Category: Other
Iran seeks to fingerprint all US visitors
TEHRAN, Oct 3, 2006 (AFP) – Iran’s conservative-controlled parliament is to debate a bill that would make digital fingerprinting compulsory for all US citizens seeking to enter the country, lawmakers said on Tuesday. According to the bill, which is expected to be voted on in the next days, “all US citizens should be controlled and […]
‘s top media groups to launch new daily together
NEW DELHI, Oct 3, 2006 (AFP) – Two of India’s top rival media houses Tuesday signed an agreement to launch a new daily newspaper in the Indian capital amid a boom spurred by the economy’s rapid growth.The Times of India Group and Hindustan Times Media Limited said the new English newspaper to be sold in […]
‘s top textile firm to raise 102 mln dlrs for expansion
DHAKA, Oct 2, 2006 (AFP) – Bangladesh’s biggest textile manufacturer said Monday it would raise 102 million dollars abroad to finance expansion into high value-added textiles.The company would raise 51 million dollars by issuing global depository receipts (GDRs) in foreign capital markets and another 51 million dollars through overseas bonds and shares to sponsors, the […]
ADB official calls for Asia-wide FTA, but says common market far off
MANILA, Oct 2, 2006 (AFP) – Major obstacles block Asia’s prospects of becoming a common market, but a region-wide free-trade area is a realistic goal, an Asian Development Bank official said Monday.The Philippines-based lender said 183 free trade agreements have either been signed or are being proposed or negotiated across Asia, where the share of […]
Global rules needed to curb trade in arms components: report
LONDON, Oct 2, 2006 (AFP) – Weapons merchants are profiting from the lack of an international judicial framework to supply arms to individuals with few human rights scruples and to states under embargo, a new report said Monday.The globalization of the weapons industry has shed light on the shortcomings of existing legislation to control it, […]
‘s top job
Sept 30, 2006 (AFP) – Sri Lanka’s candidate has pulled out of the race to succeed Kofi Annan as UN secretary general and the country has thrown its backing behind South Korea’s Ban Ki-Moon, officials here said Saturday.Jayantha Dhanapala announced his withdrawal after finishing last in three informal polls among members of the UN Security […]
India logs 8.9 pct first quarter growth, beats forecasts
NEW DELHI, Sept 29, 2006 (AFP) – India, the world’s second-fastest growing major economy after China, beat most forecasts Friday by reporting 8.9 percent growth in the first quarter to June, official data showed. The robust performance, driven by strong manufacturing, services and construction numbers, came as the ruling Congress-led coalition marked the midway point […]
‘s last “open outcry” trading pits shuts in Singapore
SINGAPORE, Sept 28, 2006 (AFP) – They curled their fingers, raised their arms, and tapped their heads while their throats went dry from hours of shouting.In front of the pictures, a mannequin wears a red jacket and a chunky identity tag. His hand is sideways, making one last offer in the pit. – by Ian […]
‘s 1Q GDP data to confirm eight pct full-year forecast: analysts
MUMBAI, Sept 27, 2006 (AFP) – Indian first quarter gross domestic product data this week is expected to confirm widespread forecasts for Asia’s third largest economy to grow at least eight percent in the year ending March, analysts say. India’s Central Statistical Office will on Friday report economic growth for the quarter ended June, the […]
‘s tea production dips in Aug on bad weather, high fertilizer prices
Sept 28 (LBO) – Sri Lanka’s tea crop production dropped in August on a combination of bad weather and reduced use of fertilizer on estates due to soaring costs.Tea production in August dropped 11.7 percent to 21.8 million kilos over 24.69 million kilos the year before, as crops were hit by extended dry spells followed by […]
India could process 30 percent of US bank transactions by 2010: reports
NEW DELHI, Sept 27, 2006 (AFP) – India’s outsourcing industry will be able to process up to 30 per cent of US bank transactions by 2010, more than triple the current figure, the industry’s main lobby group was quoted as saying Wednesday. “Currently, eight per cent of US banking transactions are processed by Indian BPOs […]
Sri Lankan agri-business company CIC launches tea advisory service
Sept 27, 2006 (LBO) – Sri Lankan agri-business company CIC on Tuesday launched an advisory company for plantation firms and smallholders, in efforts to up productivity and yields on local tea estates.Mohamed says that 40 percent of tea produced in the country is of low quality, based on reports from the Tea Commissioners Division, while adoption […]
