May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class…
May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class…
May 12: Sprites’ Double Dose Refresh Pani Recharge Pani campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February…
May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan.…
May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for…
May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in…
May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its…
May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers.…
May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts.…
May 10: NepaliTravellers, an organization that supports and inspires Nepali travellers to explore Nepal and the world, has announced application for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge…
May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal…
May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali…
May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20.…
May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali…
May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman…
May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders.…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10671', 'article_category_id' => '1', 'title' => 'Everest Bank Launches Home Loan Scheme with EMI as low as Rs 9,599', 'sub_title' => '', 'summary' => 'May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families.', 'content' => '<p> May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families. According to the bank, the scheme comes with an equated monthly installment (EMI) as low as Rs 9,599. The scheme has been launched with the tagline “When the bank’s EMI is lower than the house rent then it’s better to pay bank’s EMI than the rent”.</p> <p> The bank said in a statement that the campaign has been launched with a special discount of 25 per cent on service charge with a loan term of 25 years.</p> <p> The bank has urged everyone to utilize the campaign and fulfill the dream of having their own house.</p> <p> Everest Bank said it currently has a customer base of over 1 million people and is providing banking services through its network of 94 branches, 28 revenue collection counters, and 116 ATMs across the country. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '10421', 'image' => '20190512043849_Mnemonic.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10669', 'article_category_id' => '266', 'title' => 'Sprite Awards 914,000 Winners', 'sub_title' => '', 'summary' => 'May 12: Sprites’ Double Dose Refresh Pani Recharge Pani campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.', 'content' => '<p> May 12: Sprites’ <em>Double Dose Refresh Pani Recharge Pani</em> campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.</p> <p> According to the company, 62 lucky winners received a Samsung Galaxy Note 9 under the campaign. The offer was applicable on 250 ml returnable glass bottle (RCB) packs of Coca-Cola, Sprite, Fanta Orange, Fanta Lemon and Kinley Soda.</p> <p> Ambuj Singh, country director of Coca-Cola Nepal, said, “We are very glad to see increased engagements and excitements of consumers in Sprite’s campaigns which refresh and recharge the end consumers. A campaign of this scale can only be successful with the joint efforts of our implementation partners and our valued retailers, who helped us, make this campaign reach out to end consumers and also we are thankful to our newly-appointed brand ambassador Anmol KC for his contribution. ” </p> <p> He also thanked the consumers for their active participation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10420', 'image' => '20190512033626_Sprite_DoubleDose_WINNER_Collage.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10668', 'article_category_id' => '266', 'title' => 'Qatar Airways Provides Food Items to Needy Families in Kathmandu', 'sub_title' => '', 'summary' => 'May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. ', 'content' => '<p> May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. The airline said in a statement that it collaborated with Qatar Charity to provide the food items on Saturday May 11 to mark the major festival of Muslims around the world.</p> <p> Each of the recipient family received 25 kg of rice, 3 kg of sugar, 5 kg of wheat flour, 3 kg of chickpeas, 1 kg of salt, 1 kg of sunflower seeds and 5 litres of sunflower oil, according to the statement.</p> <p> The company further said that the food items were collected through donations.</p> <p> “We are tremendously pleased to be able to provide these much-needed items to the families here in Kathmandu. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to the people of Nepal,” said Mohamed El Emam, country head of Qatar Airways for Nepal, adding, “The holy month of Ramadan reminds us of the importance of giving to others, and we are delighted to have been able to make a difference here in the local community of Kathmandu.”</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10419', 'image' => '20190512033538_Qatar-Airways.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10667', 'article_category_id' => '1', 'title' => 'Nepal a Lucrative Destination for Investment: NCC President', 'sub_title' => '', 'summary' => 'May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam.', 'content' => '<p> May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam. Highlighting the investment-friendly environment and stable government of the country during a conference in Hanoi, Vietnam on Friday (May 10), NCC President Rajesh Kazi Shrestha told the Vietnamese businessmen that it is the perfect time for investment in Nepal.</p> <p> During the event, Shrestha shared about the possibility of investment in hydropower, tourism and agriculture in Nepal.</p> <p> According to him, NCC and Vietnam Chamber of Commerce had signed a memorandum of understanding in 2018 for promotion of bilateral trade and economic cooperation. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10418', 'image' => '20190512042904_Clipboard12-4.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10666', 'article_category_id' => '1', 'title' => 'Hotels Business Booming in Birgunj ', 'sub_title' => '', 'summary' => 'May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation.', 'content' => '<p> May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation. In the recent period, investment in the hotel sector in Birgunj has observed a tremendous growth. However, the hotel business here is booming not because of tourists but due to business meetings.<br /> <br /> Hari Pant, chairman of hotel and tourism entrepreneurs association of Birgunj, says hotels in Birgunj are sustaining their business because of the guests of business houses but not tourists. <br /> <br /> “The hotels so far have been operating their business depending on the guests of industries and their business activities. They now need to extend their service targeting tourists as well," he added.<br /> <br /> Diyalo Lords Plaza, a three-star hotel in Birgunj, was established with Rs 1 billion investment and is likely to receive a four-star status very soon. Anil Kumar Rungta, owner of Diyalo Lords Plaza, says he invested in the hotel believing Birgunj to become a tourist destination in future. <br /> <br /> Previously, VVIP guests travelling to Birgunj were to travel twenty six kilometers away to Hotel Ichhya, Simara in absence of posh hotels. But now Diyalo Lords Plaza is expected to make the stay of VVIP guests remarkable within the city.<br /> <br /> Hotel depended on industries<br /> According to Pant top ranking business entrepreneurs and auditors coming to Birgunj and nearby industrial areas are mainly the targeted customers of the hotels in Birgunj and the hotels are benefiting from the ongoing construction of new industries being established in Bara-Parsa industrial corridor. <br /> <br /> Risk<br /> Hotel entrepreneurs inform hotels in Birgunj have received more than Rs 20 billion investment. According to the entrepreneurs the hotel business in Birgunj will be at risk if they have to continue the business depending on the guest of the industrial sector.<br /> "We should work to find ways for brining tourists or else hotels won’t be able to sustain additional investment," Pant added. He further said that the hotels are already having tough competition for service charge. <br /> "In the hotel business we sell services rather than commodities which is why we are observing tight competition. In the last one year alone six new big hotels have opened here for," he added. <br /> <br /> Birgunj for marriages<br /> In recent time the number of people arriving Birgunj from India for marriage ceremony has increased. Due to the lack of hotels in Raxaul (the closest Indian border to Birgunj) most of the Indians come to Birgunj and conduct the marriage ceremony. Such events have become a good source of earning for the hotels which almost earn Rs 1 million per marriage. According to sources the hotels in Birgunj charge comparatively less than the hotels in major Indian cities . The Hotel and Tourism Entrepreneurs Association has plans to conduct promotional campaign from Betiya, Darbhanga, Motihari, Narkatiya, Patna in Bihar to Kolkata of Bengal. The association aims to conduct “Let’s Go Birgunj” promotional campaign in the region. <br /> <br /> Casino<br /> According to Pant, small scale hotels have also been benefitting from the casinos operated by big hotels in Birgunj. The customers of casinos have been using the services of small hotels for accommodation. Hotel Vishwa, Suraj and Diyalo Lords are operating casino business in Birgunj. <br /> <br /> Pant further informed that hotels in Birgunj have also profited from the 'no alcohol policy' of the Bihar government. People from Bihar regularly visit hotels in Birgunj for consuming alcohol after the ban.<br /> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10417', 'image' => '20190512123044_Clipboard07-3.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10665', 'article_category_id' => '1', 'title' => 'Internet and TV Service Providers Threaten to Shut Down Services', 'sub_title' => '', 'summary' => 'May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.', 'content' => '<p> May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.</p> <p> The state-owned Nepal Electricity Authority has asked the service providers to clear their dues by Tuesday, warning that it will cut off the wires from the poles if the y failed to clear the dues. The NEA had hiked the rental charges of poles on July 17 last year.</p> <p> Meanwhile, the Internet and television service providers have protested against the decision of the NEA to hike the rental charges saying it is against the understanding reached with the government. They said that the government will be responsible for the shutdown of the services throughout the nation.</p> <p> According to Bhoj Raj Bhatta, president of the Internet Service Providers’ Association of Nepal, the shutdown of the service will directly hit the banking and other institutions.</p> <p> “The NEA should be ready to face criticism from consumers and institutions,” he added.</p> <p> According to the service providers, the pole users had to pay Rs 205 per pole in a municipality and Rs 50 in a rural municipality. The committee says the charges have been hiked by almost three folds for core wire, while the charges for fiber cable have been hiked by almost five times.</p> <p> The Internet service providers also claimed that the charges have been increased by 500 percent in Kathmandu valley, and 2,100 percent in rural areas.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10416', 'image' => '20190512121528_20190321014000_INternet.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10664', 'article_category_id' => '1', 'title' => 'Social Security Scheme Draws Lukewarm Response from Employers Due to Unclear Policies', 'sub_title' => '', 'summary' => 'May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. ', 'content' => '<p> May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. Although the scheme seems to be ambitious, there has been little participation from the employers due to some ambiguous policies. The government has not been able to clarify the issue of pension under this scheme.</p> <p> “The government has not clearly stated when and how the pension will be distributed,” says Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).</p> <p> According to government data, altogether 2,536 employers have agreed to support the government in the new scheme as of now. Among them, the Social Security Fund of the government has shortlisted 1,281 employers. Meanwhile, 5,668 employees have filed applications for being listed in the scheme.</p> <p> Golchha blames the drawbacks of the government for the lackluster participation of employers in the scheme. Although a majority of employers and workers were excited about the new scheme, they are still confused about the pension scheme due to the lack of clarity in its provisions, argues Golchha.</p> <p> He says that the workers are hesitant to take part in this scheme as they have failed to obtain clear information about the pension provision.</p> <p> “We tell the workers that they should be a part of this scheme, but they themselves are hesitant to join,” says Golchha. “How can we forcefully include them in the scheme against their will?” he asked.</p> <p> Golchha says that the government must first make the employers as well as the workers clear about the provisions of the scheme.</p> <p> Meanwhile, chief of the Central Discipline Inspection Commission of the General Federation of Nepalese Trade Union (GFONT), Bishnu Lamsal, said that the scheme has not seen enthusiastic participation of employers as well as workers due to “the wrong intention of some employers.”</p> <p> “The government needs to inform the employers who have not yet turned up. It should also clarify if there are any ambiguities,” he said.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10415', 'image' => '20190512112605_20190106090244_Clipboard03.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10663', 'article_category_id' => '1', 'title' => 'NRB Directs BFIs not to Lure Depositors with Gifts', 'sub_title' => '', 'summary' => 'May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. ', 'content' => '<p> May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. A circular issued by the central bank on Thursday says that BFIs cannot announce schemes offering gold and silver coins, birthday cakes, among other similar incentives, to attract deposits.</p> <p> NRB’s acting executive director Bam Kumar Mishra said that the central bank announced such measures due to the unhealthy competition in the market to lure depositors.</p> <p> “Such offers increase the expenditure of the banks and will ultimately result in the rise of interest rates,” said Mishra.</p> <p> Earlier, the central bank had ordered the BFIs not to announce any scheme involving a lucky draw to attract depositors.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10414', 'image' => '20190512110319_NRB-Image-1.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10661', 'article_category_id' => '1', 'title' => 'NepaliTravellers Announces Applications for Solo Woman Travel Challenge', 'sub_title' => 'Five women to receive a fully-funded travel grant under Solo Woman Travel Challenge 2019', 'summary' => 'May 10: NepaliTravellers, an organization that supports and inspires Nepali travellers to explore Nepal and the world, has announced application for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA).', 'content' => '<p> May 10: NepaliTravellers, an organisation which supports and inspires Nepali travellers to explore Nepal and the world, has announced that applications are open for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA) 2019.</p> <p> NepaliTravellers said in a statement that it has been organising the Solo Woman Travel Challenge, a travel grant competition for women travellers to explore the natural landscape and diverse cultural heritages of the country, since 2015.</p> <p> NepaliTravellers claimed it has so far provided fully-funded grants and mentorships to 42 Nepali women in their solo travels since 2015. The platform also creates and publishes travel contents that are intimate and localized on online and offline portals.</p> <p> <img alt="" src="/app/webroot/userfiles/images/solo%20traval%20%282%29%281%29.jpg" style="width: 800px; height: 600px;" /></p> <p> Prior to the travel, the organisation provides the travellers with training on wilderness first-aid, self-defense and visual storytelling to facilitate the travel plans.</p> <p> This year, the organisation will be sending five “dynamic and bold” women travellers on their solo journeys across Nepal under the challenge.</p> <p> “They will leave for their travel between August 30 and November 30, for a period of at least 10 days,” the statement said.</p> <p> The applications are open from May 10 to June 10.</p> <p> One out of the five contestants will be selected as Miss NepaliTravellers, who will be representing NepaliTravellers at global platforms.</p> <p> NepaliTravellers will provide full funding and support to Miss NepaliTravellers for her international solo travel at least for one month. According to the organisation’s website, Pooja Rijal is the current Miss NepaliTravellers.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10413', 'image' => '20190510042232_solo traval (1).jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10662', 'article_category_id' => '1', 'title' => 'Rana Becomes First Woman to Lead HAN', 'sub_title' => '', 'summary' => 'May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN).', 'content' => '<p> May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN). The 46<sup>th</sup> annual general assembly of HAN on Thursday elected Rana unopposed to the post. This is the first time that a woman has been elected as the president of HAN. The AGM held at Soaltee Crowne Plaza elected Rana, the proprietor of Annapurna Hotel, for a two-year term.</p> <p> Likewise, Binayak Shah of Hotel Airport has been elected the first vice president of the association. Other elected office bearers of HAN include Prabin Pandey of Hotel Shangrila (second vice president), Sajan Shakya of Kathmandu Prince Hotel (general secretary) and Bishal Kumar of Hotel Vaishali (secretary).</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10412', 'image' => '20190510044449_Shreejana-Rana.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10660', 'article_category_id' => '266', 'title' => 'JGI Launches Red Russian in Nepal', 'sub_title' => '', 'summary' => 'May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.', 'content' => '<div> <p> May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.</p> <p> The company said in a statement that it has introduced Red Russian, a “superior clear spirit” that is exceptionally smooth and pure and made from the finest grains and pure Himalayan water using state-of-the art distillation, fermentation, and filtration technologies from Russia.</p> <p> “Red Russian is triple distilled for extra smoothness and 12 times filtered for a fresh and clean finish, using only the very best of grains and Russian technology to retain the traditional authenticity of its origins and the versatility of the spirit. We set very high standards in our production, but we also want it to be enjoyed at an affordable price,” said Sashin Joshi, group executive director of JGI.</p> <p> The product will be available nationwide in 750 ml, 375 ml and 180ml bottles priced at Rs 1,000, Rs 500 and Rs 250, respectively.</p> </div> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10411', 'image' => '20190512032600_red russian.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10659', 'article_category_id' => '1', 'title' => 'Tatopani Customs Point to Reopen from June 20', 'sub_title' => '', 'summary' => 'May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. ', 'content' => '<div> May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. China has informed Nepal that it will complete the infrastructure including the friendship bridge by the time and hand over the customs point to Nepal.</div> <div> </div> <div> Secretary at the Ministry of Industry, Commerce and Supplies, Kedar Bahadur Adhikari, informed New Business Age that China has sent a letter to Nepal in this regard.</div> <div> </div> <div> The main trade route between Nepal and China had remained closed since the earthquake of 2015 devastated the area. Following the destruction, China had press for operating Kerung-Rasuwagadi route for trade with Nepal. However, the Government of Nepal and the locals of Tatopani have been urging China to reopen the Tatopani route because it has all the necessary infrastructures including a two-lane road and is 60 km shorter than the Kerung-Rasuwagadi route.</div> <div> </div> <div> Considering this, China has agreed to resume the Tatopani route as an international trade point, said the officials of Nepal government.</div> <div> </div> <div> However, China has shown reluctance to open the Tatopani border the Chinese Army found out about the activities of Tibetan refugees in Nepal during the rescue operation after the catastrophic earthquake. China had been complaining to Nepal about the issue through unofficial channels since then while the government officials of Nepal claimed that they have addressed the concerns of China.</div> <div> </div> <div> After learning that China was interested in reopening the Tatopani border in 2016, Nepal started reconstruction of the Araniko Highway to connect with Tatopani.</div> <div> </div> <div> Secretary Adhikari said, “The reconstruction work is about to complete.” He further said that the construction of the friendship bridge has reached the final stage.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10410', 'image' => '20190510014655_Clipboard04-2.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10658', 'article_category_id' => '237', 'title' => 'Vivo Launches APEX 2019 in Nepal', 'sub_title' => '', 'summary' => 'May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.', 'content' => '<p> May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.</p> <p> The company said in a statement that the ‘super unibody’ concept of Vivo aims to make the display even more exclusive.</p> <p> According to the company, a super unibody phone looks distinctive and is comfortable to hold because it has fewer ports.</p> <p> The APEX 2019 features full-display fingerprint scanning with the sensor covering almost the entire display allowing users to unlock the phone by touching almost anywhere on the display.</p> <p> APEX 2019 runs on a Qualcomm Snapdragon 855 platform, with a super-large memory of 12GB + 256GB. It is also a 5G phone capable of handling a variety of user scenarios.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10409', 'image' => '20190510012054_Vivo_Nepal_Apex-2019_1.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10657', 'article_category_id' => '1', 'title' => 'Application Open for Nari Udhyami Seed Camp', 'sub_title' => '', 'summary' => 'May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.', 'content' => '<p> May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.</p> <p> Issuing a statement, Udhyami Innovations said that the Nabil Nari Udhyami Seed camp is a business bootcamp dedicated to providing a platform to women co-founders with creative business ideas.</p> <p> “Udhyami Innovations, together with Nabil Bank, strongly believes in gender diversity and its potential in Nepal’s growing entrepreneurial ecosystem and that Nepali women must be given equal opportunities to realize their ideas into ventures,” says the statement.</p> <p> According to the company, the seed camp aims to identify some of the best ideas of startups led by women and provide them with the required resources to help them refine their business ideas, grow their networks, form profitable business connections and kick-start their entrepreneurial journeys.</p> <p> The application was announced on May 9. Of the total applicants, the selected 20 teams will go through a tried and tested entrepreneurship programme at the bootcamp, according to Prabha Timilsina, programme coordinator of Udhyami Innovations.</p> <p> “They will be provided with full-fledged mentorship and guidance from entrepreneurs and experts, access to an entrepreneurial community, assistance in developing their business models, refining and validating their business ideas with the objective of kick-starting their ideas into businesses,” added Sharad KC, business and partnership coordinator of the programme.</p> <p> On the final day of the bootcamp ‘Pitch Day’, the teams will pitch their business ideas to the investors and other selected stakeholders to secure the seed money.</p> <p> Following the bootcamp, the teams will carry out intense research, work on their business models for a month and again will make an investment pitch at a larger scale during the ‘Demo Day’, according to the statement.</p> <p> Since the inception of the camp in 2017, it has helped 48 teams and 119 individuals realize the entrepreneurs inside them, enabled more than 60 senior entrepreneurs and experts to share their insights, and provided investors opportunities to invest in the best entrepreneurial people and ideas, according to the organisers. Three teams have succeeded in securing investment and are working to scale up their ventures while five other teams have received investment commitment from interested investors.</p> <p> Seeing an incredible impact of the programme in earlier editions, Nabil Bank said it is supporting Udhyami Seed Camp with the objective of uplifting women entrepreneurship in Nepal.</p> <p> The application deadline for the Nabil Nari Udhyami Seed Camp is June 9.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10408', 'image' => '20190510010335_nabil.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10656', 'article_category_id' => '218', 'title' => 'Kumari Bank Holds AGM', 'sub_title' => '', 'summary' => 'May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. ', 'content' => '<div> May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. The 17th and 18th Annual General Meeting (AGM) of the bank jointly held on May 9 approved the decision of the bank to issue the bonus shares.</div> <div> </div> <div> The paid-up capital of the bank is expected to reach Rs 8.68 billion after issuing the bonus shares.</div> <div> </div> <div> The total deposit of the bank as of Chaitra 2075/76 is Rs 77.29 billion and the loan provided by the bank is Rs 73.24 billion.</div> <div> </div> <div> Meanwhile, the bank said its operating profit so far has been Rs 1.42 billion and the net profit Rs 1.00 billion.</div> <div> </div> <div> The bank has been providing its services with a network of 88 branches, 83 ATMs, three extension counters and three branchless banking facilities across the country.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10407', 'image' => '20190510124313_kuamri.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10671', 'article_category_id' => '1', 'title' => 'Everest Bank Launches Home Loan Scheme with EMI as low as Rs 9,599', 'sub_title' => '', 'summary' => 'May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families.', 'content' => '<p> May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families. According to the bank, the scheme comes with an equated monthly installment (EMI) as low as Rs 9,599. The scheme has been launched with the tagline “When the bank’s EMI is lower than the house rent then it’s better to pay bank’s EMI than the rent”.</p> <p> The bank said in a statement that the campaign has been launched with a special discount of 25 per cent on service charge with a loan term of 25 years.</p> <p> The bank has urged everyone to utilize the campaign and fulfill the dream of having their own house.</p> <p> Everest Bank said it currently has a customer base of over 1 million people and is providing banking services through its network of 94 branches, 28 revenue collection counters, and 116 ATMs across the country. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '10421', 'image' => '20190512043849_Mnemonic.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10669', 'article_category_id' => '266', 'title' => 'Sprite Awards 914,000 Winners', 'sub_title' => '', 'summary' => 'May 12: Sprites’ Double Dose Refresh Pani Recharge Pani campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.', 'content' => '<p> May 12: Sprites’ <em>Double Dose Refresh Pani Recharge Pani</em> campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.</p> <p> According to the company, 62 lucky winners received a Samsung Galaxy Note 9 under the campaign. The offer was applicable on 250 ml returnable glass bottle (RCB) packs of Coca-Cola, Sprite, Fanta Orange, Fanta Lemon and Kinley Soda.</p> <p> Ambuj Singh, country director of Coca-Cola Nepal, said, “We are very glad to see increased engagements and excitements of consumers in Sprite’s campaigns which refresh and recharge the end consumers. A campaign of this scale can only be successful with the joint efforts of our implementation partners and our valued retailers, who helped us, make this campaign reach out to end consumers and also we are thankful to our newly-appointed brand ambassador Anmol KC for his contribution. ” </p> <p> He also thanked the consumers for their active participation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10420', 'image' => '20190512033626_Sprite_DoubleDose_WINNER_Collage.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10668', 'article_category_id' => '266', 'title' => 'Qatar Airways Provides Food Items to Needy Families in Kathmandu', 'sub_title' => '', 'summary' => 'May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. ', 'content' => '<p> May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. The airline said in a statement that it collaborated with Qatar Charity to provide the food items on Saturday May 11 to mark the major festival of Muslims around the world.</p> <p> Each of the recipient family received 25 kg of rice, 3 kg of sugar, 5 kg of wheat flour, 3 kg of chickpeas, 1 kg of salt, 1 kg of sunflower seeds and 5 litres of sunflower oil, according to the statement.</p> <p> The company further said that the food items were collected through donations.</p> <p> “We are tremendously pleased to be able to provide these much-needed items to the families here in Kathmandu. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to the people of Nepal,” said Mohamed El Emam, country head of Qatar Airways for Nepal, adding, “The holy month of Ramadan reminds us of the importance of giving to others, and we are delighted to have been able to make a difference here in the local community of Kathmandu.”</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10419', 'image' => '20190512033538_Qatar-Airways.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10667', 'article_category_id' => '1', 'title' => 'Nepal a Lucrative Destination for Investment: NCC President', 'sub_title' => '', 'summary' => 'May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam.', 'content' => '<p> May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam. Highlighting the investment-friendly environment and stable government of the country during a conference in Hanoi, Vietnam on Friday (May 10), NCC President Rajesh Kazi Shrestha told the Vietnamese businessmen that it is the perfect time for investment in Nepal.</p> <p> During the event, Shrestha shared about the possibility of investment in hydropower, tourism and agriculture in Nepal.</p> <p> According to him, NCC and Vietnam Chamber of Commerce had signed a memorandum of understanding in 2018 for promotion of bilateral trade and economic cooperation. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10418', 'image' => '20190512042904_Clipboard12-4.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10666', 'article_category_id' => '1', 'title' => 'Hotels Business Booming in Birgunj ', 'sub_title' => '', 'summary' => 'May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation.', 'content' => '<p> May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation. In the recent period, investment in the hotel sector in Birgunj has observed a tremendous growth. However, the hotel business here is booming not because of tourists but due to business meetings.<br /> <br /> Hari Pant, chairman of hotel and tourism entrepreneurs association of Birgunj, says hotels in Birgunj are sustaining their business because of the guests of business houses but not tourists. <br /> <br /> “The hotels so far have been operating their business depending on the guests of industries and their business activities. They now need to extend their service targeting tourists as well," he added.<br /> <br /> Diyalo Lords Plaza, a three-star hotel in Birgunj, was established with Rs 1 billion investment and is likely to receive a four-star status very soon. Anil Kumar Rungta, owner of Diyalo Lords Plaza, says he invested in the hotel believing Birgunj to become a tourist destination in future. <br /> <br /> Previously, VVIP guests travelling to Birgunj were to travel twenty six kilometers away to Hotel Ichhya, Simara in absence of posh hotels. But now Diyalo Lords Plaza is expected to make the stay of VVIP guests remarkable within the city.<br /> <br /> Hotel depended on industries<br /> According to Pant top ranking business entrepreneurs and auditors coming to Birgunj and nearby industrial areas are mainly the targeted customers of the hotels in Birgunj and the hotels are benefiting from the ongoing construction of new industries being established in Bara-Parsa industrial corridor. <br /> <br /> Risk<br /> Hotel entrepreneurs inform hotels in Birgunj have received more than Rs 20 billion investment. According to the entrepreneurs the hotel business in Birgunj will be at risk if they have to continue the business depending on the guest of the industrial sector.<br /> "We should work to find ways for brining tourists or else hotels won’t be able to sustain additional investment," Pant added. He further said that the hotels are already having tough competition for service charge. <br /> "In the hotel business we sell services rather than commodities which is why we are observing tight competition. In the last one year alone six new big hotels have opened here for," he added. <br /> <br /> Birgunj for marriages<br /> In recent time the number of people arriving Birgunj from India for marriage ceremony has increased. Due to the lack of hotels in Raxaul (the closest Indian border to Birgunj) most of the Indians come to Birgunj and conduct the marriage ceremony. Such events have become a good source of earning for the hotels which almost earn Rs 1 million per marriage. According to sources the hotels in Birgunj charge comparatively less than the hotels in major Indian cities . The Hotel and Tourism Entrepreneurs Association has plans to conduct promotional campaign from Betiya, Darbhanga, Motihari, Narkatiya, Patna in Bihar to Kolkata of Bengal. The association aims to conduct “Let’s Go Birgunj” promotional campaign in the region. <br /> <br /> Casino<br /> According to Pant, small scale hotels have also been benefitting from the casinos operated by big hotels in Birgunj. The customers of casinos have been using the services of small hotels for accommodation. Hotel Vishwa, Suraj and Diyalo Lords are operating casino business in Birgunj. <br /> <br /> Pant further informed that hotels in Birgunj have also profited from the 'no alcohol policy' of the Bihar government. People from Bihar regularly visit hotels in Birgunj for consuming alcohol after the ban.<br /> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10417', 'image' => '20190512123044_Clipboard07-3.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10665', 'article_category_id' => '1', 'title' => 'Internet and TV Service Providers Threaten to Shut Down Services', 'sub_title' => '', 'summary' => 'May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.', 'content' => '<p> May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.</p> <p> The state-owned Nepal Electricity Authority has asked the service providers to clear their dues by Tuesday, warning that it will cut off the wires from the poles if the y failed to clear the dues. The NEA had hiked the rental charges of poles on July 17 last year.</p> <p> Meanwhile, the Internet and television service providers have protested against the decision of the NEA to hike the rental charges saying it is against the understanding reached with the government. They said that the government will be responsible for the shutdown of the services throughout the nation.</p> <p> According to Bhoj Raj Bhatta, president of the Internet Service Providers’ Association of Nepal, the shutdown of the service will directly hit the banking and other institutions.</p> <p> “The NEA should be ready to face criticism from consumers and institutions,” he added.</p> <p> According to the service providers, the pole users had to pay Rs 205 per pole in a municipality and Rs 50 in a rural municipality. The committee says the charges have been hiked by almost three folds for core wire, while the charges for fiber cable have been hiked by almost five times.</p> <p> The Internet service providers also claimed that the charges have been increased by 500 percent in Kathmandu valley, and 2,100 percent in rural areas.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10416', 'image' => '20190512121528_20190321014000_INternet.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10664', 'article_category_id' => '1', 'title' => 'Social Security Scheme Draws Lukewarm Response from Employers Due to Unclear Policies', 'sub_title' => '', 'summary' => 'May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. ', 'content' => '<p> May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. Although the scheme seems to be ambitious, there has been little participation from the employers due to some ambiguous policies. The government has not been able to clarify the issue of pension under this scheme.</p> <p> “The government has not clearly stated when and how the pension will be distributed,” says Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).</p> <p> According to government data, altogether 2,536 employers have agreed to support the government in the new scheme as of now. Among them, the Social Security Fund of the government has shortlisted 1,281 employers. Meanwhile, 5,668 employees have filed applications for being listed in the scheme.</p> <p> Golchha blames the drawbacks of the government for the lackluster participation of employers in the scheme. Although a majority of employers and workers were excited about the new scheme, they are still confused about the pension scheme due to the lack of clarity in its provisions, argues Golchha.</p> <p> He says that the workers are hesitant to take part in this scheme as they have failed to obtain clear information about the pension provision.</p> <p> “We tell the workers that they should be a part of this scheme, but they themselves are hesitant to join,” says Golchha. “How can we forcefully include them in the scheme against their will?” he asked.</p> <p> Golchha says that the government must first make the employers as well as the workers clear about the provisions of the scheme.</p> <p> Meanwhile, chief of the Central Discipline Inspection Commission of the General Federation of Nepalese Trade Union (GFONT), Bishnu Lamsal, said that the scheme has not seen enthusiastic participation of employers as well as workers due to “the wrong intention of some employers.”</p> <p> “The government needs to inform the employers who have not yet turned up. It should also clarify if there are any ambiguities,” he said.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10415', 'image' => '20190512112605_20190106090244_Clipboard03.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10663', 'article_category_id' => '1', 'title' => 'NRB Directs BFIs not to Lure Depositors with Gifts', 'sub_title' => '', 'summary' => 'May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. ', 'content' => '<p> May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. A circular issued by the central bank on Thursday says that BFIs cannot announce schemes offering gold and silver coins, birthday cakes, among other similar incentives, to attract deposits.</p> <p> NRB’s acting executive director Bam Kumar Mishra said that the central bank announced such measures due to the unhealthy competition in the market to lure depositors.</p> <p> “Such offers increase the expenditure of the banks and will ultimately result in the rise of interest rates,” said Mishra.</p> <p> Earlier, the central bank had ordered the BFIs not to announce any scheme involving a lucky draw to attract depositors.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10414', 'image' => '20190512110319_NRB-Image-1.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10661', 'article_category_id' => '1', 'title' => 'NepaliTravellers Announces Applications for Solo Woman Travel Challenge', 'sub_title' => 'Five women to receive a fully-funded travel grant under Solo Woman Travel Challenge 2019', 'summary' => 'May 10: NepaliTravellers, an organization that supports and inspires Nepali travellers to explore Nepal and the world, has announced application for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA).', 'content' => '<p> May 10: NepaliTravellers, an organisation which supports and inspires Nepali travellers to explore Nepal and the world, has announced that applications are open for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA) 2019.</p> <p> NepaliTravellers said in a statement that it has been organising the Solo Woman Travel Challenge, a travel grant competition for women travellers to explore the natural landscape and diverse cultural heritages of the country, since 2015.</p> <p> NepaliTravellers claimed it has so far provided fully-funded grants and mentorships to 42 Nepali women in their solo travels since 2015. The platform also creates and publishes travel contents that are intimate and localized on online and offline portals.</p> <p> <img alt="" src="/app/webroot/userfiles/images/solo%20traval%20%282%29%281%29.jpg" style="width: 800px; height: 600px;" /></p> <p> Prior to the travel, the organisation provides the travellers with training on wilderness first-aid, self-defense and visual storytelling to facilitate the travel plans.</p> <p> This year, the organisation will be sending five “dynamic and bold” women travellers on their solo journeys across Nepal under the challenge.</p> <p> “They will leave for their travel between August 30 and November 30, for a period of at least 10 days,” the statement said.</p> <p> The applications are open from May 10 to June 10.</p> <p> One out of the five contestants will be selected as Miss NepaliTravellers, who will be representing NepaliTravellers at global platforms.</p> <p> NepaliTravellers will provide full funding and support to Miss NepaliTravellers for her international solo travel at least for one month. According to the organisation’s website, Pooja Rijal is the current Miss NepaliTravellers.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10413', 'image' => '20190510042232_solo traval (1).jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10662', 'article_category_id' => '1', 'title' => 'Rana Becomes First Woman to Lead HAN', 'sub_title' => '', 'summary' => 'May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN).', 'content' => '<p> May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN). The 46<sup>th</sup> annual general assembly of HAN on Thursday elected Rana unopposed to the post. This is the first time that a woman has been elected as the president of HAN. The AGM held at Soaltee Crowne Plaza elected Rana, the proprietor of Annapurna Hotel, for a two-year term.</p> <p> Likewise, Binayak Shah of Hotel Airport has been elected the first vice president of the association. Other elected office bearers of HAN include Prabin Pandey of Hotel Shangrila (second vice president), Sajan Shakya of Kathmandu Prince Hotel (general secretary) and Bishal Kumar of Hotel Vaishali (secretary).</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10412', 'image' => '20190510044449_Shreejana-Rana.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10660', 'article_category_id' => '266', 'title' => 'JGI Launches Red Russian in Nepal', 'sub_title' => '', 'summary' => 'May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.', 'content' => '<div> <p> May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.</p> <p> The company said in a statement that it has introduced Red Russian, a “superior clear spirit” that is exceptionally smooth and pure and made from the finest grains and pure Himalayan water using state-of-the art distillation, fermentation, and filtration technologies from Russia.</p> <p> “Red Russian is triple distilled for extra smoothness and 12 times filtered for a fresh and clean finish, using only the very best of grains and Russian technology to retain the traditional authenticity of its origins and the versatility of the spirit. We set very high standards in our production, but we also want it to be enjoyed at an affordable price,” said Sashin Joshi, group executive director of JGI.</p> <p> The product will be available nationwide in 750 ml, 375 ml and 180ml bottles priced at Rs 1,000, Rs 500 and Rs 250, respectively.</p> </div> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10411', 'image' => '20190512032600_red russian.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10659', 'article_category_id' => '1', 'title' => 'Tatopani Customs Point to Reopen from June 20', 'sub_title' => '', 'summary' => 'May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. ', 'content' => '<div> May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. China has informed Nepal that it will complete the infrastructure including the friendship bridge by the time and hand over the customs point to Nepal.</div> <div> </div> <div> Secretary at the Ministry of Industry, Commerce and Supplies, Kedar Bahadur Adhikari, informed New Business Age that China has sent a letter to Nepal in this regard.</div> <div> </div> <div> The main trade route between Nepal and China had remained closed since the earthquake of 2015 devastated the area. Following the destruction, China had press for operating Kerung-Rasuwagadi route for trade with Nepal. However, the Government of Nepal and the locals of Tatopani have been urging China to reopen the Tatopani route because it has all the necessary infrastructures including a two-lane road and is 60 km shorter than the Kerung-Rasuwagadi route.</div> <div> </div> <div> Considering this, China has agreed to resume the Tatopani route as an international trade point, said the officials of Nepal government.</div> <div> </div> <div> However, China has shown reluctance to open the Tatopani border the Chinese Army found out about the activities of Tibetan refugees in Nepal during the rescue operation after the catastrophic earthquake. China had been complaining to Nepal about the issue through unofficial channels since then while the government officials of Nepal claimed that they have addressed the concerns of China.</div> <div> </div> <div> After learning that China was interested in reopening the Tatopani border in 2016, Nepal started reconstruction of the Araniko Highway to connect with Tatopani.</div> <div> </div> <div> Secretary Adhikari said, “The reconstruction work is about to complete.” He further said that the construction of the friendship bridge has reached the final stage.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10410', 'image' => '20190510014655_Clipboard04-2.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10658', 'article_category_id' => '237', 'title' => 'Vivo Launches APEX 2019 in Nepal', 'sub_title' => '', 'summary' => 'May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.', 'content' => '<p> May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.</p> <p> The company said in a statement that the ‘super unibody’ concept of Vivo aims to make the display even more exclusive.</p> <p> According to the company, a super unibody phone looks distinctive and is comfortable to hold because it has fewer ports.</p> <p> The APEX 2019 features full-display fingerprint scanning with the sensor covering almost the entire display allowing users to unlock the phone by touching almost anywhere on the display.</p> <p> APEX 2019 runs on a Qualcomm Snapdragon 855 platform, with a super-large memory of 12GB + 256GB. It is also a 5G phone capable of handling a variety of user scenarios.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10409', 'image' => '20190510012054_Vivo_Nepal_Apex-2019_1.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10657', 'article_category_id' => '1', 'title' => 'Application Open for Nari Udhyami Seed Camp', 'sub_title' => '', 'summary' => 'May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.', 'content' => '<p> May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.</p> <p> Issuing a statement, Udhyami Innovations said that the Nabil Nari Udhyami Seed camp is a business bootcamp dedicated to providing a platform to women co-founders with creative business ideas.</p> <p> “Udhyami Innovations, together with Nabil Bank, strongly believes in gender diversity and its potential in Nepal’s growing entrepreneurial ecosystem and that Nepali women must be given equal opportunities to realize their ideas into ventures,” says the statement.</p> <p> According to the company, the seed camp aims to identify some of the best ideas of startups led by women and provide them with the required resources to help them refine their business ideas, grow their networks, form profitable business connections and kick-start their entrepreneurial journeys.</p> <p> The application was announced on May 9. Of the total applicants, the selected 20 teams will go through a tried and tested entrepreneurship programme at the bootcamp, according to Prabha Timilsina, programme coordinator of Udhyami Innovations.</p> <p> “They will be provided with full-fledged mentorship and guidance from entrepreneurs and experts, access to an entrepreneurial community, assistance in developing their business models, refining and validating their business ideas with the objective of kick-starting their ideas into businesses,” added Sharad KC, business and partnership coordinator of the programme.</p> <p> On the final day of the bootcamp ‘Pitch Day’, the teams will pitch their business ideas to the investors and other selected stakeholders to secure the seed money.</p> <p> Following the bootcamp, the teams will carry out intense research, work on their business models for a month and again will make an investment pitch at a larger scale during the ‘Demo Day’, according to the statement.</p> <p> Since the inception of the camp in 2017, it has helped 48 teams and 119 individuals realize the entrepreneurs inside them, enabled more than 60 senior entrepreneurs and experts to share their insights, and provided investors opportunities to invest in the best entrepreneurial people and ideas, according to the organisers. Three teams have succeeded in securing investment and are working to scale up their ventures while five other teams have received investment commitment from interested investors.</p> <p> Seeing an incredible impact of the programme in earlier editions, Nabil Bank said it is supporting Udhyami Seed Camp with the objective of uplifting women entrepreneurship in Nepal.</p> <p> The application deadline for the Nabil Nari Udhyami Seed Camp is June 9.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10408', 'image' => '20190510010335_nabil.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10656', 'article_category_id' => '218', 'title' => 'Kumari Bank Holds AGM', 'sub_title' => '', 'summary' => 'May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. ', 'content' => '<div> May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. The 17th and 18th Annual General Meeting (AGM) of the bank jointly held on May 9 approved the decision of the bank to issue the bonus shares.</div> <div> </div> <div> The paid-up capital of the bank is expected to reach Rs 8.68 billion after issuing the bonus shares.</div> <div> </div> <div> The total deposit of the bank as of Chaitra 2075/76 is Rs 77.29 billion and the loan provided by the bank is Rs 73.24 billion.</div> <div> </div> <div> Meanwhile, the bank said its operating profit so far has been Rs 1.42 billion and the net profit Rs 1.00 billion.</div> <div> </div> <div> The bank has been providing its services with a network of 88 branches, 83 ATMs, three extension counters and three branchless banking facilities across the country.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10407', 'image' => '20190510124313_kuamri.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10671', 'article_category_id' => '1', 'title' => 'Everest Bank Launches Home Loan Scheme with EMI as low as Rs 9,599', 'sub_title' => '', 'summary' => 'May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families.', 'content' => '<p> May 13: Everest Bank has launched a home loan scheme targeting the middle class and lower-middle class families. According to the bank, the scheme comes with an equated monthly installment (EMI) as low as Rs 9,599. The scheme has been launched with the tagline “When the bank’s EMI is lower than the house rent then it’s better to pay bank’s EMI than the rent”.</p> <p> The bank said in a statement that the campaign has been launched with a special discount of 25 per cent on service charge with a loan term of 25 years.</p> <p> The bank has urged everyone to utilize the campaign and fulfill the dream of having their own house.</p> <p> Everest Bank said it currently has a customer base of over 1 million people and is providing banking services through its network of 94 branches, 28 revenue collection counters, and 116 ATMs across the country. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '10421', 'image' => '20190512043849_Mnemonic.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10669', 'article_category_id' => '266', 'title' => 'Sprite Awards 914,000 Winners', 'sub_title' => '', 'summary' => 'May 12: Sprites’ Double Dose Refresh Pani Recharge Pani campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.', 'content' => '<p> May 12: Sprites’ <em>Double Dose Refresh Pani Recharge Pani</em> campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.</p> <p> According to the company, 62 lucky winners received a Samsung Galaxy Note 9 under the campaign. The offer was applicable on 250 ml returnable glass bottle (RCB) packs of Coca-Cola, Sprite, Fanta Orange, Fanta Lemon and Kinley Soda.</p> <p> Ambuj Singh, country director of Coca-Cola Nepal, said, “We are very glad to see increased engagements and excitements of consumers in Sprite’s campaigns which refresh and recharge the end consumers. A campaign of this scale can only be successful with the joint efforts of our implementation partners and our valued retailers, who helped us, make this campaign reach out to end consumers and also we are thankful to our newly-appointed brand ambassador Anmol KC for his contribution. ” </p> <p> He also thanked the consumers for their active participation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10420', 'image' => '20190512033626_Sprite_DoubleDose_WINNER_Collage.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10668', 'article_category_id' => '266', 'title' => 'Qatar Airways Provides Food Items to Needy Families in Kathmandu', 'sub_title' => '', 'summary' => 'May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. ', 'content' => '<p> May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. The airline said in a statement that it collaborated with Qatar Charity to provide the food items on Saturday May 11 to mark the major festival of Muslims around the world.</p> <p> Each of the recipient family received 25 kg of rice, 3 kg of sugar, 5 kg of wheat flour, 3 kg of chickpeas, 1 kg of salt, 1 kg of sunflower seeds and 5 litres of sunflower oil, according to the statement.</p> <p> The company further said that the food items were collected through donations.</p> <p> “We are tremendously pleased to be able to provide these much-needed items to the families here in Kathmandu. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to the people of Nepal,” said Mohamed El Emam, country head of Qatar Airways for Nepal, adding, “The holy month of Ramadan reminds us of the importance of giving to others, and we are delighted to have been able to make a difference here in the local community of Kathmandu.”</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10419', 'image' => '20190512033538_Qatar-Airways.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10667', 'article_category_id' => '1', 'title' => 'Nepal a Lucrative Destination for Investment: NCC President', 'sub_title' => '', 'summary' => 'May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam.', 'content' => '<p> May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam. Highlighting the investment-friendly environment and stable government of the country during a conference in Hanoi, Vietnam on Friday (May 10), NCC President Rajesh Kazi Shrestha told the Vietnamese businessmen that it is the perfect time for investment in Nepal.</p> <p> During the event, Shrestha shared about the possibility of investment in hydropower, tourism and agriculture in Nepal.</p> <p> According to him, NCC and Vietnam Chamber of Commerce had signed a memorandum of understanding in 2018 for promotion of bilateral trade and economic cooperation. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10418', 'image' => '20190512042904_Clipboard12-4.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10666', 'article_category_id' => '1', 'title' => 'Hotels Business Booming in Birgunj ', 'sub_title' => '', 'summary' => 'May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation.', 'content' => '<p> May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation. In the recent period, investment in the hotel sector in Birgunj has observed a tremendous growth. However, the hotel business here is booming not because of tourists but due to business meetings.<br /> <br /> Hari Pant, chairman of hotel and tourism entrepreneurs association of Birgunj, says hotels in Birgunj are sustaining their business because of the guests of business houses but not tourists. <br /> <br /> “The hotels so far have been operating their business depending on the guests of industries and their business activities. They now need to extend their service targeting tourists as well," he added.<br /> <br /> Diyalo Lords Plaza, a three-star hotel in Birgunj, was established with Rs 1 billion investment and is likely to receive a four-star status very soon. Anil Kumar Rungta, owner of Diyalo Lords Plaza, says he invested in the hotel believing Birgunj to become a tourist destination in future. <br /> <br /> Previously, VVIP guests travelling to Birgunj were to travel twenty six kilometers away to Hotel Ichhya, Simara in absence of posh hotels. But now Diyalo Lords Plaza is expected to make the stay of VVIP guests remarkable within the city.<br /> <br /> Hotel depended on industries<br /> According to Pant top ranking business entrepreneurs and auditors coming to Birgunj and nearby industrial areas are mainly the targeted customers of the hotels in Birgunj and the hotels are benefiting from the ongoing construction of new industries being established in Bara-Parsa industrial corridor. <br /> <br /> Risk<br /> Hotel entrepreneurs inform hotels in Birgunj have received more than Rs 20 billion investment. According to the entrepreneurs the hotel business in Birgunj will be at risk if they have to continue the business depending on the guest of the industrial sector.<br /> "We should work to find ways for brining tourists or else hotels won’t be able to sustain additional investment," Pant added. He further said that the hotels are already having tough competition for service charge. <br /> "In the hotel business we sell services rather than commodities which is why we are observing tight competition. In the last one year alone six new big hotels have opened here for," he added. <br /> <br /> Birgunj for marriages<br /> In recent time the number of people arriving Birgunj from India for marriage ceremony has increased. Due to the lack of hotels in Raxaul (the closest Indian border to Birgunj) most of the Indians come to Birgunj and conduct the marriage ceremony. Such events have become a good source of earning for the hotels which almost earn Rs 1 million per marriage. According to sources the hotels in Birgunj charge comparatively less than the hotels in major Indian cities . The Hotel and Tourism Entrepreneurs Association has plans to conduct promotional campaign from Betiya, Darbhanga, Motihari, Narkatiya, Patna in Bihar to Kolkata of Bengal. The association aims to conduct “Let’s Go Birgunj” promotional campaign in the region. <br /> <br /> Casino<br /> According to Pant, small scale hotels have also been benefitting from the casinos operated by big hotels in Birgunj. The customers of casinos have been using the services of small hotels for accommodation. Hotel Vishwa, Suraj and Diyalo Lords are operating casino business in Birgunj. <br /> <br /> Pant further informed that hotels in Birgunj have also profited from the 'no alcohol policy' of the Bihar government. People from Bihar regularly visit hotels in Birgunj for consuming alcohol after the ban.<br /> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10417', 'image' => '20190512123044_Clipboard07-3.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10665', 'article_category_id' => '1', 'title' => 'Internet and TV Service Providers Threaten to Shut Down Services', 'sub_title' => '', 'summary' => 'May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.', 'content' => '<p> May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.</p> <p> The state-owned Nepal Electricity Authority has asked the service providers to clear their dues by Tuesday, warning that it will cut off the wires from the poles if the y failed to clear the dues. The NEA had hiked the rental charges of poles on July 17 last year.</p> <p> Meanwhile, the Internet and television service providers have protested against the decision of the NEA to hike the rental charges saying it is against the understanding reached with the government. They said that the government will be responsible for the shutdown of the services throughout the nation.</p> <p> According to Bhoj Raj Bhatta, president of the Internet Service Providers’ Association of Nepal, the shutdown of the service will directly hit the banking and other institutions.</p> <p> “The NEA should be ready to face criticism from consumers and institutions,” he added.</p> <p> According to the service providers, the pole users had to pay Rs 205 per pole in a municipality and Rs 50 in a rural municipality. The committee says the charges have been hiked by almost three folds for core wire, while the charges for fiber cable have been hiked by almost five times.</p> <p> The Internet service providers also claimed that the charges have been increased by 500 percent in Kathmandu valley, and 2,100 percent in rural areas.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10416', 'image' => '20190512121528_20190321014000_INternet.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10664', 'article_category_id' => '1', 'title' => 'Social Security Scheme Draws Lukewarm Response from Employers Due to Unclear Policies', 'sub_title' => '', 'summary' => 'May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. ', 'content' => '<p> May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. Although the scheme seems to be ambitious, there has been little participation from the employers due to some ambiguous policies. The government has not been able to clarify the issue of pension under this scheme.</p> <p> “The government has not clearly stated when and how the pension will be distributed,” says Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).</p> <p> According to government data, altogether 2,536 employers have agreed to support the government in the new scheme as of now. Among them, the Social Security Fund of the government has shortlisted 1,281 employers. Meanwhile, 5,668 employees have filed applications for being listed in the scheme.</p> <p> Golchha blames the drawbacks of the government for the lackluster participation of employers in the scheme. Although a majority of employers and workers were excited about the new scheme, they are still confused about the pension scheme due to the lack of clarity in its provisions, argues Golchha.</p> <p> He says that the workers are hesitant to take part in this scheme as they have failed to obtain clear information about the pension provision.</p> <p> “We tell the workers that they should be a part of this scheme, but they themselves are hesitant to join,” says Golchha. “How can we forcefully include them in the scheme against their will?” he asked.</p> <p> Golchha says that the government must first make the employers as well as the workers clear about the provisions of the scheme.</p> <p> Meanwhile, chief of the Central Discipline Inspection Commission of the General Federation of Nepalese Trade Union (GFONT), Bishnu Lamsal, said that the scheme has not seen enthusiastic participation of employers as well as workers due to “the wrong intention of some employers.”</p> <p> “The government needs to inform the employers who have not yet turned up. It should also clarify if there are any ambiguities,” he said.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10415', 'image' => '20190512112605_20190106090244_Clipboard03.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10663', 'article_category_id' => '1', 'title' => 'NRB Directs BFIs not to Lure Depositors with Gifts', 'sub_title' => '', 'summary' => 'May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. ', 'content' => '<p> May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. A circular issued by the central bank on Thursday says that BFIs cannot announce schemes offering gold and silver coins, birthday cakes, among other similar incentives, to attract deposits.</p> <p> NRB’s acting executive director Bam Kumar Mishra said that the central bank announced such measures due to the unhealthy competition in the market to lure depositors.</p> <p> “Such offers increase the expenditure of the banks and will ultimately result in the rise of interest rates,” said Mishra.</p> <p> Earlier, the central bank had ordered the BFIs not to announce any scheme involving a lucky draw to attract depositors.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10414', 'image' => '20190512110319_NRB-Image-1.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10661', 'article_category_id' => '1', 'title' => 'NepaliTravellers Announces Applications for Solo Woman Travel Challenge', 'sub_title' => 'Five women to receive a fully-funded travel grant under Solo Woman Travel Challenge 2019', 'summary' => 'May 10: NepaliTravellers, an organization that supports and inspires Nepali travellers to explore Nepal and the world, has announced application for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA).', 'content' => '<p> May 10: NepaliTravellers, an organisation which supports and inspires Nepali travellers to explore Nepal and the world, has announced that applications are open for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA) 2019.</p> <p> NepaliTravellers said in a statement that it has been organising the Solo Woman Travel Challenge, a travel grant competition for women travellers to explore the natural landscape and diverse cultural heritages of the country, since 2015.</p> <p> NepaliTravellers claimed it has so far provided fully-funded grants and mentorships to 42 Nepali women in their solo travels since 2015. The platform also creates and publishes travel contents that are intimate and localized on online and offline portals.</p> <p> <img alt="" src="/app/webroot/userfiles/images/solo%20traval%20%282%29%281%29.jpg" style="width: 800px; height: 600px;" /></p> <p> Prior to the travel, the organisation provides the travellers with training on wilderness first-aid, self-defense and visual storytelling to facilitate the travel plans.</p> <p> This year, the organisation will be sending five “dynamic and bold” women travellers on their solo journeys across Nepal under the challenge.</p> <p> “They will leave for their travel between August 30 and November 30, for a period of at least 10 days,” the statement said.</p> <p> The applications are open from May 10 to June 10.</p> <p> One out of the five contestants will be selected as Miss NepaliTravellers, who will be representing NepaliTravellers at global platforms.</p> <p> NepaliTravellers will provide full funding and support to Miss NepaliTravellers for her international solo travel at least for one month. According to the organisation’s website, Pooja Rijal is the current Miss NepaliTravellers.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10413', 'image' => '20190510042232_solo traval (1).jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10662', 'article_category_id' => '1', 'title' => 'Rana Becomes First Woman to Lead HAN', 'sub_title' => '', 'summary' => 'May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN).', 'content' => '<p> May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN). The 46<sup>th</sup> annual general assembly of HAN on Thursday elected Rana unopposed to the post. This is the first time that a woman has been elected as the president of HAN. The AGM held at Soaltee Crowne Plaza elected Rana, the proprietor of Annapurna Hotel, for a two-year term.</p> <p> Likewise, Binayak Shah of Hotel Airport has been elected the first vice president of the association. Other elected office bearers of HAN include Prabin Pandey of Hotel Shangrila (second vice president), Sajan Shakya of Kathmandu Prince Hotel (general secretary) and Bishal Kumar of Hotel Vaishali (secretary).</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10412', 'image' => '20190510044449_Shreejana-Rana.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10660', 'article_category_id' => '266', 'title' => 'JGI Launches Red Russian in Nepal', 'sub_title' => '', 'summary' => 'May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.', 'content' => '<div> <p> May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.</p> <p> The company said in a statement that it has introduced Red Russian, a “superior clear spirit” that is exceptionally smooth and pure and made from the finest grains and pure Himalayan water using state-of-the art distillation, fermentation, and filtration technologies from Russia.</p> <p> “Red Russian is triple distilled for extra smoothness and 12 times filtered for a fresh and clean finish, using only the very best of grains and Russian technology to retain the traditional authenticity of its origins and the versatility of the spirit. We set very high standards in our production, but we also want it to be enjoyed at an affordable price,” said Sashin Joshi, group executive director of JGI.</p> <p> The product will be available nationwide in 750 ml, 375 ml and 180ml bottles priced at Rs 1,000, Rs 500 and Rs 250, respectively.</p> </div> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10411', 'image' => '20190512032600_red russian.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10659', 'article_category_id' => '1', 'title' => 'Tatopani Customs Point to Reopen from June 20', 'sub_title' => '', 'summary' => 'May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. ', 'content' => '<div> May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. China has informed Nepal that it will complete the infrastructure including the friendship bridge by the time and hand over the customs point to Nepal.</div> <div> </div> <div> Secretary at the Ministry of Industry, Commerce and Supplies, Kedar Bahadur Adhikari, informed New Business Age that China has sent a letter to Nepal in this regard.</div> <div> </div> <div> The main trade route between Nepal and China had remained closed since the earthquake of 2015 devastated the area. Following the destruction, China had press for operating Kerung-Rasuwagadi route for trade with Nepal. However, the Government of Nepal and the locals of Tatopani have been urging China to reopen the Tatopani route because it has all the necessary infrastructures including a two-lane road and is 60 km shorter than the Kerung-Rasuwagadi route.</div> <div> </div> <div> Considering this, China has agreed to resume the Tatopani route as an international trade point, said the officials of Nepal government.</div> <div> </div> <div> However, China has shown reluctance to open the Tatopani border the Chinese Army found out about the activities of Tibetan refugees in Nepal during the rescue operation after the catastrophic earthquake. China had been complaining to Nepal about the issue through unofficial channels since then while the government officials of Nepal claimed that they have addressed the concerns of China.</div> <div> </div> <div> After learning that China was interested in reopening the Tatopani border in 2016, Nepal started reconstruction of the Araniko Highway to connect with Tatopani.</div> <div> </div> <div> Secretary Adhikari said, “The reconstruction work is about to complete.” He further said that the construction of the friendship bridge has reached the final stage.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10410', 'image' => '20190510014655_Clipboard04-2.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10658', 'article_category_id' => '237', 'title' => 'Vivo Launches APEX 2019 in Nepal', 'sub_title' => '', 'summary' => 'May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.', 'content' => '<p> May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.</p> <p> The company said in a statement that the ‘super unibody’ concept of Vivo aims to make the display even more exclusive.</p> <p> According to the company, a super unibody phone looks distinctive and is comfortable to hold because it has fewer ports.</p> <p> The APEX 2019 features full-display fingerprint scanning with the sensor covering almost the entire display allowing users to unlock the phone by touching almost anywhere on the display.</p> <p> APEX 2019 runs on a Qualcomm Snapdragon 855 platform, with a super-large memory of 12GB + 256GB. It is also a 5G phone capable of handling a variety of user scenarios.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10409', 'image' => '20190510012054_Vivo_Nepal_Apex-2019_1.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10657', 'article_category_id' => '1', 'title' => 'Application Open for Nari Udhyami Seed Camp', 'sub_title' => '', 'summary' => 'May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.', 'content' => '<p> May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.</p> <p> Issuing a statement, Udhyami Innovations said that the Nabil Nari Udhyami Seed camp is a business bootcamp dedicated to providing a platform to women co-founders with creative business ideas.</p> <p> “Udhyami Innovations, together with Nabil Bank, strongly believes in gender diversity and its potential in Nepal’s growing entrepreneurial ecosystem and that Nepali women must be given equal opportunities to realize their ideas into ventures,” says the statement.</p> <p> According to the company, the seed camp aims to identify some of the best ideas of startups led by women and provide them with the required resources to help them refine their business ideas, grow their networks, form profitable business connections and kick-start their entrepreneurial journeys.</p> <p> The application was announced on May 9. Of the total applicants, the selected 20 teams will go through a tried and tested entrepreneurship programme at the bootcamp, according to Prabha Timilsina, programme coordinator of Udhyami Innovations.</p> <p> “They will be provided with full-fledged mentorship and guidance from entrepreneurs and experts, access to an entrepreneurial community, assistance in developing their business models, refining and validating their business ideas with the objective of kick-starting their ideas into businesses,” added Sharad KC, business and partnership coordinator of the programme.</p> <p> On the final day of the bootcamp ‘Pitch Day’, the teams will pitch their business ideas to the investors and other selected stakeholders to secure the seed money.</p> <p> Following the bootcamp, the teams will carry out intense research, work on their business models for a month and again will make an investment pitch at a larger scale during the ‘Demo Day’, according to the statement.</p> <p> Since the inception of the camp in 2017, it has helped 48 teams and 119 individuals realize the entrepreneurs inside them, enabled more than 60 senior entrepreneurs and experts to share their insights, and provided investors opportunities to invest in the best entrepreneurial people and ideas, according to the organisers. Three teams have succeeded in securing investment and are working to scale up their ventures while five other teams have received investment commitment from interested investors.</p> <p> Seeing an incredible impact of the programme in earlier editions, Nabil Bank said it is supporting Udhyami Seed Camp with the objective of uplifting women entrepreneurship in Nepal.</p> <p> The application deadline for the Nabil Nari Udhyami Seed Camp is June 9.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10408', 'image' => '20190510010335_nabil.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10656', 'article_category_id' => '218', 'title' => 'Kumari Bank Holds AGM', 'sub_title' => '', 'summary' => 'May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. ', 'content' => '<div> May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. The 17th and 18th Annual General Meeting (AGM) of the bank jointly held on May 9 approved the decision of the bank to issue the bonus shares.</div> <div> </div> <div> The paid-up capital of the bank is expected to reach Rs 8.68 billion after issuing the bonus shares.</div> <div> </div> <div> The total deposit of the bank as of Chaitra 2075/76 is Rs 77.29 billion and the loan provided by the bank is Rs 73.24 billion.</div> <div> </div> <div> Meanwhile, the bank said its operating profit so far has been Rs 1.42 billion and the net profit Rs 1.00 billion.</div> <div> </div> <div> The bank has been providing its services with a network of 88 branches, 83 ATMs, three extension counters and three branchless banking facilities across the country.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10407', 'image' => '20190510124313_kuamri.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ) ) $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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According to the bank, the scheme comes with an equated monthly installment (EMI) as low as Rs 9,599. The scheme has been launched with the tagline “When the bank’s EMI is lower than the house rent then it’s better to pay bank’s EMI than the rent”.</p> <p> The bank said in a statement that the campaign has been launched with a special discount of 25 per cent on service charge with a loan term of 25 years.</p> <p> The bank has urged everyone to utilize the campaign and fulfill the dream of having their own house.</p> <p> Everest Bank said it currently has a customer base of over 1 million people and is providing banking services through its network of 94 branches, 28 revenue collection counters, and 116 ATMs across the country. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '10421', 'image' => '20190512043849_Mnemonic.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10669', 'article_category_id' => '266', 'title' => 'Sprite Awards 914,000 Winners', 'sub_title' => '', 'summary' => 'May 12: Sprites’ Double Dose Refresh Pani Recharge Pani campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.', 'content' => '<p> May 12: Sprites’ <em>Double Dose Refresh Pani Recharge Pani</em> campaign has successfully concluded with over 914,000 consumers winning recharge talk time worth Rs 10 to Rs 10,000 during the campaign which had begun on February 1.</p> <p> According to the company, 62 lucky winners received a Samsung Galaxy Note 9 under the campaign. The offer was applicable on 250 ml returnable glass bottle (RCB) packs of Coca-Cola, Sprite, Fanta Orange, Fanta Lemon and Kinley Soda.</p> <p> Ambuj Singh, country director of Coca-Cola Nepal, said, “We are very glad to see increased engagements and excitements of consumers in Sprite’s campaigns which refresh and recharge the end consumers. A campaign of this scale can only be successful with the joint efforts of our implementation partners and our valued retailers, who helped us, make this campaign reach out to end consumers and also we are thankful to our newly-appointed brand ambassador Anmol KC for his contribution. ” </p> <p> He also thanked the consumers for their active participation.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10420', 'image' => '20190512033626_Sprite_DoubleDose_WINNER_Collage.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10668', 'article_category_id' => '266', 'title' => 'Qatar Airways Provides Food Items to Needy Families in Kathmandu', 'sub_title' => '', 'summary' => 'May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. ', 'content' => '<p> May 12: Qatar Airways has provided food items to needy families in Kathmandu on the occasion of the holy month of Ramadan. The airline said in a statement that it collaborated with Qatar Charity to provide the food items on Saturday May 11 to mark the major festival of Muslims around the world.</p> <p> Each of the recipient family received 25 kg of rice, 3 kg of sugar, 5 kg of wheat flour, 3 kg of chickpeas, 1 kg of salt, 1 kg of sunflower seeds and 5 litres of sunflower oil, according to the statement.</p> <p> The company further said that the food items were collected through donations.</p> <p> “We are tremendously pleased to be able to provide these much-needed items to the families here in Kathmandu. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to the people of Nepal,” said Mohamed El Emam, country head of Qatar Airways for Nepal, adding, “The holy month of Ramadan reminds us of the importance of giving to others, and we are delighted to have been able to make a difference here in the local community of Kathmandu.”</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10419', 'image' => '20190512033538_Qatar-Airways.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10667', 'article_category_id' => '1', 'title' => 'Nepal a Lucrative Destination for Investment: NCC President', 'sub_title' => '', 'summary' => 'May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam.', 'content' => '<p> May 12: Nepal Chamber of Commerce (NCC) has presented Nepal as a lucrative destination in terms of investment for Vietnam. Highlighting the investment-friendly environment and stable government of the country during a conference in Hanoi, Vietnam on Friday (May 10), NCC President Rajesh Kazi Shrestha told the Vietnamese businessmen that it is the perfect time for investment in Nepal.</p> <p> During the event, Shrestha shared about the possibility of investment in hydropower, tourism and agriculture in Nepal.</p> <p> According to him, NCC and Vietnam Chamber of Commerce had signed a memorandum of understanding in 2018 for promotion of bilateral trade and economic cooperation. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10418', 'image' => '20190512042904_Clipboard12-4.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10666', 'article_category_id' => '1', 'title' => 'Hotels Business Booming in Birgunj ', 'sub_title' => '', 'summary' => 'May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation.', 'content' => '<p> May 12: Birgunj, which is considered as a major trade route for the country, has sixty hotels of medium to small scale in operation. In the recent period, investment in the hotel sector in Birgunj has observed a tremendous growth. However, the hotel business here is booming not because of tourists but due to business meetings.<br /> <br /> Hari Pant, chairman of hotel and tourism entrepreneurs association of Birgunj, says hotels in Birgunj are sustaining their business because of the guests of business houses but not tourists. <br /> <br /> “The hotels so far have been operating their business depending on the guests of industries and their business activities. They now need to extend their service targeting tourists as well," he added.<br /> <br /> Diyalo Lords Plaza, a three-star hotel in Birgunj, was established with Rs 1 billion investment and is likely to receive a four-star status very soon. Anil Kumar Rungta, owner of Diyalo Lords Plaza, says he invested in the hotel believing Birgunj to become a tourist destination in future. <br /> <br /> Previously, VVIP guests travelling to Birgunj were to travel twenty six kilometers away to Hotel Ichhya, Simara in absence of posh hotels. But now Diyalo Lords Plaza is expected to make the stay of VVIP guests remarkable within the city.<br /> <br /> Hotel depended on industries<br /> According to Pant top ranking business entrepreneurs and auditors coming to Birgunj and nearby industrial areas are mainly the targeted customers of the hotels in Birgunj and the hotels are benefiting from the ongoing construction of new industries being established in Bara-Parsa industrial corridor. <br /> <br /> Risk<br /> Hotel entrepreneurs inform hotels in Birgunj have received more than Rs 20 billion investment. According to the entrepreneurs the hotel business in Birgunj will be at risk if they have to continue the business depending on the guest of the industrial sector.<br /> "We should work to find ways for brining tourists or else hotels won’t be able to sustain additional investment," Pant added. He further said that the hotels are already having tough competition for service charge. <br /> "In the hotel business we sell services rather than commodities which is why we are observing tight competition. In the last one year alone six new big hotels have opened here for," he added. <br /> <br /> Birgunj for marriages<br /> In recent time the number of people arriving Birgunj from India for marriage ceremony has increased. Due to the lack of hotels in Raxaul (the closest Indian border to Birgunj) most of the Indians come to Birgunj and conduct the marriage ceremony. Such events have become a good source of earning for the hotels which almost earn Rs 1 million per marriage. According to sources the hotels in Birgunj charge comparatively less than the hotels in major Indian cities . The Hotel and Tourism Entrepreneurs Association has plans to conduct promotional campaign from Betiya, Darbhanga, Motihari, Narkatiya, Patna in Bihar to Kolkata of Bengal. The association aims to conduct “Let’s Go Birgunj” promotional campaign in the region. <br /> <br /> Casino<br /> According to Pant, small scale hotels have also been benefitting from the casinos operated by big hotels in Birgunj. The customers of casinos have been using the services of small hotels for accommodation. Hotel Vishwa, Suraj and Diyalo Lords are operating casino business in Birgunj. <br /> <br /> Pant further informed that hotels in Birgunj have also profited from the 'no alcohol policy' of the Bihar government. People from Bihar regularly visit hotels in Birgunj for consuming alcohol after the ban.<br /> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10417', 'image' => '20190512123044_Clipboard07-3.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10665', 'article_category_id' => '1', 'title' => 'Internet and TV Service Providers Threaten to Shut Down Services', 'sub_title' => '', 'summary' => 'May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.', 'content' => '<p> May 12: Television and Internet service providers’ have threatened to shut down television and Internet services across the country due to the hike in the rental fees by the Nepal Electricity Authority for using its poles.</p> <p> The state-owned Nepal Electricity Authority has asked the service providers to clear their dues by Tuesday, warning that it will cut off the wires from the poles if the y failed to clear the dues. The NEA had hiked the rental charges of poles on July 17 last year.</p> <p> Meanwhile, the Internet and television service providers have protested against the decision of the NEA to hike the rental charges saying it is against the understanding reached with the government. They said that the government will be responsible for the shutdown of the services throughout the nation.</p> <p> According to Bhoj Raj Bhatta, president of the Internet Service Providers’ Association of Nepal, the shutdown of the service will directly hit the banking and other institutions.</p> <p> “The NEA should be ready to face criticism from consumers and institutions,” he added.</p> <p> According to the service providers, the pole users had to pay Rs 205 per pole in a municipality and Rs 50 in a rural municipality. The committee says the charges have been hiked by almost three folds for core wire, while the charges for fiber cable have been hiked by almost five times.</p> <p> The Internet service providers also claimed that the charges have been increased by 500 percent in Kathmandu valley, and 2,100 percent in rural areas.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10416', 'image' => '20190512121528_20190321014000_INternet.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10664', 'article_category_id' => '1', 'title' => 'Social Security Scheme Draws Lukewarm Response from Employers Due to Unclear Policies', 'sub_title' => '', 'summary' => 'May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. ', 'content' => '<p> May 12: The contribution-based social security scheme announced by the government with much fanfare has received only a lukewarm response from employers. Although the scheme seems to be ambitious, there has been little participation from the employers due to some ambiguous policies. The government has not been able to clarify the issue of pension under this scheme.</p> <p> “The government has not clearly stated when and how the pension will be distributed,” says Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).</p> <p> According to government data, altogether 2,536 employers have agreed to support the government in the new scheme as of now. Among them, the Social Security Fund of the government has shortlisted 1,281 employers. Meanwhile, 5,668 employees have filed applications for being listed in the scheme.</p> <p> Golchha blames the drawbacks of the government for the lackluster participation of employers in the scheme. Although a majority of employers and workers were excited about the new scheme, they are still confused about the pension scheme due to the lack of clarity in its provisions, argues Golchha.</p> <p> He says that the workers are hesitant to take part in this scheme as they have failed to obtain clear information about the pension provision.</p> <p> “We tell the workers that they should be a part of this scheme, but they themselves are hesitant to join,” says Golchha. “How can we forcefully include them in the scheme against their will?” he asked.</p> <p> Golchha says that the government must first make the employers as well as the workers clear about the provisions of the scheme.</p> <p> Meanwhile, chief of the Central Discipline Inspection Commission of the General Federation of Nepalese Trade Union (GFONT), Bishnu Lamsal, said that the scheme has not seen enthusiastic participation of employers as well as workers due to “the wrong intention of some employers.”</p> <p> “The government needs to inform the employers who have not yet turned up. It should also clarify if there are any ambiguities,” he said.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10415', 'image' => '20190512112605_20190106090244_Clipboard03.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10663', 'article_category_id' => '1', 'title' => 'NRB Directs BFIs not to Lure Depositors with Gifts', 'sub_title' => '', 'summary' => 'May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. ', 'content' => '<p> May 12: Nepal Rastra Bank (NRB) has prohibited banks and financial institutions (BFIs) from luring depositors by offering gifts. A circular issued by the central bank on Thursday says that BFIs cannot announce schemes offering gold and silver coins, birthday cakes, among other similar incentives, to attract deposits.</p> <p> NRB’s acting executive director Bam Kumar Mishra said that the central bank announced such measures due to the unhealthy competition in the market to lure depositors.</p> <p> “Such offers increase the expenditure of the banks and will ultimately result in the rise of interest rates,” said Mishra.</p> <p> Earlier, the central bank had ordered the BFIs not to announce any scheme involving a lucky draw to attract depositors.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-12', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10414', 'image' => '20190512110319_NRB-Image-1.jpg', 'article_date' => '2019-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10661', 'article_category_id' => '1', 'title' => 'NepaliTravellers Announces Applications for Solo Woman Travel Challenge', 'sub_title' => 'Five women to receive a fully-funded travel grant under Solo Woman Travel Challenge 2019', 'summary' => 'May 10: NepaliTravellers, an organization that supports and inspires Nepali travellers to explore Nepal and the world, has announced application for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA).', 'content' => '<p> May 10: NepaliTravellers, an organisation which supports and inspires Nepali travellers to explore Nepal and the world, has announced that applications are open for interested candidates to undertake a fully funded solo journey across Nepal for the Solo Woman Travel Challenge (SWO-YATRA) 2019.</p> <p> NepaliTravellers said in a statement that it has been organising the Solo Woman Travel Challenge, a travel grant competition for women travellers to explore the natural landscape and diverse cultural heritages of the country, since 2015.</p> <p> NepaliTravellers claimed it has so far provided fully-funded grants and mentorships to 42 Nepali women in their solo travels since 2015. The platform also creates and publishes travel contents that are intimate and localized on online and offline portals.</p> <p> <img alt="" src="/app/webroot/userfiles/images/solo%20traval%20%282%29%281%29.jpg" style="width: 800px; height: 600px;" /></p> <p> Prior to the travel, the organisation provides the travellers with training on wilderness first-aid, self-defense and visual storytelling to facilitate the travel plans.</p> <p> This year, the organisation will be sending five “dynamic and bold” women travellers on their solo journeys across Nepal under the challenge.</p> <p> “They will leave for their travel between August 30 and November 30, for a period of at least 10 days,” the statement said.</p> <p> The applications are open from May 10 to June 10.</p> <p> One out of the five contestants will be selected as Miss NepaliTravellers, who will be representing NepaliTravellers at global platforms.</p> <p> NepaliTravellers will provide full funding and support to Miss NepaliTravellers for her international solo travel at least for one month. According to the organisation’s website, Pooja Rijal is the current Miss NepaliTravellers.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10413', 'image' => '20190510042232_solo traval (1).jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10662', 'article_category_id' => '1', 'title' => 'Rana Becomes First Woman to Lead HAN', 'sub_title' => '', 'summary' => 'May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN).', 'content' => '<p> May 10: Shrijana Rana has been elected as the president of Hotel Association of Nepal (HAN). The 46<sup>th</sup> annual general assembly of HAN on Thursday elected Rana unopposed to the post. This is the first time that a woman has been elected as the president of HAN. The AGM held at Soaltee Crowne Plaza elected Rana, the proprietor of Annapurna Hotel, for a two-year term.</p> <p> Likewise, Binayak Shah of Hotel Airport has been elected the first vice president of the association. Other elected office bearers of HAN include Prabin Pandey of Hotel Shangrila (second vice president), Sajan Shakya of Kathmandu Prince Hotel (general secretary) and Bishal Kumar of Hotel Vaishali (secretary).</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10412', 'image' => '20190510044449_Shreejana-Rana.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10660', 'article_category_id' => '266', 'title' => 'JGI Launches Red Russian in Nepal', 'sub_title' => '', 'summary' => 'May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.', 'content' => '<div> <p> May 10: Jawalakhel Group of Industries (JGI) has launched a new product in the Nepali market.</p> <p> The company said in a statement that it has introduced Red Russian, a “superior clear spirit” that is exceptionally smooth and pure and made from the finest grains and pure Himalayan water using state-of-the art distillation, fermentation, and filtration technologies from Russia.</p> <p> “Red Russian is triple distilled for extra smoothness and 12 times filtered for a fresh and clean finish, using only the very best of grains and Russian technology to retain the traditional authenticity of its origins and the versatility of the spirit. We set very high standards in our production, but we also want it to be enjoyed at an affordable price,” said Sashin Joshi, group executive director of JGI.</p> <p> The product will be available nationwide in 750 ml, 375 ml and 180ml bottles priced at Rs 1,000, Rs 500 and Rs 250, respectively.</p> </div> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '10411', 'image' => '20190512032600_red russian.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10659', 'article_category_id' => '1', 'title' => 'Tatopani Customs Point to Reopen from June 20', 'sub_title' => '', 'summary' => 'May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. ', 'content' => '<div> May 10: The earthquake ravaged Tatopani customs point, a vital trade route linking Nepal with northern neighbour China, will reopen from June 20. China has informed Nepal that it will complete the infrastructure including the friendship bridge by the time and hand over the customs point to Nepal.</div> <div> </div> <div> Secretary at the Ministry of Industry, Commerce and Supplies, Kedar Bahadur Adhikari, informed New Business Age that China has sent a letter to Nepal in this regard.</div> <div> </div> <div> The main trade route between Nepal and China had remained closed since the earthquake of 2015 devastated the area. Following the destruction, China had press for operating Kerung-Rasuwagadi route for trade with Nepal. However, the Government of Nepal and the locals of Tatopani have been urging China to reopen the Tatopani route because it has all the necessary infrastructures including a two-lane road and is 60 km shorter than the Kerung-Rasuwagadi route.</div> <div> </div> <div> Considering this, China has agreed to resume the Tatopani route as an international trade point, said the officials of Nepal government.</div> <div> </div> <div> However, China has shown reluctance to open the Tatopani border the Chinese Army found out about the activities of Tibetan refugees in Nepal during the rescue operation after the catastrophic earthquake. China had been complaining to Nepal about the issue through unofficial channels since then while the government officials of Nepal claimed that they have addressed the concerns of China.</div> <div> </div> <div> After learning that China was interested in reopening the Tatopani border in 2016, Nepal started reconstruction of the Araniko Highway to connect with Tatopani.</div> <div> </div> <div> Secretary Adhikari said, “The reconstruction work is about to complete.” He further said that the construction of the friendship bridge has reached the final stage.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10410', 'image' => '20190510014655_Clipboard04-2.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10658', 'article_category_id' => '237', 'title' => 'Vivo Launches APEX 2019 in Nepal', 'sub_title' => '', 'summary' => 'May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.', 'content' => '<p> May 10: Chinese technology company Vivo has launched the APEX 2019 smartphone with ‘super unibody’ design in the Nepali market.</p> <p> The company said in a statement that the ‘super unibody’ concept of Vivo aims to make the display even more exclusive.</p> <p> According to the company, a super unibody phone looks distinctive and is comfortable to hold because it has fewer ports.</p> <p> The APEX 2019 features full-display fingerprint scanning with the sensor covering almost the entire display allowing users to unlock the phone by touching almost anywhere on the display.</p> <p> APEX 2019 runs on a Qualcomm Snapdragon 855 platform, with a super-large memory of 12GB + 256GB. It is also a 5G phone capable of handling a variety of user scenarios.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10409', 'image' => '20190510012054_Vivo_Nepal_Apex-2019_1.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10657', 'article_category_id' => '1', 'title' => 'Application Open for Nari Udhyami Seed Camp', 'sub_title' => '', 'summary' => 'May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.', 'content' => '<p> May 10: Nabil Bank in collaboration with Udhyami Innovations has announced application for the Nabil Nari Udhyami Seed Camp aimed at aspiring entrepreneurs and early-stage startups that are led by at least one woman co-founder.</p> <p> Issuing a statement, Udhyami Innovations said that the Nabil Nari Udhyami Seed camp is a business bootcamp dedicated to providing a platform to women co-founders with creative business ideas.</p> <p> “Udhyami Innovations, together with Nabil Bank, strongly believes in gender diversity and its potential in Nepal’s growing entrepreneurial ecosystem and that Nepali women must be given equal opportunities to realize their ideas into ventures,” says the statement.</p> <p> According to the company, the seed camp aims to identify some of the best ideas of startups led by women and provide them with the required resources to help them refine their business ideas, grow their networks, form profitable business connections and kick-start their entrepreneurial journeys.</p> <p> The application was announced on May 9. Of the total applicants, the selected 20 teams will go through a tried and tested entrepreneurship programme at the bootcamp, according to Prabha Timilsina, programme coordinator of Udhyami Innovations.</p> <p> “They will be provided with full-fledged mentorship and guidance from entrepreneurs and experts, access to an entrepreneurial community, assistance in developing their business models, refining and validating their business ideas with the objective of kick-starting their ideas into businesses,” added Sharad KC, business and partnership coordinator of the programme.</p> <p> On the final day of the bootcamp ‘Pitch Day’, the teams will pitch their business ideas to the investors and other selected stakeholders to secure the seed money.</p> <p> Following the bootcamp, the teams will carry out intense research, work on their business models for a month and again will make an investment pitch at a larger scale during the ‘Demo Day’, according to the statement.</p> <p> Since the inception of the camp in 2017, it has helped 48 teams and 119 individuals realize the entrepreneurs inside them, enabled more than 60 senior entrepreneurs and experts to share their insights, and provided investors opportunities to invest in the best entrepreneurial people and ideas, according to the organisers. Three teams have succeeded in securing investment and are working to scale up their ventures while five other teams have received investment commitment from interested investors.</p> <p> Seeing an incredible impact of the programme in earlier editions, Nabil Bank said it is supporting Udhyami Seed Camp with the objective of uplifting women entrepreneurship in Nepal.</p> <p> The application deadline for the Nabil Nari Udhyami Seed Camp is June 9.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10408', 'image' => '20190510010335_nabil.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10656', 'article_category_id' => '218', 'title' => 'Kumari Bank Holds AGM', 'sub_title' => '', 'summary' => 'May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. ', 'content' => '<div> May 10: Kumari Bank has decided to issue 21.25 percent bonus shares (12.75 percent bonus shares for FY 2073/74 and 8.50 percent bonus shares for the 2074/75) to its shareholders. The 17th and 18th Annual General Meeting (AGM) of the bank jointly held on May 9 approved the decision of the bank to issue the bonus shares.</div> <div> </div> <div> The paid-up capital of the bank is expected to reach Rs 8.68 billion after issuing the bonus shares.</div> <div> </div> <div> The total deposit of the bank as of Chaitra 2075/76 is Rs 77.29 billion and the loan provided by the bank is Rs 73.24 billion.</div> <div> </div> <div> Meanwhile, the bank said its operating profit so far has been Rs 1.42 billion and the net profit Rs 1.00 billion.</div> <div> </div> <div> The bank has been providing its services with a network of 88 branches, 83 ATMs, three extension counters and three branchless banking facilities across the country.</div> <div> </div> ', 'published' => true, 'created' => '2019-05-10', 'modified' => '2019-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '10407', 'image' => '20190510124313_kuamri.jpg', 'article_date' => '2019-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ) ) $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
