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Code Context
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			'id' => '20476',
			'article_category_id' => '1',
			'title' => 'Nepal Exports Juice worth Over Rs 4 Billion in Seven Months',
			'sub_title' => '',
			'summary' => 'March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs’ data of seven months of the current fiscal year (FY).',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs&rsquo; data of seven months of the current fiscal year (FY).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Juice ranks fifth in the list of most exported goods from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">According to the department, Nepal exported juice worth Rs 4.38 billion from mid-July to mid-February of the current fiscal year. During the review period, 4,57,67,682 liters of juice have been exported from Nepal. This is 11 percent more than the export during the same period of last year. Compared to the corresponding period of last fiscal year, the income from juice export has increased by 33 percent this year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Last year, 4,11,14,527 liters of juice worth Rs 3.28 billion were exported from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Nepal has been exporting juice to India, China, Australia, the United States of America, Italy, Germany and other countries. Most of them are exported to India. In the last seven months, 4,57,16,643 liters of juice worth Rs 4.34 billion were exported to India alone. Similarly, 26,103 liters of juice worth Rs 40.19 million were exported to China.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20203',
			'image' => '20240313124059_maxresdefault.jpg',
			'article_date' => '2024-03-13 12:40:25',
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			'id' => '20475',
			'article_category_id' => '1',
			'title' => 'House Panel forms Sub-Committee to Study Customs Duty on Sponge Iron and Billet   ',
			'sub_title' => '',
			'summary' => 'March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government had introduced zero tariff on import of sponge iron and significantly increased the excise duty on import of billet through the replacement bill in September 2021, drawing widespread controversy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government argued that it adopted this new policy with the aim of protecting domestic industries and promoting the establishment of billet plants in the country. However, industrialists argued that the policy was introduced without any prior discussions and was aimed to discourage existing industries.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In order to study the disputed issue, the parliamentary committee on Tuesday formed the seven-member sub-committee on Tuesday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The members of the sub-committee are Krishna Kumar Shrestha, Ganesh Parajuli, Geeta Basnet, Dhurba Thapa, Rekha Yadav, Lakshmi Mahato Koiri and Suryaman Tamang.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Meanwhile, the meeting of the committee also instructed concerned authorities to provide details of tobacco and production of tobacco products in Nepal and details of annual imports.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20202',
			'image' => '20240313111254_Parliament.jpg',
			'article_date' => '2024-03-13 11:12:05',
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			'id' => '20474',
			'article_category_id' => '1',
			'title' => 'Transportation Halted on Karnali Bridge as Fire Damages 14 Support Wires',
			'sub_title' => '',
			'summary' => 'March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A special technical team suggested the authorities not to operate vehicles on bridge until a detailed inspection was done, according to Road Division Office, Nepalgunj.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Engineer at the Division Office, Niraj Shakya, said vehicular movement along the bridge has being stopped for the time being. &quot;We reached the incident site on Monday night. Another technical team is arriving for further inspection,&quot; he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Police Inspector at Area Police Office, Chisapani, Hariram Dangi, said all the vehicle drivers were requested to use alternative routes with the closure of the regular route.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The vehicles operated from Sudurpaschim Province to federal capital Kathmandu and other provinces were asked to travel to Nepalgunj by Bardiya using the Sattipur Bridge.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A truck (Na 5 Kha 5297) heading towards the west suddenly caught fire while running on the Karnali Bridge on Monday afternoon. The fire from the truck later caught the construction wires of the bridge, spreading panic among the people. -- RSS</span></span></span></p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20201',
			'image' => '20240314123932_DN-Lamki.jpg',
			'article_date' => '2024-03-13 10:57:58',
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			'id' => '20473',
			'article_category_id' => '1',
			'title' => 'Over 1.4 Million Tourists Visit Singapore in February',
			'sub_title' => '',
			'summary' => 'A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 13: A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Chinese mainland topped Singapore&#39;s visitor source in February with nearly 327,000 travelers, followed by Indonesia, Malaysia, Australia, and Britain, the data showed.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China and Singapore implemented mutual 30-day visa-free travel in February. The STB estimated international visitor arrivals to reach 15 million to 16 million this year. (Agencies) </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
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			'sortorder' => '20200',
			'image' => '20240313060428_collage (50).jpg',
			'article_date' => '2024-03-13 06:03:14',
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			'id' => '20472',
			'article_category_id' => '1',
			'title' => 'NEPSE Surpasses 2100 Mark',
			'sub_title' => '',
			'summary' => 'The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55 points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55&nbsp;points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Throughout today&#39;s trading session, a total of 305 scrips were exchanged on the NEPSE through 82,746 transactions. This resulted in the trading of 10,609,597 units of shares, amounting to a total turnover of Rs 4.55 billion.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Leading the transactions was Shivam Cements Limited (SHIVM) with a total transaction worth Rs 37 crores. Furthermore, five companies, including Janautthan Samudayic Laghubitta Sanstha (JSLBB) and Jalpa Laghibitta Bittiya Sanstha (JALPA), experienced a 10% increase each, hitting the positive circuit for the day.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, the mutual fund named Himalayan 80-20 (H8020) suffered the highest loss, at 2.57%, closing at 9.10.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Regarding sector indices, all sector indices ended in positive territory. Notably, Life Insurance and Microfinance witnessed gains of 5.54% and 5.05%, respectively, while the Hydropower Index recorded a minimal gain of 0.99%.</span></span></p>
',
			'published' => true,
			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20199',
			'image' => '20240312041554_collage (11).jpg',
			'article_date' => '2024-03-12 16:14:53',
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	(int) 5 => array(
		'Article' => array(
			'id' => '20470',
			'article_category_id' => '1',
			'title' => 'Birds, Beetles, Bugs could Help Replace Pesticides: Study',
			'sub_title' => '',
			'summary' => 'March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the news report, pests are responsible for around 10 percent -- or 21 million tonnes -- of crop losses every year, but controlling them has lead to the widespread use of chemical pesticides.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Could birds, spiders and beetles among other invertebrate predators do the job as well?</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Researchers in Brazil, the United States and the Czech Republic analysed past research on predator pest control and found that they helped reduce pest populations by more than 70 percent, while increasing crop yields by 25 percent, added the news agency.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Natural predators are good pest control agents, and their maintenance is fundamental to guaranteeing pest control in a future with imminent climate change,&quot; lead author Gabriel Boldorini, a PhD student at the Federal Rural University of Pernambuco in Brazil, told AFP.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Although the researchers did not directly compare the effectiveness of invertebrates versus pesticides, he said, the damage that pesticides cause to ecosystems and biological control was well documented, from biodiversity loss and water and soil pollution to human health risks.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers found that predators were more effective at pest control in regions with greater rain variability -- which is expected to increase because of climate change.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers were also surprised to find that having a single species of natural predator was as effective as having multiple species, Boldorini said.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Generally speaking, the more species there are, the better ecosystems function. But there are exceptions,&quot; he said, adding that a single species could do the job just as well.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Climate change and rising carbon dioxide levels affect both crop yield and pest dynamics by expanding the distribution of pests and increasing their survival rates.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, other studies have shown that invertebrates vital for ecosystem health are suffering a rapid decline globally.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Boldorini said the conservation of invertebrates &quot;guarantees pest control and increased productivity, without damaging ecosystems&quot;. &ndash; AFP/RSS</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
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			'sortorder' => '20198',
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			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 12: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:11.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12</span></span><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '20469',
			'article_category_id' => '1',
			'title' => 'European Arms Imports nearly Doubles, Raising Concerns of Grant Cuts to Third World Countries',
			'sub_title' => '',
			'summary' => 'March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to a news report published by AFP, Ukraine has become the world&#39;s fourth largest arms importer, while France has replaced Russia as the world&#39;s second largest exporter behind the United States.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Arms imports to Europe rose by 94 percent in 2019-2023, compared to the preceding five-year period, while overall global arms transfers decreased slightly, according to a report by the Stockholm International Peace Research Institute (SIPRI).</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The increase is partially explained by the war in Ukraine, and Ukraine has become the fourth largest importer of arms in the world in the last five years,&quot; AFP quoted SIPRI researcher Katarina Djokic as saying.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">SIPRI noted that at least 30 countries had supplied major weapons as military aid to Ukraine since Russia invaded in February 2022. But other European nations also increased imports, with a larger share coming from the world&#39;s number one exporter of arms, the United States, added the report.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Russia -- which long held the position as the second largest exporter -- saw its exports fall by 53 percent between 2014-2018 and 2019-2023.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Russia was not only exporting fewer weapons, it was also exporting to fewer recipients. It only exported to 12 countries in 2023, compared to 31 in 2019, AFP added.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;There are also important changes in the policies of their biggest customer, China,&quot; Djokic said, adding China was traditionally one of the biggest recipients of Russian arms but has been pushing to develop its domestic production.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China still accounted for 21 percent of Russian exports, while India was the biggest recipient with 34 percent.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Experts say that the security threat in Europe may significantly impact the donors&rsquo; investment in humanitarian causes and other support to third world countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the context of Nepal, foreign grants provided by the donor agencies have been declining due to the decline in the capacity of the Government of Nepal to mobilize the foreign aid in addition to the external factors.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the latest Development Cooperation Report published by the Ministry of Finance, the government of Nepal received USD 1.44 billion from donors as foreign aid in the FY 2021/22, which is the lowest since FY 2017/18.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Among the development partners, Nepal received the maximum financial assistance from the World Bank in FY 2021/22. In the review year, 99.5 percent of the total loans received by Nepal were mainly from five development partners - World Bank, Asian Development Bank, International Monetary Fund, India and Japan.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, 57.5 percent of the total grants was received from the United Nations, the United Kingdom, Norway, the European Union and the Global Alliance for Vaccines and Immunization (GAVI).</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '20468',
			'article_category_id' => '266',
			'title' => 'Oriental Insurance Provides Financial Support of Rs 2 Million to Quake Victims and School Students',
			'sub_title' => '',
			'summary' => 'March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing a recent statement, the company said it provided Rs 1 million to the Prime Minister&#39;s Disaster Relief Fund to support the Jajarkot earthquake victims and Rs 1 million to Samata Educational Foundation for school students.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">RR Singh, the chairman and managing director of the insurance company with its head office in New Delhi, India along with General Manager Rekha Mohanty Thakur and CEO of its Nepal Office T Chakraborty handed over cheques to the PM Relief Fund as well as Samata Education Trust during a recent visit to Nepal.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the visit, Singh launched a new insurance policy &quot;Oriental Youth Eco Care policy&quot; in Nepal which is now available in the market for Nepalese citizens between the ages of 18 to 45 years. </span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Oriental Insurance Co Ltd. has been actively operating in Nepal since the year 2024 BS, functioning as a branch office of an Indian company under the auspices of the Government of India.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The company claimed that it provides insurance coverage for property, motor, marine, engineering, personal accident, health insurance, industries, factories, construction of bridges, including hydropower projects, according to customer&rsquo;s needs in addition to re-Insurance support to local insurance companies of Nepal. &nbsp;</span></span></p>
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			'keywords' => '',
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		'Article' => array(
			'id' => '20467',
			'article_category_id' => '1',
			'title' => 'The Government and Usury Victims Ink Four-Point Agreement',
			'sub_title' => '',
			'summary' => 'The government and the usury victims struggle committee have singed a four-pint agreement.  The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: The government and the usury victims struggle committee have singed a four-pint agreement. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the agreement, an inquiry commission will be formed to study the practice of exorbitant charging of interest by money lenders. The commission will submit its report within three months in accordance with the Commission of Inquiry Act, 2026 BS.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A request will also be made to the Ministry of Finance to make necessary arrangements in the upcoming budget for financial aid, relief and compensation to the underprivileged class so that they do not fall victims to usury. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">After walking for 23 days from Kakadvitta in Jhapa and Mahendranagar in Kanchanpur, the loan shark victims had arrived in Kathmandu on February 21. Spokesperson of Struggle Committee, Nirga Naveen, said the agitation been stopped following the agreement.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Deputy Prime Minister and Home Minister Rabi Lamichanne expressed the commitment to fully implement the agreement. Addressing the usury victims, he said that the government will make sure that the victims do not have to make such arduous journey travelling on foot to the capital seeking justice. (RSS) </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>
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			'sortorder' => '20194',
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	(int) 10 => array(
		'Article' => array(
			'id' => '20465',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Unveils Pink Debit Card',
			'sub_title' => '',
			'summary' => 'Siddhartha Bank Limited has introduced a 'Pink Debit Card' for its women customers under Women Saving Account on the occasion of International Women's Day 2024 with the aim of contributing to women's health.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: Siddhartha Bank Limited has introduced a &#39;Pink Debit Card&#39; for its women customers under Women Saving Account on the occasion of International Women&#39;s Day 2024 with the aim of contributing to women&#39;s health. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bank has unveiled pink card to encourage women customers to contribute to women&#39;s health programs as the bank will spend 0.10 per cent amount of the purchases made to the health programme. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This initiative is expected not only to encourages cashless transactions but also to contribute to conducing women&rsquo; health related programme. </span></span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '20192',
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			'article_date' => '2024-03-11 16:01:30',
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		'Article' => array(
			'id' => '20464',
			'article_category_id' => '1',
			'title' => 'Construction of ‘Pokhara Home’ Kicks off',
			'sub_title' => '',
			'summary' => 'The construction of a 'Pokhara home' with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: The construction of a &#39;Pokhara home&#39; with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The foundation stone was laid for the construction of the the building on Sunday coinciding the seventh establishment day of Pokhara Metropolitan City. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Pokhara metropolis mayor Dhanraj Acharya laid the foundation stone of Pokhara home building to be constructed in Pokhara-9, Prithvichowk. The home is is expected to be a destination of domestic and foreign tourists coming to visit Pokhara. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The five-storey building will be constructed at an investment of Rs 50.14 million, shared chief engineer of metropolis infrastructure development division, Surendra Pandey. As per the contract, the construction will be completed within next one and a half years, he informed. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The building will have parking on the ground floor, gift home and information centre on the first floor, library and meeting hall on the second floor, art gallery on the third floor and clock tower on the fifth floor, engineer Pandey said. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Laying the foundation stone, mayor Acharya said the &#39;Pokhara home&#39; will impart comprehensive information about Pokhara. The Pokhara home will become an original of wooden porch blending the use of traditional architecture and modern technology, mayor Acharya added. (RSS) </span></span></p>
',
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			'sortorder' => '20191',
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			'article_date' => '2024-03-11 14:40:58',
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	(int) 12 => array(
		'Article' => array(
			'id' => '20463',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
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			'keywords' => '',
			'description' => '',
			'sortorder' => '20190',
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		'Article' => array(
			'id' => '20462',
			'article_category_id' => '1',
			'title' => 'Nepal’s Trade Deficit Declines 1.8 Percent to Rs 811 Billion',
			'sub_title' => '',
			'summary' => 'March 11: Nepal’s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 11: Nepal&rsquo;s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The Current Macroeconomic and Financial Situation Report of Nepal released by the central bank on Sunday states that the trade deficit had decreased 18.7 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The export-import ratio decreased to 9.7 percent in the review period from 10.2 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the review period, merchandise exports decreased 7.1 percent to Rs 86.83 billion compared to a decrease of 29 percent in the same period of the previous year. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, exports to India and other countries decreased 11.3 percent and 2 percent whereas exports to China increased 338.8 percent. Exports of zinc sheet, particle board, juice, readymade garments, ginger among others increased whereas exports of palm oil, soybean oil, cardamom, tea, woolen carpet, among others decreased.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In the review period, merchandise imports decreased 2.3 percent to Rs 897.94 billion compared to a decrease of 19.9 percent a year ago. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, imports from India and other countries decreased 2.8 percent and 23.8 percent respectively while imports from China increased 38.4 percent. Imports of readymade garments, transport equipment, vehicle and other vehicle spare parts, aircraft spare parts, electrical equipment, MS wire rod, bars, and coils, among others increased whereas imports of crude soybean oil, gold, rice/paddy, petroleum products, crude palm oil, among others decreased.</span></span></span></p>
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		'Article' => array(
			'id' => '20459',
			'article_category_id' => '1',
			'title' => ' Rain and Snowfall Likely to Occur ',
			'sub_title' => '',
			'summary' => 'March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.    ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the Weather Forecasting Division under the Department of Hydrology and Meteorology, the weather will be generally cloudy in Sudurpaschim, Karnali, Lumbini and Gandaki provinces and partly cloudy in the hill region of Bagmati and Koshi provinces today.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Light to moderate rainfall is likely to occur at one or two places of the hill region of the country including Sudurpashchim Province, Karnali Province, Lumbini Province and Gandaki Province in the afternoon, the division stated. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, light snowfall is likely to occur at a few places of the high hill and mountainous region of Karnali Province and Sudurpashchim Province and at a few places of the rest of the high hill regions.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The weather will be partly to generally cloudy in the hill region and mainly fair in the rest of the country during the night. Light rain is likely to occur at one or two places of the high hills and mountainous regions of the country. -- RSS&nbsp; </span></span></span></span></p>
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		'Article' => array(
			'id' => '20476',
			'article_category_id' => '1',
			'title' => 'Nepal Exports Juice worth Over Rs 4 Billion in Seven Months',
			'sub_title' => '',
			'summary' => 'March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs’ data of seven months of the current fiscal year (FY).',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs&rsquo; data of seven months of the current fiscal year (FY).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Juice ranks fifth in the list of most exported goods from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">According to the department, Nepal exported juice worth Rs 4.38 billion from mid-July to mid-February of the current fiscal year. During the review period, 4,57,67,682 liters of juice have been exported from Nepal. This is 11 percent more than the export during the same period of last year. Compared to the corresponding period of last fiscal year, the income from juice export has increased by 33 percent this year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Last year, 4,11,14,527 liters of juice worth Rs 3.28 billion were exported from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Nepal has been exporting juice to India, China, Australia, the United States of America, Italy, Germany and other countries. Most of them are exported to India. In the last seven months, 4,57,16,643 liters of juice worth Rs 4.34 billion were exported to India alone. Similarly, 26,103 liters of juice worth Rs 40.19 million were exported to China.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20203',
			'image' => '20240313124059_maxresdefault.jpg',
			'article_date' => '2024-03-13 12:40:25',
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		'Article' => array(
			'id' => '20475',
			'article_category_id' => '1',
			'title' => 'House Panel forms Sub-Committee to Study Customs Duty on Sponge Iron and Billet   ',
			'sub_title' => '',
			'summary' => 'March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government had introduced zero tariff on import of sponge iron and significantly increased the excise duty on import of billet through the replacement bill in September 2021, drawing widespread controversy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government argued that it adopted this new policy with the aim of protecting domestic industries and promoting the establishment of billet plants in the country. However, industrialists argued that the policy was introduced without any prior discussions and was aimed to discourage existing industries.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In order to study the disputed issue, the parliamentary committee on Tuesday formed the seven-member sub-committee on Tuesday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The members of the sub-committee are Krishna Kumar Shrestha, Ganesh Parajuli, Geeta Basnet, Dhurba Thapa, Rekha Yadav, Lakshmi Mahato Koiri and Suryaman Tamang.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Meanwhile, the meeting of the committee also instructed concerned authorities to provide details of tobacco and production of tobacco products in Nepal and details of annual imports.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20202',
			'image' => '20240313111254_Parliament.jpg',
			'article_date' => '2024-03-13 11:12:05',
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			'id' => '20474',
			'article_category_id' => '1',
			'title' => 'Transportation Halted on Karnali Bridge as Fire Damages 14 Support Wires',
			'sub_title' => '',
			'summary' => 'March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A special technical team suggested the authorities not to operate vehicles on bridge until a detailed inspection was done, according to Road Division Office, Nepalgunj.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Engineer at the Division Office, Niraj Shakya, said vehicular movement along the bridge has being stopped for the time being. &quot;We reached the incident site on Monday night. Another technical team is arriving for further inspection,&quot; he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Police Inspector at Area Police Office, Chisapani, Hariram Dangi, said all the vehicle drivers were requested to use alternative routes with the closure of the regular route.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The vehicles operated from Sudurpaschim Province to federal capital Kathmandu and other provinces were asked to travel to Nepalgunj by Bardiya using the Sattipur Bridge.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A truck (Na 5 Kha 5297) heading towards the west suddenly caught fire while running on the Karnali Bridge on Monday afternoon. The fire from the truck later caught the construction wires of the bridge, spreading panic among the people. -- RSS</span></span></span></p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20201',
			'image' => '20240314123932_DN-Lamki.jpg',
			'article_date' => '2024-03-13 10:57:58',
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		'Article' => array(
			'id' => '20473',
			'article_category_id' => '1',
			'title' => 'Over 1.4 Million Tourists Visit Singapore in February',
			'sub_title' => '',
			'summary' => 'A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 13: A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Chinese mainland topped Singapore&#39;s visitor source in February with nearly 327,000 travelers, followed by Indonesia, Malaysia, Australia, and Britain, the data showed.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China and Singapore implemented mutual 30-day visa-free travel in February. The STB estimated international visitor arrivals to reach 15 million to 16 million this year. (Agencies) </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20200',
			'image' => '20240313060428_collage (50).jpg',
			'article_date' => '2024-03-13 06:03:14',
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		'Article' => array(
			'id' => '20472',
			'article_category_id' => '1',
			'title' => 'NEPSE Surpasses 2100 Mark',
			'sub_title' => '',
			'summary' => 'The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55 points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55&nbsp;points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Throughout today&#39;s trading session, a total of 305 scrips were exchanged on the NEPSE through 82,746 transactions. This resulted in the trading of 10,609,597 units of shares, amounting to a total turnover of Rs 4.55 billion.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Leading the transactions was Shivam Cements Limited (SHIVM) with a total transaction worth Rs 37 crores. Furthermore, five companies, including Janautthan Samudayic Laghubitta Sanstha (JSLBB) and Jalpa Laghibitta Bittiya Sanstha (JALPA), experienced a 10% increase each, hitting the positive circuit for the day.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, the mutual fund named Himalayan 80-20 (H8020) suffered the highest loss, at 2.57%, closing at 9.10.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Regarding sector indices, all sector indices ended in positive territory. Notably, Life Insurance and Microfinance witnessed gains of 5.54% and 5.05%, respectively, while the Hydropower Index recorded a minimal gain of 0.99%.</span></span></p>
',
			'published' => true,
			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20199',
			'image' => '20240312041554_collage (11).jpg',
			'article_date' => '2024-03-12 16:14:53',
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	(int) 5 => array(
		'Article' => array(
			'id' => '20470',
			'article_category_id' => '1',
			'title' => 'Birds, Beetles, Bugs could Help Replace Pesticides: Study',
			'sub_title' => '',
			'summary' => 'March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the news report, pests are responsible for around 10 percent -- or 21 million tonnes -- of crop losses every year, but controlling them has lead to the widespread use of chemical pesticides.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Could birds, spiders and beetles among other invertebrate predators do the job as well?</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Researchers in Brazil, the United States and the Czech Republic analysed past research on predator pest control and found that they helped reduce pest populations by more than 70 percent, while increasing crop yields by 25 percent, added the news agency.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Natural predators are good pest control agents, and their maintenance is fundamental to guaranteeing pest control in a future with imminent climate change,&quot; lead author Gabriel Boldorini, a PhD student at the Federal Rural University of Pernambuco in Brazil, told AFP.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Although the researchers did not directly compare the effectiveness of invertebrates versus pesticides, he said, the damage that pesticides cause to ecosystems and biological control was well documented, from biodiversity loss and water and soil pollution to human health risks.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers found that predators were more effective at pest control in regions with greater rain variability -- which is expected to increase because of climate change.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers were also surprised to find that having a single species of natural predator was as effective as having multiple species, Boldorini said.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Generally speaking, the more species there are, the better ecosystems function. But there are exceptions,&quot; he said, adding that a single species could do the job just as well.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Climate change and rising carbon dioxide levels affect both crop yield and pest dynamics by expanding the distribution of pests and increasing their survival rates.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, other studies have shown that invertebrates vital for ecosystem health are suffering a rapid decline globally.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Boldorini said the conservation of invertebrates &quot;guarantees pest control and increased productivity, without damaging ecosystems&quot;. &ndash; AFP/RSS</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20198',
			'image' => '20240312085847_KDN_Dang-DSC_5527.jpg',
			'article_date' => '2024-03-12 08:58:08',
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		'Article' => array(
			'id' => '20471',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 12: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:11.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12</span></span><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
',
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			'modified' => '2024-03-13',
			'keywords' => '',
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			'sortorder' => '20197',
			'image' => '20240312090039_PRO-KTM-IMG_0302.JPG',
			'article_date' => '2024-03-12 09:00:02',
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	(int) 7 => array(
		'Article' => array(
			'id' => '20469',
			'article_category_id' => '1',
			'title' => 'European Arms Imports nearly Doubles, Raising Concerns of Grant Cuts to Third World Countries',
			'sub_title' => '',
			'summary' => 'March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to a news report published by AFP, Ukraine has become the world&#39;s fourth largest arms importer, while France has replaced Russia as the world&#39;s second largest exporter behind the United States.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Arms imports to Europe rose by 94 percent in 2019-2023, compared to the preceding five-year period, while overall global arms transfers decreased slightly, according to a report by the Stockholm International Peace Research Institute (SIPRI).</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The increase is partially explained by the war in Ukraine, and Ukraine has become the fourth largest importer of arms in the world in the last five years,&quot; AFP quoted SIPRI researcher Katarina Djokic as saying.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">SIPRI noted that at least 30 countries had supplied major weapons as military aid to Ukraine since Russia invaded in February 2022. But other European nations also increased imports, with a larger share coming from the world&#39;s number one exporter of arms, the United States, added the report.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Russia -- which long held the position as the second largest exporter -- saw its exports fall by 53 percent between 2014-2018 and 2019-2023.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Russia was not only exporting fewer weapons, it was also exporting to fewer recipients. It only exported to 12 countries in 2023, compared to 31 in 2019, AFP added.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;There are also important changes in the policies of their biggest customer, China,&quot; Djokic said, adding China was traditionally one of the biggest recipients of Russian arms but has been pushing to develop its domestic production.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China still accounted for 21 percent of Russian exports, while India was the biggest recipient with 34 percent.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Experts say that the security threat in Europe may significantly impact the donors&rsquo; investment in humanitarian causes and other support to third world countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the context of Nepal, foreign grants provided by the donor agencies have been declining due to the decline in the capacity of the Government of Nepal to mobilize the foreign aid in addition to the external factors.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the latest Development Cooperation Report published by the Ministry of Finance, the government of Nepal received USD 1.44 billion from donors as foreign aid in the FY 2021/22, which is the lowest since FY 2017/18.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Among the development partners, Nepal received the maximum financial assistance from the World Bank in FY 2021/22. In the review year, 99.5 percent of the total loans received by Nepal were mainly from five development partners - World Bank, Asian Development Bank, International Monetary Fund, India and Japan.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, 57.5 percent of the total grants was received from the United Nations, the United Kingdom, Norway, the European Union and the Global Alliance for Vaccines and Immunization (GAVI).</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'keywords' => '',
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			'sortorder' => '20196',
			'image' => '20240312085726_at24_banner_image_himars_us_army_central.jpg',
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		'Article' => array(
			'id' => '20468',
			'article_category_id' => '266',
			'title' => 'Oriental Insurance Provides Financial Support of Rs 2 Million to Quake Victims and School Students',
			'sub_title' => '',
			'summary' => 'March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing a recent statement, the company said it provided Rs 1 million to the Prime Minister&#39;s Disaster Relief Fund to support the Jajarkot earthquake victims and Rs 1 million to Samata Educational Foundation for school students.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">RR Singh, the chairman and managing director of the insurance company with its head office in New Delhi, India along with General Manager Rekha Mohanty Thakur and CEO of its Nepal Office T Chakraborty handed over cheques to the PM Relief Fund as well as Samata Education Trust during a recent visit to Nepal.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the visit, Singh launched a new insurance policy &quot;Oriental Youth Eco Care policy&quot; in Nepal which is now available in the market for Nepalese citizens between the ages of 18 to 45 years. </span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Oriental Insurance Co Ltd. has been actively operating in Nepal since the year 2024 BS, functioning as a branch office of an Indian company under the auspices of the Government of India.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The company claimed that it provides insurance coverage for property, motor, marine, engineering, personal accident, health insurance, industries, factories, construction of bridges, including hydropower projects, according to customer&rsquo;s needs in addition to re-Insurance support to local insurance companies of Nepal. &nbsp;</span></span></p>
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		'Article' => array(
			'id' => '20467',
			'article_category_id' => '1',
			'title' => 'The Government and Usury Victims Ink Four-Point Agreement',
			'sub_title' => '',
			'summary' => 'The government and the usury victims struggle committee have singed a four-pint agreement.  The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: The government and the usury victims struggle committee have singed a four-pint agreement. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the agreement, an inquiry commission will be formed to study the practice of exorbitant charging of interest by money lenders. The commission will submit its report within three months in accordance with the Commission of Inquiry Act, 2026 BS.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A request will also be made to the Ministry of Finance to make necessary arrangements in the upcoming budget for financial aid, relief and compensation to the underprivileged class so that they do not fall victims to usury. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">After walking for 23 days from Kakadvitta in Jhapa and Mahendranagar in Kanchanpur, the loan shark victims had arrived in Kathmandu on February 21. Spokesperson of Struggle Committee, Nirga Naveen, said the agitation been stopped following the agreement.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Deputy Prime Minister and Home Minister Rabi Lamichanne expressed the commitment to fully implement the agreement. Addressing the usury victims, he said that the government will make sure that the victims do not have to make such arduous journey travelling on foot to the capital seeking justice. (RSS) </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>
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			'sortorder' => '20194',
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	(int) 10 => array(
		'Article' => array(
			'id' => '20465',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Unveils Pink Debit Card',
			'sub_title' => '',
			'summary' => 'Siddhartha Bank Limited has introduced a 'Pink Debit Card' for its women customers under Women Saving Account on the occasion of International Women's Day 2024 with the aim of contributing to women's health.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: Siddhartha Bank Limited has introduced a &#39;Pink Debit Card&#39; for its women customers under Women Saving Account on the occasion of International Women&#39;s Day 2024 with the aim of contributing to women&#39;s health. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bank has unveiled pink card to encourage women customers to contribute to women&#39;s health programs as the bank will spend 0.10 per cent amount of the purchases made to the health programme. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This initiative is expected not only to encourages cashless transactions but also to contribute to conducing women&rsquo; health related programme. </span></span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '20192',
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			'article_date' => '2024-03-11 16:01:30',
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		'Article' => array(
			'id' => '20464',
			'article_category_id' => '1',
			'title' => 'Construction of ‘Pokhara Home’ Kicks off',
			'sub_title' => '',
			'summary' => 'The construction of a 'Pokhara home' with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: The construction of a &#39;Pokhara home&#39; with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The foundation stone was laid for the construction of the the building on Sunday coinciding the seventh establishment day of Pokhara Metropolitan City. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Pokhara metropolis mayor Dhanraj Acharya laid the foundation stone of Pokhara home building to be constructed in Pokhara-9, Prithvichowk. The home is is expected to be a destination of domestic and foreign tourists coming to visit Pokhara. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The five-storey building will be constructed at an investment of Rs 50.14 million, shared chief engineer of metropolis infrastructure development division, Surendra Pandey. As per the contract, the construction will be completed within next one and a half years, he informed. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The building will have parking on the ground floor, gift home and information centre on the first floor, library and meeting hall on the second floor, art gallery on the third floor and clock tower on the fifth floor, engineer Pandey said. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Laying the foundation stone, mayor Acharya said the &#39;Pokhara home&#39; will impart comprehensive information about Pokhara. The Pokhara home will become an original of wooden porch blending the use of traditional architecture and modern technology, mayor Acharya added. (RSS) </span></span></p>
',
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			'sortorder' => '20191',
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			'article_date' => '2024-03-11 14:40:58',
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	(int) 12 => array(
		'Article' => array(
			'id' => '20463',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
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			'keywords' => '',
			'description' => '',
			'sortorder' => '20190',
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		'Article' => array(
			'id' => '20462',
			'article_category_id' => '1',
			'title' => 'Nepal’s Trade Deficit Declines 1.8 Percent to Rs 811 Billion',
			'sub_title' => '',
			'summary' => 'March 11: Nepal’s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 11: Nepal&rsquo;s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The Current Macroeconomic and Financial Situation Report of Nepal released by the central bank on Sunday states that the trade deficit had decreased 18.7 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The export-import ratio decreased to 9.7 percent in the review period from 10.2 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the review period, merchandise exports decreased 7.1 percent to Rs 86.83 billion compared to a decrease of 29 percent in the same period of the previous year. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, exports to India and other countries decreased 11.3 percent and 2 percent whereas exports to China increased 338.8 percent. Exports of zinc sheet, particle board, juice, readymade garments, ginger among others increased whereas exports of palm oil, soybean oil, cardamom, tea, woolen carpet, among others decreased.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In the review period, merchandise imports decreased 2.3 percent to Rs 897.94 billion compared to a decrease of 19.9 percent a year ago. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, imports from India and other countries decreased 2.8 percent and 23.8 percent respectively while imports from China increased 38.4 percent. Imports of readymade garments, transport equipment, vehicle and other vehicle spare parts, aircraft spare parts, electrical equipment, MS wire rod, bars, and coils, among others increased whereas imports of crude soybean oil, gold, rice/paddy, petroleum products, crude palm oil, among others decreased.</span></span></span></p>
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		'Article' => array(
			'id' => '20459',
			'article_category_id' => '1',
			'title' => ' Rain and Snowfall Likely to Occur ',
			'sub_title' => '',
			'summary' => 'March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.    ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the Weather Forecasting Division under the Department of Hydrology and Meteorology, the weather will be generally cloudy in Sudurpaschim, Karnali, Lumbini and Gandaki provinces and partly cloudy in the hill region of Bagmati and Koshi provinces today.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Light to moderate rainfall is likely to occur at one or two places of the hill region of the country including Sudurpashchim Province, Karnali Province, Lumbini Province and Gandaki Province in the afternoon, the division stated. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, light snowfall is likely to occur at a few places of the high hill and mountainous region of Karnali Province and Sudurpashchim Province and at a few places of the rest of the high hill regions.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The weather will be partly to generally cloudy in the hill region and mainly fair in the rest of the country during the night. Light rain is likely to occur at one or two places of the high hills and mountainous regions of the country. -- RSS&nbsp; </span></span></span></span></p>
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			'id' => '20476',
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			'title' => 'Nepal Exports Juice worth Over Rs 4 Billion in Seven Months',
			'sub_title' => '',
			'summary' => 'March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs’ data of seven months of the current fiscal year (FY).',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs&rsquo; data of seven months of the current fiscal year (FY).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Juice ranks fifth in the list of most exported goods from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">According to the department, Nepal exported juice worth Rs 4.38 billion from mid-July to mid-February of the current fiscal year. During the review period, 4,57,67,682 liters of juice have been exported from Nepal. This is 11 percent more than the export during the same period of last year. Compared to the corresponding period of last fiscal year, the income from juice export has increased by 33 percent this year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Last year, 4,11,14,527 liters of juice worth Rs 3.28 billion were exported from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Nepal has been exporting juice to India, China, Australia, the United States of America, Italy, Germany and other countries. Most of them are exported to India. In the last seven months, 4,57,16,643 liters of juice worth Rs 4.34 billion were exported to India alone. Similarly, 26,103 liters of juice worth Rs 40.19 million were exported to China.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20203',
			'image' => '20240313124059_maxresdefault.jpg',
			'article_date' => '2024-03-13 12:40:25',
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		'Article' => array(
			'id' => '20475',
			'article_category_id' => '1',
			'title' => 'House Panel forms Sub-Committee to Study Customs Duty on Sponge Iron and Billet   ',
			'sub_title' => '',
			'summary' => 'March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government had introduced zero tariff on import of sponge iron and significantly increased the excise duty on import of billet through the replacement bill in September 2021, drawing widespread controversy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government argued that it adopted this new policy with the aim of protecting domestic industries and promoting the establishment of billet plants in the country. However, industrialists argued that the policy was introduced without any prior discussions and was aimed to discourage existing industries.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In order to study the disputed issue, the parliamentary committee on Tuesday formed the seven-member sub-committee on Tuesday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The members of the sub-committee are Krishna Kumar Shrestha, Ganesh Parajuli, Geeta Basnet, Dhurba Thapa, Rekha Yadav, Lakshmi Mahato Koiri and Suryaman Tamang.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Meanwhile, the meeting of the committee also instructed concerned authorities to provide details of tobacco and production of tobacco products in Nepal and details of annual imports.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20202',
			'image' => '20240313111254_Parliament.jpg',
			'article_date' => '2024-03-13 11:12:05',
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		'Article' => array(
			'id' => '20474',
			'article_category_id' => '1',
			'title' => 'Transportation Halted on Karnali Bridge as Fire Damages 14 Support Wires',
			'sub_title' => '',
			'summary' => 'March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A special technical team suggested the authorities not to operate vehicles on bridge until a detailed inspection was done, according to Road Division Office, Nepalgunj.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Engineer at the Division Office, Niraj Shakya, said vehicular movement along the bridge has being stopped for the time being. &quot;We reached the incident site on Monday night. Another technical team is arriving for further inspection,&quot; he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Police Inspector at Area Police Office, Chisapani, Hariram Dangi, said all the vehicle drivers were requested to use alternative routes with the closure of the regular route.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The vehicles operated from Sudurpaschim Province to federal capital Kathmandu and other provinces were asked to travel to Nepalgunj by Bardiya using the Sattipur Bridge.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A truck (Na 5 Kha 5297) heading towards the west suddenly caught fire while running on the Karnali Bridge on Monday afternoon. The fire from the truck later caught the construction wires of the bridge, spreading panic among the people. -- RSS</span></span></span></p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20201',
			'image' => '20240314123932_DN-Lamki.jpg',
			'article_date' => '2024-03-13 10:57:58',
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	(int) 3 => array(
		'Article' => array(
			'id' => '20473',
			'article_category_id' => '1',
			'title' => 'Over 1.4 Million Tourists Visit Singapore in February',
			'sub_title' => '',
			'summary' => 'A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 13: A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Chinese mainland topped Singapore&#39;s visitor source in February with nearly 327,000 travelers, followed by Indonesia, Malaysia, Australia, and Britain, the data showed.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China and Singapore implemented mutual 30-day visa-free travel in February. The STB estimated international visitor arrivals to reach 15 million to 16 million this year. (Agencies) </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20200',
			'image' => '20240313060428_collage (50).jpg',
			'article_date' => '2024-03-13 06:03:14',
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	(int) 4 => array(
		'Article' => array(
			'id' => '20472',
			'article_category_id' => '1',
			'title' => 'NEPSE Surpasses 2100 Mark',
			'sub_title' => '',
			'summary' => 'The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55 points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55&nbsp;points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Throughout today&#39;s trading session, a total of 305 scrips were exchanged on the NEPSE through 82,746 transactions. This resulted in the trading of 10,609,597 units of shares, amounting to a total turnover of Rs 4.55 billion.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Leading the transactions was Shivam Cements Limited (SHIVM) with a total transaction worth Rs 37 crores. Furthermore, five companies, including Janautthan Samudayic Laghubitta Sanstha (JSLBB) and Jalpa Laghibitta Bittiya Sanstha (JALPA), experienced a 10% increase each, hitting the positive circuit for the day.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, the mutual fund named Himalayan 80-20 (H8020) suffered the highest loss, at 2.57%, closing at 9.10.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Regarding sector indices, all sector indices ended in positive territory. Notably, Life Insurance and Microfinance witnessed gains of 5.54% and 5.05%, respectively, while the Hydropower Index recorded a minimal gain of 0.99%.</span></span></p>
',
			'published' => true,
			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20199',
			'image' => '20240312041554_collage (11).jpg',
			'article_date' => '2024-03-12 16:14:53',
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	(int) 5 => array(
		'Article' => array(
			'id' => '20470',
			'article_category_id' => '1',
			'title' => 'Birds, Beetles, Bugs could Help Replace Pesticides: Study',
			'sub_title' => '',
			'summary' => 'March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the news report, pests are responsible for around 10 percent -- or 21 million tonnes -- of crop losses every year, but controlling them has lead to the widespread use of chemical pesticides.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Could birds, spiders and beetles among other invertebrate predators do the job as well?</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Researchers in Brazil, the United States and the Czech Republic analysed past research on predator pest control and found that they helped reduce pest populations by more than 70 percent, while increasing crop yields by 25 percent, added the news agency.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Natural predators are good pest control agents, and their maintenance is fundamental to guaranteeing pest control in a future with imminent climate change,&quot; lead author Gabriel Boldorini, a PhD student at the Federal Rural University of Pernambuco in Brazil, told AFP.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Although the researchers did not directly compare the effectiveness of invertebrates versus pesticides, he said, the damage that pesticides cause to ecosystems and biological control was well documented, from biodiversity loss and water and soil pollution to human health risks.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers found that predators were more effective at pest control in regions with greater rain variability -- which is expected to increase because of climate change.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers were also surprised to find that having a single species of natural predator was as effective as having multiple species, Boldorini said.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Generally speaking, the more species there are, the better ecosystems function. But there are exceptions,&quot; he said, adding that a single species could do the job just as well.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Climate change and rising carbon dioxide levels affect both crop yield and pest dynamics by expanding the distribution of pests and increasing their survival rates.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, other studies have shown that invertebrates vital for ecosystem health are suffering a rapid decline globally.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Boldorini said the conservation of invertebrates &quot;guarantees pest control and increased productivity, without damaging ecosystems&quot;. &ndash; AFP/RSS</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20198',
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	(int) 6 => array(
		'Article' => array(
			'id' => '20471',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 12: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:11.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12</span></span><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
',
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			'sortorder' => '20197',
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	(int) 7 => array(
		'Article' => array(
			'id' => '20469',
			'article_category_id' => '1',
			'title' => 'European Arms Imports nearly Doubles, Raising Concerns of Grant Cuts to Third World Countries',
			'sub_title' => '',
			'summary' => 'March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to a news report published by AFP, Ukraine has become the world&#39;s fourth largest arms importer, while France has replaced Russia as the world&#39;s second largest exporter behind the United States.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Arms imports to Europe rose by 94 percent in 2019-2023, compared to the preceding five-year period, while overall global arms transfers decreased slightly, according to a report by the Stockholm International Peace Research Institute (SIPRI).</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The increase is partially explained by the war in Ukraine, and Ukraine has become the fourth largest importer of arms in the world in the last five years,&quot; AFP quoted SIPRI researcher Katarina Djokic as saying.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">SIPRI noted that at least 30 countries had supplied major weapons as military aid to Ukraine since Russia invaded in February 2022. But other European nations also increased imports, with a larger share coming from the world&#39;s number one exporter of arms, the United States, added the report.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Russia -- which long held the position as the second largest exporter -- saw its exports fall by 53 percent between 2014-2018 and 2019-2023.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Russia was not only exporting fewer weapons, it was also exporting to fewer recipients. It only exported to 12 countries in 2023, compared to 31 in 2019, AFP added.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;There are also important changes in the policies of their biggest customer, China,&quot; Djokic said, adding China was traditionally one of the biggest recipients of Russian arms but has been pushing to develop its domestic production.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China still accounted for 21 percent of Russian exports, while India was the biggest recipient with 34 percent.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Experts say that the security threat in Europe may significantly impact the donors&rsquo; investment in humanitarian causes and other support to third world countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the context of Nepal, foreign grants provided by the donor agencies have been declining due to the decline in the capacity of the Government of Nepal to mobilize the foreign aid in addition to the external factors.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the latest Development Cooperation Report published by the Ministry of Finance, the government of Nepal received USD 1.44 billion from donors as foreign aid in the FY 2021/22, which is the lowest since FY 2017/18.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Among the development partners, Nepal received the maximum financial assistance from the World Bank in FY 2021/22. In the review year, 99.5 percent of the total loans received by Nepal were mainly from five development partners - World Bank, Asian Development Bank, International Monetary Fund, India and Japan.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, 57.5 percent of the total grants was received from the United Nations, the United Kingdom, Norway, the European Union and the Global Alliance for Vaccines and Immunization (GAVI).</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'sortorder' => '20196',
			'image' => '20240312085726_at24_banner_image_himars_us_army_central.jpg',
			'article_date' => '2024-03-12 08:56:39',
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	(int) 8 => array(
		'Article' => array(
			'id' => '20468',
			'article_category_id' => '266',
			'title' => 'Oriental Insurance Provides Financial Support of Rs 2 Million to Quake Victims and School Students',
			'sub_title' => '',
			'summary' => 'March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing a recent statement, the company said it provided Rs 1 million to the Prime Minister&#39;s Disaster Relief Fund to support the Jajarkot earthquake victims and Rs 1 million to Samata Educational Foundation for school students.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">RR Singh, the chairman and managing director of the insurance company with its head office in New Delhi, India along with General Manager Rekha Mohanty Thakur and CEO of its Nepal Office T Chakraborty handed over cheques to the PM Relief Fund as well as Samata Education Trust during a recent visit to Nepal.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the visit, Singh launched a new insurance policy &quot;Oriental Youth Eco Care policy&quot; in Nepal which is now available in the market for Nepalese citizens between the ages of 18 to 45 years. </span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Oriental Insurance Co Ltd. has been actively operating in Nepal since the year 2024 BS, functioning as a branch office of an Indian company under the auspices of the Government of India.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The company claimed that it provides insurance coverage for property, motor, marine, engineering, personal accident, health insurance, industries, factories, construction of bridges, including hydropower projects, according to customer&rsquo;s needs in addition to re-Insurance support to local insurance companies of Nepal. &nbsp;</span></span></p>
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			'keywords' => '',
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			'sortorder' => '20195',
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			'article_date' => '2024-03-12 08:54:29',
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			'id' => '20467',
			'article_category_id' => '1',
			'title' => 'The Government and Usury Victims Ink Four-Point Agreement',
			'sub_title' => '',
			'summary' => 'The government and the usury victims struggle committee have singed a four-pint agreement.  The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: The government and the usury victims struggle committee have singed a four-pint agreement. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the agreement, an inquiry commission will be formed to study the practice of exorbitant charging of interest by money lenders. The commission will submit its report within three months in accordance with the Commission of Inquiry Act, 2026 BS.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A request will also be made to the Ministry of Finance to make necessary arrangements in the upcoming budget for financial aid, relief and compensation to the underprivileged class so that they do not fall victims to usury. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">After walking for 23 days from Kakadvitta in Jhapa and Mahendranagar in Kanchanpur, the loan shark victims had arrived in Kathmandu on February 21. Spokesperson of Struggle Committee, Nirga Naveen, said the agitation been stopped following the agreement.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Deputy Prime Minister and Home Minister Rabi Lamichanne expressed the commitment to fully implement the agreement. Addressing the usury victims, he said that the government will make sure that the victims do not have to make such arduous journey travelling on foot to the capital seeking justice. (RSS) </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '20465',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Unveils Pink Debit Card',
			'sub_title' => '',
			'summary' => 'Siddhartha Bank Limited has introduced a 'Pink Debit Card' for its women customers under Women Saving Account on the occasion of International Women's Day 2024 with the aim of contributing to women's health.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: Siddhartha Bank Limited has introduced a &#39;Pink Debit Card&#39; for its women customers under Women Saving Account on the occasion of International Women&#39;s Day 2024 with the aim of contributing to women&#39;s health. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bank has unveiled pink card to encourage women customers to contribute to women&#39;s health programs as the bank will spend 0.10 per cent amount of the purchases made to the health programme. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This initiative is expected not only to encourages cashless transactions but also to contribute to conducing women&rsquo; health related programme. </span></span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '20192',
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			'article_date' => '2024-03-11 16:01:30',
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		'Article' => array(
			'id' => '20464',
			'article_category_id' => '1',
			'title' => 'Construction of ‘Pokhara Home’ Kicks off',
			'sub_title' => '',
			'summary' => 'The construction of a 'Pokhara home' with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: The construction of a &#39;Pokhara home&#39; with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The foundation stone was laid for the construction of the the building on Sunday coinciding the seventh establishment day of Pokhara Metropolitan City. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Pokhara metropolis mayor Dhanraj Acharya laid the foundation stone of Pokhara home building to be constructed in Pokhara-9, Prithvichowk. The home is is expected to be a destination of domestic and foreign tourists coming to visit Pokhara. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The five-storey building will be constructed at an investment of Rs 50.14 million, shared chief engineer of metropolis infrastructure development division, Surendra Pandey. As per the contract, the construction will be completed within next one and a half years, he informed. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The building will have parking on the ground floor, gift home and information centre on the first floor, library and meeting hall on the second floor, art gallery on the third floor and clock tower on the fifth floor, engineer Pandey said. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Laying the foundation stone, mayor Acharya said the &#39;Pokhara home&#39; will impart comprehensive information about Pokhara. The Pokhara home will become an original of wooden porch blending the use of traditional architecture and modern technology, mayor Acharya added. (RSS) </span></span></p>
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			'sortorder' => '20191',
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			'article_date' => '2024-03-11 14:40:58',
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	(int) 12 => array(
		'Article' => array(
			'id' => '20463',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '20462',
			'article_category_id' => '1',
			'title' => 'Nepal’s Trade Deficit Declines 1.8 Percent to Rs 811 Billion',
			'sub_title' => '',
			'summary' => 'March 11: Nepal’s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 11: Nepal&rsquo;s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The Current Macroeconomic and Financial Situation Report of Nepal released by the central bank on Sunday states that the trade deficit had decreased 18.7 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The export-import ratio decreased to 9.7 percent in the review period from 10.2 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the review period, merchandise exports decreased 7.1 percent to Rs 86.83 billion compared to a decrease of 29 percent in the same period of the previous year. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, exports to India and other countries decreased 11.3 percent and 2 percent whereas exports to China increased 338.8 percent. Exports of zinc sheet, particle board, juice, readymade garments, ginger among others increased whereas exports of palm oil, soybean oil, cardamom, tea, woolen carpet, among others decreased.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In the review period, merchandise imports decreased 2.3 percent to Rs 897.94 billion compared to a decrease of 19.9 percent a year ago. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, imports from India and other countries decreased 2.8 percent and 23.8 percent respectively while imports from China increased 38.4 percent. Imports of readymade garments, transport equipment, vehicle and other vehicle spare parts, aircraft spare parts, electrical equipment, MS wire rod, bars, and coils, among others increased whereas imports of crude soybean oil, gold, rice/paddy, petroleum products, crude palm oil, among others decreased.</span></span></span></p>
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		'Article' => array(
			'id' => '20459',
			'article_category_id' => '1',
			'title' => ' Rain and Snowfall Likely to Occur ',
			'sub_title' => '',
			'summary' => 'March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.    ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the Weather Forecasting Division under the Department of Hydrology and Meteorology, the weather will be generally cloudy in Sudurpaschim, Karnali, Lumbini and Gandaki provinces and partly cloudy in the hill region of Bagmati and Koshi provinces today.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Light to moderate rainfall is likely to occur at one or two places of the hill region of the country including Sudurpashchim Province, Karnali Province, Lumbini Province and Gandaki Province in the afternoon, the division stated. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, light snowfall is likely to occur at a few places of the high hill and mountainous region of Karnali Province and Sudurpashchim Province and at a few places of the rest of the high hill regions.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The weather will be partly to generally cloudy in the hill region and mainly fair in the rest of the country during the night. Light rain is likely to occur at one or two places of the high hills and mountainous regions of the country. -- RSS&nbsp; </span></span></span></span></p>
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		'Article' => array(
			'id' => '20476',
			'article_category_id' => '1',
			'title' => 'Nepal Exports Juice worth Over Rs 4 Billion in Seven Months',
			'sub_title' => '',
			'summary' => 'March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs’ data of seven months of the current fiscal year (FY).',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">March 13: The demand for juice produced in Nepal is increasing in the international market, according to the Department of Customs&rsquo; data of seven months of the current fiscal year (FY).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Juice ranks fifth in the list of most exported goods from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">According to the department, Nepal exported juice worth Rs 4.38 billion from mid-July to mid-February of the current fiscal year. During the review period, 4,57,67,682 liters of juice have been exported from Nepal. This is 11 percent more than the export during the same period of last year. Compared to the corresponding period of last fiscal year, the income from juice export has increased by 33 percent this year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Last year, 4,11,14,527 liters of juice worth Rs 3.28 billion were exported from Nepal. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Nirmala UI&quot;,&quot;sans-serif&quot;">Nepal has been exporting juice to India, China, Australia, the United States of America, Italy, Germany and other countries. Most of them are exported to India. In the last seven months, 4,57,16,643 liters of juice worth Rs 4.34 billion were exported to India alone. Similarly, 26,103 liters of juice worth Rs 40.19 million were exported to China.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20203',
			'image' => '20240313124059_maxresdefault.jpg',
			'article_date' => '2024-03-13 12:40:25',
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		'Article' => array(
			'id' => '20475',
			'article_category_id' => '1',
			'title' => 'House Panel forms Sub-Committee to Study Customs Duty on Sponge Iron and Billet   ',
			'sub_title' => '',
			'summary' => 'March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 12: The Industry and Commerce, Labour and Consumer Interest Committee under the House of Representatives has formed a sub-committee to carry out a study the customs and excise duties on sponge iron and billet, the state-owned RSS reported. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government had introduced zero tariff on import of sponge iron and significantly increased the excise duty on import of billet through the replacement bill in September 2021, drawing widespread controversy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The government argued that it adopted this new policy with the aim of protecting domestic industries and promoting the establishment of billet plants in the country. However, industrialists argued that the policy was introduced without any prior discussions and was aimed to discourage existing industries.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In order to study the disputed issue, the parliamentary committee on Tuesday formed the seven-member sub-committee on Tuesday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The members of the sub-committee are Krishna Kumar Shrestha, Ganesh Parajuli, Geeta Basnet, Dhurba Thapa, Rekha Yadav, Lakshmi Mahato Koiri and Suryaman Tamang.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Meanwhile, the meeting of the committee also instructed concerned authorities to provide details of tobacco and production of tobacco products in Nepal and details of annual imports.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20202',
			'image' => '20240313111254_Parliament.jpg',
			'article_date' => '2024-03-13 11:12:05',
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		'Article' => array(
			'id' => '20474',
			'article_category_id' => '1',
			'title' => 'Transportation Halted on Karnali Bridge as Fire Damages 14 Support Wires',
			'sub_title' => '',
			'summary' => 'March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12: Transportation along the Karnali Bridge has been halted after 14 support wires sustained damages after they caught fire from a truck on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A special technical team suggested the authorities not to operate vehicles on bridge until a detailed inspection was done, according to Road Division Office, Nepalgunj.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Engineer at the Division Office, Niraj Shakya, said vehicular movement along the bridge has being stopped for the time being. &quot;We reached the incident site on Monday night. Another technical team is arriving for further inspection,&quot; he added.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Police Inspector at Area Police Office, Chisapani, Hariram Dangi, said all the vehicle drivers were requested to use alternative routes with the closure of the regular route.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The vehicles operated from Sudurpaschim Province to federal capital Kathmandu and other provinces were asked to travel to Nepalgunj by Bardiya using the Sattipur Bridge.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A truck (Na 5 Kha 5297) heading towards the west suddenly caught fire while running on the Karnali Bridge on Monday afternoon. The fire from the truck later caught the construction wires of the bridge, spreading panic among the people. -- RSS</span></span></span></p>
',
			'published' => true,
			'created' => '2024-03-13',
			'modified' => '2024-03-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20201',
			'image' => '20240314123932_DN-Lamki.jpg',
			'article_date' => '2024-03-13 10:57:58',
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	(int) 3 => array(
		'Article' => array(
			'id' => '20473',
			'article_category_id' => '1',
			'title' => 'Over 1.4 Million Tourists Visit Singapore in February',
			'sub_title' => '',
			'summary' => 'A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 13: A total of 1.44 million visitors arrived in Singapore in February, up 50 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board (STB).</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Chinese mainland topped Singapore&#39;s visitor source in February with nearly 327,000 travelers, followed by Indonesia, Malaysia, Australia, and Britain, the data showed.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China and Singapore implemented mutual 30-day visa-free travel in February. The STB estimated international visitor arrivals to reach 15 million to 16 million this year. (Agencies) </span></span></p>

<p>&nbsp;</p>
',
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			'created' => '2024-03-13',
			'modified' => '2024-03-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20200',
			'image' => '20240313060428_collage (50).jpg',
			'article_date' => '2024-03-13 06:03:14',
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	(int) 4 => array(
		'Article' => array(
			'id' => '20472',
			'article_category_id' => '1',
			'title' => 'NEPSE Surpasses 2100 Mark',
			'sub_title' => '',
			'summary' => 'The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55 points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The Nepal Stock Exchange (NEPSE) Index experienced a significant increase of 58.55&nbsp;points, equivalent to 2.85%, closing at 2111.24 on Tuesday, on the second trading day of the week on Tuesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Throughout today&#39;s trading session, a total of 305 scrips were exchanged on the NEPSE through 82,746 transactions. This resulted in the trading of 10,609,597 units of shares, amounting to a total turnover of Rs 4.55 billion.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Leading the transactions was Shivam Cements Limited (SHIVM) with a total transaction worth Rs 37 crores. Furthermore, five companies, including Janautthan Samudayic Laghubitta Sanstha (JSLBB) and Jalpa Laghibitta Bittiya Sanstha (JALPA), experienced a 10% increase each, hitting the positive circuit for the day.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, the mutual fund named Himalayan 80-20 (H8020) suffered the highest loss, at 2.57%, closing at 9.10.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Regarding sector indices, all sector indices ended in positive territory. Notably, Life Insurance and Microfinance witnessed gains of 5.54% and 5.05%, respectively, while the Hydropower Index recorded a minimal gain of 0.99%.</span></span></p>
',
			'published' => true,
			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20199',
			'image' => '20240312041554_collage (11).jpg',
			'article_date' => '2024-03-12 16:14:53',
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	(int) 5 => array(
		'Article' => array(
			'id' => '20470',
			'article_category_id' => '1',
			'title' => 'Birds, Beetles, Bugs could Help Replace Pesticides: Study',
			'sub_title' => '',
			'summary' => 'March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Natural predators like birds, beetles and bugs might be an effective alternative to pesticides, keeping crop-devouring pests populations down while boosting crop yields, AFP reported last week citing researchers.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the news report, pests are responsible for around 10 percent -- or 21 million tonnes -- of crop losses every year, but controlling them has lead to the widespread use of chemical pesticides.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Could birds, spiders and beetles among other invertebrate predators do the job as well?</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Researchers in Brazil, the United States and the Czech Republic analysed past research on predator pest control and found that they helped reduce pest populations by more than 70 percent, while increasing crop yields by 25 percent, added the news agency.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Natural predators are good pest control agents, and their maintenance is fundamental to guaranteeing pest control in a future with imminent climate change,&quot; lead author Gabriel Boldorini, a PhD student at the Federal Rural University of Pernambuco in Brazil, told AFP.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Although the researchers did not directly compare the effectiveness of invertebrates versus pesticides, he said, the damage that pesticides cause to ecosystems and biological control was well documented, from biodiversity loss and water and soil pollution to human health risks.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers found that predators were more effective at pest control in regions with greater rain variability -- which is expected to increase because of climate change.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The researchers were also surprised to find that having a single species of natural predator was as effective as having multiple species, Boldorini said.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;Generally speaking, the more species there are, the better ecosystems function. But there are exceptions,&quot; he said, adding that a single species could do the job just as well.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Climate change and rising carbon dioxide levels affect both crop yield and pest dynamics by expanding the distribution of pests and increasing their survival rates.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, other studies have shown that invertebrates vital for ecosystem health are suffering a rapid decline globally.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Boldorini said the conservation of invertebrates &quot;guarantees pest control and increased productivity, without damaging ecosystems&quot;. &ndash; AFP/RSS</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20198',
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		'Article' => array(
			'id' => '20471',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 12: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:11.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 12</span></span><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
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			'sortorder' => '20197',
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	(int) 7 => array(
		'Article' => array(
			'id' => '20469',
			'article_category_id' => '1',
			'title' => 'European Arms Imports nearly Doubles, Raising Concerns of Grant Cuts to Third World Countries',
			'sub_title' => '',
			'summary' => 'March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, raising concerns for third-world countries like Nepal who are dependent on grants and loans from European countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to a news report published by AFP, Ukraine has become the world&#39;s fourth largest arms importer, while France has replaced Russia as the world&#39;s second largest exporter behind the United States.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Arms imports to Europe rose by 94 percent in 2019-2023, compared to the preceding five-year period, while overall global arms transfers decreased slightly, according to a report by the Stockholm International Peace Research Institute (SIPRI).</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The increase is partially explained by the war in Ukraine, and Ukraine has become the fourth largest importer of arms in the world in the last five years,&quot; AFP quoted SIPRI researcher Katarina Djokic as saying.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">SIPRI noted that at least 30 countries had supplied major weapons as military aid to Ukraine since Russia invaded in February 2022. But other European nations also increased imports, with a larger share coming from the world&#39;s number one exporter of arms, the United States, added the report.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Russia -- which long held the position as the second largest exporter -- saw its exports fall by 53 percent between 2014-2018 and 2019-2023.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Russia was not only exporting fewer weapons, it was also exporting to fewer recipients. It only exported to 12 countries in 2023, compared to 31 in 2019, AFP added.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&quot;There are also important changes in the policies of their biggest customer, China,&quot; Djokic said, adding China was traditionally one of the biggest recipients of Russian arms but has been pushing to develop its domestic production.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">China still accounted for 21 percent of Russian exports, while India was the biggest recipient with 34 percent.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Experts say that the security threat in Europe may significantly impact the donors&rsquo; investment in humanitarian causes and other support to third world countries.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the context of Nepal, foreign grants provided by the donor agencies have been declining due to the decline in the capacity of the Government of Nepal to mobilize the foreign aid in addition to the external factors.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the latest Development Cooperation Report published by the Ministry of Finance, the government of Nepal received USD 1.44 billion from donors as foreign aid in the FY 2021/22, which is the lowest since FY 2017/18.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Among the development partners, Nepal received the maximum financial assistance from the World Bank in FY 2021/22. In the review year, 99.5 percent of the total loans received by Nepal were mainly from five development partners - World Bank, Asian Development Bank, International Monetary Fund, India and Japan.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, 57.5 percent of the total grants was received from the United Nations, the United Kingdom, Norway, the European Union and the Global Alliance for Vaccines and Immunization (GAVI).</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '20468',
			'article_category_id' => '266',
			'title' => 'Oriental Insurance Provides Financial Support of Rs 2 Million to Quake Victims and School Students',
			'sub_title' => '',
			'summary' => 'March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: Kathmandu-based office of Oriental Insurance Co Ltd has provided financial support of Rs 2 million quake victims and school students under its Corporate Social Responsibility.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing a recent statement, the company said it provided Rs 1 million to the Prime Minister&#39;s Disaster Relief Fund to support the Jajarkot earthquake victims and Rs 1 million to Samata Educational Foundation for school students.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">RR Singh, the chairman and managing director of the insurance company with its head office in New Delhi, India along with General Manager Rekha Mohanty Thakur and CEO of its Nepal Office T Chakraborty handed over cheques to the PM Relief Fund as well as Samata Education Trust during a recent visit to Nepal.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the visit, Singh launched a new insurance policy &quot;Oriental Youth Eco Care policy&quot; in Nepal which is now available in the market for Nepalese citizens between the ages of 18 to 45 years. </span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Oriental Insurance Co Ltd. has been actively operating in Nepal since the year 2024 BS, functioning as a branch office of an Indian company under the auspices of the Government of India.</span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The company claimed that it provides insurance coverage for property, motor, marine, engineering, personal accident, health insurance, industries, factories, construction of bridges, including hydropower projects, according to customer&rsquo;s needs in addition to re-Insurance support to local insurance companies of Nepal. &nbsp;</span></span></p>
',
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			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20195',
			'image' => '20240312085517_f9fc33ab-e637-4356-8214-29139fc95053.jpg',
			'article_date' => '2024-03-12 08:54:29',
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	(int) 9 => array(
		'Article' => array(
			'id' => '20467',
			'article_category_id' => '1',
			'title' => 'The Government and Usury Victims Ink Four-Point Agreement',
			'sub_title' => '',
			'summary' => 'The government and the usury victims struggle committee have singed a four-pint agreement.  The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">March 12: The government and the usury victims struggle committee have singed a four-pint agreement. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The talks held on Sunday between the two sides at the Ministry of Home Affairs at the initiative of Deputy Prime Minister and Home Minister Rabi Lamichhane led to the agreement. As a result, the loan shark victims have withdrawn their protest.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the agreement, an inquiry commission will be formed to study the practice of exorbitant charging of interest by money lenders. The commission will submit its report within three months in accordance with the Commission of Inquiry Act, 2026 BS.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">A request will also be made to the Ministry of Finance to make necessary arrangements in the upcoming budget for financial aid, relief and compensation to the underprivileged class so that they do not fall victims to usury. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">After walking for 23 days from Kakadvitta in Jhapa and Mahendranagar in Kanchanpur, the loan shark victims had arrived in Kathmandu on February 21. Spokesperson of Struggle Committee, Nirga Naveen, said the agitation been stopped following the agreement.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, Deputy Prime Minister and Home Minister Rabi Lamichanne expressed the commitment to fully implement the agreement. Addressing the usury victims, he said that the government will make sure that the victims do not have to make such arduous journey travelling on foot to the capital seeking justice. (RSS) </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>
',
			'published' => true,
			'created' => '2024-03-12',
			'modified' => '2024-03-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20194',
			'image' => '20240312061012_collage (49).jpg',
			'article_date' => '2024-03-12 06:08:41',
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	(int) 10 => array(
		'Article' => array(
			'id' => '20465',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Unveils Pink Debit Card',
			'sub_title' => '',
			'summary' => 'Siddhartha Bank Limited has introduced a 'Pink Debit Card' for its women customers under Women Saving Account on the occasion of International Women's Day 2024 with the aim of contributing to women's health.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: Siddhartha Bank Limited has introduced a &#39;Pink Debit Card&#39; for its women customers under Women Saving Account on the occasion of International Women&#39;s Day 2024 with the aim of contributing to women&#39;s health. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bank has unveiled pink card to encourage women customers to contribute to women&#39;s health programs as the bank will spend 0.10 per cent amount of the purchases made to the health programme. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This initiative is expected not only to encourages cashless transactions but also to contribute to conducing women&rsquo; health related programme. </span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2024-03-11',
			'modified' => '2024-03-11',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20192',
			'image' => '20240311040225_collage (9).jpg',
			'article_date' => '2024-03-11 16:01:30',
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	(int) 11 => array(
		'Article' => array(
			'id' => '20464',
			'article_category_id' => '1',
			'title' => 'Construction of ‘Pokhara Home’ Kicks off',
			'sub_title' => '',
			'summary' => 'The construction of a 'Pokhara home' with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 11: The construction of a &#39;Pokhara home&#39; with art gallery, public library, clock tower and integrated tourism information centre has begun in the tourist city, Pokhara.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The foundation stone was laid for the construction of the the building on Sunday coinciding the seventh establishment day of Pokhara Metropolitan City. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Pokhara metropolis mayor Dhanraj Acharya laid the foundation stone of Pokhara home building to be constructed in Pokhara-9, Prithvichowk. The home is is expected to be a destination of domestic and foreign tourists coming to visit Pokhara. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The five-storey building will be constructed at an investment of Rs 50.14 million, shared chief engineer of metropolis infrastructure development division, Surendra Pandey. As per the contract, the construction will be completed within next one and a half years, he informed. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The building will have parking on the ground floor, gift home and information centre on the first floor, library and meeting hall on the second floor, art gallery on the third floor and clock tower on the fifth floor, engineer Pandey said. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Laying the foundation stone, mayor Acharya said the &#39;Pokhara home&#39; will impart comprehensive information about Pokhara. The Pokhara home will become an original of wooden porch blending the use of traditional architecture and modern technology, mayor Acharya added. (RSS) </span></span></p>
',
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			'created' => '2024-03-11',
			'modified' => '2024-03-11',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20191',
			'image' => '20240311024210_collage (8).jpg',
			'article_date' => '2024-03-11 14:40:58',
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	(int) 12 => array(
		'Article' => array(
			'id' => '20463',
			'article_category_id' => '1',
			'title' => 'Finance Minister Pun Invites US Investors in Investment Summit   ',
			'sub_title' => '',
			'summary' => 'March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Finance Minister Barshaman Pun has urged the US investors to participate in the Third Nepal Investment Summit scheduled to be held in April.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy for creating an environment conducive to ensure participation of more and more investors for the US.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Stating that Nepal has a favourable environment for foreign investors, Minister Pun expressed readiness on the part of the government for ensuring legal and practical facilitations. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Nepal is a virgin land for international investors. I would like to urge for the participation of more and more US investors in the Investment Summit through you,&quot; Finance Minister Pun told the US envoy.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, the finance minister shared that agriculture, industry and information technology sectors carry huge potential for investment in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In response, the US Ambassador shared that the US investors are willing to participate in the upcoming Nepal Investment Summit and pledged to create enabling environment for the participation of the US investors in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On a different note, the US Ambassador expressed the confidence that the tasks of the transitional justice and peace process will be finalized soon.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, Ambassador Thompson said that the US government was ready to extend economic assistance to Nepal and pledged for continued development support to Nepal. Likewise, he expressed his concerns for timely completion of the MCC projects. -- RSS&nbsp; </span></span></span></p>
',
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			'created' => '2024-03-11',
			'modified' => '2024-03-11',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20190',
			'image' => '20240311122912_PRO-KTM-IMG_0302.JPG',
			'article_date' => '2024-03-11 12:28:36',
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	(int) 13 => array(
		'Article' => array(
			'id' => '20462',
			'article_category_id' => '1',
			'title' => 'Nepal’s Trade Deficit Declines 1.8 Percent to Rs 811 Billion',
			'sub_title' => '',
			'summary' => 'March 11: Nepal’s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">March 11: Nepal&rsquo;s trade deficit decreased 1.8 percent to Rs 811.11 billion in the first seven months of the current fiscal year due to a decline in exports as well as imports, according to the latest report of Nepal Rastra Bank. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The Current Macroeconomic and Financial Situation Report of Nepal released by the central bank on Sunday states that the trade deficit had decreased 18.7 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">The export-import ratio decreased to 9.7 percent in the review period from 10.2 percent in the corresponding period of the previous year.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">During the review period, merchandise exports decreased 7.1 percent to Rs 86.83 billion compared to a decrease of 29 percent in the same period of the previous year. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, exports to India and other countries decreased 11.3 percent and 2 percent whereas exports to China increased 338.8 percent. Exports of zinc sheet, particle board, juice, readymade garments, ginger among others increased whereas exports of palm oil, soybean oil, cardamom, tea, woolen carpet, among others decreased.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">In the review period, merchandise imports decreased 2.3 percent to Rs 897.94 billion compared to a decrease of 19.9 percent a year ago. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt">Destination-wise, imports from India and other countries decreased 2.8 percent and 23.8 percent respectively while imports from China increased 38.4 percent. Imports of readymade garments, transport equipment, vehicle and other vehicle spare parts, aircraft spare parts, electrical equipment, MS wire rod, bars, and coils, among others increased whereas imports of crude soybean oil, gold, rice/paddy, petroleum products, crude palm oil, among others decreased.</span></span></span></p>
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			'created' => '2024-03-11',
			'modified' => '2024-03-11',
			'keywords' => '',
			'description' => '',
			'sortorder' => '20189',
			'image' => '20240311122722_20240122013031_How-to-start-an-import-export-business.jpg',
			'article_date' => '2024-03-11 12:25:54',
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	(int) 14 => array(
		'Article' => array(
			'id' => '20459',
			'article_category_id' => '1',
			'title' => ' Rain and Snowfall Likely to Occur ',
			'sub_title' => '',
			'summary' => 'March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.    ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">March 11: Some parts of the country is likely to experience rain and snowfall today due to the partial impact of the westerly low pressure system in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the Weather Forecasting Division under the Department of Hydrology and Meteorology, the weather will be generally cloudy in Sudurpaschim, Karnali, Lumbini and Gandaki provinces and partly cloudy in the hill region of Bagmati and Koshi provinces today.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Light to moderate rainfall is likely to occur at one or two places of the hill region of the country including Sudurpashchim Province, Karnali Province, Lumbini Province and Gandaki Province in the afternoon, the division stated. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, light snowfall is likely to occur at a few places of the high hill and mountainous region of Karnali Province and Sudurpashchim Province and at a few places of the rest of the high hill regions.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The weather will be partly to generally cloudy in the hill region and mainly fair in the rest of the country during the night. Light rain is likely to occur at one or two places of the high hills and mountainous regions of the country. -- RSS&nbsp; </span></span></span></span></p>
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