BEACON

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 profit by any possible means. Xu Ningning, executive secretary general of China-ASEAN Business Council (CABC) [...]

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, to strengthen its plans, the hoteliers are in talks for a joint venture with the [...]

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 Asian economies including China, Japan and S. Korea.
They argue the sudden economic growth of many [...]

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 opportunities available today. She informed this while delivering the keynote address at the event on [...]

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 across the world, fell victim to economic crimes.
The online survey that was conducted between July [...]

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. The non-committal from 192 nations about providing $44bn annually in agricultural development aid to the [...]

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 the UN had re-imposed sanctions on the communist Korea in June.
According to the US Department [...]

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 to all its citizens to facilitate e-governance, and for ensuring national security. Likewise, the RTE [...]

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 have agreed to increase bilateral trade and investment linkages especially in the area of palm [...]

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 the cycle of conflict. He tried to lure the Organisation of the Islamic Conference (OIC) [...]