Thursday, June 12, 2008

Restoration of Indo-Pak dialogue to push trade

by Jo Black

Welcoming the restoration of the composite dialogue process at Ministerial levels between India and Pakistan, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has exuded optimism that it would propel their two-way trade to over US$ 5 billion by 2010.
By 2007-08, the estimated levels of two-way trade between India and Pakistan are [...]

Thursday, April 17, 2008

Tax issues not a deal-breaker for NELP VII

by Jo Black

The Ministry of Petroleum & Natural Gas is hopeful of resolving issues relating to taxation of petroleum products with the Finance Ministry in a manner that would not affect the investor sentiment for the bidding process of NELP VII, Mr. Murli Deora, Indian Minister of Petroleum and Natural Gas, said.
Speaking to media persons after inaugurating [...]

Tuesday, April 1, 2008

SAFTA to accelerate intra-regional trade

by Jo Black

South Asian Free Trade Area (SAFTA) provides a good opportunity for increasing the regional trade in South Asia, and South Asian business should diversify and look at the opportunities within the region, particularly in view of the current slowdown in US and global economy.
This was stated by Indian Commerce Secretary G K Pillai during the [...]

Monday, May 29, 2006

Nikkei, Karachi down; rest of Asia advances on day

by Brian Turner

Most Asian equities markets saw gains on Monday, with Tokyo again being the exception as the Topix index was slightly higher but the Nikkei was down by 55.08 points on the day.
In South Korea, the Kospi Index added 0.5 percent to 1,329.22 as foreign buyers purchased more than they sold for the first time in [...]

Monday, June 13, 2005

Pakistan Telecommunications fracas continues

by Brian Turner

Anticipating lay-offs of as many as a third of the total workforce of 61,000, the union representing the workers of Pakistan Telecommunications (PTCL), the government monopoly, has set yet another strike deadline for next Saturday in anticipation of the privatization of the company and its takeover by new management.
In response to this threat, [...]