Archive for November 2009

China Advises to Maintain Quality Instead of Blindly Pursuing Profit

on November 26, 2009 by admin in Business, China Business News, Export News, Trade Deals, Trade News, World Business News, Comments (0)

As to stimulate its frail brand value, one of China’s business heads said that while entering the ASEAN market, the Chinese enterprises should abide by local industry regulations and establish sound reputations for quality and service instead of blindly pursuing… Continue reading

Bulgarian Hoteliers to Start Own Bank to Tame Credit Crisis

on November 25, 2009 by admin in Business, Economy, Trade News, Travel News, World Business News, Comments (0)

The Bulgarian hotel owners are all geared up to start their own banking initiative to overcome the high interest rates as rentals and revenues are receding owing to the ongoing economic downturn and other obstacles. According to Sofia News Agency,… Continue reading

Canada Aims to Feed the Growing Seafood Appetite of Asia

on November 24, 2009 by admin in Business, Economy, Export News, Marine business, Trade News, World Business News, Comments (0)

The Canadian fish industry is agog over capturing the new emerging markets of Asia through aggressive promotion programs in spite of competition from ASEAN fishing industry. The Canadian fishing industry see great business potential in marketing their products in emerging… Continue reading

India Awaits Major Surge in Investments from the GCC

on November 23, 2009 by admin in Business, Economy, GCC News, India, World Business, Comments (0)

The Indian Ambassador to Qatar, Deepa Gopalan Wadhwa told the 12th Industrialists’ Conference, organised by the Gulf Organisation for Industrial Consulting that her country was expecting a surge in investments from the GCC bloc in view of the potential investment… Continue reading

Survey Finds No Country is Immune to Economic Crimes

on November 20, 2009 by admin in Business, Economy, Global Economy, Trade News, World Business News, Comments (0)

PricewaterhouseCoopers’ (PwC) bi-annual Global Economic Crime Survey which gives exhaustive data on the business frauds found that no country was immune to corporate frauds. The findings of the survey indicated that besides the global economic stress, one-third of the organizations… Continue reading

UN Urges Online Haves to Chip in to the World Food Basket

on November 18, 2009 by admin in Business, Economy, Global Economy, Comments (0)

The UN is pinning hopes on its “A Billion for a Billion” campaign, which appeals internet users to donate $1.50 or €1 a week to combat global hunger after the three-day UN food security summit ended on a dismal note.… Continue reading

US Exports to North Korea Impacted by Trade Embargo

on November 17, 2009 by admin in Business, Economy, Export News, Trade Deals, Trade News, World Business News, Comments (0)

The vexed US-North Korea ties have adversely affected the US exports to Korea by almost nothing in comparison to previous year. In response to a second nuclear test on May 25 this year by North Korea, the US along with… Continue reading

UID and RTE of India to be the Largest Eco-friendly Projects

on November 12, 2009 by admin in Business, Economy, India News, Trade News, World Business News, Comments (0)

India would be spending in excess of $100bn on its two ambitious projects, Unique Identification cards (UID cards) and Right to Education (RTE) program in the next five years. The country’s UID project is aimed at providing multi-purpose identity cards… Continue reading

Malaysia and China Prepare Road Map for Future Growth

on November 11, 2009 by admin in Business, Trade Deals, Trade News, World Business, Comments (0)

The Chinese President Hu Jintao arrived on Tuesday in Malaysia to commemorate the 35th anniversary of diplomatic ties between both countries, and met Prime Minister of Malaysia, Datuk Seri Najib Tun Abdul Razak. Later, Najib informed that Malaysia and China… Continue reading

Karzai Seeks Islamic Trade Ties to End Afghan Crisis

on November 10, 2009 by admin in Business, Trade News, World Business News, Comments (0)

The Afghan President Hamid Karzai while speaking at the 25th anniversary of the Committee for Economic and Commercial Cooperation (COMCEC) summit, appealed to the attendees that his country was looking at closer economic ties with the Islamic world to break… Continue reading

Israeli Prez Peres Must Carry Palestinian Answers to Brazil

on November 9, 2009 by admin in Business, Economy, Export News, World Business News, Comments (0)

Israeli President Shimon Peres should have answers to the Palestinian issues during his Latin American sojourn if he aspires to strengthen ties with them, particularly, in light of growing opposition in Brazil over the ratification of Mercosur-Israel FTA. A Parliamentary… Continue reading

EU Won’t Seek Regime Change in Cuba but Compliance to Rights

on November 5, 2009 by admin in Business, Economy, Trade News, World Business News, Comments (0)

A visiting EU official said after meeting with the Cuban President Raul Castro that the EU was not looking at a regime change in the communist Cuba, but expected progress on human rights for both sides to advance beyond last… Continue reading

New Shipping Invention to Empower Fruit Exporters

on November 4, 2009 by admin in Business, Cargo News, Economy, Shipping News, Comments (0)

Fruits can now reach farther markets as a leading shipping company has introduced StarCare, a new generation of Controlled Atmosphere (CA) containers which would preserve the fruits from ripening and decaying in their long transportation period. Bananas, the fourth most… Continue reading

EU Cuts Canadian Seafood Tariff – No Verdict on Seal Ban Yet

on November 3, 2009 by admin in Business, Export News, Trade Deals, World Business News, Comments (0)

The European Union (EU) has indicated there would be some modification to the current tariff structure to ease the pressure off the already vexed Canadian seafood producers. The significant change to the tariff structure would be by providing access to… Continue reading

Collective Effort Needed to Stop Illegal Ivory Trade

on November 2, 2009 by admin in Business, E-Commerce, Trade News, World Business, Comments (0)

It is evident now that the two decades of a law to ban poaching of elephants has done very little to stop illegal trade of ivory which is going on unabated particularly in Africa, and many other parts of the… Continue reading