Tradenews

Calf Aren’t Cheated Anymore, Cow Urine Fetches About $3/Litre [18 Feb 2009]  
Karanagiri, a village 280 kms away from Bangalore, the IT capital of India; people here raise cows to sell their urine and dung, but interestingly not milk. A litre of cow milk is half a dollar in Ind  ...More
Tags: cow urine     calf     bangalore    
Cambodian Garments Record 7 Percent Growth in Exports [18 Feb 2009]  
Garments, the backbone of Cambodian exports were able to register 7 percent growth in 2008 to $3.15bn from its previous year. Even in 2008, the US continued to be the largest market for Cambodian garm  ...More
Tags: garments     exports     garments industry    
EC Praises Hungary’s Economic Policy yet Soft-pedals on Early Adoption of the Euro [25 Feb 2009]  
The European Commission’s President Jose Manuel Barroso commended the Prime Minister of Hungary, Ferenc Gyurcsany while he received him in Brussels, the headquarters of the EU for his government’s pol  ...More
Tags: european commission     economic crisis     hungary    
The EU Prods Thailand to be Proactive on FTA [03 Mar 2009]  
European Commission Trade Director-General and Chief Negotiator, Philippe Meyer said in Bangkok at the sidelines of ASEAN Business Investment Summit that the EU was keen on inking a free trade deal wi  ...More
Tags: european commission     bangkok     Singapore    
India to Augment Gold Mining to Counter Imports – Opportunities for Foreign Firms [05 Mar 2009]  
The Indian government has instructed Geological Survey of India (GSI) to ferret for gold and diamond reserves in all possible locations in India within a period of three years. GSI is a state-owned en  ...More
Tags: india     gold mining     importers    
Argentina Joins the Visa-free Regime with Russia [13 Mar 2009]  
Argentina has become the sixth country from Latin America to remove visa requirements for Russian citizens to travel to their country. Argentine Foreign Minister Jorge Taiana signed the draft in the p  ...More
Tags: argentina     latin america     russia    
Africa Clamours for Aid Prior to the G-20 Summit [18 Mar 2009]  
During the Consultative Meeting prior to the G-20 Summit between the leaders of the African nations and the Prime Minister of Britain, Gordon Brown, the African leaders have strongly appealed to relea  ...More
Tags: african     G-20 Summit     africa    
World Water Forum Concludes without Committing Water as a Human Right [23 Mar 2009]  
A week long fifth World Water Forum (WWF) has ended even this time around without giving water the status of ‘basic human right’ to diplomatically avoid the implications of such a statement. Nonethele  ...More
Tags: world water forum     basic human right     wwf    
GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat [13 Apr 2009]  
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Indu  ...More
Tags: gcc     oil price     gulf    
S. Korean Parliamentary Committee Approves the US-Korea FTA amid Opposition [24 Apr 2009]  
A South Korean Parliamentary Committee has ratified the FTA with the US in an effort to get it tabled in the parliament for the final vote. The draft will be sent to the plenary session of the parliam  ...More
Tags: korean parliament     foreign affairs    
Egypt Removes Additional Tariff – India Expects the Same from Turkey [24 Apr 2009]  
Mounting pressure from the Indian government has forced Egypt to call off the ‘precautionary fee’ of 25 percent of CIF value imposed in January this year on Indian cotton yarn, fabric and sugar. This  ...More
Tags: egypt     turkey     citi    
The EU Foreign Ministers Meet Will Decide the Extension of Myanmar Sanctions [27 Apr 2009]  
At a meeting at Luxembourg today, the foreign ministers of the EU will review whether the three year old sanctions imposed on Myanmar (Burma) to be extended or not. Though there are other key issues t  ...More
Tags: foreign ministers     myanmar    
Shipping Company Prays for New US Law to Arm Ships against Piracy [06 May 2009]  
While testifying before a Senate subcommittee over the pirate attack on one of his vessels last month, Philip J. Shapiro of Liberty Maritime Corp. appealed to the Congress to pass a legislation allowi  ...More
Tags: shipping company     US law     attack    
GCC Rail Projects Provide Huge Opportunities for Rail and Related Global Businesses [14 May 2009]  
Apart from about 4000km long rail tracks criss-crossing the GCC states, there are several other railway projects in progress and coming up across Gulf region. France, China, the US, UK and India alrea  ...More
Tags: GCC     rail projects    
Australia and New Zealand Criticize the US Subsidies to Dairy Exports [25 May 2009]  
The US move to re-introduce subsidies to 92,000 tons of dairy exports including milk powder, butter and cheese has been decried by both major dairy producing nations New Zealand and Australia. Prime M  ...More
Tags: Australia     New Zealand     agriculture    
Russia Proposes Grain Triangular Union with Ukraine and Kazakhstan [08 Jun 2009]  
At the recently concluded World Grain Forum, Russia showcased a model which is expected to help the grain producers of Russia, Ukraine and Kazakhstan to counter price volatility of the world grain mar  ...More
Tags: Russia     Ukraine     world grain forum    
Kenyan Women Farmers Find Solace in the Burgeoning UK Organic Market [10 Jun 2009]  
According to a recent report by the International Trade Centre (ITC), the export development agency of the WTO and the UN has stated the organic trade to the UK is helping a number of Kenyan farmers a  ...More
Tags: Kenyan women     organic market    
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  ...More
Tags: Global Stimulus     anti-corruption    
World’s Largest Solar Project to Transform Energy Domain [25 Jun 2009]  
Guenter Gloser, deputy foreign minister of Germany in an interview to Reuters said the world’s largest solar project, the German-led consortium Desertec would create win-win environment for both Afric  ...More
Tags: Solar project     Germany    
Indo-US FTA will be a Reality if Agriculture is excluded [30 Jun 2009]  
FICCI president Harsh Pati Singhania while concluding his week-long trip to the US stated that instead of waiting for long, it was in the interest of both the countries to move forward with an Indo-US  ...More
Tags: Indo-US     fta     agriculture    
India Strikes Hi-Grade Uranium 600km away from Bangalore [02 Jul 2009]  
The nondescript Gogi village in Gulbarga district about 600km away from Bangalore will soon become the uranium capital of India with its serendipity of superior uranium discovery, the highest value ur  ...More
Tags: India    Uranium     Gulbarga    
Fake Items are on the Rise in the EU – Seizures Double [13 Jul 2009]  
The European Commission in its latest report stated the customs seizures of fake goods have grown by about 125 percent in 2008 from the previous year. It said China maintained its position as the majo  ...More
Tags: European commission     Cigarettes     NAFDAC    
Saudi Arabian Citizenship for Long-term Expats [14 Jul 2009]  
According to sources, Saudi Arabia is understood to have informed the International Labour Organisation (ILO), the Geneva-based world labour body that it has plans of considering its expats into natur  ...More
Tags: Saudi Arabia     ILO     GCC    
The EU Agency Rejects Hype on Health Claims of Food Products [21 Jul 2009]  
The EU’s food safety agency EFSA has rejected the claims of about 65 food products of their unproven health benefits through its scientific investigation. The EFSA’s (European Food Safety Authority) f  ...More
Tags: EU Agency     food products    
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  ...More
Tags: Suez canal     Egypt     foreign currency    
India Pitted Against with China in Ban Game [29 Jul 2009]  
China has warned India that it would also clamp restrictions on Indian food products including seafood and sesame oil if India did not remove ban on its dairy products. China reacted following India b  ...More
Tags: India     China     game    
India and Nigeria to Streamline Pharma Exports [03 Aug 2009]  
India is expected to sign pharma deals with Nigeria, the country’s largest trading partner from Africa to reclaim and boost the pharmaceutical exports after fake ‘Made in India’ drugs originating fro  ...More
Tags: India     Nigeria     Pharma Exports    
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  ...More
Tags: Malaysia     Europe     EU     EC     VPA     FLEGT    
New Mexico Gov Calls the Trade Mission to Cuba Productive [26 Aug 2009]  
New Mexico Governor Bill Richardson after meeting up with the top political and trade representatives of Cuba to promote agri-business has stated the exchanges among them were ‘very positive’. Richard  ...More
Tags: New Mexico     Cuba     agriculture    
Free Fall in Shipping Rates to Devastate Industry [01 Sep 2009]  
A Bloomberg survey by six analysts and fund managers predicts that the rate for leasing capesize vessels will reach as low as $18,000 from its current price of $37,865 per day. It should be recalled t  ...More
Tags: Bloomberg     Netherlands     BDI    
Pakistan Cashes in on Libyan Anniversary to Promote Trade [02 Sep 2009]  
The Pakistani delegation headed by Prime Minister Yousuf Raza Gilani has fully utilized the opportunity provided by the 40th anniversary of the Libyan Revolution (Al-Fateh) to facilitate bilateral tie  ...More
Tags: Pakistan     GSP     FTA    
New Banking Software to Make Life Easy for SMEs Worldwide [03 Sep 2009]  
In a recent press release by the International Trade Centre (ITC), the export development agency of the WTO and the UN, has informed that it had launched a software to assess the credit worthiness of  ...More
Tags: bank     SME     ITC     UNOG     finance    
Japanese Morning Banana Diet Lifts Filipino Exports [08 Sep 2009]  
A sudden rise in banana consumption in Japan owing to the Morning Banana Diet (MBD) designed by Hitoshi Watanabe and wife Sumiko to lose weight in last September has significantly helped the Philippin  ...More
Tags: Japan     exports     PBGEA     JPEPA     MBD    
Bangladeshi SMEs Want Regulatory Barriers Disposed [15 Sep 2009]  
In a recent conference organized by the SME Foundation of Bangladesh has inferred that the country needed an SME-friendly environment without regulatory barriers to take the sector to the next level o  ...More
Tags: Bangladesh     SME     MIDAS    
Poor Agri-Infrastructure Fail Nigerian Fruit Exports [16 Sep 2009]  
Lack of sustainable infrastructure to support farm products in Nigeria has caused inadequate supply of fruits in the market during the month of Ramadan despite having large farmlands. Nigerian fruit t  ...More
Tags: Nigeria     Fruit Exports     FAO    
Arab Banking Conference to Focus on Reforms and Investments [24 Sep 2009]  
The two-day Annual Arab Banking Conference to be held in Beirut, Lebanon between November 19 and 20 would lay emphasis on pan-Arab investments in the new global economic order post-meltdown, the Union  ...More
Tags: Arab     UAB     economy     G20 committe    
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  ...More
Tags: India     Australia     FTA     natural gas    
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  ...More
Tags: Egypt     Israel     Gazan     Jerusalem    
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  ...More
Tags: Bangladesh     India     China     IDCOL     SEAL    
Aus Vegetable Farmers bogged down by Imports and Input Costs [06 Oct 2009]  
According to AUSVEG, the peak industry body that represents the Australian vegetable growers, the vegetable industry is troubled by imports and rising input costs. AUSVEG CEO Richard Mulcahy referred  ...More
Tags: Vegetable     AUSVEG     Australia     ABARE     HAL    
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  ...More
Tags: Biomass Power Plant     Latin America     natural gas    
UN Says Surge in World Trade Failed Workers of Poor Nations [13 Oct 2009]  
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  ...More
Tags: UN    World Trade    ILO    WTO    Latin America    GDP    
Relaxation on Remittances Needed to Help African Families [21 Oct 2009]  
In a report by a UN Agency urged countries to remove restrictions and costly fees on remittances imposed on the $40bn that the migrant workers of Africa send home each year. The report prepared by Int  ...More
Tags: IFAD    AfDB    FDI    G8 group    
EU Won’t Seek Regime Change in Cuba but Compliance to Rights [05 Nov 2009]  
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 side  ...More
Tags: EU    Cuba    Spanish    Raul Castro    Gucht    
Karzai Seeks Islamic Trade Ties to End Afghan Crisis [10 Nov 2009]  
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 lookin  ...More
Tags: Islamic Trade    Afghan    OIC    COMCEC    NATO    Turkey    
US Exports to North Korea Impacted by Trade Embargo [17 Nov 2009]  
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,  ...More
Tags: US Export    North Korea    trade    Pyongyang    South Korean    
India Awaits Major Surge in Investments from the GCC [23 Nov 2009]  
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 in  ...More
Tags: India    investment    GCC    Qatar    FDI    
Bulgarian Hoteliers to Start Own Bank to Tame Credit Crisis [25 Nov 2009]  
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 o  ...More
Tags: Bulgaria    economy    crisis    H1N1    
Developing Nations barring China Joint Hands to Cut Tariff [03 Dec 2009]  
The trade representatives from 22 nations of developing and emerging economies at the sidelines of the three-day WTO ministerial meet have signed an accord to reduce industrial tariffs. According to t  ...More
Tags: China    WTO    MERCOSUR    India    Mexico    Morocco    GDP    
Growth of Cheap Fakes Continue to Hurt Cell Phone Majors [08 Dec 2009]  
Gartner, a market research firm has stated in its recent report that knock-offs or cheap imitations of branded mobile phones would double their growth by this year to eat away more than 10 percent of  ...More
Tags: Cell Phone    Mobile    GSM    CDMA    SIM    IMEI    
Russia to Lead Gas Exporters – Reinforces its Position [10 Dec 2009]  
Leonid Bokhanovsky, a board member and the first vice president of the leading engineering-construction company Stroitransgaz of Russia has been chosen as the General Secretary of the Gas Exporting Co  ...More
Tags: Russia    GECF    gas exports    Iran    India    
Argentina Sees Remarks by US Envoy as Political Posturing [18 Dec 2009]  
The US Secretary of State for Western Hemisphere Affairs Arturo Valenzuela’s recent visit to Argentina did not pan out as expected after he quoted the US businessmen had raised investment doubts over  ...More
Tags: Argentina    US    Chile    terrorism    drug trafficking    
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  ...More
Tags: US    USDA    EMP    agricultural products    Africa    TIRF    
GCC to Perk Up on Low Realty Cost [22 Dec 2009]  
In a recent report by AT Kearney, a leading global management consulting firm stated Dubai's capacity to "rebound fast should not be underestimated, with low real estate prices at offer now”. It furth  ...More
Tags: GCC    Dubai    Economy    China    India    UAE    Dubai    
S-Korea Plans 2nd Capital City with Incentives to Investors [05 Jan 2010]  
The changed plans for Sejong city, located about 130kms south of Seoul, from administrative township to a science-business one will take off after a nod from the parliament with incentives for all est  ...More
Tags: S-Korea    PMO    FEZ     free economic zone    Sejong    
US Farm Bureau Laments Trade Deal Delays Ahead of Annual Meet [08 Jan 2010]  
An official of the American Farm Bureau Federation (AFBF), the largest farm organization in the US said delays by Obama administration to strike trade deals with potential countries and blocs were cau  ...More
Tags: US    AFBF    Barack Obama    trade    FTA    agriculture    ASEAN    
Myanmar Will Bring China and India Closer by Reopening Old Route [13 Jan 2010]  
According to sources, Myanmar has agreed to honour a long standing need of the region by re-opening the Stilwell Road to facilitate trade among China, India and Myanmar. At the recently concluded 5th  ...More
Tags: Myanmar    China    India    fruit    grain    vegetable    textile    
Business Connivance Virus – In 90s Tobacco and Now H1N1 [19 Jan 2010]  
According to a study, what the world is hearing from the H1N1 space about the false pandemic alarm and the WHO staff’s collusion with pharma powerhouse are just what happened in the 1990’s at the behe  ...More
Tags: Business    Tobacco    H1N1    EPC    GSK    RT    
What to Eat - Farmed or Wild Salmon - Debate Rages on [20 Jan 2010]  
It is a well known fact that salmon is the most sought after fish for its delicacy status and health benefits. Consequently, salmon is also the most farm-raised fish with its high demand and lucrative  ...More
Tags: CNN    PCB    EWG    NFI    BCSFA    business    
China Acts by welcoming More Indian Goods [21 Jan 2010]  
The Chinese Premier Wen Jiabao gave assurance to the visiting Indian Commerce and Industry Minister Anand Sharma that his country would do everything to iron out trade imbalances with India. New Delhi  ...More
Tags: China    Indian goods    China export    India    
EU Aims to Tide over WTO Ceiling on Sugar Exports [22 Jan 2010]  
In the wake of repeated requests from International Confederation of European Beet Growers (CIBE) and other sugar agencies of Europe to export surplus sugar, the EU as a ‘matter of urgency’ is plannin  ...More
Tags: EU    WTO    sugar exports    CIBE    Europe    India    Brazil    
Online Exporter Guide from ITC to Mainly Aid Africa [23 Jan 2010]  
The International Trade Centre (ITC) has launched a comprehensive, interactive trilingual online version of its Cotton Exporter’s Guide as an outreach to improve the skills and abilities of developing  ...More
Tags: online exporter    cotton exporter’s guide    ITC    UNCTAD    
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  ...More
Tags: Latin America    single currency    ALBA    US    
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  ...More
Tags: New Zealand    NZ    economy    SPADA    LBSPG    WD    Avatar    
FIFA and SA Allay Fears over World Cup Security [28 Jan 2010]  
The president of South Africa (SA) Jacob Zuma and the FIFA's secretary general Jérôme Valcke at separate occasions informed there was no security threat to the forthcoming football (soccer) World Cup  ...More
Tags: FIFA    SA    South Africa    World Cup    WEF    Germany    
China to Tax E-tailers as an Act of Internet Regulation [02 Feb 2010]  
China’s Administration for Industry and Commerce will soon keep tabs on its online businesses to check fraud and generate revenue through one of the country’s fastest growing industries. A new proposa  ...More
Tags: China    internet    commerce    business    Beijing    
Russia to be Less Reliant on Food Imports [08 Feb 2010]  
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 foo  ...More
Tags: Russia    food imports    grain export    India    China    
US-Mexico Truck Dispute Enters Hope Highway [10 Feb 2010]  
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.  ...More
Tags: US    Mexico    economy    NAFTA    agriculture    
Nigeria Offers Free Land and Tax Holiday to Indian Investors [11 Feb 2010]  
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 r  ...More
Tags: Nigeria    India    NIPC    economy    GCMMF    milk powder    
Malaysia to Hire Foreigners for Custom-made Garment Industry [16 Feb 2010]  
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 t  ...More
Tags: Malaysia    garment    MIBA    India    business    
GCC Becomes the Largest Food Importer [17 Feb 2010]  
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 s  ...More
Tags: GCC    WTO    food importer    BMI    UAE    
New Nature-friendly Plastics to Revolutionize Global Industry [23 Feb 2010]  
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 r  ...More
Tags: plastics    industry    EPSRC    food    agriculture    
Migrant Workers Fuel e-Wallet Growth in the Gulf [24 Feb 2010]  
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 w  ...More
Tags: fuel    Gulf    VAS    business    Sweden    
Vietnam Dismisses Taiwanese Charges on Chinese Goods [26 Feb 2010]  
A Vietnamese trade representative to Taipei rebutted the allegations of dried day lily from China being routed through his country to bypass Taiwanese restrictions on Chinese agricultural products. Hi  ...More
Tags: Vietnam    DPP    VECO    Taiwan    agriculture    
Greece Needs Pragmatism not Post mortem [01 Mar 2010]  
Greece, the EU member state, which is experiencing a severe economic crisis, has literally become a thorn in the flesh to the Union. Initial analysis on the ongoing crisis indicate a likely domino eff  ...More
Tags: Greece    EU    economy    Germany    Olympic games    
WTO Could be a Stage to Resolve Google-China Faceoff [04 Mar 2010]  
At the behest of Google, the Obama administration is reviewing the options of complaining to the World Trade Organization (WTO) over the Chinese censorship of Google Inc., the search engine powerhouse  ...More
Tags: WTO    Google    China    IAF    trade    internet    
UK Illicit Pharma Exports to Expand If Gov Actions Fail [09 Mar 2010]  
The recent emergency meeting summoned by the UK Health Minister Mike O'Brien with the trade bodies to condemn and act against the parallel drug trade may become a lip service if the government fails t  ...More
Tags: UK    pharma export    NHS    drug    
Washington Apple Industry Eyes Larger Share of Asian Markets [12 Mar 2010]  
An apple industry head from the US said Washington apples had great future in the Asian markets including Iraq, Iran, India, and even China as they were tastier and of higher quality than the ones whi  ...More
Tags: Washington    Apple    Asia    US    WAC    AMFI    
Developing Nations Follow Rich - Pile up Arms with New Lucre [17 Mar 2010]  
According to a new study, the emerging economies of Latin America as well as South Asia are amassing arms to improve their defence status with their new earnings delivered by globalization. In the pas  ...More
Tags: Latin America    SIPRI    Germany    France    Russia    
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  ...More
Tags: EU    export    Belgium    Cyprus    Italy    Finland    Malta    
Fairtrade Enters Gold Market with New Standard [19 Mar 2010]  
The Fairtrade Foundation, a market-based social organization has announced that it had jointly developed a gold standard with the Alliance for Responsible Mining (ARM), a coalition of individuals and  ...More
Tags: ARM    A&S    FLO    F&F    gold    jewellery    
Cameroon Pet Fishers Start to Earn More via WB-backed Project [01 Apr 2010]  
A sustainable aquaculture program developed by the World Fish Centre (WFC) with the sponsorship from the World Bank (WB) is bringing about a change among the ornamental fishing communities of Cameroon  ...More
Tags: Cameroon    fish    WFC    World Bank    Africa    Gulf    
US-Nigeria Aims to Ameliorate Ties by Broad-based Accord [05 Apr 2010]  
The US and Nigeria would be attempting to upgrade its diplomatic ties through a historic comprehensive commission pact to be signed on Wednesday in New York. The bi-national commission agreement comes  ...More
Tags: US    Nigeria    AGOA    TIFA    Africa    
Dutch Revving to Re-write 400yr-old Trade History with India [06 Apr 2010]  
The Netherlands has sent a high level delegation to India to tap the growing importance in the world economy of its long-standing trade partner. The five-day Netherlands economic mission which started  ...More
Tags: Dutch    Netherlands    India    GNP    Europe    
China will continue to Spur Its Firms to Invest in Vanuatu [13 Apr 2010]  
Prime Minister of Vanuatu Edward Natapei met Chinese Premier Wen Jiabao at Beijing in honour of latter’s invitation. Natapei’s 6-day visit to China is expected give added fillip to the already strong  ...More
Tags: China    Vanuatu    Africa    Beijing    
Kenya Names Bamboo as Wonder Food – Imparts Skills to Farmers [14 Apr 2010]  
The Kenya Forestry Research Institute (Kefri) and other groups are helping farmers to become compliant to a government order by supplanting eucalyptus trees to more versatile bamboos. According to the  ...More
Tags: Kenya    bamboo    food    Kefri    biotechnology    
India Scales up Vegetable Exports by 70 Percent [19 Apr 2010]  
In a data presented by Minister of State for Commerce and Industry of India, Jyotiraditya M Scindia concluded that country’s vegetable exports are showing stupendous growth since last year. According  ...More
Tags: India    vegetable    export    APEDA    EICDGI&S    FTP    
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  ...More
Tags: ACTA    WIPO    online    New Zealand    Australia    Singapore    
UN Report Warns Neglect of Water and Sanitation to Nullify Progress [22 Apr 2010]  
According to a UN study on water and sanitation, the economic growth of every country is directly linked to its progress made in providing potable water and sanitation facilities. It says there is str  ...More
Tags: UN    MDGs    WHO    GLAAS    WASH    UNICEF    water    
US-Cuba May Hammer out a Deal Soon Despite Divergences [27 Apr 2010]  
The two events, the legislation passed by the US House of Representatives easing travel and trade restrictions and recent municipal election in Cuba suggest the US will end the 48yr-old embargo agains  ...More
Tags: US    Cuba    Barack Obama    rice    agriculture    
Uganda Welcomes New Development Plan with Hopes and Doubts [07 May 2010]  
Uganda's latest offering of the new National Development Plan (NDP) is looked upon by its citizenry with lot of hope as well as misgivings. The failures of past experiments to perk up the economy are  ...More
Tags: Uganda     development     hope     NDP    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Oman-France Eco-tourism Foray on Course despite Deferment [11 May 2010]  
A workshop on 'green architecture and eco-tourism' will be held in Oman between 15 May and 17 May after becoming one of the many casualties to Iceland's volcanic ashes which disrupted air-travel last  ...More
Tags: Eco-Tourism     Ecology     Oman     France    
Used Cooking Oil-based Bio-diesel becomes a Rage in US [12 May 2010]  
In the US, companies and communities alike are fashioning the new wave of energy production by converting cooking oil waste to bio-diesel not just for greening but also for profits and revenue generat  ...More
Tags: US     cooking oil     Bio-diesel     Diesel    
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  ...More
Tags: Uganda     malaria     mosquito     Africa    
GCC Puts Oil and Gas Exports at $18.3tn [24 May 2010]  
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil  ...More
Tags: GCC     oil     stock     crude     finance     Dubai    
World Oceans Day 2050 would be a Fishless Celebration [30 May 2010]  
According to a recent UN report, the World Oceans Day June 8 designated and celebrated by the UN since last year would be a fishless one in 2050 if the fishing industry failed to restructure itself. T  ...More
Tags: Fish     World Oceans Day     Fishing    
Nigeria Loses 10 Percent of the GDP to Illegal Maritime Acts [03 Jun 2010]  
A top official from the Nigerian government has informed that the country was losing more than 10 percent of the GDP solely due to illegal maritime activities taking place in the Nigerian waters. The  ...More
Tags: Nigeria     GDP     Trade     PICOMSS     NSA    
Afghan Serendipity Exposes US Interests in Business of War [15 Jun 2010]  
It was always a mystery why most military powers constantly attempted to occupy often portrayed derelict Afghanistan, but with the latest discovery of the country being seated over more than $1tn prec  ...More
Tags: Afghanistan     US     War     Mineral     Metals    
India Diamond Trade Bolsters - Yet Short of Pre-crash levels [18 Jun 2010]  
According to the Gem & Jewellery Export Promotion Council (GJEPC), India's polished diamond exports rose 73 percent year on year to almost $1.8bn in May and the polished imports rose 68 percent during  ...More
Tags: GJEPC     Gems     Diamonds     India     Mining    
Lewis Turning Point of Chinese Economy May Improve Quality [21 Jun 2010]  
The recent strikes at Honda and other factories in China for pay hike have to be construed as the fallout of the dearth in obtaining 'qualified' workers and the rapidly changing mores of the Chinese w  ...More
Tags: China     Labout Force     Skills     Growth    
Discarded Plastic Bottles Provide Housing for Poor in Lat-Am [23 Jun 2010]  
The ubiquitous plastic bottles, a serious menace to nature is becoming a key raw material in building houses for the low income families of Latin America. The brain behind this project is understood t  ...More
Tags: Latin America     Spanish     Bottles     Green    
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  ...More
Tags: Malaysia Airlines     Apple     iPad     Flight    
Normalcy in Kyrgyzstan Weigh beyond Parliamentary Democracy [30 Jun 2010]  
Despite a referendum for parliamentary democracy, the future of Kyrgyzstan depends a lot on the foreign policy for the country by Russia and the US. Russia along with the US backed the decision to go  ...More
Tags: Kyrgyzstan     NATO     Parliamentary     Democracy    
Indo-Bhutan Power Trade to Reciprocally Obviate Dearth [09 Jul 2010]  
India's plan to create over $1bn sovereign-backed fund to boost trade and investment for domestic power utilities in South Asia will largely benefit Bhutan to fund its power distribution projects to i  ...More
Tags: Bhutan     Renewable     Power Generation     India    
EAC Common Market Likely to Slash Cost of Consumables [12 Jul 2010]  
The East African Common Market (EACM) which came into force on July 1 is expected reduce prices of household items as the new 'competitive' market environment will trigger some price shake-up on many  ...More
Tags: EACM     EAC     Uganda     East African Business Week    
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  ...More
Tags: Kuwait     KUNA     Al Sammak     KCCI     GCC     America    
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  ...More
Tags: Turkey     Portugal     Davutoglu     Manouchehr Mottaki    
Indo-Pak Ties - The Chokepoint for Indian Exports to Afghan [19 Jul 2010]  
The trade treaty signed on Sunday between Pakistan and Afghanistan has become a major embarrassment to the visiting US Secretary of State Hillary Clinton as the deal conspicuously disallows Indian exp  ...More
Tags: Indo-Pak     Afghan     Exports     Clinton     Commerce    
Mercosur-Egypt FTA Likely to Exclude Sensitive Poultry Trade [23 Jul 2010]  
The Free Trade Agreement between Mercosur and Egypt is expected to label poultry in the sensitive category as the latter fears it may adversely impact the domestic industry. According to the Al-Masry  ...More
Tags: Egypt     Trade     Commerce     Mercosur     Poultry    
Cambodia Garment Strike Spotlights on Labor Rights [29 Jul 2010]  
The wraith of global meltdown is still resonating in some form or the other in most outsourcing dependent countries. The recent Cambodia garment workers’ strike turns out to be a perfect case in point  ...More
Tags: Cambodia     Strike     Garment     Wrokers     Phnom Penh    
Tourism Primed to Spur Economic Growth of UK for a Decade [02 Aug 2010]  
The finding of a report on the UK tourism industry reveals that the tourism revenue of the country is set to rise by more than 60 percent to £188bn by 2020, and one of the main draws of the next decad  ...More
Tags: UK     Tourism     Deloitte     Olympic Games 2012    
Aviation Industry Lengthens Trajectory in Africa [09 Aug 2010]  
Renewed confidence in the African economic renaissance, most international airlines are on an expansion mode in the African continent to meet the growing demands of a prospective travel and freight ma  ...More
Tags: Aviation     Africa     British Airways     Belgian    
China Okays Iran Sanctions – Yet Holds Trade with Impunity [10 Aug 2010]  
The recent sanctions against Iran hammered out by the US and like-minded countries targeting energy and banking sectors have become more blatantly farcical when China resumed oil trade with Iran even  ...More
Tags: China     Iran     Russia     Oil     Trade     Sactions     Energy    
Trade Overtures by Brazil to Arab World Pay Huge Dividends [12 Aug 2010]  
According to the recent data released by the Ministry of Agriculture, Livestock and Supply of Brazil indicate that the country’s exports to the Arab region have increased by leaps and bounds. Brazil's  ...More
Tags: Brazil     Arab     Aladi     Egypt     UAE     Trade    
Philippines is after Casino Biz amid Opposition [13 Aug 2010]  
The Philippines aims to become Asia's next big gambling hub by building casinos and related entertainment zones across the country amid controversy. According to Philippine Amusement and Gaming Corpor  ...More
Tags: Philippines     Casino     PAGCOR     Gambling     Stock    
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  ...More
Tags: Dubai     Jebel Ali     DAFZ     Ras Al Khaimah     Gulf    
Country in Conundrum of Siding Whom Leaves Citizens Starving [26 Aug 2010]  
Despite relative success of reaping decent harvest after the worst violence interfered with the first of the two crops of the year in June, the farmers in Southern Kyrgyzstan are at the crossroads for  ...More
Tags: Kyrgyzstan     Crisis     Kyrgyz     UNDP     Economy    
Investment Threshold Makes Ghana No Entry for Businesses [30 Aug 2010]  
An analysis on investments in Ghana finds that an old law is restricting foreign investments to that country as it prescribes unreasonable minimum investment limit while leaving out domestic ones from  ...More
Tags: Ghana     ECOWAS     Nigeria     Exports     Africa    
Taiwan to Ease Visa Process to Promote Business with Hong Kong [30 Aug 2010]  
In a bid to boost trade ties with Hong Kong, Taiwan plans to simplify procedures for visa issuance for Hong Kong citizens in the near future, the Mainland Affairs Council Chairwoman Lai Shin-yuan said  ...More
Tags: Hong Kong     Taiwan     China     ECCPC     ECCC    
UNIDO gives Fillip to West African Economy [02 Sep 2010]  
The United Nations Industrial Development Organization (UNIDO) is understood to have decided to chart out plans to boost trade partnership within West Africa. The UNIDO Director Felix Ugbor laid out t  ...More
Tags: UNIDO     AGM     West Africa     Nigeria     ECOWAS    
China Opens Trade Show with Equalitarian Investment Outlook [08 Sep 2010]  
The Chinese Vice President Xi Jinping officially launched the annual international fair by raising a symbolic "golden key" to open the exhibition hall at Xiamen in the southeast Fujian Province. At th  ...More
Tags: China     Xi Jinping     CIFIT     WTOGPA    
Global Amphibian Trade Thrives on Porous Legal Framework [10 Sep 2010]  
An interview on WOMM-LP, a non-commercial community radio station based in the US, between leading amphibian experts has disclosed - along with the trade and consumption of frogs and other related liv  ...More
Tags: WOMM-LP     Frogs     Eco-system     Amphibians    
EU-CARIFORUM EPA Remains a Slow Starter [14 Sep 2010]  
A study claims that the objective of meeting economic growth in the Caribbean region has not been met even after two years of signing the Economic Partnership Agreement between the EU and the Caribbea  ...More
Tags: CARIFORUM     CaPRI     CIGI     EU     Caribbean    
India Rupee Growth Boosts Confidence amid Trade Deficit Worries [22 Sep 2010]  
The Indian currency with its new symbol is riding high as since May 2009 investors pumped in unprecedented $24bn into the nation's stocks and bonds. In contrast, the BOP statistics draw a gloomy pictu  ...More
Tags: INR     Currency     USD     Bloomberg    
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  ...More
Tags: Senegal     Africa     Dakar     Africa    
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  ...More
Tags: Russia     Global Markets     Investments    
Congo Mineral Ban Conflicts its Objective [04 Oct 2010]  
The Congolese government's ban on mining activity since Sep 11 following increased violence and rape in Congo's eastern Walikale district, home to most of the country's cassiterite - tin ore, is belie  ...More
Tags: Congo     War     Kimberly     Blood Diamonds    
Japan Trains Eye on Mongolian Rare Earths after Spat with China [06 Oct 2010]  
Last month's unofficial Chinese ban on rare earth shipments to Japan following a row over the detention of a Chinese trawler captain has alerted Japan to scramble for the critical minerals elsewhere.  ...More
Tags: Japan     China     Mining         
Bangladesh to Gain from Lankan Absence in EU Apparel Market [08 Oct 2010]  
Sri Lanka being excised from the Generalised System of Preferences Plus (GSP+) status from the EU is reported to allow Bangladesh to exploit the space as it is a competing entity to the Lankan ready-m  ...More
Tags: GSP     EU     Apparel Market     Bangladesh    
Kenya Packages Tourism as a Key Source of Economic Growth [11 Oct 2010]  
According to industry observers, the Kenyan tourism is experiencing a windfall in business this year after declining consecutively for last two years with political instability and global meltdown. La  ...More
Tags: Kenya     Tourism     Revenues     GDP     Africa    
Thailand Gears up to Enhance Trade with a Democratic Myanmar [13 Oct 2010]  
About 200km Myeik-Mawtaung new road under construction between Thailand and Myanmar will become one of the major features of enhancing cross-border trade between both countries. On Monday, Thai Prime  ...More
Tags: Thailand     Myanmar     Aung San Suu Kyi     NLD    
Swiss Banks Thrive despite Reversals in Client Secrecy [18 Oct 2010]  
Latest report indicates Swiss private banks resisted client secrecy censures by the US, France and Germany to attract more than 50bn francs ($53bn) of assets since the end of 2007. According to data c  ...More
Tags: Swiss     UBS     Francs     Bloomberg     Banking    
Germany Aims to Create Greater Sync with India [18 Oct 2010]  
A three-day visit to India by German Minister for Foreign Affairs and Vice Chancellor Guido Westerwelle is believe to rev up Indo-German ties beyond trade as both nurse the goal of becoming the UN Sec  ...More
Tags: Indo-German     Germany     Trade     Guido Westerwelle    
OPEC So Far Bore 400bn Bls – All Set to Pump another Trillion [20 Oct 2010]  
A Saudi top official while addressing a seminar said the Organization of Petroleum Exporting Countries (OPEC), which celebrated its golden jubilee last month, has produced more than 400bn barrels sinc  ...More
Tags: Saudi Arabia     OPEC     Global Oil Industry    
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  ...More
Tags: Genetically Modified     Gene Ethics     Crops    
Venezuela Safe Narcotic conduit for Terror Networks [28 Oct 2010]  
In a latest report by the CBN News says that narcotic drugs make a nefarious nexus between Venezuela and global Islamic terror outfits. It blames that Venezuela, notably with the blessing of its presi  ...More
Tags: Venezuela     Narcotic     Terror     Noriega    
High Time Africa Reckoned Its Business Potential [28 Oct 2010]  
A simple anecdotal incident from an editor of an African media house has pinpointed the loss of African business opportunities within the continent. Kadaria Ahmed editor at Timbuktu Media wrote that p  ...More
Tags: Abdoulie Janneh     aggrandisement    
Europe Online Ad Spend Will Soon Well be over that of US [09 Nov 2010]  
IAB Europe, an organization which promotes the European digital and interactive marketing industry, in its recent report stated online ad spend across Europe would experience double digit growth with  ...More
Tags: McKinsey     Advertising    
Hong Kong Minimum Wage Decision to Influence Many Others [16 Nov 2010]  
Hong Kong’s decision to implement minimum wage is expected to have a domino effect on many resurgent Asian economies as most of them are socialistically inclined democracies. Hong Kong floor wage, whi  ...More
Tags: Hong Kong – Wages - Labour – Macau - Trade Union    
Terror Fear to Step-up Middle East Spend on Security Systems [18 Nov 2010]  
According to an industry expert, the increasing fear of terror strikes is compelling public as well as private sector in the Middle East to enhance their outlay on security systems and related technol  ...More
Tags: Security Systems    Gulf    Middle East    Intersec    
Antigua & Barbuda Diversified Return to Agri-business a Success [24 Nov 2010]  
The Antigua Black Pineapple export project, which began in November 2008 with joint backing from the Antigua & Barbuda Development Bank (ABDB) and Norway, has been termed as a success by the bank offi  ...More
Tags: Antigua&Barbuda    ABDB    Norway    Pineapple    Tourism    
Monaco Devises programs to Garner Indian Travel Market share [26 Nov 2010]  
The tourism department of Monaco in collaboration with the Indian respective office has concluded five-day long programs including road shows at the two major cities of India to promote Monaco as a pr  ...More
Tags: Rolex Masters    Monaco    Grand Prix    F1    India Tourism    
Study Says NZ Must Use Neo-colonization Model to Boost Trade [06 Dec 2010]  
A New Zealand think tank in its recent report titled “Plugging the Gap” stated the country should establish innovation centres at prominent international locations as it had been done successfully by  ...More
Tags: Plugging the Gap    
Chinese Yuan Expanding Rapidly to Become Global Reserve Currency [08 Dec 2010]  
According to the People’s Bank of China, the trade transactions settled between June and November in Chinese currency is to the tune of 340bn yuan ($51bn). In a bid to make yuan a global reserve curre  ...More
Tags: Global Reserve Currency    Yuan    Renminbi    Finance    
Bahamas Shipping Registry on Course to Ballistic Growth [09 Dec 2010]  
A top official from the Bahamas government apprised the Bahamas shipping registry was likely to show strong growth in future at a pace of 8-10 percent per annum. The Bahamian Minister of Environment E  ...More
Tags: Shipping Registry    Bahamas    Tribune    Panama    Liberia    
Kenya Offers Unique Delight - Engages Tourists in Agro-processes [14 Dec 2010]  
Kenya with a novel approach is providing holidaymakers with an unparalleled experience to be physically involved in tea production processes including plucking the leaves and loading them off to facto  ...More
Tags: Kenya    Tourism    Agro-tourism    UN Tourism    Holiday    
AMED Meet Makes Thailand a Venue for Asian Integration [15 Dec 2010]  
The ongoing 3rd Asia and Middle East Dialogue (AMED III) which is held at Bangkok has catapulted Thailand as a major business hub in the continent. The meeting scheduled between 15 and 16 December att  ...More
Tags: AMED     GCC     Gulf     Trade     Thailand     Middle East    
Rampant Growth of e-Buying plus Undue Taxes Damaging Retailers [21 Dec 2010]  
The rapid change in the dynamics of consumer buying coupled with unfair taxation laws are undermining the traditional brick and mortar retailers across New Zealand and Australia. The Australian Retail  ...More
Tags: Online Shopping     e-commerce     Retail     e-tailing    
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  ...More
Tags: Beer     Alcohol     Beverages     Beeronomics     Liquor    
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  ...More
Tags: Georgia    X-mas    Christmas tree    Tree Sales    Denmark    
US Rice Farmers Let down by South Korea FTA [23 Dec 2010]  
A senior official from the US Rice Federation informed in an interview that the recent FTA between the US and South Korea had been a disappointment. While speaking to the Farm Press, Bob Cummings, sen  ...More
Tags: Rice     Grain Trade     US Farmers     Agriculture     FTA    
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  ...More
Tags: New Zealand     Mobile     Vodafone     Phone Charges    
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  ...More
Tags: UN    US    Iran    Drug Trade     Narcotic     Illegal Trade    
Kuwait Enhances Infra-structure to Match Others in the Region [03 Jan 2011]  
After slow progress in infra-structural development in Kuwait in recent years, the state has planned to expedite all projects including the development of Boubyan seaport, better known as Mubarak Al-K  ...More
Tags: GCC     Kuwait     Airports     Seaports     Shipping     Flights    
Cambodian Tourism to Maintain Growth in the New Year [04 Jan 2011]  
According to the Cambodian tourism ministrys statistics, last years success of the tourism sector is likely to be extended to 2011. The Ministry has forecast 2.73mn visitors would arrive in 2011 as co  ...More
Tags: Tourism     Travel     Cambodia     South-East Asia    Flights    
Joblessness Stirs Saudization sans Reflecting on Root Cause [06 Jan 2011]  
Saudi Arabias high unemployment rate has once again sparked off an outcry for Saudization after the recent data showed about 43 percent of kingdoms citizens aged between 20 and 24 years were unemploye  ...More
Tags: Saudi Arabia    Middle East    GCC    Jobs    Gulf Employment    
German Dioxin-tainted Food Scare Heightens across EU [08 Jan 2011]  
The contaminated eggs with toxic dioxin from Germany are panicking consumers across Europe as they are suspected to have entered the UK food chain. It is understood that 14 tonnes of tainted egg prod  ...More
Tags: Germany    EU    Holland    Britain    Poultry    Processed Food    
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  ...More
Tags: PwC    HSBC    G7    E7    Italy    Austria    
Sucre Gets Functional with Ecuador-Venezuela Trade [18 Jan 2011]  
The first shipment of crude palm oil from Ecuador to Venezuela has boosted a new trade currency regime in the Latin American region. Ecuador’s state-run National Development Bank (BNF) in its official  ...More
Tags: Ecuador    Venezuela    Cuba    Nicaragua    Sucre    Currency    
Malawi Exports to EU Record Growth – Imports from EU Decline [19 Jan 2011]  
According to the Eurostat, the EU’s statistical office, Malawi’s exports to the bloc has increased by 7.4 percent in the first nine months of 2010. On the contrary, the EU’s earnings from trade with M  ...More
Tags: Malawi    EU    Germany    UK    France    Imports    Exports    
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  ...More
Tags: Costa Rica    The Dominican Republic    El Salvador    Guatemala    Honduras    Nicaragua    
Argentine Farmers Still Unhappy over Hostile Export Policies [25 Jan 2011]  
The farmers’ protest that took place in Argentina last week was called off by the trade unions with a warning of series of strikes in the near future if their demands were not met. The warnings indica  ...More
Tags: Food Prices     Grain Supplies     Argentina     Farmers Strike    
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  ...More
Tags: Hong Kong     Ireland     Singapore     Denmark     Globalization    
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  ...More
Tags: Czech     Romania     Italy     Germany     Norway     Austria    
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  ...More
Tags: IIA    Empowered Committee    SAT    Turn over tax    Surcharge    Additional Surcharge    
Govt implements measures to reduce export transaction costs [09 Feb 2011]  
The government has implemented some significant measures to reduce transaction costs for exporters - a move based on the report of a task force formed to look after the issue exclusively.

Union  ...More
Tags: Scindia    Industry Service Tax rate    Foreign Trade    
Fresh 500-cr sops for exporters of struggling sectors [14 Feb 2011]  
The government announced a Rs. 500-crore annual package of incentives for export for products still struggling to make an impact in the global market.

The sops follow a comprehensive review of  ...More
Tags: FIEO    Vishesh Krishi and Gram Udyog Yojana    
China's Jan exports rise 38 percent to $150.73 [15 Feb 2011]  
China's exports rose by 37.7 percent year-on-year to $150.73 billion in January boosted by busy shipments ahead of the nation's traditional Spring Festival, according to the General Administration of  ...More
Tags: GDP    Japanese Cabinet Office    World Bank    
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  ...More
Tags: G-20 Meeting    Dominique Strauss-Kahn    International Monetary Fund    
US trade chamber seeks India's retail opening [21 Feb 2011]  
Seeking opening of India's retail sector, the US India Business Council (USIBC) has set up a sub-committee to focus on leveraging the combined resources of the retail supply chain.

The newly fo  ...More
Tags: USIBC    Compass Marketing    Retail modernisation    
Bangladesh emerges as new hub for apparel exports [22 Feb 2011]  
With 40 percent growth in its apparel exports, Bangladesh has emerged as new destinations for apparel exports, said The Daily Star.<BR><BR>Bangladesh has registered a 40 percent hike in it  ...More
Tags: The Daily Star    Mahin Group    
Businesses will learn to look beyond the BRICs [28 Feb 2011]  
During the run-up to the Iraq war Donald Rumsfeld, then America’s defence secretary, famously distinguished between “old” Europe and “new” Europe. In 2011 a growing number of businesspeople will disti  ...More
Tags: Goldman Sachs    BRICs    Rio Tinto    GDP    
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  ...More
Tags: corn    wheat    soybeans    nonfarm wages    Kansas City Federal Reserve    
Union Budget 2011: Exporters to do self-assessment of their duty liabilities [02 Mar 2011]  
Exporters will be allowed to do self-assessment of their duty liabilities before the customs authorities, besides getting service tax refunds through a hassle-free mechanism.

"To quicken the c  ...More
Tags: Budget    EDI    FIEO    Mega Cluster Scheme    
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  ...More
Tags: GDP    CAD    Reserve Bank    fiscal deficit    
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.  ...More
Tags: Commerce Minister    David Cohen    Bloomberg    Seasonal Distortion    
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  ...More
Tags: GDP growth    oil    food    drink    tobacco    Daiwa Capital Markets    IHS Global Insight    
India, EU settle generics dispute, pave way for FTA talks in April [15 Mar 2011]  
India has sorted out most of its differences with the European Union on production of low-cost generic medicines, ahead of a crucial meeting on a proposed free-trade pact next month, a government offi  ...More
Tags: IPR    Civil society groups    TRIPS    FTA    India-EU summit    
Over 40% of SMEs with websites use the Internet for advertising [16 Mar 2011]  
Indian SMEs are reaping the benefits of using the Internet medium to grow their businesses. This was revealed by a study conducted by Google India to understand usage patterns and importance of online  ...More
Tags: Indian SMEs    vendors    suppliers    Google India    Insurance    Technology B2B    IT Hardware    Travel & Tourism    
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  ...More
Tags: Indian Drug Manufacturers Association    API    pharmaceutical industry    SFDA    
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  ...More
Tags: Global Coffee Exports    
Exporters get Rs 900 crore relief package [28 Nov 2011]  
The government on Thursday announced a Rs 900-crore package for exporters to help them tide over the slowdown in developed markets and rising input costs. RBI has already announced interest subsidy of  ...More
Tags: Exporters get Rs 900 crore relief package    
Why MSMEs should not avoid online advertising [12 Dec 2011]  
A recent study reveals that less than 6 percent of Indian MSMEs with access to personal computers advertise online. It is shocking why the sector is so much unaware of the benefits of using online adv  ...More
Tags: MSMEs online advertising    
Samsung concentrates on B2B market [13 Feb 2012]  
Samsung is targeting the 30-billion-baht business-to-business market (B2B) with the merger of its corporate product teams into a single unit.

The scheme aims to enlarge the percentage of income  ...More
Tags: Samsung B2B market    
China GDP target cut helps fight external pressures- China Premier [15 Mar 2012]  
BEIJING: China's decision to cut its annual economic growth target to 7.5 per cent for 2012 was necessary to deliver sustainable growth and create room to make structural reforms to help cushion exter  ...More
Tags: China GDP    
Manufacturing in China may contract for sixth month running [24 Apr 2012]  
BEIJING: China's manufacturing may shrink for a sixth month in April, maintaining pressure on officials to adopt more policies to stimulate economic growth, a survey of companies showed.

The 4  ...More
Tags: Manufacturing China    
Australia - India in better position to finalize free trade agreement [05 Jun 2012]  
MELBOURNE: Despite the "shocks and jolts" in the past, Australia and India are in a better position to finalize a free trade agreement (FTA) that would further expand bilateral relations, according to  ...More
Tags: Australia India free trade agreement    
G20 summit- India announces 10 billion USD for debt wracked Eurozone [22 Jun 2012]  
LOS CABOS: India on Tuesday announced a $10 billion contribution to the IMF's additional $430 billion financial firewall to help the debt-wracked 17-nation Eurozone so that the faltering world economy  ...More
Tags: G20 summit India Eurozone    
China says can meet 2012 exports target [26 Jun 2012]  
BEIJING: China's trade ministry sought to dispel worries about slowing economic growth on Tuesday by saying exports are likely to pick up in coming months and the country can meet its 10 per cent expo  ...More
Tags: China 2012 exports target    
Jiangsu Province in China signs up to Ogilvy and Mather [29 Aug 2012]  
China's Jiangsu Provincial Government has signed a Memorandum of Understanding (MoU) with marcomms giant Ogilvy & Mather.

The agreement is the first of its kind that the Jiangsu Government has  ...More
Tags: Jiangsu Province China Ogilvy and Mather    
Chinese social media in outrage over luxury spending claims [12 Oct 2012]  
BEIJING: Chinese social media websites erupted in outrage Wednesday over claims that a provincial official tried to suppress a newspaper report detailing his expensive tastes in luxury accessories.
...More
Tags: Chinese social media outrage    
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  ...More
Tags: Apple Galaxy patent lawsuit    
Twitter offered Instagram $525 million deal: Report [17 Dec 2012]  
SAN FRANCISCO: On a late August morning, Kevin Systrom, chief executive of Instagram, took an oath before testifying at a hearing of the California Corporations Department, which sought to determine i  ...More
Tags: Twitter Instagram    
Samsung Heavy says $471 million FPSO order cancelled [31 Dec 2012]  
SEOU: Samsung Heavy Industries Co Ltd said an Asian firm which it did not identify cancelled an order for a floating production, storage and offloading (FPSO) unit worth 505 billion won ($471.71 milli  ...More
Tags: Samsung Heavy    
Content Marketing Accounts for Portion of Budgets; Expected to Increase in 2013 [21 Jan 2013]  
Marketers are expanding their content marketing strategies, according to an AdAge survey; results show content marketing accounts for 12 percent of overall marketing budgets, a number expected to rise  ...More
Tags: Content Marketing Accounts    
Organic Search Remains the Strongest Driver of Traffic to B2B Websites [28 Jan 2013]  
Organic search is still the strongest driver of traffic to B2B websites, in part due to Google’s 90 percent market share within the B2B segment. This is according to a Marketwire press release, which  ...More
Tags: Organic search    
Paid Search Growth and Budget Increases Expected for Mobile in 2013 [25 Feb 2013]  
According to research from a recent Search Agency study, 23.4% of paid search clicks came from mobile in Q4 of 2012. An article from eMarketer, which highlighted the key findings of the study, expects  ...More
Tags: Search Growth    
Social Media Marketing Important Part of B2B Marketing Landscape [11 Mar 2013]  
Fully developed business-to-business (B2B) social media marketing programs are becoming common practice; recent survey results show nearly half of all B2B marketers (47%) are currently “very involved”  ...More
Tags: Social Media Marketing    
How the Facebook redesign will affect marketers- [25 Mar 2013]  
On March 7, Facebook announced it is redesigning its News Feed, and since the announcement marketers and social media experts have been lighting up the Internet with speculation about what the changes  ...More
Tags: Facebook redesign    
LinkedIn upgrades search functionality- [01 Apr 2013]  
LinkedIn has announced an upgrade to its search functionality, meaning users no longer need to search for people, companies, or jobs separately.

A more intelligent algorithm will now return a c  ...More
Tags: LinkedIn upgrades    
Five Ways to Target B2B Effectively [06 May 2013]  
Lately there has been talk in the trade press about the difficulty of applying the targeting techniques used for consumer advertising to B2B. One in particular that caught our attention was Al Urbansk  ...More
Tags: Target B2B Effectively    
China Goes Global- Signs Free Trade Deal with Switzerland [27 May 2013]  
In a move that is seen as China’s attempt to cosy upto the more influential Western economies; the communist state has signed a multifaceted free trade deal with Switzerland. Currently, trade between  ...More
Tags: China Global Free Trade Deal    
India on the Back foot- Perks suggested to improve Foreign Investment [01 Jul 2013]  
It’s been a bad couple of months for the Indian business front. The Rupee has sunk to its lowest ever value against the might Dollar, a paltry 60.72 as of last Wednesday. There was a hue and cry about  ...More
Tags: India Perks suggested to improve Foreign Invsetment    
'It’s Alive, or is it?’ Chinese Government plays Frankenstein with its Economy [16 Jul 2013]  
China is on a mission- to supercharge its aging, sluggish economy through some very radical changes. Sadly, these efforts from the Chinese Government seem to be backfiring- the G.D.P is slowly losing  ...More
Tags: Chinese government plays Frankenstein    
China- the World’s favourite Piggy Bank [29 Jul 2013]  
In the backdrop of a ‘supposedly’ slowing economy, there is some good news coming China’s way. This Asian superpower is apparently the World’s most favourite economy to invest in- attracting an astoun  ...More
Tags: China Piggy Bank    
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  ...More
Tags: Intellectual Property Rights    
Global Economy’s Dream Come True- US & Europe mulling over a Free Trade Agreement [19 Aug 2013]  
Two of the biggest financial superpowers of the world, the United States (US) and the European Union (EU) are finally getting round to finalizing on something that holds great implications for the wor  ...More
Tags: Global Economy US and Europe    
From Bad to Slightly Worse- No luck for World Economy [26 Aug 2013]  
If the influential Ifo Business Climate Index is to be believed, all that the world economies are doing to elevate their domestic markets in light of the recent economic slump isn’t amounting to much.  ...More
Tags: Slightly Worse No luck for World Economy    
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  ...More
Tags: International Demand for Gold    
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  ...More
Tags: Falling Rupee Indian Auto Industry    
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  ...More
Tags: UN Report Paints Global Trade    
Good Monsoon promotes Agricultural Growth, eases Rising Inflation [23 Sep 2013]  
The year 2013 finally broke a string of bad monsoon years plaguing India. The heavens have opened up just in time too- helping improve the agricultural growth scenario and momentarily easing the risin  ...More
Tags: Good Monsoon Agricultural    
A Step in the Right Direction- US to pull the reins on Global Arms Trade [30 Sep 2013]  
Maybe, the continued instance of gun violence in the United States has had its effect, finally. The US is all set to sign an influential global treaty that will directly regulate its lucrative USD 80  ...More
Tags: US reins Global Arms Trade    
It’s heating up in Shanghai- CIAAR 2013 is just a Month Away [21 Oct 2013]  
China International Auto Air-conditioning & Transport Refrigeration Exhibition (CIAAR) is the World's leading exhibition concerning automotive air conditioning and the transport refrigeration industry  ...More
Tags: Shanghai CIAAR 2013    
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  ...More
Tags: Diwali Cracking Time India    
Brewing Trouble- Europe’s Non Performing Loans Hit 1.2 Trillion Euros [11 Nov 2013]  
The uncertainty that loomed due to the economic depression recently, seems to still have an effect in the recovering European economies. The gross non-performing loans (NPLs) across banks in Europe ha  ...More
Tags: Brewing Trouble - Europe's    
The Containment Act- Indian Government trying to hit fiscal deficit target, as tax revenues crash. [18 Nov 2013]  
The Indian government is in a minor state of bother, tax revenues aren’t hitting the expected numbers and other income sources that add to the government’s coffers aren’t signalling great returns as w  ...More
Tags: India fiscal deficit target    
WTO thumps its Authority- Finalises the Biggest Global Trade Agreement [16 Dec 2013]  
Amidst a looming chance of failure, the World Trade Organization (WTO) has finalised upon a ‘one-of-its-kind’ first ever trade reform deal on Saturday, December 7, 2013. In the idyllic Indonesian isla  ...More
Tags: WTO Global Trade     
Thai Gold losing sheen in India - Requests for a fresh polish [07 Jan 2014]  
Thailand, the emergent South East Asian country is keenly looking forward to resuming its once lucrative gold trade with India. As part of a Free Trade Agreement (FTA), Thailand was a major exporter o  ...More
Tags: Thai Gold India    
Yuan beats Euro as the Second Most Traded Currency in Global Business [20 Jan 2014]  
Looks like the Chinese flag is soaring high, with the latest findings that the Chinese Yuan has emerged as the second most used currency in global finance, slowly inching towards the market leading Do  ...More
Tags: Yuan Euro Traded Currency Global    
Steely Resolve Global Steel Production Spikes up China leads the Steel Race [28 Jan 2014]  
Steel, the harbinger of economic growth and a country’s industrial strength is making a very strong comeback. After a steady decline, global steel production has risen by 3.5% at the end of 2013. The  ...More
Tags: Steely Resolve Global Steel Spikes China leads    
The Fragile Five- High Octane Economies or Ticking Time Bombs [03 Feb 2014]  
What’s common between Brazil, India, South Africa, Indonesia and Turkey? They are part of an exclusive club called the ‘fragile five’, world economies that are progressing quickly but are noted for be  ...More
Tags: The Fragile Five Octane Economies Ticking Time    
World Domination with Currency- Are the Developed Countries playing a dangerous game? [11 Feb 2014]  
It has been a long standing concern with many upcoming, developing economies like Brazil, India and Argentina that developed countries like the United States and other industrialized countries were pl  ...More
Tags: World Domination Currency playing dangerous    
India Set to Become the Second Biggest Steel Manufacturer by 2016 [17 Feb 2014]  
International trade experts believe that India is all set to overtake the United States and Japan by 2016, to emerge as the second largest steel manufacturer in the world, behind China. This developme  ...More
Tags: India Set Second Biggest Steel Manufacturer    
Grassroots Trouble- Pakistani Farmers resist Free Trade with India [24 Feb 2014]  
Looks like a normal trade relationship between India and Pakistan will remain a distant pipe-dream for now. An alliance of farmers was forged in the Punjab province of Pakistan recently, to oppose any  ...More
Tags: Grassroots Trouble Pakistani Farmers Free Trade