Archive for October 2009
Bahrain MPs Plump for Snapping Ties with Israel
on October 31, 2009 by admin in Business, Economy, World Business, Comments (0)
Despite strong opposition from the government, the Bahraini lawmakers have passed a bill to totally disconnect with Israel which includes travel and trade. The bill needs clearance by the consultative council, a 40-member body appointed by the king to get… Continue reading
India Plans to Boost Its Industry through New Defence Policy
on October 30, 2009 by admin in Business, Economy, Trade Deals, World Business, Comments (0)
In an apparent attempt to engage domestic players into its main stream of defence production, India has released the new Defence Procurement Procedures (DPP) that would enable the Indian firms to make an entry through ‘Buy and Make’ policy. It… Continue reading
Plans of Asia-Pacific Integration through Single Currency
on October 28, 2009 by admin in Asia Pacific Trade, Business, Economy, US Business News, World Business, Comments (0)
Asian leaders have once again brought up the idea of common currency at the 4th East Asia Summit (EAS) which opened on Sunday, where ASEAN members along with others including China, Japan, South Korea, India, Australia, and New Zealand met… Continue reading
Honduran Economy Checkmated by Political Impasse
on October 26, 2009 by admin in Business, Global Economy, World Business, Comments (0)
Since showing steady growth at 7 percent in the past few years, one of the most successful growths in the Latin America, Honduras is divided today between ousted President Manuel Zelaya and the interim government to push the country’s economy… Continue reading
EU Releases Funds to ASEAN in a Bid to Fight Piracy
on October 22, 2009 by admin in Business, Economy, Trade News, World Business, Comments (0)
The European Commission (EC), the executive branch of the EU has provided $6.7mn to the Association of South-East Asian Nations (ASEAN) to combat the threat of intellectual property (IP) violations in the region. The EU sees the lack of effective… Continue reading
Trade is Top Priority to Pakistan Now
on October 19, 2009 by admin in Bilateral Trade, Business, Economy, Global Economy, Pakistan News, Trade Deals, Trade News, World Business, Comments (0)
Reeling under the bogey of growing militancy and terrorism, Pakistan is making a fresh effort to engage with countries which are interested to do business with them. The recent engagements with Cuba, Italy and South Korea besides initiations on FTA… Continue reading
Sustainable Seafood Labelling to Provide Details on Origin
on October 15, 2009 by admin in Business, Economy, World Business News, Comments (0)
The recently passed bill by the state of California on Sustainable Seafood Labelling (SSL) will provide consumers an opportunity to identify where the seafood is sourced and how it is produced. Under the new law, the state’s Ocean Protection Council… Continue reading
Suriname Hopes to Woo Investors at Caribbean Maritime Meet
on October 15, 2009 by admin in Business, Economy, Trade News, World Business, Comments (0)
The 39th General Annual Meeting of the Caribbean Shipping Association (CSA) in Paramaribo, Suriname has well become a platform to attract more business opportunities and improve the rating of the Surinamese ports. Guno Castelen, Commercial Manager at the Surinamese Port… Continue reading
UN Says Surge in World Trade Failed Workers of Poor Nations
on October 14, 2009 by admin in Business, Economy, Global Economy, World Business, Comments (0)
A joint study by the United Nations agencies has stated in its report that the two decade of stupendous global trade growth did not make any meaningful contribution in improving the working conditions and living standards of majority workforce in… Continue reading
Right Time to Invest in India – US Prompts Its Businesses
on October 13, 2009 by admin in Business, Economy, Trade News, World Business News, Comments (0)
An export promotion agency of the US government has apprised the US companies to cash in on the business opportunities provided by India particularly in the field of civil nuclear energy, estimated at about $150bn. The agency’s most compelling reason… Continue reading
Biomass Power Plants Feared to Create Deserts
on October 11, 2009 by admin in Business, World Business News, Comments (4)
Hundreds of biomass power plants, those operational and under construction, are exponentially increasing the demand for wood, and are likely to trigger industrialized plantation of trees. A sudden increase in demand for particular woods has led to rapid growth in… Continue reading
Bangladesh Goes India and China way on Rice-husk Power
on October 5, 2009 by admin in Business, Economy, World Business News, Comments (5)
A large rice-husk power generation plant coming up at the north-western Thakurgaon district of Bangladesh will generate 400 KWh of electricity mainly for small and medium sized rice mills. The project, first of its kind in the country, is in… Continue reading