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Contents contributed and discussions participated by Cai Z

Cai Z

Petrol prices to go up as government increases fuel excise despite rise being blocked b... - 0 views

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    The Australia federal government announced plans to increase the tax on fuel despite not having parliamentary approval for the measure. Due to the rise of tax on fuel, the price of fuel tends to increase next month. The Minister claims that the effect on petrol prices would be "modest". But the impact on our capacity to build a stronger more prosperous economy will be significant. The measure is expected to expected to raise the government $2.2 billion over four years and $19 billion over the next decade.
Cai Z

The decline of luxury - 0 views

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    The rapid growth of countries like China has led to growth in the size of the markets for many luxuries. With incomes rising in emerging countries, demand for many the luxuries has been growing. However, in the past year, due to the recession in China and Europe, Prada expects its growth in sales to January 2015 will be 'low single-digit' - less than the 7% figure recorded for the last financial year.
Cai Z

Price changes for travellers in Bristol - 1 views

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    There have been two significant changes in prices for travel in Bristol. One is the toll on Brunel's iconic Clifton Suspension Bridge doubled from 50p to £1 for a single crossing by car in order to meet the need for maintenance and repair. The another is that the First Group cut bus fares in Bristol and surrounding areas. Single fares for up to three miles were cut from £2.90 to £1.50; 30% discounts were introduced for those aged 16 to 21; half-price tickets were introduced for children from 5 to 15; and the two fare zones for £4 and £6 day tickets were substantially increased in size to attract more passengers and increase the revenue.
Cai Z

Weak rupee forces Indraprastha Gas Ltd to raise CNG prices - 1 views

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    As all of IGL's gas sources are dollar-linked, the entire input price is totally dependent on price of dollar vis-a-vis rupee, after a weaker rupee made imports costlier, the supplier of compressed natural gas (CNG)- the Indraprastha Gas Ltd (IGL) in Delhi and adjacent areas increased the price of the green fuel by 5%.
Cai Z

Choc horror: It might be Easter but world is running out of chocolate - 1 views

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    As the growing demand for chocolate in Asia specially in China, it is predicted that the price of chocolate could soar over the next few years and the exports stated that the demand could become unsustainable by 2020.
Cai Z

Nepal clears GMR plan for $1.4 billion hydroelectric plant - 2 views

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    In order to meet the demands of electricity in Nepal as well as export electricity to power-hungry India, the Nepal government agreed allow GMR to construct the 900-megawatt Upper Karnali hydroelectric power plant in the northwest. The project set for completion in 2021, which will provide 12 per cent energy free to Nepal to ease a crippling power shortage and help its economy emerge. An agreement was signed to construct transmission lines across the border to transmit the remaining electricity to India, which can help reducing the extreme scarcity of electricity in India. I agree with the project because this can decrease the scarcity level in both Nepal and India.
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