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Friday, March 29, 2013
BRICS plan development bank to fund infrastructure
Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their US$4.5 trillion infrastructure plans — a direct challenge to the World Bank, which they accuse of Western bias.
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Thursday, March 28, 2013
Leaders from the BRICS group of emerging powers on Wednesday were to unveil a scaled-back plan to challenge Western supremacy at global institutions like the World Bank.
East Asia's four Tiger Economies dominated Asia's economic competitiveness ranking in 2012, while the Chinese mainland kept 10th place for the third year in a row, according to a report released on Tuesday by the China Center for International Economic Exchanges.
Monday, March 25, 2013
Leaders from the BRICS emerging nations are expected to launch a joint development bank to rival Western-dominated institutions at a summit beginning Tuesday.
Wednesday, January 30, 2013
Asia's tourism industry must prepare for major changes in the next 20 years, including a projected boom in travel by senior citizens and female business executives, a study said Tuesday.
Sunday, January 20, 2013
Anil Wadha, India's ambassador to Thailand, is bullish that the two countries will conclude their comprehensive bilateral free trade agreement (FTA) in the next few months after some delays in 2012.
Tuesday, December 4, 2012
Expanding China replacing US as world's trader
Shin Cheol-soo no longer sees his future in the United States.
Friday, November 30, 2012
Asia is an “oasis of growth” for the world today and is poised to drive global economic expansion, said CIMB Holdings BHD group chief executive Nazir Razak.
Wednesday, November 21, 2012
Southeast Asia is expected to be a hot spot for growth for global investment banks while more consolidation is expected to reduce the number of major players to around 10 or less within the next three to five years, from the current 14.
Thursday, November 8, 2012
The Asia-Pacific countries should reduce nontariff trade barriers and emphasize strengthening regional connectivity for trade facilitation within the region, discussants said at an international conference.
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