...Pan European Transport Corridors Overview The Pan-European Transport Corridors represent the ten key multimodal transport links of the Central and Eastern European transport infrastructure development program of the European Commission, ECMT and UNECE in 1994 (source: United Nations, 2009). The nine corridors consist of a set of eight rail and road links with a total length of 18,000 kilometers and one an inland waterway link, the river Danube. Corridors I-X The list of ten Pan European Transport Networks (See Map 3); • Corridor I, from Helsinki to Warsaw (first branch) and Gdansk (second branch) connecting Riga. • Corridor II, from Berlin to Moscow connecting Poznan, Warsaw, Brest, Minsk and Smolensk. • Corridor III, from Kiev to Brussels connecting Aachen, Cologne, Dresden, Wrocław, Katowice, Krakow and Lviv. • Corridor IV, from Dresden to Istanbul connecting Prague, Vienna, Budapest Craiova, Sofia, Thessaloniki, Plovdiv and Istanbul. • Corridor V, the East-West corridor, from Venice to Kiev through Trieste, Ljubljana, Budapest, Uzhhorod, Lviv and Kiev. • Corridor VI, the North-South corridor, from Gdansk to Brno connecting Katowice, Zilina, including a western branch, Katowice-Brno. • Corridor VII, the Northwest-Southeast corridor or the 2300 km long Danube River. • Corridor VIII, from Durres to Constanta connecting Tirana, Skopje, Sofia, Plovdiv, Burgas, Varna. • Corridor IX, from Helsinki to Alexandroupolis connecting Vyborg, St. Petersburg Pskov, Gomel,...
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...100% Jerneh Asia Bhd Shangri-la Asia Ltd Pacific Carriers Ltd Shangri-la 52.78% Hotels (M) Bhd 50.17% 63% PPB Group Bhd 62% SCMP Ltd Malaysian Bulk Carriers Bhd 14% 34.50% Wilmar 18.22 International Ltd 13% Kerry Properties Ltd 39% Edsa Properties Holdings Inc 34.80% Transmile Group Bhd 17.99% 18% 21.60% Kuok Philippine 40% Properties Inc Hexagon Holdings Bhd Allgreen Properties Ltd 34% Source : Annual Reports 2009 : Bursa Announcements : MSWG Tracker : Malaysian Business, 2009 : StarBiz The next update will be in June 2010. Tan Sri Tatparanandam Ananda Krishnan 100% 59.56% 42.35% 20% Usaha Tegas Sdn Bhd 70% Measat Global Bhd Astro All Asia Networks Plc 100% Johnston Press Holdings Plc Maxis Bhd 30.92% Binariang Satellite System MEASAT Broadcast Network 100% Tanjong Plc ASTRO Overseas Ltd 100% 67% Impian Klasik (Menara Maxis) 50% Pan Malaysian Pools 100% Uniclic Ltd 75% Powertek Bhd 100% Tropical Island Asset Mgmt (Germany) TGV Cinemas Source : Annual Reports 2009 : Bursa Announcements : MSWG Tracker : Malaysian Business,2009 : StarBiz The next update will be in June 2010. Tan Sri Quek Leng Chan 52.9% 71.4% 71.3% 66.4% 45.6% Hong Leong Financial Group Bhd 25.30% Hong Leong Industries Bhd Guoco Group Ltd (HK) Hume Industries Bhd Tasek Corp Bhd 5.1% 64.2% 61.6% 65.2% 40.5% Hong Leong Bank Bhd 75.0% ...
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...million in sauce and food maker Masan Consumer Corp., marking the largest investment to date in Vietnamby a private equity firm. New York-based KKR has been looking to back companies throughout Southeast Asia with exposure to the region's emerging affluent class and opened an officein Singapore last year to aid it in its search. More than 90% of Vietnamese households own a Masan Consumer product, such as fish sauce, instant noodles or instant coffee. The company's sales have increased from $31 million in 2007 to approaching $500 million forecast for last year. Its third-quarter profit rose 50% to about $36 million from a year earlier. KKR's $200 million investment is in addition to the $159 million it invested in Masan Consumer in April 2011. The firm will have two seats on the company's board. "Doubling our investment in less than two years demonstrates our strong conviction in Vietnam's growth story," said Ming Lu, who heads KKR's Southeast Asia operations. Masan Consumer Chief Executive Truong Cong Thang said KKR's investment will help the Vietnamese company diversify into other fast-expanding consumer goods categories. KKR's investment comes as Vietnam economy's climbed last year at its slowest pace in 13 years, while a rising ratio of bad debt in the country has deterred banks from lending. Despite the slowdown, Vietnam's Ministry of Planning and Investment said last week that it is targeting total foreign direct investment pledges of $13 billion to $14 billion this year...
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...River Program | Indonesia | | | Merit Awardee | Mass Transit Railway Corporation | Sustainability Report 2001 & 2002 | Hong Kong | | Support & Improvement of Education | Winner | Tat Consultancy Services | Adult Literacy Program | India | | | Merit Awardee | Coca Cola Foundation, Inc. | Creative Writing Workshop on Children’s Books | Philippines | | | Merit Awardee | Hong Kong & Shanghai Bank Corp. Phils. (HSBC) | Model of Excellence School in Esteban Abada | Philippines | | Best CSR Policies | Winner | Union Cement Corporation | Union Social Development and Management Program | Philippines | | | Merit Awardee | Unocal Thailand | The Social Responsibility Ambassadors Program | Thailand | | | Merit Awardee | Central Azucarera Don Pedro | The Community Development Program | Philippines | | Poverty Alleviation | Winner | Hindalco Industries | Integrated Rural Poverty Alleviation Program | India | | | Merit Awardee | Allen & Overy | Supporting “Helpers from Domestic Helpers” | Hong Kong | | | Merit Awardee | Seylan Bank | Comprehensive Microfinance for Micro-sector Empowerment | Sri Lank | | Special Achievement Award | Winner | Philippine Business for Social Progress | | Philippines | 2004 | Best Workplace Practices | Winner | Hindustan Petroleum Corporation Ltd | Employee Friendly Project | India | | | Merit Awardee | Edaran Otomobil Nasional Berhad | Better Workplace, Better Performance | Malaysia | | | Merit Awardee...
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...Business Development Asia From Wikipedia, the free encyclopedia This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please improve this article by introducing more precise citations. (July 2011) Business Development Asia Type LLC Industry Financial services Founded 1996 Headquarters New York City, United States Key people Euan Rellie, Senior Managing Director Charles Maynard, Senior Managing Director Products Investment Banking Employees 70 (2012) Website www.bdallc.com Business Development Asia LLC, or BDA, is an investment banking firm that advises on cross-border M&A (mergers and acquisitions), distressed situations, private placements, capital raising, valuations and financial restructurings. The company provides advisory services on crossborder transactions involving Asia, including the Middle East, typically with transaction values between $20 million and $1 billion. The company is headquartered in New York with offices in Tokyo, Seoul, Shanghai, Beijing, Hong Kong, Mumbai, Bahrain, and London. BDA has seven partners and 70 full-time professional staff across its nine offices, supplemented by a team of senior advisors around the world. BDA advertises itself as the "leading independent pan-Asian M&A advisory firm". Contents [hide] 1 History 2 Awards and Recognition 3 Sector experience 4 References [edit]History BDA was founded by Euan Rellie and Charles...
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...Stocks (Aug 11 2015, 1:21 pm ET) NEW YORK -- China's 2 percent devaluation of the yuan on Tuesday pushed the U.S. dollar higher and hit Wall Street and other global equity markets as it raised fears of a new round of currency wars and fed worries about slowing Chinese economic growth. U.S. stock indices dropped more than 1 percent and stocks also fell in Asia and Europe as investors contemplated the implications of a move designed to support China's slowing economy and exports. The MSCI All World Index of global shares fell 1.16 percent. "What is good for growth in China is unfortunately bad for everybody else," said Bill McQuaker, co-head of multi-asset at Henderson Global Investors. The Dow Jones industrial average fell or 1.4 percent to 17,368.54. The S&P 500 lost 1.17 percent and, to 2,079.64 and the Nasdaq Composite dropped or 1.31 percent to 5,035.01. Companies that sell to China were hit hard, with heavy equipment maker Caterpillar losing 3.13 percent and Germany's Volkswagen dropping 4 percent. Energy and materials shares also tumbled on China demand concerns, with Exxon Mobil dropping 1.76 percent. The pan-European FTSEurofirst 300 index lost 1.68 percent, led lower by car makers and luxury goods companies, whose products are now more expensive for Chinese consumers. Against the trend, Greek shares gained 2.14 percent after Athens secured a third bailout deal with creditors. On Chinese stock markets, airlines and importers fell, though exporters rose. The...
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...Brack Bank Corporate Vision Building profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting BRAC and stakeholders to build a just, enlightened, healthy democratic and poverty free Bangladesh”. Corporate Mission Sustained growth in Small & Medium Enterprise sector Continuous low-cost deposit Growth with controlled growth in retail assets. Corporate Assets to be funded through self-liability mobilization. Growth in Assets through syndications and investment in faster growing sectors. Continuous endeavor to increase non-funded income Keep our debt charges at 2% to maintain a steady profitable growth Achieve efficient synergies between the bank’s branches, SME unit offices and BRAC field offices for delivery of remittance and Bank’s other products and services Manage various lines of business in a full controlled environment with no compromise on service quality Keep a divers, far flung team fully controlled environment with no compromise on service quality Keep a diverse, far flung team fully motivated and driven towards materializing the bank’s vision into reality Core Values Our Strength emanates from our owner - BRAC. This means, we will hold the following values and will be guided by BRAC as we do our work. Value the fact that one is a member of the BRAC family Creating an honest, open and enabling environment Have...
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...9. The rise and fall of China’s corporate dragon: Kelon and its old and new owners Guy S. Liu and Pei Sun INTRODUCTION The collapse of corporate empires in contemporary capitalist economies tends to be no less dramatic than the vicissitudes of political empires in history. While the political ones often slipped into a less than envious position through a gradual process, in which the decline could be discerned widely by both outside political observers and ordinary people, the sudden collapse of corporate dinosaurs nowadays can take even the closest, longterm corporate analysts by surprise. Unfortunately, this was the case in the example of Kelon, a domestic household appliance manufacturer that once enjoyed the honour of being cited as a typically successful case study on Chinese firms in international business schools. Entitled Kelon: China’s Corporate Dragon,1 the study regarded it as an exemplar of dynamic Chinese firms rising from China’s embracing of the market economy during the 1980s and 1990s.2 The timing of the publication, namely the year 2001, could not have been more embarrassing for both the authors and business school students. Guangdong Kelon Electrical Holdings Co. Ltd shocked investors and equity analysts alike by reporting an unprecedented net loss of RMB 1.5 billion (HK$17 million) in the same year, with appalling scandals of the controlling shareholder’s expropriation of company assets. The rise and fall of Kelon is deeply rooted in its corporate governance...
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...store he set up in Quiapo in 1946, to become Asia's biggest shopping mall operator with over 30 malls throughout the Philippines. He is the Philippines' richest man, gaining 1.4 billion dollars in 2007, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corp., which has interests in Banco de Oro Universal Bank, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos, revealed the Sy family's net worth was 3.1 billion dollars. Earlier, he was the 2nd wealthiest individual in the Philippines, next to Lucio Tan and (as of 2008) 843rd in the world. Sy is considered a Tai-Pan or tycoon of Asia. The Sy group is the operator of Banco de Oro Universal Bank and owner of China Banking Corporation. In 2006, he bought the remaining 66% of Equitable PCI Bank, the Philippines 3rd largest lender, in which he already had a 34% stake, and merged it with Banco de Oro Universal Bank in 2007. The merger created the Philippines's second largest financial institution with resources of close to $17billion dollars. A conspiracy tell that the Sy family has a personal stake of $4 billion in these 3 banks, although there are still no sufficient evidences that strongly substantiate such matter. Mr. Sy has recently sold his 11% stake in San Miguel Corporation, Southeast Asia's largest food...
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...small shoe store in Quiapo, Manila that marked the establishment of SM Prime Holdings.[5] In November 1972, the small shoe store became SM Quiapo, SM's first standalone department store. On December 25, 1985, he established his first SM Supermall, SM City North EDSA.[6] He is the Philippines' richest man, gaining $5 billion in 2010, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corporation, which has interests in Banco de Oro, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos, revealed the Sy family's net worth was $6.2 billion. Earlier, he was the second wealthiest individual in the Philippines, next to Bill Gates, and (as of 2010) 201st in the world. Sy is considered a tai-pan. The Sy group is the operator of Banco de Oro and owner of Chinabank. In 2006, he bought the remaining 66% of...
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...ECIPE OCCasIOnal PaPEr • no. 2/2010 REGIONAL ECONOMIC INTEGRATION IN ASIA: THE TRACK RECORD AND PROSPECTS By Razeen Sally Razeen Sally (razeen.sally@ecipe.org) is Director of ECIPE and on the faculty of the London School of Economics www.ecipe.org info@ecipe.org Rue Belliard 4-6, 1040 Brussels, Belgium Phone +32 (0)2 289 1350 ECIPE OCCASIONAL PAPER ExECuTIvE SuMMARy This is the season for regional-integration initiatives in Asia. There is talk of region-wide FTAs, and there are east-Asian initiatives on financial and monetary cooperation. But grand visions for Asian regional blocs are not achievable. Regional economic integration is most developed in east Asia, but only because of manufacturing supply chains linked to global markets. South Asia is the most malintegrated region in the world. And east and south Asia are much less integrated in finance than they are in trade and FDI – due to highly restrictive national policies governing financial markets. Asia’s existing FTAs are “trade light”. They are largely limited to tariff cuts, but have barely tackled non-tariff regulatory barriers in goods, services and investment, and are bedevilled by complex rules of origin requirements. An APEC FTA initiative has gone nowhere – entirely predictable given such a large, heterogeneous grouping. An east-Asian or a pan-Asian FTA, by discriminating against third countries, would compromise regional production networks linked to global supply chains. Moreover, huge economic...
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...WORKSHOP ON FINANCIAL MANAGEMENT AND ACCOUNTING PROCEDURES IN NGO Broad topics to be covered Financial Management Accounting & Book Keeping Tally.ERP9 useful for NGO TDS and IT FCRA Auditing Funders Requirement Role of Finance Team in NGO September 8 to 10, 2015 Venue- Samarthan Training Centre, 36, Green Avenue, Behind Sagar Campus, Kolar Road, Chuna Bhatti, Bhopal MP 462016 WORKSHOP ON FINANCIAL MANAGEMENT AND ACCOUNTING PROCEDURES IN NGOS Venue: Samarthan Training Centre, Bhopal 8th-10th September 2015 We are pleased to announce a detailed workshop on Financial Management, Accounting procedures and legal compliances applicable to an NGO. Design & content: The workshop is conducted for providing detailed training of NGOs finance staff on the financial management aspects. It shall cover accounting processes, consolidation of books and training on accounting software-Tally ERP9.Pratical assignment based learning shall be taken up in the area of legal compliances – TDS, Income Tax etc. Topics covered: Session Conducted by Day 1 Introduction and Objective of training Financial Management for NGOs- needs Process and records Planning, Budgeting, Monitoring, Procurement, Auditing Day 2 Accounting & Book Keeping Functions of Tally.ERP9 useful for NGO accounting Group work Day 3 Interface between NGO and auditor TDS- rules, payments, filing of challan & return Interaction with the...
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...weakened following the Bear Flag revolt by the settlers and the United States took control of the region. The United States waged war against Mexico for manifest destiny and a dispute over Texas in the Mexican–American War on May 19,1846. The Treaty of Guadalupe Hidalgo between United States and Mexico ended the war officially on February 2,1848. California was handed over to United States. Neither the United States nor Mexico knew that gold had recently been discovered in California in 1848. The discovery of gold set off a major historical event in California, the California Gold Rush! James Marshall accidentally discovered gold while at work on January 24,1848 in Coloma, California. He was a carpenter building a sawmill on the banks of the American River at Coloma for John Sutter, a Swiss immigrant to California who founded the Sutter’s Fort in Sacramento. On January 24, 1848 James Marshall noticed tiny golden flakes sparkling in the American River and was astonished to find that it was gold! He reported this to John Sutter and they together confirmed that the shiny flakes were indeed gold by testing it. However, they decided to keep this as a secret in their own interests as Sutter wanted the area to be his empire and didn’t want to attract people into his land. Many sawmill workers also found gold in the American River. Marshall’s discovery of gold was no longer a secret. The news about the gold...
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...World of Solitaire, Shuddhi, Diya to name a few. Gitanjali is engaged in the cutting and polishing diamonds as well as in jewellery manufacturing, branding and retailing. It exports its cut and polished diamonds, as well as its diamond and other jewellery products to various international markets such as the USA, Middle East, Japan, China, Hong Kong, Thailand and to markets in Europe such as Antwerp and Italy. The group remains a dominant player in the diamond and jewellery segments. It has also recently forayed into the retail and lifestyle space. LOCATIONS Gitanjali is headquartered in Mumbai and enjoys a pan India presence with more than 4,000 points of sale across a total area of 1.7 million sq ft. The group has 120 outlets internationally .and a presence in significant jewellery markets such as the United States, the Middle East, Europe as well as markets in Asia, such as Japan, China, Hong Kong and Thailand. LISTING The company has been listed on Bombay Stock Exchange with script code 532715, National Stock Exchange of India script name Gitanjali[5] It has also recently entered the ecommerce market through a marketplace Jewelsouk and an exclusive online store Gitanjali Gifts and Xebec is their agency of choice. High/Lows & Performance of Gitanjali Gems Ltd. Duration period | One week | Two week | One month | Three months | Six months | One year | Old price | 68.00 | 72.30 | 72.60 | 400.90 | 555.05 | 348.00 |...
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...Section 7: Conclusion Section China and the World: Scenarios to 2025 7 Conclusion Given the importance of China today, there can Wild cards are low probability events which be no doubt that the determination of Chinese would have a significant impact if they were to leadership to maintain the course of reform will occur. In the case of China they could include : be a decisive factor in the global future. It is • A possible Taiwan conflict : equally true that the support of other global How would China react if Taiwan were to players and their preparedness to welcome declare independence ? For many years China in its gradual rise in greatness will have a independence was not an issue as the direct impact on how China emerges. Given the Kuomintang rulers of Taiwan claimed they close connection between China and global were the real government of China and welfare, these scenarios indicate that outsiders had no interest in relinquishing their claim must appreciate the scale of the challenges on sovereignty. But independence has faced by the government in Beijing, and that become an issue with the rise of generations those in China need to comprehend the born and raised on the island. They have sensitivities of outsiders to its rise. successfully established democratic rule and some do not want to be subject to rule Raising awareness of differing sensitivities is an important role that scenarios can play. from a distant capital. The implications of...
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