. . . Read more »
Pathao: Five Years of Shifting Transportation . . . Read more »
. . . Read more »
Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of . . . Read more »
Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on . . . Read more »
The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising . . . Read more »
The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with . . . Read more »
Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and . . . Read more »
Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also . . . Read more »
In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first . . . Read more »
In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business . . . Read more »
A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition . . . Read more »
One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable . . . Read more »
In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power . . . Read more »
The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its . . . Read more »
The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as . . . Read more »
In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far . . . Read more »
In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly . . . Read more »
Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong . . . Read more »
WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. . . . Read more »
At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift . . . Read more »
At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media . . . Read more »
Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in . . . Read more »
Warning (2): getimagesize(/var/www/html/newbusinessage.com/app/webroot/img/issues/thumbnails/20200226011701_Clipboard05.jpg): failed to open stream: No such file or directory [APP/View/MagazineArticles/category.ctp, line 45]Code Context<div class="col-md-3"><?phplist($width, $height) = getimagesize(WWW_ROOT.'img'.DS.'issues'.DS.'thumbnails'.DS.$magazineArticle['MagazineArticle']['image']);$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ) $issue_title = array( 'MagazineIssue' => array( 'id' => '1007', 'image' => '20200224053753_cover.JPG', 'sortorder' => '1555', 'published' => true, 'created' => '2020-02-24 17:37:53', 'modified' => '2020-02-24 17:53:20', 'title' => 'February 2020', 'publish_date' => '2020-02-01', 'parent_id' => '0', 'homepage' => true, 'user_id' => '11' ) ) $width = (int) 400 $height = (int) 195 $ratio = (float) 2.0512820512821 $img_width = (int) 160 $img_height = (float) 78getimagesize - [internal], line ?? include - APP/View/MagazineArticles/category.ctp, line 45 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): Division by zero [APP/View/MagazineArticles/category.ctp, line 46]Code Context<?phplist($width, $height) = getimagesize(WWW_ROOT.'img'.DS.'issues'.DS.'thumbnails'.DS.$magazineArticle['MagazineArticle']['image']);$ratio = $width / $height;$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ) $issue_title = array( 'MagazineIssue' => array( 'id' => '1007', 'image' => '20200224053753_cover.JPG', 'sortorder' => '1555', 'published' => true, 'created' => '2020-02-24 17:37:53', 'modified' => '2020-02-24 17:53:20', 'title' => 'February 2020', 'publish_date' => '2020-02-01', 'parent_id' => '0', 'homepage' => true, 'user_id' => '11' ) ) $width = null $height = null $ratio = (float) 2.0512820512821 $img_width = (int) 160 $img_height = (float) 78include - APP/View/MagazineArticles/category.ctp, line 46 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
The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past . . . Read more »
The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the . . . Read more »
The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence . . . Read more »
At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up . . . Read more »
In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, . . . Read more »
Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been . . . Read more »
The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring . . . Read more »
In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. . . . Read more »
"A dream doesn't become reality through magic. It takes sweat, determination and hard . . . Read more »
Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. . . . Read more »
NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO . . . Read more »
In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for . . . Read more »
Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse . . . Read more »
Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector . . . Read more »
Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of . . . Read more »
With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking . . . Read more »
Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of . . . Read more »
Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and . . . Read more »
At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic . . . Read more »
Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the . . . Read more »
Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, . . . Read more »
The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over . . . Read more »
In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class . . . Read more »
Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt . . . Read more »
Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned . . . Read more »
Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and . . . Read more »
Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new . . . Read more »
Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on . . . Read more »
Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the . . . Read more »
The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor . . . Read more »
Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new . . . Read more »
Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) . . . Read more »
With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from . . . Read more »
HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on . . . Read more »
Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, . . . Read more »
. . . Read more »
With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. . . . Read more »
The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective . . . Read more »
Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable . . . Read more »
Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial . . . Read more »
For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne . . . Read more »
The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as . . . Read more »
CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in . . . Read more »
Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of . . . Read more »
In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. . . . Read more »
The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. . . . Read more »
Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by . . . Read more »
In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital . . . Read more »
Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in . . . Read more »
The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. . . . Read more »
The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. . . . Read more »
In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been . . . Read more »
To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial . . . Read more »
“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the . . . Read more »
Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. . . . Read more »
The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the . . . Read more »
Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an . . . Read more »
With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor . . . Read more »
After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. . . . Read more »
The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer . . . Read more »
"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." . . . Read more »
. . . Read more »
Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to . . . Read more »
Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate . . . Read more »
The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, . . . Read more »
Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional . . . Read more »
Notice (8): Undefined index: MagazineIssue [APP/View/MagazineArticles/category.ctp, line 86]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 500 $ratio = (float) 0.8 $img_width = (int) 160 $img_height = (float) 200include - APP/View/MagazineArticles/category.ctp, line 86 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/category.ctp, line 86]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 500 $ratio = (float) 0.8 $img_width = (int) 160 $img_height = (float) 200include - APP/View/MagazineArticles/category.ctp, line 86 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: MagazineIssue [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 254 $ratio = (float) 1.5748031496063 $img_width = (int) 160 $img_height = (float) 101.6include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 254 $ratio = (float) 1.5748031496063 $img_width = (int) 160 $img_height = (float) 101.6include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: MagazineIssue [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 111 $ratio = (float) 3.6036036036036 $img_width = (int) 160 $img_height = (float) 44.4include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 111 $ratio = (float) 3.6036036036036 $img_width = (int) 160 $img_height = (float) 44.4include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: MagazineIssue [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 204 $ratio = (float) 1.9607843137255 $img_width = (int) 160 $img_height = (float) 81.6include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category"><span class="label label-danger"><?php echo $this->Html->link($issue_title['MagazineIssue']['title'],$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '19' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4213', 'magazine_issue_id' => '1278', 'magazine_category_id' => '19', 'title' => 'Chandragiri Hills is More Than a Destination', 'image' => '20240111024736_2024-01-11 14.44.20.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4081', 'magazine_issue_id' => '1275', 'magazine_category_id' => '19', 'title' => 'Five Years of Shifting Transportation Paradigm', 'image' => '20231016105407_2023-10-16 10.53.00.jpg', 'short_content' => 'Pathao: Five Years of Shifting Transportation Paradigm', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '3934', 'magazine_issue_id' => '1270', 'magazine_category_id' => '19', 'title' => 'Celebrating Four Years of Resilience ', 'image' => '20230713034750_Exterior.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '3904', 'magazine_issue_id' => '1269', 'magazine_category_id' => '19', 'title' => 'Home Automation Nepal: Making Homes Smart', 'image' => '20230609112043_Untitled design.jpg', 'short_content' => 'Home Automation Nepal, founded by Keyur Krishna Shrestha in 2009, is a leading provider of smart home solutions in Nepal. The company aims to simplify people's lives through the integration of technology and offers a wide range of automation services for residential, corporate, and hospitality sectors. With a focus on affordability, user-friendliness, and scalability, Home Automation Nepal has completed numerous projects and gained recognition for its innovation and convenience. The company collaborates with partners to provide customized solutions and offers comprehensive support from planning to installation. Its solutions include security systems, lighting control, motorized shades, access control, energy management, and more. Home Automation Nepal serves a primarily elite customer base and aims to enhance living experiences while maximizing energy savings.', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '3881', 'magazine_issue_id' => '1267', 'magazine_category_id' => '19', 'title' => 'Fonepay: Making a Change', 'image' => '20230602034159_Diwassapkota_Fonepay_sunilsharma (7).JPG', 'short_content' => 'Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on market diversification and the development of trade-related infrastructure, aim to improve export performance. Nepal receives generous support from neighboring countries and the developed world in the form of tariff relaxations and preferential market access. Despite these efforts, the export-import ratio has been unimpressive, and Nepal faces challenges in achieving sustainable export growth. The country also has potential for import substitution in industries such as textiles, furniture, and electrical appliances. To boost domestic industries and achieve import substitution, a supportive investment environment and a protectionist approach in the domestic market are necessary. Reforms and measures to simplify procedures, reduce production costs, and enhance capacity are essential to accelerate export trade and address the challenges faced by Nepal. User Fonepay is boosting Nepal's digital economy with its online payment system. BY Priyanka Mandal Fonepay has taken over most of the payments in Nepal. Its QR code payment system is available in almost every sector, from small corner stores to large hospitals. Consumers in urban areas, in particular, prefer Fonepay over other payment methods due to its convenience, speed, and security. QR code payments eliminate the need for change and allow for immediate verification of transactions by both sender and receiver. As a result of Fonepay's widespread use, the use of other forms of payment like Visa and Master cards has declined, providing a significant boost to the national economy. There are differing opinions on what Fonepay actually is. Some people believe that all QR codes are Fonepay, while others consider Fonepay to be a digital wallet similar to eSewa and Khalti. However, these perceptions are not true. According to Fonepay's CEO, Diwas Sapkota, Fonepay is not a digital wallet or payment system, but rather a network that connects various parties involved in payments. Fonepay serves as an interface that enables interoperability between different e-payment systems such as eSewa and Khalti, as well as between e-payment systems and the banking system. Fonepay has established partnerships with over 60 partners, which covers almost 95% of total banks and wallet companies, providing extensive coverage in the majority of sectors. The company's business has grown significantly, but even it did not anticipate such tremendous success in a short amount of time. Three years ago, the company processed around 5,000 IBFT transactions per day, whereas now, it processes 250,000 transactions per day, indicating substantial growth in just three years. Similarly, QR code transactions have also increased, with around 280,000 transactions conducted each day, worth an estimated Rs 20 billion per month through 7,500,000 transactions. Other Fonepay services have also attracted an impressive number of users, resulting in a 20 times growth in just two years compared to the company's projected growth rate. The Covid-19 pandemic has played a significant role in Fonepay's success, with online and QR payments skyrocketing during the pandemic and continuing to grow even after restrictions were lifted. Fonepay has a merchant base of over 1.1 million and a customer base of over 1.7 million, with a growth rate this year that is two to three times higher than last year’s. According to CEO Sapkota, Fonepay did not expect to gain so many users so quickly, given people's tendency to rely heavily on cash transactions. Initially, Fonepay's projection for its merchant base was only 20,000 to 25,000 within a year and a half. The projection was made based on customers' interest and usage of cards over the last two decades. However, this projection proved to be inaccurate, as Fonepay experienced a 100% growth rate in just one year. In fact, the company achieved its projected growth rate in less than six months. According to Sapkota, Fonepay is focused on innovation and upgrading its existing products to better serve its users. "Our goal is to create new products and launch them to enhance user convenience. For example, we were the first to introduce QR technology in Nepal, even though it was already widely used in other countries. Additionally, we strive to improve our existing products based on user feedback and make them more inclusive for all users.,” he added. Fonepay still needs to work towards becoming more inclusive. A research study has revealed that Fonepay’s existing infrastructure and services do not cater to a certain segment of the population, making it difficult for them to use the services. One of the main issues with Fonepay is that it requires an internet connection to make payments, which is not accessible to a large portion of the Nepali population. As a result, users find it more convenient to use cash and card payments. To address this issue, Fonepay has introduced the concepts of NFC (Near Field Communication) and offline payments. With the application of these payment formats, customers will be able to make payments even in the absence of an internet connection. These payment systems are popular in European and American societies but have not yet gained popularity in the Asian region. NFC and offline payments are fast and convenient for both merchants and customers. In addition, these systems have the potential to open up wider scopes in the future. It is therefore essential to lay the foundation for these payments now. However, implementing NFC and offline payment systems requires a significant amount of investment. For instance, customers need to own an NFC-enabled phone, which costs a minimum of more than Rs 25,000. Additionally, merchants need to have a POS machine to receive payments, and the starting price for this equipment is around Rs 30,000. Since this payment system requires costly infrastructure at the individual level, its reach may not increase at the same rate as the online payment system did. Nevertheless, it can create opportunities for even better scopes in the future. Despite the challenges, Fonepay is currently the leader in the online payment sector, both in the overall market and the retail sector. Its dominance in QR payments is unmatched. It also has a significant market share in other segments such as IBFT and is targeting a 70% market share with strategic planning. Moreover, the use of international payment cards like Visa and Mastercard results in the outflow of funds from Nepal in the form of charges. The usage of Fonepay ensures that all of the money remains within the country. This makes Fonepay an attractive option from an economic perspective, with various institutions like BFIs realising its contribution to the national economy. In the past, using cards for payments was a compulsion, but Fonepay has successfully built an ecosystem where funds circulate and remain within the country. Presently, Fonepay stands at an equal footing with Visa card payments, and according to data from Nepal Rastra Bank, the amount that Nepal used to pay to foreign countries for using international cards has already been reduced by half. In terms of government facilitation, Sapkota said the government's attitude towards the concept of online payments is indifferent. The government is least bothered in this ecosystem, he added. Currently, there are no government initiatives to encourage the growth of the online payment ecosystem. However, the government is not hindering its progress and is indirectly helping the ecosystem thrive. One major contribution by the government is the inclusion of the online payment system in the government sector. The government's initiatives to promote digitisation and e-governance have indirectly impacted the online payment ecosystem, enabling it to flourish further. Sapkota acknowledges the significant and encouraging support provided by Nepal Rastra Bank from the inception of Fonepay. “We know where to go. We expect the government’s facilitation on certain things like identity management. Government should help open up an ecosystem to make it more impactful and reliable,” he said, adding: “Furthermore, in cases of fraud we do not have a tracking system to locate the culprit. The government should facilitate such a system as it is not possible to do it alone.” As Fonepay has become a major player in the domestic market, the company is now working on various plans to provide even better and more advanced products to its customers. Its next goal is to improve the remittance industry with more customer-friendly options. Since remittance plays a critical role in the economy, Fonepay is aiming to make it smoother and more efficient, which will ultimately benefit the economy as a whole. Additionally, Fonepay is planning to introduce the use of cards for offline payments as one of its upcoming new products. However, rather than just introducing new products, Fonepay is also aiming to provide an interface like the sandbox to other players such as BFIs and online payment systems, which will help them advance their business and bring innovation to the country while also benefiting the economy. give me keywords for SEO with comma after each words and description of the passage along with the summary ChatGPT Keywords for SEO: Fonepay, online payment system QR code payments Digital wallet Interoperability Partnership with banks and wallet companies Growth in transactions Cashless payments Convenience, speed, and security NFC and offline payments Economic contribution Description of the passage: The passage highlights the success of Fonepay, an online payment system, in boosting Nepal's digital economy. Fonepay's QR code payment system is widely used across various sectors, offering convenience, speed, and security to consumers. The company acts as a network connecting different e-payment systems and the banking system, enabling interoperability. Fonepay has experienced significant growth in transaction volume, primarily driven by the increased adoption of QR code payments. The COVID-19 pandemic has further accelerated the use of Fonepay and other online payment methods. However, Fonepay still faces challenges in terms of inclusivity, as it requires an internet connection. To address this, Fonepay is exploring NFC and offline payments. The company's dominance in the online payment sector has resulted in a significant market share, contributing to the national economy and reducing the outflow of funds from Nepal. Summary: Fonepay, an online payment system in Nepal, has witnessed remarkable success, becoming the preferred payment method for consumers. Its QR code payment system is widely adopted, replacing traditional methods like cash and cards. Fonepay acts as a network connecting various e-payment systems and banks, facilitating interoperability. The company has experienced substantial growth in transactions, driven by the convenience and security of QR code payments. Despite challenges, such as the need for internet connectivity, Fonepay continues to dominate the online payment sector, contributing to Nepal's digital economy and reducing the outflow of funds. Efforts are being made to expand payment options through NFC and offline payments, aiming for a more inclusive ecosystem.', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '3792', 'magazine_issue_id' => '1264', 'magazine_category_id' => '19', 'title' => 'INA Center Launches New Limited Edition Clive Christian Perfumes', 'image' => '20230210092001_Clipboard49.jpg', 'short_content' => 'The limited-edition fragrances come in signature green bottles with silver ornamentation reminiscent of Crown Perfumery's antique Lavender Salts bottles. Every bottle features a crown symbolising Queen Victoria, the company's patron.', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '3752', 'magazine_issue_id' => '1262', 'magazine_category_id' => '19', 'title' => 'THE NEPAL DISTILLERIES : Expanding Portfolio', 'image' => '20230109085257_Clipboard20.jpg', 'short_content' => 'The company was started in 1959 with investment of an Indian party, thus becoming the first formal sector distillery of Nepal as well as the first instance of a Nepali liquor industry set up with foreign investment.', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '3726', 'magazine_issue_id' => '1261', 'magazine_category_id' => '19', 'title' => ' CLASSIC INDUSTRIES : The Pioneer of Bedding Products', 'image' => '20221211082054_Clipboard20.jpg', 'short_content' => 'Classic Industries Pvt Ltd has been producing bedding products for the past three decades. Established in 1990, the company is the leading producer of bedding products like mattress, cushions and comforters, cushions and pillows. ', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '3660', 'magazine_issue_id' => '1240', 'magazine_category_id' => '19', 'title' => 'NEPA RUDRAKSHA : Promoting the Natural Gems of Nepal', 'image' => '20221019090939_Clipboard04.jpg', 'short_content' => 'Rudrakshas, scientifically named as Elaeocarpus ganitrus, are prayer beads that are of great significance to Hindus, Buddhists, and Sikhs. The market for Rudraksha is high not only in Nepal but also in various parts of the world', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '3426', 'magazine_issue_id' => '1145', 'magazine_category_id' => '19', 'title' => 'LUCKY GROUP : Taking the Four-Decade-Long Legacy Forward', 'image' => '20220509072114_Clipboard131.jpg', 'short_content' => 'In its history of more than four decades, the Lucky Group achieved a major milestone in 2017 when one of its member companies brought a foreign direct investment of Rs 36 billion, becoming the first privately owned company to bring such a huge investment', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '3351', 'magazine_issue_id' => '1118', 'magazine_category_id' => '19', 'title' => 'Silk Group has been in Business for Five Years and is Still Growing', 'image' => '20220406112254_Clipboard42.jpg', 'short_content' => 'In its five years of operation, the Silk Group of companies has been looking for opportunities for business expansion. Turned into a conglomerate in 2016, the company started as a trading business and has established itself as a dominant logistic house in the Nepal-China trade', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '3285', 'magazine_issue_id' => '1087', 'magazine_category_id' => '19', 'title' => 'NMB Bank limited : Women in Leadership', 'image' => '20220313090005_Clipboard35.jpg', 'short_content' => 'A couple of months back, NMB Bank was awarded “Bank of the Year Asia 2021” by London-based The Banker Magazine, a publication of The Financial Times Group. This award is an annual recognition which is given to the best banks in each country ', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '3191', 'magazine_issue_id' => '1030', 'magazine_category_id' => '19', 'title' => 'DANUBE HOME NEPAL: One Stop Solution for Home Furnishings and Décor', 'image' => '20220108024115_pppp.jpg', 'short_content' => 'One of Nepal’s top real estate agencies has opened a one-stop solution for home décor that aims to provide high quality products at an affordable price.', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '3003', 'magazine_issue_id' => '1022', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical and Engineering Associates : 21 YEARS and GOING STRONG', 'image' => '20210501021353_Clipboard15.jpg', 'short_content' => 'In its 21 years of operation, Cosmic Electrical Engineering Associates has achieved many milestones working in the area of the electrification of the country. Established in 2000, the electric power system services company has received ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 certifications that speak of Cosmic’s service and compliance', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '2981', 'magazine_issue_id' => '1021', 'magazine_category_id' => '19', 'title' => 'DISH MEDIA NETWORK: GROWING STRONGER WITH TIME', 'image' => '20210330082034_Clipboard16.jpg', 'short_content' => 'The leading DTH service provider of Nepal has forayed into internet services and is moving ahead tackling the new challenges along its path.', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '2965', 'magazine_issue_id' => '1020', 'magazine_category_id' => '19', 'title' => 'CIVIL BANK : Striving for Banking Excellence', 'image' => '20210310102139_Clipboard06.jpg', 'short_content' => 'The past decade has been a momentous period for Civil Bank Limited. Going through several ups and downs, the commercial bank, which was established in 2010, has emerged as a stable banking entity as reflected by several indicators of its balance sheets.', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '2934', 'magazine_issue_id' => '1019', 'magazine_category_id' => '19', 'title' => 'MetLife Nepal: Two Decades of Excellence in Life Insurance Services', 'image' => '20210207094218_Clipboard22.jpg', 'short_content' => 'In recent years, the insurance sector in Nepal has seen a noticeable growth in terms of access to insurance and the number of insurers. However, foreign companies in the sector are few and far between. Among the few companies operating here is MetLife Nepal which has been providing a range of insurance services of international quality to its customers for the past 20 years.', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '2725', 'magazine_issue_id' => '1015', 'magazine_category_id' => '19', 'title' => 'ARUN III HYDROPOWER PROJECT : A Success Story in the Making', 'image' => '20200917093410_Clipboard22.jpg', 'short_content' => 'In the history of hydropower development in Nepal, the Arun III Hydropower Project is perhaps the project surrounded by most controversies. But after remaining in a shadow of uncertainty for nearly two decades, Arun III is now considered as a model of project development in the country where large and strategic projects are scarce. ', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '2603', 'magazine_issue_id' => '1010', 'magazine_category_id' => '19', 'title' => 'PROGRESSIVE FINANCE LIMITED : Striving for a Promising Future', 'image' => '20200418023507_Clipboard06.jpg', 'short_content' => 'Since its inception in 1996, Progressive Finance Limited has been through several turning points in its 24 years journey. After going through a tumultuous past, the company is now stable and strong with dedicated promoters and management who look forward to upgrading the financial institution as a development bank in the foreseeable future.', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '2576', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'WorldLink Communications : 25 Years of Connectivity Excellence', 'image' => '20200316110247_Clipboard34.jpg', 'short_content' => 'WorldLink Communications : 25 Years of Connectivity ExcellenceThe company has recently received an investment of Rs 1.35 billion from CDC Group, the UK government's development finance institution. WorldLink has channelled a part of the investment towards furthering its reach in rural areas. ', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '2577', 'magazine_issue_id' => '1009', 'magazine_category_id' => '19', 'title' => 'INFICARE : GLOBAL AMBITIONS OF A NEPALI FINTECH COMPANY', 'image' => '20200316111058_Clipboard31.jpg', 'short_content' => 'At a time when financial services industry all around the world are transforming their businesses with artificial intelligence (AI) and other technological innovations, agradual yet phenomenal shift is ongoing in Nepal since the last few years by eliminating the conventional ways of undertaking financial services and facilitating smart services progressively. ', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '2741', 'magazine_issue_id' => '1006', 'magazine_category_id' => '19', 'title' => 'Dish Media Network : Driven by Innovation and Quality Services', 'image' => '20201010015319_Clipboard04.jpg', 'short_content' => 'At a time when Nepali internet service providers (ISPs) are going into digital TV services, the country’s leading Direct-to-Home (DTH) and Fiber-to-the-Home (FTTH) service provider Dish Media Network Ltd, the company which owns DishHome and SIM TV, has been expanding into internet services as well. ', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '2775', 'magazine_issue_id' => '1005', 'magazine_category_id' => '19', 'title' => 'A Success Story Atop the Majestic Hill', 'image' => '20201013013430_Chandragiri_02.jpg', 'short_content' => 'Chandragiri, the southwestern part of the hills surrounding the Kathmandu Valley, which is known for its inherent religious and historic value, has now become one of the best tourist destinations in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '2543', 'magazine_issue_id' => '1007', 'magazine_category_id' => '19', 'title' => 'NEPAL BANK LIMITED : Towards Sustainability and Prosperity', 'image' => '20200226011701_Clipboard05.jpg', 'short_content' => 'The history Nepal Bank Limited, which spans over eight decades, tells a story about the rise, fall and rise again of the state-owned bank. The story is not only about revisiting the see-sawing past of the country’s first bank, but it is also about its modern outlook towards creating a smooth and sustainable future in its steady march towards a century of banking services. ', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '2898', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'Rastriya Banijya Bank : Towards a Better Future', 'image' => '20210116075823_Clipboard44.jpg', 'short_content' => 'The revival of Rastriya Banijya Bank Limited (RBBL) is nothing short of astounding. The wholly government-owned bank, which until 8-9 years ago was struggling to stand on its own feet, is now the highest profit earner among the banks in the country while also making noticeable progress in the area of corporate governance.', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '2900', 'magazine_issue_id' => '1003', 'magazine_category_id' => '19', 'title' => 'The Colourful Growth of Berger (J&N) Nepal', 'image' => '20210116080353_Clipboard42.jpg', 'short_content' => 'The Indian paints maker Berger Paints (India) Limited forayed into Nepal in 2000 with the acquisition of Jenson & Nicholson (Nepal), a subsidiary of Jenson & Nicholson (India) Limited, to commence Berger (J&N) Nepal. In its two decades of operation as a manufacturer of high-quality decorative paints, Berger (J&N) ', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '2880', 'magazine_issue_id' => '1001', 'magazine_category_id' => '19', 'title' => ' Nepal Life Insurance Company : Charting New Heights', 'image' => '20210115020941_Clipboard06.jpg', 'short_content' => 'At a time when insurance companies in Nepal are struggling to meet the new capital requirements set by the Insurance Board, Nepal Life Insurance Company (NepalLife) Limited has raised its paid-up capital to more than double the amount than required within the deadline.', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '2834', 'magazine_issue_id' => '1000', 'magazine_category_id' => '19', 'title' => 'Vivanta Kathmandu : Preserving the legacy of Taj in Nepal', 'image' => '20210112124950_1.jpg', 'short_content' => 'In the middle of the bustling city in Jhamsikhel, stands the 100-room Vivanta Kathmandu, a four-star property managed by Taj Hotels, a luxury hotel chain of India. A joint venture of CG Hospitality, the hospitality business wing of the Chaudhary Group and NE Group, this is the second hotel in Nepal under Taj brand after ', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '2500', 'magazine_issue_id' => '998', 'magazine_category_id' => '19', 'title' => 'Nepal Adarsha Nirman Company : Contributing to Nation Building', 'image' => '20190511084311_NANC Office Building-New-Grain_1.jpg', 'short_content' => 'Nepal Adarsha Nirman Company (NANC), one of the country’s oldest construction companies, has been contributing to national development since 1970. Over the almost past five years, NANC has been winning accolades for its expertise in and contribution to sustainable and technology-based civil construction projects, especially road construction, housing and urban development and structural retrofitting projects.', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '2430', 'magazine_issue_id' => '996', 'magazine_category_id' => '19', 'title' => 'Kedia Organisation : A Legacy of 110 Years', 'image' => '20190308065436_Clipboard01.jpg', 'short_content' => 'The year 2017 was remarkable in the over century-long history of Kedia Organisation, one of the largest business conglomerates of the country. In 2017, Kedia Organisation went through a restructuring to elevate its presence in diverse businesses which were being managed under the traditional family-based management system. ', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '2416', 'magazine_issue_id' => '995', 'magazine_category_id' => '19', 'title' => ' Mahalaxmi Bikas Bank Getting Stronger ', 'image' => '20190221010240_2.jpg', 'short_content' => 'In just one and a half year of its successful merger, Mahalaxmi Bikas Bank has become a major player in the development banking sector. ', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '2379', 'magazine_issue_id' => '993', 'magazine_category_id' => '19', 'title' => 'Kailash Trading Company A 44 Year Legacy in Electric Business', 'image' => '20190123044611_1.jpg', 'short_content' => '"A dream doesn't become reality through magic. It takes sweat, determination and hard work,"', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '2270', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'Millenia Global : MS Group’s New Milestone', 'image' => '20181004101120_Clipboard88.jpg', 'short_content' => 'Millenia Global, a young Nepali trading company, is moving forward and expanding its market portfolio by providing various branded goods to the Nepali consumers at sustainable and affordable prices. Retaining the legacy of MS Group, one of the leading business conglomerates of the country,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '2271', 'magazine_issue_id' => '990', 'magazine_category_id' => '19', 'title' => 'NMB Bank : Success after Success', 'image' => '20181004102421_Clipboard94.jpg', 'short_content' => 'NMB Bank has played a crucial role in materialising the project financing of Hongshi-Shivam Cement which is the largest project loan syndication in Nepal till date. According to the bank’s CEO Sunil KC, it became possible due to the project financing experiences of NMB Bank and its cordial relationship ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '2238', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Nepal Liquors : In High Spirits', 'image' => '20180909125257_Clipboard65.jpg', 'short_content' => 'In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for the acquisition of United Spirits Nepal Pvt Ltd (USNPL).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '2239', 'magazine_issue_id' => '989', 'magazine_category_id' => '19', 'title' => 'Garud Securities : Professional and Dedicated', 'image' => '20180909014234_Garud.jpg', 'short_content' => 'Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse security services - whole security solution and its records of several successful events in Nepal - has been able to influence public perception regarding the local brand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '2207', 'magazine_issue_id' => '988', 'magazine_category_id' => '19', 'title' => 'Kailash Helicopter Services : Spreading its Wings', 'image' => '20180809021837_Clipboard09.jpg', 'short_content' => 'Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector within a short span of its establishment. Though KHS was incorporated on Dec 6, 2017, it started commercial operation from March 23, 2018. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '2185', 'magazine_issue_id' => '987', 'magazine_category_id' => '19', 'title' => 'Prime Life Insurance : A Decade in the Making', 'image' => '20180705012002_Clipboard39.jpg', 'short_content' => 'Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of success for the life insurer in terms of business expansion, revitalization and organizational excellence.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '2158', 'magazine_issue_id' => '986', 'magazine_category_id' => '19', 'title' => 'Century Commercial Bank Growing : Bigger and Better', 'image' => '20180614105704_cf1.jpg', 'short_content' => 'With its mission statement of “Saral Banking…Sabaiko Lagi” (Easy Banking…For All), Century Commercial Bank Limited (CCBL) is actively engaged in increasing access to simplified banking services in Nepal for the last seven years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '2130', 'magazine_issue_id' => '985', 'magazine_category_id' => '19', 'title' => ' Warsteiner : Himalayan Waters German Taste', 'image' => '20180514021925_12.jpg', 'short_content' => 'Raj Brewery, a subsidiary of Jawalakhel Group of Industries (JGI), has started the commercial production of Warsteiner, a premium German beer brand, in Nepal. The production and bottling of Warsteiner beer, which is brewed using the German technology at a production facility', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '2075', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Neco Insurance : Broadening its Business Horizon', 'image' => '20180312091403_Clipboard49.jpg', 'short_content' => 'Established in 1994, Neco Insurance expects to become the most preferred general insurance company in Nepal. The company which is promoted by Rastriya Banijya Bank, Mahato Group, Vinayak Group and Fund Management Company Limited has not only undergone a major structural change in its capital structure and management,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '2076', 'magazine_issue_id' => '983', 'magazine_category_id' => '19', 'title' => 'Cosmic Electrical : Powering Nepal through Reliable Grid Development', 'image' => '20180312092432_Clipboard51.jpg', 'short_content' => 'At a time when Nepal is observing rapid progress in hydropower development, one 17 year old company has been helping the country in its drive to electrification. Established in 2000, Cosmic Electrical Engineering Associates has become a reputed name in the electric power system service business.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '2024', 'magazine_issue_id' => '981', 'magazine_category_id' => '19', 'title' => 'MV Dugar Group : A Legacy of Business Excellence', 'image' => '20180123113722_Clipboard44.jpg', 'short_content' => 'Continuing the legacy of 137 years of a family run business, MV Dugar Group in recent years has stepped into new areas of business. Among the priority sectors for the group is hydropower where the conglomerate is investing significant amounts of money.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '1961', 'magazine_issue_id' => '979', 'magazine_category_id' => '19', 'title' => 'NEEK: 25 Years of Success', 'image' => '20171108111404_Clipboard65.jpg', 'short_content' => 'Nepal Ekarat Engineering Company (NEEK) is a name which has become synonymous with the manufacturing of quality electrical transformers for the past 25 years. After receiving its license in 1991, NEEK officially commenced the commercial production of transformers from 1992.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '1940', 'magazine_issue_id' => '978', 'magazine_category_id' => '19', 'title' => 'Ravi Group of Companies : Three Decades in the Making', 'image' => '20171011113736_Clipboard52.jpg', 'short_content' => 'The business journey that started from a small grocery shop at Ghantaghar, Birgunj has come along a long way to become the Ravi Group of Companies with its leader facing a lot of ups and down over the course of three decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '1910', 'magazine_issue_id' => '977', 'magazine_category_id' => '19', 'title' => 'Mahalaxmi Bikas Bank : Starting an Impressive Journey', 'image' => '20170912022321_cf.jpg', 'short_content' => 'In a bid to become the largest development bank in Nepal, Mahalaxmi Bikas Bank merged Yeti Development Bank into it on July 2, 2017. Mahalaxmi Bikas Bank had started its journey as a B-class institution following the merger of Mahalaxmi Finance, Malika Vikas Bank', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '1819', 'magazine_issue_id' => '974', 'magazine_category_id' => '19', 'title' => 'Namaste Infotech : Reliable Integrated IT Services', 'image' => '20170615114750_Clipboard16.jpg', 'short_content' => 'Operating businesses without proper IT support has become unimaginable these days. Companies frequently encounter problems related to the external and internal factors that can significantly disrupt their daily operations in today’s world where speed, consistency', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '1790', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => 'G4S Nepal : A Commitment to Security', 'image' => '20170519034155_g.jpg', 'short_content' => 'Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned by G4S Public Limited Company (PLC), it has no Nepali shareholder so far. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '1791', 'magazine_issue_id' => '973', 'magazine_category_id' => '19', 'title' => ' BPC: A Pioneer in Nepal's Hydropower Development', 'image' => '20170519035514_b.jpg', 'short_content' => 'Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. BPC has a track record of pioneering', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '1757', 'magazine_issue_id' => '972', 'magazine_category_id' => '19', 'title' => 'Soothing Himalayan Flavours in Every Sip', 'image' => null, 'short_content' => 'Named after the initials of founder Ram Kumar Rathi’s name, Rakura tea recently received the Finest Food Safety and Quality Management certification in the field of food safety and quality from the Department of Food Technology & Quality Control (DFTQC). Hot on the heels of its new success', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '1728', 'magazine_issue_id' => '971', 'magazine_category_id' => '19', 'title' => 'NMB Bank : For Value-Based Banking', 'image' => '20170323024928_cf.jpg', 'short_content' => 'Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on March 7 to 9. GABV is an independent worldwide network of', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '1696', 'magazine_issue_id' => '970', 'magazine_category_id' => '19', 'title' => 'The Domestic Flavour', 'image' => '20170219010622_cf.jpg', 'short_content' => 'Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the taste of numerous Nepali and foreign customers over the years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '1684', 'magazine_issue_id' => '969', 'magazine_category_id' => '19', 'title' => 'VSDBL: Achieving New Heights', 'image' => '20170120024610_cf.jpg', 'short_content' => 'The second of September 2016 is regarded as a big day for the Nepali development banking sector. The day saw Vibor Development Bank and Society Development Bank start joint transactions as Vibor Society Development Bank Limited (VSDBL) to become the largest ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '1637', 'magazine_issue_id' => '967', 'magazine_category_id' => '19', 'title' => 'Siddhartha Group: Striving for Quality and Consumer Satisfaction', 'image' => '20161124042120_cf.jpg', 'short_content' => 'Despite the country’s struggling business environment, the Bhairahawa-based Siddhartha Group is looking to expand its businesses. A leading industrial conglomerate, the Group is introducing a new footwear brand within the next two or three months in the market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '1616', 'magazine_issue_id' => '966', 'magazine_category_id' => '19', 'title' => ' NCHL: Making Payments Efficient', 'image' => '20161017102119_cf5.JPG', 'short_content' => 'Promoted by Nepal Rastra Bank (NRB), commercial banks, development banks, finance companies and Smart Choice Technologies Pvt Ltd (SCT), Nepal Clearing House Ltd (NCHL) ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '1583', 'magazine_issue_id' => '965', 'magazine_category_id' => '19', 'title' => 'Rupakot Resort : Blending Nature, Luxury and Heritage', 'image' => '20160926034007_cf.jpg', 'short_content' => 'With breathtaking panoramic views of the Annapurna Himalaya range along with Rupa and Begnas lakes, Rupakot Resort is spectacularly located on a high ridge approximately an hour’s drive from Lakeside, Pokhara. Spread across 200 ropanis, the resort is surrounded by lush greenery which adds to the overall scenic beauty of the resort.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '1553', 'magazine_issue_id' => '964', 'magazine_category_id' => '19', 'title' => ' Api Power Company: Aiming High', 'image' => '20160829031340_f0.JPG', 'short_content' => 'HEP development has gotten bad press over the years. But one company is trying to change that by generating investor and public trust in the sector by completing projects on schedule.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '1526', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => 'Broadening the TV Experience ', 'image' => '20160729021857_c.jpg', 'short_content' => 'Transforming the way we watch TV, one Nepali internet service provider, Broadlink, recently launched its internet protocol (IP) based digital TV service- BroadTV. With the new digital service, subscribers can watch their favourite channels in full-HD on their TV sets or other devices including laptops, smartphones and tablet PCs. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '1527', 'magazine_issue_id' => '963', 'magazine_category_id' => '19', 'title' => ' Nepal Telecom : Going Strong', 'image' => '20160729025059_c3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '1507', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'Himal Refrigeration : Expanding Portfolio', 'image' => '20160620023114_cf.jpg', 'short_content' => 'With an ever increasing portfolio of brand names, one of Nepal’s top electrical appliance companies has been keeping people cool in offices and homes for the last 18 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '1509', 'magazine_issue_id' => '962', 'magazine_category_id' => '19', 'title' => 'CE Construction: Proven Resilience', 'image' => '20160620024840_NBA.jpg', 'short_content' => 'The earthquake proved that there are tremendous opportunities for companies like CE who believe in quality construction, timely completion of projects and cost effective works.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '1486', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Providing Reliable Remit Services', 'image' => '20160523011920_cf1.jpg', 'short_content' => 'Remittance is the key source of income for many Nepali households and it is also keeping the economy of the country afloat. City Express Money Transfer has been helping Nepalis with easy and reliable remittance services for the last eight years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '1487', 'magazine_issue_id' => '961', 'magazine_category_id' => '19', 'title' => 'Keyal Group : A Journey from Trading to Manufacturing', 'image' => '20160523012625_cf4.jpg', 'short_content' => 'Keyal Group is a Birgunj-based business and industrial house with more than a century of experience. A small textiles trading company named Gajananda Balmukunda was transformed into an industrial conglomerate a century later. According to the Group’s chairman Satya Narayan Keyal, it all started in the textile trade by his grandfather Gauri Shankar Keyal. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '1382', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'ITPF : Fitting the Perfect Pipe', 'image' => '20151229114110_cf5.jpg', 'short_content' => 'For years people have been using standard cast iron pipes along with GI pipes for transferring water but such pipes are prone to rusting and corrosion which may lead to many water-borne diseases.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '1383', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'BUDBL: Understanding Customer Needs ', 'image' => '20151229114738_cf3.jpg', 'short_content' => 'The bank has earned two distinct identities that differentiate BUDBL from other national level development banks. First, customer satisfaction has become not only a business model but a passion as well, for which BUDBL has carefully created a team of staff that specialises in understanding the needs of each individual customer.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '1384', 'magazine_issue_id' => '956', 'magazine_category_id' => '19', 'title' => 'CG’s LG: Innovations Making Customers Smile', 'image' => '20151229115544_cf.jpg', 'short_content' => 'CG’s association with LG Electronics has spanned more than 25 years and the LG brand has enjoyed an upward growth trend of 25-30 percent per year over the past five years in Nepal.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '1333', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'TBC: Bringing British Education to Nepal', 'image' => '20151011020816_cf.jpg', 'short_content' => 'Located at Thapathali’s Trdae Tower, The British College (TBC) was established in 2012 to give students in Nepal a taste of what education in the UK is like as well as to address the lack of skilled manpower in the country. The selling point was also an obvious choice, since education is fundamental to any country’s development.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '1347', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'NB Bank : Aiming for the Top Five', 'image' => '20151012023937_cf10.jpg', 'short_content' => 'In business for over 21 years, NB Bank’s main objective is to provide banking services to weak sections of society and this is reflected in the bank’s motto, ‘The bank for everyone’. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '1348', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Airport Hotel : For the Luxury of Flyers ', 'image' => '20151012024948_cf7.jpg', 'short_content' => 'The Airport Hotel, a relatively new luxury hotel opened in 2011, has grown out of the unique need to cater to air passengers and crew. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '1349', 'magazine_issue_id' => '954', 'magazine_category_id' => '19', 'title' => 'Kansai Nerolac’s Festive Cheer', 'image' => '20151012025548_cf4.jpg', 'short_content' => 'Access to the latest technology from Japan has enabled Kansai Nerolac Paints Nepal to be one of the first paint companies in the country to address the health and environment hazards caused by paints, thus churning out eco-friendly products. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '1303', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Citizens Bank Expanding Commercial Bases ', 'image' => '20150921032935_cf.jpg', 'short_content' => 'In a sure-footed move to expand its commercial base, Citizens Bank International Limited (CBIL), one of Nepal’s leading Class ‘A’ commercial banks, recently joined forces with National Capital and Investment Market to take up merchant banking. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '1305', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'Dish Home:Putting Innovation First', 'image' => '20150922031155_cf3.jpg', 'short_content' => 'Dish Home has now covered 30% of the pay TV market with 40 percent of subscribers in rural areas, 40 percent in sub-urban areas and 20 percent in urban.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '1306', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'NLG: A Stable Force to be Reckoned With', 'image' => '20150922033340_cf6.jpg', 'short_content' => 'The turning point for the company, in the real sense, came in 2008-9 when professional managers began to oversee operations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '1307', 'magazine_issue_id' => '953', 'magazine_category_id' => '19', 'title' => 'How Islington College Teaches Management', 'image' => '20150922034756_cf10.jpg', 'short_content' => 'The growth of Islington college is a remarkable one. With just six students in 2003, it now has 1200 and is one of Nepal’s leading business and IT colleges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '1262', 'magazine_issue_id' => '952', 'magazine_category_id' => '19', 'title' => '“The key strength of Everest Bank has always been quality customer service”', 'image' => '20150816020909_cf.jpg', 'short_content' => 'In a move to expand its business and client base, Everest Bank, one ofthe country's top commercial banks, recently issued debentures worth Rs 600 million. According to the bank the move has been met with wide approval and popularity with demand exceeding expectations. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '1248', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'NMB: Banking on Merger & Growth', 'image' => '20150811023459_cf(8).jpg', 'short_content' => 'To emerge as a stronger player in the domestic financial market, NMB Bank is poised to conclude a four-year-long process that will merge into it three other banks and financial institutions.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '1249', 'magazine_issue_id' => '928', 'magazine_category_id' => '19', 'title' => 'Nepal Life Settling Earthquake Claims Pro-actively', 'image' => null, 'short_content' => '“Now more than ever, insurance companies need to be especially proactive when settling claims,” Vivek Jha, chief executive officer of Nepal Life Insurance Company (NEPAL LIFE), says, “This is the right time for insurance companies to earn the trust of the people.”', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '1170', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'Danish IT-company Creates Jobs for Young Nepalis', 'image' => null, 'short_content' => 'Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '1171', 'magazine_issue_id' => '863', 'magazine_category_id' => '19', 'title' => 'MetLife:A Brand New Start', 'image' => null, 'short_content' => 'The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '1143', 'magazine_issue_id' => '839', 'magazine_category_id' => '19', 'title' => 'One to Watch:Helping Companies Grow', 'image' => null, 'short_content' => 'Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an impact.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '1114', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Bio Tech Spirits:Healthier Drinking Option', 'image' => null, 'short_content' => 'With an advertising tagline: “Do not drink if you can, drink bio if you must,” Bio Tech Spirits is promoting its two liquor products in Nepal: Bio Vodka and Bio Whisky. With the unique formula of herbs and alcohol in a drink, Bio Tech has been creating a buzz in the liquor market.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '1115', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'Nepal Pharmaceuticals:Going International', 'image' => null, 'short_content' => 'After more than two decades of establishment, Nepal Pharmaceuticals Lab Pvt Ltd (NPL) has succeeded in establishing itself as a trusted brand in Nepal’s pharmaceutical sector of which it holds a huge share. Following its success in the national front, the Pharmaceuticals is expanding its presence in international markets. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '1116', 'magazine_issue_id' => '811', 'magazine_category_id' => '19', 'title' => 'The Downfall of UTL', 'image' => null, 'short_content' => 'The causes of UTL's current ordeals are said to be its inability to judge and adapt to the current market and customer demand.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '1061', 'magazine_issue_id' => '783', 'magazine_category_id' => '19', 'title' => 'Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development', 'image' => null, 'short_content' => '"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '1020', 'magazine_issue_id' => '756', 'magazine_category_id' => '19', 'title' => '‘‘We look forward to NTA’s response to our expansion plan’’', 'image' => null, 'short_content' => '', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '998', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Classic Developers: Apartments from Diamond House', 'image' => null, 'short_content' => 'Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to complete.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '1000', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Prabhu Bank: Expanding for Good', 'image' => null, 'short_content' => 'Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate culture.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '1001', 'magazine_issue_id' => '730', 'magazine_category_id' => '19', 'title' => 'Exploring Ecotourism', 'image' => null, 'short_content' => 'The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '917', 'magazine_issue_id' => '678', 'magazine_category_id' => '19', 'title' => 'Yak & Yeti: A Five-Star for All', 'image' => null, 'short_content' => 'Philippe Belhay is the recently appointed general manager of Hotel Yak and Yeti, a five star hotel well known for its exotic history and luxury services. Since his appointment to the post three months back, Belhay has been planning and putting all his professional skills', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '949', 'magazine_issue_id' => '704', 'magazine_category_id' => '19', 'title' => 'Nepal Life Insurance: Splitting Shares to Grow', 'image' => null, 'short_content' => 'Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '1409', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Kantipur Valley College : A Launch Pad to Success', 'image' => '20160125023816_cf3.jpg', 'short_content' => 'Back in 1981 just another non-descript school was established in Kathmandu, in a capital city full of schools. But it all changed in 2002 when the school changed into a higher education institution becoming Kantipur Valley College (KVC). And for the past 13 years it has been providing high quality education in management in graduate and undergraduate levels. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '1410', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'Ngadi: Lighting Up Homes', 'image' => '20160125024719_cf7.jpg', 'short_content' => 'Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial hurdles and for the smooth operation of the projects. At present, the company has two projects-one is Siuri Khola and another called Super Nyadi Hydropower. Suiri project is already generating and selling electricity while for Super Nyadi, the company has received survey license and feasibility study is going on.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '19', 'title' => 'Corporate Focus', 'sortorder' => '530', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2013-04-01 00:00:00' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1411', 'magazine_issue_id' => '957', 'magazine_category_id' => '19', 'title' => 'SDBL eMerging into the Future', 'image' => '20160125025330_cf.jpg', 'short_content' => 'In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal Awas Finance as per the NRB directive for increasing the paid-up capital. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 204 $ratio = (float) 1.9607843137255 $img_width = (int) 160 $img_height = (float) 81.6include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $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/MagazineArticles/category.ctp, line 117 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $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/MagazineArticles/category.ctp, line 117 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $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/MagazineArticles/category.ctp, line 117 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $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/MagazineArticles/category.ctp, line 117 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
