The government is considering far-reaching reforms in the banking sector, including giving banks the freedom to open branches in Tier-3 and Tier-4 cities, and granting 15 new licences to smaller banks…
In Trends
GST to make industry more competitive
Goods and services tax is the first step towards creating India as a single market and an essential tax reform if the industry has to stay competitive, according to the apex chamber, Confederation of …
Asean to expand trade routes
Thailand and China agreed to press on with the logistics project to develop and expand trade linkages in Southeast Asia and southern China.…
Carmakers going greener with electric push
Nissan Motor Co unveiled a sketch of its first all-electric light commercial vehicle and Toyota Motor Corp introduced an electric car concept at 41st Tokyo Motor Show on Wednesday, underscoring carmak…
Australian economy fails to impress
AUSTRALIA may think the world of itself but the world does not think as much of it, at least not when it comes to a business environment, culture and social welfare, says a poll of citizens of the eig…
Jim’s Mowing now Jim’s Nightmare for Jim Penman
He made company into one of world’s largest of its kind. But after 27 years, his franchisees want him out.…
China’s tier II & III cities – opportunities abound for international retailers
With the focus on China for future growth many retailers will be looking to the Tier I cities, Shanghai, Beijing, Guangzhou and Shenzhen, however as markets become saturated and new mall openings slow…
Vietnam to sign export rice contracts with RP
Vietnamese rice exporters will sign export contracts with the Philippines for next year, the local newspaper Liberty Saigon reported today.
According to Vietnam’s Ministry of Agriculture and Rur…
China growth more than 7 pct in January-September
China’s economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 percent, a top economic official said Monday.
Statistics …
Australia faces a slow haul to recovery
AUSTRALIA’S economy will face ”stiff headwinds” as world growth picks up next year with higher interest rates and cautious consumers generating a subdued recovery, according to Acces…