Businesses are opening in Kabul, albeit with caution
Reposted from The Financial Times
By Victor Mallet
Commerce in Kabul Reply
Tag Archives: business
Phnom Penh’s second airport takes off 1
Cambodia set to build a new international airport in Phnom Penh
By May Kunmakara
Prime Minister Hun Sen announced yesterday that Cambodia is going to build a new international airport in Phnom Penh, in response to the rising number of passengers received every year. The Kingdom is expected to get seven million tourists a year by 2020. More…
Cambodia’s mobile phone subscribers increase Reply
Reposted from The Phnom Penh Post
By May Kunmakara
The number of mobile subscribers (SIM cards sold) increased 25.28 per cent during the first half of the year as a result of an expansion in the telecommunications market, according to officials.
Mobile phone service subscribers increased by 3,963,734 or 25.28 per cent to 19,642,563 compared to 15,678,829 ending December 2011, official data from the Ministry of Post and Telecommunication (MPT) showed.
More…
Colombia Emerges as a leading destination for information technology and business services Reply
Reposted from PRWeb
By JC Perdomo
VSI, a leading information technology and business process outsourcer, has released a white paper analyzing the benefits of “nearshoring” to Colombia. Beyond the Hype…Make a Fully Informed Outsourcing Decision, describes the reasons why the country is quickly becoming the leader in Latin America. More…
Fargo company to benefit from Colombia trade agreement Reply
Reposted from WDAY
By Kevin Wallevand
No one is more excited about the new free trade agreement with Colombia than some of our local ag and aviation companies. Dakota Air Parts is a quiet, rather anonymous company that has, for the last few years grown to supply friendly governments and civilian organizations around the world with spare parts for aircraft. The company even goes Hollywood. More…
Myanmar to hold trial FX auctions before April float: source Reply
Myanmar Kyat
By Aung Hla Tun
(Reuters) – Myanmar’s government plans to hold trial foreign exchange auctions in March before floating the currency from April 1, the start of the 2012/13 fiscal year, a central bank official said on Monday.
The float would mark the most substantial economic reform yet by Myanmar’s new government and coincides with political reforms that are ending half a century of isolation in the former British colony also known as Burma.
“Arrangements are under way to float the kyat against the U.S. dollar effective April 1 through a sealed auction system,” the official told Reuters, declining to be named. More…
Mongolia a ‘Battlefield’ for Business Methods; A clean slate, but what will be written? Reply
State Department Store in Ulaanbaatar
By Trevor Williams
When Mongolia moved to a free-market economy in the early 1990s, it was a revolutionary shift.
For about seven decades, the country employed (endured?) the economic policies of the Soviet Union, its patron and closest partner. The fall of the Iron Curtain left a vacuum now being filled by a thriving, peaceful democracy, but shaking off the legacy of a planned economy has proven tough. More…
Sri Lanka state credit hit new high in December 2011 Reply
Sri Lankan Rupee
Loans to business from Sri Lanka’s commercial banks rose 34.5 percent to 2,005.9 billion rupees in the year to December 2011, with credit to the state hitting a new monthly high, official data showed.
Credit to business in December remained at a high 60.2 billion rupees in December 2011, slightly lower than the 63.2 billion rupees in November but state credit hit a new high of 52.9 billion rupees up from 32.1 billion rupees a month earlier. More…
Haiti – Economy : New Free Zone in Thor – 3,000 direct jobs Reply
Haitian textile worker
Last Friday an agreement for the creation of a Free Zone in Thor was signed between the Haitian government, represented by the Minister of Trade and Industry, Wilson Laleau and the President of the Société Zone Franche des Palmiers, S.A., Alain Villard. This project of $8 million will allow to create 3,000 jobs direct More…
Haiti: New Gov’t Initiative to Reduce Business Creation to 10 Days Reply
Minister of Trade and Industry Wilson Laleau
PORT-AU-PRINCE, Haiti (defend.ht) – The Minister of Trade and Industry (MCI), Wilson Laleau launched on Tuesday a modernization project to reduce from 105 days to 10 days the registration of limited companies in Haiti. More…
