Forget the BRICs... the term coined by Goldman Sachs economist Jim O'Neill coined to identify the potential of the emerging economies of Brazil, Russia, India and China.
MALAYSIA'S free trade agreement with New Zealand will come into force tomorrow, enabling Malaysians to extend their products and services to the Oceanic region.
International Trade and Industry Minister Datuk Mustapa Mohamed said the bilateral agreement will add value to the Asean-Australia-New Zealand FTA which came into force from January 1 this year.
"Under this agreement, there will be a faster elimination of import duties from 2020 (under the regional FTA) to 2016 (under the bilateral FTA). Malaysian consumers will also gain from the faster elimination," he said at a media briefing yesterday.
It will provide better market access for Malaysia's exporters as import duties on all Malaysia's export products including electrical and electronic products, textiles and apparel and auto.....
ISTANBUL, July 30, 2010 /PRNewswire-FirstCall/ -- Turkcell (NYSE:TKC,
ISE:TCELL), the leading communications and technology company in Turkey,
today announced the results of the mobile internet speed tests conducted on
July 27th in both Diyarbakir (Turkey) and in Paris to mark the first
annivers
My portfolios are full but when screening on Barchart for stocks hitting the most frequent new highs I came across the Turkish Investment Fund (TKF). It's a non-diversified, closed-end management investment company managed by Morgan Stanley. The Fund's investment objective is long-term capital appreciation through investments primarily in equity securities of Turkish corporations. The fund is concentrated in 23 issues and the top 5 comprise over 45% of the portfolio. 87% of the fund is in 5 sectors: Financial Services, Consumer Goods, Telecom, Industrial and Energy.
I'm considering the fund on technical reasons but after researching the economy in Turkey I've got some other reasons too. The IMF is.....
Eight companies from Canada, Austria, Germany, Bulgaria and Turkey submitted their offers for concession for construction and management of waste disposal site in the Vasilevo District. After consultations among ten south-eastern Macedonian districts Strumica, Gevgelija, Radovis, Valadovo, Novo Selo, Bogdanci, Vasilevo, Bosilevo, Dojran and Konce, it will be known which of the eight companies can enter the second bidding round. "The regional waste disposal site will be built in accordance with European standards and will have capacity of 1.2 million cubic metres of municipal waste. Waste from south-eastern Macedonia will be disposed and recycled there in the next 15 years. The site will also have five special chambers for protection of environment from pollution," said Vane Stojanov, mayor of Vasilevo.(Nova Makedonija)Source/Author PressCut
Jordan-based Aramex has announced it has been awarded a two-year contract by the Dutch defence ministry to provide ground transportation services for its military across Europe. According to the deal, Aramex will handle from its Eindhoven station the regular movement of shipments both inbound and outbound from the Netherlands to locations across the EU, Norway, Switzerland and Turkey.
Many small businesses around the world, especially in Turkey and the Middle East, plan to boost investment and hiring, a survey shows, at a time when the global outlook is increasingly uncertain.
DUBAI/SINGAPORE: Only three cargoes of petroleum have so far reached Iran in July, according to a shipping document seen by Reuters, much less than the seasonal norm, as new sanctions cause ships carrying fuel to be diverted.
A series of new sanctions agreed since June specifically targets Iran's oil trade and industry, making it even harder to do business with the Islamic Republic.
It is the world's fifth largest crude exporter, but has to import around 40 per cent of its petroleum needs because domestic refining capacity is inadequate.
Traditionally during the summer holiday driving season, Iran needs 11-13 cargoes a month, a Dubai-based trader told Reuters.
The document seen by Reuters showed only three cargoes of petroleum had arrived this month and were supplied by Turkish refiner Tupras.....
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