Shikhar’s new sandles

KATHMANDU: Shikhar Shoes Industries Pvt Ltd has brought — in the market — men’s leather sandals in new models that they claim to be very comfortable. “Price is also reasonable,” states a press note. The new sandles, brought for summer, are in 25 to 30 models and in various colours. The sandles can be bought from any Shikhar shoes dealers or other footwear shops. — HNS

Unaccounted budget

BIRATNAGAR: The amount of unaccounted budget of Biratnagar Sub-metropolis has reached Rs 41.7 million, a report stated. The study conducted by the Self-Governance Study Foundation stated the municipality is at the risk of high irregularities. It also identified 16 corruption-prone sectors in the municipality. — RSS

Economy overheating

HANOI: The communist government in Vietnam, showered with praise for posting a booming 8.5 per cent growth rate last year, is now facing a tough challenge — how to keep its economy from overheating. Over the past few months, both ordinary residents and international financial experts have been wondering how Vietnam plans to tackle its spiralling inflation rate. — AFP

Gulf inflation rises

MANAMA: Abundant liquidity, triggered by sharply higher oil revenues and the effect of currencies pegged to a weakening dollar are fueling inflation in the Gulf region. Gulf business leaders will meet in Bahrain on Monday to get advice from the IMF. — AFP