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Up to $1.5 trillion to be siphoned from Global Stimulus
[23 Jun 2009]
Kroll Global Fraud Report warned that if preventive measures were not taken, a portion of the global economic stimulus package would end up in the hands of fraudsters waiting in wings. The report has
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Tags: Global Stimulus anti-corruption
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Slowdown and Piracy Sink Suez Canal Revenues
[27 Jul 2009]
Suez Canal, Egypt’s major foreign currency earner and world's busiest international trade routes has slashed its revenue by 7.2 percent owing to decline in traffic triggered by global economic crisis
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Tags: Suez canal Egypt foreign currency
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Malaysia-EU Timber Trade Deal by Year End
[19 Aug 2009]
The European Union (EU) and Malaysia are planning to conclude the bilateral Voluntary Partnership Agreement (VPA) to promote trade of the legitimately produced and harvested Malaysian timber by end of
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Tags: Malaysia Europe EU EC VPA FLEGT
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Australian SMEs Optimistic – Jobs by Next Quarter
[17 Sep 2009]
A survey indicated Australian small businesses are confident after two strong quarters of business to reach a record high above the peak confidence level of August 2007. The recent survey by Sensis Bu
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Tags: Australia SME job
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Negotiations on Indo–Australian FTA Soon
[29 Sep 2009]
The Indian origin Australian high commissioner during his recent visit to India said the negotiations on the proposed FTA would begin after governments of both the countries examine the feasibility st
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Tags: India Australia FTA natural gas
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Egyptian Lulav Prices Bring Israel and Gaza Closer
[01 Oct 2009]
The tripling of lulav prices by the Egyptian suppliers during the festive season of Sukkot has forced Israel to allow Gazan exporters to supply lulavim (palm fronds) to fulfil its seasonal demand. Suk
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Tags: Egypt Israel Gazan Jerusalem
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Bangladesh Goes India and China way on Rice-husk Power
[05 Oct 2009]
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
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Tags: Bangladesh India China IDCOL SEAL
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Biomass Power Plants Feared to Create Deserts
[08 Oct 2009]
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 inc
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Tags: Biomass Power Plant Latin America natural gas
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Malaysia and China Prepare Road Map for Future Growth
[11 Nov 2009]
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 A
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Tags: Malaysia China WCEF economy
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Australia Outperformed Rest of Advanced Nations
[14 Dec 2009]
The Australian Treasurer Wayne Swan claimed that his country continued to outperform most other nations even as the impact of the global economic crisis eroded almost all economies. He made this state
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Tags: Australia economy ABS RBA Reserve Bank
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USDA Releases Details on Funds for Emerging Markets Program
[21 Dec 2009]
The US Department of Agriculture (USDA) has announced that 91 agricultural trade promotion projects had been allocated $8.2m for the fiscal 2009 to promote overseas market access for the US food and a
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Tags: US USDA EMP agricultural products Africa TIRF
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Blizzard Saves the Season for E-tailers in US
[24 Dec 2009]
The snow storm that crippled the US during the final shopping weekend on December 19 and 20 became a blessing in disguise for e-commerce businesses as the total online sales recorded 13 percent growth
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Tags: e-commerce businesse Amazon Walmart Apple.com
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Somali Piracy Ransoms Alleged on Kenyan Realty Boom
[04 Jan 2010]
A sudden surge in property prices in Nairobi, the Kenyan capital, has invited the wrath of general public alleging the piracy booty from Somalia is meddling with the realty market to make them beyond
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Tags: Somali Nairobi Associated Press property Kenya
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NZ Islamic Fed Questions Indonesian Halal Credentials
[11 Jan 2010]
The Federation of Islamic Associations of New Zealand (FIANZ) has objected to the Indonesian Council of Ulema (MUI)’s move to make mandatory obtaining halal from the councils own certification before
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Tags: NZ Indonesia FIANZ New Zealand MUI Malaysia
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Latin American Countries to Begin Single Currency Talks
[25 Jan 2010]
The trade ministers of an alliance of Latin American Countries (ALBA) will meet today to discuss the operational launch of a regional electronic currency. In last April, Venezuelan President Hugo Chav
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Tags: Latin America single currency ALBA US
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New Zealand Basks in the Success of Avatar
[27 Jan 2010]
Avatar, the most expensive and the largest grosser movie ever made has given a big boost to the New Zealand (NZ) film industry and the economy as a whole. The 3D mega visual has delivered USD$218mn to
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Tags: New Zealand NZ economy SPADA LBSPG WD Avatar
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EU Embarrassed by Report on Exports of Torture Equipment
[18 Mar 2010]
The EU which insists on stringent enforcement of human rights in every trade deal has found itself cornered by the recent jointly released report by Amnesty International and the Omega Research Founda
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Tags: EU export Belgium Cyprus Italy Finland Malta
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ACTA to Play God on Online Activities – Overrides WIPO Role
[20 Apr 2010]
The Anti-Counterfeiting Trade Agreement (ACTA) which will be released on Thursday from New Zealand is expected to put tabs on most e-activities on the basis of piracy or copyright infringement. Moreov
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Tags: ACTA WIPO online New Zealand Australia Singapore
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Mosquito-feasting Plants May Well Be the Answer
[21 May 2010]
A Ugandan scientific team is believed to have discovered an eco-friendly method to eradicate mosquitoes. The team headed by Prof. Jasper Okeng of the Pharmacology department of Makerere University is
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Tags: Uganda malaria mosquito Africa
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OAS Meet to Heed TI Recommendations
[08 Jun 2010]
The Organization of American States (OAS) in its 40th General Assembly in Lima is understood to have taken into consideration the recommendations by Transparency International (TI) to improve transpar
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Tags: OAS TI Lima Inequality Latin America
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Airline Introduces iTicketing with Apple iPad Kiosks
[24 Jun 2010]
Malaysia Airlines (MAS) in collaboration with SITA, an air transport technology major, has installed iPad kiosks at the Kuala Lumpur Sentral (KL Sentral), to simplify flyers’ travelling needs. The ini
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Tags: Malaysia Airlines Apple iPad Flight
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Jabulani Controversy May Favour Dwindling Pakistani Exports
[02 Jul 2010]
The hullabaloo over Jabulani, the official FIFA World Cup football may help the failing exports of Pakistan if the soccer governing body opted for Pakistan’s hand-stitched footballs over the Chinese t
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Tags: FIFA Soccer World Cup 2010 Jabulani Football
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Foul German Cheese Savour Protests from Italian Farmers
[08 Jul 2010]
A multitude of Italian farmers converged on the Austrian border to protest at the importation of tainted cheese from Germany with Italian-sounding brand names. The demonstration was held on account of
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Tags: Cheese Mozzarella Milk Coldiretti Italy
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Kuwait Out-reaches to South America for Bettering Ties
[14 Jul 2010]
A high profile delegation headed by the Prime Minister of Kuwait Sheikh Nasser Al Mohammed will begin its tour of South America on Wednesday. The three-week trip to nine countries including Antigua an
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Tags: Kuwait KUNA Al Sammak KCCI GCC America
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Portugal and Turkey Ink Landmark Visa Exemption Deal
[16 Jul 2010]
Turkish Foreign Minister's one day visit to Portugal has culminated in the signing of a mutually beneficial partial visa exemption agreement. According to the deal, citizens of both countries who have
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Tags: Turkey Portugal Davutoglu Manouchehr Mottaki
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Your Drink Can Help Some Farmers Get Living Wages
[27 Jul 2010]
TransFair USA, a non-profit organization and a third-party certifier of Fair Trade (FT) products in the US has now launched FT-labelled vodka which ensures farmers from Bolivia to fetch commensurate e
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Tags: TransFair Vodka Bolivia Malawi
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Australian Opposition Unfurls Trade Map Ahead of Polls
[09 Aug 2010]
The Nationals' leader Warren Truss revealed that a Coalition government at the centre would restore funding to exporters and appoint an ambassador for trade reforms and specialist trade representative
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Tags: Australia Warren Truss Labour AUD Trade
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Dubai Free Zone Firms Pick up Pace on Global Recovery Cues
[24 Aug 2010]
The Dubai Chamber of Commerce and Industry in its latest release said that the firms within Dubai's free zones had traded $30.5bn worth of exports and re-exports last year to register a whopping 40.7
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Tags: Dubai Jebel Ali DAFZ Ras Al Khaimah Gulf
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Senegal Pitches for Tourism Impetus via Atlanta
[23 Sep 2010]
El Hadji Aziz Gueye, the tourism director of Senegal while surprising the Atlanta's mayor Kasim Reed by informing about the shifting of its office to Atlanta from New York two weeks ago has evoked the
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Tags: Senegal Africa Dakar Africa
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Russia Takes Lenient Approach on Timber Exports
[01 Oct 2010]
The Russian Prime Minister Vladimir Putin yesterday told a roundtable forum that the country should discard the obsolete raw-materials export model to maintain growth of timber industry. He also said
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Tags: Russia Global Markets Investments
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Oil out GM Crops In - In a Bid to Control World
[25 Oct 2010]
A big ticket inter-governmental project on a genetically modified (GM) crop trials are about to begin in five African countries amidst promises of higher yield out of crops grown under below par condi
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Tags: Genetically Modified Gene Ethics Crops
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Competitive Consumable Prices can Enhance Fiji Tourism
[25 Nov 2010]
A consumer group has informed Fiji government that exorbitant prices of tourism products and services were discouraging tourist and transport operators. According to the tourism industry, Fiji is targ
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Tags: Fiji Tourism SME New Zealand Australia
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Beer has Direct Link between GDP and Consumption per Capita
[22 Dec 2010]
In a recent study on Beeronomics by the UBS, a leading Swiss firm providingfinancial services to private, corporate and institutional clients has found that there was a strong relationship between GDP
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Tags: Beer Alcohol Beverages Beeronomics Liquor
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Georgian Fir Cone Pickers Get Safe Deal in X-mas Tree Drive
[23 Dec 2010]
The ubiquitous Nordmann fir trees which don most European houses during Christmas are undergoing a major change in their sourcing practice, that risked many fir cone pickers lives for a pittance in th
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Tags: Georgia X-mas Christmas tree Tree Sales Denmark
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Hawala Scare Grips Malaysia Flight of Capital Hurts Economy
[28 Dec 2010]
A recent surge in illegal money transfers to the tune of several billions of USD each year has become a serious concern of the Malaysian central bank as it is feared that it may negatively impact the
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Tags: Central Bank Malaysia Hawala Money Transfer
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NZ High Mobile Rates Stagnate SME Growth and Overall Trade
[28 Dec 2010]
There is no other technology that has aided SME growth world over as that of mobile telephony did till date. However, in New Zealand, that premise cannot be applied as mobile rates did not periodicall
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Tags: New Zealand Mobile Vodafone Phone Charges
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Iran Attacks US for Colluding with Afghan Narcotic Trade
[29 Dec 2010]
At separate occasions, top Iranian officials lashed out at the US for being part of narcotic trade in Afghanistan in the garb of war on terror. Deputy Head of the Iranian Judiciary Ebrahim Raeesi and
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Tags: UN US Iran Drug Trade Narcotic Illegal Trade
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Emerging Seven to Usurp G7 in a Decade
[12 Jan 2011]
The latest reports by authoritative sources conclude the E7, lead by China and India will be larger than that of the G-7, the world’s largest industrialized markets in 2020. The reports published by P
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Tags: PwC HSBC G7 E7 Italy Austria
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CAFTA Helps Costa Rica to enhance Trade with US
[21 Jan 2011]
The Costa Rican Ministry of Foreign Trade (COMEX) stated that the total sales of country’s exports to the US rose 24 percent in 2010. Foreign Trade Minister Anabel González attributed the increase in
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Tags: Costa Rica The Dominican Republic El Salvador Guatemala Honduras Nicaragua
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Hong Kong Tops Globalization Index by Toppling Singapore
[27 Jan 2011]
According to a recent report by Ernst & Young in cooperation with the Economist Intelligence Unit (EIU), Hong Kong has topped the 60 largest economies in the world in terms of globalization. Singapore
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Tags: Hong Kong Ireland Singapore Denmark Globalization
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IN-TIME to Streamline Travel and Logistics across Europe
[31 Jan 2011]
An EU-funded project, the IN-TIME (Intelligent and efficient travel management for European cities) is expected to primarily reduce delivery and distribution costs to firms, and will allow people to f
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Tags: Czech Romania Italy Germany Norway Austria
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SMEs seek GST implementation, uniform VAT rates
[07 Feb 2011]
IIA an apex body of Micro, small and medium enterprises has sought GST implementation and uniform VAT rates across all states.
Here are the key demands:
Government proposes to introdu
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Tags: IIA Empowered Committee SAT Turn over tax Surcharge Additional Surcharge
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Trade and Monetary Issues Top Agenda at G-20 Meeting
[16 Feb 2011]
Developed economies still recovering from the financial crisis are looking for ways to regain momentum as the global economy shifts in favor of China and other emerging markets.
That task will
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Tags: G-20 Meeting Dominique Strauss-Kahn International Monetary Fund
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Farm Boom Is Leading to Growing Concerns
[01 Mar 2011]
The cure for higher commodity prices is usually higher commodity prices.
The global clamor for corn, wheat, soybeans and other crops has been a stroke of good fortune for the agricultural indus
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Tags: corn wheat soybeans nonfarm wages Kansas City Federal Reserve
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Government encouraging exports to contain rising CAD
[02 Mar 2011]
Worried over the rising current account deficit, the government today said that it is providing incentives to exporters to encourage overseas shipment to bridge the rising gap.
"We are concern
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Tags: GDP CAD Reserve Bank fiscal deficit
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China Reports Unexpected Trade Deficit as Export Growth Cools
[10 Mar 2011]
China reported an unexpected $7.3 billion trade deficit; the nation’s biggest in seven years, in February after a Lunar New Year holiday disrupted exports.
Outbound shipments rose an annual 2.
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Tags: Commerce Minister David Cohen Bloomberg Seasonal Distortion
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UK trade deficit drops sharply
[14 Mar 2011]
Rise in exports lifts expectations that trade will boost first-quarter GDP
Britain's trade deficit has dropped sharply, fuelling hopes that trade will make a strong contribution to GDP growth in th
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Tags: GDP growth oil food drink tobacco Daiwa Capital Markets IHS Global Insight
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India keen to export pharma products to China
[24 Mar 2011]
If the Chinese government cleared hurdles to provide market access, India could start exporting its pharmaceuticals to China in a big way. India made a strong pitch to push it, asserting that a good o
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Tags: Indian Drug Manufacturers Association API pharmaceutical industry SFDA
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World Bank chief urges new role in Middle East
[24 Mar 2011]
The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest. The poverty-fighting institution needs to find some way
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Tags: Robert Zoellick World Bank conference IMF neo-liberal economic policies
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Global coffee exports hit record 103.1 mn bags
[28 Nov 2011]
World coffee exports rose by 9 per cent to a record 103.1 million bags in the 2010-11 coffee years, but shipments in September were down by almost 15 per cent at 7.04 million bags, the International C
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Tags: Global Coffee Exports
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Apple drags Galaxy Note II to patent lawsuit
[26 Nov 2012]
Apple Inc. sought to add infringement claims over six more Samsung Electronics Co. products including the Galaxy Note II to its multi billion-dollar patent lawsuit against the South Korea based compan
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Tags: Apple Galaxy patent lawsuit
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Secrets of Social Success for B2B Companies -
[08 Apr 2013]
With 750,000 Twitter followers and social network presences on everything from Pinterest to China's Weibo, CME Group shatters the notion that b2b companies in regulated industries can't use social med
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Tags: Social Success B2B
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Intellectual Property Rights- U.S wants to tame India
[05 Aug 2013]
Dark clouds are looming as far as the once strong trade ties between India and the United States is concerned. The present scenario is one abounded by arguments and counter-arguments, especially when
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Tags: Intellectual Property Rights
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International Demand for Gold at a Four-year-low
[03 Sep 2013]
Looks like Gold has lost its legendary shine, atleast that’s what global market statistics for the second quarter of 2013 will have you believe. The World Gold Council (WGC) reports that the demand fo
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Tags: International Demand for Gold
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Falling Rupee kills the Vroom of the Indian Auto Industry
[10 Sep 2013]
The gears aren’t kicking in, the pickup is laboured and the ground clearance puts a tractor to shame. No, we aren’t talking about a recently released hatchback, but the Indian automotive industry. Cau
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Tags: Falling Rupee Indian Auto Industry
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UN Report Paints a Grim picture about Global Trade
[16 Sep 2013]
A top economic report, released by the United Nations Conference on Trade and Development (UNCTAD) on Thursday, 12-9-2013 hints at a slow and struggling global trade scenario that is likely to extend
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Tags: UN Report Paints Global Trade
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Diwali Assures a Cracking Time for India Inc
[28 Oct 2013]
It’s that time of the year again, Diwali is finally here. This period also marks as optimistic times for the strained Indian retail and manufacturing sectors. Sectors like automobiles, apparel, consum
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Tags: Diwali Cracking Time India
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Snippets from the Odisha MSME International Trade Fair
[13 Jan 2014]
Are tradeshows good for your business? Apparently so, if the stupendous success of the Odisha MSME International trade fair is any indication. This trade fair was jointly organised by the Micro, Small
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Tags: Snippets Odisha MSME International
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