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 = '31'
$magazineArticles = array(
(int) 0 => array(
'MagazineArticle' => array(
'id' => '4532',
'magazine_issue_id' => '1285',
'magazine_category_id' => '31',
'title' => 'E-commerce is Here to Stay',
'image' => '20240810094742_2024-08-10 21.47.30.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 1 => array(
'MagazineArticle' => array(
'id' => '4487',
'magazine_issue_id' => '1284',
'magazine_category_id' => '31',
'title' => 'Two Decades of WTO Membership',
'image' => '20240707120633_2024-07-07 12.06.22.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 2 => array(
'MagazineArticle' => array(
'id' => '4444',
'magazine_issue_id' => '1283',
'magazine_category_id' => '31',
'title' => 'Bridging the Insurance Gap',
'image' => '20240608104316_2024-06-08 22.42.57.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 3 => array(
'MagazineArticle' => array(
'id' => '4381',
'magazine_issue_id' => '1282',
'magazine_category_id' => '31',
'title' => 'Light at the End of the Tunnel',
'image' => '20240516083642_2024-05-16 08.32.44.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 4 => array(
'MagazineArticle' => array(
'id' => '4336',
'magazine_issue_id' => '1281',
'magazine_category_id' => '31',
'title' => 'Reshaping Nepal’s Investment Landscape',
'image' => '20240413070430_2024-04-13 19.04.16.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 5 => array(
'MagazineArticle' => array(
'id' => '4296',
'magazine_issue_id' => '1280',
'magazine_category_id' => '31',
'title' => 'Reforming Budget System',
'image' => '20240313040224_2403 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 6 => array(
'MagazineArticle' => array(
'id' => '4251',
'magazine_issue_id' => '1279',
'magazine_category_id' => '31',
'title' => 'Investment Summit and FDI Realities',
'image' => '20240211092402_2402 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 7 => array(
'MagazineArticle' => array(
'id' => '4201',
'magazine_issue_id' => '1278',
'magazine_category_id' => '31',
'title' => 'Fast-Track Road in the Slow Lane',
'image' => '20240106042827_2401 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 8 => array(
'MagazineArticle' => array(
'id' => '4155',
'magazine_issue_id' => '1277',
'magazine_category_id' => '31',
'title' => 'Delaying Tactics in Cannabis Legalisation',
'image' => '20231212023740_2312 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 9 => array(
'MagazineArticle' => array(
'id' => '4113',
'magazine_issue_id' => '1276',
'magazine_category_id' => '31',
'title' => 'Unshackling the Capital Market',
'image' => '20231117101624_2311 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 10 => array(
'MagazineArticle' => array(
'id' => '4070',
'magazine_issue_id' => '1275',
'magazine_category_id' => '31',
'title' => 'Harness the Potential of IDT',
'image' => '20231015115645_2310 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 11 => array(
'MagazineArticle' => array(
'id' => '4018',
'magazine_issue_id' => '1274',
'magazine_category_id' => '31',
'title' => 'Nurturing the Dream of Rule of Law',
'image' => '20230915023540_2309 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 12 => array(
'MagazineArticle' => array(
'id' => '3953',
'magazine_issue_id' => '1271',
'magazine_category_id' => '31',
'title' => 'Foreign Debt Trap',
'image' => '20230806125143_2308 - editorial_11zon.jpg',
'short_content' => 'Growing fears of Nepal falling into the foreign debt trap as outstanding foreign debt increases. The country's economy is in a recessionary phase, raising concerns about servicing the debt. Government urged to take immediate steps to analyze the situation and prioritize boosting the economy while managing foreign loans.',
'status' => true,
'publish_date' => null
)
),
(int) 13 => array(
'MagazineArticle' => array(
'id' => '3925',
'magazine_issue_id' => '1270',
'magazine_category_id' => '31',
'title' => 'E-Assessment of Tax Returns',
'image' => '20230713124510_2307- editorial.jpg',
'short_content' => 'The New Business Age magazine has been in operation for 21 years.
The magazine has covered the triumphs and turbulences of Nepal's politics and economy over the past 21 years.
The passage discusses the changes that have taken place in Nepal over the past 21 years.
The future of Nepal is in the hands of young, talented people with boundless energy.
The New Business Age magazine dedicates this issue to the young and dynamic generation who are the forerunners of change in Nepal.',
'status' => true,
'publish_date' => null
)
),
(int) 14 => array(
'MagazineArticle' => array(
'id' => '3905',
'magazine_issue_id' => '1269',
'magazine_category_id' => '31',
'title' => 'Retaining Workforce',
'image' => '20230609114325_2306- editorial.jpg',
'short_content' => 'The workforce retention problem in Nepal is a long-standing national issue, with an increasing number of young Nepalis leaving the country for education or employment abroad. Efforts to address the problem from both the public and private sectors have been unsuccessful. Even businesses implementing measures such as training, career development, and competitive salaries struggle to retain employees, who are often accepting foreign jobs to save money. This trend of people leaving the country affects various sectors and leads to a human resource problem, hindering economic growth. Government policies and neglect of crucial aspects of labor market management exacerbate the situation. The solution to this problem requires interventions from society and the government, considering multiple factors beyond employers' control.',
'status' => true,
'publish_date' => null
)
),
(int) 15 => array(
'MagazineArticle' => array(
'id' => '3869',
'magazine_issue_id' => '1267',
'magazine_category_id' => '31',
'title' => 'Bright Spots',
'image' => '20230524080706_bright-spot.jpg',
'short_content' => 'Despite numerous complaints about the state of the country's economy from various sec',
'status' => true,
'publish_date' => null
)
),
(int) 16 => array(
'MagazineArticle' => array(
'id' => '3847',
'magazine_issue_id' => '1266',
'magazine_category_id' => '31',
'title' => 'Tend to the Economy',
'image' => '20230415083617_Clipboard01.jpg',
'short_content' => 'As highlighted in the cover story of this issue of New Business Age (Pages 16-22), the Nepali economy is facing multiple challenges that require urgent attention. ',
'status' => true,
'publish_date' => null
)
),
(int) 17 => array(
'MagazineArticle' => array(
'id' => '3801',
'magazine_issue_id' => '1265',
'magazine_category_id' => '31',
'title' => 'Microfinancing Troubles',
'image' => '20230306023445_Clipboard06.jpg',
'short_content' => 'A campaign of sorts has begun against microfinance businesses. A group of people are claiming that microfinance companies are using intimidating practices in loan collection.',
'status' => true,
'publish_date' => null
)
),
(int) 18 => array(
'MagazineArticle' => array(
'id' => '3775',
'magazine_issue_id' => '1264',
'magazine_category_id' => '31',
'title' => 'Fear of White Elephants',
'image' => '20230210072239_Clipboard01.jpg',
'short_content' => 'The Nepal government is notorious for keeping white elephants which incur large ownership costs but do not generate revenue. Unfortunately, the government seems unable to form any idea how and when the country will start getting returns out of them. ',
'status' => true,
'publish_date' => null
)
),
(int) 19 => array(
'MagazineArticle' => array(
'id' => '3745',
'magazine_issue_id' => '1262',
'magazine_category_id' => '31',
'title' => 'Time for Early Review of Govt Budget',
'image' => '20230108052120_Clipboard15.jpg',
'short_content' => 'While the country’s banking system data indicates that the sector is coming out of the quagmire it was in due to the lack of loanable funds, the government statistics on finance are ringing alarm bells. ',
'status' => true,
'publish_date' => null
)
),
(int) 20 => array(
'MagazineArticle' => array(
'id' => '3720',
'magazine_issue_id' => '1261',
'magazine_category_id' => '31',
'title' => 'Holistic Analysis Needed',
'image' => '20221211125509_Clipboard01.jpg',
'short_content' => 'The general elections are over, and the private sector is likely to resume its protest against the banks and financial institutions demanding a reduction in interest rates.',
'status' => true,
'publish_date' => null
)
),
(int) 21 => array(
'MagazineArticle' => array(
'id' => '3694',
'magazine_issue_id' => '1258',
'magazine_category_id' => '31',
'title' => 'Bumpy Road Ahead',
'image' => '20221114074444_Clipboard09.jpg',
'short_content' => 'The Election Commission is holding elections for the House of Representatives and seven province assemblies on November 20. This means the country will get a new government at the centre as well new government in the provinces by November end. ',
'status' => true,
'publish_date' => null
)
),
(int) 22 => array(
'MagazineArticle' => array(
'id' => '3650',
'magazine_issue_id' => '1240',
'magazine_category_id' => '31',
'title' => 'Property Rights Wronged',
'image' => '20221017071627_Clipboard01.jpg',
'short_content' => 'Safeguarding property rights of citizens is fundamental requirement for economic prosperity under the free market system. One of the reasons for the economic backwardness of Nepal is the failure to protect such rights.',
'status' => true,
'publish_date' => null
)
),
(int) 23 => array(
'MagazineArticle' => array(
'id' => '3625',
'magazine_issue_id' => '1239',
'magazine_category_id' => '31',
'title' => 'Rate Hikes Not the Right Answer',
'image' => '20220912120705_Clipboard01.jpg',
'short_content' => 'Interest rates are on a rising trend. Looking at the economic indicators, there is a very less chance of interest rates slowing down anytime soon. Through the monetary policy for the current fiscal year 2022/23, Maha Prasad Adhikari, Governor of Nepal Rastra Bank (NRB), announced that the central bank was raising its policy rates. ',
'status' => true,
'publish_date' => null
)
),
(int) 24 => array(
'MagazineArticle' => array(
'id' => '3587',
'magazine_issue_id' => '1232',
'magazine_category_id' => '31',
'title' => 'Review Petroleum Taxes',
'image' => '20220808120709_Clipboard01.jpg',
'short_content' => 'Rising losses mainly due to the upsurge in global oil prices following the Russian invasion of Ukraine has set off the alarm bells for Nepal. The state-owned Nepal Oil Corporation (NOC), which enjoys a monopoly on the supply of petroleum products ',
'status' => true,
'publish_date' => null
)
),
(int) 25 => array(
'MagazineArticle' => array(
'id' => '3540',
'magazine_issue_id' => '1217',
'magazine_category_id' => '31',
'title' => 'Concerted Efforts Needed to Bring More Tourists',
'image' => '20220704014522_Clipboard06.jpg',
'short_content' => 'The global tourism industry seems to be returning to a semblance of normalcy after a lull of two years due to the COVID-19 pandemic. ',
'status' => true,
'publish_date' => null
)
),
(int) 26 => array(
'MagazineArticle' => array(
'id' => '3470',
'magazine_issue_id' => '1174',
'magazine_category_id' => '31',
'title' => 'Act Now to Solve Electricity Woes',
'image' => '20220607102029_Clipboard01.jpg',
'short_content' => 'When electricity supply returned to normalcy after years of load-shedding, people were naturally euphoric. But they had no idea what made the uninterrupted power supply possible. ',
'status' => true,
'publish_date' => null
)
),
(int) 27 => array(
'MagazineArticle' => array(
'id' => '3395',
'magazine_issue_id' => '1145',
'magazine_category_id' => '31',
'title' => 'Those Incredible Years',
'image' => '20220509023423_Clipboard01.jpg',
'short_content' => 'When the May edition of New Business Age hits newsstands, it will have completed its 21st year of operation - four years short of Silver Jubilee. The journey that we have made in these years is incredible in many ways. ',
'status' => true,
'publish_date' => null
)
),
(int) 28 => array(
'MagazineArticle' => array(
'id' => '3335',
'magazine_issue_id' => '1118',
'magazine_category_id' => '31',
'title' => 'Bring Back People of Nepali Origin',
'image' => '20220406100809_Clipboard01.jpg',
'short_content' => 'Last year the Government of Nepal and the World Bank signed a $60 million financing agreement for the Nurturing Excellence in Higher Education Program to improve the quality of Nepal’s higher education, scale-up online learning, and expand access to academic institutions for underprivileged and vulnerable students. ',
'status' => true,
'publish_date' => null
)
),
(int) 29 => array(
'MagazineArticle' => array(
'id' => '3276',
'magazine_issue_id' => '1087',
'magazine_category_id' => '31',
'title' => 'The High Cost of Keeping Airports Afloat',
'image' => '20220312063035_Clipboard01.jpg',
'short_content' => 'Over the last few years, improving the old airports and constructing new ones have become the part of the government’s national agenda. Many airports have been upgraded across the country without proper feasible studies. ',
'status' => true,
'publish_date' => null
)
),
(int) 30 => array(
'MagazineArticle' => array(
'id' => '3236',
'magazine_issue_id' => '1043',
'magazine_category_id' => '31',
'title' => 'Case for Cost Reduction',
'image' => '20220213084910_Clipboard01.jpg',
'short_content' => 'Government controls in various sectors of the economy have resulted in a continuous rise in the prices of essential goods and services. The irony of the situation is that it has benefited neither the consumers who expect prices to remain steady or come down',
'status' => true,
'publish_date' => null
)
),
(int) 31 => array(
'MagazineArticle' => array(
'id' => '3204',
'magazine_issue_id' => '1030',
'magazine_category_id' => '31',
'title' => 'Mergers for Bigger and Stronger Contractors',
'image' => '20220108033229_Clipboard01.jpg',
'short_content' => 'The overall performance of our contractors (construction companies) is so poor that it would be naive to believe that the country's ambition for development is possible from their existing capacity. ',
'status' => true,
'publish_date' => null
)
),
(int) 32 => array(
'MagazineArticle' => array(
'id' => '3177',
'magazine_issue_id' => '1029',
'magazine_category_id' => '31',
'title' => 'Populist payout',
'image' => '20211211090625_Clipboard01.jpg',
'short_content' => 'It has been over one and a half years since coronavirus broke out in Nepal. The government imposed prohibitory orders and lockdowns for months that not only restricted the movement of people but also halted economic activities across the country.',
'status' => true,
'publish_date' => null
)
),
(int) 33 => array(
'MagazineArticle' => array(
'id' => '3153',
'magazine_issue_id' => '1028',
'magazine_category_id' => '31',
'title' => 'Making Things Right in Power Supply',
'image' => '20211113085320_fd.jpg',
'short_content' => 'The Nepal Electricity Authority (NEA) is trying to sell electricity to Indian power companies stating that there is excess electricity in the country. On the other hand, many Nepali industries are being forced to use diesel generators as they haven't been supplied with electricity by the state-owned power utility ',
'status' => true,
'publish_date' => null
)
),
(int) 34 => array(
'MagazineArticle' => array(
'id' => '3129',
'magazine_issue_id' => '1027',
'magazine_category_id' => '31',
'title' => 'Investment without Source of Income',
'image' => '20211006093214_Clipboard01.jpg',
'short_content' => 'The new federal budget for FY2021/22 has sparked a big protest against its provision that says no question will be asked about the source of money that is invested in some specified infrastructure projects, such as hydropower, airports and tunnels. This is as per the demand of the private sector in general.',
'status' => true,
'publish_date' => null
)
),
(int) 35 => array(
'MagazineArticle' => array(
'id' => '3101',
'magazine_issue_id' => '1026',
'magazine_category_id' => '31',
'title' => 'Monetary Policy Implementation',
'image' => '20210905085210_00b.jpg',
'short_content' => 'Ending the confusion created by the change of government and the federal budget issued through an ordinance, Nepal Rastra Bank (NRB) unveiled the Monetary Policy for the current fiscal year on August 13, a little later than last year. ',
'status' => true,
'publish_date' => null
)
),
(int) 36 => array(
'MagazineArticle' => array(
'id' => '3078',
'magazine_issue_id' => '1025',
'magazine_category_id' => '31',
'title' => 'Business in a Mess',
'image' => '20210807052026_Clipboard01.jpg',
'short_content' => 'Yes, the word ‘mess” can best describe the environment in which the businesses are in right now. The dictionary defines a ‘mess’ as a situation that is very complicated or difficult to deal with, or a condition which is disordered, untidy, offensive, or unpleasant.',
'status' => true,
'publish_date' => null
)
),
(int) 37 => array(
'MagazineArticle' => array(
'id' => '3055',
'magazine_issue_id' => '1024',
'magazine_category_id' => '31',
'title' => 'Pinning Fresh Hopes on the Monetary Policy',
'image' => '20210630090756_Clipboard30.jpg',
'short_content' => 'Nepal Rastra Bank has started preparing the Monetary Policy for the next fiscal year amidst the financial devastation caused by the second wave of Covid-19 pandemic. Praise was heaped on the central bank in the current fiscal year ',
'status' => true,
'publish_date' => null
)
),
(int) 38 => array(
'MagazineArticle' => array(
'id' => '3035',
'magazine_issue_id' => '1023',
'magazine_category_id' => '31',
'title' => 'The Mega Merger',
'image' => '20210531024051_Clipboard20.jpg',
'short_content' => 'The proposed merger between Nepal Investment Bank and Himalayan Bank has attracted quite a lot of attention because of the size of two institutions. Nepal Investment Bank has Rs 27.5 billion in capital, including Rs 16.3 billion in paid-up capital. ',
'status' => true,
'publish_date' => null
)
),
(int) 39 => array(
'MagazineArticle' => array(
'id' => '3013',
'magazine_issue_id' => '1022',
'magazine_category_id' => '31',
'title' => 'More Stimulus Needed',
'image' => '20210501032907_Clipboard02.jpg',
'short_content' => 'Nepal’s worst fear has come true. The country is now in the grip of a second wave of Covid-19, a pandemic which has so far killed over three million people and infected close to 145 million globally. Everyone knew this was coming, but we failed to make preparations based on lessons learnt from the first wave.',
'status' => true,
'publish_date' => null
)
),
(int) 40 => array(
'MagazineArticle' => array(
'id' => '2991',
'magazine_issue_id' => '1021',
'magazine_category_id' => '31',
'title' => 'Commendable Initiative',
'image' => '20210330090013_Clipboard01.jpg',
'short_content' => 'The CNI’s campaign focuses on establishing over 1,000 additional enterprises, generating export income of $5 billion per annum, and raising the industrial sector’s contribution to the gross domestic product to 26 percent by 2030.',
'status' => true,
'publish_date' => null
)
),
(int) 41 => array(
'MagazineArticle' => array(
'id' => '2949',
'magazine_issue_id' => '1020',
'magazine_category_id' => '31',
'title' => 'Make QR Codes Interoperable',
'image' => '20210304124259_Clipboard01.jpg',
'short_content' => 'Nepal has long been trying to promote digital transactions to reduce the cost of printing paper money and, most importantly, to build a cashless economy, which not only traces money transfers but helps to curb corruption. ',
'status' => true,
'publish_date' => null
)
),
(int) 42 => array(
'MagazineArticle' => array(
'id' => '2925',
'magazine_issue_id' => '1019',
'magazine_category_id' => '31',
'title' => 'Sustaining the Bull Run',
'image' => '20210203104312_Clipboard16.jpg',
'short_content' => 'Nepal's stock market has been on a bull run since January last year. Nepal Stock Exchange (Nepse) index, which stood at 1182.31 points on January 5, 2020, surpassed the previous record of 1881.45 points on November 26, 2020 and has since been creating new records almost every other day. ',
'status' => true,
'publish_date' => null
)
),
(int) 43 => array(
'MagazineArticle' => array(
'id' => '2869',
'magazine_issue_id' => '1018',
'magazine_category_id' => '31',
'title' => 'Saving the Economy from Political Turmoil',
'image' => '20210114020702_Clipboard01.jpg',
'short_content' => 'The abrupt dissolution of the House of Representatives and announcement of mid-term elections has pushed the country into a state of deepening political uncertainty. While political parties and members of the civil society are opposing the move of the Prime Minister KP Sharma Oli a',
'status' => true,
'publish_date' => null
)
),
(int) 44 => array(
'MagazineArticle' => array(
'id' => '2818',
'magazine_issue_id' => '1017',
'magazine_category_id' => '31',
'title' => 'Construction Sector Woes and Economic Recovery',
'image' => '20201219035507_Clipboard01.jpg',
'short_content' => 'Over the past nine months, construction contractors have not been able to work as per their contract agreements with the government due to the severe disturbances created by the Covid-19 pandemic. ',
'status' => true,
'publish_date' => null
)
),
(int) 45 => array(
'MagazineArticle' => array(
'id' => '2785',
'magazine_issue_id' => '1016',
'magazine_category_id' => '31',
'title' => 'Reviving Tourism',
'image' => '20201105023255_Clipboard08.jpg',
'short_content' => 'The Nepal Tourism Board (NTB) has set up a taskforce with the view of finding ways to revive the tourism sector which has been hardest hit by the Covid-19 pandemic. It is a praiseworthy move in that NTB’s initiative, which has brought veteran tourism entrepreneurs',
'status' => true,
'publish_date' => null
)
),
(int) 46 => array(
'MagazineArticle' => array(
'id' => '2715',
'magazine_issue_id' => '1015',
'magazine_category_id' => '31',
'title' => 'Finding Alternatives to Save the Economy',
'image' => '20200917090730_Clipboard01.jpg',
'short_content' => 'The spike in coronavirus cases and the prohibitory orders issued by district administration offices in many districts paralysing over half the country has pushed the already crippled Nepali economy to the brink. Given the current situation, getting out from this slump will indeed be a herculean task.',
'status' => true,
'publish_date' => null
)
),
(int) 47 => array(
'MagazineArticle' => array(
'id' => '2684',
'magazine_issue_id' => '1014',
'magazine_category_id' => '31',
'title' => 'The Meaningfulness of the Monetary Policy',
'image' => '20200817012521_Clipboard01.jpg',
'short_content' => 'At a time when the government has failed to add any meaningful momentum to the country’s economy hard hit by the Covid-19 pandemic through the Federal Budget, the central bank has reignited the hopes of the private sector by announcing a slew of relief and rescue measures to help the crisis-stricken businesses through the Monetary Policy. ',
'status' => true,
'publish_date' => null
)
),
(int) 48 => array(
'MagazineArticle' => array(
'id' => '2667',
'magazine_issue_id' => '1013',
'magazine_category_id' => '31',
'title' => 'Mishandling of MCC Issues',
'image' => '20200720120649_Clipboard11.jpg',
'short_content' => 'After failing to get the Millennium Challenge Compact (MCC) ratified at parliament, the government has informed theUnited States that the agreement has been currently ‘put on hold’. It was, however, strange to see the government writing a missive to the donor country about its inability to get it through t',
'status' => true,
'publish_date' => null
)
),
(int) 49 => array(
'MagazineArticle' => array(
'id' => '2634',
'magazine_issue_id' => '1012',
'magazine_category_id' => '31',
'title' => 'Finding A Way Out of the Crisis',
'image' => '20200628092230_Clipboard01.jpg',
'short_content' => 'Two recent reports, published by the World Bank and International Labour Organization (ILO) separately, have clearly indicated the deepening economic crisis in Nepal due to the Covid-19 pandemic. The reports, related to Nepal’s economic growth and job market, have highlighted the urgent need for a major transformative policy.',
'status' => true,
'publish_date' => null
)
),
(int) 50 => array(
'MagazineArticle' => array(
'id' => '2610',
'magazine_issue_id' => '1011',
'magazine_category_id' => '31',
'title' => 'Budget Priorities and Preferences',
'image' => '20200511022320_Clipboard01.jpg',
'short_content' => 'The Federal Budget for the upcoming fiscal year is expected to be different from the past years as the budgetary priorities and programmes will be directed towards addressing the impact of COVID-19 on Nepal’s economy and jumpstarting the recovery process.',
'status' => true,
'publish_date' => null
)
),
(int) 51 => array(
'MagazineArticle' => array(
'id' => '2593',
'magazine_issue_id' => '1010',
'magazine_category_id' => '31',
'title' => 'Too Late, Too Little',
'image' => '20200412072030_Clipboard03.jpg',
'short_content' => 'In response to the economic damage inflicted by the coronavirus (COVID-19) pandemic, governments are announcing gigantic fiscal and monetary stimulus packages with a hope to limit the ongoing economic rampage and kick start the recovery process once the threat to the public health recedes. ',
'status' => true,
'publish_date' => null
)
),
(int) 52 => array(
'MagazineArticle' => array(
'id' => '2565',
'magazine_issue_id' => '1009',
'magazine_category_id' => '31',
'title' => 'A LOST OPPORTUNITY',
'image' => '20200307023843_Clipboard02.jpg',
'short_content' => 'While addressing the House of Representatives on February 14, Prime Minister KP Sharma Oli presented a rosy picture of his government’s performance. There was no specific reason or occasion for the Prime Minister to address the parliament, yet he did so in order to boast a list of government ‘achievements’.',
'status' => true,
'publish_date' => null
)
),
(int) 53 => array(
'MagazineArticle' => array(
'id' => '2556',
'magazine_issue_id' => '1006',
'magazine_category_id' => '31',
'title' => 'Making Visit Nepal 2020 a Success',
'image' => '20201009012940_Clipboard01.jpg',
'short_content' => 'Nepal starts the New Year with the launch of the Visit Nepal (VN) 2020 campaign. The government has set an ambitious target of hosting two million tourists during the campaign year. After Visit Nepal Year 1998 and Nepal Tourism Year 2011, this is the third mega campaign to promote the country's tourism. ',
'status' => true,
'publish_date' => null
)
),
(int) 54 => array(
'MagazineArticle' => array(
'id' => '2757',
'magazine_issue_id' => '1005',
'magazine_category_id' => '31',
'title' => 'Narrowing the Trust Deficit',
'image' => '20201011115304_Clipboard02.jpg',
'short_content' => 'Nepal has long held its image as a country where there is a high level of trust between the people, a factor which has helped to define the Himalayan nation in the global arena. However, this reputation of the country is being gradually eroded. ',
'status' => true,
'publish_date' => null
)
),
(int) 55 => array(
'MagazineArticle' => array(
'id' => '2526',
'magazine_issue_id' => '1007',
'magazine_category_id' => '31',
'title' => 'DEFENDING DEMOCRATIC RIGHTS',
'image' => '20200224054003_Clipboard02.jpg',
'short_content' => 'After getting clearance from the Parliamentary Development and Technology Committee, the controversial Information Technology Bill is now in the House of Representatives for deliberation. It is an irony that a proposed legislation, which has provisions to curtail the fundamental rights of citizens, has made its way through the House of Representatives without sufficient discussions inside and outside parliament.',
'status' => true,
'publish_date' => null
)
),
(int) 56 => array(
'MagazineArticle' => array(
'id' => '2905',
'magazine_issue_id' => '1003',
'magazine_category_id' => '31',
'title' => 'The Right Approach for Tax Net Expansion',
'image' => '20210116081553_Clipboard36.jpg',
'short_content' => 'In a bid to expand the tax net, the Ministry of Finance is considering levying a tax on the transfer of ancestral property though. Finance Minister Dr Yubaraj Khatiwada has said that this concept of inheritance tax is in its initial phase.',
'status' => true,
'publish_date' => null
)
),
(int) 57 => array(
'MagazineArticle' => array(
'id' => '2885',
'magazine_issue_id' => '1001',
'magazine_category_id' => '31',
'title' => 'Time to Deliver',
'image' => '20210115022634_Clipboard02.jpg',
'short_content' => 'The new fiscal year has commenced and the Prime Minister KP Sharma Oli led administration is still grappling with multiple issues that it committed to resolve during its formation one and a half years ago. ',
'status' => true,
'publish_date' => null
)
),
(int) 58 => array(
'MagazineArticle' => array(
'id' => '2831',
'magazine_issue_id' => '1000',
'magazine_category_id' => '31',
'title' => 'Construction Industry Woes',
'image' => '20210112122909_Clipboard01.jpg',
'short_content' => 'The government’s move to relax some harsh provisions quietly in the seventh amendment of the Public Procurement Regulations caught many by surprise. However, it is not difficult to understand that the government changed the provisions in response to the strong demand of private contractors who had protested ',
'status' => true,
'publish_date' => null
)
),
(int) 59 => array(
'MagazineArticle' => array(
'id' => '2518',
'magazine_issue_id' => '999',
'magazine_category_id' => '31',
'title' => 'Taking the Credit',
'image' => '20190605083713_Clipboard02.jpg',
'short_content' => 'The Central Bureau of Statistics (CBS) in late April forecasted the country’s economic growth rate at 6.81 percent for the current fiscal year. Though the growth rate falls short of the government’s ambitious target of eight percent, Nepal will achieve for the third consecutive year an economic growth rate of over six percent which is indeed encouraging. CBS has stated strong agricultural output as the major contributor to propel this growth. ',
'status' => true,
'publish_date' => null
)
),
(int) 60 => array(
'MagazineArticle' => array(
'id' => '2484',
'magazine_issue_id' => '998',
'magazine_category_id' => '31',
'title' => 'Removing the Bitterness from the Sugar Market',
'image' => '20190506071345_Clipboard01.jpg',
'short_content' => 'Prime Minister KP Sharma Oli has accused sugar mill owners of tricking him into imposing higher customs tariffs and quantitative restrictions on the import of sugar, and that their activities have caused a short supply leading to the hike in the price of sugar in the local market. ',
'status' => true,
'publish_date' => null
)
),
(int) 61 => array(
'MagazineArticle' => array(
'id' => '2461',
'magazine_issue_id' => '997',
'magazine_category_id' => '31',
'title' => 'A Wasted Effort',
'image' => '20190403121811_editor.jpg',
'short_content' => 'The National Planning Commission (NPC), the apex advisory body to formulate plans for the country’s development, has unveiled a roadmap to transform Nepal into a high-income economy in the next 25 years. In its 15th Five-Year Plan, NPC has aimed to increase the per capita income to USD 21,500 by 2043 maintaining a minimum average annual economic growth rate of 9.4 percent.',
'status' => true,
'publish_date' => null
)
),
(int) 62 => array(
'MagazineArticle' => array(
'id' => '2427',
'magazine_issue_id' => '996',
'magazine_category_id' => '31',
'title' => 'Investment Summit and Doubts',
'image' => '20190307120527_Clipboard24.jpg',
'short_content' => 'The government has sped up preparations for the forthcoming Nepal Investment Summit 2019 scheduled for March 29-30 in Kathmandu. Of course, summits like this can prove to be helpful for attracting FDI.',
'status' => true,
'publish_date' => null
)
),
(int) 63 => array(
'MagazineArticle' => array(
'id' => '2395',
'magazine_issue_id' => '995',
'magazine_category_id' => '31',
'title' => 'Policy of Haste',
'image' => '20190211113355_Clipboard23.jpg',
'short_content' => 'The latest volatility in the financial market prompted the government to form a high-level panel under the coordination of Nepal Rastra Bank’s deputy governor, which submitted its 58-points recommendation to the finance minister on December 20. ',
'status' => true,
'publish_date' => null
)
),
(int) 64 => array(
'MagazineArticle' => array(
'id' => '2352',
'magazine_issue_id' => '993',
'magazine_category_id' => '31',
'title' => 'Clarity in Social Security Scheme',
'image' => '20190106090244_Clipboard03.jpg',
'short_content' => 'It is becoming clearer that the objectives of the contribution-based Social Security Scheme, launched by the government amid a fanfare on November 28, will not be met. First, there is big confusion among the stakeholders, both the private sector employees and their employers, about the provisions of the scheme',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 65 => array(
'MagazineArticle' => array(
'id' => '2328',
'magazine_issue_id' => '992',
'magazine_category_id' => '31',
'title' => 'A Litmus Test',
'image' => '20181205072130_Clipboard17.jpg',
'short_content' => 'In late October, after the World Bank released the Doing Business 2019 report, Finance Minister Dr Yubaraj Khatiwada publicly asked the multilateral lender to revise its decision to lower Nepal’s position on the Ease of Doing Business Index.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 66 => array(
'MagazineArticle' => array(
'id' => '2288',
'magazine_issue_id' => '991',
'magazine_category_id' => '31',
'title' => 'Climate Change, Technology and Sustainable Development',
'image' => '20181104115834_Clipboard16.jpg',
'short_content' => 'Two opposing extreme viewpoints emerge when it comes to discourses on climate change and technology. Some people blame economic development and technology for the ongoing environmental degradation. The others state climate change as a ‘myth’ and ignore careful utilisation of the resources available on the planet.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 67 => array(
'MagazineArticle' => array(
'id' => '2258',
'magazine_issue_id' => '990',
'magazine_category_id' => '31',
'title' => 'Be on the Right Track',
'image' => '20181001115453_Clipboard08.jpg',
'short_content' => 'Eight months have elapsed since KP Sharma Oli assumed the prime ministerial post for the second time, after the Left Alliance won a two-thirds majority in the legislative elections held in November and December of 2017. The outright victory for the alliance of two major communist parties of the country',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 68 => array(
'MagazineArticle' => array(
'id' => '2225',
'magazine_issue_id' => '989',
'magazine_category_id' => '31',
'title' => 'Stay Together',
'image' => '20180906113752_Clipboard24.jpg',
'short_content' => 'At a time when the private sector needs to unite and protect its space in the free market, differences and political divisions have seeped into the sector's institutional composition, undermining collective interest.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 69 => array(
'MagazineArticle' => array(
'id' => '2196',
'magazine_issue_id' => '988',
'magazine_category_id' => '31',
'title' => 'Maintain Regulatory Independence',
'image' => '20180806015059_Clipboard32.jpg',
'short_content' => '',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 70 => array(
'MagazineArticle' => array(
'id' => '2166',
'magazine_issue_id' => '987',
'magazine_category_id' => '31',
'title' => 'Budgetary Misgivings',
'image' => '20180705102742_EDit.jpg',
'short_content' => 'Ostensibly to drive its agenda of prosperity, the federal government has increased the tax burden. In reality, the taxes have been increased to finance the inflated recurrent expenses, undermining the prospect of private sector growth. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 71 => array(
'MagazineArticle' => array(
'id' => '2136',
'magazine_issue_id' => '986',
'magazine_category_id' => '31',
'title' => 'BBIN MVA: How to make it Effective',
'image' => '20180610013032_Clipboard04.jpg',
'short_content' => 'In recent years, the term “connectivity’’ has become a buzzword, especially in South Asia. This is considered, and rightly so, as a very important means to boost economic transaction as well as people to people social relations across the countries.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 72 => array(
'MagazineArticle' => array(
'id' => '2105',
'magazine_issue_id' => '985',
'magazine_category_id' => '31',
'title' => ' Still Confused',
'image' => '20180511111315_Clipboard40.jpg',
'short_content' => 'More than four months have already passed since the election results were published giving a clear majority to the left coalition led by KP Oli as the future Prime Minister. And two months have passed since Oli took the oath of office. However, the country’s private sector is still in a state of confusion as the ruling coalition has failed to give policy clarity.fused',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 73 => array(
'MagazineArticle' => array(
'id' => '2081',
'magazine_issue_id' => '984',
'magazine_category_id' => '31',
'title' => 'Banks’ Stress Test ',
'image' => '20180402095437_Clipboard41.jpg',
'short_content' => 'Nepal’s banking sector is currently undergoing a stress test of its own kind. The struggle that the banks are facing to pass this test has led to peculiar other problems. Also, the regulator of this sector is undergoing similar stress test.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 74 => array(
'MagazineArticle' => array(
'id' => '2054',
'magazine_issue_id' => '983',
'magazine_category_id' => '31',
'title' => 'Nepal-India Power Barter',
'image' => '20180306114746_Clipboard59.jpg',
'short_content' => 'The Nepal India energy secretarial level Joint Steering Committee (JSC) meeting is expected to commence soon once the Nepal’s government takes a full shape. It is understood that one of the focal points of the meeting will be to conclude negotiations on exchange of electricity between the two countries',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 75 => array(
'MagazineArticle' => array(
'id' => '2025',
'magazine_issue_id' => '982',
'magazine_category_id' => '31',
'title' => 'Rethinking Export Incentive Scheme',
'image' => '20180205113518_Clipboard46.jpg',
'short_content' => 'Nepal’s trade deficit is ballooning each year due to sluggish exports and galloping imports. A decade and a half earlier, the exports were equivalent roughly to 18 percent of GDP. Now, this ratio has come down to about nine percent. Clearly, the Cash Incentive Scheme introduced in 2010-11 to promote export has failed miserably. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 76 => array(
'MagazineArticle' => array(
'id' => '1999',
'magazine_issue_id' => '981',
'magazine_category_id' => '31',
'title' => 'Wish for Policy Stability',
'image' => '20180108122102_Clipboard57.jpg',
'short_content' => 'The Nepali business community has welcomed the outcome of the general elections. It hopes the clear majority (almost two thirds) garnered by the coalition of the two communist parties, CPN-UML and CPN-Maoist Centre, will bring about political stability. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 77 => array(
'MagazineArticle' => array(
'id' => '1974',
'magazine_issue_id' => '980',
'magazine_category_id' => '31',
'title' => 'Business Law Reforms',
'image' => '20171210112308_Clipboard50.jpg',
'short_content' => 'The Nepali private sector has recently started a campaign to reform the entire gamut of business laws. Some laws need to be amalgamated with others, while some must be repealed outright. Some others need to be revised massively or marginally. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 78 => array(
'MagazineArticle' => array(
'id' => '1952',
'magazine_issue_id' => '979',
'magazine_category_id' => '31',
'title' => 'Thaler & Public Policy',
'image' => '20171106111934_Clipboard34.jpg',
'short_content' => 'Nudges are more important than nagging. That perhaps summarises the essence of the nudge theory for which Chicago University’s Professor Richard H Thaler was awarded this year’s Nobel Memorial Prize in Economics. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 79 => array(
'MagazineArticle' => array(
'id' => '1923',
'magazine_issue_id' => '978',
'magazine_category_id' => '31',
'title' => 'Regulatory Lacunae',
'image' => '20171004090734_Clipboard01.jpg',
'short_content' => 'Business problems in Nepal are mostly related to poor regulations. And better regulations themselves don’t yield results. What matters more is the competence of the regulatory body. From regulatory standpoint, the businesses in Nepal fall under three categories:',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 80 => array(
'MagazineArticle' => array(
'id' => '1891',
'magazine_issue_id' => '977',
'magazine_category_id' => '31',
'title' => 'Disaster Preparedness',
'image' => '20170906091137_Clipboard35.jpg',
'short_content' => 'Lots of discussions are taking place lecturing Nepali industries on disaster preparedness. The lecturing has become even more frequent since the earthquake of 2015. And a lot of improvements have already been made by the industries. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 81 => array(
'MagazineArticle' => array(
'id' => '1858',
'magazine_issue_id' => '976',
'magazine_category_id' => '31',
'title' => 'Unclear and Inward Looking',
'image' => '20170802085529_Clipboard05.jpg',
'short_content' => 'It is the responsibility of central banks the world over to give suggestions to the government regarding economic management, management of public debt and financial management. Preparing the monetary policy is the fundamental task to perform these duties. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 82 => array(
'MagazineArticle' => array(
'id' => '1828',
'magazine_issue_id' => '975',
'magazine_category_id' => '31',
'title' => 'Productive Sector Confusion',
'image' => '20170708013349_Clipboard15.jpg',
'short_content' => 'Nepal Rastra Bank’s continued focus on controlling bank lending to unproductive sectors has been causing disruptions across various areas of the Nepali economy. Till recently, such disturbances were only in areas that troubled the banks and businesses. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 83 => array(
'MagazineArticle' => array(
'id' => '1798',
'magazine_issue_id' => '974',
'magazine_category_id' => '31',
'title' => 'Nepal in OBOR',
'image' => '20170613090112_Clipboard02.jpg',
'short_content' => 'After Nepal joined the China-sponsored Belt and Road Initiative (BRI) by signing in May 2017 the framework agreement on what is known as One Belt One Road (OBOR), analysts of different shades and colour have started offering their respective opinions on the potential benefits',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 84 => array(
'MagazineArticle' => array(
'id' => '1776',
'magazine_issue_id' => '973',
'magazine_category_id' => '31',
'title' => 'CSR Tax',
'image' => '20170511114505_ed.jpg',
'short_content' => 'Even as the Ministry of Industry under Minister Nabindra Raj Joshi is gaining praise for the speed of some important policy reforms, one recent event, however, indicates otherwise. In a programme held in early April, the Minister put forth a proposal to collect in a government fund',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 85 => array(
'MagazineArticle' => array(
'id' => '1739',
'magazine_issue_id' => '972',
'magazine_category_id' => '31',
'title' => 'Amended Companies Act ',
'image' => '20170412014949_ed.jpg',
'short_content' => 'After a long wait, the Parliament has passed the First Amendment in the Companies Act 2063 which is a positive development. However, an analysis of what the government had originally proposed as the Bill and what the parliament added in the final version is worth making. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 86 => array(
'MagazineArticle' => array(
'id' => '1712',
'magazine_issue_id' => '971',
'magazine_category_id' => '31',
'title' => 'Missing the Real Problem',
'image' => '20170319101920_ed.jpg',
'short_content' => 'Both of the top regulators of the economy - Ministry of Finance and Nepal Rastra Bank – brought out the mid-term review of their respective policies and made some changes in the middle of February. Both hope these changes will solve the ongoing problems',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 87 => array(
'MagazineArticle' => array(
'id' => '1688',
'magazine_issue_id' => '970',
'magazine_category_id' => '31',
'title' => 'Dark Side of Ncell Tax',
'image' => '20170213031506_ed.jpg',
'short_content' => 'Should Ncell (Pvt) Ltd. pay the capital gains tax on the sale of its ownership by its earlier owner Telia Company to present owner Axiata? The answer differs depending on whom you ask. Obviously, the company says it need not.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 88 => array(
'MagazineArticle' => array(
'id' => '1666',
'magazine_issue_id' => '969',
'magazine_category_id' => '31',
'title' => 'Time to Unpeg',
'image' => '20170110011834_ed.jpg',
'short_content' => 'India’s decision to demonetize high denomination Indian currency notes has created a historic opportunity for Nepal to do away with the practice of pegging Nepali currency with that of India. The reluctance of the Indian authorities to accept the now demonetized Indian notes is in fact compelling Nepal to unpeg.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 89 => array(
'MagazineArticle' => array(
'id' => '1641',
'magazine_issue_id' => '968',
'magazine_category_id' => '31',
'title' => 'Taxpayer’s Dignity',
'image' => '20161211024326_ed.jpg',
'short_content' => 'Nepal observed its Fifth National Tax Day on November 16, with the slogan that translates to something like “Let’s Pay Tax and Feel Dignified to Help Achieve Our Aspirations for a Prosperous Nepal”. But activities have gone according to the spirit of that slogan. And the second part of the slogan goes against the basic principles of economics. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 90 => array(
'MagazineArticle' => array(
'id' => '1617',
'magazine_issue_id' => '967',
'magazine_category_id' => '31',
'title' => 'Case against CIAA',
'image' => '20161116024821_edit.jpg',
'short_content' => 'This is the time to say “Down with the CIAA”. This is not just a demand for the abolition of this anti-graft body. It is also the reason for such a demand. The entire Nepali economy as well as the entire institutional superstructure of democracy based on political parties are going “down with the CIAA”. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 91 => array(
'MagazineArticle' => array(
'id' => '1592',
'magazine_issue_id' => '966',
'magazine_category_id' => '31',
'title' => 'Restarting Govt Factories',
'image' => '20161006032525_ed.jpg',
'short_content' => 'In his work plan concerning industrial sector reform, the newly appointed Minister for Industries Rabindra Raj Joshi announced that the government owned industries that have been shut for several years will be reopened. The method that the government is adopting for this is dangerous for the country’s business environment. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 92 => array(
'MagazineArticle' => array(
'id' => '1559',
'magazine_issue_id' => '965',
'magazine_category_id' => '31',
'title' => 'Stalled FDI in Hydro',
'image' => '20160916031000_ed.jpg',
'short_content' => 'What will a rational homo Economicus do when spotting a Rs 1000 note lying on the pavement? He will not pick it up! Because, he thinks, that note is a fake. Had it been a real note, somebody else who might have happened to notice it earlier, would have already picked it up. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 93 => array(
'MagazineArticle' => array(
'id' => '1535',
'magazine_issue_id' => '964',
'magazine_category_id' => '31',
'title' => 'Business under Maoist-Congress',
'image' => '20160822030806_ed.jpg',
'short_content' => 'Nepal is getting the second government under the new Constitution. What difference will it make for the business and economy? A lot or not at all? It is tricky to answer the question. Because there are so many uncertainties.And this begins with the fate of the government budget for the current fiscal year that started on mid-July.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 94 => array(
'MagazineArticle' => array(
'id' => '1513',
'magazine_issue_id' => '963',
'magazine_category_id' => '31',
'title' => 'Brexit Blues in Nepal',
'image' => '20160712043226_Clipboard01.jpg',
'short_content' => 'Nepal too is likely to feel the effects of the UK’s decision to get out of the European Union, known as Brexit. But what kinds of effects exactly? Though a lot is being debated, we simply do not know, at least right now or even in the coming 3-6 months. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 95 => array(
'MagazineArticle' => array(
'id' => '1491',
'magazine_issue_id' => '962',
'magazine_category_id' => '31',
'title' => 'Let the Dreams Come True',
'image' => '20160614035523_ed.jpg',
'short_content' => 'Prime Minister KP Oli is criticised and even ridiculed for the myriad dreams he has been spreading about the country’s future. However, some have appreciated it because the leader has to stir optimism among the people about the future and Oli’s statements have achieved that.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 96 => array(
'MagazineArticle' => array(
'id' => '1471',
'magazine_issue_id' => '961',
'magazine_category_id' => '31',
'title' => 'Legal Hurdles to Investment',
'image' => '20160513034506_editor.jpg',
'short_content' => 'This year is going to be different in Nepal’s government budgeting. The Finance Minister will hopefully present the budget to the parliament on May 28 as stipulated in the new Constitution, instead of the previous practice of doing so just a few days before the new fiscal year starts in mid-July. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 97 => array(
'MagazineArticle' => array(
'id' => '1454',
'magazine_issue_id' => '960',
'magazine_category_id' => '31',
'title' => 'Chinese Connection',
'image' => '20160421101732_ed.jpg',
'short_content' => 'The recently concluded China visit of Prime Minister KP Oli received a lot of publicity both within Nepal and in India. The Nepali people were told that the visit was a resounding success. Some say it ‘ended Indian monopoly on Nepal’s transit trade’ and others point out that by agreeing to explore mineral fuels in Nepal, China has started to help Nepal end its dependence on India for such fuel.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 98 => array(
'MagazineArticle' => array(
'id' => '1435',
'magazine_issue_id' => '959',
'magazine_category_id' => '31',
'title' => 'Too Many Holidays',
'image' => null,
'short_content' => 'Since this is the year of implementation of the new constitution promulgated in September last year, a new beginning should also start by revising the list of public holidays. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 99 => array(
'MagazineArticle' => array(
'id' => '1413',
'magazine_issue_id' => '958',
'magazine_category_id' => '31',
'title' => 'Risk of Systemic Failure',
'image' => '20160215122318_fte.jpg',
'short_content' => 'The Nepali economy has now entered the danger zone where the risk is not just limited to the financial system. The entire economic system including the underlying assumptions held sacrosanct as principles and values are at high risk. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 100 => array(
'MagazineArticle' => array(
'id' => '1371',
'magazine_issue_id' => '956',
'magazine_category_id' => '31',
'title' => 'In The Slump ',
'image' => '20151216125539_ed.jpg',
'short_content' => 'The Nepali economy is already in an economic slump and it may take more than a year to get out of it. There’s no need to explain that, even if the ongoing blockade along the Nepal-India border (jointly put in place by agitating Madhesi parties with tacit support from the Indian government) is lifted today, the damage already caused to the economy is not likely to be compensated even after the end of the current fiscal year. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 101 => array(
'MagazineArticle' => array(
'id' => '1351',
'magazine_issue_id' => '955',
'magazine_category_id' => '31',
'title' => 'Opportunity to Deregulate Energy Market',
'image' => '20151115123516_ed.jpg',
'short_content' => 'Whether the prolonged Indian economic blockade against Nepal continues even beyond the Bihar elections and Nepal’s Tihar and Chhath festivals is still uncertain. However, this has given Nepal a unique opportunity to effectively implement the long overdue plan to deregulate the petroleum business and hand it over entirely to the private sector.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 102 => array(
'MagazineArticle' => array(
'id' => '1322',
'magazine_issue_id' => '954',
'magazine_category_id' => '31',
'title' => 'Welcoming the New Constitution',
'image' => '20151007125955_ed.jpg',
'short_content' => 'Nepal has finally got the much awaited New Constitution. And the business community has wholeheartedly welcomed it, as did a vast majority of the Nepali people. Though most of the region known as Terai-Madhes is reeling under violent protests against the New Statute and the business community',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 103 => array(
'MagazineArticle' => array(
'id' => '1288',
'magazine_issue_id' => '953',
'magazine_category_id' => '31',
'title' => 'Economics of Funding Political Parties',
'image' => '20150915024122_edit.jpg',
'short_content' => 'The Nepali private sector has missed a very important issue in the list of suggestions they presented recently to the political leadership to incorporate in the new constitution. This missed point is about the funding of political parties and their campaigns. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 104 => array(
'MagazineArticle' => array(
'id' => '1252',
'magazine_issue_id' => '952',
'magazine_category_id' => '31',
'title' => '100% Doubt on 6% Growth',
'image' => '20150813114301_e.jpg',
'short_content' => 'As a famous proverb goes, if wishes were horses, then beggars would ride. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 105 => array(
'MagazineArticle' => array(
'id' => '1201',
'magazine_issue_id' => '910',
'magazine_category_id' => '31',
'title' => 'Clear this Confusion',
'image' => null,
'short_content' => 'Nepal as a whole is trying to get back (on track) after getting knocked over by the massive 7.6 M Gorkha Earthquake and its subsequent aftershocks. Though the aftershocks are still continuing and causing problems, a more serious problem is that a lot of confusion still needs to be cleared up. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 106 => array(
'MagazineArticle' => array(
'id' => '1177',
'magazine_issue_id' => '889',
'magazine_category_id' => '31',
'title' => 'Allow Private Sector to Spend Development Budget',
'image' => null,
'short_content' => 'The spending capacity of the Government of Nepal is quite poor, to say the least. The government has been routinely allocating capital expenditure, also known as the development budget, every year. But it has routinely failed to spend the money. In the first nine months of the current fiscal year, the government has been able to spend only about 26 percent of the development budget. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 107 => array(
'MagazineArticle' => array(
'id' => '1147',
'magazine_issue_id' => '863',
'magazine_category_id' => '31',
'title' => 'NRB Gets the New Governor',
'image' => null,
'short_content' => 'Dr Chiranjibi Nepal, the new Governor of Nepal’s central bank, Nepal Rastra Bank (NRB), for next five years, has the twin responsibilities of clearing the mess created by his predecessor Dr Yubaraj Khatiwada and leading Nepal's financial sector to take it at par with its global peers.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 108 => array(
'MagazineArticle' => array(
'id' => '1119',
'magazine_issue_id' => '839',
'magazine_category_id' => '31',
'title' => 'Congested Cash Traffic',
'image' => null,
'short_content' => 'A recent investigative report named 'Swiss Leaks' by a group of international journalists also revealed the names of some Nepali nationals as having supposedly secretive bank accounts in HSBC-Switzerland. Some USD 45 million seems to be routed through some weird location called Virgin Islands, a tax haven and offshore financial hub though quite far away from Nepal. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 109 => array(
'MagazineArticle' => array(
'id' => '1084',
'magazine_issue_id' => '811',
'magazine_category_id' => '31',
'title' => 'A Welcome Initiative in Tourism',
'image' => null,
'short_content' => 'The Government of Nepal's recent announcement of a ten-year roadmap for tourism development is indeed a welcome endeavour. The National Tourism Strategic Plan 2015-2024 sets ambitious target of investing some sixty billion rupees from tax-payers money during this period to develop ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 110 => array(
'MagazineArticle' => array(
'id' => '1047',
'magazine_issue_id' => '783',
'magazine_category_id' => '31',
'title' => 'Having Trust on Anti-trust',
'image' => null,
'short_content' => 'One, supposedly highly learned, member of parliament in a recent public discussion declared, 'The menace of cartels and syndicates in the Nepali market are the result of adopting the free-market economy and giving everything to private ownership.' This sweeping remark exposes the superficiality ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 111 => array(
'MagazineArticle' => array(
'id' => '1012',
'magazine_issue_id' => '756',
'magazine_category_id' => '31',
'title' => 'A Matter of De-Materializing It',
'image' => null,
'short_content' => 'Nepal's share market index, Nepse is performing reasonably well since the formation of Nepali Congress led government. It is now hovering between 850 and 900 for sometimes now. Among many welcome developments, the plan to dematerialize (demat) the physical share c',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 112 => array(
'MagazineArticle' => array(
'id' => '974',
'magazine_issue_id' => '730',
'magazine_category_id' => '31',
'title' => 'Commendable Contract',
'image' => null,
'short_content' => 'Nepal has been successful in initiating important economic reforms, ahead at least of her South Asian peers. The process of economic liberalization began in 1984, eight years before India began its first generation of reforms. The financial sector reform too was undertaken ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 113 => array(
'MagazineArticle' => array(
'id' => '941',
'magazine_issue_id' => '704',
'magazine_category_id' => '31',
'title' => 'Auto Dream',
'image' => null,
'short_content' => 'Refusing to the demand of the automobile importers to reduce import duties on vehicles, Finance Minister Dr. Ram SharanMahathas promised them government support if they start vehicle manufacturing in the country. Given the increasing demand due to expansion in the road network ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 114 => array(
'MagazineArticle' => array(
'id' => '1393',
'magazine_issue_id' => '957',
'magazine_category_id' => '31',
'title' => 'TeliaSonera’s Exit ',
'image' => '20160112123354_ed.jpg',
'short_content' => 'TeliaSonera’s December deal to sell its shares in Ncell to Malaysia’s Axiata cannot be viewed in Nepal simply as a business decision by two companies. Some indications of the gravity of the situation were already there when the Scandinavian company had announced in September its plan to exit former Soviet Union countries as well as Nepal.',
'status' => true,
'publish_date' => '0000-00-00'
)
)
)
$magazineCategory = array(
'MagazineCategory' => array(
'id' => '31',
'title' => 'From the Editor',
'sortorder' => '31',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2013-05-01 00:00:00'
)
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '941',
'magazine_issue_id' => '704',
'magazine_category_id' => '31',
'title' => 'Auto Dream',
'image' => null,
'short_content' => 'Refusing to the demand of the automobile importers to reduce import duties on vehicles, Finance Minister Dr. Ram SharanMahathas promised them government support if they start vehicle manufacturing in the country. Given the increasing demand due to expansion in the road network ',
'status' => true,
'publish_date' => '0000-00-00'
)
)
$issue_title = array()
$width = (int) 400
$height = (int) 223
$ratio = (float) 1.7937219730942
$img_width = (int) 160
$img_height = (float) 89.2
include - 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 = '31'
$magazineArticles = array(
(int) 0 => array(
'MagazineArticle' => array(
'id' => '4532',
'magazine_issue_id' => '1285',
'magazine_category_id' => '31',
'title' => 'E-commerce is Here to Stay',
'image' => '20240810094742_2024-08-10 21.47.30.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 1 => array(
'MagazineArticle' => array(
'id' => '4487',
'magazine_issue_id' => '1284',
'magazine_category_id' => '31',
'title' => 'Two Decades of WTO Membership',
'image' => '20240707120633_2024-07-07 12.06.22.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 2 => array(
'MagazineArticle' => array(
'id' => '4444',
'magazine_issue_id' => '1283',
'magazine_category_id' => '31',
'title' => 'Bridging the Insurance Gap',
'image' => '20240608104316_2024-06-08 22.42.57.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 3 => array(
'MagazineArticle' => array(
'id' => '4381',
'magazine_issue_id' => '1282',
'magazine_category_id' => '31',
'title' => 'Light at the End of the Tunnel',
'image' => '20240516083642_2024-05-16 08.32.44.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 4 => array(
'MagazineArticle' => array(
'id' => '4336',
'magazine_issue_id' => '1281',
'magazine_category_id' => '31',
'title' => 'Reshaping Nepal’s Investment Landscape',
'image' => '20240413070430_2024-04-13 19.04.16.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 5 => array(
'MagazineArticle' => array(
'id' => '4296',
'magazine_issue_id' => '1280',
'magazine_category_id' => '31',
'title' => 'Reforming Budget System',
'image' => '20240313040224_2403 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 6 => array(
'MagazineArticle' => array(
'id' => '4251',
'magazine_issue_id' => '1279',
'magazine_category_id' => '31',
'title' => 'Investment Summit and FDI Realities',
'image' => '20240211092402_2402 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 7 => array(
'MagazineArticle' => array(
'id' => '4201',
'magazine_issue_id' => '1278',
'magazine_category_id' => '31',
'title' => 'Fast-Track Road in the Slow Lane',
'image' => '20240106042827_2401 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 8 => array(
'MagazineArticle' => array(
'id' => '4155',
'magazine_issue_id' => '1277',
'magazine_category_id' => '31',
'title' => 'Delaying Tactics in Cannabis Legalisation',
'image' => '20231212023740_2312 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 9 => array(
'MagazineArticle' => array(
'id' => '4113',
'magazine_issue_id' => '1276',
'magazine_category_id' => '31',
'title' => 'Unshackling the Capital Market',
'image' => '20231117101624_2311 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 10 => array(
'MagazineArticle' => array(
'id' => '4070',
'magazine_issue_id' => '1275',
'magazine_category_id' => '31',
'title' => 'Harness the Potential of IDT',
'image' => '20231015115645_2310 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 11 => array(
'MagazineArticle' => array(
'id' => '4018',
'magazine_issue_id' => '1274',
'magazine_category_id' => '31',
'title' => 'Nurturing the Dream of Rule of Law',
'image' => '20230915023540_2309 - editorial.jpg',
'short_content' => '',
'status' => true,
'publish_date' => null
)
),
(int) 12 => array(
'MagazineArticle' => array(
'id' => '3953',
'magazine_issue_id' => '1271',
'magazine_category_id' => '31',
'title' => 'Foreign Debt Trap',
'image' => '20230806125143_2308 - editorial_11zon.jpg',
'short_content' => 'Growing fears of Nepal falling into the foreign debt trap as outstanding foreign debt increases. The country's economy is in a recessionary phase, raising concerns about servicing the debt. Government urged to take immediate steps to analyze the situation and prioritize boosting the economy while managing foreign loans.',
'status' => true,
'publish_date' => null
)
),
(int) 13 => array(
'MagazineArticle' => array(
'id' => '3925',
'magazine_issue_id' => '1270',
'magazine_category_id' => '31',
'title' => 'E-Assessment of Tax Returns',
'image' => '20230713124510_2307- editorial.jpg',
'short_content' => 'The New Business Age magazine has been in operation for 21 years.
The magazine has covered the triumphs and turbulences of Nepal's politics and economy over the past 21 years.
The passage discusses the changes that have taken place in Nepal over the past 21 years.
The future of Nepal is in the hands of young, talented people with boundless energy.
The New Business Age magazine dedicates this issue to the young and dynamic generation who are the forerunners of change in Nepal.',
'status' => true,
'publish_date' => null
)
),
(int) 14 => array(
'MagazineArticle' => array(
'id' => '3905',
'magazine_issue_id' => '1269',
'magazine_category_id' => '31',
'title' => 'Retaining Workforce',
'image' => '20230609114325_2306- editorial.jpg',
'short_content' => 'The workforce retention problem in Nepal is a long-standing national issue, with an increasing number of young Nepalis leaving the country for education or employment abroad. Efforts to address the problem from both the public and private sectors have been unsuccessful. Even businesses implementing measures such as training, career development, and competitive salaries struggle to retain employees, who are often accepting foreign jobs to save money. This trend of people leaving the country affects various sectors and leads to a human resource problem, hindering economic growth. Government policies and neglect of crucial aspects of labor market management exacerbate the situation. The solution to this problem requires interventions from society and the government, considering multiple factors beyond employers' control.',
'status' => true,
'publish_date' => null
)
),
(int) 15 => array(
'MagazineArticle' => array(
'id' => '3869',
'magazine_issue_id' => '1267',
'magazine_category_id' => '31',
'title' => 'Bright Spots',
'image' => '20230524080706_bright-spot.jpg',
'short_content' => 'Despite numerous complaints about the state of the country's economy from various sec',
'status' => true,
'publish_date' => null
)
),
(int) 16 => array(
'MagazineArticle' => array(
'id' => '3847',
'magazine_issue_id' => '1266',
'magazine_category_id' => '31',
'title' => 'Tend to the Economy',
'image' => '20230415083617_Clipboard01.jpg',
'short_content' => 'As highlighted in the cover story of this issue of New Business Age (Pages 16-22), the Nepali economy is facing multiple challenges that require urgent attention. ',
'status' => true,
'publish_date' => null
)
),
(int) 17 => array(
'MagazineArticle' => array(
'id' => '3801',
'magazine_issue_id' => '1265',
'magazine_category_id' => '31',
'title' => 'Microfinancing Troubles',
'image' => '20230306023445_Clipboard06.jpg',
'short_content' => 'A campaign of sorts has begun against microfinance businesses. A group of people are claiming that microfinance companies are using intimidating practices in loan collection.',
'status' => true,
'publish_date' => null
)
),
(int) 18 => array(
'MagazineArticle' => array(
'id' => '3775',
'magazine_issue_id' => '1264',
'magazine_category_id' => '31',
'title' => 'Fear of White Elephants',
'image' => '20230210072239_Clipboard01.jpg',
'short_content' => 'The Nepal government is notorious for keeping white elephants which incur large ownership costs but do not generate revenue. Unfortunately, the government seems unable to form any idea how and when the country will start getting returns out of them. ',
'status' => true,
'publish_date' => null
)
),
(int) 19 => array(
'MagazineArticle' => array(
'id' => '3745',
'magazine_issue_id' => '1262',
'magazine_category_id' => '31',
'title' => 'Time for Early Review of Govt Budget',
'image' => '20230108052120_Clipboard15.jpg',
'short_content' => 'While the country’s banking system data indicates that the sector is coming out of the quagmire it was in due to the lack of loanable funds, the government statistics on finance are ringing alarm bells. ',
'status' => true,
'publish_date' => null
)
),
(int) 20 => array(
'MagazineArticle' => array(
'id' => '3720',
'magazine_issue_id' => '1261',
'magazine_category_id' => '31',
'title' => 'Holistic Analysis Needed',
'image' => '20221211125509_Clipboard01.jpg',
'short_content' => 'The general elections are over, and the private sector is likely to resume its protest against the banks and financial institutions demanding a reduction in interest rates.',
'status' => true,
'publish_date' => null
)
),
(int) 21 => array(
'MagazineArticle' => array(
'id' => '3694',
'magazine_issue_id' => '1258',
'magazine_category_id' => '31',
'title' => 'Bumpy Road Ahead',
'image' => '20221114074444_Clipboard09.jpg',
'short_content' => 'The Election Commission is holding elections for the House of Representatives and seven province assemblies on November 20. This means the country will get a new government at the centre as well new government in the provinces by November end. ',
'status' => true,
'publish_date' => null
)
),
(int) 22 => array(
'MagazineArticle' => array(
'id' => '3650',
'magazine_issue_id' => '1240',
'magazine_category_id' => '31',
'title' => 'Property Rights Wronged',
'image' => '20221017071627_Clipboard01.jpg',
'short_content' => 'Safeguarding property rights of citizens is fundamental requirement for economic prosperity under the free market system. One of the reasons for the economic backwardness of Nepal is the failure to protect such rights.',
'status' => true,
'publish_date' => null
)
),
(int) 23 => array(
'MagazineArticle' => array(
'id' => '3625',
'magazine_issue_id' => '1239',
'magazine_category_id' => '31',
'title' => 'Rate Hikes Not the Right Answer',
'image' => '20220912120705_Clipboard01.jpg',
'short_content' => 'Interest rates are on a rising trend. Looking at the economic indicators, there is a very less chance of interest rates slowing down anytime soon. Through the monetary policy for the current fiscal year 2022/23, Maha Prasad Adhikari, Governor of Nepal Rastra Bank (NRB), announced that the central bank was raising its policy rates. ',
'status' => true,
'publish_date' => null
)
),
(int) 24 => array(
'MagazineArticle' => array(
'id' => '3587',
'magazine_issue_id' => '1232',
'magazine_category_id' => '31',
'title' => 'Review Petroleum Taxes',
'image' => '20220808120709_Clipboard01.jpg',
'short_content' => 'Rising losses mainly due to the upsurge in global oil prices following the Russian invasion of Ukraine has set off the alarm bells for Nepal. The state-owned Nepal Oil Corporation (NOC), which enjoys a monopoly on the supply of petroleum products ',
'status' => true,
'publish_date' => null
)
),
(int) 25 => array(
'MagazineArticle' => array(
'id' => '3540',
'magazine_issue_id' => '1217',
'magazine_category_id' => '31',
'title' => 'Concerted Efforts Needed to Bring More Tourists',
'image' => '20220704014522_Clipboard06.jpg',
'short_content' => 'The global tourism industry seems to be returning to a semblance of normalcy after a lull of two years due to the COVID-19 pandemic. ',
'status' => true,
'publish_date' => null
)
),
(int) 26 => array(
'MagazineArticle' => array(
'id' => '3470',
'magazine_issue_id' => '1174',
'magazine_category_id' => '31',
'title' => 'Act Now to Solve Electricity Woes',
'image' => '20220607102029_Clipboard01.jpg',
'short_content' => 'When electricity supply returned to normalcy after years of load-shedding, people were naturally euphoric. But they had no idea what made the uninterrupted power supply possible. ',
'status' => true,
'publish_date' => null
)
),
(int) 27 => array(
'MagazineArticle' => array(
'id' => '3395',
'magazine_issue_id' => '1145',
'magazine_category_id' => '31',
'title' => 'Those Incredible Years',
'image' => '20220509023423_Clipboard01.jpg',
'short_content' => 'When the May edition of New Business Age hits newsstands, it will have completed its 21st year of operation - four years short of Silver Jubilee. The journey that we have made in these years is incredible in many ways. ',
'status' => true,
'publish_date' => null
)
),
(int) 28 => array(
'MagazineArticle' => array(
'id' => '3335',
'magazine_issue_id' => '1118',
'magazine_category_id' => '31',
'title' => 'Bring Back People of Nepali Origin',
'image' => '20220406100809_Clipboard01.jpg',
'short_content' => 'Last year the Government of Nepal and the World Bank signed a $60 million financing agreement for the Nurturing Excellence in Higher Education Program to improve the quality of Nepal’s higher education, scale-up online learning, and expand access to academic institutions for underprivileged and vulnerable students. ',
'status' => true,
'publish_date' => null
)
),
(int) 29 => array(
'MagazineArticle' => array(
'id' => '3276',
'magazine_issue_id' => '1087',
'magazine_category_id' => '31',
'title' => 'The High Cost of Keeping Airports Afloat',
'image' => '20220312063035_Clipboard01.jpg',
'short_content' => 'Over the last few years, improving the old airports and constructing new ones have become the part of the government’s national agenda. Many airports have been upgraded across the country without proper feasible studies. ',
'status' => true,
'publish_date' => null
)
),
(int) 30 => array(
'MagazineArticle' => array(
'id' => '3236',
'magazine_issue_id' => '1043',
'magazine_category_id' => '31',
'title' => 'Case for Cost Reduction',
'image' => '20220213084910_Clipboard01.jpg',
'short_content' => 'Government controls in various sectors of the economy have resulted in a continuous rise in the prices of essential goods and services. The irony of the situation is that it has benefited neither the consumers who expect prices to remain steady or come down',
'status' => true,
'publish_date' => null
)
),
(int) 31 => array(
'MagazineArticle' => array(
'id' => '3204',
'magazine_issue_id' => '1030',
'magazine_category_id' => '31',
'title' => 'Mergers for Bigger and Stronger Contractors',
'image' => '20220108033229_Clipboard01.jpg',
'short_content' => 'The overall performance of our contractors (construction companies) is so poor that it would be naive to believe that the country's ambition for development is possible from their existing capacity. ',
'status' => true,
'publish_date' => null
)
),
(int) 32 => array(
'MagazineArticle' => array(
'id' => '3177',
'magazine_issue_id' => '1029',
'magazine_category_id' => '31',
'title' => 'Populist payout',
'image' => '20211211090625_Clipboard01.jpg',
'short_content' => 'It has been over one and a half years since coronavirus broke out in Nepal. The government imposed prohibitory orders and lockdowns for months that not only restricted the movement of people but also halted economic activities across the country.',
'status' => true,
'publish_date' => null
)
),
(int) 33 => array(
'MagazineArticle' => array(
'id' => '3153',
'magazine_issue_id' => '1028',
'magazine_category_id' => '31',
'title' => 'Making Things Right in Power Supply',
'image' => '20211113085320_fd.jpg',
'short_content' => 'The Nepal Electricity Authority (NEA) is trying to sell electricity to Indian power companies stating that there is excess electricity in the country. On the other hand, many Nepali industries are being forced to use diesel generators as they haven't been supplied with electricity by the state-owned power utility ',
'status' => true,
'publish_date' => null
)
),
(int) 34 => array(
'MagazineArticle' => array(
'id' => '3129',
'magazine_issue_id' => '1027',
'magazine_category_id' => '31',
'title' => 'Investment without Source of Income',
'image' => '20211006093214_Clipboard01.jpg',
'short_content' => 'The new federal budget for FY2021/22 has sparked a big protest against its provision that says no question will be asked about the source of money that is invested in some specified infrastructure projects, such as hydropower, airports and tunnels. This is as per the demand of the private sector in general.',
'status' => true,
'publish_date' => null
)
),
(int) 35 => array(
'MagazineArticle' => array(
'id' => '3101',
'magazine_issue_id' => '1026',
'magazine_category_id' => '31',
'title' => 'Monetary Policy Implementation',
'image' => '20210905085210_00b.jpg',
'short_content' => 'Ending the confusion created by the change of government and the federal budget issued through an ordinance, Nepal Rastra Bank (NRB) unveiled the Monetary Policy for the current fiscal year on August 13, a little later than last year. ',
'status' => true,
'publish_date' => null
)
),
(int) 36 => array(
'MagazineArticle' => array(
'id' => '3078',
'magazine_issue_id' => '1025',
'magazine_category_id' => '31',
'title' => 'Business in a Mess',
'image' => '20210807052026_Clipboard01.jpg',
'short_content' => 'Yes, the word ‘mess” can best describe the environment in which the businesses are in right now. The dictionary defines a ‘mess’ as a situation that is very complicated or difficult to deal with, or a condition which is disordered, untidy, offensive, or unpleasant.',
'status' => true,
'publish_date' => null
)
),
(int) 37 => array(
'MagazineArticle' => array(
'id' => '3055',
'magazine_issue_id' => '1024',
'magazine_category_id' => '31',
'title' => 'Pinning Fresh Hopes on the Monetary Policy',
'image' => '20210630090756_Clipboard30.jpg',
'short_content' => 'Nepal Rastra Bank has started preparing the Monetary Policy for the next fiscal year amidst the financial devastation caused by the second wave of Covid-19 pandemic. Praise was heaped on the central bank in the current fiscal year ',
'status' => true,
'publish_date' => null
)
),
(int) 38 => array(
'MagazineArticle' => array(
'id' => '3035',
'magazine_issue_id' => '1023',
'magazine_category_id' => '31',
'title' => 'The Mega Merger',
'image' => '20210531024051_Clipboard20.jpg',
'short_content' => 'The proposed merger between Nepal Investment Bank and Himalayan Bank has attracted quite a lot of attention because of the size of two institutions. Nepal Investment Bank has Rs 27.5 billion in capital, including Rs 16.3 billion in paid-up capital. ',
'status' => true,
'publish_date' => null
)
),
(int) 39 => array(
'MagazineArticle' => array(
'id' => '3013',
'magazine_issue_id' => '1022',
'magazine_category_id' => '31',
'title' => 'More Stimulus Needed',
'image' => '20210501032907_Clipboard02.jpg',
'short_content' => 'Nepal’s worst fear has come true. The country is now in the grip of a second wave of Covid-19, a pandemic which has so far killed over three million people and infected close to 145 million globally. Everyone knew this was coming, but we failed to make preparations based on lessons learnt from the first wave.',
'status' => true,
'publish_date' => null
)
),
(int) 40 => array(
'MagazineArticle' => array(
'id' => '2991',
'magazine_issue_id' => '1021',
'magazine_category_id' => '31',
'title' => 'Commendable Initiative',
'image' => '20210330090013_Clipboard01.jpg',
'short_content' => 'The CNI’s campaign focuses on establishing over 1,000 additional enterprises, generating export income of $5 billion per annum, and raising the industrial sector’s contribution to the gross domestic product to 26 percent by 2030.',
'status' => true,
'publish_date' => null
)
),
(int) 41 => array(
'MagazineArticle' => array(
'id' => '2949',
'magazine_issue_id' => '1020',
'magazine_category_id' => '31',
'title' => 'Make QR Codes Interoperable',
'image' => '20210304124259_Clipboard01.jpg',
'short_content' => 'Nepal has long been trying to promote digital transactions to reduce the cost of printing paper money and, most importantly, to build a cashless economy, which not only traces money transfers but helps to curb corruption. ',
'status' => true,
'publish_date' => null
)
),
(int) 42 => array(
'MagazineArticle' => array(
'id' => '2925',
'magazine_issue_id' => '1019',
'magazine_category_id' => '31',
'title' => 'Sustaining the Bull Run',
'image' => '20210203104312_Clipboard16.jpg',
'short_content' => 'Nepal's stock market has been on a bull run since January last year. Nepal Stock Exchange (Nepse) index, which stood at 1182.31 points on January 5, 2020, surpassed the previous record of 1881.45 points on November 26, 2020 and has since been creating new records almost every other day. ',
'status' => true,
'publish_date' => null
)
),
(int) 43 => array(
'MagazineArticle' => array(
'id' => '2869',
'magazine_issue_id' => '1018',
'magazine_category_id' => '31',
'title' => 'Saving the Economy from Political Turmoil',
'image' => '20210114020702_Clipboard01.jpg',
'short_content' => 'The abrupt dissolution of the House of Representatives and announcement of mid-term elections has pushed the country into a state of deepening political uncertainty. While political parties and members of the civil society are opposing the move of the Prime Minister KP Sharma Oli a',
'status' => true,
'publish_date' => null
)
),
(int) 44 => array(
'MagazineArticle' => array(
'id' => '2818',
'magazine_issue_id' => '1017',
'magazine_category_id' => '31',
'title' => 'Construction Sector Woes and Economic Recovery',
'image' => '20201219035507_Clipboard01.jpg',
'short_content' => 'Over the past nine months, construction contractors have not been able to work as per their contract agreements with the government due to the severe disturbances created by the Covid-19 pandemic. ',
'status' => true,
'publish_date' => null
)
),
(int) 45 => array(
'MagazineArticle' => array(
'id' => '2785',
'magazine_issue_id' => '1016',
'magazine_category_id' => '31',
'title' => 'Reviving Tourism',
'image' => '20201105023255_Clipboard08.jpg',
'short_content' => 'The Nepal Tourism Board (NTB) has set up a taskforce with the view of finding ways to revive the tourism sector which has been hardest hit by the Covid-19 pandemic. It is a praiseworthy move in that NTB’s initiative, which has brought veteran tourism entrepreneurs',
'status' => true,
'publish_date' => null
)
),
(int) 46 => array(
'MagazineArticle' => array(
'id' => '2715',
'magazine_issue_id' => '1015',
'magazine_category_id' => '31',
'title' => 'Finding Alternatives to Save the Economy',
'image' => '20200917090730_Clipboard01.jpg',
'short_content' => 'The spike in coronavirus cases and the prohibitory orders issued by district administration offices in many districts paralysing over half the country has pushed the already crippled Nepali economy to the brink. Given the current situation, getting out from this slump will indeed be a herculean task.',
'status' => true,
'publish_date' => null
)
),
(int) 47 => array(
'MagazineArticle' => array(
'id' => '2684',
'magazine_issue_id' => '1014',
'magazine_category_id' => '31',
'title' => 'The Meaningfulness of the Monetary Policy',
'image' => '20200817012521_Clipboard01.jpg',
'short_content' => 'At a time when the government has failed to add any meaningful momentum to the country’s economy hard hit by the Covid-19 pandemic through the Federal Budget, the central bank has reignited the hopes of the private sector by announcing a slew of relief and rescue measures to help the crisis-stricken businesses through the Monetary Policy. ',
'status' => true,
'publish_date' => null
)
),
(int) 48 => array(
'MagazineArticle' => array(
'id' => '2667',
'magazine_issue_id' => '1013',
'magazine_category_id' => '31',
'title' => 'Mishandling of MCC Issues',
'image' => '20200720120649_Clipboard11.jpg',
'short_content' => 'After failing to get the Millennium Challenge Compact (MCC) ratified at parliament, the government has informed theUnited States that the agreement has been currently ‘put on hold’. It was, however, strange to see the government writing a missive to the donor country about its inability to get it through t',
'status' => true,
'publish_date' => null
)
),
(int) 49 => array(
'MagazineArticle' => array(
'id' => '2634',
'magazine_issue_id' => '1012',
'magazine_category_id' => '31',
'title' => 'Finding A Way Out of the Crisis',
'image' => '20200628092230_Clipboard01.jpg',
'short_content' => 'Two recent reports, published by the World Bank and International Labour Organization (ILO) separately, have clearly indicated the deepening economic crisis in Nepal due to the Covid-19 pandemic. The reports, related to Nepal’s economic growth and job market, have highlighted the urgent need for a major transformative policy.',
'status' => true,
'publish_date' => null
)
),
(int) 50 => array(
'MagazineArticle' => array(
'id' => '2610',
'magazine_issue_id' => '1011',
'magazine_category_id' => '31',
'title' => 'Budget Priorities and Preferences',
'image' => '20200511022320_Clipboard01.jpg',
'short_content' => 'The Federal Budget for the upcoming fiscal year is expected to be different from the past years as the budgetary priorities and programmes will be directed towards addressing the impact of COVID-19 on Nepal’s economy and jumpstarting the recovery process.',
'status' => true,
'publish_date' => null
)
),
(int) 51 => array(
'MagazineArticle' => array(
'id' => '2593',
'magazine_issue_id' => '1010',
'magazine_category_id' => '31',
'title' => 'Too Late, Too Little',
'image' => '20200412072030_Clipboard03.jpg',
'short_content' => 'In response to the economic damage inflicted by the coronavirus (COVID-19) pandemic, governments are announcing gigantic fiscal and monetary stimulus packages with a hope to limit the ongoing economic rampage and kick start the recovery process once the threat to the public health recedes. ',
'status' => true,
'publish_date' => null
)
),
(int) 52 => array(
'MagazineArticle' => array(
'id' => '2565',
'magazine_issue_id' => '1009',
'magazine_category_id' => '31',
'title' => 'A LOST OPPORTUNITY',
'image' => '20200307023843_Clipboard02.jpg',
'short_content' => 'While addressing the House of Representatives on February 14, Prime Minister KP Sharma Oli presented a rosy picture of his government’s performance. There was no specific reason or occasion for the Prime Minister to address the parliament, yet he did so in order to boast a list of government ‘achievements’.',
'status' => true,
'publish_date' => null
)
),
(int) 53 => array(
'MagazineArticle' => array(
'id' => '2556',
'magazine_issue_id' => '1006',
'magazine_category_id' => '31',
'title' => 'Making Visit Nepal 2020 a Success',
'image' => '20201009012940_Clipboard01.jpg',
'short_content' => 'Nepal starts the New Year with the launch of the Visit Nepal (VN) 2020 campaign. The government has set an ambitious target of hosting two million tourists during the campaign year. After Visit Nepal Year 1998 and Nepal Tourism Year 2011, this is the third mega campaign to promote the country's tourism. ',
'status' => true,
'publish_date' => null
)
),
(int) 54 => array(
'MagazineArticle' => array(
'id' => '2757',
'magazine_issue_id' => '1005',
'magazine_category_id' => '31',
'title' => 'Narrowing the Trust Deficit',
'image' => '20201011115304_Clipboard02.jpg',
'short_content' => 'Nepal has long held its image as a country where there is a high level of trust between the people, a factor which has helped to define the Himalayan nation in the global arena. However, this reputation of the country is being gradually eroded. ',
'status' => true,
'publish_date' => null
)
),
(int) 55 => array(
'MagazineArticle' => array(
'id' => '2526',
'magazine_issue_id' => '1007',
'magazine_category_id' => '31',
'title' => 'DEFENDING DEMOCRATIC RIGHTS',
'image' => '20200224054003_Clipboard02.jpg',
'short_content' => 'After getting clearance from the Parliamentary Development and Technology Committee, the controversial Information Technology Bill is now in the House of Representatives for deliberation. It is an irony that a proposed legislation, which has provisions to curtail the fundamental rights of citizens, has made its way through the House of Representatives without sufficient discussions inside and outside parliament.',
'status' => true,
'publish_date' => null
)
),
(int) 56 => array(
'MagazineArticle' => array(
'id' => '2905',
'magazine_issue_id' => '1003',
'magazine_category_id' => '31',
'title' => 'The Right Approach for Tax Net Expansion',
'image' => '20210116081553_Clipboard36.jpg',
'short_content' => 'In a bid to expand the tax net, the Ministry of Finance is considering levying a tax on the transfer of ancestral property though. Finance Minister Dr Yubaraj Khatiwada has said that this concept of inheritance tax is in its initial phase.',
'status' => true,
'publish_date' => null
)
),
(int) 57 => array(
'MagazineArticle' => array(
'id' => '2885',
'magazine_issue_id' => '1001',
'magazine_category_id' => '31',
'title' => 'Time to Deliver',
'image' => '20210115022634_Clipboard02.jpg',
'short_content' => 'The new fiscal year has commenced and the Prime Minister KP Sharma Oli led administration is still grappling with multiple issues that it committed to resolve during its formation one and a half years ago. ',
'status' => true,
'publish_date' => null
)
),
(int) 58 => array(
'MagazineArticle' => array(
'id' => '2831',
'magazine_issue_id' => '1000',
'magazine_category_id' => '31',
'title' => 'Construction Industry Woes',
'image' => '20210112122909_Clipboard01.jpg',
'short_content' => 'The government’s move to relax some harsh provisions quietly in the seventh amendment of the Public Procurement Regulations caught many by surprise. However, it is not difficult to understand that the government changed the provisions in response to the strong demand of private contractors who had protested ',
'status' => true,
'publish_date' => null
)
),
(int) 59 => array(
'MagazineArticle' => array(
'id' => '2518',
'magazine_issue_id' => '999',
'magazine_category_id' => '31',
'title' => 'Taking the Credit',
'image' => '20190605083713_Clipboard02.jpg',
'short_content' => 'The Central Bureau of Statistics (CBS) in late April forecasted the country’s economic growth rate at 6.81 percent for the current fiscal year. Though the growth rate falls short of the government’s ambitious target of eight percent, Nepal will achieve for the third consecutive year an economic growth rate of over six percent which is indeed encouraging. CBS has stated strong agricultural output as the major contributor to propel this growth. ',
'status' => true,
'publish_date' => null
)
),
(int) 60 => array(
'MagazineArticle' => array(
'id' => '2484',
'magazine_issue_id' => '998',
'magazine_category_id' => '31',
'title' => 'Removing the Bitterness from the Sugar Market',
'image' => '20190506071345_Clipboard01.jpg',
'short_content' => 'Prime Minister KP Sharma Oli has accused sugar mill owners of tricking him into imposing higher customs tariffs and quantitative restrictions on the import of sugar, and that their activities have caused a short supply leading to the hike in the price of sugar in the local market. ',
'status' => true,
'publish_date' => null
)
),
(int) 61 => array(
'MagazineArticle' => array(
'id' => '2461',
'magazine_issue_id' => '997',
'magazine_category_id' => '31',
'title' => 'A Wasted Effort',
'image' => '20190403121811_editor.jpg',
'short_content' => 'The National Planning Commission (NPC), the apex advisory body to formulate plans for the country’s development, has unveiled a roadmap to transform Nepal into a high-income economy in the next 25 years. In its 15th Five-Year Plan, NPC has aimed to increase the per capita income to USD 21,500 by 2043 maintaining a minimum average annual economic growth rate of 9.4 percent.',
'status' => true,
'publish_date' => null
)
),
(int) 62 => array(
'MagazineArticle' => array(
'id' => '2427',
'magazine_issue_id' => '996',
'magazine_category_id' => '31',
'title' => 'Investment Summit and Doubts',
'image' => '20190307120527_Clipboard24.jpg',
'short_content' => 'The government has sped up preparations for the forthcoming Nepal Investment Summit 2019 scheduled for March 29-30 in Kathmandu. Of course, summits like this can prove to be helpful for attracting FDI.',
'status' => true,
'publish_date' => null
)
),
(int) 63 => array(
'MagazineArticle' => array(
'id' => '2395',
'magazine_issue_id' => '995',
'magazine_category_id' => '31',
'title' => 'Policy of Haste',
'image' => '20190211113355_Clipboard23.jpg',
'short_content' => 'The latest volatility in the financial market prompted the government to form a high-level panel under the coordination of Nepal Rastra Bank’s deputy governor, which submitted its 58-points recommendation to the finance minister on December 20. ',
'status' => true,
'publish_date' => null
)
),
(int) 64 => array(
'MagazineArticle' => array(
'id' => '2352',
'magazine_issue_id' => '993',
'magazine_category_id' => '31',
'title' => 'Clarity in Social Security Scheme',
'image' => '20190106090244_Clipboard03.jpg',
'short_content' => 'It is becoming clearer that the objectives of the contribution-based Social Security Scheme, launched by the government amid a fanfare on November 28, will not be met. First, there is big confusion among the stakeholders, both the private sector employees and their employers, about the provisions of the scheme',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 65 => array(
'MagazineArticle' => array(
'id' => '2328',
'magazine_issue_id' => '992',
'magazine_category_id' => '31',
'title' => 'A Litmus Test',
'image' => '20181205072130_Clipboard17.jpg',
'short_content' => 'In late October, after the World Bank released the Doing Business 2019 report, Finance Minister Dr Yubaraj Khatiwada publicly asked the multilateral lender to revise its decision to lower Nepal’s position on the Ease of Doing Business Index.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 66 => array(
'MagazineArticle' => array(
'id' => '2288',
'magazine_issue_id' => '991',
'magazine_category_id' => '31',
'title' => 'Climate Change, Technology and Sustainable Development',
'image' => '20181104115834_Clipboard16.jpg',
'short_content' => 'Two opposing extreme viewpoints emerge when it comes to discourses on climate change and technology. Some people blame economic development and technology for the ongoing environmental degradation. The others state climate change as a ‘myth’ and ignore careful utilisation of the resources available on the planet.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 67 => array(
'MagazineArticle' => array(
'id' => '2258',
'magazine_issue_id' => '990',
'magazine_category_id' => '31',
'title' => 'Be on the Right Track',
'image' => '20181001115453_Clipboard08.jpg',
'short_content' => 'Eight months have elapsed since KP Sharma Oli assumed the prime ministerial post for the second time, after the Left Alliance won a two-thirds majority in the legislative elections held in November and December of 2017. The outright victory for the alliance of two major communist parties of the country',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 68 => array(
'MagazineArticle' => array(
'id' => '2225',
'magazine_issue_id' => '989',
'magazine_category_id' => '31',
'title' => 'Stay Together',
'image' => '20180906113752_Clipboard24.jpg',
'short_content' => 'At a time when the private sector needs to unite and protect its space in the free market, differences and political divisions have seeped into the sector's institutional composition, undermining collective interest.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 69 => array(
'MagazineArticle' => array(
'id' => '2196',
'magazine_issue_id' => '988',
'magazine_category_id' => '31',
'title' => 'Maintain Regulatory Independence',
'image' => '20180806015059_Clipboard32.jpg',
'short_content' => '',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 70 => array(
'MagazineArticle' => array(
'id' => '2166',
'magazine_issue_id' => '987',
'magazine_category_id' => '31',
'title' => 'Budgetary Misgivings',
'image' => '20180705102742_EDit.jpg',
'short_content' => 'Ostensibly to drive its agenda of prosperity, the federal government has increased the tax burden. In reality, the taxes have been increased to finance the inflated recurrent expenses, undermining the prospect of private sector growth. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 71 => array(
'MagazineArticle' => array(
'id' => '2136',
'magazine_issue_id' => '986',
'magazine_category_id' => '31',
'title' => 'BBIN MVA: How to make it Effective',
'image' => '20180610013032_Clipboard04.jpg',
'short_content' => 'In recent years, the term “connectivity’’ has become a buzzword, especially in South Asia. This is considered, and rightly so, as a very important means to boost economic transaction as well as people to people social relations across the countries.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 72 => array(
'MagazineArticle' => array(
'id' => '2105',
'magazine_issue_id' => '985',
'magazine_category_id' => '31',
'title' => ' Still Confused',
'image' => '20180511111315_Clipboard40.jpg',
'short_content' => 'More than four months have already passed since the election results were published giving a clear majority to the left coalition led by KP Oli as the future Prime Minister. And two months have passed since Oli took the oath of office. However, the country’s private sector is still in a state of confusion as the ruling coalition has failed to give policy clarity.fused',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 73 => array(
'MagazineArticle' => array(
'id' => '2081',
'magazine_issue_id' => '984',
'magazine_category_id' => '31',
'title' => 'Banks’ Stress Test ',
'image' => '20180402095437_Clipboard41.jpg',
'short_content' => 'Nepal’s banking sector is currently undergoing a stress test of its own kind. The struggle that the banks are facing to pass this test has led to peculiar other problems. Also, the regulator of this sector is undergoing similar stress test.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 74 => array(
'MagazineArticle' => array(
'id' => '2054',
'magazine_issue_id' => '983',
'magazine_category_id' => '31',
'title' => 'Nepal-India Power Barter',
'image' => '20180306114746_Clipboard59.jpg',
'short_content' => 'The Nepal India energy secretarial level Joint Steering Committee (JSC) meeting is expected to commence soon once the Nepal’s government takes a full shape. It is understood that one of the focal points of the meeting will be to conclude negotiations on exchange of electricity between the two countries',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 75 => array(
'MagazineArticle' => array(
'id' => '2025',
'magazine_issue_id' => '982',
'magazine_category_id' => '31',
'title' => 'Rethinking Export Incentive Scheme',
'image' => '20180205113518_Clipboard46.jpg',
'short_content' => 'Nepal’s trade deficit is ballooning each year due to sluggish exports and galloping imports. A decade and a half earlier, the exports were equivalent roughly to 18 percent of GDP. Now, this ratio has come down to about nine percent. Clearly, the Cash Incentive Scheme introduced in 2010-11 to promote export has failed miserably. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 76 => array(
'MagazineArticle' => array(
'id' => '1999',
'magazine_issue_id' => '981',
'magazine_category_id' => '31',
'title' => 'Wish for Policy Stability',
'image' => '20180108122102_Clipboard57.jpg',
'short_content' => 'The Nepali business community has welcomed the outcome of the general elections. It hopes the clear majority (almost two thirds) garnered by the coalition of the two communist parties, CPN-UML and CPN-Maoist Centre, will bring about political stability. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 77 => array(
'MagazineArticle' => array(
'id' => '1974',
'magazine_issue_id' => '980',
'magazine_category_id' => '31',
'title' => 'Business Law Reforms',
'image' => '20171210112308_Clipboard50.jpg',
'short_content' => 'The Nepali private sector has recently started a campaign to reform the entire gamut of business laws. Some laws need to be amalgamated with others, while some must be repealed outright. Some others need to be revised massively or marginally. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 78 => array(
'MagazineArticle' => array(
'id' => '1952',
'magazine_issue_id' => '979',
'magazine_category_id' => '31',
'title' => 'Thaler & Public Policy',
'image' => '20171106111934_Clipboard34.jpg',
'short_content' => 'Nudges are more important than nagging. That perhaps summarises the essence of the nudge theory for which Chicago University’s Professor Richard H Thaler was awarded this year’s Nobel Memorial Prize in Economics. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 79 => array(
'MagazineArticle' => array(
'id' => '1923',
'magazine_issue_id' => '978',
'magazine_category_id' => '31',
'title' => 'Regulatory Lacunae',
'image' => '20171004090734_Clipboard01.jpg',
'short_content' => 'Business problems in Nepal are mostly related to poor regulations. And better regulations themselves don’t yield results. What matters more is the competence of the regulatory body. From regulatory standpoint, the businesses in Nepal fall under three categories:',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 80 => array(
'MagazineArticle' => array(
'id' => '1891',
'magazine_issue_id' => '977',
'magazine_category_id' => '31',
'title' => 'Disaster Preparedness',
'image' => '20170906091137_Clipboard35.jpg',
'short_content' => 'Lots of discussions are taking place lecturing Nepali industries on disaster preparedness. The lecturing has become even more frequent since the earthquake of 2015. And a lot of improvements have already been made by the industries. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 81 => array(
'MagazineArticle' => array(
'id' => '1858',
'magazine_issue_id' => '976',
'magazine_category_id' => '31',
'title' => 'Unclear and Inward Looking',
'image' => '20170802085529_Clipboard05.jpg',
'short_content' => 'It is the responsibility of central banks the world over to give suggestions to the government regarding economic management, management of public debt and financial management. Preparing the monetary policy is the fundamental task to perform these duties. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 82 => array(
'MagazineArticle' => array(
'id' => '1828',
'magazine_issue_id' => '975',
'magazine_category_id' => '31',
'title' => 'Productive Sector Confusion',
'image' => '20170708013349_Clipboard15.jpg',
'short_content' => 'Nepal Rastra Bank’s continued focus on controlling bank lending to unproductive sectors has been causing disruptions across various areas of the Nepali economy. Till recently, such disturbances were only in areas that troubled the banks and businesses. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 83 => array(
'MagazineArticle' => array(
'id' => '1798',
'magazine_issue_id' => '974',
'magazine_category_id' => '31',
'title' => 'Nepal in OBOR',
'image' => '20170613090112_Clipboard02.jpg',
'short_content' => 'After Nepal joined the China-sponsored Belt and Road Initiative (BRI) by signing in May 2017 the framework agreement on what is known as One Belt One Road (OBOR), analysts of different shades and colour have started offering their respective opinions on the potential benefits',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 84 => array(
'MagazineArticle' => array(
'id' => '1776',
'magazine_issue_id' => '973',
'magazine_category_id' => '31',
'title' => 'CSR Tax',
'image' => '20170511114505_ed.jpg',
'short_content' => 'Even as the Ministry of Industry under Minister Nabindra Raj Joshi is gaining praise for the speed of some important policy reforms, one recent event, however, indicates otherwise. In a programme held in early April, the Minister put forth a proposal to collect in a government fund',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 85 => array(
'MagazineArticle' => array(
'id' => '1739',
'magazine_issue_id' => '972',
'magazine_category_id' => '31',
'title' => 'Amended Companies Act ',
'image' => '20170412014949_ed.jpg',
'short_content' => 'After a long wait, the Parliament has passed the First Amendment in the Companies Act 2063 which is a positive development. However, an analysis of what the government had originally proposed as the Bill and what the parliament added in the final version is worth making. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 86 => array(
'MagazineArticle' => array(
'id' => '1712',
'magazine_issue_id' => '971',
'magazine_category_id' => '31',
'title' => 'Missing the Real Problem',
'image' => '20170319101920_ed.jpg',
'short_content' => 'Both of the top regulators of the economy - Ministry of Finance and Nepal Rastra Bank – brought out the mid-term review of their respective policies and made some changes in the middle of February. Both hope these changes will solve the ongoing problems',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 87 => array(
'MagazineArticle' => array(
'id' => '1688',
'magazine_issue_id' => '970',
'magazine_category_id' => '31',
'title' => 'Dark Side of Ncell Tax',
'image' => '20170213031506_ed.jpg',
'short_content' => 'Should Ncell (Pvt) Ltd. pay the capital gains tax on the sale of its ownership by its earlier owner Telia Company to present owner Axiata? The answer differs depending on whom you ask. Obviously, the company says it need not.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 88 => array(
'MagazineArticle' => array(
'id' => '1666',
'magazine_issue_id' => '969',
'magazine_category_id' => '31',
'title' => 'Time to Unpeg',
'image' => '20170110011834_ed.jpg',
'short_content' => 'India’s decision to demonetize high denomination Indian currency notes has created a historic opportunity for Nepal to do away with the practice of pegging Nepali currency with that of India. The reluctance of the Indian authorities to accept the now demonetized Indian notes is in fact compelling Nepal to unpeg.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 89 => array(
'MagazineArticle' => array(
'id' => '1641',
'magazine_issue_id' => '968',
'magazine_category_id' => '31',
'title' => 'Taxpayer’s Dignity',
'image' => '20161211024326_ed.jpg',
'short_content' => 'Nepal observed its Fifth National Tax Day on November 16, with the slogan that translates to something like “Let’s Pay Tax and Feel Dignified to Help Achieve Our Aspirations for a Prosperous Nepal”. But activities have gone according to the spirit of that slogan. And the second part of the slogan goes against the basic principles of economics. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 90 => array(
'MagazineArticle' => array(
'id' => '1617',
'magazine_issue_id' => '967',
'magazine_category_id' => '31',
'title' => 'Case against CIAA',
'image' => '20161116024821_edit.jpg',
'short_content' => 'This is the time to say “Down with the CIAA”. This is not just a demand for the abolition of this anti-graft body. It is also the reason for such a demand. The entire Nepali economy as well as the entire institutional superstructure of democracy based on political parties are going “down with the CIAA”. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 91 => array(
'MagazineArticle' => array(
'id' => '1592',
'magazine_issue_id' => '966',
'magazine_category_id' => '31',
'title' => 'Restarting Govt Factories',
'image' => '20161006032525_ed.jpg',
'short_content' => 'In his work plan concerning industrial sector reform, the newly appointed Minister for Industries Rabindra Raj Joshi announced that the government owned industries that have been shut for several years will be reopened. The method that the government is adopting for this is dangerous for the country’s business environment. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 92 => array(
'MagazineArticle' => array(
'id' => '1559',
'magazine_issue_id' => '965',
'magazine_category_id' => '31',
'title' => 'Stalled FDI in Hydro',
'image' => '20160916031000_ed.jpg',
'short_content' => 'What will a rational homo Economicus do when spotting a Rs 1000 note lying on the pavement? He will not pick it up! Because, he thinks, that note is a fake. Had it been a real note, somebody else who might have happened to notice it earlier, would have already picked it up. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 93 => array(
'MagazineArticle' => array(
'id' => '1535',
'magazine_issue_id' => '964',
'magazine_category_id' => '31',
'title' => 'Business under Maoist-Congress',
'image' => '20160822030806_ed.jpg',
'short_content' => 'Nepal is getting the second government under the new Constitution. What difference will it make for the business and economy? A lot or not at all? It is tricky to answer the question. Because there are so many uncertainties.And this begins with the fate of the government budget for the current fiscal year that started on mid-July.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 94 => array(
'MagazineArticle' => array(
'id' => '1513',
'magazine_issue_id' => '963',
'magazine_category_id' => '31',
'title' => 'Brexit Blues in Nepal',
'image' => '20160712043226_Clipboard01.jpg',
'short_content' => 'Nepal too is likely to feel the effects of the UK’s decision to get out of the European Union, known as Brexit. But what kinds of effects exactly? Though a lot is being debated, we simply do not know, at least right now or even in the coming 3-6 months. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 95 => array(
'MagazineArticle' => array(
'id' => '1491',
'magazine_issue_id' => '962',
'magazine_category_id' => '31',
'title' => 'Let the Dreams Come True',
'image' => '20160614035523_ed.jpg',
'short_content' => 'Prime Minister KP Oli is criticised and even ridiculed for the myriad dreams he has been spreading about the country’s future. However, some have appreciated it because the leader has to stir optimism among the people about the future and Oli’s statements have achieved that.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 96 => array(
'MagazineArticle' => array(
'id' => '1471',
'magazine_issue_id' => '961',
'magazine_category_id' => '31',
'title' => 'Legal Hurdles to Investment',
'image' => '20160513034506_editor.jpg',
'short_content' => 'This year is going to be different in Nepal’s government budgeting. The Finance Minister will hopefully present the budget to the parliament on May 28 as stipulated in the new Constitution, instead of the previous practice of doing so just a few days before the new fiscal year starts in mid-July. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 97 => array(
'MagazineArticle' => array(
'id' => '1454',
'magazine_issue_id' => '960',
'magazine_category_id' => '31',
'title' => 'Chinese Connection',
'image' => '20160421101732_ed.jpg',
'short_content' => 'The recently concluded China visit of Prime Minister KP Oli received a lot of publicity both within Nepal and in India. The Nepali people were told that the visit was a resounding success. Some say it ‘ended Indian monopoly on Nepal’s transit trade’ and others point out that by agreeing to explore mineral fuels in Nepal, China has started to help Nepal end its dependence on India for such fuel.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 98 => array(
'MagazineArticle' => array(
'id' => '1435',
'magazine_issue_id' => '959',
'magazine_category_id' => '31',
'title' => 'Too Many Holidays',
'image' => null,
'short_content' => 'Since this is the year of implementation of the new constitution promulgated in September last year, a new beginning should also start by revising the list of public holidays. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 99 => array(
'MagazineArticle' => array(
'id' => '1413',
'magazine_issue_id' => '958',
'magazine_category_id' => '31',
'title' => 'Risk of Systemic Failure',
'image' => '20160215122318_fte.jpg',
'short_content' => 'The Nepali economy has now entered the danger zone where the risk is not just limited to the financial system. The entire economic system including the underlying assumptions held sacrosanct as principles and values are at high risk. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 100 => array(
'MagazineArticle' => array(
'id' => '1371',
'magazine_issue_id' => '956',
'magazine_category_id' => '31',
'title' => 'In The Slump ',
'image' => '20151216125539_ed.jpg',
'short_content' => 'The Nepali economy is already in an economic slump and it may take more than a year to get out of it. There’s no need to explain that, even if the ongoing blockade along the Nepal-India border (jointly put in place by agitating Madhesi parties with tacit support from the Indian government) is lifted today, the damage already caused to the economy is not likely to be compensated even after the end of the current fiscal year. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 101 => array(
'MagazineArticle' => array(
'id' => '1351',
'magazine_issue_id' => '955',
'magazine_category_id' => '31',
'title' => 'Opportunity to Deregulate Energy Market',
'image' => '20151115123516_ed.jpg',
'short_content' => 'Whether the prolonged Indian economic blockade against Nepal continues even beyond the Bihar elections and Nepal’s Tihar and Chhath festivals is still uncertain. However, this has given Nepal a unique opportunity to effectively implement the long overdue plan to deregulate the petroleum business and hand it over entirely to the private sector.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 102 => array(
'MagazineArticle' => array(
'id' => '1322',
'magazine_issue_id' => '954',
'magazine_category_id' => '31',
'title' => 'Welcoming the New Constitution',
'image' => '20151007125955_ed.jpg',
'short_content' => 'Nepal has finally got the much awaited New Constitution. And the business community has wholeheartedly welcomed it, as did a vast majority of the Nepali people. Though most of the region known as Terai-Madhes is reeling under violent protests against the New Statute and the business community',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 103 => array(
'MagazineArticle' => array(
'id' => '1288',
'magazine_issue_id' => '953',
'magazine_category_id' => '31',
'title' => 'Economics of Funding Political Parties',
'image' => '20150915024122_edit.jpg',
'short_content' => 'The Nepali private sector has missed a very important issue in the list of suggestions they presented recently to the political leadership to incorporate in the new constitution. This missed point is about the funding of political parties and their campaigns. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 104 => array(
'MagazineArticle' => array(
'id' => '1252',
'magazine_issue_id' => '952',
'magazine_category_id' => '31',
'title' => '100% Doubt on 6% Growth',
'image' => '20150813114301_e.jpg',
'short_content' => 'As a famous proverb goes, if wishes were horses, then beggars would ride. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 105 => array(
'MagazineArticle' => array(
'id' => '1201',
'magazine_issue_id' => '910',
'magazine_category_id' => '31',
'title' => 'Clear this Confusion',
'image' => null,
'short_content' => 'Nepal as a whole is trying to get back (on track) after getting knocked over by the massive 7.6 M Gorkha Earthquake and its subsequent aftershocks. Though the aftershocks are still continuing and causing problems, a more serious problem is that a lot of confusion still needs to be cleared up. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 106 => array(
'MagazineArticle' => array(
'id' => '1177',
'magazine_issue_id' => '889',
'magazine_category_id' => '31',
'title' => 'Allow Private Sector to Spend Development Budget',
'image' => null,
'short_content' => 'The spending capacity of the Government of Nepal is quite poor, to say the least. The government has been routinely allocating capital expenditure, also known as the development budget, every year. But it has routinely failed to spend the money. In the first nine months of the current fiscal year, the government has been able to spend only about 26 percent of the development budget. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 107 => array(
'MagazineArticle' => array(
'id' => '1147',
'magazine_issue_id' => '863',
'magazine_category_id' => '31',
'title' => 'NRB Gets the New Governor',
'image' => null,
'short_content' => 'Dr Chiranjibi Nepal, the new Governor of Nepal’s central bank, Nepal Rastra Bank (NRB), for next five years, has the twin responsibilities of clearing the mess created by his predecessor Dr Yubaraj Khatiwada and leading Nepal's financial sector to take it at par with its global peers.',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 108 => array(
'MagazineArticle' => array(
'id' => '1119',
'magazine_issue_id' => '839',
'magazine_category_id' => '31',
'title' => 'Congested Cash Traffic',
'image' => null,
'short_content' => 'A recent investigative report named 'Swiss Leaks' by a group of international journalists also revealed the names of some Nepali nationals as having supposedly secretive bank accounts in HSBC-Switzerland. Some USD 45 million seems to be routed through some weird location called Virgin Islands, a tax haven and offshore financial hub though quite far away from Nepal. ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 109 => array(
'MagazineArticle' => array(
'id' => '1084',
'magazine_issue_id' => '811',
'magazine_category_id' => '31',
'title' => 'A Welcome Initiative in Tourism',
'image' => null,
'short_content' => 'The Government of Nepal's recent announcement of a ten-year roadmap for tourism development is indeed a welcome endeavour. The National Tourism Strategic Plan 2015-2024 sets ambitious target of investing some sixty billion rupees from tax-payers money during this period to develop ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 110 => array(
'MagazineArticle' => array(
'id' => '1047',
'magazine_issue_id' => '783',
'magazine_category_id' => '31',
'title' => 'Having Trust on Anti-trust',
'image' => null,
'short_content' => 'One, supposedly highly learned, member of parliament in a recent public discussion declared, 'The menace of cartels and syndicates in the Nepali market are the result of adopting the free-market economy and giving everything to private ownership.' This sweeping remark exposes the superficiality ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 111 => array(
'MagazineArticle' => array(
'id' => '1012',
'magazine_issue_id' => '756',
'magazine_category_id' => '31',
'title' => 'A Matter of De-Materializing It',
'image' => null,
'short_content' => 'Nepal's share market index, Nepse is performing reasonably well since the formation of Nepali Congress led government. It is now hovering between 850 and 900 for sometimes now. Among many welcome developments, the plan to dematerialize (demat) the physical share c',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 112 => array(
'MagazineArticle' => array(
'id' => '974',
'magazine_issue_id' => '730',
'magazine_category_id' => '31',
'title' => 'Commendable Contract',
'image' => null,
'short_content' => 'Nepal has been successful in initiating important economic reforms, ahead at least of her South Asian peers. The process of economic liberalization began in 1984, eight years before India began its first generation of reforms. The financial sector reform too was undertaken ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 113 => array(
'MagazineArticle' => array(
'id' => '941',
'magazine_issue_id' => '704',
'magazine_category_id' => '31',
'title' => 'Auto Dream',
'image' => null,
'short_content' => 'Refusing to the demand of the automobile importers to reduce import duties on vehicles, Finance Minister Dr. Ram SharanMahathas promised them government support if they start vehicle manufacturing in the country. Given the increasing demand due to expansion in the road network ',
'status' => true,
'publish_date' => '0000-00-00'
)
),
(int) 114 => array(
'MagazineArticle' => array(
'id' => '1393',
'magazine_issue_id' => '957',
'magazine_category_id' => '31',
'title' => 'TeliaSonera’s Exit ',
'image' => '20160112123354_ed.jpg',
'short_content' => 'TeliaSonera’s December deal to sell its shares in Ncell to Malaysia’s Axiata cannot be viewed in Nepal simply as a business decision by two companies. Some indications of the gravity of the situation were already there when the Scandinavian company had announced in September its plan to exit former Soviet Union countries as well as Nepal.',
'status' => true,
'publish_date' => '0000-00-00'
)
)
)
$magazineCategory = array(
'MagazineCategory' => array(
'id' => '31',
'title' => 'From the Editor',
'sortorder' => '31',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2013-05-01 00:00:00'
)
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '941',
'magazine_issue_id' => '704',
'magazine_category_id' => '31',
'title' => 'Auto Dream',
'image' => null,
'short_content' => 'Refusing to the demand of the automobile importers to reduce import duties on vehicles, Finance Minister Dr. Ram SharanMahathas promised them government support if they start vehicle manufacturing in the country. Given the increasing demand due to expansion in the road network ',
'status' => true,
'publish_date' => '0000-00-00'
)
)
$issue_title = array()
$width = (int) 400
$height = (int) 223
$ratio = (float) 1.7937219730942
$img_width = (int) 160
$img_height = (float) 89.2
include - 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