Southern Asia
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India's Trade Deficit Likely To Remain Under Control
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Why 169 McDonald’s stores in India face closure
The Indian unit of McDonald’s has ended the pact with Connaught Plaza Restaurants Pvt., a joint venture that operates the brand’s 169 outlets in northern and eastern parts of the country. The development creates a challenge for McDonald’s in one of the world’s biggest emerging markets.
McDonald’s Corp.’s battle with one of its two franchisees in India escalated next the U.S company moved to terminate an agreement involving additional than a third of its restaurants in the world’s second-most populous country.
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Qatar launches new direct sea route to Pakistan
Qatar has launched a new direct route between Hamad Port and Pakistan's port of Karachi, Qatar's national news agency (QNA) reported Monday.
The new route, launched on Sunday, will boost trade between the two nations, and offer "fast and fasten" corridor for importers and exporters, with transit time of six days from Qatar to Karachi and eight days back, the statement said.
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- Key Facts
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Countries 7 to 10 (see text)
Territories 0, 1, or 2 (see text)
GDP (Nominal) $1.854 trillion (2009)
GDP per capita (Nominal)Largest Cities Ahmedabad, Amritsar, Bangalore, Chittagong, Chennai, Cochin, Colombo, Delhi, Dhaka, Faisalabad, Hyderabad, Hyderabad, Islamabad, Jaipur, Kanpur, Karachi, Kathmandu, Kolkata, Kozhikode, Lahore, Lhasa, Lucknow, Malé, Multan, Mumbai, Patna, Peshawar, Pune, Quetta, Rawalpindi, Sukkur, Surat, Thimpu, Thiruvanathapuram, Visakhapatnam and Yangon
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
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Bangladesh Difficult business environment weighs on economic performance
2017/05/07Bangladesh
Difficult business environment weighs on economic performance
India's banks in 2014
2014/07/11Two new players have been admitted into the Indian banking sector in 2014, but declining profitability part the country's existing lenders in the completed 12 months does not appear to be inspiring much confidence in the industry. The Banker talks to chief executives at both established and new institutions, and discusses completed performance and next plans.
Tourism to Nepal is large business.
2014/03/18Tourism to Nepal is large business. This counts not only for the a lot of honest tour operators, hotel executives and tour guides, but as well for those that run illegal scams in that mountain Himalayan country.
Nepal’s poverty index is probably one of the highest in the world, despite its rich water resources and the abundance of plant life. Political instability has made matters worse and the next affects of a communists insurgency has left a lasting legacy of disability and a lot of maimed and disabled for a lifetime. Poverty and a pretty high illiteracy rate have added to growing unemployment figures as per government statistics.
Sri Lanka’s violent ethnic conflict came to an end in mid-2009,
2014/01/05Sri Lanka’s violent ethnic conflict came to an end in mid-2009, at the same time as the separatist LTTE was militarily defeated by the Sri Lankan security forces. Following the end of the decades-long war, the country has been faced with the twin challenges of development and national integration.
For Sri Lanka presently, the country’s education system has become the major factor affecting both its development process and national integration.
New chief justice of Pakistan
2014/01/05At the same time as the new chief justice of Pakistan took oath of office on 12 December 2013 Pakistan completed an historic changeover during a year that saw the initial civilian government in 67 years complete its constitutionally mandated term. 2013 as well saw Pakistan get a new prime minister, president and chief of army staff. Perhaps no other country has experienced such a total change of its constitutional officers within a schedule year.
Humanising banking for widespread growth
2014/01/02One of the great success stories for Bangladesh Bank and the Ministry of Finance has been the successful implementation of a thriving micro-finance sector. The entrepreneurial spirit runs deep in Bangladesh and micro-financing is helping some of the country’s 1 million SMEs and small entrepreneurs to get their businesses moving – vital to the economy considering that 90 % of private businesses in Bangladesh are SMEs.
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Trimax targets inclusive IT advances
2016/02/07Trimax is proving to be the ideal IT resource partner in India, inclunding for major world companies such as Facebook and Microsoft. Surya Prakash Madrecha, Chairman and MD of Trimax, explains how its electronic payment applications and training in the transportation sector in particular – inclunding its partnerships in the telecom, banking, government, healthcare, retail and education sectors – are set for exponential increase as it continues to bring rural communities online.
Kirloskar Brothers Ltd Engineering leader advocates industrial, environmental change
2016/02/05Maharashtra Industry Why foreign investors choose Maharashtra as their investment destination of choice
2016/01/29"As far as industry is concerned, Maharashtra has been the undisputed leader for a lot of years in a row presently. We are number one and will retain this position."
"Foxconn has decided to invest $5 billion in Maharashtra. This is one of the major investments in recent times."From its pro-business environment and bureaucratic streamlining to its highly educated and skilled workforce and bureaucratic streamlining, Maharashtra offers a complete ecosystem for investors. The national’s Minister of Industries, Subhash Desai, explains its draw for investors and which areas are presently prime for next increase.
Bangladesh has come a long way since it gained independence in 1971
2015/11/08United World gathers the opinions of some of Bangladesh’s most significant business leaders from across the economic spectrum, from textiles and pharmaceuticals to aviation, telecoms, and finance. They share their thoughts on the country’s evolution, its image in the world media and the vital role the private sector is playing in the country’s development
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Governor of Bangladesh Bank, Dr. Atiur Rahman
2015/04/27As Dr. Atiur Rahman is honored by invitation to speak at the spring meetings of the IMF and World Bank, United World looks at how the finance sector has worked with the Governor to ensure inclusive increase. As the only Central Bank Governor speaking at the meetings, we look at the Bangladesh financial sector from the perspective of the top management of 13 key financial institutions in Bangladesh. From international and national owned, to commercial; there is one thing that they all acknowledge upon – inclusive increase within the financial sector is reducing poverty and driving economic increase at over 6% per year. Over the next week, United World will feature a different financial institution on each day, with the following a summary of selected quotes from each exclusive interview.
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Zaheer Dodhia, CEO – MycroBurst.com
2013/04/02MycroBurst has launched its crowdsourcing platform for graphic design in the Arabic language. It is the prime crowdsourcing platform to do so. Zaheer Dodhia, CEO of MycroBurst.com, says: “This is an inexpensive and exciting new way of sourcing branding and logos. We have a lot of customers based in the Middle East and North Africa, and we want to be able to provide service in Arabic to make MycroBurst additional user friendly. We work with a number of designers who can read and write Arabic.”
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Pankaj Chaddah – Co-founder Zomato.com
2013/01/14Zomato was founded in July 2008 by IIT Delhi alumni and has expanded its services over a span of 4 years to 16 cities across India and the UAE. The website has become Asia’s largest restaurant and nightlife guide with listings of over 48,000 restaurants.
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- Southern Asia News
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- INDIA: India's Trade Deficit Likely To Remain Under Control
- INDIA: Why 169 McDonald’s stores in India face closure
- PAKISTAN: Qatar launches new direct sea route to Pakistan
- PAKISTAN: Erdogan congratulates Pakistan on Independence Day, vowing to strengthen friendly ties
- PAKISTAN: China congratulates Pakistan's new prime minister
- CHINA: China, Pakistan vow to further deepen bilateral pragmatic cooperation
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