- Cabinet defers decision on FDI hike in telecom
New Delhi: The Cabinet has once again deferred a decision on hiking the foreign direct investment (FDI) limit in the telecom sector from the existing 49 per cent.
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- Chambers hail move to hike FDI in banking, oil sectors
New Delhi: The apex chambers of commerce and industry have welcomed the decision of the Union Cabinet to further liberalise the foreign direct investment (FDI) sectoral cap in the banking and petroleum sector.
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- China ensures insurance commitments
Beijing: China has been opening up its insurance market in the past two years by strictly following commitments under the terms of its World Trade Organization (WTO) accession, a senior regulator said.
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- China set to further open telecom sector
Beijing: A top information technology official vowed to attract more telecom-related operators as well as equipment and service providers to invest in the world's most populous market.
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- China to further open oil product market
Beijing: The government has approved 24 more companies to run the wholesale business of oil products. It is the first time in four years for the government to issue such licences.
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- Commerce Ministry told to review FDI policy in retail
New Delhi: The first step towards opening up the retail sector to foreign direct investment (FDI) has been initiated.
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- EU business urges lifting of exports ban on sensitive tech to China
Brussels: "The Chinese market is very important. But the EU's embargo on exports of sensitive technologies and arms has affected our business in China." said an official from French company Snecma Moteurs, .... More
- FBCCI for halting BTTB's cheaper int'l phone calls
Dhaka: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government to suspend the internet telephony service launched by the state-owned Bangladesh Telegraph and .... More
- FDI cap for scientific, tech magazines hiked to 100 pc
New Delhi: The Union Cabinet has liberalised foreign direct investment (FDI) in the print media by raising the cap in scientific and technical companies to 100 per cent from the existing 74 per cent.
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- Govt sets up task force on health tourism
New Delhi: The government has set up a task force on health tourism to promote India as a health destination in a major way. It further aims to capitalise on the healthcare expertise and infrastructure.... More
- ICAB delegation to attend 52nd SAFA Assembly
Colombo: A six-member delegation of the Institute of Chartered Accountants of Bangladesh (ICAB) headed by its president Akhtar Sohel Kasem will attend the 52nd Assembly of South Asian Federation of .... More
- ICCI calls for exchanging teachers among Saarc nations
Islamabad: The Islamabad Chamber of Commerce and Industry (ICCI) has stressed the need for exchange of teachers and students among Saarc countries to promote inter-country awareness and knowledge for.... More
- India must create efficient, low-cost arbitration system
New Delhi: India should strive for the creation of an efficient and low-cost arbitration system that could turn into a forex earner for the country besides ensuring a speedy resolution of disputes, according.... More
- India will benefit if full access in services is allowed to UK cos'
New Delhi: Accepting that outsourcing (to Indian companies) was an inevitable and economically beneficial consequence of globalisation, the newly appointed British High Commissioner to India, Sir Michael .... More
- India, Singapore discuss flexible FDI caps
New Delhi: India and Singapore are negotiating flexible sector caps on foreign direct investment (FDI) and investment protection guarantees on inward inflows from either country.
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- Insurance FDI cap at 49 pc likely
New Delhi: More big-ticket reforms appear to be round the bend, this time on the foreign direct investment (FDI) cap in insurance.
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- Lanka's open skies policy a joke, says Lionair Chief
Colombo: The biggest joke since the Wright brothers invented the aircraft in the one hundred year old aviation history is Sri Lanka's Open Skies policy, says Lionair Chairman Chandran Rutnam.
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- Level playing field needed for faster telecoms growth
Dhaka: Jon Fredrik Baksaas, chief executive officer of Telenor ASA, has praised Bangladesh's investment climate and steady development in telecommunications sector.
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- New cellular policy
Karachi: The Ministry of Information Technology and Telecommunication seems prepared to finalise the new cellular policy by the end of current month, though the proposed policy is giving jitters .... More
- Open Skies policy
Colombo: The term 'Open Skies' is being heard more often, as airlines rush to add bigger aircraft and new destinations to their worldwide operations. Most countries have promulgated an 'open skies' policy .... More
- Pakistan proposes MFN status for India in Civil Aviation
Karachi: Pakistan has proposed to declare India as the Most Favorite Nation (MFN) in the civil aviation sector, which was positively responded by India.
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- PBS not on free trade agenda
Canberra: The Acting Prime Minister John Anderson says a free trade agreement with the United States will not include changes to the Pharmaceutical Benefits scheme.
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- Property investors fear new mortgage rules
Beijing: Small property investors in Shanghai are cashing in their investments over concerns the People's Bank of China will announce new rules preventing home owners from transferring mortgages, according.... More
- PTCL asked to prepare for challenges
Islamabad: Pakistan Telecommunication Company (PTCL) chairman Akhtar Ahmad Bajwa said the telecom company should be prepared to meet the future challenges in a befitting manner. .... More
- Service industry to grow in share of economy
Beijing: The service industry will become the major sector of the Chinese economy in the next 15 years as it expands to account for over 50 percent of the gross domestic product (GDP) by 2020, official sources said.
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- Srinagar-Muzafarrabad bus service likely
New Delhi: Pakistan has agreed to India's proposal for technical-level talks on bus links between Srinagar and Muzafarrabad in the Pakistan-Occupied Kashmir and Khokhrapar in Rajasthan and Munnabao in .... More
- We should export justice, says Chief Justice of India
New Delhi: Chief Justice of India Justice VN Khare said that the country should export justice and earn foreign exchange by resolving international commercial disputes quickly through arbitration.
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