Did Nepal grow? : Time to review failed policies Binod K. Karmacharya and Shyamal K. ShresthaSustained rapid economic growth leads to rising living standards for a country’s population. In this context, the announcement made by the Central Bureau of Statistics (CBS) last month that Nepal... 23 Jun, 2004
New Pak budget promises 1m jobs Agence France PresseKarachi, June 9:Pakistan hopes that a billion-dollar boost to the housing and infrastructure sectors will create one million new jobs for its impoverished people as it is set to unveil its forthcoming budget.Economic planners said... 09 Jun, 2004
APEC to set pace for reviving stalled WTO talks Agence France PresseWashington, May 31:Ministers of 21 Asia Pacific economies, controlling nearly half of world trade, meet in Chile this week under pressure from business groups in the region to jumpstart stalled global trade talks. Facing a... 31 May, 2004
Oil price surge to cloud EU finance ministers’ talks Agence France Presse Brussels, May 31: EU finance ministers are to meet tomorrow for regular talks clouded by the surge in world oil prices which is notably threatening Europe’s fledgling recovery. Soaring crude prices are likely to eclipse the more... 31 May, 2004
Indian biz lobby eyes 7pc growth Himalayan News ServiceNew Delhi, May 23:The Indian economy is likely to post a healthy seven per cent growth in the current fiscal on improved agriculture sector output for the second consecutive year, said a premier business chamber. The Confederation... 23 May, 2004
Pakistani economy to grow by 8pc Associated PressKarachi, May 17:Pakistan’s economy will likely grow more than 6 per cent this fiscal year, and is targeted to reach eight per cent in the next three years, the finance minister said. Finance minister Shaukat Aziz made the projections... 17 May, 2004
Shape up or we’ll ship out, donors tell B’desh Himalayan News ServiceDhaka, May 17:Multilateral donors have warned Bangladesh they may withdraw aid from the impoverished nation if it fails to fulfil commitments to control crime and corruption and promote good governance, reports OneWorld.... 17 May, 2004
BIZ BRIEFS China’s economy expandsSHANGHAI: China’s economy expanded at an annual rate of 9.8 per cent in the first quarter of this year, the government said on Monday, revising a preliminary estimate that put GDP growth at 9.7 per cent. The revision in gross... 17 May, 2004
BIZ BRIEFS Gold price decreasesKATHMANDU: Price of gold in the local market has gone down by Rs 240 per 10 gram this week. The price of yellow metal opened at Rs 9,520 on Sunday but went down to close at Rs 9,280 on Friday, according Nepal Gold and Silver... 16 May, 2004
Breach of trust In a direct breach of the earlier commitment made by the Maoist supremo Prachanda to desist from destroying development infrastructure and targeting project property, members of the rebel outfit on Sunday torched the vehicles and machinery of... 04 May, 2004
NDF 2004 Issues that need to be addressed Bishwambher PyakuryalDuring Financial Year 1977/78, revenue surplus had met 40 per cent of the development expenditure. The scenario is now totally changed. Revenue surplus cannot even meet regular expenditure compelling the country to resort to either... 02 May, 2004
NIA urges simplification of rules Himalayan News ServiceKathmandu, May 2: Nepal Insurer’s Association (NIA) has urged the government to simplify some issues concerning the insurance business, saying it would boost the overall growth of the industry. Rajendra Kumar Khetan, president... 02 May, 2004
