Business

BIZ BRIEFS

BIZ BRIEFS

By BIZ BRIEFS

Business sector’s role

KATHMANDU: Madhukar SJB Rana, finance minister, has said the role of business sector can be of paramount importance in the management of conflict and restoration of peace in the country. Speaking at ‘Nepal Youth Business Initiative Corporate Go-kart 2005’ on Saturday, he said the business sector should play an effective role in creating more job opportunities thereby providing self-respect to the hundreds of unemployed youths across the nation. — RSS

Marketing products

GAJURI: Small Farmers’ Cooperatives Society here has decided to take responsibility of market management of the agriculture products. The cooperative will purchase the produce of the farmers and then sell it in the market. — RSS

Driving training starts

POKHARA: Women Development Office, Kaski has begun a free light vehicle driving training for women from the oppressed community here from Friday. 50 women from the oppressed and backward communities are taking part in the training. — RSS

GM’s Shanghai shop

SHANGHAI: Shanghai General Motors on Saturday completed construction of a new factory that will more than double the annual capacity of its flagship joint venture to 320,000 vehicles. The new South Plant at GM’s facility in eastern Shanghai’s Pudong district immediately began production of the mid-sized Buick Excelle sedan. — AP