Car sales sharply rise in Cambodia in 2012 due to strong economic growth Reply

high demands due to good economic performance, increased foreign investors, and more newly-opened companies

High demands due to good economic performance, increased foreign investors, and more newly-opened companies

Reposted from NZweek
By Jane B. Hatcher

PHNOM PENH, Dec. 24 — Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. More…

Germany Insures Private Exports to Cuba to Boost Trade Reply

Cuba and Germany look to boost trade

Cuba and Germany look to increase trade with each other

Reposted from Cadena Agramonte

Havana – Germany encourages business opportunities with Cuba by extending state insurance to German companies interested in trading with the island, German ambassador to Cuba Wolf Daerr said.

The diplomat described as a positive sign for Cuban counterparts his government’s decision to increase those funds, in a speech at the XXX Havana International Trade Fair.

More…

Punjab, German firm ink solar energy MoU Reply

A memorandum of understanding was signed between Punjab government and German company AEG for cooperation in solar energy sector.

Reposted from The Nation

LAHORE – A memorandum of understanding was signed between Punjab government and German company AEG for cooperation in solar energy sector under which solar energy projects of at least 50MW to 100MW will be set up in Punjab in 2013 and of at least 300MW in 2014. Secretary Energy Jehanzeb Khan signed the document on behalf of Punjab government and the representatives of AEG Karsten Weltzien on behalf of the German company. More…

Teutonic deals in Mongolia Reply

Coal Mine in Mongolia

Reposted from BNE
By Sherelle Jacobs
Originally posted on August 2, 2012

Mongolia’s growing economic clout is no secret, but evidence points to Germany being more privy to the Central Asian country’s potential than most of its European counterparts.

There has been a powerful global shift in the way Mongolia is perceived, beyond Orientalist fantasies of the steppe and Genghis Khan; when it overtook Qatar last year as the world’s fastest-growing economy, people took notice. Moreover, Mongolia’s growth is being fuelled by the exporting of its treasured stockpile of natural resources, including copper and rare earth minerals, which are coveted by many nations. It has the world’s largest untapped coal reserves. More…

Bangladesh needs vibrant pvt sector Reply

German Federal Foreign Minister

German Federal Foreign Minister

Reposted from The Daily Star
By Rezaul Karim

Bangladesh’s goal of becoming a middle-income country will only be achieved with the contribution of a healthy and vibrant private sector, German Federal Foreign Minister Guido Westerwelle, who arrives here today, said.

It also depends on a favourable business climate based on the rule of law, good infrastructure and reliable energy supply, Westerwelle said in an interview with The Daily Star ahead of his arrival. More…

‘I have a very positive feeling about Bangladesh’ Reply

Holger Michael

Holger Michael

Reposted from The Daily Star

Outgoing German Ambassador to Bangladesh Holger Michael, who is going back after three years in Bangladesh, talked to The Daily Star on a wide range of bilateral, regional and international issues of common concern. In an exclusive interview with The Daily Star’s Diplomatic Correspondent Rezaul Karim at his office recently, he talked about 2014 general election, investment climate, the civil society, corruption and secular policies in Bangladesh. Following are excerpts from the interview. More…

As Mongolia booms, Germany wants a slice of the cake Reply

Angela Merkel was the first German chancellor to make an official visit to Mongolia


Reposted from Deutsche Welle
By Anne Thomas

Mongolian President Tsakhia Elbegdorj is in Germany. He has met his counterpart Joachim Gauck and Chancellor Angela Merkel. The two countries are keen to expand their cooperation.

With demand for natural resources set to double over the next 30 years, the global race is on to secure access to much coveted minerals. More…

Nepal eyes German market for exports Reply

Reposted from The Himalayan News Service

KATHMANDU: Nepal is eying European Union (EU) giant Germany to expand its business portfolio by exporting products such as carpet, tea, herbal product and tourism sector, according to Ministry of Commerce and Supplies.

Nepal raised the concern to expedite Nepal-Germany business opportunities during a recent visit by Nepali team to Germany that included minister for commerce and supplies and officials from Nepal German Chamber of Commerce and Industry, said secretary at the ministry Lal Mani Joshi. More…

Laos, Germany bolster cooperation Reply

Reposted from Vientiane Times

Laos has recognised the significant development assistance that Germany has provided, and highly values the country’s ongoing help and support. Deputy Prime Minister and Minister of Foreign Affairs Dr Thongloun Sisoulith acknowledged Germany’s contribution to Laos on Friday at a meeting with German Federal Minister of Economic Cooperation and Development Mr Dirk Niebel. More…