' => '20210131083813__DSC3489.JPG', 'article_date' => '2021-01-29 17:57:45', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '13014', 'article_category_id' => '1', 'title' => 'NEPSE at All-Time High Record ', 'sub_title' => '', 'summary' => 'February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">With the latest rise on February 2, the NEPSE has bounced to reach 2,500 points. According to the NEPSE, the stock market has touched 2,473.73 points with a gain of 65.49 points on Tuesday (February 2) alone. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Likewise, the sensitive index, which measures share transaction of big companies, has also gained 14.10 points to reach 451.38 points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Along with the rise in NEPSE index, the traded amount has also witnessed increment. Total volume of shares traded on Tuesday were over Rs 8.59 billion. Shares of 200 companies were traded, NEPSE sources said. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The share market capitalization has reached Rs 3300 billion with the latest increment. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-03', 'modified' => '2021-02-03', 'keywords' => '', 'description' => '', 'sortorder' => '12759', 'image' => '20210203112246_20200224104313_aaaaaaaaa.jpg', 'article_date' => '2021-02-03 11:22:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13012', 'article_category_id' => '266', 'title' => 'WorldLink to Build Data Centres in All 7 Provinces', 'sub_title' => '', 'summary' => 'February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. The internet service provider said that the IDCs are being set up to support the government’s vision of ‘Digital Nepal’ and to provide better experience to its customers at a time when the internet traffic is “increasing” at an unprecedented pace.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“The growth of Internet traffic worldwide is increasing at an unprecedented pace putting pressure on the Internet infrastructure and worsening user experience and internet speed,” said WorldLink in a statement, adding, “For better Internet experience therefore, there is a need to have servers locally, to store the content as near as possible to the users.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">According to the company, Nepal is also witnessing exponential growth in internet traffic with robust growth in the use of digital services. The company added that the government and private sector organizations have to quickly adapt to advanced digital technologies and move to cloud services at a higher pace than anticipated before.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Therefore, the company said it decided to set up the data centres across the country to meet this requirement. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Out of the proposed 14 data centres, the Kathmandu data centre will be the largest and internationally accredited, adds the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri"> “All the data centres will be with carrier neutral, meaning this facility will not only facilitate WorldLink’s infrastructure but will also facilitate other ISPs, Telecoms, government and private organizations for the entire Nepal ICT infrastructure.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">WorldLink stated that the company is planning to invest around Rs 3000 millin over the next three years to build these data centers. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“Our motive is to give quality internet service to our customers and help in building a Digital Nepal. With these DC facilities everyone will get internet content faster, cheaper and at a more reliable mode,” added the statement. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12758', 'image' => '20210202031651_data-center-in-Nepal-702x459.jpg', 'article_date' => '2021-02-02 15:16:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13011', 'article_category_id' => '1', 'title' => 'SJVN Limited to Export 79 Percent Electricity to India, Nepal to get 21 Percent Free of Cost', 'sub_title' => '', 'summary' => 'February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Indian company will be exporting 536.41 megawatts of electricity to India once the project starts generating electricity. Nepal will be getting 21 percent of electricity (146.37 megawatts) generated by the project free of cost. The company had included such clauses while submitting proposal for the project. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Following the selection of SJVN Limited, the total number of hydropower projects developed for exporting electricity from Nepal has now reached three. Other such projects include 900-megawatt Arun III Hydropower Project, which is also being developed by SJVN Limited, and 900-megawatt Upper Karnali Hydropower Project which is undertaken by India’s GMR Company. Both of these companies will be exporting electricity to India after providing a certain amount of electricity free of cost to Nepal. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Nepal will receive 21.88 percent electricity from the Lower Arun III and 12 percent electricity from Upper Karnali.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Investment Board Nepal had last week selected SJVN Limited for the framework development of Lower Arun Hydropower Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">SJVN Limited’s competitor from China had proposed providing 25 percent free electricity to Nepal. However, SJVN scored more points in overall criteria set by the government and therefore the project was handed over to the Indian company, the board informed New Business Age. A high-ranking source at the Ministry of Energy said on condition of anonymity that SJVN Limited scored three points more than the Chinese company.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“We didn’t evaluate the proposals only on the basis of free electricity offer. SJNV scored more points while evaluating all the criteria set by the government,” said the source, adding that the Chinese company scored 80 points while the Indian company scored 83 points.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The company’s proposal has already been approved by the Government of Nepal after it was selected for project framework development. However, there are possibilities of amending the proposal of the Indian company while signing the project development agreement (PDA).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Firstly, the board will sign an agreement with the company for project framework development. Then the board will give survey license and then the permission for construction of the project, which will be followed by PDA between the company and the government.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">IBN Spokesperson Dharmendra Kumar Mishra said that the two sides can negotiate on the proposal made by the company before signing the PDA.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“Both sides will hold discussions on the proposal made by the company before signing the PDA. The proposal can be amended in this process,” said Mishra.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12757', 'image' => '20210202021045_20150823012330_ep1.jpg', 'article_date' => '2021-02-02 14:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '13010', 'article_category_id' => '1', 'title' => '50 Percent Hotel Occupancy in Sauraha following New Year Campaign', 'sub_title' => '‘Let's Go to Sauraha’ Campaign Brings Tourists in Hordes', 'summary' => 'February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Over 50 per cent of hotels in Sauraha remain occupied during the weekend while over 140 small and big hotels and around 50 restaurants in Sauraha see 40 per cent occupancy during the working days lately, informed Regional Hotel Association Chitwan’s President Deepak Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The local tourism entrepreneurs had targeted major city areas in Province No 2 and Bagmati Province for the campaign besides marketing it in Biratnagar and Dharan among other major cities in Province No 1, shared Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The promotional campaign that was supported by the Tourism Board of Nepal and local units as well as attractive discount scheme in services (20 to 40 per cent) offered by the hotels and restaurants managed to bring in encouraging number of domestic tourists in Sauraha. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">According to Bhattarai, before the outbreak of COVID-19, mostly students were seen coming in Sauraha but lately people visit Sauraha as a couple or in a family to enjoy sight-seeing its rich flora and fauna and enchanting natural landscapes. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Most of the hotels and restaurants in Sauraha that were shut down after the outbreak of COVID-19 pandemic have begun their operation, informed the campaign coordinator Suman Ghimire. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Ghimire said that plans were afoot to launch the campaign nationwide. Restaurant and Bar Association Sauraha’s President Dipendra Khatiwada added that the arrival of tourists in Sauraha during the holidays remains higher while their arrival during the working days is also satisfactory. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Sauraha, situated close to Rapti River and the Chitwan National Park, is one of the major tourism destinations in the country that offers multitude of activities for the tourists such as jungle safari either in a jeep or on elephant, bird watching, canoe ride, elephant baths, sunrise and sunset viewing, boating and cultural events among others. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12756', 'image' => '20210202121548_20190415022754_aaa.jpg', 'article_date' => '2021-02-02 12:15:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13009', 'article_category_id' => '1', 'title' => 'Government Sets Up Bird Flu Control Room', 'sub_title' => '', 'summary' => 'February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Department of Livestock Services on Friday confirmed bird flu among the turkeys, ducks and quails after a sample test at ward-7 of the municipality. The bird flu control room was formed under the leadership of Damayanti Shrestha, acting director general of the department, on the same day.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department informed that the control room will coordinate with various government bodies including the Nepal Agriculture Research Council, National Public Health Laboratory and the Epidemiology and Disease Control Division. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Information Officer of the department Dr Chandra Dhakal said that the control room is currently working to prevent the disease from spreading in other areas. Dhakal claimed that the department has already succeeded in curbing the disease in Tarkeshwar Municipality.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department has banned poultry farming and animal husbandry in the municipality for the next three months. The control room is preparing to mobilize teams across the country in coordination with the provincial and local governments.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12755', 'image' => '20210202120856_A3 Poster or Handout_Bird Flu Mar 2020 (upload)-400 2.JPG', 'article_date' => '2021-02-02 12:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '13008', 'article_category_id' => '1', 'title' => 'Central Bank Prepares Draft to Regulate Transactions through QR Code ', 'sub_title' => '', 'summary' => 'February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country. Although the quick response (QR) code is already in use in the market, the central bank is yet to come up with a policy to regulate its use.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">NRB was under pressure from Banks and Financial Institutions (BFIs) and payment service providers to regulate QR code, which is in use since the last three years. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Executive Director of the Payments Department of Nepal Rastra Bank Bhuvan Knadel says the central bank has given special attention to QR code while promoting electronic payment system.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that the draft has been prepared in line with international standard and practices.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We have prepared the QR Code Framework and Guideline and opened the floor for discussion. We are seeking feedbacks from concerned stakeholders including service providers, bank and merchants as well as customers,” said Kandel.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We are receiving suggestions from some sectors and are still waiting for more feedbacks. The draft will be finalized after collecting feedbacks,” added Kandel. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has a provision that the service providers cannot charge customers for the use of QR Code. However, the service providers can fix a certain charge in the future and the central bank can fix a ceiling, according to the proposed draft. Executive Director Kandel said that such measures were considered so that the customers would not get cheated while also keeping in view that the market trend would not be disrupted.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has also outlined the need to ensure security measures for the electronic transaction.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12754', 'image' => '20210201044333_1612137905.jpg', 'article_date' => '2021-02-01 16:42:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13007', 'article_category_id' => '266', 'title' => 'AVO joins hands with Aakansha Creation to create jobs for displaced women in Sindhupalchowk', 'sub_title' => '', 'summary' => 'February 1: Nepal AVO and Aakansha Creation have signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman"">February 1: </span></span><span style="font-family:Georgia">Nepal AVO and Aakansha Creation have </span><span style="font-family:Georgia">signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. Aakansha Creation’s Tekka Initiatives, a social campaign of the company, will lead the project in collaboration with the local ward office. The campaign will organize trainings for the displaced women on making soft toys. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The materials used for making the soft toys and the training will be provided free of cost, the organisers said in a joint statement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“Once the training is completed, they will be provided an opportunity for employment to produce soft toys for AVO Nepal. The concept is build with an aim of improving the livelihood of displaced women and helping them become economically independent. These toys will be sold via different outlets throughout Nepal, India and Japan,” the statement added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“It’s our absolute pleasure to collaborate with Tekka Initiative to start something inspiring,” said the Co-Founder and Director of AVO Nepal Sudixya Adhikari, adding, “Our company is focused on promoting Nepali Avocado and its various sub-categories of products. To launch our brand with soft toys is not only a part of our business strategy but also our intention to help marginalized communities, especially women. We were looking for a company that worked with women and found Tekka Initiative as a perfect match for our objective”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The Managing Director of Aakansha Creation said, “We plan to offer training on crochet and supply materials free of cost. Once they complete the training, we will use their skills to manufacture soft toys with an intention to provide jobs to at-least 100 women in the next six months”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">Battered by a series of natural disasters in July and August that caused huge loss to life and property, Sindhupalchowk was declared a crisis-hit region by the government on 24 September, 2020, the statement further said. The government is reortedly planning to reconstruct the disaster-ravaged physical infrastructure in the district with the assistance of World Bank.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12753', 'image' => '20210201032146_Pic Signing Cer.jpg', 'article_date' => '2021-02-01 15:20:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13006', 'article_category_id' => '1', 'title' => 'PM Oli Inaugurated Nepal’s Largest Substation', 'sub_title' => '', 'summary' => 'February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1. It is the first substation of 400 KV in Nepal and also the biggest in the country.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Dhanusha-based substation was set up by the Nepal Electricity Authority with an investment of 224.3 million. The state-owned NEA had awarded the contract to build the substation to Linxon India Private Limited (formerly ABB India Limited) in December 2017.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has three 315 MVA transformers and nine GIS line way. The nine GIS lines have been fixed for the transmission of electricity to and from Hetauda, Inaruwa and Muzaffarpur. The substation also has six GIS transformers and reactors.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has a capacity to exchange 1000 megawatts of electricity between Nepal and India via Muzaffarpur transmission line. Similarly, it has the capacity to exchange 2000 megawatts of electricity with Hetauda and Inaruwa transmission lines each, according to NEA.</span></span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12752', 'image' => '20210201014119_1612137114.Clipboard24.jpg', 'article_date' => '2021-02-01 13:40:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '13005', 'article_category_id' => '1', 'title' => 'Export of Soybean Oil up by 290 Percent', 'sub_title' => '', 'summary' => 'February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. According to the Trade and Export Promotion Centre (TEPC), Nepal exported soybean oil worth Rs 17 billion during the review period. The export of soybean oil during the corresponding period of last fiscal year was worth Rs 4 billion.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In the review period, palm oil – which was Nepal’s top export product last year – dropped to 27<sup>th</sup> position among the items exported by Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The country had exported palm oil worth Rs 13.89 billion in the first six months of the current fiscal year but the export dropped to Rs 400,000 in the current fiscal year after India banned the import of palm oil. India is the main market for palm oil and soybean oil produced in Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Nepali businessmen used to import unrefined palm oil from third countries and then the finished produce used to be exported to India. The businessmen have shifted their focus toward soybean oil after India banned palm oil.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“Industries are gradually reopening as the situation is normalizing after Covid-19 and lockdown,” said industrialist Pradeep Muraraka, adding, “After the ban on palm oil, there has been an increase in demand for soybean oil. We have shifted our focus on production of soybean oil.”</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Wool, black cardamom, carpet, jute, readymade garments, tea are among the major export products of Nepal after soybean oil, according to Krishna Bajgain, senior officer at TEPC.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12751', 'image' => '20210201123822_1612135819.Clipboard21.jpg', 'article_date' => '2021-02-01 12:37:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13004', 'article_category_id' => '1', 'title' => 'Price of Chicken Drops after Emergence of Bird Flu in Capital', 'sub_title' => '', 'summary' => 'February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital. The Department of Livestock on Saturday had confirmed bird flu in a poultry farm in Sanglekhola of Tarkeshwar Municipality in the northern outskirts of Kathmandu. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The price of chicken had gradually increased to as much as Rs 370 per kilogram after the lockdown was lifted. The price has dropped to Rs 350 per kg after bird flu was reported on Saturday, January 30.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">However, the Meat Entrepreneurs Association of Nepal says that bird flu alone is not the reason in falling price of chicken. Chairman of the association Jung Bahadur BC says chicken have not been infected so far and therefor urged the consumers not to panic. According to him, the government has confirmed bird flu among ducks, turkeys and quails but not among chicken.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Meanwhile, poultry farmers have become worried due to the emergence of bird flu when their business was finally picking up pace after suffering for a long time due to the impact of coronavirus and lockdown.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">On the other hand, government authorities have sealed the infected area to prevent the virus from spreading.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Bird flu was detected in different places of India last month and the government had made all possible efforts to prevent the disease from entering Nepal. As the virus has already been detected in Nepal, the department has urged everyone involved in poultry business to transport chicken and other avian animals only after getting certificates from the concerned government bodies.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12750', 'image' => '20210201121610_index.jpg', 'article_date' => '2021-02-01 12:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13002', 'article_category_id' => '1', 'title' => 'President Bhandari Pledges to Resolve Problems Faced by Women Entrepreneurs', 'sub_title' => '', 'summary' => 'January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria">January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">During a meeting with the winners of Nubiz Business Women Summit and Awards 2021 on Saturday (January 30), President Bhandari told the women entrepreneurs to share their problems in written form and she would take necessary measures in coordination with the government to resolve those problems.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“There is a big challenge for women to become entrepreneurs. I understand this clearly. Women should not lose confidence. The government is there to support women entrepreneurs with various programmes,” said President Bhandari.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“I will take the initiative to resolve the problems faced by women entrepreneurs,” she added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">The president also thanked New Business Age for organising the summit and training to women entrepreneurs from across the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">Finance Minister Bishnu Poudel had inaugurated the summit and awards ceremony on Friday (January 29). During the inauguration, Minister Poudel had expressed government’s commitment to promote women entrepreneurship in the country. The awards ceremony was initially scheduled for March last year but was pushed back due to the Covid-19 pandemic.</span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12749', 'image' => '20210131083603__J4A1895 - Copy.JPG', 'article_date' => '2021-01-31 12:34:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13003', 'article_category_id' => '1', 'title' => 'India’s SJVN Limited Selected for Arun Hydropower Project Development ', 'sub_title' => '', 'summary' => 'January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. ', 'content' => '<p><em>This file photo shared by SJVN Limited on its Facebook page shows PM KP Sharma Oli with SJVN Chairman Nanda Lal Sharma (right). A meeting of the Investment Board chaired by PM Oli has selected SJVN for project framework development of Lower Arun Hydropower Project.</em></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework, according to the state-owned national news agency, RSS. A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">RSS further stated that the selection was made on the basis of an assessment of the companies listed through international bidding. The 679-MW project will be based in Sankhuwasabha and Bhojpur districts. The project was proposed before international investors during the Nepal Investment Summit held in Kathmandu in 2019. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">During Friday’s meeting, Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects needs to be implemented on time, according to IBN spokesperson Dharmendra Kumar Mishra. </span><br /> <span style="font-family:"Arial Unicode MS""> Meanwhile the meeting decided to invite as experts to the Board Rajesh Kaji Shrestha, Hari Bhakta Sharma and Bhawani Rana, and Bal Krishna Shiwakoti as members. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12748', 'image' => '20210131022048_143465423_1552556748264906_5756472219190650236_n.jpg', 'article_date' => '2021-01-31 14:17:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '13001', 'article_category_id' => '1', 'title' => 'Bird Flu Detected in Kathmandu ', 'sub_title' => '', 'summary' => 'January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS"">According to the state-run news agency, RSS, the municipality's Livestock Division Chief Dhanipat Roy shared that 1865 ducks, 622 quail birds, 32 chicks, 25 turkeys, 542 eggs and 75-kg feed were destroyed and disposed off after the confirmation of bird flu. </span><br /> <span style="font-family:"Arial Unicode MS"">Poultry firms of local farmers have been sealed off with the assistance of a joint team of Nepal government's Department of Health Services, Department of Livestock and Tarakeswor Municipality's health section after the detection of the flu, RSS further reported. </span><br /> <span style="font-family:"Arial Unicode MS"">In view of the fear of the outbreak, the samples of poultry products from other firms have been sent for test, RSS quoted the municipality sources as saying. </span><br /> <span style="font-family:"Arial Unicode MS"">Division Chief Roy reportedly informed that the bird flu affected areas have been disinfected with sprays. </span></span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12747', 'image' => '20210131120553_Avian-influenza-word-cloud.jpg', 'article_date' => '2021-01-31 12:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13000', 'article_category_id' => '1', 'title' => 'NewBiz Celebrates Women Entrepreneurship Excellence', 'sub_title' => '12 Women Felicitated for their contributions to entrepreneurship in the country', 'summary' => 'January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29.', 'content' => '<p>January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29. In the event, which was originally scheduled for March last year and was postponed due to the Covid-19 pandemic, working and entrepreneurial women of Nepal were honoured in various categories selected by independent panels of jury for their excellence in respective areas. Shanta Baskota Koirala, managing director of Kanchanjangha Tea Estate, was felicitated with the 'Women Entrepreneur of the Year 2021' award. Similarly, Shreejana Rana was honoured with the 'Business Women of the Year 2021' award, while Urmila Shrestha, CEO of Salt Trading Corporation Limited, received the 'Influential Business Women of the Year 2021' award. Similarly, Vidushi Rana, director of branding and business development at Kiran Shoes Manufactures was felicitated with the 'Charismatic Business Women of the Year 2021' award. Veteran hotelier Maharajkumari Rama Rana Malla, Chairperson of The Malla Hotel was honoured with the Lifetime Achievement Award for her four decades of contributions to the Nepali business sector. Malla, whose business portfolio includes a five-star property, a resort and a tour agency, is also a dedicated philanthropist who is still active even at the age of 75.</p> <p>Likewise, seven women entrepreneurs, one each from the seven provinces of the country, were honoured under the category 'Emerging Enterprising Women of the Year 2021'. Champa Nepal, proprietor of Champa Shoe Center and Training, Biratnagar (Province 1), Trishna Singh Bhandari, owner of Mithila House Pvt Ltd, Birgunj (Province 2), Chandrakala Baskota, owner of Rijal Plastic Udhyog, Bhaktapur (Bagmati Province), Ramkali Khadka, founder of Women’s Skills Development Center, Pokhara (Gandaki Province), Chitra Kali Budhamagar, owner of Kothi Himal Allo Kapada Udhyog, Pyuthan (Lumbini Province), Heema Kumari Upadhyay, owner of Bhawani Chhapakhana, Surkhet (Karnali Province) and Heera Bhandari, managing director of B Polytechnic Institute, Dhangadhi (Sudurpaschim Province) were awarded. The event comprised of two parts; the first part of the programme was completed last year but the final part was postponed due to the pandemic. Under the first part, full day training programmmes for business women from different parts of the country were organised on entrepreneurship and financial literacy at ten different centres of the country - Biratnagar, Birtamode, Birgunj, Janakpur, Hetauda, Narayangarh, Butwal, Surkhet, Dhangadhi and Pokhara. The programmes were participated by about 2,000 people. In these programmes the women entrepreneurs also had opportunity to interact with the representatives of various banks and financial institutions operating in those locations, the representatives of the regulating authorities concerned with business sectors and representatives of local government bodies. These programmes were highly successful based on the feedback the participants shared. The second and final part of the event, which was held at Radisson Hotel Kathmandu, comprised of two parts. Under the first part of the final programme, Women’s Summit was held in which leading business women and professionals from various sectors participated in a panel discussion titled ‘Promoting Women Entrepreneurship: Policies and Practices’ with another part being the awards distribution ceremony. The event was organised following the health safety guidelines as the pandemic situation is yet to come under total control. </p> <p>Standard Chartered Bank Nepal was Title Sponsor of the programme. The programme, which was held in association with Muktinath Bikas Bank, had Star Hospital as Medical Partner. The event had Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Nepal Rastra Bank (NRB) as Associate Partners. Likewise, Nimbus Group (Byanjan), Sitaram Gokul Milks, Progressive Finance, Reliable Life Insurance, General Insurance, Merigold Jewellers and Agni Group also supported the event. Also supporting were the 10 district chambers of commerce and industry. DishHome was the official TV platform of the event.<br /> </p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12746', 'image' => '20210131083539__DSC3719.JPG', 'article_date' => '2021-01-29 18:15:54', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ), (int) 14 => array( 'Article' => array( 'id' => '12999', 'article_category_id' => '1', 'title' => ''Newbiz Business Women Summit & Awards 2021' kicks off', 'sub_title' => ' Finance Minister Paudel vows to promote and support women entrepreneurs', 'summary' => 'January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.', 'content' => '<p>January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.</p> <p>Addressing the inaugural ceremony of the 'Newbiz Business Women Summit & Awards 2021', Finance Minister Paudel said that women empowerment was necessary to foster entrepreneurship among women.</p> <p>"The constitution is progressive in terms of gender equality. However, we have to focus on to make women feel that there is no gender discrimination, they are equal to men and their potential and capacity are realized," said Finance Minister Paudel.</p> <p>Finance Minister Paudel also expressed the government's commitment to promote and facilitate women entrepreneurs that ultimately help in achieving economic prosperity of the country.</p> <p>New Business Age Pvt Ltd, the publisher of Arthik Abhiyan Daily and New Business Age, in collaboration with Standard Chartered organized the summit and award ceremony.</p> <p>Speaking at the inaugural ceremony, Madan Lamsal, Chairman of New Business Age Pvt Ltd, said that the initiative was aimed at honoring women entrepreneurs who have continued to pursue their businesses by overcoming all odds and adverse business conditions in the country.</p> <p>Zarin Daruwala, Cluster CEO India and Chairperson of Standard Charted Bank Nepal Ltd, said that easier access to finance, better tech connectivity and easier market access would help in scaling up women entrepreneurship.</p> <p>According to Daruwala, Standard Chartered Bank Nepal has observed nearly 16 folds increase in women entrepreneurship loans in 2020 compared to 2019 in line with the Nepal Rastra Bank's directed sector lending program.</p> <p>Also speaking at the inaugural ceremony, Bhawani Rana, Immediate Past President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that women have made a remarkable progress in economic and business sectors in last two decades. "There are still many challenges that women entrepreneurs are facing in our patriarchal society. The government must take a lead role in helping women entrepreneurs to overcome these challenges," she added.</p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12745', 'image' => '20210131083813__DSC3489.JPG', 'article_date' => '2021-01-29 17:57:45', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">With the latest rise on February 2, the NEPSE has bounced to reach 2,500 points. According to the NEPSE, the stock market has touched 2,473.73 points with a gain of 65.49 points on Tuesday (February 2) alone. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Likewise, the sensitive index, which measures share transaction of big companies, has also gained 14.10 points to reach 451.38 points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Along with the rise in NEPSE index, the traded amount has also witnessed increment. Total volume of shares traded on Tuesday were over Rs 8.59 billion. Shares of 200 companies were traded, NEPSE sources said. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The share market capitalization has reached Rs 3300 billion with the latest increment. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-03', 'modified' => '2021-02-03', 'keywords' => '', 'description' => '', 'sortorder' => '12759', 'image' => '20210203112246_20200224104313_aaaaaaaaa.jpg', 'article_date' => '2021-02-03 11:22:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13012', 'article_category_id' => '266', 'title' => 'WorldLink to Build Data Centres in All 7 Provinces', 'sub_title' => '', 'summary' => 'February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. The internet service provider said that the IDCs are being set up to support the government’s vision of ‘Digital Nepal’ and to provide better experience to its customers at a time when the internet traffic is “increasing” at an unprecedented pace.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“The growth of Internet traffic worldwide is increasing at an unprecedented pace putting pressure on the Internet infrastructure and worsening user experience and internet speed,” said WorldLink in a statement, adding, “For better Internet experience therefore, there is a need to have servers locally, to store the content as near as possible to the users.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">According to the company, Nepal is also witnessing exponential growth in internet traffic with robust growth in the use of digital services. The company added that the government and private sector organizations have to quickly adapt to advanced digital technologies and move to cloud services at a higher pace than anticipated before.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Therefore, the company said it decided to set up the data centres across the country to meet this requirement. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Out of the proposed 14 data centres, the Kathmandu data centre will be the largest and internationally accredited, adds the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri"> “All the data centres will be with carrier neutral, meaning this facility will not only facilitate WorldLink’s infrastructure but will also facilitate other ISPs, Telecoms, government and private organizations for the entire Nepal ICT infrastructure.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">WorldLink stated that the company is planning to invest around Rs 3000 millin over the next three years to build these data centers. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“Our motive is to give quality internet service to our customers and help in building a Digital Nepal. With these DC facilities everyone will get internet content faster, cheaper and at a more reliable mode,” added the statement. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12758', 'image' => '20210202031651_data-center-in-Nepal-702x459.jpg', 'article_date' => '2021-02-02 15:16:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13011', 'article_category_id' => '1', 'title' => 'SJVN Limited to Export 79 Percent Electricity to India, Nepal to get 21 Percent Free of Cost', 'sub_title' => '', 'summary' => 'February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Indian company will be exporting 536.41 megawatts of electricity to India once the project starts generating electricity. Nepal will be getting 21 percent of electricity (146.37 megawatts) generated by the project free of cost. The company had included such clauses while submitting proposal for the project. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Following the selection of SJVN Limited, the total number of hydropower projects developed for exporting electricity from Nepal has now reached three. Other such projects include 900-megawatt Arun III Hydropower Project, which is also being developed by SJVN Limited, and 900-megawatt Upper Karnali Hydropower Project which is undertaken by India’s GMR Company. Both of these companies will be exporting electricity to India after providing a certain amount of electricity free of cost to Nepal. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Nepal will receive 21.88 percent electricity from the Lower Arun III and 12 percent electricity from Upper Karnali.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Investment Board Nepal had last week selected SJVN Limited for the framework development of Lower Arun Hydropower Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">SJVN Limited’s competitor from China had proposed providing 25 percent free electricity to Nepal. However, SJVN scored more points in overall criteria set by the government and therefore the project was handed over to the Indian company, the board informed New Business Age. A high-ranking source at the Ministry of Energy said on condition of anonymity that SJVN Limited scored three points more than the Chinese company.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“We didn’t evaluate the proposals only on the basis of free electricity offer. SJNV scored more points while evaluating all the criteria set by the government,” said the source, adding that the Chinese company scored 80 points while the Indian company scored 83 points.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The company’s proposal has already been approved by the Government of Nepal after it was selected for project framework development. However, there are possibilities of amending the proposal of the Indian company while signing the project development agreement (PDA).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Firstly, the board will sign an agreement with the company for project framework development. Then the board will give survey license and then the permission for construction of the project, which will be followed by PDA between the company and the government.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">IBN Spokesperson Dharmendra Kumar Mishra said that the two sides can negotiate on the proposal made by the company before signing the PDA.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“Both sides will hold discussions on the proposal made by the company before signing the PDA. The proposal can be amended in this process,” said Mishra.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12757', 'image' => '20210202021045_20150823012330_ep1.jpg', 'article_date' => '2021-02-02 14:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '13010', 'article_category_id' => '1', 'title' => '50 Percent Hotel Occupancy in Sauraha following New Year Campaign', 'sub_title' => '‘Let's Go to Sauraha’ Campaign Brings Tourists in Hordes', 'summary' => 'February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Over 50 per cent of hotels in Sauraha remain occupied during the weekend while over 140 small and big hotels and around 50 restaurants in Sauraha see 40 per cent occupancy during the working days lately, informed Regional Hotel Association Chitwan’s President Deepak Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The local tourism entrepreneurs had targeted major city areas in Province No 2 and Bagmati Province for the campaign besides marketing it in Biratnagar and Dharan among other major cities in Province No 1, shared Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The promotional campaign that was supported by the Tourism Board of Nepal and local units as well as attractive discount scheme in services (20 to 40 per cent) offered by the hotels and restaurants managed to bring in encouraging number of domestic tourists in Sauraha. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">According to Bhattarai, before the outbreak of COVID-19, mostly students were seen coming in Sauraha but lately people visit Sauraha as a couple or in a family to enjoy sight-seeing its rich flora and fauna and enchanting natural landscapes. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Most of the hotels and restaurants in Sauraha that were shut down after the outbreak of COVID-19 pandemic have begun their operation, informed the campaign coordinator Suman Ghimire. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Ghimire said that plans were afoot to launch the campaign nationwide. Restaurant and Bar Association Sauraha’s President Dipendra Khatiwada added that the arrival of tourists in Sauraha during the holidays remains higher while their arrival during the working days is also satisfactory. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Sauraha, situated close to Rapti River and the Chitwan National Park, is one of the major tourism destinations in the country that offers multitude of activities for the tourists such as jungle safari either in a jeep or on elephant, bird watching, canoe ride, elephant baths, sunrise and sunset viewing, boating and cultural events among others. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12756', 'image' => '20210202121548_20190415022754_aaa.jpg', 'article_date' => '2021-02-02 12:15:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13009', 'article_category_id' => '1', 'title' => 'Government Sets Up Bird Flu Control Room', 'sub_title' => '', 'summary' => 'February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Department of Livestock Services on Friday confirmed bird flu among the turkeys, ducks and quails after a sample test at ward-7 of the municipality. The bird flu control room was formed under the leadership of Damayanti Shrestha, acting director general of the department, on the same day.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department informed that the control room will coordinate with various government bodies including the Nepal Agriculture Research Council, National Public Health Laboratory and the Epidemiology and Disease Control Division. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Information Officer of the department Dr Chandra Dhakal said that the control room is currently working to prevent the disease from spreading in other areas. Dhakal claimed that the department has already succeeded in curbing the disease in Tarkeshwar Municipality.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department has banned poultry farming and animal husbandry in the municipality for the next three months. The control room is preparing to mobilize teams across the country in coordination with the provincial and local governments.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12755', 'image' => '20210202120856_A3 Poster or Handout_Bird Flu Mar 2020 (upload)-400 2.JPG', 'article_date' => '2021-02-02 12:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '13008', 'article_category_id' => '1', 'title' => 'Central Bank Prepares Draft to Regulate Transactions through QR Code ', 'sub_title' => '', 'summary' => 'February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country. Although the quick response (QR) code is already in use in the market, the central bank is yet to come up with a policy to regulate its use.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">NRB was under pressure from Banks and Financial Institutions (BFIs) and payment service providers to regulate QR code, which is in use since the last three years. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Executive Director of the Payments Department of Nepal Rastra Bank Bhuvan Knadel says the central bank has given special attention to QR code while promoting electronic payment system.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that the draft has been prepared in line with international standard and practices.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We have prepared the QR Code Framework and Guideline and opened the floor for discussion. We are seeking feedbacks from concerned stakeholders including service providers, bank and merchants as well as customers,” said Kandel.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We are receiving suggestions from some sectors and are still waiting for more feedbacks. The draft will be finalized after collecting feedbacks,” added Kandel. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has a provision that the service providers cannot charge customers for the use of QR Code. However, the service providers can fix a certain charge in the future and the central bank can fix a ceiling, according to the proposed draft. Executive Director Kandel said that such measures were considered so that the customers would not get cheated while also keeping in view that the market trend would not be disrupted.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has also outlined the need to ensure security measures for the electronic transaction.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12754', 'image' => '20210201044333_1612137905.jpg', 'article_date' => '2021-02-01 16:42:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13007', 'article_category_id' => '266', 'title' => 'AVO joins hands with Aakansha Creation to create jobs for displaced women in Sindhupalchowk', 'sub_title' => '', 'summary' => 'February 1: Nepal AVO and Aakansha Creation have signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman"">February 1: </span></span><span style="font-family:Georgia">Nepal AVO and Aakansha Creation have </span><span style="font-family:Georgia">signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. Aakansha Creation’s Tekka Initiatives, a social campaign of the company, will lead the project in collaboration with the local ward office. The campaign will organize trainings for the displaced women on making soft toys. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The materials used for making the soft toys and the training will be provided free of cost, the organisers said in a joint statement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“Once the training is completed, they will be provided an opportunity for employment to produce soft toys for AVO Nepal. The concept is build with an aim of improving the livelihood of displaced women and helping them become economically independent. These toys will be sold via different outlets throughout Nepal, India and Japan,” the statement added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“It’s our absolute pleasure to collaborate with Tekka Initiative to start something inspiring,” said the Co-Founder and Director of AVO Nepal Sudixya Adhikari, adding, “Our company is focused on promoting Nepali Avocado and its various sub-categories of products. To launch our brand with soft toys is not only a part of our business strategy but also our intention to help marginalized communities, especially women. We were looking for a company that worked with women and found Tekka Initiative as a perfect match for our objective”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The Managing Director of Aakansha Creation said, “We plan to offer training on crochet and supply materials free of cost. Once they complete the training, we will use their skills to manufacture soft toys with an intention to provide jobs to at-least 100 women in the next six months”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">Battered by a series of natural disasters in July and August that caused huge loss to life and property, Sindhupalchowk was declared a crisis-hit region by the government on 24 September, 2020, the statement further said. The government is reortedly planning to reconstruct the disaster-ravaged physical infrastructure in the district with the assistance of World Bank.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12753', 'image' => '20210201032146_Pic Signing Cer.jpg', 'article_date' => '2021-02-01 15:20:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13006', 'article_category_id' => '1', 'title' => 'PM Oli Inaugurated Nepal’s Largest Substation', 'sub_title' => '', 'summary' => 'February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1. It is the first substation of 400 KV in Nepal and also the biggest in the country.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Dhanusha-based substation was set up by the Nepal Electricity Authority with an investment of 224.3 million. The state-owned NEA had awarded the contract to build the substation to Linxon India Private Limited (formerly ABB India Limited) in December 2017.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has three 315 MVA transformers and nine GIS line way. The nine GIS lines have been fixed for the transmission of electricity to and from Hetauda, Inaruwa and Muzaffarpur. The substation also has six GIS transformers and reactors.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has a capacity to exchange 1000 megawatts of electricity between Nepal and India via Muzaffarpur transmission line. Similarly, it has the capacity to exchange 2000 megawatts of electricity with Hetauda and Inaruwa transmission lines each, according to NEA.</span></span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12752', 'image' => '20210201014119_1612137114.Clipboard24.jpg', 'article_date' => '2021-02-01 13:40:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '13005', 'article_category_id' => '1', 'title' => 'Export of Soybean Oil up by 290 Percent', 'sub_title' => '', 'summary' => 'February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. According to the Trade and Export Promotion Centre (TEPC), Nepal exported soybean oil worth Rs 17 billion during the review period. The export of soybean oil during the corresponding period of last fiscal year was worth Rs 4 billion.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In the review period, palm oil – which was Nepal’s top export product last year – dropped to 27<sup>th</sup> position among the items exported by Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The country had exported palm oil worth Rs 13.89 billion in the first six months of the current fiscal year but the export dropped to Rs 400,000 in the current fiscal year after India banned the import of palm oil. India is the main market for palm oil and soybean oil produced in Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Nepali businessmen used to import unrefined palm oil from third countries and then the finished produce used to be exported to India. The businessmen have shifted their focus toward soybean oil after India banned palm oil.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“Industries are gradually reopening as the situation is normalizing after Covid-19 and lockdown,” said industrialist Pradeep Muraraka, adding, “After the ban on palm oil, there has been an increase in demand for soybean oil. We have shifted our focus on production of soybean oil.”</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Wool, black cardamom, carpet, jute, readymade garments, tea are among the major export products of Nepal after soybean oil, according to Krishna Bajgain, senior officer at TEPC.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12751', 'image' => '20210201123822_1612135819.Clipboard21.jpg', 'article_date' => '2021-02-01 12:37:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13004', 'article_category_id' => '1', 'title' => 'Price of Chicken Drops after Emergence of Bird Flu in Capital', 'sub_title' => '', 'summary' => 'February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital. The Department of Livestock on Saturday had confirmed bird flu in a poultry farm in Sanglekhola of Tarkeshwar Municipality in the northern outskirts of Kathmandu. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The price of chicken had gradually increased to as much as Rs 370 per kilogram after the lockdown was lifted. The price has dropped to Rs 350 per kg after bird flu was reported on Saturday, January 30.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">However, the Meat Entrepreneurs Association of Nepal says that bird flu alone is not the reason in falling price of chicken. Chairman of the association Jung Bahadur BC says chicken have not been infected so far and therefor urged the consumers not to panic. According to him, the government has confirmed bird flu among ducks, turkeys and quails but not among chicken.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Meanwhile, poultry farmers have become worried due to the emergence of bird flu when their business was finally picking up pace after suffering for a long time due to the impact of coronavirus and lockdown.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">On the other hand, government authorities have sealed the infected area to prevent the virus from spreading.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Bird flu was detected in different places of India last month and the government had made all possible efforts to prevent the disease from entering Nepal. As the virus has already been detected in Nepal, the department has urged everyone involved in poultry business to transport chicken and other avian animals only after getting certificates from the concerned government bodies.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12750', 'image' => '20210201121610_index.jpg', 'article_date' => '2021-02-01 12:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13002', 'article_category_id' => '1', 'title' => 'President Bhandari Pledges to Resolve Problems Faced by Women Entrepreneurs', 'sub_title' => '', 'summary' => 'January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria">January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">During a meeting with the winners of Nubiz Business Women Summit and Awards 2021 on Saturday (January 30), President Bhandari told the women entrepreneurs to share their problems in written form and she would take necessary measures in coordination with the government to resolve those problems.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“There is a big challenge for women to become entrepreneurs. I understand this clearly. Women should not lose confidence. The government is there to support women entrepreneurs with various programmes,” said President Bhandari.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“I will take the initiative to resolve the problems faced by women entrepreneurs,” she added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">The president also thanked New Business Age for organising the summit and training to women entrepreneurs from across the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">Finance Minister Bishnu Poudel had inaugurated the summit and awards ceremony on Friday (January 29). During the inauguration, Minister Poudel had expressed government’s commitment to promote women entrepreneurship in the country. The awards ceremony was initially scheduled for March last year but was pushed back due to the Covid-19 pandemic.</span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12749', 'image' => '20210131083603__J4A1895 - Copy.JPG', 'article_date' => '2021-01-31 12:34:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13003', 'article_category_id' => '1', 'title' => 'India’s SJVN Limited Selected for Arun Hydropower Project Development ', 'sub_title' => '', 'summary' => 'January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. ', 'content' => '<p><em>This file photo shared by SJVN Limited on its Facebook page shows PM KP Sharma Oli with SJVN Chairman Nanda Lal Sharma (right). A meeting of the Investment Board chaired by PM Oli has selected SJVN for project framework development of Lower Arun Hydropower Project.</em></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework, according to the state-owned national news agency, RSS. A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">RSS further stated that the selection was made on the basis of an assessment of the companies listed through international bidding. The 679-MW project will be based in Sankhuwasabha and Bhojpur districts. The project was proposed before international investors during the Nepal Investment Summit held in Kathmandu in 2019. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">During Friday’s meeting, Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects needs to be implemented on time, according to IBN spokesperson Dharmendra Kumar Mishra. </span><br /> <span style="font-family:"Arial Unicode MS""> Meanwhile the meeting decided to invite as experts to the Board Rajesh Kaji Shrestha, Hari Bhakta Sharma and Bhawani Rana, and Bal Krishna Shiwakoti as members. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12748', 'image' => '20210131022048_143465423_1552556748264906_5756472219190650236_n.jpg', 'article_date' => '2021-01-31 14:17:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '13001', 'article_category_id' => '1', 'title' => 'Bird Flu Detected in Kathmandu ', 'sub_title' => '', 'summary' => 'January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS"">According to the state-run news agency, RSS, the municipality's Livestock Division Chief Dhanipat Roy shared that 1865 ducks, 622 quail birds, 32 chicks, 25 turkeys, 542 eggs and 75-kg feed were destroyed and disposed off after the confirmation of bird flu. </span><br /> <span style="font-family:"Arial Unicode MS"">Poultry firms of local farmers have been sealed off with the assistance of a joint team of Nepal government's Department of Health Services, Department of Livestock and Tarakeswor Municipality's health section after the detection of the flu, RSS further reported. </span><br /> <span style="font-family:"Arial Unicode MS"">In view of the fear of the outbreak, the samples of poultry products from other firms have been sent for test, RSS quoted the municipality sources as saying. </span><br /> <span style="font-family:"Arial Unicode MS"">Division Chief Roy reportedly informed that the bird flu affected areas have been disinfected with sprays. </span></span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12747', 'image' => '20210131120553_Avian-influenza-word-cloud.jpg', 'article_date' => '2021-01-31 12:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13000', 'article_category_id' => '1', 'title' => 'NewBiz Celebrates Women Entrepreneurship Excellence', 'sub_title' => '12 Women Felicitated for their contributions to entrepreneurship in the country', 'summary' => 'January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29.', 'content' => '<p>January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29. In the event, which was originally scheduled for March last year and was postponed due to the Covid-19 pandemic, working and entrepreneurial women of Nepal were honoured in various categories selected by independent panels of jury for their excellence in respective areas. Shanta Baskota Koirala, managing director of Kanchanjangha Tea Estate, was felicitated with the 'Women Entrepreneur of the Year 2021' award. Similarly, Shreejana Rana was honoured with the 'Business Women of the Year 2021' award, while Urmila Shrestha, CEO of Salt Trading Corporation Limited, received the 'Influential Business Women of the Year 2021' award. Similarly, Vidushi Rana, director of branding and business development at Kiran Shoes Manufactures was felicitated with the 'Charismatic Business Women of the Year 2021' award. Veteran hotelier Maharajkumari Rama Rana Malla, Chairperson of The Malla Hotel was honoured with the Lifetime Achievement Award for her four decades of contributions to the Nepali business sector. Malla, whose business portfolio includes a five-star property, a resort and a tour agency, is also a dedicated philanthropist who is still active even at the age of 75.</p> <p>Likewise, seven women entrepreneurs, one each from the seven provinces of the country, were honoured under the category 'Emerging Enterprising Women of the Year 2021'. Champa Nepal, proprietor of Champa Shoe Center and Training, Biratnagar (Province 1), Trishna Singh Bhandari, owner of Mithila House Pvt Ltd, Birgunj (Province 2), Chandrakala Baskota, owner of Rijal Plastic Udhyog, Bhaktapur (Bagmati Province), Ramkali Khadka, founder of Women’s Skills Development Center, Pokhara (Gandaki Province), Chitra Kali Budhamagar, owner of Kothi Himal Allo Kapada Udhyog, Pyuthan (Lumbini Province), Heema Kumari Upadhyay, owner of Bhawani Chhapakhana, Surkhet (Karnali Province) and Heera Bhandari, managing director of B Polytechnic Institute, Dhangadhi (Sudurpaschim Province) were awarded. The event comprised of two parts; the first part of the programme was completed last year but the final part was postponed due to the pandemic. Under the first part, full day training programmmes for business women from different parts of the country were organised on entrepreneurship and financial literacy at ten different centres of the country - Biratnagar, Birtamode, Birgunj, Janakpur, Hetauda, Narayangarh, Butwal, Surkhet, Dhangadhi and Pokhara. The programmes were participated by about 2,000 people. In these programmes the women entrepreneurs also had opportunity to interact with the representatives of various banks and financial institutions operating in those locations, the representatives of the regulating authorities concerned with business sectors and representatives of local government bodies. These programmes were highly successful based on the feedback the participants shared. The second and final part of the event, which was held at Radisson Hotel Kathmandu, comprised of two parts. Under the first part of the final programme, Women’s Summit was held in which leading business women and professionals from various sectors participated in a panel discussion titled ‘Promoting Women Entrepreneurship: Policies and Practices’ with another part being the awards distribution ceremony. The event was organised following the health safety guidelines as the pandemic situation is yet to come under total control. </p> <p>Standard Chartered Bank Nepal was Title Sponsor of the programme. The programme, which was held in association with Muktinath Bikas Bank, had Star Hospital as Medical Partner. The event had Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Nepal Rastra Bank (NRB) as Associate Partners. Likewise, Nimbus Group (Byanjan), Sitaram Gokul Milks, Progressive Finance, Reliable Life Insurance, General Insurance, Merigold Jewellers and Agni Group also supported the event. Also supporting were the 10 district chambers of commerce and industry. DishHome was the official TV platform of the event.<br /> </p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12746', 'image' => '20210131083539__DSC3719.JPG', 'article_date' => '2021-01-29 18:15:54', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ), (int) 14 => array( 'Article' => array( 'id' => '12999', 'article_category_id' => '1', 'title' => ''Newbiz Business Women Summit & Awards 2021' kicks off', 'sub_title' => ' Finance Minister Paudel vows to promote and support women entrepreneurs', 'summary' => 'January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.', 'content' => '<p>January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.</p> <p>Addressing the inaugural ceremony of the 'Newbiz Business Women Summit & Awards 2021', Finance Minister Paudel said that women empowerment was necessary to foster entrepreneurship among women.</p> <p>"The constitution is progressive in terms of gender equality. However, we have to focus on to make women feel that there is no gender discrimination, they are equal to men and their potential and capacity are realized," said Finance Minister Paudel.</p> <p>Finance Minister Paudel also expressed the government's commitment to promote and facilitate women entrepreneurs that ultimately help in achieving economic prosperity of the country.</p> <p>New Business Age Pvt Ltd, the publisher of Arthik Abhiyan Daily and New Business Age, in collaboration with Standard Chartered organized the summit and award ceremony.</p> <p>Speaking at the inaugural ceremony, Madan Lamsal, Chairman of New Business Age Pvt Ltd, said that the initiative was aimed at honoring women entrepreneurs who have continued to pursue their businesses by overcoming all odds and adverse business conditions in the country.</p> <p>Zarin Daruwala, Cluster CEO India and Chairperson of Standard Charted Bank Nepal Ltd, said that easier access to finance, better tech connectivity and easier market access would help in scaling up women entrepreneurship.</p> <p>According to Daruwala, Standard Chartered Bank Nepal has observed nearly 16 folds increase in women entrepreneurship loans in 2020 compared to 2019 in line with the Nepal Rastra Bank's directed sector lending program.</p> <p>Also speaking at the inaugural ceremony, Bhawani Rana, Immediate Past President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that women have made a remarkable progress in economic and business sectors in last two decades. "There are still many challenges that women entrepreneurs are facing in our patriarchal society. The government must take a lead role in helping women entrepreneurs to overcome these challenges," she added.</p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12745', 'image' => '20210131083813__DSC3489.JPG', 'article_date' => '2021-01-29 17:57:45', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '13014', 'article_category_id' => '1', 'title' => 'NEPSE at All-Time High Record ', 'sub_title' => '', 'summary' => 'February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 3: The Nepal Stock Exchange (NEPSE) – an indicator to measure share transaction in the stock market – has reached the highest-ever points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">With the latest rise on February 2, the NEPSE has bounced to reach 2,500 points. According to the NEPSE, the stock market has touched 2,473.73 points with a gain of 65.49 points on Tuesday (February 2) alone. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Likewise, the sensitive index, which measures share transaction of big companies, has also gained 14.10 points to reach 451.38 points. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Along with the rise in NEPSE index, the traded amount has also witnessed increment. Total volume of shares traded on Tuesday were over Rs 8.59 billion. Shares of 200 companies were traded, NEPSE sources said. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The share market capitalization has reached Rs 3300 billion with the latest increment. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-03', 'modified' => '2021-02-03', 'keywords' => '', 'description' => '', 'sortorder' => '12759', 'image' => '20210203112246_20200224104313_aaaaaaaaa.jpg', 'article_date' => '2021-02-03 11:22:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13012', 'article_category_id' => '266', 'title' => 'WorldLink to Build Data Centres in All 7 Provinces', 'sub_title' => '', 'summary' => 'February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">February 2: WorldLink has announced to build Internet Data Centres (IDCs) in 14 major towns of Nepal, including one each in every province of the country. The internet service provider said that the IDCs are being set up to support the government’s vision of ‘Digital Nepal’ and to provide better experience to its customers at a time when the internet traffic is “increasing” at an unprecedented pace.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“The growth of Internet traffic worldwide is increasing at an unprecedented pace putting pressure on the Internet infrastructure and worsening user experience and internet speed,” said WorldLink in a statement, adding, “For better Internet experience therefore, there is a need to have servers locally, to store the content as near as possible to the users.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">According to the company, Nepal is also witnessing exponential growth in internet traffic with robust growth in the use of digital services. The company added that the government and private sector organizations have to quickly adapt to advanced digital technologies and move to cloud services at a higher pace than anticipated before.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Therefore, the company said it decided to set up the data centres across the country to meet this requirement. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">Out of the proposed 14 data centres, the Kathmandu data centre will be the largest and internationally accredited, adds the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri"> “All the data centres will be with carrier neutral, meaning this facility will not only facilitate WorldLink’s infrastructure but will also facilitate other ISPs, Telecoms, government and private organizations for the entire Nepal ICT infrastructure.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">WorldLink stated that the company is planning to invest around Rs 3000 millin over the next three years to build these data centers. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Calibri">“Our motive is to give quality internet service to our customers and help in building a Digital Nepal. With these DC facilities everyone will get internet content faster, cheaper and at a more reliable mode,” added the statement. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12758', 'image' => '20210202031651_data-center-in-Nepal-702x459.jpg', 'article_date' => '2021-02-02 15:16:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13011', 'article_category_id' => '1', 'title' => 'SJVN Limited to Export 79 Percent Electricity to India, Nepal to get 21 Percent Free of Cost', 'sub_title' => '', 'summary' => 'February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 2: India’s SJVN Limited, which has been selected for the project framework development of the 679-megawatt Lower Arun Hydropower Project, will be taking away 79 percent of electricity generated by the project to India.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Indian company will be exporting 536.41 megawatts of electricity to India once the project starts generating electricity. Nepal will be getting 21 percent of electricity (146.37 megawatts) generated by the project free of cost. The company had included such clauses while submitting proposal for the project. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Following the selection of SJVN Limited, the total number of hydropower projects developed for exporting electricity from Nepal has now reached three. Other such projects include 900-megawatt Arun III Hydropower Project, which is also being developed by SJVN Limited, and 900-megawatt Upper Karnali Hydropower Project which is undertaken by India’s GMR Company. Both of these companies will be exporting electricity to India after providing a certain amount of electricity free of cost to Nepal. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Nepal will receive 21.88 percent electricity from the Lower Arun III and 12 percent electricity from Upper Karnali.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Investment Board Nepal had last week selected SJVN Limited for the framework development of Lower Arun Hydropower Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">SJVN Limited’s competitor from China had proposed providing 25 percent free electricity to Nepal. However, SJVN scored more points in overall criteria set by the government and therefore the project was handed over to the Indian company, the board informed New Business Age. A high-ranking source at the Ministry of Energy said on condition of anonymity that SJVN Limited scored three points more than the Chinese company.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“We didn’t evaluate the proposals only on the basis of free electricity offer. SJNV scored more points while evaluating all the criteria set by the government,” said the source, adding that the Chinese company scored 80 points while the Indian company scored 83 points.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The company’s proposal has already been approved by the Government of Nepal after it was selected for project framework development. However, there are possibilities of amending the proposal of the Indian company while signing the project development agreement (PDA).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Firstly, the board will sign an agreement with the company for project framework development. Then the board will give survey license and then the permission for construction of the project, which will be followed by PDA between the company and the government.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">IBN Spokesperson Dharmendra Kumar Mishra said that the two sides can negotiate on the proposal made by the company before signing the PDA.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“Both sides will hold discussions on the proposal made by the company before signing the PDA. The proposal can be amended in this process,” said Mishra.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12757', 'image' => '20210202021045_20150823012330_ep1.jpg', 'article_date' => '2021-02-02 14:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '13010', 'article_category_id' => '1', 'title' => '50 Percent Hotel Occupancy in Sauraha following New Year Campaign', 'sub_title' => '‘Let's Go to Sauraha’ Campaign Brings Tourists in Hordes', 'summary' => 'February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The "Let’s go to Sauraha" campaign launched before the new year to revive the COVID-19 impacted tourism sector of Chitwan district is slowly gaining momentum, as domestic tourists are gradually arriving in Sauraha in an impressive number. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Over 50 per cent of hotels in Sauraha remain occupied during the weekend while over 140 small and big hotels and around 50 restaurants in Sauraha see 40 per cent occupancy during the working days lately, informed Regional Hotel Association Chitwan’s President Deepak Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The local tourism entrepreneurs had targeted major city areas in Province No 2 and Bagmati Province for the campaign besides marketing it in Biratnagar and Dharan among other major cities in Province No 1, shared Bhattarai. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The promotional campaign that was supported by the Tourism Board of Nepal and local units as well as attractive discount scheme in services (20 to 40 per cent) offered by the hotels and restaurants managed to bring in encouraging number of domestic tourists in Sauraha. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">According to Bhattarai, before the outbreak of COVID-19, mostly students were seen coming in Sauraha but lately people visit Sauraha as a couple or in a family to enjoy sight-seeing its rich flora and fauna and enchanting natural landscapes. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Most of the hotels and restaurants in Sauraha that were shut down after the outbreak of COVID-19 pandemic have begun their operation, informed the campaign coordinator Suman Ghimire. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Ghimire said that plans were afoot to launch the campaign nationwide. Restaurant and Bar Association Sauraha’s President Dipendra Khatiwada added that the arrival of tourists in Sauraha during the holidays remains higher while their arrival during the working days is also satisfactory. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Sauraha, situated close to Rapti River and the Chitwan National Park, is one of the major tourism destinations in the country that offers multitude of activities for the tourists such as jungle safari either in a jeep or on elephant, bird watching, canoe ride, elephant baths, sunrise and sunset viewing, boating and cultural events among others. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12756', 'image' => '20210202121548_20190415022754_aaa.jpg', 'article_date' => '2021-02-02 12:15:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13009', 'article_category_id' => '1', 'title' => 'Government Sets Up Bird Flu Control Room', 'sub_title' => '', 'summary' => 'February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 2: The government has formed a bird flu control room to curb the spread of the H5N1 virus after the disease was detected in a poultry farm in Tarkeshwar Municipality on the outskirts of the capital.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Department of Livestock Services on Friday confirmed bird flu among the turkeys, ducks and quails after a sample test at ward-7 of the municipality. The bird flu control room was formed under the leadership of Damayanti Shrestha, acting director general of the department, on the same day.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department informed that the control room will coordinate with various government bodies including the Nepal Agriculture Research Council, National Public Health Laboratory and the Epidemiology and Disease Control Division. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Information Officer of the department Dr Chandra Dhakal said that the control room is currently working to prevent the disease from spreading in other areas. Dhakal claimed that the department has already succeeded in curbing the disease in Tarkeshwar Municipality.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The department has banned poultry farming and animal husbandry in the municipality for the next three months. The control room is preparing to mobilize teams across the country in coordination with the provincial and local governments.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-02', 'modified' => '2021-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '12755', 'image' => '20210202120856_A3 Poster or Handout_Bird Flu Mar 2020 (upload)-400 2.JPG', 'article_date' => '2021-02-02 12:08:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '13008', 'article_category_id' => '1', 'title' => 'Central Bank Prepares Draft to Regulate Transactions through QR Code ', 'sub_title' => '', 'summary' => 'February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: Nepal Rastra Bank has prepared a draft of Nepal QR Standardization Framework and Guideline for regulating the use of QR code in the country. Although the quick response (QR) code is already in use in the market, the central bank is yet to come up with a policy to regulate its use.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">NRB was under pressure from Banks and Financial Institutions (BFIs) and payment service providers to regulate QR code, which is in use since the last three years. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Executive Director of the Payments Department of Nepal Rastra Bank Bhuvan Knadel says the central bank has given special attention to QR code while promoting electronic payment system.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that the draft has been prepared in line with international standard and practices.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We have prepared the QR Code Framework and Guideline and opened the floor for discussion. We are seeking feedbacks from concerned stakeholders including service providers, bank and merchants as well as customers,” said Kandel.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“We are receiving suggestions from some sectors and are still waiting for more feedbacks. The draft will be finalized after collecting feedbacks,” added Kandel. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has a provision that the service providers cannot charge customers for the use of QR Code. However, the service providers can fix a certain charge in the future and the central bank can fix a ceiling, according to the proposed draft. Executive Director Kandel said that such measures were considered so that the customers would not get cheated while also keeping in view that the market trend would not be disrupted.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The draft has also outlined the need to ensure security measures for the electronic transaction.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12754', 'image' => '20210201044333_1612137905.jpg', 'article_date' => '2021-02-01 16:42:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13007', 'article_category_id' => '266', 'title' => 'AVO joins hands with Aakansha Creation to create jobs for displaced women in Sindhupalchowk', 'sub_title' => '', 'summary' => 'February 1: Nepal AVO and Aakansha Creation have signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman"">February 1: </span></span><span style="font-family:Georgia">Nepal AVO and Aakansha Creation have </span><span style="font-family:Georgia">signed an agreement to “create jobs” for women displaced by landslides and floods in Sindhupalchowk district. Aakansha Creation’s Tekka Initiatives, a social campaign of the company, will lead the project in collaboration with the local ward office. The campaign will organize trainings for the displaced women on making soft toys. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The materials used for making the soft toys and the training will be provided free of cost, the organisers said in a joint statement. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“Once the training is completed, they will be provided an opportunity for employment to produce soft toys for AVO Nepal. The concept is build with an aim of improving the livelihood of displaced women and helping them become economically independent. These toys will be sold via different outlets throughout Nepal, India and Japan,” the statement added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">“It’s our absolute pleasure to collaborate with Tekka Initiative to start something inspiring,” said the Co-Founder and Director of AVO Nepal Sudixya Adhikari, adding, “Our company is focused on promoting Nepali Avocado and its various sub-categories of products. To launch our brand with soft toys is not only a part of our business strategy but also our intention to help marginalized communities, especially women. We were looking for a company that worked with women and found Tekka Initiative as a perfect match for our objective”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">The Managing Director of Aakansha Creation said, “We plan to offer training on crochet and supply materials free of cost. Once they complete the training, we will use their skills to manufacture soft toys with an intention to provide jobs to at-least 100 women in the next six months”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:Georgia">Battered by a series of natural disasters in July and August that caused huge loss to life and property, Sindhupalchowk was declared a crisis-hit region by the government on 24 September, 2020, the statement further said. The government is reortedly planning to reconstruct the disaster-ravaged physical infrastructure in the district with the assistance of World Bank.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12753', 'image' => '20210201032146_Pic Signing Cer.jpg', 'article_date' => '2021-02-01 15:20:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13006', 'article_category_id' => '1', 'title' => 'PM Oli Inaugurated Nepal’s Largest Substation', 'sub_title' => '', 'summary' => 'February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">February 1: Prime Minister KP Sharma Oli has inaugurated the 400 KV Dhalkebar Substation on Monday, February 1. It is the first substation of 400 KV in Nepal and also the biggest in the country.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The Dhanusha-based substation was set up by the Nepal Electricity Authority with an investment of 224.3 million. The state-owned NEA had awarded the contract to build the substation to Linxon India Private Limited (formerly ABB India Limited) in December 2017.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has three 315 MVA transformers and nine GIS line way. The nine GIS lines have been fixed for the transmission of electricity to and from Hetauda, Inaruwa and Muzaffarpur. The substation also has six GIS transformers and reactors.</span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The substation has a capacity to exchange 1000 megawatts of electricity between Nepal and India via Muzaffarpur transmission line. Similarly, it has the capacity to exchange 2000 megawatts of electricity with Hetauda and Inaruwa transmission lines each, according to NEA.</span></span></span></p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12752', 'image' => '20210201014119_1612137114.Clipboard24.jpg', 'article_date' => '2021-02-01 13:40:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '13005', 'article_category_id' => '1', 'title' => 'Export of Soybean Oil up by 290 Percent', 'sub_title' => '', 'summary' => 'February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The export of soybean oil has increased by 290 percent in the first six months of the current fiscal year. According to the Trade and Export Promotion Centre (TEPC), Nepal exported soybean oil worth Rs 17 billion during the review period. The export of soybean oil during the corresponding period of last fiscal year was worth Rs 4 billion.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In the review period, palm oil – which was Nepal’s top export product last year – dropped to 27<sup>th</sup> position among the items exported by Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The country had exported palm oil worth Rs 13.89 billion in the first six months of the current fiscal year but the export dropped to Rs 400,000 in the current fiscal year after India banned the import of palm oil. India is the main market for palm oil and soybean oil produced in Nepal.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Nepali businessmen used to import unrefined palm oil from third countries and then the finished produce used to be exported to India. The businessmen have shifted their focus toward soybean oil after India banned palm oil.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">“Industries are gradually reopening as the situation is normalizing after Covid-19 and lockdown,” said industrialist Pradeep Muraraka, adding, “After the ban on palm oil, there has been an increase in demand for soybean oil. We have shifted our focus on production of soybean oil.”</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Wool, black cardamom, carpet, jute, readymade garments, tea are among the major export products of Nepal after soybean oil, according to Krishna Bajgain, senior officer at TEPC.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12751', 'image' => '20210201123822_1612135819.Clipboard21.jpg', 'article_date' => '2021-02-01 12:37:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13004', 'article_category_id' => '1', 'title' => 'Price of Chicken Drops after Emergence of Bird Flu in Capital', 'sub_title' => '', 'summary' => 'February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">February 1: The price of chicken has dropped in Kathmandu after bird flu was detected in the capital. The Department of Livestock on Saturday had confirmed bird flu in a poultry farm in Sanglekhola of Tarkeshwar Municipality in the northern outskirts of Kathmandu. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The price of chicken had gradually increased to as much as Rs 370 per kilogram after the lockdown was lifted. The price has dropped to Rs 350 per kg after bird flu was reported on Saturday, January 30.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">However, the Meat Entrepreneurs Association of Nepal says that bird flu alone is not the reason in falling price of chicken. Chairman of the association Jung Bahadur BC says chicken have not been infected so far and therefor urged the consumers not to panic. According to him, the government has confirmed bird flu among ducks, turkeys and quails but not among chicken.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Meanwhile, poultry farmers have become worried due to the emergence of bird flu when their business was finally picking up pace after suffering for a long time due to the impact of coronavirus and lockdown.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">On the other hand, government authorities have sealed the infected area to prevent the virus from spreading.</span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Bird flu was detected in different places of India last month and the government had made all possible efforts to prevent the disease from entering Nepal. As the virus has already been detected in Nepal, the department has urged everyone involved in poultry business to transport chicken and other avian animals only after getting certificates from the concerned government bodies.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-02-01', 'modified' => '2021-02-01', 'keywords' => '', 'description' => '', 'sortorder' => '12750', 'image' => '20210201121610_index.jpg', 'article_date' => '2021-02-01 12:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13002', 'article_category_id' => '1', 'title' => 'President Bhandari Pledges to Resolve Problems Faced by Women Entrepreneurs', 'sub_title' => '', 'summary' => 'January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria">January 31: President Bidya Devi Bhandari has pledged to resolve the problems faced by women entrepreneurs after acknowledging that it is not easy to lead business enterprises by women. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">During a meeting with the winners of Nubiz Business Women Summit and Awards 2021 on Saturday (January 30), President Bhandari told the women entrepreneurs to share their problems in written form and she would take necessary measures in coordination with the government to resolve those problems.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“There is a big challenge for women to become entrepreneurs. I understand this clearly. Women should not lose confidence. The government is there to support women entrepreneurs with various programmes,” said President Bhandari.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">“I will take the initiative to resolve the problems faced by women entrepreneurs,” she added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">The president also thanked New Business Age for organising the summit and training to women entrepreneurs from across the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Cambria">Finance Minister Bishnu Poudel had inaugurated the summit and awards ceremony on Friday (January 29). During the inauguration, Minister Poudel had expressed government’s commitment to promote women entrepreneurship in the country. The awards ceremony was initially scheduled for March last year but was pushed back due to the Covid-19 pandemic.</span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12749', 'image' => '20210131083603__J4A1895 - Copy.JPG', 'article_date' => '2021-01-31 12:34:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13003', 'article_category_id' => '1', 'title' => 'India’s SJVN Limited Selected for Arun Hydropower Project Development ', 'sub_title' => '', 'summary' => 'January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. ', 'content' => '<p><em>This file photo shared by SJVN Limited on its Facebook page shows PM KP Sharma Oli with SJVN Chairman Nanda Lal Sharma (right). A meeting of the Investment Board chaired by PM Oli has selected SJVN for project framework development of Lower Arun Hydropower Project.</em></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: The Government of Nepal has selected India’s SJVN Limited to prepare the project framework for the 679-megawat capacity Lower Arun Hyrdropower Project. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework, according to the state-owned national news agency, RSS. A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">RSS further stated that the selection was made on the basis of an assessment of the companies listed through international bidding. The 679-MW project will be based in Sankhuwasabha and Bhojpur districts. The project was proposed before international investors during the Nepal Investment Summit held in Kathmandu in 2019. </span></span></span><br /> <span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">During Friday’s meeting, Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects needs to be implemented on time, according to IBN spokesperson Dharmendra Kumar Mishra. </span><br /> <span style="font-family:"Arial Unicode MS""> Meanwhile the meeting decided to invite as experts to the Board Rajesh Kaji Shrestha, Hari Bhakta Sharma and Bhawani Rana, and Bal Krishna Shiwakoti as members. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12748', 'image' => '20210131022048_143465423_1552556748264906_5756472219190650236_n.jpg', 'article_date' => '2021-01-31 14:17:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '13001', 'article_category_id' => '1', 'title' => 'Bird Flu Detected in Kathmandu ', 'sub_title' => '', 'summary' => 'January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">January 31: Bird flu has been detected in a poultry farm in Tarakeswor municiplaity-7 of Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS"">According to the state-run news agency, RSS, the municipality's Livestock Division Chief Dhanipat Roy shared that 1865 ducks, 622 quail birds, 32 chicks, 25 turkeys, 542 eggs and 75-kg feed were destroyed and disposed off after the confirmation of bird flu. </span><br /> <span style="font-family:"Arial Unicode MS"">Poultry firms of local farmers have been sealed off with the assistance of a joint team of Nepal government's Department of Health Services, Department of Livestock and Tarakeswor Municipality's health section after the detection of the flu, RSS further reported. </span><br /> <span style="font-family:"Arial Unicode MS"">In view of the fear of the outbreak, the samples of poultry products from other firms have been sent for test, RSS quoted the municipality sources as saying. </span><br /> <span style="font-family:"Arial Unicode MS"">Division Chief Roy reportedly informed that the bird flu affected areas have been disinfected with sprays. </span></span></span></p> ', 'published' => true, 'created' => '2021-01-31', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12747', 'image' => '20210131120553_Avian-influenza-word-cloud.jpg', 'article_date' => '2021-01-31 12:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13000', 'article_category_id' => '1', 'title' => 'NewBiz Celebrates Women Entrepreneurship Excellence', 'sub_title' => '12 Women Felicitated for their contributions to entrepreneurship in the country', 'summary' => 'January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29.', 'content' => '<p>January 29: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has concluded the NewBiz Business Women Summit and Awards on January 29. In the event, which was originally scheduled for March last year and was postponed due to the Covid-19 pandemic, working and entrepreneurial women of Nepal were honoured in various categories selected by independent panels of jury for their excellence in respective areas. Shanta Baskota Koirala, managing director of Kanchanjangha Tea Estate, was felicitated with the 'Women Entrepreneur of the Year 2021' award. Similarly, Shreejana Rana was honoured with the 'Business Women of the Year 2021' award, while Urmila Shrestha, CEO of Salt Trading Corporation Limited, received the 'Influential Business Women of the Year 2021' award. Similarly, Vidushi Rana, director of branding and business development at Kiran Shoes Manufactures was felicitated with the 'Charismatic Business Women of the Year 2021' award. Veteran hotelier Maharajkumari Rama Rana Malla, Chairperson of The Malla Hotel was honoured with the Lifetime Achievement Award for her four decades of contributions to the Nepali business sector. Malla, whose business portfolio includes a five-star property, a resort and a tour agency, is also a dedicated philanthropist who is still active even at the age of 75.</p> <p>Likewise, seven women entrepreneurs, one each from the seven provinces of the country, were honoured under the category 'Emerging Enterprising Women of the Year 2021'. Champa Nepal, proprietor of Champa Shoe Center and Training, Biratnagar (Province 1), Trishna Singh Bhandari, owner of Mithila House Pvt Ltd, Birgunj (Province 2), Chandrakala Baskota, owner of Rijal Plastic Udhyog, Bhaktapur (Bagmati Province), Ramkali Khadka, founder of Women’s Skills Development Center, Pokhara (Gandaki Province), Chitra Kali Budhamagar, owner of Kothi Himal Allo Kapada Udhyog, Pyuthan (Lumbini Province), Heema Kumari Upadhyay, owner of Bhawani Chhapakhana, Surkhet (Karnali Province) and Heera Bhandari, managing director of B Polytechnic Institute, Dhangadhi (Sudurpaschim Province) were awarded. The event comprised of two parts; the first part of the programme was completed last year but the final part was postponed due to the pandemic. Under the first part, full day training programmmes for business women from different parts of the country were organised on entrepreneurship and financial literacy at ten different centres of the country - Biratnagar, Birtamode, Birgunj, Janakpur, Hetauda, Narayangarh, Butwal, Surkhet, Dhangadhi and Pokhara. The programmes were participated by about 2,000 people. In these programmes the women entrepreneurs also had opportunity to interact with the representatives of various banks and financial institutions operating in those locations, the representatives of the regulating authorities concerned with business sectors and representatives of local government bodies. These programmes were highly successful based on the feedback the participants shared. The second and final part of the event, which was held at Radisson Hotel Kathmandu, comprised of two parts. Under the first part of the final programme, Women’s Summit was held in which leading business women and professionals from various sectors participated in a panel discussion titled ‘Promoting Women Entrepreneurship: Policies and Practices’ with another part being the awards distribution ceremony. The event was organised following the health safety guidelines as the pandemic situation is yet to come under total control. </p> <p>Standard Chartered Bank Nepal was Title Sponsor of the programme. The programme, which was held in association with Muktinath Bikas Bank, had Star Hospital as Medical Partner. The event had Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Nepal Rastra Bank (NRB) as Associate Partners. Likewise, Nimbus Group (Byanjan), Sitaram Gokul Milks, Progressive Finance, Reliable Life Insurance, General Insurance, Merigold Jewellers and Agni Group also supported the event. Also supporting were the 10 district chambers of commerce and industry. DishHome was the official TV platform of the event.<br /> </p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12746', 'image' => '20210131083539__DSC3719.JPG', 'article_date' => '2021-01-29 18:15:54', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ), (int) 14 => array( 'Article' => array( 'id' => '12999', 'article_category_id' => '1', 'title' => ''Newbiz Business Women Summit & Awards 2021' kicks off', 'sub_title' => ' Finance Minister Paudel vows to promote and support women entrepreneurs', 'summary' => 'January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.', 'content' => '<p>January 29: Minister for Finance Bishnu Prasad Paudel today acknowledged that the process of empowering women has not moved ahead at a desired pace in the country despite adequate provisions in the constitution.</p> <p>Addressing the inaugural ceremony of the 'Newbiz Business Women Summit & Awards 2021', Finance Minister Paudel said that women empowerment was necessary to foster entrepreneurship among women.</p> <p>"The constitution is progressive in terms of gender equality. However, we have to focus on to make women feel that there is no gender discrimination, they are equal to men and their potential and capacity are realized," said Finance Minister Paudel.</p> <p>Finance Minister Paudel also expressed the government's commitment to promote and facilitate women entrepreneurs that ultimately help in achieving economic prosperity of the country.</p> <p>New Business Age Pvt Ltd, the publisher of Arthik Abhiyan Daily and New Business Age, in collaboration with Standard Chartered organized the summit and award ceremony.</p> <p>Speaking at the inaugural ceremony, Madan Lamsal, Chairman of New Business Age Pvt Ltd, said that the initiative was aimed at honoring women entrepreneurs who have continued to pursue their businesses by overcoming all odds and adverse business conditions in the country.</p> <p>Zarin Daruwala, Cluster CEO India and Chairperson of Standard Charted Bank Nepal Ltd, said that easier access to finance, better tech connectivity and easier market access would help in scaling up women entrepreneurship.</p> <p>According to Daruwala, Standard Chartered Bank Nepal has observed nearly 16 folds increase in women entrepreneurship loans in 2020 compared to 2019 in line with the Nepal Rastra Bank's directed sector lending program.</p> <p>Also speaking at the inaugural ceremony, Bhawani Rana, Immediate Past President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that women have made a remarkable progress in economic and business sectors in last two decades. "There are still many challenges that women entrepreneurs are facing in our patriarchal society. The government must take a lead role in helping women entrepreneurs to overcome these challenges," she added.</p> ', 'published' => true, 'created' => '2021-01-29', 'modified' => '2021-01-31', 'keywords' => '', 'description' => '', 'sortorder' => '12745', 'image' => '20210131083813__DSC3489.JPG', 'article_date' => '2021-01-29 17:57:45', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '10' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25