
December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on…
December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on…
December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s…
December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement.…
December 21: Everest Bank announced a new offer “Everest Special Savings” amid a function held at its head office on Wednesday, December…
December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction…
December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of…
December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45th…
December 21: NIC Asia Bank has bagged two awards at the same…
December 21: A massive fire which erupted at Super Gas Industry in Birgunj on Wednesday has killed two firefighters and left three people injured.…
December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am…
December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal.…
December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work.…
December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December…
December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet…
December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7171', 'article_category_id' => '1', 'title' => 'Maruti unveils upgraded version of Celerio', 'sub_title' => '', 'summary' => 'December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday.', 'content' => '<p>December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday. The authorized distributor of Maruti for Gandaki and Daulagiri regions, Batas Brothers, also started the sales of the latest model of Celerio from Wednesday itself.</p> <p>A press statement issued by the company reads that the four-wheeler uses K-10 engine and gives mileage of 23.0 kilometers. The company believes that the features of the car make it a perfect four-wheeler for any family. According to sales manager Ganesh Dhakal, the looks of the upgraded version is better in comparison to the older one. The car is priced at Rs 2.3 million. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6952', 'image' => '20171221033209_celerio.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7170', 'article_category_id' => '1', 'title' => 'Earthquakes had Little Impact on Economy: Experts', 'sub_title' => '', 'summary' => 'December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.', 'content' => '<p>December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.</p> <p>Despite damages worth billion of rupees, the 2015 earthquakes did not affect Nepal’s economy in a fundamental manner, pointed out Dr Yuba Raj Khatiwada, former Vice Chairman of the National Planning Commission while making a presentation to provide an overview of the medium to long-term impact on the economy, at a discussion forum organised by South Asia Watch on Trade, Economics and Environment (SAWTEE) in Kathmandu on Wednesday, December 20.</p> <p>During the discussion program titled “<em>Impact of Post Earthquake Reconstruction on the Economy”,</em> Dr Yuba Raj Bhusal, CEO of National Reconstruction Authority (NRA), said that the impact of earthquakes on national economy may be negligible but the distress on the individual household level is severe and has further amplified the magnitude of vulnerability of many.</p> <p>Meanwhile, Khatiwada pointed out that the economy seemed to have stagnated in the subsequent fiscal year 2015-16, but the border blockade in the same year also affected the economic activities which manifested as marginal growth that year.</p> <p>He suggested that there exist both fiscal and monetary space for accommodative macro policies to expedite reconstruction, and it may be necessary to resort to deficit financing for reconstruction, as capital constraints would otherwise hinder the economic growth process and perpetuate low-investment-low growth-low saving-low investment cycle, SAWTEE quoted Khatiwada as saying in a statement.</p> <p>Likewise, he also recommended that it is better for the government to finance the reconstruction through grants than from concessional loans to prevent country from falling in debt stress due to debt accumulation. He attributed the slow pace of reconstruction to the regulatory hassles and problems with coordination among the responsible government agencies.</p> <p>Referring to housing reconstruction activities, Bhusal pointed out that the NRA is targeting to complete the construction of 450,000 houses by the end of this fiscal year. Further, to expedite the process, they will mobilise personnel to solve the problems that has slowed down the pace.</p> <p>Dr Bishnu Dev Pant, executive chairman of the Institute of Integrated Development Studies, emphasised that more skill development trainings are necessary to meet the labour shortage and to tackle exodus of Nepali workforce for the benefit of all.</p> <p>Likewise, Dr Shankar Sharma, former Vice Chairman of National Planning Commission, also pointed out that we need to have a positive outlook as the reconstruction activities do not take place overnight and although it is slow right now it will gather pace eventually.</p> <p>Some 30 participants from various organizations, including research institutions, experts, activists and development partners, participated in the event. <a name="_GoBack"></a></p> <p>SAWTEE said this is the seventh series of such discussion forums it organized under the project <em>‘Initiating dialogue on Post Disaster Reconstruction Experience’ </em>undertaken with the support from The Asia Foundation (TAF). </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6951', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7167', 'article_category_id' => '1', 'title' => 'Jyoti Life, NMB Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. ', 'content' => '<p>December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. Prakash Bikram Khatri, deputy CEO of the insurance company and Sunil KC, CEO of NMB, signed the agreement amid a function on Wednesday, December 20. As per the agreement, the bank’s customers can now get all kinds services of the insurance company from any branch of NMB Bank.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6950', 'image' => '20171221033006_NMB Jyoti.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7168', 'article_category_id' => '1', 'title' => 'Everest Bank launches 'Everest Special Savings' Account', 'sub_title' => '', 'summary' => 'December 21: Everest Bank announced a new offer “Everest Special Savings” amid a function held at its head office on Wednesday, December 20.', 'content' => '<p>December 21: Everest Bank announced a new offer “<strong>Everest Special Savings</strong>” amid a function held at its head office on Wednesday, December 20. The key attractions of the offer are accidental death insurance of Rs 500,000 and medical insurance of Rs100,000 besides free offer of debit card, internet/SMS banking, ASBA, DEMAT and 50 percent discount on locker, credit card with attractive interest rate of 4 percent per annum.</p> <p>The offer was announced by Someshwar Seth, CEO of the bank. Others present at the function were MK Kapur (CEO of Orient Insurance Co), Rajesh Gautam, DGM, Rajeev Jain DGM and other senior officials of the bank. </p> <p>Currently, the bank said it is providing banking services through its network of 64 branches, two extension counters, 26 revenue collection counters, 94 ATMs and around 5000 “Everest Remit<strong>”</strong> payout agents/business correspondents across the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6949', 'image' => '20171221021342_Everest.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7166', 'article_category_id' => '1', 'title' => 'Construction Entrepreneurs meet Secretary Devkota', 'sub_title' => '', 'summary' => 'December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.', 'content' => '<p>December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.</p> <p>In response, Devkota said he would try his best to make construction business well managed and disciplined. The delegation led by Bishnubhai Shrestha, president of FCAN, discussed about the flaws in the first amendment to the Public Procurement Act and fourth amendment to the Public Procurement Regulation as well as other legal complications faced by the entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6948', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7164', 'article_category_id' => '1', 'title' => 'Global IME starts Branchless Banking Service in Yakhachwok', 'sub_title' => '', 'summary' => 'December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.', 'content' => '<p>December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.</p> <p>The bank’s CEO Janak Sharma Poudel inaugurated the service after appointing a local Anirudra Singa as the bank’s representative for Yakhachwok. With this, the bank has now been providing branchless banking service from 55 locations.</p> <p>With an aim to expand banking service at all local levels across the nation, the bank has been providing banking services in various places through its branches, extension counters, and branchless banking service.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6947', 'image' => '20171221033040_Global.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7165', 'article_category_id' => '1', 'title' => 'Laxmi Group to Build an Elevator in Bindabasini Temple', 'sub_title' => '', 'summary' => 'December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45th anniversary.', 'content' => '<p>December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45<sup>th</sup> anniversary.</p> <p>The group celebrated its 45<sup>th</sup> anniversary organising different programs at its corporate office in Pokhara on Wednesday. According to the company, an elevator in the temple will help in tourism promotion in the area. The company is building the elevator to help the elderly and differently-abled people.</p> <p>Sunil Shrestha, executive director of the group and Pabitra Raj Regmi, vice-president of Bindyabasini Religious Area Committee signed a Memorandum of Understanding (MoU) to build the elevator. Laxmi Group said it is building the elevator with an investment of Rs 8 million.</p> <p>“We have been investing in different social sector every year. This year, we will build an elevator in Bindyabasini Temple,” Regmi said. To mark its anniversary, Laxmi Group also financially supported Pokhreli Youth Cultural Family with Rs 250,000. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6946', 'image' => '20171221033055_Laxmi.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7163', 'article_category_id' => '1', 'title' => 'NIC Asia bags Double Award', 'sub_title' => '', 'summary' => 'December 21: NIC Asia Bank has bagged two awards at the same time.', 'content' => '<p>December 21: NIC Asia Bank has bagged two awards at the same time. The bank has received the ‘Best Brand Award’ and the ‘Best Employer Brand Award’ in banking sector amid a function organized recently by CMO Asia at Soaltee Crowne Plaza, Kathmandu.</p> <p>The programme was attended by different companies from the banking, insurance, finance, tourism, automobile, biotechnology, construction and real estate sectors.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6945', 'image' => '20171221033118_NIC.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7169', 'article_category_id' => '1', 'title' => 'Birgunj Inferno Claims Life of two Firefighters', 'sub_title' => '', 'summary' => 'December 21: A massive fire which erupted at Super Gas Industry in Birgunj on Wednesday has killed two firefighters and left three people injured. ', 'content' => '<p>December 21: A massive fire, which erupted at Super Gas Industry in Birgunj on Wednesday, has killed two firefighters and left three people injured. The fire started early in the morning at 6 am and was brought under control by firefighters after 8 hours at 2 pm.</p> <p>The firefighters were killed as their fire engine itself caught fire while attempting to douse the blaze. The inferno took the life of Madhusudhan Mishra, a resident of Tanahun and Yadav Raj Adhikari, a resident of Lalbandi, Sarlahi. Deputy Superintendent of Police (DSP) Ganesh Regmi of District Police Office, Parsa confirmed that two firefighters were killed by the inferno.</p> <p>The damage caused by the flames is yet to be ascertained. The Association of LP Gas Industry has formed a five-member committee to investigate into the incident.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6944', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7162', 'article_category_id' => '1', 'title' => 'NOC hikes Petroleum Price', 'sub_title' => '', 'summary' => 'December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.', 'content' => '<p>December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.</p> <p>NOC has increased the price on petrol, diesel, and kerosene by Re 1 per liter. With the increment, petrol now costs Rs 101, diesel and kerosene cost Rs 75 per liter.</p> <p>Earlier, the decision of NOC to increase price before the election was revoked by the government. The state-run petroleum monopoly then increased the price after elections on December 8. Again after 12 days, NOC hiked the price of petroleum products on December 20. According to NOC, the prices were adjusted with the increase in fuel prices in the international market.</p> <p>The prices of liquefied petroleum gas (LPG) and aviation turbine fuel are still the same. LPG costs Rs 1350 per cylinder. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6943', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7161', 'article_category_id' => '1', 'title' => 'First National Conference on Rice Fortification held in Nepal', 'sub_title' => '', 'summary' => 'December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. ', 'content' => '<p>December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. The two-day conference was organised in Kathmandu on December 18 and 19 by the Department of Health Services, Department of Food Technology and Quality Control, and the Nepal Food Corporation(NFC) in association with the United Nations World Food Programme (WFP).</p> <p>A press statement issued by WFP says that malnutrition in general is a serious public health concern in Nepal. The country’s rates of iron deficiency and anaemia remain high. The 2016 Nepal Demographic and Health Survey has revealed more than one in four women of reproductive age and more than half of the children of 6-59 months to be anaemic, the statement says.</p> <p>“Among pregnant and breastfeeding women, the prevalence of anaemia reaches each 46 percent; among children of 12-17 months, it hits an alarming 74 percent,” the statement warned.</p> <p>The conference noted that nutrients most commonly used in food grain fortification are iron and folic acid. Fortifying rice with essential vitamins and minerals will lead to better health, especially amongst those that are poor and vulnerable, said the stakeholders. </p> <p> </p> <p>“Chronic malnutrition, especially among women, adolescent girls and children, is a terrible burden for the people of Nepal, both in terms of health and economic productivity,” said Pippa Bradford, WFP Nepal Country Director. “Micronutrient fortification is a cost-efficient intervention that can really help tackle this problem.”</p> <p>Experts in fortification shared insights during the conference while the food fortification strategies and experiences in Nepal till date were also reviewed.</p> <p>Participants included government representatives, the Nepal Food Corporation, the private sector, UN agencies, and national and international NGOs, as well as entrepreneurs, academia, civil society groups, media and consumer associations.</p> <p>WFP said it is working in collaboration with the Government of Nepal to achieve Sustainable Development Goal (SDG), which calls for an end to all forms of malnutrition. The agency has been advocating rice fortification to tackle micronutrient deficiencies across Asia. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6942', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7160', 'article_category_id' => '1', 'title' => 'Army Still Studying DPR for Fast Track Construction ', 'sub_title' => '', 'summary' => 'December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. ', 'content' => '<p>December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. Even after six months of laying the foundation of the fast track, the construction of the national pride project has not started yet as the NA is still studying the DPR prepared by an Indian company which was initially handed over the responsibility of the project. Later, the government assigned the task to build the fast track to the NA.</p> <p>The initial agreement reached between the concerned stakeholders regarding the NA purchasing the DPR prepared by Indian company Infrastructure Leasing and Financial Services (ILFS) has not yet materialized. Due to this, speculation is rife that the project will be delayed.</p> <p>However, Brigadier General Nain Raj Dahal, spokesperson of NA, said that the possibility of delay in construction of the project is very slim.</p> <p>“We are studying the DPR for the project prepared by the Indian company. So, we cannot say anything in this regard right now,” he said, adding, “The DPR is being studied and we will submit a report to the government with amendments.”</p> <p>The NA had taken over the responsibility of building the 76.2 kilometers fast track with an aim of completing it in four years.</p> <p>“We are discussing about the subject and there will be no problem in the future for we have our own design for the fast track,” Dahal told New Business Age, adding, “Tender notices have already been issued and materials for the construction have been purchased too.”</p> <p>The government has allocated Rs 10 billion in the current fiscal year while the estimated cost of the project is Rs 112 billion.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6941', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7159', 'article_category_id' => '1', 'title' => 'Formal Inauguration of Bajura Branch of NIC ASIA Bank', 'sub_title' => '', 'summary' => 'December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19.', 'content' => '<p>December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19. Padam Baduwal, mayor of Badimalika Municipality inaugurated the branch in the presence of Narayan Prasad Poudel, executive director (Financial Institution Regulation Department) of Nepal Rastra Bank, reads a press statement issued by the bank. The branch situated at Badimalika Municipality Ward-8 of Martadi, Bajura was initially opened on July 6.</p> <p>Sakchyam is a UK Aid funded programme implemented for DFID Nepal by Louis Berger. It is being implemented in Nepal in partnership with local and international institutions. </p> <p>NIC ASIA Bank believes that its partnership with Sakchyam will play a very crucial role in gradually enriching the banking activities in unbanked/underserved areas of the country. The bank said that it will support in implementing Nepal government’s program to increase access to banking service in all areas of the country.</p> <p>The bank said it has adopted a strategy to reach every possible market for better service for its customers. The statement further said that there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6940', 'image' => '20171220021726_download (1).jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7158', 'article_category_id' => '1', 'title' => 'Lumbini Bank to Provide Loan to Purchase Bullet Bikes', 'sub_title' => '', 'summary' => 'December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes.', 'content' => '<p>December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes. Vivek Automobile, the authorised distributor of Bullet bikes in Nepal, and Lumbini Bikas Bank signed an agreement to facilitate loan for purchasing the bike throughout the nation.</p> <p>As per the agreement, the bank will provide a three-year loan to the customers to purchase the bikes. Jhalak Prasad Khanal, CEO of the bank and Vivek Dugad, vice-chairman of Dugad Group, signed the agreement.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6939', 'image' => '20171220020511_Royal enfield.jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7157', 'article_category_id' => '1', 'title' => 'JICA Hands over Newly Constructed School Buildings in Lalitpur', 'sub_title' => '', 'summary' => 'December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.', 'content' => '<div><span style="font-size:13px">December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.</span></div> <div><span style="font-size:13px">The newly reconstructed buildings consist of three new blocks consisting of six classrooms, laboratory, ECD, library, lavatories along with other required facilities, according to JICA.</span></div> <div><span style="font-size:13px">Jun Sakuma, chief representative of JICA Nepal and Madhu Prasad Regmi, secretary at the Ministry of Education, jointly inaugurated the school infrastructures amidst a function held on the school premises, JICA said in a statement.</span></div> <div><span style="font-size:13px">The construction of the buildings which began in June 2016 was built under Emergency School Reconstruction Project (ESRP). The project is being implemented by the Central Level Project Implementation Unit of the Ministry of Education under Japanese ODA loan assistance.</span></div> <div><span style="font-size:13px">“The school was severely damaged during the earthquake of 2015. Since then, the school faced difficulties in managing the classrooms and education for the students. The secondary school was established back in 1963 and now has 474 students altogether. The new buildings are constructed with multihazard resilient structures which are environment, child, gender and disable friendly and are expected to provide improved learning environment to the students,” reads the statement.</span></div> <div><span style="font-size:13px">Speaking at the event, JICA Nepal’s Chief Representative Sakuma said, “Development of education sector in Nepal is one of primary motives of JICA and completion of this building is a positive commencement to various ongoing school reconstruction endeavors of JICA Nepal.”</span></div> <div><span style="font-size:13px">Approximately 300 schools are being built at a total cost of 14 billion Japanese yen (about NRs 12.7 billion) to support the reconstruction of disaster resilient schools in Gorkha, Dhading, Nuwakot, Makwanpur, Rasuwa and Lalitpur districts, based on the earthquake-resistant type design guidelines formulated by JICA under the principle of “Build Back Better (BBB)”. The rebuilt schools are expected to serve as potential regional hubs for improving the quality of education.</span></div> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6938', 'image' => '20171220015353_Key Handover to School Mgmt..jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7171', 'article_category_id' => '1', 'title' => 'Maruti unveils upgraded version of Celerio', 'sub_title' => '', 'summary' => 'December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday.', 'content' => '<p>December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday. The authorized distributor of Maruti for Gandaki and Daulagiri regions, Batas Brothers, also started the sales of the latest model of Celerio from Wednesday itself.</p> <p>A press statement issued by the company reads that the four-wheeler uses K-10 engine and gives mileage of 23.0 kilometers. The company believes that the features of the car make it a perfect four-wheeler for any family. According to sales manager Ganesh Dhakal, the looks of the upgraded version is better in comparison to the older one. The car is priced at Rs 2.3 million. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6952', 'image' => '20171221033209_celerio.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7170', 'article_category_id' => '1', 'title' => 'Earthquakes had Little Impact on Economy: Experts', 'sub_title' => '', 'summary' => 'December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.', 'content' => '<p>December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.</p> <p>Despite damages worth billion of rupees, the 2015 earthquakes did not affect Nepal’s economy in a fundamental manner, pointed out Dr Yuba Raj Khatiwada, former Vice Chairman of the National Planning Commission while making a presentation to provide an overview of the medium to long-term impact on the economy, at a discussion forum organised by South Asia Watch on Trade, Economics and Environment (SAWTEE) in Kathmandu on Wednesday, December 20.</p> <p>During the discussion program titled “<em>Impact of Post Earthquake Reconstruction on the Economy”,</em> Dr Yuba Raj Bhusal, CEO of National Reconstruction Authority (NRA), said that the impact of earthquakes on national economy may be negligible but the distress on the individual household level is severe and has further amplified the magnitude of vulnerability of many.</p> <p>Meanwhile, Khatiwada pointed out that the economy seemed to have stagnated in the subsequent fiscal year 2015-16, but the border blockade in the same year also affected the economic activities which manifested as marginal growth that year.</p> <p>He suggested that there exist both fiscal and monetary space for accommodative macro policies to expedite reconstruction, and it may be necessary to resort to deficit financing for reconstruction, as capital constraints would otherwise hinder the economic growth process and perpetuate low-investment-low growth-low saving-low investment cycle, SAWTEE quoted Khatiwada as saying in a statement.</p> <p>Likewise, he also recommended that it is better for the government to finance the reconstruction through grants than from concessional loans to prevent country from falling in debt stress due to debt accumulation. He attributed the slow pace of reconstruction to the regulatory hassles and problems with coordination among the responsible government agencies.</p> <p>Referring to housing reconstruction activities, Bhusal pointed out that the NRA is targeting to complete the construction of 450,000 houses by the end of this fiscal year. Further, to expedite the process, they will mobilise personnel to solve the problems that has slowed down the pace.</p> <p>Dr Bishnu Dev Pant, executive chairman of the Institute of Integrated Development Studies, emphasised that more skill development trainings are necessary to meet the labour shortage and to tackle exodus of Nepali workforce for the benefit of all.</p> <p>Likewise, Dr Shankar Sharma, former Vice Chairman of National Planning Commission, also pointed out that we need to have a positive outlook as the reconstruction activities do not take place overnight and although it is slow right now it will gather pace eventually.</p> <p>Some 30 participants from various organizations, including research institutions, experts, activists and development partners, participated in the event. <a name="_GoBack"></a></p> <p>SAWTEE said this is the seventh series of such discussion forums it organized under the project <em>‘Initiating dialogue on Post Disaster Reconstruction Experience’ </em>undertaken with the support from The Asia Foundation (TAF). </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6951', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7167', 'article_category_id' => '1', 'title' => 'Jyoti Life, NMB Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. ', 'content' => '<p>December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. Prakash Bikram Khatri, deputy CEO of the insurance company and Sunil KC, CEO of NMB, signed the agreement amid a function on Wednesday, December 20. As per the agreement, the bank’s customers can now get all kinds services of the insurance company from any branch of NMB Bank.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6950', 'image' => '20171221033006_NMB Jyoti.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7168', 'article_category_id' => '1', 'title' => 'Everest Bank launches 'Everest Special Savings' Account', 'sub_title' => '', 'summary' => 'December 21: Everest Bank announced a new offer “Everest Special Savings” amid a function held at its head office on Wednesday, December 20.', 'content' => '<p>December 21: Everest Bank announced a new offer “<strong>Everest Special Savings</strong>” amid a function held at its head office on Wednesday, December 20. The key attractions of the offer are accidental death insurance of Rs 500,000 and medical insurance of Rs100,000 besides free offer of debit card, internet/SMS banking, ASBA, DEMAT and 50 percent discount on locker, credit card with attractive interest rate of 4 percent per annum.</p> <p>The offer was announced by Someshwar Seth, CEO of the bank. Others present at the function were MK Kapur (CEO of Orient Insurance Co), Rajesh Gautam, DGM, Rajeev Jain DGM and other senior officials of the bank. </p> <p>Currently, the bank said it is providing banking services through its network of 64 branches, two extension counters, 26 revenue collection counters, 94 ATMs and around 5000 “Everest Remit<strong>”</strong> payout agents/business correspondents across the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6949', 'image' => '20171221021342_Everest.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7166', 'article_category_id' => '1', 'title' => 'Construction Entrepreneurs meet Secretary Devkota', 'sub_title' => '', 'summary' => 'December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.', 'content' => '<p>December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.</p> <p>In response, Devkota said he would try his best to make construction business well managed and disciplined. The delegation led by Bishnubhai Shrestha, president of FCAN, discussed about the flaws in the first amendment to the Public Procurement Act and fourth amendment to the Public Procurement Regulation as well as other legal complications faced by the entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6948', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7164', 'article_category_id' => '1', 'title' => 'Global IME starts Branchless Banking Service in Yakhachwok', 'sub_title' => '', 'summary' => 'December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.', 'content' => '<p>December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.</p> <p>The bank’s CEO Janak Sharma Poudel inaugurated the service after appointing a local Anirudra Singa as the bank’s representative for Yakhachwok. With this, the bank has now been providing branchless banking service from 55 locations.</p> <p>With an aim to expand banking service at all local levels across the nation, the bank has been providing banking services in various places through its branches, extension counters, and branchless banking service.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6947', 'image' => '20171221033040_Global.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7165', 'article_category_id' => '1', 'title' => 'Laxmi Group to Build an Elevator in Bindabasini Temple', 'sub_title' => '', 'summary' => 'December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45th anniversary.', 'content' => '<p>December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45<sup>th</sup> anniversary.</p> <p>The group celebrated its 45<sup>th</sup> anniversary organising different programs at its corporate office in Pokhara on Wednesday. According to the company, an elevator in the temple will help in tourism promotion in the area. The company is building the elevator to help the elderly and differently-abled people.</p> <p>Sunil Shrestha, executive director of the group and Pabitra Raj Regmi, vice-president of Bindyabasini Religious Area Committee signed a Memorandum of Understanding (MoU) to build the elevator. Laxmi Group said it is building the elevator with an investment of Rs 8 million.</p> <p>“We have been investing in different social sector every year. This year, we will build an elevator in Bindyabasini Temple,” Regmi said. To mark its anniversary, Laxmi Group also financially supported Pokhreli Youth Cultural Family with Rs 250,000. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6946', 'image' => '20171221033055_Laxmi.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7163', 'article_category_id' => '1', 'title' => 'NIC Asia bags Double Award', 'sub_title' => '', 'summary' => 'December 21: NIC Asia Bank has bagged two awards at the same time.', 'content' => '<p>December 21: NIC Asia Bank has bagged two awards at the same time. The bank has received the ‘Best Brand Award’ and the ‘Best Employer Brand Award’ in banking sector amid a function organized recently by CMO Asia at Soaltee Crowne Plaza, Kathmandu.</p> <p>The programme was attended by different companies from the banking, insurance, finance, tourism, automobile, biotechnology, construction and real estate sectors.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6945', 'image' => '20171221033118_NIC.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7169', 'article_category_id' => '1', 'title' => 'Birgunj Inferno Claims Life of two Firefighters', 'sub_title' => '', 'summary' => 'December 21: A massive fire which erupted at Super Gas Industry in Birgunj on Wednesday has killed two firefighters and left three people injured. ', 'content' => '<p>December 21: A massive fire, which erupted at Super Gas Industry in Birgunj on Wednesday, has killed two firefighters and left three people injured. The fire started early in the morning at 6 am and was brought under control by firefighters after 8 hours at 2 pm.</p> <p>The firefighters were killed as their fire engine itself caught fire while attempting to douse the blaze. The inferno took the life of Madhusudhan Mishra, a resident of Tanahun and Yadav Raj Adhikari, a resident of Lalbandi, Sarlahi. Deputy Superintendent of Police (DSP) Ganesh Regmi of District Police Office, Parsa confirmed that two firefighters were killed by the inferno.</p> <p>The damage caused by the flames is yet to be ascertained. The Association of LP Gas Industry has formed a five-member committee to investigate into the incident.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6944', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7162', 'article_category_id' => '1', 'title' => 'NOC hikes Petroleum Price', 'sub_title' => '', 'summary' => 'December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.', 'content' => '<p>December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.</p> <p>NOC has increased the price on petrol, diesel, and kerosene by Re 1 per liter. With the increment, petrol now costs Rs 101, diesel and kerosene cost Rs 75 per liter.</p> <p>Earlier, the decision of NOC to increase price before the election was revoked by the government. The state-run petroleum monopoly then increased the price after elections on December 8. Again after 12 days, NOC hiked the price of petroleum products on December 20. According to NOC, the prices were adjusted with the increase in fuel prices in the international market.</p> <p>The prices of liquefied petroleum gas (LPG) and aviation turbine fuel are still the same. LPG costs Rs 1350 per cylinder. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6943', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7161', 'article_category_id' => '1', 'title' => 'First National Conference on Rice Fortification held in Nepal', 'sub_title' => '', 'summary' => 'December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. ', 'content' => '<p>December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. The two-day conference was organised in Kathmandu on December 18 and 19 by the Department of Health Services, Department of Food Technology and Quality Control, and the Nepal Food Corporation(NFC) in association with the United Nations World Food Programme (WFP).</p> <p>A press statement issued by WFP says that malnutrition in general is a serious public health concern in Nepal. The country’s rates of iron deficiency and anaemia remain high. The 2016 Nepal Demographic and Health Survey has revealed more than one in four women of reproductive age and more than half of the children of 6-59 months to be anaemic, the statement says.</p> <p>“Among pregnant and breastfeeding women, the prevalence of anaemia reaches each 46 percent; among children of 12-17 months, it hits an alarming 74 percent,” the statement warned.</p> <p>The conference noted that nutrients most commonly used in food grain fortification are iron and folic acid. Fortifying rice with essential vitamins and minerals will lead to better health, especially amongst those that are poor and vulnerable, said the stakeholders. </p> <p> </p> <p>“Chronic malnutrition, especially among women, adolescent girls and children, is a terrible burden for the people of Nepal, both in terms of health and economic productivity,” said Pippa Bradford, WFP Nepal Country Director. “Micronutrient fortification is a cost-efficient intervention that can really help tackle this problem.”</p> <p>Experts in fortification shared insights during the conference while the food fortification strategies and experiences in Nepal till date were also reviewed.</p> <p>Participants included government representatives, the Nepal Food Corporation, the private sector, UN agencies, and national and international NGOs, as well as entrepreneurs, academia, civil society groups, media and consumer associations.</p> <p>WFP said it is working in collaboration with the Government of Nepal to achieve Sustainable Development Goal (SDG), which calls for an end to all forms of malnutrition. The agency has been advocating rice fortification to tackle micronutrient deficiencies across Asia. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6942', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7160', 'article_category_id' => '1', 'title' => 'Army Still Studying DPR for Fast Track Construction ', 'sub_title' => '', 'summary' => 'December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. ', 'content' => '<p>December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. Even after six months of laying the foundation of the fast track, the construction of the national pride project has not started yet as the NA is still studying the DPR prepared by an Indian company which was initially handed over the responsibility of the project. Later, the government assigned the task to build the fast track to the NA.</p> <p>The initial agreement reached between the concerned stakeholders regarding the NA purchasing the DPR prepared by Indian company Infrastructure Leasing and Financial Services (ILFS) has not yet materialized. Due to this, speculation is rife that the project will be delayed.</p> <p>However, Brigadier General Nain Raj Dahal, spokesperson of NA, said that the possibility of delay in construction of the project is very slim.</p> <p>“We are studying the DPR for the project prepared by the Indian company. So, we cannot say anything in this regard right now,” he said, adding, “The DPR is being studied and we will submit a report to the government with amendments.”</p> <p>The NA had taken over the responsibility of building the 76.2 kilometers fast track with an aim of completing it in four years.</p> <p>“We are discussing about the subject and there will be no problem in the future for we have our own design for the fast track,” Dahal told New Business Age, adding, “Tender notices have already been issued and materials for the construction have been purchased too.”</p> <p>The government has allocated Rs 10 billion in the current fiscal year while the estimated cost of the project is Rs 112 billion.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6941', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7159', 'article_category_id' => '1', 'title' => 'Formal Inauguration of Bajura Branch of NIC ASIA Bank', 'sub_title' => '', 'summary' => 'December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19.', 'content' => '<p>December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19. Padam Baduwal, mayor of Badimalika Municipality inaugurated the branch in the presence of Narayan Prasad Poudel, executive director (Financial Institution Regulation Department) of Nepal Rastra Bank, reads a press statement issued by the bank. The branch situated at Badimalika Municipality Ward-8 of Martadi, Bajura was initially opened on July 6.</p> <p>Sakchyam is a UK Aid funded programme implemented for DFID Nepal by Louis Berger. It is being implemented in Nepal in partnership with local and international institutions. </p> <p>NIC ASIA Bank believes that its partnership with Sakchyam will play a very crucial role in gradually enriching the banking activities in unbanked/underserved areas of the country. The bank said that it will support in implementing Nepal government’s program to increase access to banking service in all areas of the country.</p> <p>The bank said it has adopted a strategy to reach every possible market for better service for its customers. The statement further said that there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6940', 'image' => '20171220021726_download (1).jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7158', 'article_category_id' => '1', 'title' => 'Lumbini Bank to Provide Loan to Purchase Bullet Bikes', 'sub_title' => '', 'summary' => 'December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes.', 'content' => '<p>December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes. Vivek Automobile, the authorised distributor of Bullet bikes in Nepal, and Lumbini Bikas Bank signed an agreement to facilitate loan for purchasing the bike throughout the nation.</p> <p>As per the agreement, the bank will provide a three-year loan to the customers to purchase the bikes. Jhalak Prasad Khanal, CEO of the bank and Vivek Dugad, vice-chairman of Dugad Group, signed the agreement.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6939', 'image' => '20171220020511_Royal enfield.jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7157', 'article_category_id' => '1', 'title' => 'JICA Hands over Newly Constructed School Buildings in Lalitpur', 'sub_title' => '', 'summary' => 'December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.', 'content' => '<div><span style="font-size:13px">December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.</span></div> <div><span style="font-size:13px">The newly reconstructed buildings consist of three new blocks consisting of six classrooms, laboratory, ECD, library, lavatories along with other required facilities, according to JICA.</span></div> <div><span style="font-size:13px">Jun Sakuma, chief representative of JICA Nepal and Madhu Prasad Regmi, secretary at the Ministry of Education, jointly inaugurated the school infrastructures amidst a function held on the school premises, JICA said in a statement.</span></div> <div><span style="font-size:13px">The construction of the buildings which began in June 2016 was built under Emergency School Reconstruction Project (ESRP). The project is being implemented by the Central Level Project Implementation Unit of the Ministry of Education under Japanese ODA loan assistance.</span></div> <div><span style="font-size:13px">“The school was severely damaged during the earthquake of 2015. Since then, the school faced difficulties in managing the classrooms and education for the students. The secondary school was established back in 1963 and now has 474 students altogether. The new buildings are constructed with multihazard resilient structures which are environment, child, gender and disable friendly and are expected to provide improved learning environment to the students,” reads the statement.</span></div> <div><span style="font-size:13px">Speaking at the event, JICA Nepal’s Chief Representative Sakuma said, “Development of education sector in Nepal is one of primary motives of JICA and completion of this building is a positive commencement to various ongoing school reconstruction endeavors of JICA Nepal.”</span></div> <div><span style="font-size:13px">Approximately 300 schools are being built at a total cost of 14 billion Japanese yen (about NRs 12.7 billion) to support the reconstruction of disaster resilient schools in Gorkha, Dhading, Nuwakot, Makwanpur, Rasuwa and Lalitpur districts, based on the earthquake-resistant type design guidelines formulated by JICA under the principle of “Build Back Better (BBB)”. The rebuilt schools are expected to serve as potential regional hubs for improving the quality of education.</span></div> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6938', 'image' => '20171220015353_Key Handover to School Mgmt..jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7171', 'article_category_id' => '1', 'title' => 'Maruti unveils upgraded version of Celerio', 'sub_title' => '', 'summary' => 'December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday.', 'content' => '<p>December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday. The authorized distributor of Maruti for Gandaki and Daulagiri regions, Batas Brothers, also started the sales of the latest model of Celerio from Wednesday itself.</p> <p>A press statement issued by the company reads that the four-wheeler uses K-10 engine and gives mileage of 23.0 kilometers. The company believes that the features of the car make it a perfect four-wheeler for any family. According to sales manager Ganesh Dhakal, the looks of the upgraded version is better in comparison to the older one. The car is priced at Rs 2.3 million. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6952', 'image' => '20171221033209_celerio.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7170', 'article_category_id' => '1', 'title' => 'Earthquakes had Little Impact on Economy: Experts', 'sub_title' => '', 'summary' => 'December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.', 'content' => '<p>December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.</p> <p>Despite damages worth billion of rupees, the 2015 earthquakes did not affect Nepal’s economy in a fundamental manner, pointed out Dr Yuba Raj Khatiwada, former Vice Chairman of the National Planning Commission while making a presentation to provide an overview of the medium to long-term impact on the economy, at a discussion forum organised by South Asia Watch on Trade, Economics and Environment (SAWTEE) in Kathmandu on Wednesday, December 20.</p> <p>During the discussion program titled “<em>Impact of Post Earthquake Reconstruction on the Economy”,</em> Dr Yuba Raj Bhusal, CEO of National Reconstruction Authority (NRA), said that the impact of earthquakes on national economy may be negligible but the distress on the individual household level is severe and has further amplified the magnitude of vulnerability of many.</p> <p>Meanwhile, Khatiwada pointed out that the economy seemed to have stagnated in the subsequent fiscal year 2015-16, but the border blockade in the same year also affected the economic activities which manifested as marginal growth that year.</p> <p>He suggested that there exist both fiscal and monetary space for accommodative macro policies to expedite reconstruction, and it may be necessary to resort to deficit financing for reconstruction, as capital constraints would otherwise hinder the economic growth process and perpetuate low-investment-low growth-low saving-low investment cycle, SAWTEE quoted Khatiwada as saying in a statement.</p> <p>Likewise, he also recommended that it is better for the government to finance the reconstruction through grants than from concessional loans to prevent country from falling in debt stress due to debt accumulation. He attributed the slow pace of reconstruction to the regulatory hassles and problems with coordination among the responsible government agencies.</p> <p>Referring to housing reconstruction activities, Bhusal pointed out that the NRA is targeting to complete the construction of 450,000 houses by the end of this fiscal year. Further, to expedite the process, they will mobilise personnel to solve the problems that has slowed down the pace.</p> <p>Dr Bishnu Dev Pant, executive chairman of the Institute of Integrated Development Studies, emphasised that more skill development trainings are necessary to meet the labour shortage and to tackle exodus of Nepali workforce for the benefit of all.</p> <p>Likewise, Dr Shankar Sharma, former Vice Chairman of National Planning Commission, also pointed out that we need to have a positive outlook as the reconstruction activities do not take place overnight and although it is slow right now it will gather pace eventually.</p> <p>Some 30 participants from various organizations, including research institutions, experts, activists and development partners, participated in the event. <a name="_GoBack"></a></p> <p>SAWTEE said this is the seventh series of such discussion forums it organized under the project <em>‘Initiating dialogue on Post Disaster Reconstruction Experience’ </em>undertaken with the support from The Asia Foundation (TAF). </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6951', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7167', 'article_category_id' => '1', 'title' => 'Jyoti Life, NMB Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. ', 'content' => '<p>December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. Prakash Bikram Khatri, deputy CEO of the insurance company and Sunil KC, CEO of NMB, signed the agreement amid a function on Wednesday, December 20. As per the agreement, the bank’s customers can now get all kinds services of the insurance company from any branch of NMB Bank.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6950', 'image' => '20171221033006_NMB Jyoti.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7168', 'article_category_id' => '1', 'title' => 'Everest Bank launches 'Everest Special Savings' Account', 'sub_title' => '', 'summary' => 'December 21: Everest Bank announced a new offer “Everest Special Savings” amid a function held at its head office on Wednesday, December 20.', 'content' => '<p>December 21: Everest Bank announced a new offer “<strong>Everest Special Savings</strong>” amid a function held at its head office on Wednesday, December 20. The key attractions of the offer are accidental death insurance of Rs 500,000 and medical insurance of Rs100,000 besides free offer of debit card, internet/SMS banking, ASBA, DEMAT and 50 percent discount on locker, credit card with attractive interest rate of 4 percent per annum.</p> <p>The offer was announced by Someshwar Seth, CEO of the bank. Others present at the function were MK Kapur (CEO of Orient Insurance Co), Rajesh Gautam, DGM, Rajeev Jain DGM and other senior officials of the bank. </p> <p>Currently, the bank said it is providing banking services through its network of 64 branches, two extension counters, 26 revenue collection counters, 94 ATMs and around 5000 “Everest Remit<strong>”</strong> payout agents/business correspondents across the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6949', 'image' => '20171221021342_Everest.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7166', 'article_category_id' => '1', 'title' => 'Construction Entrepreneurs meet Secretary Devkota', 'sub_title' => '', 'summary' => 'December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.', 'content' => '<p>December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.</p> <p>In response, Devkota said he would try his best to make construction business well managed and disciplined. The delegation led by Bishnubhai Shrestha, president of FCAN, discussed about the flaws in the first amendment to the Public Procurement Act and fourth amendment to the Public Procurement Regulation as well as other legal complications faced by the entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6948', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7164', 'article_category_id' => '1', 'title' => 'Global IME starts Branchless Banking Service in Yakhachwok', 'sub_title' => '', 'summary' => 'December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.', 'content' => '<p>December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.</p> <p>The bank’s CEO Janak Sharma Poudel inaugurated the service after appointing a local Anirudra Singa as the bank’s representative for Yakhachwok. With this, the bank has now been providing branchless banking service from 55 locations.</p> <p>With an aim to expand banking service at all local levels across the nation, the bank has been providing banking services in various places through its branches, extension counters, and branchless banking service.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6947', 'image' => '20171221033040_Global.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7165', 'article_category_id' => '1', 'title' => 'Laxmi Group to Build an Elevator in Bindabasini Temple', 'sub_title' => '', 'summary' => 'December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45th anniversary.', 'content' => '<p>December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45<sup>th</sup> anniversary.</p> <p>The group celebrated its 45<sup>th</sup> anniversary organising different programs at its corporate office in Pokhara on Wednesday. According to the company, an elevator in the temple will help in tourism promotion in the area. The company is building the elevator to help the elderly and differently-abled people.</p> <p>Sunil Shrestha, executive director of the group and Pabitra Raj Regmi, vice-president of Bindyabasini Religious Area Committee signed a Memorandum of Understanding (MoU) to build the elevator. Laxmi Group said it is building the elevator with an investment of Rs 8 million.</p> <p>“We have been investing in different social sector every year. This year, we will build an elevator in Bindyabasini Temple,” Regmi said. To mark its anniversary, Laxmi Group also financially supported Pokhreli Youth Cultural Family with Rs 250,000. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6946', 'image' => '20171221033055_Laxmi.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7163', 'article_category_id' => '1', 'title' => 'NIC Asia bags Double Award', 'sub_title' => '', 'summary' => 'December 21: NIC Asia Bank has bagged two awards at the same time.', 'content' => '<p>December 21: NIC Asia Bank has bagged two awards at the same time. The bank has received the ‘Best Brand Award’ and the ‘Best Employer Brand Award’ in banking sector amid a function organized recently by CMO Asia at Soaltee Crowne Plaza, Kathmandu.</p> <p>The programme was attended by different companies from the banking, insurance, finance, tourism, automobile, biotechnology, construction and real estate sectors.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6945', 'image' => '20171221033118_NIC.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7169', 'article_category_id' => '1', 'title' => 'Birgunj Inferno Claims Life of two Firefighters', 'sub_title' => '', 'summary' => 'December 21: A massive fire which erupted at Super Gas Industry in Birgunj on Wednesday has killed two firefighters and left three people injured. ', 'content' => '<p>December 21: A massive fire, which erupted at Super Gas Industry in Birgunj on Wednesday, has killed two firefighters and left three people injured. The fire started early in the morning at 6 am and was brought under control by firefighters after 8 hours at 2 pm.</p> <p>The firefighters were killed as their fire engine itself caught fire while attempting to douse the blaze. The inferno took the life of Madhusudhan Mishra, a resident of Tanahun and Yadav Raj Adhikari, a resident of Lalbandi, Sarlahi. Deputy Superintendent of Police (DSP) Ganesh Regmi of District Police Office, Parsa confirmed that two firefighters were killed by the inferno.</p> <p>The damage caused by the flames is yet to be ascertained. The Association of LP Gas Industry has formed a five-member committee to investigate into the incident.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6944', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7162', 'article_category_id' => '1', 'title' => 'NOC hikes Petroleum Price', 'sub_title' => '', 'summary' => 'December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.', 'content' => '<p>December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.</p> <p>NOC has increased the price on petrol, diesel, and kerosene by Re 1 per liter. With the increment, petrol now costs Rs 101, diesel and kerosene cost Rs 75 per liter.</p> <p>Earlier, the decision of NOC to increase price before the election was revoked by the government. The state-run petroleum monopoly then increased the price after elections on December 8. Again after 12 days, NOC hiked the price of petroleum products on December 20. According to NOC, the prices were adjusted with the increase in fuel prices in the international market.</p> <p>The prices of liquefied petroleum gas (LPG) and aviation turbine fuel are still the same. LPG costs Rs 1350 per cylinder. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6943', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7161', 'article_category_id' => '1', 'title' => 'First National Conference on Rice Fortification held in Nepal', 'sub_title' => '', 'summary' => 'December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. ', 'content' => '<p>December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. The two-day conference was organised in Kathmandu on December 18 and 19 by the Department of Health Services, Department of Food Technology and Quality Control, and the Nepal Food Corporation(NFC) in association with the United Nations World Food Programme (WFP).</p> <p>A press statement issued by WFP says that malnutrition in general is a serious public health concern in Nepal. The country’s rates of iron deficiency and anaemia remain high. The 2016 Nepal Demographic and Health Survey has revealed more than one in four women of reproductive age and more than half of the children of 6-59 months to be anaemic, the statement says.</p> <p>“Among pregnant and breastfeeding women, the prevalence of anaemia reaches each 46 percent; among children of 12-17 months, it hits an alarming 74 percent,” the statement warned.</p> <p>The conference noted that nutrients most commonly used in food grain fortification are iron and folic acid. Fortifying rice with essential vitamins and minerals will lead to better health, especially amongst those that are poor and vulnerable, said the stakeholders. </p> <p> </p> <p>“Chronic malnutrition, especially among women, adolescent girls and children, is a terrible burden for the people of Nepal, both in terms of health and economic productivity,” said Pippa Bradford, WFP Nepal Country Director. “Micronutrient fortification is a cost-efficient intervention that can really help tackle this problem.”</p> <p>Experts in fortification shared insights during the conference while the food fortification strategies and experiences in Nepal till date were also reviewed.</p> <p>Participants included government representatives, the Nepal Food Corporation, the private sector, UN agencies, and national and international NGOs, as well as entrepreneurs, academia, civil society groups, media and consumer associations.</p> <p>WFP said it is working in collaboration with the Government of Nepal to achieve Sustainable Development Goal (SDG), which calls for an end to all forms of malnutrition. The agency has been advocating rice fortification to tackle micronutrient deficiencies across Asia. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6942', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7160', 'article_category_id' => '1', 'title' => 'Army Still Studying DPR for Fast Track Construction ', 'sub_title' => '', 'summary' => 'December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. ', 'content' => '<p>December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. Even after six months of laying the foundation of the fast track, the construction of the national pride project has not started yet as the NA is still studying the DPR prepared by an Indian company which was initially handed over the responsibility of the project. Later, the government assigned the task to build the fast track to the NA.</p> <p>The initial agreement reached between the concerned stakeholders regarding the NA purchasing the DPR prepared by Indian company Infrastructure Leasing and Financial Services (ILFS) has not yet materialized. Due to this, speculation is rife that the project will be delayed.</p> <p>However, Brigadier General Nain Raj Dahal, spokesperson of NA, said that the possibility of delay in construction of the project is very slim.</p> <p>“We are studying the DPR for the project prepared by the Indian company. So, we cannot say anything in this regard right now,” he said, adding, “The DPR is being studied and we will submit a report to the government with amendments.”</p> <p>The NA had taken over the responsibility of building the 76.2 kilometers fast track with an aim of completing it in four years.</p> <p>“We are discussing about the subject and there will be no problem in the future for we have our own design for the fast track,” Dahal told New Business Age, adding, “Tender notices have already been issued and materials for the construction have been purchased too.”</p> <p>The government has allocated Rs 10 billion in the current fiscal year while the estimated cost of the project is Rs 112 billion.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6941', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7159', 'article_category_id' => '1', 'title' => 'Formal Inauguration of Bajura Branch of NIC ASIA Bank', 'sub_title' => '', 'summary' => 'December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19.', 'content' => '<p>December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19. Padam Baduwal, mayor of Badimalika Municipality inaugurated the branch in the presence of Narayan Prasad Poudel, executive director (Financial Institution Regulation Department) of Nepal Rastra Bank, reads a press statement issued by the bank. The branch situated at Badimalika Municipality Ward-8 of Martadi, Bajura was initially opened on July 6.</p> <p>Sakchyam is a UK Aid funded programme implemented for DFID Nepal by Louis Berger. It is being implemented in Nepal in partnership with local and international institutions. </p> <p>NIC ASIA Bank believes that its partnership with Sakchyam will play a very crucial role in gradually enriching the banking activities in unbanked/underserved areas of the country. The bank said that it will support in implementing Nepal government’s program to increase access to banking service in all areas of the country.</p> <p>The bank said it has adopted a strategy to reach every possible market for better service for its customers. The statement further said that there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6940', 'image' => '20171220021726_download (1).jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7158', 'article_category_id' => '1', 'title' => 'Lumbini Bank to Provide Loan to Purchase Bullet Bikes', 'sub_title' => '', 'summary' => 'December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes.', 'content' => '<p>December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes. Vivek Automobile, the authorised distributor of Bullet bikes in Nepal, and Lumbini Bikas Bank signed an agreement to facilitate loan for purchasing the bike throughout the nation.</p> <p>As per the agreement, the bank will provide a three-year loan to the customers to purchase the bikes. Jhalak Prasad Khanal, CEO of the bank and Vivek Dugad, vice-chairman of Dugad Group, signed the agreement.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6939', 'image' => '20171220020511_Royal enfield.jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7157', 'article_category_id' => '1', 'title' => 'JICA Hands over Newly Constructed School Buildings in Lalitpur', 'sub_title' => '', 'summary' => 'December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.', 'content' => '<div><span style="font-size:13px">December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.</span></div> <div><span style="font-size:13px">The newly reconstructed buildings consist of three new blocks consisting of six classrooms, laboratory, ECD, library, lavatories along with other required facilities, according to JICA.</span></div> <div><span style="font-size:13px">Jun Sakuma, chief representative of JICA Nepal and Madhu Prasad Regmi, secretary at the Ministry of Education, jointly inaugurated the school infrastructures amidst a function held on the school premises, JICA said in a statement.</span></div> <div><span style="font-size:13px">The construction of the buildings which began in June 2016 was built under Emergency School Reconstruction Project (ESRP). The project is being implemented by the Central Level Project Implementation Unit of the Ministry of Education under Japanese ODA loan assistance.</span></div> <div><span style="font-size:13px">“The school was severely damaged during the earthquake of 2015. Since then, the school faced difficulties in managing the classrooms and education for the students. The secondary school was established back in 1963 and now has 474 students altogether. The new buildings are constructed with multihazard resilient structures which are environment, child, gender and disable friendly and are expected to provide improved learning environment to the students,” reads the statement.</span></div> <div><span style="font-size:13px">Speaking at the event, JICA Nepal’s Chief Representative Sakuma said, “Development of education sector in Nepal is one of primary motives of JICA and completion of this building is a positive commencement to various ongoing school reconstruction endeavors of JICA Nepal.”</span></div> <div><span style="font-size:13px">Approximately 300 schools are being built at a total cost of 14 billion Japanese yen (about NRs 12.7 billion) to support the reconstruction of disaster resilient schools in Gorkha, Dhading, Nuwakot, Makwanpur, Rasuwa and Lalitpur districts, based on the earthquake-resistant type design guidelines formulated by JICA under the principle of “Build Back Better (BBB)”. The rebuilt schools are expected to serve as potential regional hubs for improving the quality of education.</span></div> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6938', 'image' => '20171220015353_Key Handover to School Mgmt..jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7171', 'article_category_id' => '1', 'title' => 'Maruti unveils upgraded version of Celerio', 'sub_title' => '', 'summary' => 'December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday.', 'content' => '<p>December 21: Maruti Suzuki has unveiled the upgraded version of its four-wheeler -- Celerio – in Pokhara on Wednesday. The authorized distributor of Maruti for Gandaki and Daulagiri regions, Batas Brothers, also started the sales of the latest model of Celerio from Wednesday itself.</p> <p>A press statement issued by the company reads that the four-wheeler uses K-10 engine and gives mileage of 23.0 kilometers. The company believes that the features of the car make it a perfect four-wheeler for any family. According to sales manager Ganesh Dhakal, the looks of the upgraded version is better in comparison to the older one. The car is priced at Rs 2.3 million. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6952', 'image' => '20171221033209_celerio.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7170', 'article_category_id' => '1', 'title' => 'Earthquakes had Little Impact on Economy: Experts', 'sub_title' => '', 'summary' => 'December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.', 'content' => '<p>December 21: Experts at a discussion program said that the 2015 earthquakes had little impact on the country’s economy.</p> <p>Despite damages worth billion of rupees, the 2015 earthquakes did not affect Nepal’s economy in a fundamental manner, pointed out Dr Yuba Raj Khatiwada, former Vice Chairman of the National Planning Commission while making a presentation to provide an overview of the medium to long-term impact on the economy, at a discussion forum organised by South Asia Watch on Trade, Economics and Environment (SAWTEE) in Kathmandu on Wednesday, December 20.</p> <p>During the discussion program titled “<em>Impact of Post Earthquake Reconstruction on the Economy”,</em> Dr Yuba Raj Bhusal, CEO of National Reconstruction Authority (NRA), said that the impact of earthquakes on national economy may be negligible but the distress on the individual household level is severe and has further amplified the magnitude of vulnerability of many.</p> <p>Meanwhile, Khatiwada pointed out that the economy seemed to have stagnated in the subsequent fiscal year 2015-16, but the border blockade in the same year also affected the economic activities which manifested as marginal growth that year.</p> <p>He suggested that there exist both fiscal and monetary space for accommodative macro policies to expedite reconstruction, and it may be necessary to resort to deficit financing for reconstruction, as capital constraints would otherwise hinder the economic growth process and perpetuate low-investment-low growth-low saving-low investment cycle, SAWTEE quoted Khatiwada as saying in a statement.</p> <p>Likewise, he also recommended that it is better for the government to finance the reconstruction through grants than from concessional loans to prevent country from falling in debt stress due to debt accumulation. He attributed the slow pace of reconstruction to the regulatory hassles and problems with coordination among the responsible government agencies.</p> <p>Referring to housing reconstruction activities, Bhusal pointed out that the NRA is targeting to complete the construction of 450,000 houses by the end of this fiscal year. Further, to expedite the process, they will mobilise personnel to solve the problems that has slowed down the pace.</p> <p>Dr Bishnu Dev Pant, executive chairman of the Institute of Integrated Development Studies, emphasised that more skill development trainings are necessary to meet the labour shortage and to tackle exodus of Nepali workforce for the benefit of all.</p> <p>Likewise, Dr Shankar Sharma, former Vice Chairman of National Planning Commission, also pointed out that we need to have a positive outlook as the reconstruction activities do not take place overnight and although it is slow right now it will gather pace eventually.</p> <p>Some 30 participants from various organizations, including research institutions, experts, activists and development partners, participated in the event. <a name="_GoBack"></a></p> <p>SAWTEE said this is the seventh series of such discussion forums it organized under the project <em>‘Initiating dialogue on Post Disaster Reconstruction Experience’ </em>undertaken with the support from The Asia Foundation (TAF). </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6951', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7167', 'article_category_id' => '1', 'title' => 'Jyoti Life, NMB Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. ', 'content' => '<p>December 21: NMB Bank and Jyoti Life Insurance Company have signed a bancassurance agreement. Prakash Bikram Khatri, deputy CEO of the insurance company and Sunil KC, CEO of NMB, signed the agreement amid a function on Wednesday, December 20. As per the agreement, the bank’s customers can now get all kinds services of the insurance company from any branch of NMB Bank.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6950', 'image' => '20171221033006_NMB Jyoti.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7168', 'article_category_id' => '1', 'title' => 'Everest Bank launches 'Everest Special Savings' Account', 'sub_title' => '', 'summary' => 'December 21: Everest Bank announced a new offer “Everest Special Savings” amid a function held at its head office on Wednesday, December 20.', 'content' => '<p>December 21: Everest Bank announced a new offer “<strong>Everest Special Savings</strong>” amid a function held at its head office on Wednesday, December 20. The key attractions of the offer are accidental death insurance of Rs 500,000 and medical insurance of Rs100,000 besides free offer of debit card, internet/SMS banking, ASBA, DEMAT and 50 percent discount on locker, credit card with attractive interest rate of 4 percent per annum.</p> <p>The offer was announced by Someshwar Seth, CEO of the bank. Others present at the function were MK Kapur (CEO of Orient Insurance Co), Rajesh Gautam, DGM, Rajeev Jain DGM and other senior officials of the bank. </p> <p>Currently, the bank said it is providing banking services through its network of 64 branches, two extension counters, 26 revenue collection counters, 94 ATMs and around 5000 “Everest Remit<strong>”</strong> payout agents/business correspondents across the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6949', 'image' => '20171221021342_Everest.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7166', 'article_category_id' => '1', 'title' => 'Construction Entrepreneurs meet Secretary Devkota', 'sub_title' => '', 'summary' => 'December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.', 'content' => '<p>December 21: A delegation of the Federation of Contractors’ Association of Nepal (FCAN) on Wednesday (December 20) apprised the secretary at the Public Procurement Monitoring Office, Krishna Prasad Devkota, about the problems faced by the construction entrepreneurs.</p> <p>In response, Devkota said he would try his best to make construction business well managed and disciplined. The delegation led by Bishnubhai Shrestha, president of FCAN, discussed about the flaws in the first amendment to the Public Procurement Act and fourth amendment to the Public Procurement Regulation as well as other legal complications faced by the entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6948', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7164', 'article_category_id' => '1', 'title' => 'Global IME starts Branchless Banking Service in Yakhachwok', 'sub_title' => '', 'summary' => 'December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.', 'content' => '<p>December 21: Global IME Bank has launched branchless banking service at Yakhachwok,Chainpur-4 of Sankhuwasabha.</p> <p>The bank’s CEO Janak Sharma Poudel inaugurated the service after appointing a local Anirudra Singa as the bank’s representative for Yakhachwok. With this, the bank has now been providing branchless banking service from 55 locations.</p> <p>With an aim to expand banking service at all local levels across the nation, the bank has been providing banking services in various places through its branches, extension counters, and branchless banking service.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6947', 'image' => '20171221033040_Global.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7165', 'article_category_id' => '1', 'title' => 'Laxmi Group to Build an Elevator in Bindabasini Temple', 'sub_title' => '', 'summary' => 'December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45th anniversary.', 'content' => '<p>December 21: Laxmi Group, one of the leading business houses of the country, has said that it will build an elevator in Bindyabasini Temple in Pokhara on the occasion of its 45<sup>th</sup> anniversary.</p> <p>The group celebrated its 45<sup>th</sup> anniversary organising different programs at its corporate office in Pokhara on Wednesday. According to the company, an elevator in the temple will help in tourism promotion in the area. The company is building the elevator to help the elderly and differently-abled people.</p> <p>Sunil Shrestha, executive director of the group and Pabitra Raj Regmi, vice-president of Bindyabasini Religious Area Committee signed a Memorandum of Understanding (MoU) to build the elevator. Laxmi Group said it is building the elevator with an investment of Rs 8 million.</p> <p>“We have been investing in different social sector every year. This year, we will build an elevator in Bindyabasini Temple,” Regmi said. To mark its anniversary, Laxmi Group also financially supported Pokhreli Youth Cultural Family with Rs 250,000. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6946', 'image' => '20171221033055_Laxmi.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7163', 'article_category_id' => '1', 'title' => 'NIC Asia bags Double Award', 'sub_title' => '', 'summary' => 'December 21: NIC Asia Bank has bagged two awards at the same time.', 'content' => '<p>December 21: NIC Asia Bank has bagged two awards at the same time. The bank has received the ‘Best Brand Award’ and the ‘Best Employer Brand Award’ in banking sector amid a function organized recently by CMO Asia at Soaltee Crowne Plaza, Kathmandu.</p> <p>The programme was attended by different companies from the banking, insurance, finance, tourism, automobile, biotechnology, construction and real estate sectors.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6945', 'image' => '20171221033118_NIC.jpg', 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7169', 'article_category_id' => '1', 'title' => 'Birgunj Inferno Claims Life of two Firefighters', 'sub_title' => '', 'summary' => 'December 21: A massive fire which erupted at Super Gas Industry in Birgunj on Wednesday has killed two firefighters and left three people injured. ', 'content' => '<p>December 21: A massive fire, which erupted at Super Gas Industry in Birgunj on Wednesday, has killed two firefighters and left three people injured. The fire started early in the morning at 6 am and was brought under control by firefighters after 8 hours at 2 pm.</p> <p>The firefighters were killed as their fire engine itself caught fire while attempting to douse the blaze. The inferno took the life of Madhusudhan Mishra, a resident of Tanahun and Yadav Raj Adhikari, a resident of Lalbandi, Sarlahi. Deputy Superintendent of Police (DSP) Ganesh Regmi of District Police Office, Parsa confirmed that two firefighters were killed by the inferno.</p> <p>The damage caused by the flames is yet to be ascertained. The Association of LP Gas Industry has formed a five-member committee to investigate into the incident.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-21', 'modified' => '2017-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '6944', 'image' => null, 'article_date' => '2017-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7162', 'article_category_id' => '1', 'title' => 'NOC hikes Petroleum Price', 'sub_title' => '', 'summary' => 'December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.', 'content' => '<p>December 20: Nepal Oil Corporation has increased the price of petroleum products effective from 12 am Tuesday.</p> <p>NOC has increased the price on petrol, diesel, and kerosene by Re 1 per liter. With the increment, petrol now costs Rs 101, diesel and kerosene cost Rs 75 per liter.</p> <p>Earlier, the decision of NOC to increase price before the election was revoked by the government. The state-run petroleum monopoly then increased the price after elections on December 8. Again after 12 days, NOC hiked the price of petroleum products on December 20. According to NOC, the prices were adjusted with the increase in fuel prices in the international market.</p> <p>The prices of liquefied petroleum gas (LPG) and aviation turbine fuel are still the same. LPG costs Rs 1350 per cylinder. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6943', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7161', 'article_category_id' => '1', 'title' => 'First National Conference on Rice Fortification held in Nepal', 'sub_title' => '', 'summary' => 'December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. ', 'content' => '<p>December 20: The first national conference on rice fortification has stressed on the need to enrich rice with essential vitamins and minerals for a healthier and more productive future for the people of Nepal. The two-day conference was organised in Kathmandu on December 18 and 19 by the Department of Health Services, Department of Food Technology and Quality Control, and the Nepal Food Corporation(NFC) in association with the United Nations World Food Programme (WFP).</p> <p>A press statement issued by WFP says that malnutrition in general is a serious public health concern in Nepal. The country’s rates of iron deficiency and anaemia remain high. The 2016 Nepal Demographic and Health Survey has revealed more than one in four women of reproductive age and more than half of the children of 6-59 months to be anaemic, the statement says.</p> <p>“Among pregnant and breastfeeding women, the prevalence of anaemia reaches each 46 percent; among children of 12-17 months, it hits an alarming 74 percent,” the statement warned.</p> <p>The conference noted that nutrients most commonly used in food grain fortification are iron and folic acid. Fortifying rice with essential vitamins and minerals will lead to better health, especially amongst those that are poor and vulnerable, said the stakeholders. </p> <p> </p> <p>“Chronic malnutrition, especially among women, adolescent girls and children, is a terrible burden for the people of Nepal, both in terms of health and economic productivity,” said Pippa Bradford, WFP Nepal Country Director. “Micronutrient fortification is a cost-efficient intervention that can really help tackle this problem.”</p> <p>Experts in fortification shared insights during the conference while the food fortification strategies and experiences in Nepal till date were also reviewed.</p> <p>Participants included government representatives, the Nepal Food Corporation, the private sector, UN agencies, and national and international NGOs, as well as entrepreneurs, academia, civil society groups, media and consumer associations.</p> <p>WFP said it is working in collaboration with the Government of Nepal to achieve Sustainable Development Goal (SDG), which calls for an end to all forms of malnutrition. The agency has been advocating rice fortification to tackle micronutrient deficiencies across Asia. </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6942', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7160', 'article_category_id' => '1', 'title' => 'Army Still Studying DPR for Fast Track Construction ', 'sub_title' => '', 'summary' => 'December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. ', 'content' => '<p>December 20: The Nepal Army (NA) has stated that the delay in approval of the detailed project report (DPR) of the much-awaited Kathmandu-Tarai fast track will not affect the construction work. Even after six months of laying the foundation of the fast track, the construction of the national pride project has not started yet as the NA is still studying the DPR prepared by an Indian company which was initially handed over the responsibility of the project. Later, the government assigned the task to build the fast track to the NA.</p> <p>The initial agreement reached between the concerned stakeholders regarding the NA purchasing the DPR prepared by Indian company Infrastructure Leasing and Financial Services (ILFS) has not yet materialized. Due to this, speculation is rife that the project will be delayed.</p> <p>However, Brigadier General Nain Raj Dahal, spokesperson of NA, said that the possibility of delay in construction of the project is very slim.</p> <p>“We are studying the DPR for the project prepared by the Indian company. So, we cannot say anything in this regard right now,” he said, adding, “The DPR is being studied and we will submit a report to the government with amendments.”</p> <p>The NA had taken over the responsibility of building the 76.2 kilometers fast track with an aim of completing it in four years.</p> <p>“We are discussing about the subject and there will be no problem in the future for we have our own design for the fast track,” Dahal told New Business Age, adding, “Tender notices have already been issued and materials for the construction have been purchased too.”</p> <p>The government has allocated Rs 10 billion in the current fiscal year while the estimated cost of the project is Rs 112 billion.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6941', 'image' => null, 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7159', 'article_category_id' => '1', 'title' => 'Formal Inauguration of Bajura Branch of NIC ASIA Bank', 'sub_title' => '', 'summary' => 'December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19.', 'content' => '<p>December 20: NIC ASIA Bank formally opened a new branch in Martadi, Bajura, in partnership with UK Aid’s Sakchyam Access to Finance Programme (Sakchyam) on December 19. Padam Baduwal, mayor of Badimalika Municipality inaugurated the branch in the presence of Narayan Prasad Poudel, executive director (Financial Institution Regulation Department) of Nepal Rastra Bank, reads a press statement issued by the bank. The branch situated at Badimalika Municipality Ward-8 of Martadi, Bajura was initially opened on July 6.</p> <p>Sakchyam is a UK Aid funded programme implemented for DFID Nepal by Louis Berger. It is being implemented in Nepal in partnership with local and international institutions. </p> <p>NIC ASIA Bank believes that its partnership with Sakchyam will play a very crucial role in gradually enriching the banking activities in unbanked/underserved areas of the country. The bank said that it will support in implementing Nepal government’s program to increase access to banking service in all areas of the country.</p> <p>The bank said it has adopted a strategy to reach every possible market for better service for its customers. The statement further said that there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6940', 'image' => '20171220021726_download (1).jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7158', 'article_category_id' => '1', 'title' => 'Lumbini Bank to Provide Loan to Purchase Bullet Bikes', 'sub_title' => '', 'summary' => 'December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes.', 'content' => '<p>December 20: Lumbini Bikas Bank has decided to provide loan for purchase of Royal Enfield’s Bullet bikes. Vivek Automobile, the authorised distributor of Bullet bikes in Nepal, and Lumbini Bikas Bank signed an agreement to facilitate loan for purchasing the bike throughout the nation.</p> <p>As per the agreement, the bank will provide a three-year loan to the customers to purchase the bikes. Jhalak Prasad Khanal, CEO of the bank and Vivek Dugad, vice-chairman of Dugad Group, signed the agreement.</p> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6939', 'image' => '20171220020511_Royal enfield.jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7157', 'article_category_id' => '1', 'title' => 'JICA Hands over Newly Constructed School Buildings in Lalitpur', 'sub_title' => '', 'summary' => 'December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.', 'content' => '<div><span style="font-size:13px">December 20: Japan International Cooperation Agency (JICA) handed over newly reconstructed school buildings to the school management committee of Path Pradarshak Secondary School in Badikhel, Lalitpur on Tuesday, December 19.</span></div> <div><span style="font-size:13px">The newly reconstructed buildings consist of three new blocks consisting of six classrooms, laboratory, ECD, library, lavatories along with other required facilities, according to JICA.</span></div> <div><span style="font-size:13px">Jun Sakuma, chief representative of JICA Nepal and Madhu Prasad Regmi, secretary at the Ministry of Education, jointly inaugurated the school infrastructures amidst a function held on the school premises, JICA said in a statement.</span></div> <div><span style="font-size:13px">The construction of the buildings which began in June 2016 was built under Emergency School Reconstruction Project (ESRP). The project is being implemented by the Central Level Project Implementation Unit of the Ministry of Education under Japanese ODA loan assistance.</span></div> <div><span style="font-size:13px">“The school was severely damaged during the earthquake of 2015. Since then, the school faced difficulties in managing the classrooms and education for the students. The secondary school was established back in 1963 and now has 474 students altogether. The new buildings are constructed with multihazard resilient structures which are environment, child, gender and disable friendly and are expected to provide improved learning environment to the students,” reads the statement.</span></div> <div><span style="font-size:13px">Speaking at the event, JICA Nepal’s Chief Representative Sakuma said, “Development of education sector in Nepal is one of primary motives of JICA and completion of this building is a positive commencement to various ongoing school reconstruction endeavors of JICA Nepal.”</span></div> <div><span style="font-size:13px">Approximately 300 schools are being built at a total cost of 14 billion Japanese yen (about NRs 12.7 billion) to support the reconstruction of disaster resilient schools in Gorkha, Dhading, Nuwakot, Makwanpur, Rasuwa and Lalitpur districts, based on the earthquake-resistant type design guidelines formulated by JICA under the principle of “Build Back Better (BBB)”. The rebuilt schools are expected to serve as potential regional hubs for improving the quality of education.</span></div> ', 'published' => true, 'created' => '2017-12-20', 'modified' => '2017-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '6938', 'image' => '20171220015353_Key Handover to School Mgmt..jpg', 'article_date' => '2017-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25