Job creation a must’

KATHMANDU: Rajendra Khetan, a prominent industrialist — presenting a paper at an interaction organised by Management Association of Nepal on Friday — said that Nepal must create at least one million jobs within ten years, if the country wants to avert another conflict. “Signing of a peace accord is only the first stage,” he said adding that private sector is ready to solve this social malice.” — HNS

ADB lends to P’pines

MANILA: The ADB said it is lending $450 million to the Philippines to stabilise the country’s electricity supply situation. The loans would be used to help the Philippine government restructure a power sector burdened by high levels of debt. — AFP