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Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a . . . Read more »
Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest . . . Read more »
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Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They . . . Read more »
Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable . . . Read more »
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Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he . . . Read more »
In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. . . . Read more »
Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the . . . Read more »
The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. . . . Read more »
Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office . . . Read more »
With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry . . . Read more »
Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in . . . Read more »
We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in . . . Read more »
Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the . . . Read more »
Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary . . . Read more »
Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany . . . Read more »
Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar . . . Read more »
R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. . . . Read more »
Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and . . . Read more »
Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and . . . Read more »
Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas . . . Read more »
Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the . . . Read more »
Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US . . . Read more »
Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in . . . Read more »
A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister . . . Read more »
Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science . . . Read more »
Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private . . . Read more »
Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business . . . Read more »
Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading . . . Read more »
Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s . . . Read more »
Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. . . . Read more »
Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as . . . Read more »
Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old . . . Read more »
The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra . . . Read more »
International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic . . . Read more »
Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities . . . Read more »
With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to . . . Read more »
The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the . . . Read more »
Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods . . . Read more »
As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, . . . Read more »
Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in . . . Read more »
Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational . . . Read more »
Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in . . . Read more »
Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. . . . Read more »
Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary . . . Read more »
Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their . . . Read more »
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of . . . Read more »
Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice . . . Read more »
After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic . . . Read more »
In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery . . . Read more »
The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and . . . Read more »
The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali . . . Read more »
At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for . . . Read more »
The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the . . . Read more »
The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in . . . Read more »
At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in . . . Read more »
At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as . . . Read more »
Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key . . . Read more »
A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects . . . Read more »
Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events . . . Read more »
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Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and . . . Read more »
This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector . . . Read more »
Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive . . . Read more »
Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the . . . Read more »
Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the . . . Read more »
For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the . . . Read more »
Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of . . . Read more »
Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute . . . Read more »
Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the . . . Read more »
Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present . . . Read more »
The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in . . . Read more »
Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest . . . Read more »
The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched . . . Read more »
The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate . . . Read more »
Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more . . . Read more »
Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the . . . Read more »
Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 . . . Read more »
It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research . . . Read more »
The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in . . . Read more »
In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. . . . Read more »
Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti . . . Read more »
If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its . . . Read more »
The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in . . . Read more »
Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships . . . Read more »
Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the . . . Read more »
The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of . . . Read more »
Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has . . . Read more »
G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider . . . Read more »
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18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. 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18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the questions', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 164 => array( 'MagazineArticle' => array( 'id' => '1404', 'magazine_issue_id' => '957', 'magazine_category_id' => '39', 'title' => '“My challenge is to regain the reputation of NPC”', 'image' => '20160122124456_i.jpg', 'short_content' => 'We have to consolidate our expenditure programme; the trend so far is to spread the budget thinly over all places. Many programmes are duplicated and many overlaps happen between the jurisdictions of the different ministries. The roads are duplicated, i.e. they are in multiple entries everywhere and thus, when to complete and who does it always remains a question. 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After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable . . . Read more »
Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the . . . Read more »
The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan . . . Read more »
Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of . . . Read more »
Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including . . . Read more »
Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which . . . Read more »
Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available . . . Read more »
The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to . . . Read more »
The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 . . . Read more »
More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal . . . Read more »
Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP . . . Read more »
After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged . . . Read more »
Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of . . . Read more »
Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform . . . Read more »
Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It . . . Read more »
The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, . . . Read more »
Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the . . . Read more »
Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business . . . Read more »
Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The . . . Read more »
Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. . . . Read more »
Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered . . . Read more »
Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets . . . Read more »
Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense . . . Read more »
After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will . . . Read more »
Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s . . . Read more »
Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff . . . Read more »
Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the . . . Read more »
Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner . . . Read more »
Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is . . . Read more »
Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of . . . Read more »
Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the . . . Read more »
There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ . . . Read more »
Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda . . . Read more »
Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development . . . Read more »
Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, . . . Read more »
Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. . . . Read more »
The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. . . . Read more »
Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. . . . Read more »
Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. . . . Read more »
It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the . . . Read more »
Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking . . . Read more »
Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. . . . Read more »
Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of . . . Read more »
B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal . . . Read more »
The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA . . . Read more »
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<?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 = '39' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4516', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Our USP lies in Steadfast Commitment to Quality', 'image' => '20240711113026_2024-07-11 23.29.35.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4518', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Podway System will Revolutionise Public Transport', 'image' => '20240711113215_2024-07-11 23.31.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '4401', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'We Provide Funding for Commercial Ventures and Seek Returns', 'image' => '20240517061100_2024-05-17 06.10.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '4405', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'Nepal needs to Review Regulatory Framework to Minimise Investment Risks', 'image' => '20240517062424_2024-05-17 06.23.04.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '4368', 'magazine_issue_id' => '1281', 'magazine_category_id' => '39', 'title' => 'Continued Government Spending must to Maintain Economic Momentum', 'image' => '20240414091939_2024-04-14 21.16.58.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '4307', 'magazine_issue_id' => '1280', 'magazine_category_id' => '39', 'title' => 'Without Unwavering Commitment, Meaningful Change Remains out of Reach', 'image' => '20240314074843_2024-03-14 07.44d.50.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '4258', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => '"New Doctors are Attracted to Foreign Jobs"', 'image' => '20240215100346_1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '4259', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'The Govt needs to Create a Supportive Environment', 'image' => '20240215100403_2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '4260', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'There is a Shortage of Specialised Doctors', 'image' => '20240215100414_3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '4261', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'We need to Improve the Health Insurance System', 'image' => '20240215100423_4.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '4262', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Discriminatory Behaviour is Evident in Policies of Regulating Bodies', 'image' => '20240215100434_5.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '4263', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepal has Potential to Become a Medical Tourism hub', 'image' => '20240215100444_6.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '4264', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Doctors Distribution is not Equitable', 'image' => '20240215100455_7.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '4265', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'COVID-19 was Turning Point for Star Hospital’s Growth', 'image' => '20240215100508_8.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '4266', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Govt needs to Increase Healthcare Funding', 'image' => '20240215100520_9.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '4290', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepali Diaspora will Create Commercial Linkages Between Australia and Nepal', 'image' => '20240214044139_f586b454-c751-49a2-8c96-c612df55122f.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '4209', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Despite Current Challenges, the Overall Outlook is Positive', 'image' => '20240109095510_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '4248', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Mountain Biking is an Expensive Sport', 'image' => '20240113083511_mountain-bike.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '4161', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal's LDC Graduation Should be Viewed with Optimism', 'image' => '20231215025150_Untitled-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '4162', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Majority of Grants Nepal Receives is not Because of LDC Status', 'image' => '20231215025517_Untitledsd-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '4163', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Sustained & Open Communication with Stakeholders is Paramount', 'image' => '20231215025927_Untitlsdsdsded-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '4198', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal Should Have Made Itself Attractive to Both the Chinese and Indians', 'image' => '20231215060418_2023-12-15 18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the questions', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 164 => array( 'MagazineArticle' => array( 'id' => '1404', 'magazine_issue_id' => '957', 'magazine_category_id' => '39', 'title' => '“My challenge is to regain the reputation of NPC”', 'image' => '20160122124456_i.jpg', 'short_content' => 'We have to consolidate our expenditure programme; the trend so far is to spread the budget thinly over all places. Many programmes are duplicated and many overlaps happen between the jurisdictions of the different ministries. The roads are duplicated, i.e. they are in multiple entries everywhere and thus, when to complete and who does it always remains a question. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '39', 'title' => 'Interview', 'sortorder' => '502', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2017-05-03 15:12:10' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the questions', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 291 $ratio = (float) 1.3745704467354 $img_width = (int) 160 $img_height = (float) 116.4include - 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 = '39' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4516', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Our USP lies in Steadfast Commitment to Quality', 'image' => '20240711113026_2024-07-11 23.29.35.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4518', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Podway System will Revolutionise Public Transport', 'image' => '20240711113215_2024-07-11 23.31.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '4401', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'We Provide Funding for Commercial Ventures and Seek Returns', 'image' => '20240517061100_2024-05-17 06.10.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '4405', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'Nepal needs to Review Regulatory Framework to Minimise Investment Risks', 'image' => '20240517062424_2024-05-17 06.23.04.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '4368', 'magazine_issue_id' => '1281', 'magazine_category_id' => '39', 'title' => 'Continued Government Spending must to Maintain Economic Momentum', 'image' => '20240414091939_2024-04-14 21.16.58.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '4307', 'magazine_issue_id' => '1280', 'magazine_category_id' => '39', 'title' => 'Without Unwavering Commitment, Meaningful Change Remains out of Reach', 'image' => '20240314074843_2024-03-14 07.44d.50.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '4258', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => '"New Doctors are Attracted to Foreign Jobs"', 'image' => '20240215100346_1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '4259', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'The Govt needs to Create a Supportive Environment', 'image' => '20240215100403_2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '4260', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'There is a Shortage of Specialised Doctors', 'image' => '20240215100414_3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '4261', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'We need to Improve the Health Insurance System', 'image' => '20240215100423_4.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '4262', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Discriminatory Behaviour is Evident in Policies of Regulating Bodies', 'image' => '20240215100434_5.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '4263', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepal has Potential to Become a Medical Tourism hub', 'image' => '20240215100444_6.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '4264', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Doctors Distribution is not Equitable', 'image' => '20240215100455_7.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '4265', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'COVID-19 was Turning Point for Star Hospital’s Growth', 'image' => '20240215100508_8.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '4266', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Govt needs to Increase Healthcare Funding', 'image' => '20240215100520_9.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '4290', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepali Diaspora will Create Commercial Linkages Between Australia and Nepal', 'image' => '20240214044139_f586b454-c751-49a2-8c96-c612df55122f.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '4209', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Despite Current Challenges, the Overall Outlook is Positive', 'image' => '20240109095510_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '4248', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Mountain Biking is an Expensive Sport', 'image' => '20240113083511_mountain-bike.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '4161', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal's LDC Graduation Should be Viewed with Optimism', 'image' => '20231215025150_Untitled-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '4162', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Majority of Grants Nepal Receives is not Because of LDC Status', 'image' => '20231215025517_Untitledsd-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '4163', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Sustained & Open Communication with Stakeholders is Paramount', 'image' => '20231215025927_Untitlsdsdsded-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '4198', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal Should Have Made Itself Attractive to Both the Chinese and Indians', 'image' => '20231215060418_2023-12-15 18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the questions', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 164 => array( 'MagazineArticle' => array( 'id' => '1404', 'magazine_issue_id' => '957', 'magazine_category_id' => '39', 'title' => '“My challenge is to regain the reputation of NPC”', 'image' => '20160122124456_i.jpg', 'short_content' => 'We have to consolidate our expenditure programme; the trend so far is to spread the budget thinly over all places. Many programmes are duplicated and many overlaps happen between the jurisdictions of the different ministries. The roads are duplicated, i.e. they are in multiple entries everywhere and thus, when to complete and who does it always remains a question. 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18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the questions', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 164 => array( 'MagazineArticle' => array( 'id' => '1404', 'magazine_issue_id' => '957', 'magazine_category_id' => '39', 'title' => '“My challenge is to regain the reputation of NPC”', 'image' => '20160122124456_i.jpg', 'short_content' => 'We have to consolidate our expenditure programme; the trend so far is to spread the budget thinly over all places. Many programmes are duplicated and many overlaps happen between the jurisdictions of the different ministries. The roads are duplicated, i.e. they are in multiple entries everywhere and thus, when to complete and who does it always remains a question. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) ) $magazineCategory = array( 'MagazineCategory' => array( 'id' => '39', 'title' => 'Interview', 'sortorder' => '502', 'status' => true, 'created' => '0000-00-00 00:00:00', 'homepage' => true, 'modified' => '2017-05-03 15:12:10' ) ) $magazineArticle = array( 'MagazineArticle' => array( 'id' => '1404', 'magazine_issue_id' => '957', 'magazine_category_id' => '39', 'title' => '“My challenge is to regain the reputation of NPC”', 'image' => '20160122124456_i.jpg', 'short_content' => 'We have to consolidate our expenditure programme; the trend so far is to spread the budget thinly over all places. Many programmes are duplicated and many overlaps happen between the jurisdictions of the different ministries. The roads are duplicated, i.e. they are in multiple entries everywhere and thus, when to complete and who does it always remains a question. ', 'status' => true, 'publish_date' => '0000-00-00' ) ) $issue_title = array() $width = (int) 400 $height = (int) 251 $ratio = (float) 1.593625498008 $img_width = (int) 160 $img_height = (float) 100.4include - APP/View/MagazineArticles/category.ctp, line 61 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/category.ctp, line 61]Code Context<div class="category">
<span class="label label-danger">
<?php echo $this->Html->link($issue_title['MagazineIssue']['title'],
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/category.ctp' $dataForView = array( 'current_user' => null, 'logged_in' => false ) $current_user = null $logged_in = false $cat_id = '39' $magazineArticles = array( (int) 0 => array( 'MagazineArticle' => array( 'id' => '4516', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Our USP lies in Steadfast Commitment to Quality', 'image' => '20240711113026_2024-07-11 23.29.35.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 1 => array( 'MagazineArticle' => array( 'id' => '4518', 'magazine_issue_id' => '1284', 'magazine_category_id' => '39', 'title' => 'Podway System will Revolutionise Public Transport', 'image' => '20240711113215_2024-07-11 23.31.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 2 => array( 'MagazineArticle' => array( 'id' => '4401', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'We Provide Funding for Commercial Ventures and Seek Returns', 'image' => '20240517061100_2024-05-17 06.10.42.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 3 => array( 'MagazineArticle' => array( 'id' => '4405', 'magazine_issue_id' => '1282', 'magazine_category_id' => '39', 'title' => 'Nepal needs to Review Regulatory Framework to Minimise Investment Risks', 'image' => '20240517062424_2024-05-17 06.23.04.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 4 => array( 'MagazineArticle' => array( 'id' => '4368', 'magazine_issue_id' => '1281', 'magazine_category_id' => '39', 'title' => 'Continued Government Spending must to Maintain Economic Momentum', 'image' => '20240414091939_2024-04-14 21.16.58.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 5 => array( 'MagazineArticle' => array( 'id' => '4307', 'magazine_issue_id' => '1280', 'magazine_category_id' => '39', 'title' => 'Without Unwavering Commitment, Meaningful Change Remains out of Reach', 'image' => '20240314074843_2024-03-14 07.44d.50.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 6 => array( 'MagazineArticle' => array( 'id' => '4258', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => '"New Doctors are Attracted to Foreign Jobs"', 'image' => '20240215100346_1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 7 => array( 'MagazineArticle' => array( 'id' => '4259', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'The Govt needs to Create a Supportive Environment', 'image' => '20240215100403_2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 8 => array( 'MagazineArticle' => array( 'id' => '4260', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'There is a Shortage of Specialised Doctors', 'image' => '20240215100414_3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 9 => array( 'MagazineArticle' => array( 'id' => '4261', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'We need to Improve the Health Insurance System', 'image' => '20240215100423_4.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 10 => array( 'MagazineArticle' => array( 'id' => '4262', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Discriminatory Behaviour is Evident in Policies of Regulating Bodies', 'image' => '20240215100434_5.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 11 => array( 'MagazineArticle' => array( 'id' => '4263', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepal has Potential to Become a Medical Tourism hub', 'image' => '20240215100444_6.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 12 => array( 'MagazineArticle' => array( 'id' => '4264', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Doctors Distribution is not Equitable', 'image' => '20240215100455_7.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 13 => array( 'MagazineArticle' => array( 'id' => '4265', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'COVID-19 was Turning Point for Star Hospital’s Growth', 'image' => '20240215100508_8.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 14 => array( 'MagazineArticle' => array( 'id' => '4266', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Govt needs to Increase Healthcare Funding', 'image' => '20240215100520_9.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 15 => array( 'MagazineArticle' => array( 'id' => '4290', 'magazine_issue_id' => '1279', 'magazine_category_id' => '39', 'title' => 'Nepali Diaspora will Create Commercial Linkages Between Australia and Nepal', 'image' => '20240214044139_f586b454-c751-49a2-8c96-c612df55122f.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 16 => array( 'MagazineArticle' => array( 'id' => '4209', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Despite Current Challenges, the Overall Outlook is Positive', 'image' => '20240109095510_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 17 => array( 'MagazineArticle' => array( 'id' => '4248', 'magazine_issue_id' => '1278', 'magazine_category_id' => '39', 'title' => 'Mountain Biking is an Expensive Sport', 'image' => '20240113083511_mountain-bike.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 18 => array( 'MagazineArticle' => array( 'id' => '4161', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal's LDC Graduation Should be Viewed with Optimism', 'image' => '20231215025150_Untitled-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 19 => array( 'MagazineArticle' => array( 'id' => '4162', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Majority of Grants Nepal Receives is not Because of LDC Status', 'image' => '20231215025517_Untitledsd-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 20 => array( 'MagazineArticle' => array( 'id' => '4163', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Sustained & Open Communication with Stakeholders is Paramount', 'image' => '20231215025927_Untitlsdsdsded-1.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 21 => array( 'MagazineArticle' => array( 'id' => '4198', 'magazine_issue_id' => '1277', 'magazine_category_id' => '39', 'title' => 'Nepal Should Have Made Itself Attractive to Both the Chinese and Indians', 'image' => '20231215060418_2023-12-15 18.01.15.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 22 => array( 'MagazineArticle' => array( 'id' => '4148', 'magazine_issue_id' => '1276', 'magazine_category_id' => '39', 'title' => 'We Need to Deepen Our Relationship Further', 'image' => '20231119041732_2023-11-19 16.15ss.19.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 23 => array( 'MagazineArticle' => array( 'id' => '4077', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Market Certainty will Attract More Investment in Hydropower Sector', 'image' => '20231016093629_interview.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 24 => array( 'MagazineArticle' => array( 'id' => '4078', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Private Sector Should also be Involved for Cross-border Electricity Trade', 'image' => '20231016094140_interview2.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 25 => array( 'MagazineArticle' => array( 'id' => '4109', 'magazine_issue_id' => '1275', 'magazine_category_id' => '39', 'title' => 'Most Banks have a Return on Equity Below 10%', 'image' => '20231016103151_interview3.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 26 => array( 'MagazineArticle' => array( 'id' => '4041', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'Time Management Crucial for Women Entrepreneurs', 'image' => '20230916093024_asdadasd.jpg', 'short_content' => 'Seema Golchha is the Director at Golchha Organization. She spearheads the organisation's Samsung Modern Retail Division, which encompasses 14 outlets spread across Nepal, in addition to overseeing a network of over 400 sales and after-sales points. Moreover, she serves as the Director of Switch On, a multi-brand electronics and home appliances retail establishment. She is also involved in a number of organisations working in the field of women empowerment. In an interview with Madan Lamsal, Editor-in-Chief of New Business Age, Golchha talked about professional undertakings and her contributions to society. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 27 => array( 'MagazineArticle' => array( 'id' => '4067', 'magazine_issue_id' => '1274', 'magazine_category_id' => '39', 'title' => 'There are a Number of Good Policy Decisions in the Nepal Budget', 'image' => '20230916013419_adsadasdasd.jpg', 'short_content' => 'Amlan Mukherjee is the Managing Director of Unilever Nepal Ltd. He has been associated with Unilever for over three decades. He has worked with different departments of one of the largest multinational companies in the world. He is also a member of the Unilever South Asia leadership team. Madan Lamsal of New Business Age sat with Mukherjee to know more about Unilever operations in Nepal and its future plans. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 28 => array( 'MagazineArticle' => array( 'id' => '3960', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Should Seize Opportunities to Enhance Services Trade', 'image' => '20230808022909_2023-08-08 14.22.23.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 29 => array( 'MagazineArticle' => array( 'id' => '3961', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal Has a High Potential in IT Sector', 'image' => '20230808023427_2023-08-08 14.25.55.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 30 => array( 'MagazineArticle' => array( 'id' => '3962', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'NRNs Can Become the Largest Export Market for Nepal', 'image' => '20230808023907_2023-08-08 14.27.02.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 31 => array( 'MagazineArticle' => array( 'id' => '3995', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Nepal can Enjoy Preferential Access in EU Even After LDC Graduation', 'image' => '20230810040331_2023-08-10 15.19.58.jpg', 'short_content' => 'Ambassador of the European Union to Nepal, Nona Deprez, has completed her tenure. Madan Lamsal of New Business Age talked to Deprez before she left the country to take up her new assignment. They discussed various aspects of the EU-Nepal relationship and the initiatives taken during her tenure. Here are some excerpts from the interview:', 'status' => true, 'publish_date' => null ) ), (int) 32 => array( 'MagazineArticle' => array( 'id' => '4001', 'magazine_issue_id' => '1271', 'magazine_category_id' => '39', 'title' => 'Lifetime Achievement Award: Yankila Sherpa (Newbiz Business Women Summit & Awards 2023)', 'image' => '20230810044829_ltays.jpg', 'short_content' => 'Yankila Sherpa is among the pioneering women in Nepal’s trekking sector. Sherpa opened Snow Leopard Treks in the 1980s, about a decade after working in another company where she gained valuable knowledge about the country’s tourism sector. She is also the former president of Trekking Agencies’ Association of Nepal (TAAN). She talked to New Business Age on various aspects of Nepali tourism industry and women entrepreneurship. Excerpts:', 'status' => true, 'publish_date' => null ) ), (int) 33 => array( 'MagazineArticle' => array( 'id' => '3948', 'magazine_issue_id' => '1270', 'magazine_category_id' => '39', 'title' => 'There Won’t Be Shortage of Chemical Fertilisers This Year', 'image' => '20230716120326_Urmilashrestha_interview_sunilsharma (16).jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 34 => array( 'MagazineArticle' => array( 'id' => '3922', 'magazine_issue_id' => '1269', 'magazine_category_id' => '39', 'title' => 'Nepal can Relax FDI Rules for Priority Sectors', 'image' => '20230611051420_ttt.jpg', 'short_content' => 'Tim Gocher, the CEO of Dolma Fund Management, was motivated to start the company after falling in love with Nepal during a visit in 2003. Initially starting as a charity called Dolma Foundation, he later established Dolma Impact Fund, a private equity fund, to invest in Nepal. Dolma Fund Management focuses on sectors such as renewable energy, healthcare, and technology. The funds have generated over 10,000 jobs in Nepal and have made investments in companies in these sectors. The funding for the funds primarily comes from development finance institutions (DFIs). Dolma Fund Management is separate from Dolma Foundation, which is a nonprofit charity. Dolma Himalayan Energy, a subsidiary of Dolma Fund Management, focuses on large-scale solar and battery systems for consistent electricity generation. The company faces challenges in Nepal due to delays and regulatory processes. Despite struggles, Dolma Fund Management aims to attract more foreign investors to Nepal and contribute to its development.', 'status' => true, 'publish_date' => null ) ), (int) 35 => array( 'MagazineArticle' => array( 'id' => '3900', 'magazine_issue_id' => '1267', 'magazine_category_id' => '39', 'title' => 'If You Don’t Modernise Agriculture, You Will Be Left Behind: H.E. Hanan Goder Ambassador of Israel to Nepal', 'image' => '20230605014028_ASUS9123.JPG', 'short_content' => ' In a recent interview with Ambassador Hanan Goder, the Israeli ambassador to Nepal, he discussed the bilateral relations between the two countries and Israel's support to various sectors in Nepal. The ambassador highlighted the cooperation in areas such as scholarships, agriculture, health, education, and tourism. Israel has provided thousands of scholarships to Nepali professionals, who study in Israel and then implement their knowledge in Nepal. The "learn and earn" program has also helped Nepali farmers upgrade their skills through training and on-the-job experience in Israel. The ambassador emphasized the need for Nepal to modernize its agriculture sector to increase productivity and reduce the number of farmers gradually. He also discussed the positive changes happening in sectors like education, health, and technology in Nepal. However, the volume of trade between the two countries remains low, with most companies setting up offices in neighboring countries like India. The ambassador suggested that Nepal can benefit from Israeli expertise in areas such as textiles and plastic equipment production. He also highlighted Israel's success as a startup nation and encouraged Nepal to promote entrepreneurship and research and development. The interview concluded with a discussion on the implementation of an air service agreement between Nepal and Israel to facilitate direct flights and promote tourism.', 'status' => true, 'publish_date' => null ) ), (int) 36 => array( 'MagazineArticle' => array( 'id' => '3849', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => ' Govt Needs to Create Conducive Environment for ICT Growth', 'image' => '20230415083828_Clipboard40.jpg', 'short_content' => 'Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the sector.', 'status' => true, 'publish_date' => null ) ), (int) 37 => array( 'MagazineArticle' => array( 'id' => '3850', 'magazine_issue_id' => '1266', 'magazine_category_id' => '39', 'title' => 'We are Encouraging Private Sector to Embrace Responsible Business Practices', 'image' => '20230415083911_Clipboard38.jpg', 'short_content' => 'The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. ', 'status' => true, 'publish_date' => null ) ), (int) 38 => array( 'MagazineArticle' => array( 'id' => '3803', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Nepal will be Attractive for Businesses Once There is Political Stability', 'image' => '20230306023939_Clipboard51.jpg', 'short_content' => 'Elisabeth von Capeller is the ambassador of the Switzerland to Nepal. She has in-depth knowledge of Nepal's development initiatives, having worked at the Swiss Development Cooperation's Nepal office in 2007.', 'status' => true, 'publish_date' => null ) ), (int) 39 => array( 'MagazineArticle' => array( 'id' => '3818', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => 'Chhabi Bakes Offers Quality and Taste of International Standard', 'image' => '20230306032706_Clipboard48.jpg', 'short_content' => 'With a bright, innocent, and heartwarming smile, Chhabi Lal Gurung is the face of Chhabi Bakes - one of Nepal's finest pastry shops', 'status' => true, 'publish_date' => null ) ), (int) 40 => array( 'MagazineArticle' => array( 'id' => '3819', 'magazine_issue_id' => '1265', 'magazine_category_id' => '39', 'title' => ' Incentives Encourage Remittances Through Formal Channels', 'image' => '20230311064716_Clipboard03.jpg', 'short_content' => 'Chandra Tandan is the Managing Director of City Express Money Transfer Pvt Ltd. He is also the president of the Nepal Remitters Association - an industry lobby of remittance companies operating in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 41 => array( 'MagazineArticle' => array( 'id' => '3777', 'magazine_issue_id' => '1264', 'magazine_category_id' => '39', 'title' => 'Covid Claims Will be Settled Soon', 'image' => '20230210072917_Clipboard56.jpg', 'short_content' => 'We implemented changes in insurance regulations to curb malpractices in the industry. While we were not fully successful, there were some positive outcomes. One issue we addressed was the delay in the payment of claims.', 'status' => true, 'publish_date' => null ) ), (int) 42 => array( 'MagazineArticle' => array( 'id' => '3747', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'No Liquidity Crisis in Banks', 'image' => '20230108052833_Anilkumarupadhya 2.jpg', 'short_content' => 'Anil Kumar Upadhyay was the CEO of Agriculture Development Bank Ltd till recently. He was also the president of the Nepal Bankers Association - the association of CEOs of commercial banks in the country till his retirement from ADBL CEO.', 'status' => true, 'publish_date' => null ) ), (int) 43 => array( 'MagazineArticle' => array( 'id' => '3751', 'magazine_issue_id' => '1262', 'magazine_category_id' => '39', 'title' => 'GOVT MUST BE CONSERVATIVE TO KEEP ECONOMY UNDER CONTROL', 'image' => '20230109085010_Clipboard19.jpg', 'short_content' => 'Himalaya Shumsher Rana, Nepal's first Finance Secretary, is best known as the country's first Governor of the Nepal Rastra Bank. After the political change of 1950, Rana became the Finance Secretary and held the position of central bank governor from April 26, 1956 to February 7, 1961.', 'status' => true, 'publish_date' => null ) ), (int) 44 => array( 'MagazineArticle' => array( 'id' => '3722', 'magazine_issue_id' => '1261', 'magazine_category_id' => '39', 'title' => 'IN EVERY GERMAN CITY, YOU FIND Nepali tea', 'image' => '20221211075103_Clipboard64.jpg', 'short_content' => 'Dr Thomas Prinz, Ambassador of the Federal Republic of Germany to Nepal for over a year, talked to Editor-In-Chief Madan Lamsal of the New Business Age on wide range of issues including Nepal-Germany relationships, getting access for Nepali products to Germany, and German financial assistance to Nepal’s development.', 'status' => true, 'publish_date' => null ) ), (int) 45 => array( 'MagazineArticle' => array( 'id' => '3705', 'magazine_issue_id' => '1258', 'magazine_category_id' => '39', 'title' => 'HUGE QUANTITY OF FOOTWEAR IS SMUGGLED INTO NEPAL', 'image' => '20221116081135_Clipboard07.jpg', 'short_content' => 'Amir Pratap Rana is the Managing Director of Kiran Shoes Manufacturers Pvt Ltd - the producer of the popular Hathi (elephant) brand of Hawaii slippers and Goldstar shoes.', 'status' => true, 'publish_date' => null ) ), (int) 46 => array( 'MagazineArticle' => array( 'id' => '3661', 'magazine_issue_id' => '1240', 'magazine_category_id' => '39', 'title' => 'Chovar Dry Port is Likely to be a White Elephant for Some Years', 'image' => '20221019091330_Clipboard54.jpg', 'short_content' => 'R.B. Rauniar is the managing director of Interstate Multimodal Transport Pvt Ltd. He is widely regarded as the pioneer of interstate multimodal transport and dry port in Nepal. ', 'status' => true, 'publish_date' => null ) ), (int) 47 => array( 'MagazineArticle' => array( 'id' => '3628', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'NEPAL SHOULD TARGET 5 MILLION TOURISTS', 'image' => '20220912121616_Abdullah2.jpg', 'short_content' => 'Abdullah Tuncer Kececi, the general manager of Turkish Airlines for Nepal, is returning after successfully leading the Nepal operations of the national carrier of Turkey for more than six years and taking up a position in Africa.', 'status' => true, 'publish_date' => null ) ), (int) 48 => array( 'MagazineArticle' => array( 'id' => '3629', 'magazine_issue_id' => '1239', 'magazine_category_id' => '39', 'title' => 'Banking will be the First Sector to Adopt Distributed Ledger Technology', 'image' => '20220912122400_MMMM.jpg', 'short_content' => 'Michael Siddhi is the Head of Transaction Banking at Standard Chartered Bank Nepal Limited. With almost two decades of banking experience in Qatar and Nepal, he is responsible for developing and implementing transaction banking strategy covering both cash & trade products through sales, implementations, product management & commercialization including digital channels.', 'status' => true, 'publish_date' => null ) ), (int) 49 => array( 'MagazineArticle' => array( 'id' => '3598', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Govt Doesn’t Trust Nepali IT Companies', 'image' => '20220808125611_Clipboard06.jpg', 'short_content' => 'Golchha Organisation has a distinct history in Nepal's industrial sector. The conglomerate, which entered Nepal's industrial sector entering jute business years ago, has diversified to many areas now.', 'status' => true, 'publish_date' => null ) ), (int) 50 => array( 'MagazineArticle' => array( 'id' => '3599', 'magazine_issue_id' => '1232', 'magazine_category_id' => '39', 'title' => 'Nepal Needs Course Correction to Avoid Sri Lanka-like Crisis', 'image' => '20220808125921_Clipboard05.jpg', 'short_content' => 'Bijan Pant is a development economist. He is an advisor at Oxford Poverty and Human Development Initiative (OPHI), Secretariat MPPN, Oxford University. He has been serving as the chair of the Institute of Public Policy and Action Research (IIPAR) since 2015', 'status' => true, 'publish_date' => null ) ), (int) 51 => array( 'MagazineArticle' => array( 'id' => '3544', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'Increasing Production Key to Reducing Trade Deficit', 'image' => '20220704015434_13.jpg', 'short_content' => 'Naindra Prasad Upadhaya is a former commerce secretary during when one of his major contributions was to give continuity to TIFA Council Meeting with USA and achieve preferential market access in US for Nepali products in 77 harmonized tariff lines', 'status' => true, 'publish_date' => null ) ), (int) 52 => array( 'MagazineArticle' => array( 'id' => '3545', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'A Liquidity Crisis cannot be Solved Quickly', 'image' => '20220704015918_Clipboard65.jpg', 'short_content' => 'Ratnaraj Bajracharya is the Chief Executive Officer of Global IME Bank Ltd. Madan Lamsal, the Editor-in-Chief of New Business Age, recently talked to the seasoned banker on the lack of liquidity in the financial system and other issues related to the Nepali banking industry. ', 'status' => true, 'publish_date' => null ) ), (int) 53 => array( 'MagazineArticle' => array( 'id' => '3546', 'magazine_issue_id' => '1217', 'magazine_category_id' => '39', 'title' => 'NEPAL NEEDS MORE AIR ENTRY POINTS : Suresh Prabhu', 'image' => '20220704020255_Clipboard73.jpg', 'short_content' => 'A chartered accountant by profession, Suresh Prabhu is an Indian politician. He served as Union Power Minister (2000-02), Union Railways Minister (2014-17), and Union Commerce and Industry Minister (2017-19) of the Government of India', 'status' => true, 'publish_date' => null ) ), (int) 54 => array( 'MagazineArticle' => array( 'id' => '3472', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Accessing Bank Financing is Difficult for Women Entrepreneurs', 'image' => '20220607103004_Clipboard66.jpg', 'short_content' => 'Dr. Pratibha Pandey is the founder and CEO of Harveda Botanicals and Catalyst Technology. But she prefers to identify herself as a science entrepreneur.', 'status' => true, 'publish_date' => null ) ), (int) 55 => array( 'MagazineArticle' => array( 'id' => '3474', 'magazine_issue_id' => '1174', 'magazine_category_id' => '39', 'title' => 'Import Ban a Knee-jerk Reaction of the Government', 'image' => '20220607103604_Clipboard72.jpg', 'short_content' => 'Gokarna Raj Awasthi is the Director General of the Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) - the apex body of Nepali private sector.', 'status' => true, 'publish_date' => null ) ), (int) 56 => array( 'MagazineArticle' => array( 'id' => '3409', 'magazine_issue_id' => '1145', 'magazine_category_id' => '39', 'title' => 'Team Work is Important for Business', 'image' => '20220509062502_INTER3.jpg', 'short_content' => 'Ram Lal Shrestha is the Founding Chairperson of the ICTC Group. Coming from a bureaucratic family, he joined the government service but soon resigned and built his business empire.', 'status' => true, 'publish_date' => null ) ), (int) 57 => array( 'MagazineArticle' => array( 'id' => '3353', 'magazine_issue_id' => '1118', 'magazine_category_id' => '39', 'title' => 'Business Should Be Beneficial to People', 'image' => '20220406113100_Clipboard64.jpg', 'short_content' => 'Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS)—the authorized distributor of Toyota in Nepal. UTS is a member of Vaidya’s Organisation of Industries and Trading Houses (VOITH) which has varied business interests in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 58 => array( 'MagazineArticle' => array( 'id' => '3282', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Along with economic reforms our governance style should also change', 'image' => '20220312065403_Clipboard69.jpg', 'short_content' => 'Dr Biswo Nath Poudel is the Vice Chairperson of the National Planning Commission. Madan Lamsal, Editor-in-Chief of New Business Age, recently sat down with Poudel to talk about the country’s post-COVID economy and other relevant issues.', 'status' => true, 'publish_date' => null ) ), (int) 59 => array( 'MagazineArticle' => array( 'id' => '3283', 'magazine_issue_id' => '1087', 'magazine_category_id' => '39', 'title' => 'Monetary policy review addresses everything required for the macroeconomics', 'image' => '20220312065840_Clipboard71.jpg', 'short_content' => 'Anirvan Ghosh Dastidar is the CEO of Standard Chartered Bank Nepal Ltd. During the course of his career, he has worked in countries like India, the Philippines, Sri Lanka and Brunei. ', 'status' => true, 'publish_date' => null ) ), (int) 60 => array( 'MagazineArticle' => array( 'id' => '3234', 'magazine_issue_id' => '1043', 'magazine_category_id' => '39', 'title' => '"Dabur plans to invest nearly Rs. 10 billion over the next five years"', 'image' => '20220213084608_Clipboard39.jpg', 'short_content' => 'Harkirat Singh Bedi is the Business Head of Dabur Nepal and Myanmar. He came to Nepal as the Head of Sales and Marketing in 2007 and has served for fourteen years in various capacities, including as the Country Manager of Dabur Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 61 => array( 'MagazineArticle' => array( 'id' => '3202', 'magazine_issue_id' => '1030', 'magazine_category_id' => '39', 'title' => '"Nepal's liquor has the potential to become a top export product"', 'image' => '20220108032828_353.jpg', 'short_content' => 'Ravi KC is the Chairman of Yeti Distillery Private Ltd, a leading liquor company in Nepal with a portfolio of major brands such as Old Durbar – Whisky, Old Durbar Black Chimney – Whisky, Old Forester – Whisky, 8848 – Vodka, Abominable Snowman – Gin.', 'status' => true, 'publish_date' => null ) ), (int) 62 => array( 'MagazineArticle' => array( 'id' => '3174', 'magazine_issue_id' => '1029', 'magazine_category_id' => '39', 'title' => '“Regulatory interventions in the banking sector should only be for a short term”', 'image' => '20211211090151_Clipboard27.jpg', 'short_content' => 'The banking sector is once again facing a shortage of lendable funds, driving up interest rates. This comes at a time when the economic activities are gradually returning to normality. Nepal Rastra Bank (NRB) recently intervened in the market to cap the rate that a bank can increase on deposits.', 'status' => true, 'publish_date' => null ) ), (int) 63 => array( 'MagazineArticle' => array( 'id' => '3151', 'magazine_issue_id' => '1028', 'magazine_category_id' => '39', 'title' => '"Nepal's exports will reach Rs 300 billion by the end of FY2021/22 if the current pace of export continues"', 'image' => '20211113081722_iii.jpg', 'short_content' => 'International trade and commerce have undergone a monumental change over the past 18 months. While the situation has returned to normalcy in recent months as the pandemic subsides,', 'status' => true, 'publish_date' => null ) ), (int) 64 => array( 'MagazineArticle' => array( 'id' => '3126', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“Daraz Nepal is on the path to becoming a USD 100 million company in terms of sales”', 'image' => '20211006092527_11.jpg', 'short_content' => 'Since the Covid-19 pandemic, most businesses have gone through a big ordeal due to repeated lockdowns and restrictions. However, the crisis has also presented e-commerce businesses with opportunities to thrive.', 'status' => true, 'publish_date' => null ) ), (int) 65 => array( 'MagazineArticle' => array( 'id' => '3127', 'magazine_issue_id' => '1027', 'magazine_category_id' => '39', 'title' => '“There are some positive developments towards an industrial-focused economy.”', 'image' => '20211006092929_10.jpg', 'short_content' => 'With Covid-19 cases subsiding in the recent months and the government lifting most of the restrictions, economic activities have gained momentum and businesses and industries are now trying to operate normally. ', 'status' => true, 'publish_date' => null ) ), (int) 66 => array( 'MagazineArticle' => array( 'id' => '3099', 'magazine_issue_id' => '1026', 'magazine_category_id' => '39', 'title' => ' “The government has a major role to play to resolve the issue at a time when NEA and industrialists are at loggerheads.”', 'image' => '20210905082301_Clipboard35.jpg', 'short_content' => 'The electricity tariff dispute over dedicated feeders and trunk lines has dragged on for a long time. It was expected that a concrete decision would be taken to resolve the issue as soon as the appointment of the new energy minister was done', 'status' => true, 'publish_date' => null ) ), (int) 67 => array( 'MagazineArticle' => array( 'id' => '3073', 'magazine_issue_id' => '1025', 'magazine_category_id' => '39', 'title' => '“Unilever is extremely buoyant and committed to Nepal operation”', 'image' => '20210807050702_Clipboard28.jpg', 'short_content' => 'Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods (FMCG) company produces soaps, detergents, shampoos, skin care products, toothpastes, cosmetics, and tea.', 'status' => true, 'publish_date' => null ) ), (int) 68 => array( 'MagazineArticle' => array( 'id' => '3053', 'magazine_issue_id' => '1024', 'magazine_category_id' => '39', 'title' => '“Forced mergers will not produce intended results even if the intention of the regulator is good.”', 'image' => '20210630090421_46757.jpg', 'short_content' => 'As the Covid-19 pandemic continues to affect all sectors, banks have also found themselves surrounded by several challenges. Over the past year, banks have endured disruptions in daily operations, reduction in income and decline in profits amidst high competition between the banks themselves.', 'status' => true, 'publish_date' => null ) ), (int) 69 => array( 'MagazineArticle' => array( 'id' => '3033', 'magazine_issue_id' => '1023', 'magazine_category_id' => '39', 'title' => '“Nepal should find new growth sources to enhance value addition, increase exports and reduce over-dependence on single market”', 'image' => '20210531023602_Clipboard19.jpg', 'short_content' => 'Nepal has been making concerted efforts to make exports sustainable since 2004 with the launch of the Diagnostic Trade Integration Studies (DTIS). The programme, however, was not successful in achieving the desired results because of flaws in implementation.', 'status' => true, 'publish_date' => null ) ), (int) 70 => array( 'MagazineArticle' => array( 'id' => '3010', 'magazine_issue_id' => '1022', 'magazine_category_id' => '39', 'title' => '“We aspire to be a DIGITAL SERVICE OPERATOR by 2025”', 'image' => '20210504033409_Andy Chong, CEO and Managing Director Ncell.jpg', 'short_content' => 'Since its inception 16 years ago, mobile service provider Ncell continues to be a major force in the Nepali telecommunications market. The company, which became a part of the Malaysian multinational conglomerate Axiata Group Berhad in April 2016, is not only one of the largest taxpayers in Nepal', 'status' => true, 'publish_date' => null ) ), (int) 71 => array( 'MagazineArticle' => array( 'id' => '2988', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => ' “We will continue to be a flag-bearer for Nepal”', 'image' => '20210330085154_2.jpg', 'short_content' => 'Standard Chartered Bank Nepal Limited (SCBNL) has been in operation in Nepal since 1987. This is the only international bank currently operating in Nepal.', 'status' => true, 'publish_date' => null ) ), (int) 72 => array( 'MagazineArticle' => array( 'id' => '2989', 'magazine_issue_id' => '1021', 'magazine_category_id' => '39', 'title' => '“Our campaign envisions to improve Nepal’s rank in the Doing Business Index by 30 spots in the next five years.”', 'image' => '20210330085559_3.jpg', 'short_content' => 'Last month, the Confederation of Nepalese Industries (CNI) launched the ‘Make in Nepal-Swadeshi’ campaign setting some ambitious targets to boost Nepal's industrial productivity. ', 'status' => true, 'publish_date' => null ) ), (int) 73 => array( 'MagazineArticle' => array( 'id' => '2950', 'magazine_issue_id' => '1020', 'magazine_category_id' => '39', 'title' => '“There is concern about penalising banks struggling to meet directed lending requirements”', 'image' => '20210305085204_Clipboard36.jpg', 'short_content' => 'Nepal Rastra Bank (NRB) recently unveiled mid-term review of the Monetary Policy for the current fiscal year 2020/21 with no major changes. NRB decided to continue implementing its expansionary monetary policy.', 'status' => true, 'publish_date' => null ) ), (int) 74 => array( 'MagazineArticle' => array( 'id' => '2924', 'magazine_issue_id' => '1019', 'magazine_category_id' => '39', 'title' => '“Mega Bank’s current focuses are digitalisation of services and increasing its presence in agriculture and SME sectors”', 'image' => '20210203104128_aadsa.jpg', 'short_content' => 'Covid-19 pandemic has dealt a massive blow to the Nepali business sector. But every cloud has a silver lining. Lately, corporate institutions are adapting to the ‘new normal’ to continue their activities. The changes are most visible in the banking and financial sector as banks have resorted to using information technology to provide services to their clients. Anupama Khunjeli, CEO of Mega Bank Limited, sees opportunities for banks amid the crisis.', 'status' => true, 'publish_date' => null ) ), (int) 75 => array( 'MagazineArticle' => array( 'id' => '2851', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '"We need to avoid the shadow of political uncertainty over the already shattered economy.”', 'image' => '20210114012114_Clipboard10.jpg', 'short_content' => 'The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has elected a new leadership seemingly ending months of uncertainty and wrangling surrounding its 54th AGM with the election of its Senior Vice President and the executive committee. ', 'status' => true, 'publish_date' => null ) ), (int) 76 => array( 'MagazineArticle' => array( 'id' => '2852', 'magazine_issue_id' => '1018', 'magazine_category_id' => '39', 'title' => '“Covid-19 can be an opportunity for the growth of startups in Nepal.”', 'image' => '20210114012426_Mahesh Murthy 3.jpg', 'short_content' => 'Mahesh Murthy is an innovative investor, entrepreneur and speaker. He founded Passionfund, Seedfund and Pinstorm to invest and guide startups. Seedfund, India’s leading venture capital was twice voted ‘India’s best early-stage fund’ by an independent publication surveying Limited Partners in 2010 and 2013.', 'status' => true, 'publish_date' => null ) ), (int) 77 => array( 'MagazineArticle' => array( 'id' => '2820', 'magazine_issue_id' => '1017', 'magazine_category_id' => '39', 'title' => '“NRB stands ready to take judicious and balanced decisions as the situation evolves.”', 'image' => '20201219035953_inter.jpg', 'short_content' => 'After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic activities', 'status' => true, 'publish_date' => null ) ), (int) 78 => array( 'MagazineArticle' => array( 'id' => '2793', 'magazine_issue_id' => '1016', 'magazine_category_id' => '39', 'title' => 'Restrictions need to be avoided to keep the wheels of the economy rolling', 'image' => '20201106023949_Clipboard04.jpg', 'short_content' => 'In the last six months of the Covid-19 pandemic, Nepal has gone through a full-blown economic crisis. With the outbreak of the coronavirus showing no signs of abating, the outlook for recovery remains unclear sending the country’s private sector into a state of disarray.', 'status' => true, 'publish_date' => null ) ), (int) 79 => array( 'MagazineArticle' => array( 'id' => '2717', 'magazine_issue_id' => '1015', 'magazine_category_id' => '39', 'title' => '“Industries need government protection not only to survive the current crisis but also to thrive in the future.”', 'image' => '20200917115542_Clipboard02.jpg', 'short_content' => 'The four months long lockdown followed by the lifting of the restrictions and return to the prohibitory orders amid a surge in coronavirus infections has disrupted almost all industrial, business and development activities in the country like never before. However, there are some businesspersons who are looking to turn the challenges into opportunities even in this gloomy environment', 'status' => true, 'publish_date' => null ) ), (int) 80 => array( 'MagazineArticle' => array( 'id' => '2694', 'magazine_issue_id' => '1014', 'magazine_category_id' => '39', 'title' => '“NSBL is currently focused on investing in its IT platform capabilities and establishing strategic tie ups across the world”', 'image' => '20200817015218_INTER.jpg', 'short_content' => 'The first Nepal-India joint venture bank Nepal SBI Bank Limited (NSBL) recently celebrated its 27th anniversary. Over the years, the bank has established itself as a major player in the Nepali banking sector with its focus on banking innovation, use of technology and efficient banking services to cater to the needs of its one million strong customer base.', 'status' => true, 'publish_date' => null ) ), (int) 81 => array( 'MagazineArticle' => array( 'id' => '2669', 'magazine_issue_id' => '1013', 'magazine_category_id' => '39', 'title' => '“Sastodeal will invest to improve its product delivery cycle and strengthen human resource and technology”', 'image' => '20200720010851_Amun Thapa Founder & CEO of Sasto Deal, Photo By Prakash K (2).jpg', 'short_content' => 'At a time when most of the businesses in Nepal have been forced to deal with the strong headwinds created by the Covid-19 pandemic, the lockdown actually has turned out to be a watershed moment for e-commerce to grow in prominence.', 'status' => true, 'publish_date' => null ) ), (int) 82 => array( 'MagazineArticle' => array( 'id' => '2641', 'magazine_issue_id' => '1012', 'magazine_category_id' => '39', 'title' => '“The recovery will be ‘V’ shaped for a few sectors, whereas it will be a ‘U’ shaped one for a lot of other sectors.”', 'image' => '20200630083940_Clipboard20.jpg', 'short_content' => 'The Covid-19 pandemic has translated into a global economic crisis and a developing country like Nepal finds itself surrounded by unprecedented economic headwinds. The lockdown imposed by the government to stop the spread of coronavirus has aggravated the crisis with the economic engine of the country coming to an abrupt halt and all sectors of the economy being hard hit by the global health emergency. ', 'status' => true, 'publish_date' => null ) ), (int) 83 => array( 'MagazineArticle' => array( 'id' => '2619', 'magazine_issue_id' => '1011', 'magazine_category_id' => '39', 'title' => 'High capital adequacy ratio (CAR) of commercial banks will help them to withstand the current shock.', 'image' => '20200513042248_Clipboard01.jpg', 'short_content' => 'The COVID-19 pandemic has impacted the operation of commercial banks like other institutions. Not only facing difficulties to provide banking services to their clients in the wake of restrictions in the movement of people which has been in place since March 24, trouble is growing for banks interms of business growth and earnings.', 'status' => true, 'publish_date' => null ) ), (int) 84 => array( 'MagazineArticle' => array( 'id' => '2595', 'magazine_issue_id' => '1010', 'magazine_category_id' => '39', 'title' => '“The scale, scope, complexity, regulations all have evolved and we are well poised to face future challenges”', 'image' => '20200415032613_Clipboard02.jpg', 'short_content' => 'At a time when the Nepali banking sector is undergoing a transformation, Standard Chartered Bank Nepal (SCBN) is diversifying its activities in line with the socio-economic changes taking place in the country. The bank, which was established in 1987, is now focusing on expanding its presence in both retail as well as corporate and institutional banking.', 'status' => true, 'publish_date' => null ) ), (int) 85 => array( 'MagazineArticle' => array( 'id' => '2566', 'magazine_issue_id' => '1009', 'magazine_category_id' => '39', 'title' => ''' Duplication in taxation has added to the cost of doing business''', 'image' => '20200307024609_Clipboard01.jpg', 'short_content' => 'At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as being crucial in terms of how meaningfully the new leadership can intervene at the policy level to create a better investment climate in the country. ', 'status' => true, 'publish_date' => null ) ), (int) 86 => array( 'MagazineArticle' => array( 'id' => '2733', 'magazine_issue_id' => '1006', 'magazine_category_id' => '39', 'title' => '“The unnecessary controversy over MCC will erode Nepal’s credibility and image globally.”', 'image' => '20201010010846_Clipboard14.jpg', 'short_content' => 'Former Finance Minister and Nepali Congress leader Dr Ram Sharan Mahat’s new book, ‘Trials, Tremors and Hopes’, has recently hit the bookstands. In the book, Mahat, who was one of the key players to lead the first generation of reforms in the 1990s', 'status' => true, 'publish_date' => null ) ), (int) 87 => array( 'MagazineArticle' => array( 'id' => '2759', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“CDC can value add to Nepal’s growth through the investments and partnerships with local businesses”', 'image' => '20201013011931_Clipboard14.jpg', 'short_content' => 'A relatively new player in Nepal, Commonwealth Development Corporation (CDC) Group has been quite active in Nepal this year. In 2019 alone, the group has invested USD 47 million in three projects comprising both equity and debts.', 'status' => true, 'publish_date' => null ) ), (int) 88 => array( 'MagazineArticle' => array( 'id' => '2760', 'magazine_issue_id' => '1005', 'magazine_category_id' => '39', 'title' => '“The awards are a validation of the kind of work we are doing”', 'image' => '20201013012003_Clipboard04.jpg', 'short_content' => 'Established in 1965, Soaltee Crowne Plaza is one of the leading hotels in Nepal. The pioneering five-star hotel is also regarded as a prime MICE center in the country which has hosted several events of national importance throughout its history. ', 'status' => true, 'publish_date' => null ) ), (int) 89 => array( 'MagazineArticle' => array( 'id' => '2534', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'UT-1 IS THE BEST IN IS THE BEST IN TERMS OF DRY ENERGY ', 'image' => '20200224060137_Clipboard18.jpg', 'short_content' => '', 'status' => true, 'publish_date' => null ) ), (int) 90 => array( 'MagazineArticle' => array( 'id' => '2535', 'magazine_issue_id' => '1007', 'magazine_category_id' => '39', 'title' => 'THERE IS A PROMISING FUTURE FOR ONLINE SHOPPING IN NEPAL', 'image' => '20200224060544_Clipboard15.jpg', 'short_content' => 'Daraz, the largest online shopping platform in Nepal, has been focusing a lot on improving its overall customer experience. After its acquisition by Alibaba in May 2018, Daraz has been learning and benefitting from the proficiency of the Chinese e-commerce giant.', 'status' => true, 'publish_date' => null ) ), (int) 91 => array( 'MagazineArticle' => array( 'id' => '2893', 'magazine_issue_id' => '1003', 'magazine_category_id' => '39', 'title' => '"Consolidating federalism and maximising finance for development are some of our key priorities"', 'image' => '20210116074546_Clipboard49.jpg', 'short_content' => 'This year marks the World Bank Group's 50th anniversary of its engagement with Nepal. In 1969, the multilateral development agency provided its first credit to Nepal for telecommunications sector development', 'status' => true, 'publish_date' => null ) ), (int) 92 => array( 'MagazineArticle' => array( 'id' => '2870', 'magazine_issue_id' => '1001', 'magazine_category_id' => '39', 'title' => ''We want to be a bank which is friendly, easy and digitally forward looking'', 'image' => '20210115013040_Clipboard20.jpg', 'short_content' => 'Standard Chartered Bank Nepal, one of Nepal's leading commercial banks, is gradually shedding its image as a conservative bank with an aggressive strategy.', 'status' => true, 'publish_date' => null ) ), (int) 93 => array( 'MagazineArticle' => array( 'id' => '2843', 'magazine_issue_id' => '1000', 'magazine_category_id' => '39', 'title' => '“Integrity, clear vision, competence and courage define a good leader”', 'image' => '20210112013102_787.jpg', 'short_content' => 'Shiv Khera’s cap is embellished with numerous feathers. A distinguished author, educator, business consultant and a celebrated motivational speaker, Khera has travelled the globe', 'status' => true, 'publish_date' => null ) ), (int) 94 => array( 'MagazineArticle' => array( 'id' => '2491', 'magazine_issue_id' => '998', 'magazine_category_id' => '39', 'title' => '“There are over 50 Nepali startups with big potentials to enter the international market”', 'image' => '20190508082818_121.jpg', 'short_content' => 'Despite some progress seen in recent years, particularly due to startups in the country, Nepal has not been able to foster an environment where innovative minds can come up front and take the country’s economy to the next level. The Global Innovation Index indicates this as Nepal ranked 108 in 2018 out of 126 countries. While it is a jump up for Nepal from its 128th spot in the index in 2013, much still needs to be done in order to make innovation and entrepreneurship the major drivers of Nepal’s economic growth. ', 'status' => true, 'publish_date' => null ) ), (int) 95 => array( 'MagazineArticle' => array( 'id' => '2475', 'magazine_issue_id' => '997', 'magazine_category_id' => '39', 'title' => '“High cost of economy has hindered Nepal from coming out of the ‘Dutch Disease’ despite the end of the political transition”', 'image' => '20190407105623_Dr Posh Raj Pandey.jpg', 'short_content' => 'For a long time, Nepal’s economy has remained constrained by several problems in trade and investments. The constraints have become even more visible in recent times with problems in the country’s external sector and decreasing domestic and foreign investments. ', 'status' => true, 'publish_date' => null ) ), (int) 96 => array( 'MagazineArticle' => array( 'id' => '2442', 'magazine_issue_id' => '996', 'magazine_category_id' => '39', 'title' => '“Capitalisation of banks is an important factor when it comes to meet the credit needs of the economy.” ', 'image' => '20190311124332_Interview_5.jpg', 'short_content' => 'Ever since its establishment in 1992 as the first Nepal-India banking joint venture, Nepal SBI Bank has remained a major commercial bank in Nepal backed by strong financials, efficient delivery of services, technological adaptations/innovations and skilled human resources. ', 'status' => true, 'publish_date' => null ) ), (int) 97 => array( 'MagazineArticle' => array( 'id' => '2397', 'magazine_issue_id' => '995', 'magazine_category_id' => '39', 'title' => '“Liquidity related problems, interest rate stability and optimum utilisation of available financial means are NRB’s current focuses.” ', 'image' => '20190212010518_Clipboard25.jpg', 'short_content' => 'Nepal’s financial sector and the capital market have been facing several mounting challenges. There are a number of problems threatening the financial stability of the country such as the acute shortage of investible funds in the banking system which has been a recurring factor for some years now. ', 'status' => true, 'publish_date' => null ) ), (int) 98 => array( 'MagazineArticle' => array( 'id' => '2363', 'magazine_issue_id' => '993', 'magazine_category_id' => '39', 'title' => '“Outside interferences in central bank will increase if the governor doesn't stand strong.”', 'image' => '20190122122342_H samsher.jpg', 'short_content' => 'Himalaya Sumsher JB Rana With the problems growing in the country’s financial system, Nepal Rastra Bank (NRB) is finding it difficult to play its role as the banking sector regulator. From the recurring short supply of investment-grade liquidity in the banking system to achieving the objective of bank mergers, NRB has been coping with several issues all at once.', 'status' => true, 'publish_date' => null ) ), (int) 99 => array( 'MagazineArticle' => array( 'id' => '2343', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => '"I believe in a colourful, diverse and inclusive world"', 'image' => '20181215035136_prabal.jpg', 'short_content' => 'Photo Kathmandu 2018, the 3rd edition of the marquee photography festival, took place in and around Patan Durbar Square from October 12 to November 16. This year, the festival endeavoured to present a spotlight ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 100 => array( 'MagazineArticle' => array( 'id' => '2344', 'magazine_issue_id' => '992', 'magazine_category_id' => '39', 'title' => 'Private sector investments are important for Nepal to achieve a production-driven growth strategy ', 'image' => '20181215040247_worldbnak interview.jpg', 'short_content' => 'The partnership between Nepal and The World Bank Group can be traced back to 1963 when a team from the Washington, DC-based international development agency visited Nepal for the first time in November, 1963.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 101 => array( 'MagazineArticle' => array( 'id' => '2316', 'magazine_issue_id' => '991', 'magazine_category_id' => '39', 'title' => '“High-end tourism will develop as more 5-star properties Like Tiger Palace Resort come to Nepal”', 'image' => '20181111081456_Tiger palace1.jpg', 'short_content' => 'Silver Heritage Group, a renowned gaming operator in Asia, has been operating an international class casino The Millionaire’s Club and Casino at Shangri La Hotel in Kathmandu. The group’s latest offering is the Tiger Palace Resort. Located in Bhairahawa, the integrated entertainment destination had its grand opening in March of this year.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 102 => array( 'MagazineArticle' => array( 'id' => '2284', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '" The next industry disruptor has strong potential to emerge from the eastern part of the world.” ', 'image' => '20181005014357_Clipboard02.jpg', 'short_content' => 'The Global Brainstorm is an event for Global Entrepreneurship Week (GEW), an international initiative started in 2008 aimed at introducing entrepreneurship among the world’s youth. It was launched in the United Kingdom to connect the Global Entrepreneurship Network via informative and inspiring interactions, live online.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 103 => array( 'MagazineArticle' => array( 'id' => '2285', 'magazine_issue_id' => '990', 'magazine_category_id' => '39', 'title' => '“Values based banking has multiplier and cyclic economic, social and environmental impacts”', 'image' => '20181005020504_interview.jpg', 'short_content' => 'The Nepali banking sector has been facing several challenges. The challenges have emerged in the areas including bank financing, availability of investible funds, profit making and corporate governance.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 104 => array( 'MagazineArticle' => array( 'id' => '2234', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => '“The push and pull between entrepreneurs and governments is the essential tension of a strong capitalist system”', 'image' => '20180908112604_Clipboard04.jpg', 'short_content' => 'Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more than three decades of experience in entrepreneurial education,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 105 => array( 'MagazineArticle' => array( 'id' => '2235', 'magazine_issue_id' => '989', 'magazine_category_id' => '39', 'title' => 'Tax base has not widened to such an extent that we could rely only on direct taxes', 'image' => '20180908121123_Clipboard02.jpg', 'short_content' => 'Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the federal and local governments. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 106 => array( 'MagazineArticle' => array( 'id' => '2198', 'magazine_issue_id' => '988', 'magazine_category_id' => '39', 'title' => '“Improved Nepal-India bilateral relationship can help Nepal to actively reengage in the world affairs.”', 'image' => '20180806015801_Clipboard36.jpg', 'short_content' => 'Despite the historic social, economic and political ties between Nepal and India, the bilateral relations between the two countries have hit some major roadblocks over the years. The 1950 Nepal-IndiaTreaty of Peace and Friendship has been considered as one of the major ones. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 107 => array( 'MagazineArticle' => array( 'id' => '2183', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Growth of Nepali FMCG market is among the fastest in the world”', 'image' => '20180705010200_Clipboard35.jpg', 'short_content' => 'It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research areas of FMCG market, consumer behaviour, digital marketplace, telecommunications and social research.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 108 => array( 'MagazineArticle' => array( 'id' => '2184', 'magazine_issue_id' => '987', 'magazine_category_id' => '39', 'title' => '“Our key suggestions in increasing productive sector investments haven’t been incorporated in the budget”', 'image' => '20180705010525_Clipboard36.jpg', 'short_content' => 'The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in creating an investment-friendly atmosphere in Nepal which they hoped for after the end of the prolonged political transition.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 109 => array( 'MagazineArticle' => array( 'id' => '2152', 'magazine_issue_id' => '986', 'magazine_category_id' => '39', 'title' => '“The aim of our partnership is to develop venture capital and private equity market in Nepal”', 'image' => '20180613010226_interview.jpg', 'short_content' => 'In Nepal, where there are very few financing options available for small and medium enterprises (SMEs), managing funds becomes a herculean task just to ensure sustainability and growth in business. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 110 => array( 'MagazineArticle' => array( 'id' => '2115', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => '“Honda aims 70% share of the Nepali two-wheeler market in the next few years”', 'image' => '20180513113127_Suhrid Jyoti.JPG', 'short_content' => 'Honda is one of the largest automobile brands in Nepal and its presence in the country has spanned a period of 50 years. It all started when the leading industrial and trading conglomerate Jyoti Group started selling motorbikes of the Japanese automobile brand in the Nepali market in 1967.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 111 => array( 'MagazineArticle' => array( 'id' => '2116', 'magazine_issue_id' => '985', 'magazine_category_id' => '39', 'title' => ' “Preparation of capital budget rationally and executing it efficiently are the two long-ignored basic factors of budgeting in Nepal”', 'image' => '20180513113636_Dr Prakash Chandra Lohani.jpg', 'short_content' => 'If the politicians in power are to be believed, Nepal has entered a phase of economic development and prosperity after the three tiers of elections held last year. The country has started its exercise in federal governance and Nepalis are now looking at the horizon ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 112 => array( 'MagazineArticle' => array( 'id' => '2083', 'magazine_issue_id' => '984', 'magazine_category_id' => '39', 'title' => '“Multiple power companies are necessary to minimise the risks to the power sector posed by the failure of one entity”', 'image' => '20180402100605_Clipboard45.jpg', 'short_content' => 'The Nepal Electricity Authority (NEA), the country’s sole power off-taker, has seen a sea change in many aspects of its works after the appointment of Kulman Ghising as the Managing Director in 2016. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 113 => array( 'MagazineArticle' => array( 'id' => '2066', 'magazine_issue_id' => '983', 'magazine_category_id' => '39', 'title' => '“We have a five-year plan to mobilise Rs 36 billion in 31 projects of total capacity 3,237 MW”', 'image' => '20180311082442_Clipboard47.jpg', 'short_content' => 'Hydropower Investment and Development Company Limited (HIDCL) was established in 2011 by the government as a Special Purpose Vehicle (SPV) to expedite hydropower development by forging partnerships with the private sector, filling resource gaps, and attracting and facilitating foreign capital in hydropower projects.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 114 => array( 'MagazineArticle' => array( 'id' => '2028', 'magazine_issue_id' => '982', 'magazine_category_id' => '39', 'title' => '“Protectionism is not an economic agenda of the Left Alliance”', 'image' => '20180206013114_interview.jpg', 'short_content' => 'Dr Yubaraj Khatiwada, the former Governor of Nepal Rastra Bank and former Vice-Chairman of National Planning Commission, has a long experience in managing public economic affairs. He was one of the major architects of the election manifesto of the Left Alliance and is expected to be a key policy influencer in the new government.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 115 => array( 'MagazineArticle' => array( 'id' => '2013', 'magazine_issue_id' => '981', 'magazine_category_id' => '39', 'title' => '"Our objective is to increase insurance penetration maintaining a good level of corporate governance in the sector"', 'image' => '20180114104924_int.jpg', 'short_content' => 'The Nepali insurance sector has been going through a slew reforms after Chiranjibi Chapagain was appointed as the Chairman of the Insurance Board in January 2017. From paid-up capital increment of insurers to licensing of new companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 116 => array( 'MagazineArticle' => array( 'id' => '1984', 'magazine_issue_id' => '980', 'magazine_category_id' => '39', 'title' => '“Government can operate some economic areas, but the most of it needs to be left open for the private sector”', 'image' => '20171214112331_Clipboard49.jpg', 'short_content' => 'Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has led various institutions as chief executive during a professional career which has spanned over two and a half decades. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 117 => array( 'MagazineArticle' => array( 'id' => '1955', 'magazine_issue_id' => '979', 'magazine_category_id' => '39', 'title' => '“Private security business needs to be governed by separate law”', 'image' => '20171107111028_Clipboard13.jpg', 'short_content' => 'G4S Security Services Nepal is the largest private security solutions firm in Nepal with a presence spanning over two decades. The United Kingdom based multinational security services provider started operating', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 118 => array( 'MagazineArticle' => array( 'id' => '1926', 'magazine_issue_id' => '978', 'magazine_category_id' => '39', 'title' => '“We have a strong focus on three factors, safety, reliability of services and comfort of passengers”', 'image' => '20171008100435_lf\'sdlfsd\'l;.JPG', 'short_content' => 'After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable service in the domestic aviation sector, the company has commenced flights ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 119 => array( 'MagazineArticle' => array( 'id' => '1905', 'magazine_issue_id' => '977', 'magazine_category_id' => '39', 'title' => '“The government needs to start one-on-one discussion with businessmen in order to identify and address their issues”', 'image' => '20170910022759_per.jpg', 'short_content' => 'Moti Lal Dugar, Chairman of MV Dugar Group, is a third generation industrialist of the business family Dugar that carries a 127 year legacy. His elder brother late Tola Ram Dugar is regarded as the entrepreneur who ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 120 => array( 'MagazineArticle' => array( 'id' => '1874', 'magazine_issue_id' => '976', 'magazine_category_id' => '39', 'title' => '“Our focus in Nepal is on hard infrastructure and human capacity development”', 'image' => '20170804103856_int.JPG', 'short_content' => 'The history of Japan’s official development assistance to Nepal began with the opening of office of the Japan Overseas Cooperation Volunteer (JOVC) in 1970. In 1978, the office of the Japan International Cooperation Agency (JICA) was established in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 121 => array( 'MagazineArticle' => array( 'id' => '1851', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Leadership is the game of plus one”', 'image' => '20170710095150_in.JPG', 'short_content' => 'Internationally renowned motivational speaker and corporate trainer Prakash Rohera is an ex-banker who has three decades of experience working in global corporations including Citibank, Bank of America in India and the Indian tech giant HCL Limited.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 122 => array( 'MagazineArticle' => array( 'id' => '1852', 'magazine_issue_id' => '975', 'magazine_category_id' => '39', 'title' => '“Succession planning is absolutely important for sustainability of organisations”', 'image' => '20170710095440_Clipboard33.jpg', 'short_content' => 'Having worked in the area of human resource management for 44 years, Aquil Busrai is presently the CEO of Aquil Busrai Consulting which he founded in 2010. He has worked at various MNCs including Unilever in Kenya', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 123 => array( 'MagazineArticle' => array( 'id' => '1802', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“Radical change needed in the mindset of government and politicians”', 'image' => '20170614090404_int.jpg', 'short_content' => 'Satya Narayan Keyal, Chairman of the Birjung-based industrial conglomerate Keyal Group has been active for the past three decades in the country’s industrial and business sectors. This group which has a special focus on manufacturing construction materials has lately been more engaged in other new industrial areas and trading.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 124 => array( 'MagazineArticle' => array( 'id' => '1803', 'magazine_issue_id' => '974', 'magazine_category_id' => '39', 'title' => '“BGA seeks to help Nepal to harness available investment opportunities” ', 'image' => '20170614090708_int1.jpg', 'short_content' => 'Despite the prolonged political instability, Nepal so far has remained in the investment radar of many prospective investors across the globe as they have been eying lucrative opportunities available in the Nepali market. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 125 => array( 'MagazineArticle' => array( 'id' => '1783', 'magazine_issue_id' => '973', 'magazine_category_id' => '39', 'title' => '“US and Nepal have reached a point where both countries will see increase in bilateral trade and investment”', 'image' => '20170512111024_int.jpg', 'short_content' => 'The third meeting of Nepal-United States Trade and Investment Framework Agreement (TIFA) Council was held on April 20 in Kathmandu. Signed by Nepal and United States in April 2011, TIFA aims to expand trade, increase investment and technical cooperation and bolster economic ties between the two countries.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 126 => array( 'MagazineArticle' => array( 'id' => '1748', 'magazine_issue_id' => '972', 'magazine_category_id' => '39', 'title' => '“Our works are focused on organisational improvement and market expansion of NAC”', 'image' => '20170417105347_int.jpg', 'short_content' => 'The national flag carrier Nepal Airlines Corporation (NAC) has recently been in the limelight. The government-owned airline company is in the process of buying two new wide-body Airbus 330 aircrafts', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 127 => array( 'MagazineArticle' => array( 'id' => '1722', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“The government needs to work as per the 2072 action plan for hydropower sector development” ', 'image' => '20170321104716_int1.JPG', 'short_content' => 'More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal (IPPAN)', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 128 => array( 'MagazineArticle' => array( 'id' => '1723', 'magazine_issue_id' => '971', 'magazine_category_id' => '39', 'title' => '“Import restrictions on foreign medicines is important for the development of Nepali pharmaceutical industry”', 'image' => '20170321105111_int.jpg', 'short_content' => 'Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP certified.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 129 => array( 'MagazineArticle' => array( 'id' => '1691', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“Introduction of new FITTA, IP Act, digital signature and online payment gateway will re-energize the industrial sector”', 'image' => '20170215115135_int.jpg', 'short_content' => 'After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged political instability.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 130 => array( 'MagazineArticle' => array( 'id' => '1692', 'magazine_issue_id' => '970', 'magazine_category_id' => '39', 'title' => '“We are introducing a new beer with an investment of Rs 3 billion”', 'image' => '20170216113219_int1.jpg', 'short_content' => 'Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of Industries (JGI) represents the fifth generation of his family in this business,', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 131 => array( 'MagazineArticle' => array( 'id' => '1669', 'magazine_issue_id' => '969', 'magazine_category_id' => '39', 'title' => '“Nepal-India PTA is more important than the Indian Guidelines”', 'image' => '20170113030331_int.jpg', 'short_content' => 'Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform programmes', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 132 => array( 'MagazineArticle' => array( 'id' => '1658', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“There is a comfort level between us and our guests which helps us to connect with them very well”', 'image' => '20161216125920_int1a.jpg', 'short_content' => 'Hyatt Regency Kathmandu recently won the ‘Nepal Leading Hotel 2016’ award at the World Travel Awards held in Vietnam. The five-star hotel has bagged the recognition for the fifth time. It received the same title in', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 133 => array( 'MagazineArticle' => array( 'id' => '1659', 'magazine_issue_id' => '968', 'magazine_category_id' => '39', 'title' => '“Nepal needs to be competitive for FDI to graduate from LDC”', 'image' => '20161216010630_INT2A.jpg', 'short_content' => 'The United States Agency for International Development (USAID)has been active in Nepal for over six decades in areas including economic growth, food security, health, education, development works, climate change and peace and security.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 134 => array( 'MagazineArticle' => array( 'id' => '1627', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “There is no point in announcing monetary policy with elements contradicting the fiscal policy”', 'image' => '20161120123836_int.JPG', 'short_content' => 'Nepal Rastra Bank (NRB) received both praise and criticism from various quarters for the Monetary Policy of FY 2016/17. Nevertheless, Dr Chiranjibi Nepal, Governor of NRB is quite hopeful about the policy which he thinks', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 135 => array( 'MagazineArticle' => array( 'id' => '1630', 'magazine_issue_id' => '967', 'magazine_category_id' => '39', 'title' => ' “Soaltee Crowne Plaza always focuses on the long term picture”', 'image' => '20161123010811_int2.jpg', 'short_content' => 'Soaltee Crowne Plaza Kathmandu won an international award and also received a national recognition in less than a week in late September. The hotel bagged “Most Preferred Destination for Business Meetings, Leisure & Celebrations” in the 12th Hospitality India & Explore the World Annual International Travel Awards on September 23 and received a Letter of Appreciation from the Ministry of Culture, Tourism and Civil Aviation for “Highest contribution in Earning Foreign Exchange” on the occasion of the 37th World Tourism Day 2016 on September 27.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 136 => array( 'MagazineArticle' => array( 'id' => '1599', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => '“Nepal and Czech Republic need to invest time to better understand each other’s priorities”', 'image' => '20161007125733_in4.jpg', 'short_content' => 'Vojtěch Filipis the Vice-President of the Chamber of Deputies of the Parliament of Czech Republic. He was in Nepal last month for a four-day visit leading a high-level legislative delegation. The delegation was here to define the steps to create a new legal framework regarding the bilateral relationship between Nepal and the Central European nation. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 137 => array( 'MagazineArticle' => array( 'id' => '1600', 'magazine_issue_id' => '966', 'magazine_category_id' => '39', 'title' => ' “Nepal needs to create niche markets to uplift its overall economy”', 'image' => '20161007011040_in.JPG', 'short_content' => 'Nepal and Australia embarked on their journey of friendship by establishing diplomatic relations in 1960 and the bilateral relationship between the two countries has been strongly growing ever since. The Southern Hemisphere country is one of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 138 => array( 'MagazineArticle' => array( 'id' => '1571', 'magazine_issue_id' => '965', 'magazine_category_id' => '39', 'title' => '“Dabbawalas do ordinary tasks in extraordinary ways”', 'image' => '20160921014037_int.jpg', 'short_content' => 'Pawan G Agarwal is an international motivational speaker, author, educationist, business consultant and a successful entrepreneur. He has done his PhD on ‘Mumbai Dabbawalas’ and has delivered various sessions worldwide at top educational platforms such as TEDx, Cambridge University, CEO Talks and many Fortune 500 companies', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 139 => array( 'MagazineArticle' => array( 'id' => '1536', 'magazine_issue_id' => '964', 'magazine_category_id' => '39', 'title' => '“Private sector has bigger role in political instability marred country like Nepal”', 'image' => '20160828015544_int1.jpg', 'short_content' => 'Frost & Sullivan, a US-based consulting firm organised a conclave entitled ‘Uncovering Nepal- Exploring Trends and Emerging Opportunities’ as a part of series of briefings on emerging markets recently in Kathmandu. Founded by Lore A Frost and Dan L Sullivan in 1961 in New York, the company is a prominent global consulting firm providing services in market research, analysis and growth strategy consulting having offices over 40 countries. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 140 => array( 'MagazineArticle' => array( 'id' => '1520', 'magazine_issue_id' => '963', 'magazine_category_id' => '39', 'title' => '“Nepal being a landlocked country is not resource locked”', 'image' => '20160721040612_int.jpg', 'short_content' => 'Dato Dr Jacob George is a well known figure in Malaysia. Over the years, he has been constantly fighting for the rights of migrant workers who come to work in that Southeast Asian nation. The intense lobbying of Dr George along with other labour rights activists has led to the introduction of the ‘free visa, free ticket’ policy for migrant workers in the country. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 141 => array( 'MagazineArticle' => array( 'id' => '1497', 'magazine_issue_id' => '962', 'magazine_category_id' => '39', 'title' => '“Not expecting anything from government”', 'image' => '20160616015223_in.JPG', 'short_content' => 'After successes in multiple businesses over the years, Arun Chaudhary recently stepped into the hospitality sector. Acquiring the Tigerland Safari Resort at Chitwan, he announced that he will invest Rs 5 billion in hotels within five years.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 142 => array( 'MagazineArticle' => array( 'id' => '1483', 'magazine_issue_id' => '961', 'magazine_category_id' => '39', 'title' => '“Nepal need standard policies and Acts acceptable for international lenders”', 'image' => '20160522012629_i2.jpg', 'short_content' => 'Bo-Seuk Yi joined Nepal Water and Energy Development Company (NWEDC), the developer of 216 MW Upper Trishuli-1 Hydropower project, as the CEO some three months back, representing South Korea’s state-owned entity Korea South East Power Co. (KOSEP) that owns and operates about 10,000 MW power plants in South Korea. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 143 => array( 'MagazineArticle' => array( 'id' => '1459', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“Nepal has to explore opportunities by keeping neighbouring Indian states in mind”', 'image' => '20160421104334_Clipboard11.jpg', 'short_content' => 'Despite the historic relationship between Nepal and India, the two countries often face obstacles and impediments when it comes to bilateral trade and investment. Various tariff and non-tariff barriers have been identified but little has been done to resolve the issues. Dr Rajeev Singh, Director General of Indian Chambers of Commerce (ICC) was recently in Nepal for the Mini India Show 2016 which was held in Kathmandu from March 17-21. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 144 => array( 'MagazineArticle' => array( 'id' => '1460', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“For Huawei, affordability and the quality of products always go side-by-side”', 'image' => '20160421104733_Clipboard10.jpg', 'short_content' => 'Established in 1987, the Chinese company Huawei has evolved to become a leader in the global mobility business. Competing with big Asian and western names in the global gadget arena, the Shenzhen-based telecommunications equipment and services company has become an established brand in smartphones in the recent years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 145 => array( 'MagazineArticle' => array( 'id' => '1461', 'magazine_issue_id' => '960', 'magazine_category_id' => '39', 'title' => '“It was extremely important that GSMA recognised this success”', 'image' => '20160421105744_Clipboard09.jpg', 'short_content' => 'Ncell recently won the prestigious GSMA Global Mobile Awards 2016 in the Mobile in Emergency or Humanitarian Situations category. The award was handed out to the Nepali telecom giant and its partner Flowminder, a Swedish research foundation, at the Mobile World Congress in Barcelona on Feb 23 for their initiative aimed at helping people affected by the devastating earthquake of April 25, 2015.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 146 => array( 'MagazineArticle' => array( 'id' => '1447', 'magazine_issue_id' => '959', 'magazine_category_id' => '39', 'title' => '“Biratnagar is the most industry-friendly city in Nepal”', 'image' => '20160324123244_in.jpg', 'short_content' => 'Active in the chamber movement for the last 16 years, Shiv Shankar Agrawal is President of Chamber of Industries Morang. Presiding over the plastic and stationery major, Saraswati Group, he is founder of Koshi Plastic Manufacturers Association and executive committee member of Nepal Chamber of Commerce and FNCCI-CNI Joint Economic Council as well as a member of FNCCI’s Tax and Revenue Committee and Constitution Amendment Committee.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 147 => array( 'MagazineArticle' => array( 'id' => '1431', 'magazine_issue_id' => '958', 'magazine_category_id' => '39', 'title' => '“Tourism cannot be developed in isolation; it needs support from different sectors”', 'image' => '20160223114750_i.jpg', 'short_content' => 'Nepal Tourism Board (NTB) has finally got a new CEO after more than four years. Deepak Raj Joshi has been appointed to the crucial post which remained vacant since October 2011, when tenure of then CEO, Prachanda Man Shrestha, expired. Although the gap was filled by appointing an acting CEO, he later had to step down after facing corruption charges. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 148 => array( 'MagazineArticle' => array( 'id' => '1377', 'magazine_issue_id' => '956', 'magazine_category_id' => '39', 'title' => '“Complete replacement of Indian products by China is not possible”', 'image' => '20151228011315_in.jpg', 'short_content' => 'Dr Posh Raj Pandey is the Executive Chairman of South Asia Watch on Trade, Economics and Environment (SAWTEE), a consortium of South Asian NGOs, working to build capacity of stakeholders in the context of liberalization and globalization. Dr Pandey has been working on issues of international trade and economic development for more than 20 years and has already served as a member of the National Planning Commission.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 149 => array( 'MagazineArticle' => array( 'id' => '1355', 'magazine_issue_id' => '955', 'magazine_category_id' => '39', 'title' => '“At Sakchyam, we want to be a game-changer”', 'image' => '20151122040743_i.jpg', 'short_content' => 'There are differences between government-funded programmes and donor-funded programmes. A programme like ours aims to increase local capacity. The word Sakchyam itself means ‘building capacity’ of the people. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 150 => array( 'MagazineArticle' => array( 'id' => '1344', 'magazine_issue_id' => '954', 'magazine_category_id' => '39', 'title' => '“NRB should have given at least four years”', 'image' => '20151012115104_sg.jpg', 'short_content' => 'Shiv Ratan Sharda is the Chairman of Sharda Group, one of the largest private industrial and trading conglomerates of Nepal. The Group has an annual turnover in excess of USD 150 million. Sharda is also an executive member of the Confederation of Nepalese Industry (CNI) and former executive member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 151 => array( 'MagazineArticle' => array( 'id' => '1292', 'magazine_issue_id' => '953', 'magazine_category_id' => '39', 'title' => '“Banks are in a blissful slumber. They need to wake up.”', 'image' => '20150917122059_i.jpg', 'short_content' => 'Dr Chiranjibi Nepal was appointed Governor of Nepal Rastra Bank in March, 2015. Dr Nepal is a prominent academic who has worked with the World Bank as consultant and coordinator, Asian Development Bank as consultant, and the Higher Secondary Education Board as director. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 152 => array( 'MagazineArticle' => array( 'id' => '1266', 'magazine_issue_id' => '952', 'magazine_category_id' => '39', 'title' => '“We consider this (the earthquake) as an opportunity”', 'image' => '20150817010209_int.jpg', 'short_content' => 'Bijay Rajbhandary is the Chairman/Managing Director of CE, a conglomerate of companies with investments in several sectors such as construction, real estate, engineering consultancy, industries, trading, finance, education and health. Rajbhandary has over two decades of experience in construction.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 153 => array( 'MagazineArticle' => array( 'id' => '1233', 'magazine_issue_id' => '928', 'magazine_category_id' => '39', 'title' => '“I’m against banning high-rise building”', 'image' => null, 'short_content' => 'Bishnu Panthee, Managing Director of Cage Consult Pvt Ltd, is one of Nepal’s senior professional architects, designing and building residential as well as commercial buildings for the past 16 years. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 154 => array( 'MagazineArticle' => array( 'id' => '1214', 'magazine_issue_id' => '910', 'magazine_category_id' => '39', 'title' => '“The next challenge is the preliminary rehabilitation of the quake-affected people”', 'image' => null, 'short_content' => 'The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 155 => array( 'MagazineArticle' => array( 'id' => '1198', 'magazine_issue_id' => '889', 'magazine_category_id' => '39', 'title' => '“Business and development are essentially interrelated”', 'image' => null, 'short_content' => 'Professor Juan Miguel M. Luz is the Dean of Stephen Zuellig Graduate School of Development Management, a core faculty of Asian Institute of Management (AIM), Philippines. Established in 1968, AIM is considered as a pioneer of management education in Asia and Prof Luz is considered as one of the most influential Filipino educators. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 156 => array( 'MagazineArticle' => array( 'id' => '1163', 'magazine_issue_id' => '863', 'magazine_category_id' => '39', 'title' => '‘‘NRNs are increasingly investing in Nepal’’', 'image' => null, 'short_content' => 'Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 157 => array( 'MagazineArticle' => array( 'id' => '1129', 'magazine_issue_id' => '839', 'magazine_category_id' => '39', 'title' => '‘‘We’ll soon launch designer metallic range for walls’’', 'image' => null, 'short_content' => 'It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the country.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 158 => array( 'MagazineArticle' => array( 'id' => '1099', 'magazine_issue_id' => '811', 'magazine_category_id' => '39', 'title' => '‘‘CEOs of banks are under pressure when promoters ask for 40-50 per cent return on their investments', 'image' => null, 'short_content' => 'Dr Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank (NRB) is set to retire on 23rd March completing his five-year term. He is admired for saving the Nepali banking sector from a 'systematic failure.' However, he is also criticised for micro-managing the banking sector.', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 159 => array( 'MagazineArticle' => array( 'id' => '1052', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘Nepal can become a developing country within the stipulated time’’', 'image' => null, 'short_content' => 'Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 160 => array( 'MagazineArticle' => array( 'id' => '1053', 'magazine_issue_id' => '783', 'magazine_category_id' => '39', 'title' => '‘‘I am satisfied with my two-year term’’', 'image' => null, 'short_content' => 'Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 161 => array( 'MagazineArticle' => array( 'id' => '1032', 'magazine_issue_id' => '756', 'magazine_category_id' => '39', 'title' => '“Nepali tourism can sustain all the upcoming hotels”', 'image' => null, 'short_content' => 'B K Shrestha, Managing Director of Oriental Hotels Ltd that operates Radisson Hotel in Kathmandu has been in the tourism industry for more than four decades. He is also the incumbent President of Hotel Association Nepal (HAN) and has served as Vice Chairman of Nepal Tourism', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 162 => array( 'MagazineArticle' => array( 'id' => '1003', 'magazine_issue_id' => '730', 'magazine_category_id' => '39', 'title' => '‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’', 'image' => null, 'short_content' => 'The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA ', 'status' => true, 'publish_date' => '0000-00-00' ) ), (int) 163 => array( 'MagazineArticle' => array( 'id' => '946', 'magazine_issue_id' => '704', 'magazine_category_id' => '39', 'title' => '“Hydroelectric project is not a zero-sum game”', 'image' => null, 'short_content' => 'Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. 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Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25