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India trying to find ways to pay for Iran oil: RBI

Mumbai: Reserve Bank of India Deputy Governor KC Chakrabarty on Friday said efforts were being made to explore ways to pay for oil imported from Iran, which has been subjected to international sanctions. Chakrabarty termed the issue as one arising purely out of international sanctions on Iran and not ...

Posted in Business, India, National0 Comments

Bye-bye Cheap, Chinese Labor

With implications both local and global, minimum wages and prices are on the rise in Guandong province, a region that’s been at the center of China’s manufacturing and economic rise. Government goals include moving beyond the low-end manufacturing that has long characterized Chinese industry and dealing with mounting inflation ...

Posted in Business, China, Companies, Economics, National, News0 Comments

North Korea After Kim

With the death of North Korea’s dictator, speculation focuses on transfer of power and the fate of the nation’s nuclear weapons program. Much depends on whether successor Kim Jong-un can earn respect from North Korea’s military leaders. Military expenditures are estimated to represent about 25 percent of the nation’s ...

Posted in China, Economics, National0 Comments

Globalization To Be Key for Survival of Small Businesses in S. Korea

Korea’s government supports the growth of national small businesses through a new policy of ‘ecosystemic development.’ Small businesses account for 99 percent of total businesses in Korea, but their exports only amount to around 35 percent of total value. This policy encourages large businesses to share their growth with ...

Posted in Business, Economics, National, News0 Comments

Unreality Check: From Kim to Kim in North Korea

North Korea is among the poorest nations in the world, enduring government mismanagement that emphasizes military spending, which leads to repeat famines and manipulated relief efforts. With the announcement of Kim Jong Il’s death, North Koreans engaged in a massive display of rote grief, orchestrated, filmed and released to ...

Posted in Economics, National0 Comments

Top Stories From Thailand: Flood Watch

Here is a roundup of news on the floods from newspapers in Thailand , news wires and websites on Thursday, Nov. 10, 2011. The Wall Street Journal hasn’t verified these stories and doesn’t vouch for their accuracy. Bang Chan Industrial Estate faces severe inundation : Bang Chan Industrial Estate is ...

Posted in Asean, Business, Economics, National, News0 Comments

Discrimination Pervasive in Singapore Rental Market

Discrimination Pervasive in Singapore Rental Market

By Sam Holmes and Shibani Mahtani Propertyguru.com.sg (screenshot) A rental advertisement for a condominium in Singapore specifies that no Indians, Malays or citizens from the People’s Republic of China be allowed to rent the property. SINGAPORE – A three-bedroom condominium for rent in Singapore’s cosmopolitan Claymore Hill area in ...

Posted in Asean, China, India, Japan, Markets, National, News, Properties0 Comments

Master Plan Mulled in Thailand for National Water Management

Master Plan Mulled in Thailand for National Water Management

Thailand Business News Prime Minister Yingluck Shinawatra has stated that Thailand would start to work out a master plan for national water management, which would be able to deal effectively with the flooding situations in the long run and minimize impacts. Share this ArticleLink: ...

Posted in Business, Environment, National, News, Top Stories0 Comments

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