Illegal imports rising


Regional plant quarantine office, Belhiya Bhairahawa has said that agricultural products of low quality are imported from India through Sunauli border. Of the total agricultural products and goods imported into the country, only 15 per cent undergo quarantine check, the others are imported illegally. — RSS

‘Oil supply sufficient’


Acting secretary general Adnan Shihab-Eldin of Organisation of Petroleum Exporting Countries said that the world crude market is adequately supplied with crude, despite supply concerns and the expectation of colder weather in the northern hemisphere. — AFP

P’pine expropriation okay


All the major foreign chambers of commerce in the Philippines on Saturday endorsed president Gloria Arroyo’s expropriation of an unused Manila airport terminal built by a Filipino-German consortium. — AFP

V’zuela, Colombia trade


President Hugo Chavez froze Venezuela’s trade with neighbouring Colombia until Colombian counterpart Alvaro Uribe publicly explains the capture in Caracas of a top Colombian rebel leader. — AFP

German lawmaker quits


A German parliamentary deputy became the latest casualty of a row over the payments to the country’s politicians by large companies. Jann-Peter Janssen resigned his seat after giant auto maker Volkswagen said it had paid him a salary until as recently as 2004. — AFP

Oracle slashes 5,000 jobs


Oracle Corp would cut 5,000 jobs, or roughly nine per cent of its total workforce including former PeopleSoft Inc workers, following its recent acquisition of its smaller rival. — AFP