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Asia

Pakistan Committed To Facilitate Transit Trade With Afghanistan

Prime Minister Imran Khan has expressed its commitment to facilitate transit trade of Afghanistan. He said this while chairing a meeting to review issues related to Pak-Afghan Transit Trade in Islamabad. The Prime Minister directed to ensure that the arrangement is not misused and does not hamper the growth of Pakistani industry. Reiterating that the growth of industry and boosting ...

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Bhutan To Introduce SDF For Regional Tourists

Travel trade operators in eastern India are apprehending strong impact on their business following change in the tourism entry fee policy of Himalayan country Bhutan. Currently, Bhutan charges every foreign visitor $250 per day including $65 ‘Sustainable Development Fee (SDF)’ and $40 visa charge. But ‘Regional Tourists’ from India, Bangladesh and Maldives need not pay SDF or visa fee. Bhutan ...

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Indian And Bangladesh Enhance Trade Ties

India’s ties with Bangladesh are also significant in terms of trade, which touched $10 billion last year. Even though it is highly skewed towards India — in a 9:1 ratio — Bangladesh’s largest item of import from India is cloth and yarn, which has powered that nation’s huge exports of ready-made textiles across the world. India also imports several of ...

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U.S. Purchases From Vietnam On The Rise

Vietnam’s exports to the United States were 35% higher in the first nine months of 2019 compared to the first nine months in 2018. At the same time, trade expert Michael Ryan explains, various “factors are lengthening the delivery cycle to consumers” from Vietnam. This means U.S. residents are buying much more stuff from Vietnam, and it is taking longer ...

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Expected Impact Of FDI In Retail

The Union Cabinet has approved 51% FDI in multi-brand retail and raised the cap on FDI in single-brand retail from 51% to 100%. Partner & National Leader – Retail & Consumer Products, Pinakiranjan Mishra, and Partner – Tax, Paresh Parekh, share their views on this development. Growth of the Retail sector in India – Improvement in Retail capability building About ...

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SME – Great Opportunity

India has got tremendous scope for investors and entrepreneurs as far as business opportunities are concerned. Especially, India has always been in the limelight in terms of SME business. By SME business, we mean small and medium enterprises that maintain revenues or a number of employees below a certain standard. Every country has its own definition of what is considered ...

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Indo Israeli Trade And Commerce – A Breakthrough

Amar Nararen Ever since India formally recognized and established full diplomatic relations with Israel in 1992, trade and commerce between the two nation states has tended to rise. But with the thrust given by the Modi government, things are really looking up, with trade up to $4.5 billions in 2015. A significant proportion of this commerce is defence related. Israel ...

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SME’s Need to Adopt Innovative Approach in Their Operations.

by Amar Nararen   Indian Small and Medium Enterprises (SME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. SMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural areas. SMEs are complementary ...

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Easy Credit and Tech Up-gradation to Promote Coir Sector: Pranab Mukherjee

In a recent gathering for the inauguration of Diamond Jubilee Celebration of the Coir Board, President Mukherjee, emphasized on the need to ensure easier access to credit and modern technology, to boost the coir industry.  He said to address the crowd: “I would be keen to see the industry become self-reliant in terms of raw material procurement; and I would ...

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Communication Tech’s and Info Essential for SME Growth

In the present competitive world era of manufacturing, industry application of Information and Communication Technology (ICT) is indispensible. The reason for which the developed nations achieved faster growth in the Small and Medium Enterprises (SMEs) is mainly because they adopted ICt much before developing nations. Principal Secretary of Information and Technology department, Jharkhand N. N Sinha opined these, while delivering ...

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