Radio training begins

BIRATNAGAR: Chairperson of Eastern Police Women’s Association, Mina Basnet inaugurated a three-month long training on radio and televison maintenence. The training is organised jointly by Nepal Police and Cottage and Small Industries Office, Morang. — RSS

AIC meeting organised

KATHMANDU: A meeting of administration improvement committee (AIC) was held at the ministry of general administration on Monday under the chairmanship of Krishna Lal Thakali, minister for general administration. Shyam Prasad Mainali, member-secretary of the committee presented the progress report on different work carried out by the ministry. — RSS

Oil exploration in S Lanka

COLOMBO: Sri Lanka plans to offer offshore blocks for oil exploration by the middle of 2006 if a study being carried out by a Norwegian company proves positive, a newspaper reported on Tuesday. Norway’s TGS-NOPEC Geophysical Co is likely to submit its report by June. Saliya Wickremasooriya, the chairman of the Board of Investment, said that the country must explore oil reserves. — AP

Crude prices move higher

VIENNA: Crude futures edged higher on Tuesday, continuing the climb they began a day earlier, despite a revised forecast from the International Energy Agency for less oil demand this year. Despite Tuesday’s increase, analysts suggested that over the longer term, markets were moving toward sentiment that the record highs of recent weeks could not be matched. — AP