BANNER

January / February 2001

Nepal

  • FNCCI and Confederation of Danish Industries sign MOU to boost Nepal-Denmark economic cooperation
  • SAARC Chamber meet ends in Kathmandu
  • Nepal, India agree to exchange more electricity
  • Nepal, Pakistan sign accord on double taxation
  • Tourism promoted in Germany
  • Export increase by 25%
  • The price of Urea hiked by 35%
  • ILFC sign an MOU on equity participation

SAARC
  • Indian Govt. need to stress on core sector for 9% growth : CII
  • FICCI seeks 5 year tax holiday for software
  • Indian jute sector seeks CVD levy on Bangladesh imports
  • Bangladesh achieves 6.03% GDP growth
  • Bangladesh forms high power IT Task Force
  • Bangladesh trade deficit with India
  • Pakistan renegotiates foreign debt.
  • Sri Lanka : Tourism falls by 22.6%
Asia
  • China's economic growth to grow by 7-8% in 2001
  • Japanese economy plunges in competitiveness rankings
  • Tourism grows in Singapore
  • Environment technology market grows in Asia
  • Japanese economy recovering
  • Asia will ride out US slump

World

  • World digitally divided : ILO
  • IMF growth index at 3.5%
  • WB offering credit in domestic currencies
  • US internet economy worth $830 billion
  • Low oil prices not to harm US, OPEC economy
  • E&Y sees economic slow-down in UK

Business opportunities