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Economy

Booming of Energy Sector in Chinese Economy

Tuesday, June 1, 2010

If anybody thought that the economic downturn experienced by the world over will bring the Chinese energy sector to a standstill, then they were grossly wrong. For one, this period of economic uncertainty has made the country more determined to rise to the occasion when the economy revives.

Technical Advances in Agriculture in China

Tuesday, June 1, 2010

One of the most important fundamental commodities that are critical to man’s existence is food. In this regard, a country’s agricultural backbone is vital to sustain the way of life for its citizens. Without a sound food and agricultural support system, the country’s continual development in all other areas including economic, cultural, social and industrial aspects will simply move forward at a very slow rate or even not at all.

Paying the Price of Emission

Saturday, May 1, 2010

What if you have to pay more tax on top of your gas charge just because you use more gas than your neighbors? Would you think the tax is too much? Due to increasing concerns about climate change and greenhouse gas emissions, many countries – mostly in Europe – have already established and/or proposed a carbon tax. Not good news if you were a heavy user of gas.

A New Era of Strategic Partnership

Thursday, April 1, 2010

For a long time, the Kingdom of Saudi Arabia has been a strategic partner for India in the Middle East. The recent visit of the Indian prime minister further strengthened ties between the two at many levels, one of the most important being to improve the economic relationship between the two nations.

Water Management In Korea

Monday, February 1, 2010
South Korea is poor in natural resources, producing neither oil nor natural gas. However, it was believed that the country was rich in water until recently, though not anymore. There is a Korean saying about spending money like water, meaning that a person who throws away money often has to be reminded that he is spending too much. This old saying shows how abundant water once was in Korea.  

Apple's iPhone: What It Can Do For You

Monday, February 1, 2010

When the iPhone was launched by Apple in 2007 in the United States no one realized what a storm this palm-sized device was going to stir up. A breakthrough in mobile phone technology, the iPhone offers its users a range of features including medical advice for elders and wireless phone applications for the military. This article discusses the various applications for the iPhone and its uses for people from all walks of life

Vision for Indo-Korea Trade Relations

Friday, January 1, 2010
Noble Laureate Rabindranath Tagore composed a short but evocative poem in 1929 about Korea's glorious past and bright future. He wrote:

"In the golden age of Asia Korea
was one of its lamp bearers,
And that lamp is waiting
To be lighted once again
For the illumination of the East."

Historical and cultural contacts between the two peoples date back to ancient times. According to "Samguk-Yusa" or "The Heritage History of the Three Kingdoms," written in the 13th century, a princess from Ayodhya came to Korea and married King Kim Su-ro and became Queen Hur Hwang-ok in the year 48 AD [former President Kim Dae-jung, former President Kim Young-sam and former Prime Minister Kim Jong-pil trace this ancestry]. The enduring philosophy of the Buddha, which has influenced the lives and thoughts of the people of the two countries, has also provided a strong link. The rationale for a close relationship between India and South Korea has been reinforced in modern times by political and economic imperatives.

Reserving High-End Niche Early On

Friday, January 1, 2010

When one writes about Korea, India or both, there is really only one topic to speak about right now, and that is the ratification of the Comprehensive Economic Partnership Agreement (CEPA). There has been quite a lot of ink spilled and pixels tickled about the partnership between the two countries. After all, it is indeed hard to ignore the elephant in the room. This writer can only see half of the room from this perspective, sitting in the capital of South Korea and having never been to India.

Coping With Global Recession - The MindTree Way

Sunday, November 1, 2009

Most innovations happen during harsh times. Currently, the global economy is going through a transition period owing to the recession. A majority of the corporate sectors are facing the worst sides of the recession that started with the mortgage crisis in the United States in early 2007. Companies have curtailed expenses. Mass layoffs have become the order of the day. To survive, they are forced to adopt such tough measures. Strategic partnerships and innovative technologies are reshaping the markets worldwide.

Where Has All the Money Gone?

Sunday, November 1, 2009

Korea is primed for startling growth in the small and medium enterprise (SME) sector. Korean SMEs account for 99.9 percent of all enterprises, 87.5 percent of all employees and 49.4 percent of production, according to numbers from the Korean Small and Medium Business Administration. However, right now, SMEs are not generally growing at a rate that can positively impact the economy. They are missing a few essential ingredients.

Potential Risk Factors Ahead

Sunday, November 1, 2009

As we enter the final months of 2009, we look toward what one hopes will amount to a brighter holiday season propelling the consumer tech industry into a better year ahead. By most accounts, 2009 was a dismal year. As we start Q4, we believe the worst is now behind us. It appears April - which experienced double digit revenue declines from the same period a year ago - will mark the low point for 2009 consumer tech sales and this recessionary cycle.

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