
December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown…
December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown…
December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in…
December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December…
December 23: The National Education Conference concluded in the capital on Friday, December…
December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation…
December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in…
December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to…
December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website.…
December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45…
December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a…
December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply…
December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax.…
December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10…
December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district.…
December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai.…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9675', 'article_category_id' => '1', 'title' => '‘Promote Domestic Products’', 'sub_title' => '', 'summary' => 'December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.', 'content' => '<p>December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.</p> <p>Speaking at the inauguration of the 9th edition of Neek Electric Expo at Bhrikutimandap on Friday, December 21, President of Confederation of Nepalese Industries, Hari Bhakta Sharma, said that the government should create a favourable environment for the Nepali industries to sustain in the market.</p> <p>He urged the government to control or even ban the import of those products which can be produced in Nepal.</p> <p>Similarly, Shekhar Golcha, senior vice president of FNCCI, appealed to the government to control illegal trade and promote domestic products while also protecting international and national brands.</p> <p>Expressing concern on the trade deficit of the country, Golchha said that trade deficit has become a major challenge for the country as it has started affecting the country’s ‘balance of payment’.</p> <p>He further said that the cost of doing business in Nepal is higher than other nations because of which there is no hope for having foreign investment in other sectors except tourism and hydropower.</p> <p>In such scenario, the development of energy sector would help in the government’s target of attaining per capita income of $2000.</p> <p>Nepal Ekarat Engineering Company (NEEK), the title sponsor of the event, also emphasized on developing industries that help to increase the use of electricity and electric products within the country. Managing Director of the company Kush Kumar Joshi said, “Hydro energy is the main base to bring prosperity to the country.”</p> <p>On the formal inauguration of the event organised by Federation of Electrical Entrepreneurs of Nepal (FEEN), representatives from different eminent organizations and associations of the country also reiterated the importance of utilization, prioritization and promotion of domestic products within domestic market.</p> <p>Sudarshan Prasad Paudyal, first vice president of the Federation of Electrical Entrepreneurs of Nepal (FEEN) which is organising the five-day event, said that the expo will help in promoting trade of electrical goods through this platform where customers and producers meet face to face.</p> <p>On the occasion, Paudyal informed that the country imported electric goods worth Rs 78.30 billion in the fiscal year (FY) 2017/18 while it has imported such goods worth Rs 28.47 billion in the first four months of the current FY.</p> <p>In this context, FEEN urged the support from the government to promote electrical products produced in Nepal and also to waive the customs duty for the import of energy-efficient electrical goods.</p> <p>The expo organised with the theme “Energy for Economic Prosperity” features 77 different stalls exhibiting different foreign and national electric brands, energy-efficient products, safety products and smart technological products. The expo expects to attract 100,000 visitors. The five-day expo will be conclude on December 25.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9449', 'image' => '20181224024345_DSC_0243.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9674', 'article_category_id' => '1', 'title' => 'NEA and Mid-Trishuli Ganga sign PPA', 'sub_title' => '', 'summary' => 'December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.', 'content' => '<p>December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.</p> <p>Rastriya Samachar Samiti reported that the deal was signed by the NEA and Perfect Energy Development Pvt Ltd, the promoter company, for the purchase of power generated from the 19.41-MW hydropower project.</p> <p>According to the agreement, electricity generated from the project in the dry season (December-May) will be purchased at the unit cost of Rs 8.40. Perfect Energy Development Pvt Ltd said in a statement that the NEA will purchase electricity at Rs 4.40 per unit in the rainy season.</p> <p>The agreement was signed by Deputy Executive Director of Planning, Monitoring and Information Technology Directorate Jagadisworman Singh and Power Trade Department Chief Prabal Ahikari on behalf of NEA and Managing Director Bharat Kumar Khadka and residential engineer Devendra Basnet on behalf of the promoter company.</p> <p>As per the PPA, the project will complete the construction of the hydropower in May 2023 and subsequently supply electricity to the NEA. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9448', 'image' => '20181224014756_nea.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9668', 'article_category_id' => '1', 'title' => 'Japanese Delegation Meets Finance Minister to discuss Development Assistance', 'sub_title' => '', 'summary' => 'December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21.', 'content' => '<p>December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21. Other members of the delegation comprised of Noburiro Miura, Shinkun Haku and Makoto Hamaguchi, all of them members of the House of Councillors. Japanese Ambassador to Nepal Masamichi Saigo also accompanied the delegation.</p> <p>According to the Ministry of Finance, the purpose of the visit was to look into the status of Japanese Official Development Assistance (ODA) to Nepal and its effectiveness.</p> <p>The Japanese delegation expressed happiness to observe long and cordial bilateral relationship since 1956 and development cooperation relationship since 1969 between Nepal and Japan, reads a statement issued by the ministry.</p> <p>Finance Minister Khatiwada shed light about Nepal’s policy of ODA utilization through proper budgetary system.</p> <p>“Communicating Nepal’s primary intention of utilizing ODA as a stimulator to help Nepal’s progress, he stressed the need for other areas of cooperation, including through FDI, enhanced access to international trade, tourism and technology transfer,” the statement said.</p> <p>During the meeting, the finance minister revealed huge financial gap in Nepal to meet the fundamental civil rights as enshrined in the constitution, graduate from LDC status by 2022, achieve SDGs by 2030 and manage transition to federalism smoothly, according to the ministry.</p> <p>In this context, the finance minister mentioned four areas that Nepal will have to look for higher ODA for some years to come. Minister Khatiwada informed the delegation about Public Finance Management (PFM) reform agenda initiated by Nepal for optimization of taxpayers’ money.</p> <p>Firstly, he said that Nepal has developed robust system of output-linked resource and budget allocation monitored continuously by the National Planning Commission, the Prime Minister’s Office and sectoral ministries. Secondly, Nepal has rigorous reporting and auditing system in place. Thirdly, strict scrutiny is being conducted by oversight agencies, including parliamentary committees and other surveillance agencies including anti-corruption body. Fourthly, there is a system of continuous vigilance of ODA funded projects by the Ministry of Finance, the minister told the visiting delegation.</p> <p>Against this backdrop, the finance minister urged the delegation to scale-up Japanese cooperation in post-earthquake rehabilitation and reconstruction, in education and health, and in infrastructure development. He also urged for the people-to-people relationship to be enhanced through higher level of air connectivity between the two countries.</p> <p>The delegation, according to the ministry, expressed happiness to listen to the finance minister’s highlights on ODA policy and the ongoing reform initiatives.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9447', 'image' => '20181223024915_Japanese Parliamentarians-.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9673', 'article_category_id' => '1', 'title' => 'National Education Conference Concludes', 'sub_title' => '', 'summary' => 'December 23: The National Education Conference concluded in the capital on Friday, December 21.', 'content' => '<p>December 23: The National Education Conference concluded in the capital on Friday, December 21. The two-day conference organised by the High Level National Education Commission at Budanilkantha School discussed on various issues of the draft prepared for the formulation of new education policy in the country. The draft was prepared based on the suggestions and ideas accumulated by the commission from experts and stakeholders from all seven provinces of the country.</p> <p>According to Minister for Education, Giriraj Mani Pokharel, the new education policy will fit the federal structure of the country. He said that the new education policy will be prepared according to the current need of the nation to ensure quality education.</p> <p>The minister further said that Nepal has been adopting education policy prepared by foreign education consultants but the new policy will be native to the country. Pokharel also said that subjects such as yoga, agriculture, veterinary science, forestry will be included in the secondary level education. Technical subjects will also to be included in the curriculum of the secondary level education.</p> <p>During the event, discussions were held on different issues related to education including curriculum for secondary level, teachers’ qualification, services, remuneration and the country’s education scenario. The education draft has mentioned that a secondary level teacher should have secured first division or ‘B+’ grade in his/her Master’s Degree. Similarly, teachers’ remuneration will be up to 10 percent more as compared to the people holding the same grades in other government posts. The draft aims to attract excellent candidates in education profession in the secondary level and other schools.</p> <p>Likewise, the draft has mentioned that the maximum period of any teacher to be appointed in a particular school will be of five years after which he/she will be transferred automatically. Women candidates are given high priority in the profession and one Dalit teacher is made compulsory for each school in the Dalit community.</p> <p>Likewise, the event also highlighted that education curriculum will be updated in due course of time. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9446', 'image' => '20181223035031_IMG_20181221_155406.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9672', 'article_category_id' => '266', 'title' => 'Yunus Centre Initiates Business Incubation Programme', 'sub_title' => '', 'summary' => 'December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.', 'content' => '<p>December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.</p> <p style="margin-left:3.75pt">The signatories will work together to promote entrepreneurship among the youths in their respective colleges to conceptualize, produce and design start-ups with a potential to scale and create employment for more youths inside as well as outside the colleges.</p> <p>As per the MOU, Yunus Social Business Centre, King’s College will offer 10 weeks business incubation programme for all the students of the colleges signing the MOU. However, Yunus will also provide business incubation support program to selected students of other colleges. The program will facilitate, support, help, and guide them shape their ideas into commercial venture. Moreover, Yunus Centre will also help the students connect with mentors, industry professionals, and build support system.</p> <p>Likewise, Kathmandu Model College has created seed fund of Rs 1 million, Orchid International College has created seed fund of Rs 100,000 and Koteshwor Multiple College and Samriddhi College have created seed fund of Rs 50,000 as a startup fund for their own students to continue with the mission.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9445', 'image' => '20181223033637_Yunus Photo 3.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9671', 'article_category_id' => '266', 'title' => 'Paanch Pokhari wins Nepal-Pakistan Friendship T-20 Cricket Tournament', 'sub_title' => '', 'summary' => 'December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.', 'content' => '<p>December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.</p> <p>Issuing a statement on Friday, the Pakistani embassy said that Royal Indoor Cricket Club finished as the runner-up in the 10-day competition participated by 16 Nepali cricket teams.</p> <p>According to the embassy, it was the fourth annual event of its type.</p> <p>Pakistan’s Ambassador to Nepal Mazhar Javed vowed to further energize the embassy’s efforts to bring the youths of two countries closer together. This, he said, was an important pillar of the people-to-people contacts between Pakistan and Nepal. </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9444', 'image' => '20181223031831_t20.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9670', 'article_category_id' => '266', 'title' => 'OPPO Unveils Find X 5G Prototype', 'sub_title' => 'Company emphasizes its commitment to working with partners to build a new 5G industry ecosystem', 'summary' => 'December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8.', 'content' => '<p>December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8. OPPO said in a statement issued on December 23 that it would work together with industry partners worldwide to develop a new 5G ecosystem.</p> <p> The OPPO Find X flagship smartphone, launched earlier this year, leads the all-screen trend in the smartphone industry. With the Find X, OPPO officially entered the Western European market, enabling the company to reach out to more consumers in developed countries, the statement said.</p> <p>The OPPO Find X 5G prototype, with its engineering sample Snapdragon 855 and X50 5G modem, offers outstanding 5G performance, and garnered much attention from visitors at the Global Partners Conference. At the event, OPPO, Qualcomm and Keysight Technologies Inc, a world-leading electronic measurement company, demonstrated 5G data connectivity and applications including browsing, online video replay and video call using the Find X 5G prototype.</p> <p> Looking forward to the longer term, OPPO has introduced the concept of “5G+”, with a belief that the 5G+ era will be an era where everything is connected and ‘experience is king’.</p> <p>“The smartphone will be at the core of a wide range of smart devices, which will all be connected through the 5G network. To address the areas of ‘smart health’ and ‘smart home’, OPPO has already begun work on several smart devices, exploring the intersection of 5G and cutting-edge technologies, and is collaboratively building a 5G+ innovation ecosystem with the entire industry,” said Brian Shen, Global Vice President of OPPO and President of China Business.</p> <p>Levin Liu, Head of OPPO Research Institute, added that “OPPO will drive the advancement of 5G together with AI, Big data and Cloud Computing (5G + ABC), making smartphones and smart devices truly ‘intelligent personal assistants’. We believe that rich 5G application scenarios and killer 5G applications will emerge in the future, bringing disruptive experiences to users.”</p> <p>In building a 5G ecosystem, OPPO said it will continue deepening its collaboration with Qualcomm, network infrastructure manufacturers' telecom service providers and other supply chain partners. In China, OPPO will work with China Mobile to accelerate the commercialization of 5G devices and build a new ecosystem for the 5G industry through China Mobile’s ‘5G Device Forerunner Initiative’. Outside China, OPPO is in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9443', 'image' => '20181223031023_5G Prototype 1.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9669', 'article_category_id' => '1', 'title' => 'Tourism Core Software to Help Users Build Own Tourism Website', 'sub_title' => '', 'summary' => 'December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. ', 'content' => '<p>December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. The developer claimed that the online software has been launched as a growth engine for tourism businesses for the first time in Nepal.</p> <p>According to the developer, one of the most important features of Tourism Core is that it provides opportunity for tourism businesses to sell domestic and international airline tickets, holiday packages and hotel rooms right from their websites.</p> <p>During the launch held at Hotel Ambassador on December 17, the developer announced that Tourism Core consists of 11 core clouds, which are namely Hotel Cloud, Airline Cloud, Holiday Cloud, Payment Cloud, CMS Cloud, Advertising Cloud, Events Cloud, Service Cloud, Analytics Cloud, Sales Cloud and Marketing Cloud.</p> <p>A statement issued by the developer says that Tourism Core is built under the SaaS (Software as a Service) model to reduce the technology adaptation cost and operating costs for small to large tourism and hospitality industries of Nepal.</p> <p> “We use multiple local payment gateways such as Nabil Payment Gateway, Khalti, nPay, Himalayan Bank Payment Gateway, NIBL E-Banking, NCHL-ipsConnect, SCT Debit Cards and international payment gateways, such as Visa, MasterCard, PayPal, American Express, Diner Club to process global card payments for these businesses right from their website. There are also options of bank transfer, remittance/money transfer and pay at office,” the statement said.</p> <p> NCS.Technology is a subsidiary of Thulo Group organization credited for establishing ecommerce platforms like NepBay.com, Thulo.com, Gurkha.Host.</p> <p>The launch event was inaugurated by Raja Ram Nepal, the CEO of Thulo Group. He explained about Tourism Core and how it can benefit tourism businesses. He also presented a live demo of the cloud platform to more than 80 audiences.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9442', 'image' => '20181223025435_Cloud.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9667', 'article_category_id' => '266', 'title' => 'Laxmi Group conducts social activities to mark its 45th anniversary', 'sub_title' => '', 'summary' => 'December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years.', 'content' => '<p>December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years. With the intent of keeping up with this legacy, Laxmi Group conducted several social activities on the occasion of its corporate day on December 20.</p> <p>Issuing a statement, Laxmi Group said it celebrated the 45<sup>th</sup> year of establishment on December 20 by organizing several social programs.</p> <p>As part of the CSR activities, Laxmi Group organized a blood donation program at its head office in Pokhara and corporate office in Kathmandu. A total of 116 people from Pokhara and 75 people from Kathmandu donated blood during this program.</p> <p>Similarly, the sister concerns of Laxmi Group, Sujal Foods Pvt Ltd, Sujal Dairy Pvt Ltd, Jaya Packaging Pvt Ltd, Sujal Plastics Pvt Ltd, Laxmi Intercontinental Pvt Ltd and Jaima Intercontinental Pvt Ltd organized different programs on the occasion of its corporate day.</p> <p>Laxmi Intercontinental Pvt Ltd, the sole authorized distributor of Hyundai Motors for Nepal organized sanitation program on the premises of Suryabinayak Temple and Batukbhairab Temple.</p> <p>Laxmi Intercontinental also distributed school bags and warm jackets for the children of SGCP Nepal who are the suffering from cerebral palsy.</p> <p>Similarly, Sujal Foods distributed confectionary gifts to the children of Child Protection Home, Sifal and Joint Disabled Unity Aawaz Center at Gokarna.</p> <p>Laxmi Group made a commitment to continue with its CSR activities like it has been doing for the past 45 years.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9441', 'image' => '20181223023404_Laxmi.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9666', 'article_category_id' => '266', 'title' => 'Christmas Tree Lighting at Hyatt Regency', 'sub_title' => '', 'summary' => 'December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.', 'content' => '<p>December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.</p> <p>The five-star hotel said in a statement that Christmas tree and gingerbread house draw the attention of its guests during this time of the year.</p> <p>The hotel further said that they used recycled materials to decorate the Christmas tree to foster sustainable environmental practices.</p> <p>According to the statement, altogether 4,600 bottles and wooden pallets were used as the main materials for Christmas decorations this year.</p> <p>Likewise, the gingerbread house was decorated with 11,963 ginger biscuits and along with meringue, icing, sugar paste, doughnuts and chocolates, which took 39 hours to complete.</p> <p>“The lobby was beautifully decorated with a 14-foot Christmas tree with lots of brightly decorated boxes placed under it. The annual ceremony began with traditional Christmas carols performed by children from John Dewey School. The tree was lit by Abdullah Tuncer Kececi, general manager of Turkish Airlines,” read the statement issued on December 20.</p> <p>According to the hotel, the highlight of the event was the arrival of Santa Claus, who came on a bicycle with his bag full of sweets and bellowing “ho ho ho.”</p> <p>“The children and adults too, jumped with excitement and started taking selfies.”</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9440', 'image' => '20181223022401_hyatt.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9665', 'article_category_id' => '1', 'title' => 'Court’s Verdict in Favour of Italian Contractor Company CMC', 'sub_title' => '', 'summary' => 'December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.', 'content' => '<p>December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.</p> <p>A single bench of Chief Judge Prakash Kumar Gurung issued the directive not to implement the government decision to seize the surety amount until the next directive to be issued on Sunday, December 23.</p> <p>According to Rastriya Samachar Samiti, the registrar of Patan High Court Baburam Dahal said that both the sides have been summoned at the court on Sunday.</p> <p>The state-run news agency, RSS, reported that the CMC had informed the Melamchi Water Suppl;y Project to scrap the agreement some two weeks ago.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9439', 'image' => '20181223012002_cmc.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9664', 'article_category_id' => '1', 'title' => 'Tax net to be Broadened: Finance Minister', 'sub_title' => '', 'summary' => 'December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. ', 'content' => '<p>December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. The finance minister made such remark while inaugurating a newly-constructed building of the Internal Revenue Office in Nepalgunj on Saturday, December 22.</p> <p>According to Rastriya Samachar Samiti, Minister Khatiwada said during the function that businesspersons would be brought under the tax net. The state-run news agency reported that the tax net is being expanded based on geography and the establishment of revenue office in Surkhet is the example of this.</p> <p>The finance minister shared that efforts were on to expand revenue offices in various geographical regions.</p> <p>“If the taxpayers are discouraged, they can lodge complaints at the concerned offices,” the RSS quoted the minister as saying.</p> <p>"In case of political pressure, both the payers and receivers can contact me. Adherence to law and regulations is imperative in the financial transaction."</p> <p>According to him, sub-customs offices would be made more functional and well managed in order to revive the smooth collection of revenue from various parts of the country. The sub-customs offices would be set up in new border points, the minister shared the government’s plan.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9438', 'image' => '20181223010947_yub raj khatiwada (1).jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9663', 'article_category_id' => '1', 'title' => 'Commercial Banks to lower Interest Rate Below 10 percent', 'sub_title' => '', 'summary' => 'December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.', 'content' => '<p>December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.</p> <p>Breaching the previous agreement to keep the interest rate as per the regulations of the central bank, the commercial banks had started to increase the rates to attract deposits.</p> <p>Organizing a meeting in the capital on Thursday with the chief executive officers (CEOs) of the commercial banks, the Nepal Rastra Bank had instructed the banks not to compete on interest rates to attract deposits.</p> <p>According to the representatives of the development banks, the competition of raising interest rates on deposits has created problems for the development banks. It was said that the increase in the interest rates has had negative impacts on the capital market and the whole economy of the country.</p> <p>In a separate meeting with the Nepal Bankers’ Association (NBA) on Thursday, the CEOs of 28 commercial banks agreed to lower the interest rate below 10 percent. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9437', 'image' => '20181221035225_Interest-Rates.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9662', 'article_category_id' => '266', 'title' => 'Thutepipal Branch of Nepal Bank', 'sub_title' => '', 'summary' => 'December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. ', 'content' => '<p>December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. The bank’s CEO Devendra Pratap Shah and Ashok Poudel, director at Siddharthanagar branch of Nepal Rastra Bank, jointly inaugurated the branch amid a function on Wednesday, December 19.</p> <p>According to the bank, it opened the branch according to the policy of Nepal Rastra Bank to extend banking service in all parts of the country. With this, the bank has 154 branches.</p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9436', 'image' => '20181221012309_bank.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9660', 'article_category_id' => '1', 'title' => 'Bhojpur-Biratnagar Flights Disrupted for Over Two Weeks', 'sub_title' => '', 'summary' => 'December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. ', 'content' => '<p>December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. <br /> The poor visibility caused by hazy weather has obstructed flights to and from Bhojpur for over 15 days, the state-run news agency, Rastriya Samachar Samiti, quoted NAC’s Bhojpur branch office as saying. <br /> The Bhojpur-Biratnagar flights will resume only after weather condition improves, shared assistant station chief of NAC’s Bhojpur branch, Raju Mijar. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9435', 'image' => '20181221125334_adsfasfdf.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9675', 'article_category_id' => '1', 'title' => '‘Promote Domestic Products’', 'sub_title' => '', 'summary' => 'December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.', 'content' => '<p>December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.</p> <p>Speaking at the inauguration of the 9th edition of Neek Electric Expo at Bhrikutimandap on Friday, December 21, President of Confederation of Nepalese Industries, Hari Bhakta Sharma, said that the government should create a favourable environment for the Nepali industries to sustain in the market.</p> <p>He urged the government to control or even ban the import of those products which can be produced in Nepal.</p> <p>Similarly, Shekhar Golcha, senior vice president of FNCCI, appealed to the government to control illegal trade and promote domestic products while also protecting international and national brands.</p> <p>Expressing concern on the trade deficit of the country, Golchha said that trade deficit has become a major challenge for the country as it has started affecting the country’s ‘balance of payment’.</p> <p>He further said that the cost of doing business in Nepal is higher than other nations because of which there is no hope for having foreign investment in other sectors except tourism and hydropower.</p> <p>In such scenario, the development of energy sector would help in the government’s target of attaining per capita income of $2000.</p> <p>Nepal Ekarat Engineering Company (NEEK), the title sponsor of the event, also emphasized on developing industries that help to increase the use of electricity and electric products within the country. Managing Director of the company Kush Kumar Joshi said, “Hydro energy is the main base to bring prosperity to the country.”</p> <p>On the formal inauguration of the event organised by Federation of Electrical Entrepreneurs of Nepal (FEEN), representatives from different eminent organizations and associations of the country also reiterated the importance of utilization, prioritization and promotion of domestic products within domestic market.</p> <p>Sudarshan Prasad Paudyal, first vice president of the Federation of Electrical Entrepreneurs of Nepal (FEEN) which is organising the five-day event, said that the expo will help in promoting trade of electrical goods through this platform where customers and producers meet face to face.</p> <p>On the occasion, Paudyal informed that the country imported electric goods worth Rs 78.30 billion in the fiscal year (FY) 2017/18 while it has imported such goods worth Rs 28.47 billion in the first four months of the current FY.</p> <p>In this context, FEEN urged the support from the government to promote electrical products produced in Nepal and also to waive the customs duty for the import of energy-efficient electrical goods.</p> <p>The expo organised with the theme “Energy for Economic Prosperity” features 77 different stalls exhibiting different foreign and national electric brands, energy-efficient products, safety products and smart technological products. The expo expects to attract 100,000 visitors. The five-day expo will be conclude on December 25.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9449', 'image' => '20181224024345_DSC_0243.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9674', 'article_category_id' => '1', 'title' => 'NEA and Mid-Trishuli Ganga sign PPA', 'sub_title' => '', 'summary' => 'December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.', 'content' => '<p>December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.</p> <p>Rastriya Samachar Samiti reported that the deal was signed by the NEA and Perfect Energy Development Pvt Ltd, the promoter company, for the purchase of power generated from the 19.41-MW hydropower project.</p> <p>According to the agreement, electricity generated from the project in the dry season (December-May) will be purchased at the unit cost of Rs 8.40. Perfect Energy Development Pvt Ltd said in a statement that the NEA will purchase electricity at Rs 4.40 per unit in the rainy season.</p> <p>The agreement was signed by Deputy Executive Director of Planning, Monitoring and Information Technology Directorate Jagadisworman Singh and Power Trade Department Chief Prabal Ahikari on behalf of NEA and Managing Director Bharat Kumar Khadka and residential engineer Devendra Basnet on behalf of the promoter company.</p> <p>As per the PPA, the project will complete the construction of the hydropower in May 2023 and subsequently supply electricity to the NEA. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9448', 'image' => '20181224014756_nea.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9668', 'article_category_id' => '1', 'title' => 'Japanese Delegation Meets Finance Minister to discuss Development Assistance', 'sub_title' => '', 'summary' => 'December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21.', 'content' => '<p>December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21. Other members of the delegation comprised of Noburiro Miura, Shinkun Haku and Makoto Hamaguchi, all of them members of the House of Councillors. Japanese Ambassador to Nepal Masamichi Saigo also accompanied the delegation.</p> <p>According to the Ministry of Finance, the purpose of the visit was to look into the status of Japanese Official Development Assistance (ODA) to Nepal and its effectiveness.</p> <p>The Japanese delegation expressed happiness to observe long and cordial bilateral relationship since 1956 and development cooperation relationship since 1969 between Nepal and Japan, reads a statement issued by the ministry.</p> <p>Finance Minister Khatiwada shed light about Nepal’s policy of ODA utilization through proper budgetary system.</p> <p>“Communicating Nepal’s primary intention of utilizing ODA as a stimulator to help Nepal’s progress, he stressed the need for other areas of cooperation, including through FDI, enhanced access to international trade, tourism and technology transfer,” the statement said.</p> <p>During the meeting, the finance minister revealed huge financial gap in Nepal to meet the fundamental civil rights as enshrined in the constitution, graduate from LDC status by 2022, achieve SDGs by 2030 and manage transition to federalism smoothly, according to the ministry.</p> <p>In this context, the finance minister mentioned four areas that Nepal will have to look for higher ODA for some years to come. Minister Khatiwada informed the delegation about Public Finance Management (PFM) reform agenda initiated by Nepal for optimization of taxpayers’ money.</p> <p>Firstly, he said that Nepal has developed robust system of output-linked resource and budget allocation monitored continuously by the National Planning Commission, the Prime Minister’s Office and sectoral ministries. Secondly, Nepal has rigorous reporting and auditing system in place. Thirdly, strict scrutiny is being conducted by oversight agencies, including parliamentary committees and other surveillance agencies including anti-corruption body. Fourthly, there is a system of continuous vigilance of ODA funded projects by the Ministry of Finance, the minister told the visiting delegation.</p> <p>Against this backdrop, the finance minister urged the delegation to scale-up Japanese cooperation in post-earthquake rehabilitation and reconstruction, in education and health, and in infrastructure development. He also urged for the people-to-people relationship to be enhanced through higher level of air connectivity between the two countries.</p> <p>The delegation, according to the ministry, expressed happiness to listen to the finance minister’s highlights on ODA policy and the ongoing reform initiatives.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9447', 'image' => '20181223024915_Japanese Parliamentarians-.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9673', 'article_category_id' => '1', 'title' => 'National Education Conference Concludes', 'sub_title' => '', 'summary' => 'December 23: The National Education Conference concluded in the capital on Friday, December 21.', 'content' => '<p>December 23: The National Education Conference concluded in the capital on Friday, December 21. The two-day conference organised by the High Level National Education Commission at Budanilkantha School discussed on various issues of the draft prepared for the formulation of new education policy in the country. The draft was prepared based on the suggestions and ideas accumulated by the commission from experts and stakeholders from all seven provinces of the country.</p> <p>According to Minister for Education, Giriraj Mani Pokharel, the new education policy will fit the federal structure of the country. He said that the new education policy will be prepared according to the current need of the nation to ensure quality education.</p> <p>The minister further said that Nepal has been adopting education policy prepared by foreign education consultants but the new policy will be native to the country. Pokharel also said that subjects such as yoga, agriculture, veterinary science, forestry will be included in the secondary level education. Technical subjects will also to be included in the curriculum of the secondary level education.</p> <p>During the event, discussions were held on different issues related to education including curriculum for secondary level, teachers’ qualification, services, remuneration and the country’s education scenario. The education draft has mentioned that a secondary level teacher should have secured first division or ‘B+’ grade in his/her Master’s Degree. Similarly, teachers’ remuneration will be up to 10 percent more as compared to the people holding the same grades in other government posts. The draft aims to attract excellent candidates in education profession in the secondary level and other schools.</p> <p>Likewise, the draft has mentioned that the maximum period of any teacher to be appointed in a particular school will be of five years after which he/she will be transferred automatically. Women candidates are given high priority in the profession and one Dalit teacher is made compulsory for each school in the Dalit community.</p> <p>Likewise, the event also highlighted that education curriculum will be updated in due course of time. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9446', 'image' => '20181223035031_IMG_20181221_155406.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9672', 'article_category_id' => '266', 'title' => 'Yunus Centre Initiates Business Incubation Programme', 'sub_title' => '', 'summary' => 'December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.', 'content' => '<p>December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.</p> <p style="margin-left:3.75pt">The signatories will work together to promote entrepreneurship among the youths in their respective colleges to conceptualize, produce and design start-ups with a potential to scale and create employment for more youths inside as well as outside the colleges.</p> <p>As per the MOU, Yunus Social Business Centre, King’s College will offer 10 weeks business incubation programme for all the students of the colleges signing the MOU. However, Yunus will also provide business incubation support program to selected students of other colleges. The program will facilitate, support, help, and guide them shape their ideas into commercial venture. Moreover, Yunus Centre will also help the students connect with mentors, industry professionals, and build support system.</p> <p>Likewise, Kathmandu Model College has created seed fund of Rs 1 million, Orchid International College has created seed fund of Rs 100,000 and Koteshwor Multiple College and Samriddhi College have created seed fund of Rs 50,000 as a startup fund for their own students to continue with the mission.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9445', 'image' => '20181223033637_Yunus Photo 3.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9671', 'article_category_id' => '266', 'title' => 'Paanch Pokhari wins Nepal-Pakistan Friendship T-20 Cricket Tournament', 'sub_title' => '', 'summary' => 'December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.', 'content' => '<p>December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.</p> <p>Issuing a statement on Friday, the Pakistani embassy said that Royal Indoor Cricket Club finished as the runner-up in the 10-day competition participated by 16 Nepali cricket teams.</p> <p>According to the embassy, it was the fourth annual event of its type.</p> <p>Pakistan’s Ambassador to Nepal Mazhar Javed vowed to further energize the embassy’s efforts to bring the youths of two countries closer together. This, he said, was an important pillar of the people-to-people contacts between Pakistan and Nepal. </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9444', 'image' => '20181223031831_t20.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9670', 'article_category_id' => '266', 'title' => 'OPPO Unveils Find X 5G Prototype', 'sub_title' => 'Company emphasizes its commitment to working with partners to build a new 5G industry ecosystem', 'summary' => 'December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8.', 'content' => '<p>December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8. OPPO said in a statement issued on December 23 that it would work together with industry partners worldwide to develop a new 5G ecosystem.</p> <p> The OPPO Find X flagship smartphone, launched earlier this year, leads the all-screen trend in the smartphone industry. With the Find X, OPPO officially entered the Western European market, enabling the company to reach out to more consumers in developed countries, the statement said.</p> <p>The OPPO Find X 5G prototype, with its engineering sample Snapdragon 855 and X50 5G modem, offers outstanding 5G performance, and garnered much attention from visitors at the Global Partners Conference. At the event, OPPO, Qualcomm and Keysight Technologies Inc, a world-leading electronic measurement company, demonstrated 5G data connectivity and applications including browsing, online video replay and video call using the Find X 5G prototype.</p> <p> Looking forward to the longer term, OPPO has introduced the concept of “5G+”, with a belief that the 5G+ era will be an era where everything is connected and ‘experience is king’.</p> <p>“The smartphone will be at the core of a wide range of smart devices, which will all be connected through the 5G network. To address the areas of ‘smart health’ and ‘smart home’, OPPO has already begun work on several smart devices, exploring the intersection of 5G and cutting-edge technologies, and is collaboratively building a 5G+ innovation ecosystem with the entire industry,” said Brian Shen, Global Vice President of OPPO and President of China Business.</p> <p>Levin Liu, Head of OPPO Research Institute, added that “OPPO will drive the advancement of 5G together with AI, Big data and Cloud Computing (5G + ABC), making smartphones and smart devices truly ‘intelligent personal assistants’. We believe that rich 5G application scenarios and killer 5G applications will emerge in the future, bringing disruptive experiences to users.”</p> <p>In building a 5G ecosystem, OPPO said it will continue deepening its collaboration with Qualcomm, network infrastructure manufacturers' telecom service providers and other supply chain partners. In China, OPPO will work with China Mobile to accelerate the commercialization of 5G devices and build a new ecosystem for the 5G industry through China Mobile’s ‘5G Device Forerunner Initiative’. Outside China, OPPO is in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9443', 'image' => '20181223031023_5G Prototype 1.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9669', 'article_category_id' => '1', 'title' => 'Tourism Core Software to Help Users Build Own Tourism Website', 'sub_title' => '', 'summary' => 'December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. ', 'content' => '<p>December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. The developer claimed that the online software has been launched as a growth engine for tourism businesses for the first time in Nepal.</p> <p>According to the developer, one of the most important features of Tourism Core is that it provides opportunity for tourism businesses to sell domestic and international airline tickets, holiday packages and hotel rooms right from their websites.</p> <p>During the launch held at Hotel Ambassador on December 17, the developer announced that Tourism Core consists of 11 core clouds, which are namely Hotel Cloud, Airline Cloud, Holiday Cloud, Payment Cloud, CMS Cloud, Advertising Cloud, Events Cloud, Service Cloud, Analytics Cloud, Sales Cloud and Marketing Cloud.</p> <p>A statement issued by the developer says that Tourism Core is built under the SaaS (Software as a Service) model to reduce the technology adaptation cost and operating costs for small to large tourism and hospitality industries of Nepal.</p> <p> “We use multiple local payment gateways such as Nabil Payment Gateway, Khalti, nPay, Himalayan Bank Payment Gateway, NIBL E-Banking, NCHL-ipsConnect, SCT Debit Cards and international payment gateways, such as Visa, MasterCard, PayPal, American Express, Diner Club to process global card payments for these businesses right from their website. There are also options of bank transfer, remittance/money transfer and pay at office,” the statement said.</p> <p> NCS.Technology is a subsidiary of Thulo Group organization credited for establishing ecommerce platforms like NepBay.com, Thulo.com, Gurkha.Host.</p> <p>The launch event was inaugurated by Raja Ram Nepal, the CEO of Thulo Group. He explained about Tourism Core and how it can benefit tourism businesses. He also presented a live demo of the cloud platform to more than 80 audiences.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9442', 'image' => '20181223025435_Cloud.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9667', 'article_category_id' => '266', 'title' => 'Laxmi Group conducts social activities to mark its 45th anniversary', 'sub_title' => '', 'summary' => 'December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years.', 'content' => '<p>December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years. With the intent of keeping up with this legacy, Laxmi Group conducted several social activities on the occasion of its corporate day on December 20.</p> <p>Issuing a statement, Laxmi Group said it celebrated the 45<sup>th</sup> year of establishment on December 20 by organizing several social programs.</p> <p>As part of the CSR activities, Laxmi Group organized a blood donation program at its head office in Pokhara and corporate office in Kathmandu. A total of 116 people from Pokhara and 75 people from Kathmandu donated blood during this program.</p> <p>Similarly, the sister concerns of Laxmi Group, Sujal Foods Pvt Ltd, Sujal Dairy Pvt Ltd, Jaya Packaging Pvt Ltd, Sujal Plastics Pvt Ltd, Laxmi Intercontinental Pvt Ltd and Jaima Intercontinental Pvt Ltd organized different programs on the occasion of its corporate day.</p> <p>Laxmi Intercontinental Pvt Ltd, the sole authorized distributor of Hyundai Motors for Nepal organized sanitation program on the premises of Suryabinayak Temple and Batukbhairab Temple.</p> <p>Laxmi Intercontinental also distributed school bags and warm jackets for the children of SGCP Nepal who are the suffering from cerebral palsy.</p> <p>Similarly, Sujal Foods distributed confectionary gifts to the children of Child Protection Home, Sifal and Joint Disabled Unity Aawaz Center at Gokarna.</p> <p>Laxmi Group made a commitment to continue with its CSR activities like it has been doing for the past 45 years.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9441', 'image' => '20181223023404_Laxmi.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9666', 'article_category_id' => '266', 'title' => 'Christmas Tree Lighting at Hyatt Regency', 'sub_title' => '', 'summary' => 'December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.', 'content' => '<p>December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.</p> <p>The five-star hotel said in a statement that Christmas tree and gingerbread house draw the attention of its guests during this time of the year.</p> <p>The hotel further said that they used recycled materials to decorate the Christmas tree to foster sustainable environmental practices.</p> <p>According to the statement, altogether 4,600 bottles and wooden pallets were used as the main materials for Christmas decorations this year.</p> <p>Likewise, the gingerbread house was decorated with 11,963 ginger biscuits and along with meringue, icing, sugar paste, doughnuts and chocolates, which took 39 hours to complete.</p> <p>“The lobby was beautifully decorated with a 14-foot Christmas tree with lots of brightly decorated boxes placed under it. The annual ceremony began with traditional Christmas carols performed by children from John Dewey School. The tree was lit by Abdullah Tuncer Kececi, general manager of Turkish Airlines,” read the statement issued on December 20.</p> <p>According to the hotel, the highlight of the event was the arrival of Santa Claus, who came on a bicycle with his bag full of sweets and bellowing “ho ho ho.”</p> <p>“The children and adults too, jumped with excitement and started taking selfies.”</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9440', 'image' => '20181223022401_hyatt.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9665', 'article_category_id' => '1', 'title' => 'Court’s Verdict in Favour of Italian Contractor Company CMC', 'sub_title' => '', 'summary' => 'December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.', 'content' => '<p>December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.</p> <p>A single bench of Chief Judge Prakash Kumar Gurung issued the directive not to implement the government decision to seize the surety amount until the next directive to be issued on Sunday, December 23.</p> <p>According to Rastriya Samachar Samiti, the registrar of Patan High Court Baburam Dahal said that both the sides have been summoned at the court on Sunday.</p> <p>The state-run news agency, RSS, reported that the CMC had informed the Melamchi Water Suppl;y Project to scrap the agreement some two weeks ago.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9439', 'image' => '20181223012002_cmc.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9664', 'article_category_id' => '1', 'title' => 'Tax net to be Broadened: Finance Minister', 'sub_title' => '', 'summary' => 'December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. ', 'content' => '<p>December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. The finance minister made such remark while inaugurating a newly-constructed building of the Internal Revenue Office in Nepalgunj on Saturday, December 22.</p> <p>According to Rastriya Samachar Samiti, Minister Khatiwada said during the function that businesspersons would be brought under the tax net. The state-run news agency reported that the tax net is being expanded based on geography and the establishment of revenue office in Surkhet is the example of this.</p> <p>The finance minister shared that efforts were on to expand revenue offices in various geographical regions.</p> <p>“If the taxpayers are discouraged, they can lodge complaints at the concerned offices,” the RSS quoted the minister as saying.</p> <p>"In case of political pressure, both the payers and receivers can contact me. Adherence to law and regulations is imperative in the financial transaction."</p> <p>According to him, sub-customs offices would be made more functional and well managed in order to revive the smooth collection of revenue from various parts of the country. The sub-customs offices would be set up in new border points, the minister shared the government’s plan.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9438', 'image' => '20181223010947_yub raj khatiwada (1).jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9663', 'article_category_id' => '1', 'title' => 'Commercial Banks to lower Interest Rate Below 10 percent', 'sub_title' => '', 'summary' => 'December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.', 'content' => '<p>December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.</p> <p>Breaching the previous agreement to keep the interest rate as per the regulations of the central bank, the commercial banks had started to increase the rates to attract deposits.</p> <p>Organizing a meeting in the capital on Thursday with the chief executive officers (CEOs) of the commercial banks, the Nepal Rastra Bank had instructed the banks not to compete on interest rates to attract deposits.</p> <p>According to the representatives of the development banks, the competition of raising interest rates on deposits has created problems for the development banks. It was said that the increase in the interest rates has had negative impacts on the capital market and the whole economy of the country.</p> <p>In a separate meeting with the Nepal Bankers’ Association (NBA) on Thursday, the CEOs of 28 commercial banks agreed to lower the interest rate below 10 percent. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9437', 'image' => '20181221035225_Interest-Rates.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9662', 'article_category_id' => '266', 'title' => 'Thutepipal Branch of Nepal Bank', 'sub_title' => '', 'summary' => 'December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. ', 'content' => '<p>December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. The bank’s CEO Devendra Pratap Shah and Ashok Poudel, director at Siddharthanagar branch of Nepal Rastra Bank, jointly inaugurated the branch amid a function on Wednesday, December 19.</p> <p>According to the bank, it opened the branch according to the policy of Nepal Rastra Bank to extend banking service in all parts of the country. With this, the bank has 154 branches.</p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9436', 'image' => '20181221012309_bank.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9660', 'article_category_id' => '1', 'title' => 'Bhojpur-Biratnagar Flights Disrupted for Over Two Weeks', 'sub_title' => '', 'summary' => 'December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. ', 'content' => '<p>December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. <br /> The poor visibility caused by hazy weather has obstructed flights to and from Bhojpur for over 15 days, the state-run news agency, Rastriya Samachar Samiti, quoted NAC’s Bhojpur branch office as saying. <br /> The Bhojpur-Biratnagar flights will resume only after weather condition improves, shared assistant station chief of NAC’s Bhojpur branch, Raju Mijar. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9435', 'image' => '20181221125334_adsfasfdf.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9675', 'article_category_id' => '1', 'title' => '‘Promote Domestic Products’', 'sub_title' => '', 'summary' => 'December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.', 'content' => '<p>December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.</p> <p>Speaking at the inauguration of the 9th edition of Neek Electric Expo at Bhrikutimandap on Friday, December 21, President of Confederation of Nepalese Industries, Hari Bhakta Sharma, said that the government should create a favourable environment for the Nepali industries to sustain in the market.</p> <p>He urged the government to control or even ban the import of those products which can be produced in Nepal.</p> <p>Similarly, Shekhar Golcha, senior vice president of FNCCI, appealed to the government to control illegal trade and promote domestic products while also protecting international and national brands.</p> <p>Expressing concern on the trade deficit of the country, Golchha said that trade deficit has become a major challenge for the country as it has started affecting the country’s ‘balance of payment’.</p> <p>He further said that the cost of doing business in Nepal is higher than other nations because of which there is no hope for having foreign investment in other sectors except tourism and hydropower.</p> <p>In such scenario, the development of energy sector would help in the government’s target of attaining per capita income of $2000.</p> <p>Nepal Ekarat Engineering Company (NEEK), the title sponsor of the event, also emphasized on developing industries that help to increase the use of electricity and electric products within the country. Managing Director of the company Kush Kumar Joshi said, “Hydro energy is the main base to bring prosperity to the country.”</p> <p>On the formal inauguration of the event organised by Federation of Electrical Entrepreneurs of Nepal (FEEN), representatives from different eminent organizations and associations of the country also reiterated the importance of utilization, prioritization and promotion of domestic products within domestic market.</p> <p>Sudarshan Prasad Paudyal, first vice president of the Federation of Electrical Entrepreneurs of Nepal (FEEN) which is organising the five-day event, said that the expo will help in promoting trade of electrical goods through this platform where customers and producers meet face to face.</p> <p>On the occasion, Paudyal informed that the country imported electric goods worth Rs 78.30 billion in the fiscal year (FY) 2017/18 while it has imported such goods worth Rs 28.47 billion in the first four months of the current FY.</p> <p>In this context, FEEN urged the support from the government to promote electrical products produced in Nepal and also to waive the customs duty for the import of energy-efficient electrical goods.</p> <p>The expo organised with the theme “Energy for Economic Prosperity” features 77 different stalls exhibiting different foreign and national electric brands, energy-efficient products, safety products and smart technological products. The expo expects to attract 100,000 visitors. The five-day expo will be conclude on December 25.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9449', 'image' => '20181224024345_DSC_0243.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9674', 'article_category_id' => '1', 'title' => 'NEA and Mid-Trishuli Ganga sign PPA', 'sub_title' => '', 'summary' => 'December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.', 'content' => '<p>December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.</p> <p>Rastriya Samachar Samiti reported that the deal was signed by the NEA and Perfect Energy Development Pvt Ltd, the promoter company, for the purchase of power generated from the 19.41-MW hydropower project.</p> <p>According to the agreement, electricity generated from the project in the dry season (December-May) will be purchased at the unit cost of Rs 8.40. Perfect Energy Development Pvt Ltd said in a statement that the NEA will purchase electricity at Rs 4.40 per unit in the rainy season.</p> <p>The agreement was signed by Deputy Executive Director of Planning, Monitoring and Information Technology Directorate Jagadisworman Singh and Power Trade Department Chief Prabal Ahikari on behalf of NEA and Managing Director Bharat Kumar Khadka and residential engineer Devendra Basnet on behalf of the promoter company.</p> <p>As per the PPA, the project will complete the construction of the hydropower in May 2023 and subsequently supply electricity to the NEA. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9448', 'image' => '20181224014756_nea.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9668', 'article_category_id' => '1', 'title' => 'Japanese Delegation Meets Finance Minister to discuss Development Assistance', 'sub_title' => '', 'summary' => 'December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21.', 'content' => '<p>December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21. Other members of the delegation comprised of Noburiro Miura, Shinkun Haku and Makoto Hamaguchi, all of them members of the House of Councillors. Japanese Ambassador to Nepal Masamichi Saigo also accompanied the delegation.</p> <p>According to the Ministry of Finance, the purpose of the visit was to look into the status of Japanese Official Development Assistance (ODA) to Nepal and its effectiveness.</p> <p>The Japanese delegation expressed happiness to observe long and cordial bilateral relationship since 1956 and development cooperation relationship since 1969 between Nepal and Japan, reads a statement issued by the ministry.</p> <p>Finance Minister Khatiwada shed light about Nepal’s policy of ODA utilization through proper budgetary system.</p> <p>“Communicating Nepal’s primary intention of utilizing ODA as a stimulator to help Nepal’s progress, he stressed the need for other areas of cooperation, including through FDI, enhanced access to international trade, tourism and technology transfer,” the statement said.</p> <p>During the meeting, the finance minister revealed huge financial gap in Nepal to meet the fundamental civil rights as enshrined in the constitution, graduate from LDC status by 2022, achieve SDGs by 2030 and manage transition to federalism smoothly, according to the ministry.</p> <p>In this context, the finance minister mentioned four areas that Nepal will have to look for higher ODA for some years to come. Minister Khatiwada informed the delegation about Public Finance Management (PFM) reform agenda initiated by Nepal for optimization of taxpayers’ money.</p> <p>Firstly, he said that Nepal has developed robust system of output-linked resource and budget allocation monitored continuously by the National Planning Commission, the Prime Minister’s Office and sectoral ministries. Secondly, Nepal has rigorous reporting and auditing system in place. Thirdly, strict scrutiny is being conducted by oversight agencies, including parliamentary committees and other surveillance agencies including anti-corruption body. Fourthly, there is a system of continuous vigilance of ODA funded projects by the Ministry of Finance, the minister told the visiting delegation.</p> <p>Against this backdrop, the finance minister urged the delegation to scale-up Japanese cooperation in post-earthquake rehabilitation and reconstruction, in education and health, and in infrastructure development. He also urged for the people-to-people relationship to be enhanced through higher level of air connectivity between the two countries.</p> <p>The delegation, according to the ministry, expressed happiness to listen to the finance minister’s highlights on ODA policy and the ongoing reform initiatives.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9447', 'image' => '20181223024915_Japanese Parliamentarians-.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9673', 'article_category_id' => '1', 'title' => 'National Education Conference Concludes', 'sub_title' => '', 'summary' => 'December 23: The National Education Conference concluded in the capital on Friday, December 21.', 'content' => '<p>December 23: The National Education Conference concluded in the capital on Friday, December 21. The two-day conference organised by the High Level National Education Commission at Budanilkantha School discussed on various issues of the draft prepared for the formulation of new education policy in the country. The draft was prepared based on the suggestions and ideas accumulated by the commission from experts and stakeholders from all seven provinces of the country.</p> <p>According to Minister for Education, Giriraj Mani Pokharel, the new education policy will fit the federal structure of the country. He said that the new education policy will be prepared according to the current need of the nation to ensure quality education.</p> <p>The minister further said that Nepal has been adopting education policy prepared by foreign education consultants but the new policy will be native to the country. Pokharel also said that subjects such as yoga, agriculture, veterinary science, forestry will be included in the secondary level education. Technical subjects will also to be included in the curriculum of the secondary level education.</p> <p>During the event, discussions were held on different issues related to education including curriculum for secondary level, teachers’ qualification, services, remuneration and the country’s education scenario. The education draft has mentioned that a secondary level teacher should have secured first division or ‘B+’ grade in his/her Master’s Degree. Similarly, teachers’ remuneration will be up to 10 percent more as compared to the people holding the same grades in other government posts. The draft aims to attract excellent candidates in education profession in the secondary level and other schools.</p> <p>Likewise, the draft has mentioned that the maximum period of any teacher to be appointed in a particular school will be of five years after which he/she will be transferred automatically. Women candidates are given high priority in the profession and one Dalit teacher is made compulsory for each school in the Dalit community.</p> <p>Likewise, the event also highlighted that education curriculum will be updated in due course of time. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9446', 'image' => '20181223035031_IMG_20181221_155406.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9672', 'article_category_id' => '266', 'title' => 'Yunus Centre Initiates Business Incubation Programme', 'sub_title' => '', 'summary' => 'December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.', 'content' => '<p>December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.</p> <p style="margin-left:3.75pt">The signatories will work together to promote entrepreneurship among the youths in their respective colleges to conceptualize, produce and design start-ups with a potential to scale and create employment for more youths inside as well as outside the colleges.</p> <p>As per the MOU, Yunus Social Business Centre, King’s College will offer 10 weeks business incubation programme for all the students of the colleges signing the MOU. However, Yunus will also provide business incubation support program to selected students of other colleges. The program will facilitate, support, help, and guide them shape their ideas into commercial venture. Moreover, Yunus Centre will also help the students connect with mentors, industry professionals, and build support system.</p> <p>Likewise, Kathmandu Model College has created seed fund of Rs 1 million, Orchid International College has created seed fund of Rs 100,000 and Koteshwor Multiple College and Samriddhi College have created seed fund of Rs 50,000 as a startup fund for their own students to continue with the mission.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9445', 'image' => '20181223033637_Yunus Photo 3.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9671', 'article_category_id' => '266', 'title' => 'Paanch Pokhari wins Nepal-Pakistan Friendship T-20 Cricket Tournament', 'sub_title' => '', 'summary' => 'December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.', 'content' => '<p>December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.</p> <p>Issuing a statement on Friday, the Pakistani embassy said that Royal Indoor Cricket Club finished as the runner-up in the 10-day competition participated by 16 Nepali cricket teams.</p> <p>According to the embassy, it was the fourth annual event of its type.</p> <p>Pakistan’s Ambassador to Nepal Mazhar Javed vowed to further energize the embassy’s efforts to bring the youths of two countries closer together. This, he said, was an important pillar of the people-to-people contacts between Pakistan and Nepal. </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9444', 'image' => '20181223031831_t20.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9670', 'article_category_id' => '266', 'title' => 'OPPO Unveils Find X 5G Prototype', 'sub_title' => 'Company emphasizes its commitment to working with partners to build a new 5G industry ecosystem', 'summary' => 'December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8.', 'content' => '<p>December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8. OPPO said in a statement issued on December 23 that it would work together with industry partners worldwide to develop a new 5G ecosystem.</p> <p> The OPPO Find X flagship smartphone, launched earlier this year, leads the all-screen trend in the smartphone industry. With the Find X, OPPO officially entered the Western European market, enabling the company to reach out to more consumers in developed countries, the statement said.</p> <p>The OPPO Find X 5G prototype, with its engineering sample Snapdragon 855 and X50 5G modem, offers outstanding 5G performance, and garnered much attention from visitors at the Global Partners Conference. At the event, OPPO, Qualcomm and Keysight Technologies Inc, a world-leading electronic measurement company, demonstrated 5G data connectivity and applications including browsing, online video replay and video call using the Find X 5G prototype.</p> <p> Looking forward to the longer term, OPPO has introduced the concept of “5G+”, with a belief that the 5G+ era will be an era where everything is connected and ‘experience is king’.</p> <p>“The smartphone will be at the core of a wide range of smart devices, which will all be connected through the 5G network. To address the areas of ‘smart health’ and ‘smart home’, OPPO has already begun work on several smart devices, exploring the intersection of 5G and cutting-edge technologies, and is collaboratively building a 5G+ innovation ecosystem with the entire industry,” said Brian Shen, Global Vice President of OPPO and President of China Business.</p> <p>Levin Liu, Head of OPPO Research Institute, added that “OPPO will drive the advancement of 5G together with AI, Big data and Cloud Computing (5G + ABC), making smartphones and smart devices truly ‘intelligent personal assistants’. We believe that rich 5G application scenarios and killer 5G applications will emerge in the future, bringing disruptive experiences to users.”</p> <p>In building a 5G ecosystem, OPPO said it will continue deepening its collaboration with Qualcomm, network infrastructure manufacturers' telecom service providers and other supply chain partners. In China, OPPO will work with China Mobile to accelerate the commercialization of 5G devices and build a new ecosystem for the 5G industry through China Mobile’s ‘5G Device Forerunner Initiative’. Outside China, OPPO is in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9443', 'image' => '20181223031023_5G Prototype 1.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9669', 'article_category_id' => '1', 'title' => 'Tourism Core Software to Help Users Build Own Tourism Website', 'sub_title' => '', 'summary' => 'December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. ', 'content' => '<p>December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. The developer claimed that the online software has been launched as a growth engine for tourism businesses for the first time in Nepal.</p> <p>According to the developer, one of the most important features of Tourism Core is that it provides opportunity for tourism businesses to sell domestic and international airline tickets, holiday packages and hotel rooms right from their websites.</p> <p>During the launch held at Hotel Ambassador on December 17, the developer announced that Tourism Core consists of 11 core clouds, which are namely Hotel Cloud, Airline Cloud, Holiday Cloud, Payment Cloud, CMS Cloud, Advertising Cloud, Events Cloud, Service Cloud, Analytics Cloud, Sales Cloud and Marketing Cloud.</p> <p>A statement issued by the developer says that Tourism Core is built under the SaaS (Software as a Service) model to reduce the technology adaptation cost and operating costs for small to large tourism and hospitality industries of Nepal.</p> <p> “We use multiple local payment gateways such as Nabil Payment Gateway, Khalti, nPay, Himalayan Bank Payment Gateway, NIBL E-Banking, NCHL-ipsConnect, SCT Debit Cards and international payment gateways, such as Visa, MasterCard, PayPal, American Express, Diner Club to process global card payments for these businesses right from their website. There are also options of bank transfer, remittance/money transfer and pay at office,” the statement said.</p> <p> NCS.Technology is a subsidiary of Thulo Group organization credited for establishing ecommerce platforms like NepBay.com, Thulo.com, Gurkha.Host.</p> <p>The launch event was inaugurated by Raja Ram Nepal, the CEO of Thulo Group. He explained about Tourism Core and how it can benefit tourism businesses. He also presented a live demo of the cloud platform to more than 80 audiences.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9442', 'image' => '20181223025435_Cloud.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9667', 'article_category_id' => '266', 'title' => 'Laxmi Group conducts social activities to mark its 45th anniversary', 'sub_title' => '', 'summary' => 'December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years.', 'content' => '<p>December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years. With the intent of keeping up with this legacy, Laxmi Group conducted several social activities on the occasion of its corporate day on December 20.</p> <p>Issuing a statement, Laxmi Group said it celebrated the 45<sup>th</sup> year of establishment on December 20 by organizing several social programs.</p> <p>As part of the CSR activities, Laxmi Group organized a blood donation program at its head office in Pokhara and corporate office in Kathmandu. A total of 116 people from Pokhara and 75 people from Kathmandu donated blood during this program.</p> <p>Similarly, the sister concerns of Laxmi Group, Sujal Foods Pvt Ltd, Sujal Dairy Pvt Ltd, Jaya Packaging Pvt Ltd, Sujal Plastics Pvt Ltd, Laxmi Intercontinental Pvt Ltd and Jaima Intercontinental Pvt Ltd organized different programs on the occasion of its corporate day.</p> <p>Laxmi Intercontinental Pvt Ltd, the sole authorized distributor of Hyundai Motors for Nepal organized sanitation program on the premises of Suryabinayak Temple and Batukbhairab Temple.</p> <p>Laxmi Intercontinental also distributed school bags and warm jackets for the children of SGCP Nepal who are the suffering from cerebral palsy.</p> <p>Similarly, Sujal Foods distributed confectionary gifts to the children of Child Protection Home, Sifal and Joint Disabled Unity Aawaz Center at Gokarna.</p> <p>Laxmi Group made a commitment to continue with its CSR activities like it has been doing for the past 45 years.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9441', 'image' => '20181223023404_Laxmi.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9666', 'article_category_id' => '266', 'title' => 'Christmas Tree Lighting at Hyatt Regency', 'sub_title' => '', 'summary' => 'December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.', 'content' => '<p>December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.</p> <p>The five-star hotel said in a statement that Christmas tree and gingerbread house draw the attention of its guests during this time of the year.</p> <p>The hotel further said that they used recycled materials to decorate the Christmas tree to foster sustainable environmental practices.</p> <p>According to the statement, altogether 4,600 bottles and wooden pallets were used as the main materials for Christmas decorations this year.</p> <p>Likewise, the gingerbread house was decorated with 11,963 ginger biscuits and along with meringue, icing, sugar paste, doughnuts and chocolates, which took 39 hours to complete.</p> <p>“The lobby was beautifully decorated with a 14-foot Christmas tree with lots of brightly decorated boxes placed under it. The annual ceremony began with traditional Christmas carols performed by children from John Dewey School. The tree was lit by Abdullah Tuncer Kececi, general manager of Turkish Airlines,” read the statement issued on December 20.</p> <p>According to the hotel, the highlight of the event was the arrival of Santa Claus, who came on a bicycle with his bag full of sweets and bellowing “ho ho ho.”</p> <p>“The children and adults too, jumped with excitement and started taking selfies.”</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9440', 'image' => '20181223022401_hyatt.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9665', 'article_category_id' => '1', 'title' => 'Court’s Verdict in Favour of Italian Contractor Company CMC', 'sub_title' => '', 'summary' => 'December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.', 'content' => '<p>December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.</p> <p>A single bench of Chief Judge Prakash Kumar Gurung issued the directive not to implement the government decision to seize the surety amount until the next directive to be issued on Sunday, December 23.</p> <p>According to Rastriya Samachar Samiti, the registrar of Patan High Court Baburam Dahal said that both the sides have been summoned at the court on Sunday.</p> <p>The state-run news agency, RSS, reported that the CMC had informed the Melamchi Water Suppl;y Project to scrap the agreement some two weeks ago.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9439', 'image' => '20181223012002_cmc.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9664', 'article_category_id' => '1', 'title' => 'Tax net to be Broadened: Finance Minister', 'sub_title' => '', 'summary' => 'December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. ', 'content' => '<p>December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. The finance minister made such remark while inaugurating a newly-constructed building of the Internal Revenue Office in Nepalgunj on Saturday, December 22.</p> <p>According to Rastriya Samachar Samiti, Minister Khatiwada said during the function that businesspersons would be brought under the tax net. The state-run news agency reported that the tax net is being expanded based on geography and the establishment of revenue office in Surkhet is the example of this.</p> <p>The finance minister shared that efforts were on to expand revenue offices in various geographical regions.</p> <p>“If the taxpayers are discouraged, they can lodge complaints at the concerned offices,” the RSS quoted the minister as saying.</p> <p>"In case of political pressure, both the payers and receivers can contact me. Adherence to law and regulations is imperative in the financial transaction."</p> <p>According to him, sub-customs offices would be made more functional and well managed in order to revive the smooth collection of revenue from various parts of the country. The sub-customs offices would be set up in new border points, the minister shared the government’s plan.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9438', 'image' => '20181223010947_yub raj khatiwada (1).jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9663', 'article_category_id' => '1', 'title' => 'Commercial Banks to lower Interest Rate Below 10 percent', 'sub_title' => '', 'summary' => 'December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.', 'content' => '<p>December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.</p> <p>Breaching the previous agreement to keep the interest rate as per the regulations of the central bank, the commercial banks had started to increase the rates to attract deposits.</p> <p>Organizing a meeting in the capital on Thursday with the chief executive officers (CEOs) of the commercial banks, the Nepal Rastra Bank had instructed the banks not to compete on interest rates to attract deposits.</p> <p>According to the representatives of the development banks, the competition of raising interest rates on deposits has created problems for the development banks. It was said that the increase in the interest rates has had negative impacts on the capital market and the whole economy of the country.</p> <p>In a separate meeting with the Nepal Bankers’ Association (NBA) on Thursday, the CEOs of 28 commercial banks agreed to lower the interest rate below 10 percent. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9437', 'image' => '20181221035225_Interest-Rates.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9662', 'article_category_id' => '266', 'title' => 'Thutepipal Branch of Nepal Bank', 'sub_title' => '', 'summary' => 'December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. ', 'content' => '<p>December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. The bank’s CEO Devendra Pratap Shah and Ashok Poudel, director at Siddharthanagar branch of Nepal Rastra Bank, jointly inaugurated the branch amid a function on Wednesday, December 19.</p> <p>According to the bank, it opened the branch according to the policy of Nepal Rastra Bank to extend banking service in all parts of the country. With this, the bank has 154 branches.</p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9436', 'image' => '20181221012309_bank.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9660', 'article_category_id' => '1', 'title' => 'Bhojpur-Biratnagar Flights Disrupted for Over Two Weeks', 'sub_title' => '', 'summary' => 'December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. ', 'content' => '<p>December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. <br /> The poor visibility caused by hazy weather has obstructed flights to and from Bhojpur for over 15 days, the state-run news agency, Rastriya Samachar Samiti, quoted NAC’s Bhojpur branch office as saying. <br /> The Bhojpur-Biratnagar flights will resume only after weather condition improves, shared assistant station chief of NAC’s Bhojpur branch, Raju Mijar. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9435', 'image' => '20181221125334_adsfasfdf.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '9675', 'article_category_id' => '1', 'title' => '‘Promote Domestic Products’', 'sub_title' => '', 'summary' => 'December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.', 'content' => '<p>December 24: Stakeholders have urged the government to promote domestic products of Nepal to protect the home-grown industries.</p> <p>Speaking at the inauguration of the 9th edition of Neek Electric Expo at Bhrikutimandap on Friday, December 21, President of Confederation of Nepalese Industries, Hari Bhakta Sharma, said that the government should create a favourable environment for the Nepali industries to sustain in the market.</p> <p>He urged the government to control or even ban the import of those products which can be produced in Nepal.</p> <p>Similarly, Shekhar Golcha, senior vice president of FNCCI, appealed to the government to control illegal trade and promote domestic products while also protecting international and national brands.</p> <p>Expressing concern on the trade deficit of the country, Golchha said that trade deficit has become a major challenge for the country as it has started affecting the country’s ‘balance of payment’.</p> <p>He further said that the cost of doing business in Nepal is higher than other nations because of which there is no hope for having foreign investment in other sectors except tourism and hydropower.</p> <p>In such scenario, the development of energy sector would help in the government’s target of attaining per capita income of $2000.</p> <p>Nepal Ekarat Engineering Company (NEEK), the title sponsor of the event, also emphasized on developing industries that help to increase the use of electricity and electric products within the country. Managing Director of the company Kush Kumar Joshi said, “Hydro energy is the main base to bring prosperity to the country.”</p> <p>On the formal inauguration of the event organised by Federation of Electrical Entrepreneurs of Nepal (FEEN), representatives from different eminent organizations and associations of the country also reiterated the importance of utilization, prioritization and promotion of domestic products within domestic market.</p> <p>Sudarshan Prasad Paudyal, first vice president of the Federation of Electrical Entrepreneurs of Nepal (FEEN) which is organising the five-day event, said that the expo will help in promoting trade of electrical goods through this platform where customers and producers meet face to face.</p> <p>On the occasion, Paudyal informed that the country imported electric goods worth Rs 78.30 billion in the fiscal year (FY) 2017/18 while it has imported such goods worth Rs 28.47 billion in the first four months of the current FY.</p> <p>In this context, FEEN urged the support from the government to promote electrical products produced in Nepal and also to waive the customs duty for the import of energy-efficient electrical goods.</p> <p>The expo organised with the theme “Energy for Economic Prosperity” features 77 different stalls exhibiting different foreign and national electric brands, energy-efficient products, safety products and smart technological products. The expo expects to attract 100,000 visitors. The five-day expo will be conclude on December 25.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9449', 'image' => '20181224024345_DSC_0243.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9674', 'article_category_id' => '1', 'title' => 'NEA and Mid-Trishuli Ganga sign PPA', 'sub_title' => '', 'summary' => 'December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.', 'content' => '<p>December 24: Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with mid-Trishuli Ganga Hydropower Project which is under construction in Nuwakot.</p> <p>Rastriya Samachar Samiti reported that the deal was signed by the NEA and Perfect Energy Development Pvt Ltd, the promoter company, for the purchase of power generated from the 19.41-MW hydropower project.</p> <p>According to the agreement, electricity generated from the project in the dry season (December-May) will be purchased at the unit cost of Rs 8.40. Perfect Energy Development Pvt Ltd said in a statement that the NEA will purchase electricity at Rs 4.40 per unit in the rainy season.</p> <p>The agreement was signed by Deputy Executive Director of Planning, Monitoring and Information Technology Directorate Jagadisworman Singh and Power Trade Department Chief Prabal Ahikari on behalf of NEA and Managing Director Bharat Kumar Khadka and residential engineer Devendra Basnet on behalf of the promoter company.</p> <p>As per the PPA, the project will complete the construction of the hydropower in May 2023 and subsequently supply electricity to the NEA. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-24', 'modified' => '2018-12-24', 'keywords' => '', 'description' => '', 'sortorder' => '9448', 'image' => '20181224014756_nea.jpg', 'article_date' => '2018-12-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9668', 'article_category_id' => '1', 'title' => 'Japanese Delegation Meets Finance Minister to discuss Development Assistance', 'sub_title' => '', 'summary' => 'December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21.', 'content' => '<p>December 23: A four-member delegation of the House of Councillors of Japan led by Katsumi Ogawa paid a courtesy call to Finance Minister DrYuba Raj Khatiwada on Friday, December 21. Other members of the delegation comprised of Noburiro Miura, Shinkun Haku and Makoto Hamaguchi, all of them members of the House of Councillors. Japanese Ambassador to Nepal Masamichi Saigo also accompanied the delegation.</p> <p>According to the Ministry of Finance, the purpose of the visit was to look into the status of Japanese Official Development Assistance (ODA) to Nepal and its effectiveness.</p> <p>The Japanese delegation expressed happiness to observe long and cordial bilateral relationship since 1956 and development cooperation relationship since 1969 between Nepal and Japan, reads a statement issued by the ministry.</p> <p>Finance Minister Khatiwada shed light about Nepal’s policy of ODA utilization through proper budgetary system.</p> <p>“Communicating Nepal’s primary intention of utilizing ODA as a stimulator to help Nepal’s progress, he stressed the need for other areas of cooperation, including through FDI, enhanced access to international trade, tourism and technology transfer,” the statement said.</p> <p>During the meeting, the finance minister revealed huge financial gap in Nepal to meet the fundamental civil rights as enshrined in the constitution, graduate from LDC status by 2022, achieve SDGs by 2030 and manage transition to federalism smoothly, according to the ministry.</p> <p>In this context, the finance minister mentioned four areas that Nepal will have to look for higher ODA for some years to come. Minister Khatiwada informed the delegation about Public Finance Management (PFM) reform agenda initiated by Nepal for optimization of taxpayers’ money.</p> <p>Firstly, he said that Nepal has developed robust system of output-linked resource and budget allocation monitored continuously by the National Planning Commission, the Prime Minister’s Office and sectoral ministries. Secondly, Nepal has rigorous reporting and auditing system in place. Thirdly, strict scrutiny is being conducted by oversight agencies, including parliamentary committees and other surveillance agencies including anti-corruption body. Fourthly, there is a system of continuous vigilance of ODA funded projects by the Ministry of Finance, the minister told the visiting delegation.</p> <p>Against this backdrop, the finance minister urged the delegation to scale-up Japanese cooperation in post-earthquake rehabilitation and reconstruction, in education and health, and in infrastructure development. He also urged for the people-to-people relationship to be enhanced through higher level of air connectivity between the two countries.</p> <p>The delegation, according to the ministry, expressed happiness to listen to the finance minister’s highlights on ODA policy and the ongoing reform initiatives.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9447', 'image' => '20181223024915_Japanese Parliamentarians-.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9673', 'article_category_id' => '1', 'title' => 'National Education Conference Concludes', 'sub_title' => '', 'summary' => 'December 23: The National Education Conference concluded in the capital on Friday, December 21.', 'content' => '<p>December 23: The National Education Conference concluded in the capital on Friday, December 21. The two-day conference organised by the High Level National Education Commission at Budanilkantha School discussed on various issues of the draft prepared for the formulation of new education policy in the country. The draft was prepared based on the suggestions and ideas accumulated by the commission from experts and stakeholders from all seven provinces of the country.</p> <p>According to Minister for Education, Giriraj Mani Pokharel, the new education policy will fit the federal structure of the country. He said that the new education policy will be prepared according to the current need of the nation to ensure quality education.</p> <p>The minister further said that Nepal has been adopting education policy prepared by foreign education consultants but the new policy will be native to the country. Pokharel also said that subjects such as yoga, agriculture, veterinary science, forestry will be included in the secondary level education. Technical subjects will also to be included in the curriculum of the secondary level education.</p> <p>During the event, discussions were held on different issues related to education including curriculum for secondary level, teachers’ qualification, services, remuneration and the country’s education scenario. The education draft has mentioned that a secondary level teacher should have secured first division or ‘B+’ grade in his/her Master’s Degree. Similarly, teachers’ remuneration will be up to 10 percent more as compared to the people holding the same grades in other government posts. The draft aims to attract excellent candidates in education profession in the secondary level and other schools.</p> <p>Likewise, the draft has mentioned that the maximum period of any teacher to be appointed in a particular school will be of five years after which he/she will be transferred automatically. Women candidates are given high priority in the profession and one Dalit teacher is made compulsory for each school in the Dalit community.</p> <p>Likewise, the event also highlighted that education curriculum will be updated in due course of time. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9446', 'image' => '20181223035031_IMG_20181221_155406.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9672', 'article_category_id' => '266', 'title' => 'Yunus Centre Initiates Business Incubation Programme', 'sub_title' => '', 'summary' => 'December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.', 'content' => '<p>December 23: Yunus Social Business Center at King’s College signed separate Memorandum of Understandings (MOU) with Kathmandu Model College Network, Orchid International College, Samriddhi College, and Koteshwor Multiple College to facilitate youths to help them shape their ideas into commercial and sustainable venture through “Business Incubation Program”.</p> <p style="margin-left:3.75pt">The signatories will work together to promote entrepreneurship among the youths in their respective colleges to conceptualize, produce and design start-ups with a potential to scale and create employment for more youths inside as well as outside the colleges.</p> <p>As per the MOU, Yunus Social Business Centre, King’s College will offer 10 weeks business incubation programme for all the students of the colleges signing the MOU. However, Yunus will also provide business incubation support program to selected students of other colleges. The program will facilitate, support, help, and guide them shape their ideas into commercial venture. Moreover, Yunus Centre will also help the students connect with mentors, industry professionals, and build support system.</p> <p>Likewise, Kathmandu Model College has created seed fund of Rs 1 million, Orchid International College has created seed fund of Rs 100,000 and Koteshwor Multiple College and Samriddhi College have created seed fund of Rs 50,000 as a startup fund for their own students to continue with the mission.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9445', 'image' => '20181223033637_Yunus Photo 3.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9671', 'article_category_id' => '266', 'title' => 'Paanch Pokhari wins Nepal-Pakistan Friendship T-20 Cricket Tournament', 'sub_title' => '', 'summary' => 'December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.', 'content' => '<p>December 23: Paanch Pokhari Cricket Club won the title of Nepal-Pakistan Friendship T-20 Cricket Tournament organised recently by the Embassy of Pakistan in Kathmandu.</p> <p>Issuing a statement on Friday, the Pakistani embassy said that Royal Indoor Cricket Club finished as the runner-up in the 10-day competition participated by 16 Nepali cricket teams.</p> <p>According to the embassy, it was the fourth annual event of its type.</p> <p>Pakistan’s Ambassador to Nepal Mazhar Javed vowed to further energize the embassy’s efforts to bring the youths of two countries closer together. This, he said, was an important pillar of the people-to-people contacts between Pakistan and Nepal. </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9444', 'image' => '20181223031831_t20.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9670', 'article_category_id' => '266', 'title' => 'OPPO Unveils Find X 5G Prototype', 'sub_title' => 'Company emphasizes its commitment to working with partners to build a new 5G industry ecosystem', 'summary' => 'December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8.', 'content' => '<p>December 23: Chinese smartphone manufacturer OPPO unveiled its Find X 5G Prototype at the 2018 China Mobile Global Partners Conference, which was held from in Guangzhou from December 6 to 8. OPPO said in a statement issued on December 23 that it would work together with industry partners worldwide to develop a new 5G ecosystem.</p> <p> The OPPO Find X flagship smartphone, launched earlier this year, leads the all-screen trend in the smartphone industry. With the Find X, OPPO officially entered the Western European market, enabling the company to reach out to more consumers in developed countries, the statement said.</p> <p>The OPPO Find X 5G prototype, with its engineering sample Snapdragon 855 and X50 5G modem, offers outstanding 5G performance, and garnered much attention from visitors at the Global Partners Conference. At the event, OPPO, Qualcomm and Keysight Technologies Inc, a world-leading electronic measurement company, demonstrated 5G data connectivity and applications including browsing, online video replay and video call using the Find X 5G prototype.</p> <p> Looking forward to the longer term, OPPO has introduced the concept of “5G+”, with a belief that the 5G+ era will be an era where everything is connected and ‘experience is king’.</p> <p>“The smartphone will be at the core of a wide range of smart devices, which will all be connected through the 5G network. To address the areas of ‘smart health’ and ‘smart home’, OPPO has already begun work on several smart devices, exploring the intersection of 5G and cutting-edge technologies, and is collaboratively building a 5G+ innovation ecosystem with the entire industry,” said Brian Shen, Global Vice President of OPPO and President of China Business.</p> <p>Levin Liu, Head of OPPO Research Institute, added that “OPPO will drive the advancement of 5G together with AI, Big data and Cloud Computing (5G + ABC), making smartphones and smart devices truly ‘intelligent personal assistants’. We believe that rich 5G application scenarios and killer 5G applications will emerge in the future, bringing disruptive experiences to users.”</p> <p>In building a 5G ecosystem, OPPO said it will continue deepening its collaboration with Qualcomm, network infrastructure manufacturers' telecom service providers and other supply chain partners. In China, OPPO will work with China Mobile to accelerate the commercialization of 5G devices and build a new ecosystem for the 5G industry through China Mobile’s ‘5G Device Forerunner Initiative’. Outside China, OPPO is in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9443', 'image' => '20181223031023_5G Prototype 1.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9669', 'article_category_id' => '1', 'title' => 'Tourism Core Software to Help Users Build Own Tourism Website', 'sub_title' => '', 'summary' => 'December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. ', 'content' => '<p>December 23: NCS.Technology has developed Tourism Core, a new all-in-one cloud platform that helps users build their own tourism website. The developer claimed that the online software has been launched as a growth engine for tourism businesses for the first time in Nepal.</p> <p>According to the developer, one of the most important features of Tourism Core is that it provides opportunity for tourism businesses to sell domestic and international airline tickets, holiday packages and hotel rooms right from their websites.</p> <p>During the launch held at Hotel Ambassador on December 17, the developer announced that Tourism Core consists of 11 core clouds, which are namely Hotel Cloud, Airline Cloud, Holiday Cloud, Payment Cloud, CMS Cloud, Advertising Cloud, Events Cloud, Service Cloud, Analytics Cloud, Sales Cloud and Marketing Cloud.</p> <p>A statement issued by the developer says that Tourism Core is built under the SaaS (Software as a Service) model to reduce the technology adaptation cost and operating costs for small to large tourism and hospitality industries of Nepal.</p> <p> “We use multiple local payment gateways such as Nabil Payment Gateway, Khalti, nPay, Himalayan Bank Payment Gateway, NIBL E-Banking, NCHL-ipsConnect, SCT Debit Cards and international payment gateways, such as Visa, MasterCard, PayPal, American Express, Diner Club to process global card payments for these businesses right from their website. There are also options of bank transfer, remittance/money transfer and pay at office,” the statement said.</p> <p> NCS.Technology is a subsidiary of Thulo Group organization credited for establishing ecommerce platforms like NepBay.com, Thulo.com, Gurkha.Host.</p> <p>The launch event was inaugurated by Raja Ram Nepal, the CEO of Thulo Group. He explained about Tourism Core and how it can benefit tourism businesses. He also presented a live demo of the cloud platform to more than 80 audiences.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9442', 'image' => '20181223025435_Cloud.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9667', 'article_category_id' => '266', 'title' => 'Laxmi Group conducts social activities to mark its 45th anniversary', 'sub_title' => '', 'summary' => 'December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years.', 'content' => '<p>December 23: Laxmi Group said it been fulfilling its commitment to the society through several CSR activities for the past 45 years. With the intent of keeping up with this legacy, Laxmi Group conducted several social activities on the occasion of its corporate day on December 20.</p> <p>Issuing a statement, Laxmi Group said it celebrated the 45<sup>th</sup> year of establishment on December 20 by organizing several social programs.</p> <p>As part of the CSR activities, Laxmi Group organized a blood donation program at its head office in Pokhara and corporate office in Kathmandu. A total of 116 people from Pokhara and 75 people from Kathmandu donated blood during this program.</p> <p>Similarly, the sister concerns of Laxmi Group, Sujal Foods Pvt Ltd, Sujal Dairy Pvt Ltd, Jaya Packaging Pvt Ltd, Sujal Plastics Pvt Ltd, Laxmi Intercontinental Pvt Ltd and Jaima Intercontinental Pvt Ltd organized different programs on the occasion of its corporate day.</p> <p>Laxmi Intercontinental Pvt Ltd, the sole authorized distributor of Hyundai Motors for Nepal organized sanitation program on the premises of Suryabinayak Temple and Batukbhairab Temple.</p> <p>Laxmi Intercontinental also distributed school bags and warm jackets for the children of SGCP Nepal who are the suffering from cerebral palsy.</p> <p>Similarly, Sujal Foods distributed confectionary gifts to the children of Child Protection Home, Sifal and Joint Disabled Unity Aawaz Center at Gokarna.</p> <p>Laxmi Group made a commitment to continue with its CSR activities like it has been doing for the past 45 years.</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9441', 'image' => '20181223023404_Laxmi.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9666', 'article_category_id' => '266', 'title' => 'Christmas Tree Lighting at Hyatt Regency', 'sub_title' => '', 'summary' => 'December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.', 'content' => '<p>December 23: To mark the beginning of Christmas, Hyatt Regency Kathmandu recently hosted a Christmas tree lighting ceremony for the third year in a row.</p> <p>The five-star hotel said in a statement that Christmas tree and gingerbread house draw the attention of its guests during this time of the year.</p> <p>The hotel further said that they used recycled materials to decorate the Christmas tree to foster sustainable environmental practices.</p> <p>According to the statement, altogether 4,600 bottles and wooden pallets were used as the main materials for Christmas decorations this year.</p> <p>Likewise, the gingerbread house was decorated with 11,963 ginger biscuits and along with meringue, icing, sugar paste, doughnuts and chocolates, which took 39 hours to complete.</p> <p>“The lobby was beautifully decorated with a 14-foot Christmas tree with lots of brightly decorated boxes placed under it. The annual ceremony began with traditional Christmas carols performed by children from John Dewey School. The tree was lit by Abdullah Tuncer Kececi, general manager of Turkish Airlines,” read the statement issued on December 20.</p> <p>According to the hotel, the highlight of the event was the arrival of Santa Claus, who came on a bicycle with his bag full of sweets and bellowing “ho ho ho.”</p> <p>“The children and adults too, jumped with excitement and started taking selfies.”</p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9440', 'image' => '20181223022401_hyatt.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9665', 'article_category_id' => '1', 'title' => 'Court’s Verdict in Favour of Italian Contractor Company CMC', 'sub_title' => '', 'summary' => 'December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.', 'content' => '<p>December 23: The Patan High Court on Friday issued an interim order preventing the government to freeze the surety amount of Italian contractor company CMC, the firm responsible to construct the tunnel of Melamchi Water Supply Project.</p> <p>A single bench of Chief Judge Prakash Kumar Gurung issued the directive not to implement the government decision to seize the surety amount until the next directive to be issued on Sunday, December 23.</p> <p>According to Rastriya Samachar Samiti, the registrar of Patan High Court Baburam Dahal said that both the sides have been summoned at the court on Sunday.</p> <p>The state-run news agency, RSS, reported that the CMC had informed the Melamchi Water Suppl;y Project to scrap the agreement some two weeks ago.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9439', 'image' => '20181223012002_cmc.jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9664', 'article_category_id' => '1', 'title' => 'Tax net to be Broadened: Finance Minister', 'sub_title' => '', 'summary' => 'December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. ', 'content' => '<p>December 23: Finance Minister Dr Yuba Raj Khatiwada has said that the government is expanding the tax. The finance minister made such remark while inaugurating a newly-constructed building of the Internal Revenue Office in Nepalgunj on Saturday, December 22.</p> <p>According to Rastriya Samachar Samiti, Minister Khatiwada said during the function that businesspersons would be brought under the tax net. The state-run news agency reported that the tax net is being expanded based on geography and the establishment of revenue office in Surkhet is the example of this.</p> <p>The finance minister shared that efforts were on to expand revenue offices in various geographical regions.</p> <p>“If the taxpayers are discouraged, they can lodge complaints at the concerned offices,” the RSS quoted the minister as saying.</p> <p>"In case of political pressure, both the payers and receivers can contact me. Adherence to law and regulations is imperative in the financial transaction."</p> <p>According to him, sub-customs offices would be made more functional and well managed in order to revive the smooth collection of revenue from various parts of the country. The sub-customs offices would be set up in new border points, the minister shared the government’s plan.</p> <p> </p> ', 'published' => true, 'created' => '2018-12-23', 'modified' => '2018-12-23', 'keywords' => '', 'description' => '', 'sortorder' => '9438', 'image' => '20181223010947_yub raj khatiwada (1).jpg', 'article_date' => '2018-12-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9663', 'article_category_id' => '1', 'title' => 'Commercial Banks to lower Interest Rate Below 10 percent', 'sub_title' => '', 'summary' => 'December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.', 'content' => '<p>December 21: After strong warning from the central bank, the commercial banks of Nepal have agreed to keep the interest rates on deposits below 10 percent.</p> <p>Breaching the previous agreement to keep the interest rate as per the regulations of the central bank, the commercial banks had started to increase the rates to attract deposits.</p> <p>Organizing a meeting in the capital on Thursday with the chief executive officers (CEOs) of the commercial banks, the Nepal Rastra Bank had instructed the banks not to compete on interest rates to attract deposits.</p> <p>According to the representatives of the development banks, the competition of raising interest rates on deposits has created problems for the development banks. It was said that the increase in the interest rates has had negative impacts on the capital market and the whole economy of the country.</p> <p>In a separate meeting with the Nepal Bankers’ Association (NBA) on Thursday, the CEOs of 28 commercial banks agreed to lower the interest rate below 10 percent. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9437', 'image' => '20181221035225_Interest-Rates.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9662', 'article_category_id' => '266', 'title' => 'Thutepipal Branch of Nepal Bank', 'sub_title' => '', 'summary' => 'December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. ', 'content' => '<p>December 21: Nepal Bank Ltd has opened its new branch at Thutepipal of Om Saiya Rural Municipality in Rupandehi district. The bank’s CEO Devendra Pratap Shah and Ashok Poudel, director at Siddharthanagar branch of Nepal Rastra Bank, jointly inaugurated the branch amid a function on Wednesday, December 19.</p> <p>According to the bank, it opened the branch according to the policy of Nepal Rastra Bank to extend banking service in all parts of the country. With this, the bank has 154 branches.</p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9436', 'image' => '20181221012309_bank.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9660', 'article_category_id' => '1', 'title' => 'Bhojpur-Biratnagar Flights Disrupted for Over Two Weeks', 'sub_title' => '', 'summary' => 'December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. ', 'content' => '<p>December 21: Nepal Airlines Corporation’s Bhojpur-Biratnagar flights have been disrupted for over two weeks due to poor weather condition in the Terai. <br /> The poor visibility caused by hazy weather has obstructed flights to and from Bhojpur for over 15 days, the state-run news agency, Rastriya Samachar Samiti, quoted NAC’s Bhojpur branch office as saying. <br /> The Bhojpur-Biratnagar flights will resume only after weather condition improves, shared assistant station chief of NAC’s Bhojpur branch, Raju Mijar. </p> <p> </p> ', 'published' => true, 'created' => '2018-12-21', 'modified' => '2018-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '9435', 'image' => '20181221125334_adsfasfdf.jpg', 'article_date' => '2018-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, '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