The Association of Southeast Asian Nations, or ASEAN, was established in 1967 with Indonesia, Malaysia, Philippines, Singapore and Thailand as founding members. Later, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia joined the group making up what is today the ten member states of ASEAN. Its purpose is to accelerate economic growth,...
India's Shrimp Exports Surge Due to Bumper Harvest
According to a report by Globefish, a unit within the United Nations Food and Agriculture Organization, the seafood export value from India is expected to reach $2.3 billion -- a growth of 41 percent this year. The abundant vannamei shrimp harvest in India will boost India's seafood export performance in...
U.K.'s Triumph Motorcycles Will Be Made in India
Britain's Triumph Motorcycles will accelerate assembly operations in India, and by 2018, 90 percent of the products it sells in the country will be produced at its Manesar plant situated in the National Capital Region of Delhi. The company sells 16 models across five different categories and it recently launched...
What's the Favorite Destination for India's Tourists?
Google India said that the top travel searches conducted by Indians between the months of February to April this year were on U.S.A. - the most-preferred summer destination for Indian travelers - followed by the United Arab Emirates, and Thailand. Other pieces of the Google search data reported by the...
Margins, Market Shares Rise at Indian Telcos
A research report by UBS Securities shows that there is a strong correlation between margins and revenue market share of telecom operators in India and indeed, in all of Asia. In India, the UBS research focused on the top three telecom operators in India in terms of revenue: Bharti Airtel,...
India Best Country for Wall Street Says Forbes
New York-based Wisdom Tree, that pioneered the concept of fundamentally weighted Exchange Traded Funds (ETFs) and active ETFs, says that its India Earnings (EPI) Fund is up 12.8% year-to-date and is ahead of China, Indonesia, Thailand, Vietnam, South Korea and Japan. Gaurav Sinha, strategist for Wisdom Tree said, "If you look...