Dr Al Leem added that over 2,300 individuals and establishments took part in the rationalisation
hour initiative last year.
The level of satisfaction on the methods used by the country in raising awareness on water rationalisation
was the highest in Umm Al Quwain (43.9 per cent) and lowest in Ajman (14.1 per cent).
It is estimated that the rationalisation
measures will result in EUR7-9m in non-recurring costs, which will be recognised in the second-quarter results for 2006.
measures are expected to have an annual effect of some SEK60m as of mid-2004.
process was due to the changes in the behaviour of banking customers in recent years, mainly because of Internet banking, according to the company.
Sampo hopes to save a total of EUR52m as a result of the rationalisation
and the savings will be realised in full by the end of 2003, the company said.
In the letter, acting MD Stephen Kyalo Nthei said the firm is faced with the need to restructure its operations, which will include a staff rationalisation
programme to balance the institution's running costs and levels of productivity.
Concerning the Botswana Defence Force, Minister Kgathi said rationalisation
led to the rank of Major moving from D2 to D1 with Lieutenant Colonel and Colonel moving to E2 to E1 respectively.
Mercedes-Benz, a subsidiary of Daimler AG (NYSE: DAI), has urged the Indian government to 'reconsider' rationalisation
of GST rates on luxury cars.
Several internal meetings were also held and the revenue board opposed the provision of incentives in the form of tax relief under the tariff rationalisation
plan in a bid to introduce the 'Made in Pakistan' policy, said officials.
Manama, Oct.30 (BNA): The Ministerial Committee for Financial Affairs and Rationalisation
of Spending has today convened.
THE Sekondi Takoradi Metropolitan Assembly (STMA) has carried out its threat to send home over 90 staff in what it claims to be a rationalisation