Asia looks for greater investment to recover Himalayan News ServiceKathmandu, February 4:Asian region needs immediate investment to recover from economic difficulties, says a report on World Economic Situation and Prospects for (WESP-2005). According to a statement issued by United Nations... 04 Feb, 2005
LETTERS The business of hydropower:Being an avid reader of THT, I do not miss articles and reports in the Business page. Most of the reports published in the Business page are readable. It is also gaining popularity among the youth. The article on Butwal Power... 03 Feb, 2005
Out in the cold The second edition of the Nepal Living Standard Survey has shown a near-double rise in the annual per capita income of the Nepalis, from Rs.7,690 to Rs.15,162 over a period of eight years. The survey, conducted by the Central Bureau of Statistics (CBS)... 31 Jan, 2005
BIZ BRIEFS China, Venezuela trade tie:CARACAS: Chinese vice-president Zeng Qinghong inked 17 cooperation accords on Saturday with Venezuela’s President Hugo Chavez, on areas including science and energy. The deals also include Chinese cooperation in... 30 Jan, 2005
GDP growth rate to rise by 3.33 per cent Himalayan News Service Kathmandu, January 25: The rate of Gross Domestic Product (GDP) in the fiscal year 2003-04 is to increase by 3.33 per cent as per the revised estimate of Central Bureau of Statistics (CBS) released today. Releasing the estimated... 25 Jan, 2005
Chinese economy to slow down in last quarter Agence France Presse Shanghai, January 24: China’s fast-paced economy is forecast to slow further in the fourth quarter of 2004, with growth expected to come in at 9.0 per cent or less as government curbs on investment bite, economists said on... 24 Jan, 2005
Think big and bold: Singh Agence France Presse New Delhi, January 22: Indian prime minister Manmohan Singh today urged Indian entrepreneurs to think ‘big’, promising that his govern-ment would remove the ‘barriers to growth’. “Our government will remove barriers to... 22 Jan, 2005
No silver lining Despite commitments by rulers and policy-makers to reduce the country’s excessive dependence on foreign aid, the situation has not improved over the past half century of planned development. At present Nepal’s foreign debt, put at Rs.232.77... 19 Jan, 2005
EU plans growth and stability pact reforms Associated PressBrussels, January 19:European Union finance ministers made progress on talks about reforming the economic governance rules that are meant to keep the euro stable and should reach an agreement in March, Luxembourg prime minister... 19 Jan, 2005
BIZ BRIEFS Crude prices stay steady SINGAPORE: Crude futures held firm on Monday above $48 a barrel — the highest since the end of November — with the New York Mercantile Exchange closed for the Martin Luther King Day holiday. Light sweet crude for February... 17 Jan, 2005
Biz briefs Aryal heads CNI team KATHMANDU: The Confederation of Nepalese Industries (CNI) has nominated national council member Rajendra Aryal as coordinator of its public relations and press committee. Aryal, who is also the managing director of Trikon... 17 Jan, 2005
Global inequality George Monbiot:Does not the response to the massive tidal wave in south-east Asia,” the UK’s chancellor (finance minister) Gordon Brown asked on January 6, “show just how closely and irrevocably bound together ... are the fortunes of the richest... 14 Jan, 2005
