Reposted from Money Morning Australia
By Chris Mayer
Find the best bull markets in the world. Get in early. Buy the best assets. Ignore the volatility. And enjoy the ride.
That was the basic formula Harris Kupperman, CEO of Mongolia Growth Group, presented at the Value Investing Congress in Las Vegas.
Below are some notes from his inspiring presentation… More…
Reposted from Minivan News
By Minivan News
Transparency Maldives has called for stronger anti-corruption climate finance safeguards, following the government’s declaration it would establish a ‘green fund’ that would merge all climate change, conservation, and sustainable development project trust-funds.
Melanesian Spearhead Group trade ministers met for talks in Fiji on May 20, 2013
Reposted from ABC News
By Samisoni Pareti
Officials from Papua New Guinea say they are considering withdrawing from free trade negotiations between Pacific Island countries and Australia and New Zealand.
PNG’s Trade Minister, Richard Maru, on Monday told a meeting of trade ministers from the Melanesian Spearhead Group that his country was considering withdrawing from Pacific Agreement on Closer Economic Relations (PACER) negotiations. More…
Reposted from Mizzima News
Myanmar is on course for a big jump in textile exports to Europe following the return of trade privileges by the European Union (EU), according to the Thailand Textile Institute.
The lifting of the ban on Myanmar under the EU’s Generalised System of Preferences (GSP) would rapidly drive up Myanmar’s exports of textiles, it said. The institute did not predict the size of the increase, but said it would be significant.
Myanmar’s textile exports rose 18% last year over 2011, totalling US$946 million (27 billion baht).
The EU reinstated trade benefits to Myanmar on April 22 in the wake of democratic reforms after years under the rule of a military junta. Garments are a key industrial sector of the country. Myanmar was struck off the GSP list in 2003 to a protest against the country’s dictatorship. More…
Reposted from Bangkok Post
BAY, Thailand’s fifth-largest bank by assets, has two branches in Vientiane and Savannakhet.
Krungsri Consumer, an unsecured-loan lender under Bank of Ayudhya (BAY), plans to commence its auto and personal loan joint venture in Laos in July. BAY’s two financial arms _ Krungsri Consumer and Ayudhya Capital Auto Lease (Krungsri Auto) _ each own 35% of Krungsri Financial Service (Laos), with the balance held by a Laotian auto lender. More…
China is taking a quiet interest in Afghanistan
Reposted from The Times of India
By Bharti Jain
As the 2014 deadline for withdrawal of western forces from Afghanistan draws near, China has stepped up engagement with Pakistan and others on the reconciliation process that will follow in the war-ravaged country.
Beijing, as part of an Afghan policy that suits its strategic and business interests, has been interacting with various Afghan lobbies, discreetly reaching out to Northern Alliance leaders as well as the Taliban, while also coordinating with Pakistan to create space for itself in possible political deliberations on the future of Afghanistan. More…
Pakistan’s once efficient railway network has steadily decayed over the years
Reposted from The New York Times
By Declan Walsh
Resplendent in his gleaming white uniform and peaked cap, jacket buttons tugging his plump girth, the stationmaster stood at the platform, waiting for a train that would never come. “Cutbacks,” Nisar Ahmed Abro said with a resigned shrug.
Ruk Station, in the center of Pakistan, is a dollhouse-pretty building, ringed by palm trees and rice paddies. Once, it stood at the junction of two great Pakistani rail lines: the Kandahar State Railway, which raced north through the desert to the Afghan border; and another that swept east to west, chaining cities from the Hindu Kush mountains to the Arabian Sea. More…
former President Mohamed Nasheed
Reposted from Minivan News
The Maldivian Democratic Party (MDP) launched its agriculture policy on Friday (May 18) in simultaneous events across 21 islands and two cities, pledging to establish a government-owned corporation to purchase local produce.
Speaking at a ceremony on the island of Kulhudhufushi in Haa Dhaal Atoll, former President Mohamed Nasheed said the Maldives could grow 44 percent of the foodstuff currently imported into the country, significantly decreasing its dependence on imports.
Reposted from Financial Times
By Geoff Dyer and Richard McGregor
When Thein Sein arrives in Washington on Monday as the first Myanmar president for almost half a century to visit the US capital, he may discover that the warm welcome also comes with a price tag.
Mr Thein Sein will meet President Barack Obama at the White House and congressional leaders on Capitol Hill, sign a number of trade agreements and be feted at a dinner at the US Chamber of Commerce.
The programme reflects Washington’s support for Myanmar’s democratic reforms after years of self-imposed isolation, as well as the US desire to make sure it can compete in the region with its geostrategic rival, China.
But Mr Thein Sein’s hosts will be looking beyond the red carpet to how Myanmar is handling the wave of competing foreign investment claims, with one early deal in particular – a contract for Yangon’s airport – in the US spotlight. More…
Reposted from Kuensel
Bhutan’s yearly gross revenue from hydropower export to India would be around Nu 45B by early 2018, according to estimates made by a private research firm.
By that time, Punatsangchu I, II and Mangdechu are expected to be commissioned and generating power. While these three new projects would earn around Nu 34B annually, the projects existing today – Tala, Chukha, Kurichu and Basochu – earn Nu 11B annually. More…