Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
2011 was not a prosperous year for Southeast Asia in addition to the US and Europe. The 2011 second half brought a debt crisis that devoured the whole continent and the most affected area was the export-dependent Southeast Asian countries. However, two nations out of this sector remained consistent in showing progress, Indonesia and Malaysia. […]
Indonesia’s auto market has plenty of room to grow. CLSA Asia-Pacific Markets estimates the country had 32 vehicles for every 1,000 people in 2010, compared with 123 in Thailand and 300 in Malaysia. Indonesia’s economy and population are bigger than those two Southeast Asian neighbors combined. U.S. carmakers still have a long way to go […]
Officials at Japan’s Suzuki and Nissan cited the future government incentives as an impetus for growth, while South Korea’s Hyundai Motors cited the improving economic environment for its optimism in Indonesia. “Indonesia is so hot for the auto industry because the economy is growing significantly,” said Jongkie Sugiarto, president director of Hyundai’s Indonesian unit. The […]
East Asian market is in the midst of the economic ordeal that has devoured the whole world of late. The European Sovereign Debt situation has aggravated the already aching global economy that is still living through the aftermaths of 2008 financial crisis. The East Asian countries were hit severely by the calamity, as their exports […]
Thailand, one of the promising economies in the Pacific, was struck brutally by the Monsoon floods during the latter half of 2011. The adversity took its toll on factories and countless equipment. The mechanized industry is getting back on its feet but the lack of exports to Europe still keeps the downward trend unchanged. Same […]
Barack Obama says Asia-Pacific tour will boost up employment in US The United States President Barack Obama wrapped up his nine-day trip to the Asia-Pacific region on Saturday and declared that his trip was successful and will boost up the U.S. employment as a result of some business deals and economic proposals. Obama believes that […]
India re-shaping its economic ties with ASEAN India is ready to set new economic ties with regional forum ASEAN as Prime Minister Manmohan Singh told the reporter on his visit to Bali, Indonesia. Mr. Singh addressed a seminar before leaving to islands territory and said that with rapid economic changes occurring in the world India […]
