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EU offers development aid to Burma

European Commission chief Jose Manuel Barroso has offered a development aid of more than USD 100mn to Burma in his meeting with the President Thein Sein. In addition to the aid, the EU is believed to be offering Burma the

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US economy add 171,000 new jobs

The US economy added 171,000 new jobs in October; however, unemployment rate still rose to 7.9% from 7.8% in September. There are more workers now who have resumed looking for jobs; hence, causing the unemployment rate to jump back up.

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Kandahar University Goes Solar

Embassy of the United States-The main university in southern Kandahar province is using solar energy for electricity with the assistance of the American University of Arizona, officials said Sunday. Abdul Tawab, deputy head of science at Kandahar University, said that

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Afghanistan must tackle corruption to entice investors

A senior American official, Assistant Secretary for South and Central Asian Affairs Robert Blake, urged the Afghan government to open up its economies to woo foreign-direct investments from the US by ensuring good governance devoid of corruption. As the US

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Problems with selling Kabul Bank’s properties

Enacting President Hamid Karzai’s order, Kabul Bank’s Receivership Department said they are faced with problems in selling Kabul Bank properties both inside and outside of Afghanistan. The Department’s Manager, Hamidullah Mohebbi, said the properties’ sale is still pending. The Bank

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Prices of Bamyan potatoes decline due to imports from Pakistan and Iran

Farmers in Bamyan said potato imports from Iran and Pakistan to Afghan markets have resulted in decline of Bamyan potatoes. “Despite the high yields of potatoes this year in Bamyan, we do not have good sales,” said Rajab Ali, one

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