South Asian Business news and information |
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Mar31
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 Ever heard of Barrie Osborne? He produced 'Lord of the Rings' in This is another badge in the cap of Indian ICT sector. Visual effects outsourcing is becoming a major growth area in India and according to NASSCOM, by 2009 the visual effects outsourcing in India
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Mar31
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Asian-Oceanian Computing Industry Organization (ASOCIO) is the leading ICT organization in Asia-Pacific region. Actually, it is an association of ICT associations of the different Asian-Oceanian countries.
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The 8 countries have 5 different time table as far as fiscal year is concerned. This shows that they are still a long way of economic integration.
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The Board of Control for Cricket in , (BCCI) is the richest cricket governing body in the world. To become nearly $200 million richer in the next 5 years, BCCI has taken a unique initiative to play some of its international matches outside of home.
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Indian share markets today closed in a weaker note but that that did not spoil the good news- Indian main stock index have become 20% higher in the first quarter (January-March).
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Mar30
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Maldives had an economic growth of 8.8% in 2004 but in 2005 it was sharply reduced to just 2.4%. I hope now you can realize the destructive nature of Tsunami that hit many parts of
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The report of ESCAP has categorically stated, ' The information technology sector accounts for less than 1 per cent of GDP in India and employs fewer than 1 million people in a total labour force of 450 million, so the sector’s quantitative significance is limited.'
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ESCAP The annual Economic and Social Survey of Asia and Pacific 2006 globally. This is an important document for anyone who wants to do business or carry out research on
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A decade ago, Pakistan's Banking sector was one of the weak points of the Pakistani economy. Just 10 years ago, Pakistani Banks were finding it tough to survive and now they are posting a very high profit.
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From India, Lufthansa now gets 21% of its Asia Pacific passenger business revenue. India has become the second largest market in Asia Pacific after Japan (37%).
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Mar29
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McAfee, Inc, one of the global leading companies in Intrusion Prevention and Security Risk Management, has announced its plan to invest $80 million in India in the next four years. It has also announced its plan to increase the number of workers in India from the current 600 to 1000 by 2008.
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Chip giant Intel has come forward with the “Jagruti” (awakening) initiative to make this dream a reality. Today Intel has announced the initiative to take computer and internet facilities to the rural . In the media this computer has been called as ' Ruggedised Personal Computer' because the PC can tolerate extreme heat, dust and humidity of rural .
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India is the fourth largest producer of eggs in the world. Drop in sale of poultry meat will put a serious pressure on mutton and fish.
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Visa, the international card company, is delighted with the fact that India has become the fastest growing market in Asia Pacific region in the last quarter of 2005. During this time the tourists who visited India spent $372 million with their Visa cards and it was a 25% increase compared to the same quarter of the earlier year.
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Mar28
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A possibility has been created in for increasing the number of H1B Visas to 1,15,000 from the current quota of 65,000.
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The best time for people from the western world to travel Bangladesh is from November 1 to 15 March. Why? Because, at that time there is no heavy rain and the weather is not very hot.
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Since there is a huge shortage of skilled doctors in this field in India, the prospect for India in teleradiology can only be bright. India has a large number of doctors and the time difference between and
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Bilateral trade between and UAE has crossed $15 billion and both the countries are eager to increase it.
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Deutsche Bank's plan to move half of its sales and trading operation's back-office jobs by the end of 2007 to India did not come as shock to me because almost every month some famous companies the developed world are doing so.
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Mar27
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Do you know that IBM India has more people working than most Indian technology companies in India
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Pakistan wants to include the issue of Kashmir with
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India is seeking two things from Pakistan:
1. Pakistan allows
2. Pakistan considers India as the Most Favored Nation, (MFN) in economic affairs.
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Tech giant Samsung has started to export "Made in India" mobile phone sets to | |
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In 2004 and 2005 the cellular phone industry (popularly known as mobile phone) of Bangladesh grew at the rate of 100% and 137% respectively. It is widely believed that right now there are 11 million mobile phone connections
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Mar26
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Beximco Pharmaceuticals Limited (BPL) is undoubtedly the most successful pharmaceutical company of
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4 million Indians now live and work in Arab countries. Recently, King Abdullah of , Emit of Qatar and a number of high-ups from the Middle East region visited India.
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ADB president Haruhiko Kuroda thinks that the potential is there but Indian decision makers must be serious in fulfilling the two conditions.
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Pakistan produces about 5,500 ICT graduates and this is where Pakistan perhaps is way behind than its neighbor, India.
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Mar25
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Nasscom leaders are worried that now a days Indian students are entering into science and engineering in large numbers and humanities subjects are losing students. Why are leaders of a technology association worried?
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According to a report of Colombo Page (Sri Lanka Internet Newspaper), out of 230,963 workers going abroad for employment in 2005, 125,000 were women.
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If the Indians are the largest minority group in
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More than 20 million Indians live outside of their homeland. Most of them can be found in North America, Europe, Africa, the Gulf, Southeast Asia and
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Last month (February 2006), US$ 428 million came to as remittance in Bangladesh and it was the all time record for a single month in the history of . It has been reported that Bangladesh received over US$ 3 billion in remittance in the last financial year.
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Mar24
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The interesting thing is that although trade deficit increased significantly in Sri Lanka, the balance of payment is still in favor of the country simply because of remittance of $213 million in January 2006 being sent by the Sri Lankan workers living abroad.
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Computer Association of Nepal (CAN) has organized CAN Info-Tech 2006, the main Information Technology fair of . 110 companies are participating in this 6 day (23 March-28 March 2006) long fair. Of them, 4 are Indian.
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I found the news in Yahoo! Asia News. Sri Lanka's trade deficit for January 2006 is $240 million. The figure may not sound like too much but considering the fact that this figure was only $62.3 million for the same month one year ago.
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As Pakistani economy growing rapidly, infrastructure development has become a must.
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Traditionally, India did not have very strong economic relationship with ASEAN countries. However, much have changed in the last 12 years.
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Mar23
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It is now official- all the formalities regarding South Asian Free Trade Area (SAFTA) have been completed by the member countries.
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Bhutan is hardly known to the outside world. For ages, life remained still and motionless for this Himalayan country. Modernization seems to have no meaning for Bhutan. However, things are gradually changing these days.
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Mar22
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Harvard
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It is thought that not even 1% of the 140 million population own a Personal Computer although there is no tax on import of computer accessories. Considering the potential of Bangladeshi market, Bill Gates visited the country 3 months ago and Microsoft opened its office in
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Today, while I was browsing through the website of World Travel & Tourism Council (WTTC), I was delighted to see that Asian countries are doing well in this business. In the list of top ten achievers in tourism, 5 of them are from Asia (China, India, Vietnam, Maldives and Cambodia)
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The name of the blog clearly indicates that it is about South Asia. Currently, SAARC (The South Asian Association for Regional Cooperation ) has 7 members- Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. Afghanistan may be included in...
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A warm welcome to all of you to this blog about South Asian business. In this post, I am introducing myself as the Know More Media author for South Asian Business. Today (22 March 2006) I became 31 years old...
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