BIZ BRIEFS OPEC to raise outputVIENNA: Under pressure to bring down stubbornly high oil prices, OPEC ministers opened a key meeting to try to lower costs and ease the brakes on the global economy. Key members were expected to raise the cartel’s production quota... 15 Jun, 2005
OPEC mulls to hike in production ceiling Associated PressVienna, June 13:Like a driver reflected in the puddle of oil on his driveway, crude prices can mirror the global economy and analysts aren’t pleased with what they’re seeing. As the Organisation of Petroleum Exporting Countries... 13 Jun, 2005
Strong cricket, poor economics Amrit MathurNew Delhi:There is enough proof that India is the hub of cricket’s global economy — it drives business, controls financial triggers and calls the shots. The World Cup and other global ICC events are sustained by Indian sponsors,... 17 May, 2005
Entrepreneurs appeal for lasting peace Kathmandu, September 4: Federation of Nepalese Chambers of Commerce and Industries (FNCCI), an apex body of the business organisations, today has ‘strongly’ appealed for a long-lasting peace in the country. “National economy has faced a serious... 09 Apr, 2005
Indian exports surge to record $80b Agence France PresseNew Delhi, April 8: India’s exports surged 24 per cent to a record 80 billion dollars for the year ended March, but a soaring oil import bill meant the country still ran a trade deficit, Trade Minister Kamal Nath said... 08 Apr, 2005
Global economy can cope with rising oil prices Agence France PresseFrankfurt, March 17:OPEC’s acting secretary general Adnan Shihab-Eldin played down the strong rise in oil prices in a newspaper interview today, saying the global economy was in a better position to cope with price swings. “I... 17 Mar, 2005
Education in Nepal Need to change traditional model Bidur Prasad Upadhyay:Nepal is committed to achieve the goal of “education for all” set in the Dakar Framework of Action for literacy mission, and to fulfil the mission of poverty alleviation. But this cannot be achieved unless the education sector... 24 Feb, 2005
Japan, China become interlinked in trade Agence France Presse Tokyo, January 30: Political ties between Japan and China have cooled to a new chill as the increasingly confident countries wrangle over their past and scarce energy resources, but their economic relations have grown hotter than... 30 Jan, 2005
Global economy faces many hurdles Agence France PresseDavos, January 30: Global economic growth must vault hurdles posed by exchange rate imbalances, US deficits and weak growth in Europe, but experts meeting here in Davos ended the week without takeaway solutions. Americans,... 30 Jan, 2005
FedEx Express takes delivery of Airbus A380 freighter Himalayan News ServiceKathmandu, January 20:FedEx Express, a subsidiary of FedEx Corp, has announced that it will be first to take delivery of the giant Airbus A380-800F in August 2008 and the first to deploy the plane in service for its global... 20 Jan, 2005
Greenbuck may dip further The GuardianLondon, January 2:When US president Bush will have reason to be grateful this month that a leader’s success at stewarding his country’s economy is no longer measured by the strength of its currency. Since he first came to power four... 03 Jan, 2005
WTO and globalisation How Nepal can prepare for the challenges Bhavani Dhungana In Nepal, it is urgent to make national efforts to boost competitiveness of all types of enterprises. Nepal has now become a full member of the World Trade Organisation (WTO). While it is definite that the country could gain... 22 Jun, 2004
