BEACON

In the latest data provided by the Tea Board of Kenya indicate that the country has usurped the throne of Sri Lanka for the first time as the biggest tea exporter in the world. While Kenya exported 342mn kg last year Sri Lanka could only supply 280mn kg to the world tea market during the [...]

The current mobile phone finance players and aspiring entrants are vying among one another to extract a higher share of the future market of mobile payments, the latest mode of payment among migrant workers, by joining forces with current mobile telephony providers of the Asian and African region. Several mobile payment firms are reported to [...]

A versatile bio-degradable plastic being developed by a group of scientists at the Imperial College London is all set to transform the packaging industry as well as the healthcare. According to the research team, the economically and commercially viable plastic would be available in the markets within two to five years.
Dr Charlotte Williams, head of [...]

According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food sources virtually pushes 36mn people of the region at the mercy of global price fluctuations.
The food imports have considerably [...]

The rising demand for custom-made garments and lack of skilled domestic tailors are hampering the growth or even the existence of many tailoring shops in Malaysia. An industry head apprised The Star that about 2,000 traditional Indian tailor shops in the country were appealing to the Malaysian government to give the nod to hire foreigners [...]

The head of the representative body for private bus operators in Ireland has said that the country’s stringent visa requirements from certain countries were not allowing more job creation and perk up the economy. Gerry Mullins chief executive of the Coach Tourism and Transport Council (CTTC) said due to a “strange and stupid system”, which [...]

The Governor of Borno state of Nigeria Ali Mudu Sheriff while attending the 3rd Nigeria – India Business & Investment Forum (NIBIF 2010) announced that his state would be providing free land and tax rebate for ten years to the Indian investors. Nigeria wooed investors with some freebies particularly to strengthen bilateral ties with India [...]

A meeting between two top government representatives from the US and Mexico suggests the Obama administration’s revocation of the pilot program will be lifted soon to end the one year old trade spat. The program allowed the movement of some Mexican long-haul rigs or trucks through the US roads.
The US Trade Representative Ron Kirk and [...]

The British bread that donned the role of ubiquitous easy-carry meal to an industrialized world is giving way to a variety of food items like the French croissants, the Indian Chapattis and the Mexican tortillas, according to a recent study. A leading custom research agency, TNS in its latest data reported that the 2009 sales [...]

According to RIA Novosti, the President of Russia, Dmitry Medvedev has approved a plan to boost domestic food production and reduce the country’s dependence on imports. Russia plans to enhance its food production through a new food policy which is expected to produce up to 95 percent of domestic grain needs followed by 80 percent [...]