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Monthly Archives: December 2013
India clears Vodafone, Tesco investments worth US$1.5b
An Indian panel on Monday cleared investment plans by British giants Tesco and Vodafone worth over US$1.5 billion, as foreign firms show new interest in the country since New Delhi eased barriers to foreign capital. The Foreign Investment Promotion Board … Continue reading
Posted in Business, Economy, Global Sourcing
Tagged Asia, British, business, consumer, domestics, economy, hypermarket, india, Investment, market, Retailers, South Asia, Tesco, Voldafone
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China says 2013 GDP likely grew 7.6%
China’s economy probably grew 7.6 per cent in 2013, according to a government report cited by state media, slightly above its official target for the year and just below last year’s performance. The figure was contained in a report by … Continue reading
Posted in Uncategorized
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3rd conference on Cambodia-China ties held in Cambodia
The 3rd conference on the 55th anniversary of the Cambodia-China diplomatic relations was called here on Monday, aiming at broadening traditional and friendly ties between the two countries. The one-day forum, organized by the Confucius Institute at the Royal Academy … Continue reading
Posted in Business, Economy, Global Sourcing
Tagged Asia, business, Cambodia, china, conference, cooperation, development, economic, Investment, Partnership, relations, relationship, southeast asia, trade
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Saudi unveils record US$228b budget for 2014
Saudi Arabia announced on Monday a record budget of US$228 billion for 2014, slightly up from US$218.7 billion set aside for this year. The world’s largest oil exporter said it also expected to conclude this year with a budget surplus … Continue reading
Posted in Business, Economy, Global Sourcing
Tagged budget, business, economic, education, expenditure, grow, health, Investment, Middle East, revenue, Saudi Arabia
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Thomas D'Innocenzi 