Skip to content

India's growth expected to surpass China's: UN report

Friday, May 29th, 2015

A United Nations report has stated that India's economic growth is likely to surpass that of China with GDP growth expected to touch 7.7 percent in 2016.

The report states that Chinese economy is expected to grow by seven percent this year and 6.8 percent next year.


Now, software that will provide 'world-class' security to small businesses

Tuesday, April 28th, 2015

Now, a software will provide world-class protection to businesses with fewer than 25 employees, without the need for specialist IT skills, making it easier to focus valuable resources on running and developing the business while keeping operations, customer's and employee's data secure.


Front row seats of a different kind: Abacus integrates City Discovery

Monday, April 27th, 2015


“All our ground products have been independently reviewed by travellers of varied tastes and so we know we can cater to the range of demand Abacus can channel from all around the region,” added Wladimir Guez, City Discovery Co-Founder and Vice President. “This is a huge opportunity for City Discovery and we look forward to fulfilling every reservation made through Abacus Content Plus.”Abacus travel agents can sell City Discovery products independently, or tie them into a custom itineraryas part of a complete personalized package, with flights, accommodation, car rental, transfers and more. Easy to align and track, Abacus Content Plus automatically creates a consolidated super-PNR. In beta testing now, Abacus Content Plus will be free to use as one of the 60 downloadable Abacus Red Apps that integrate with leading B2B workflow solution, Abacus WorkSpace.

PM Modi, PM Harper remember Komagata Maru incident

Friday, April 17th, 2015



Indian Prime minister

Prime Minister Narendra Modi on Thursday bowed in remembrance to the 1914 Komagata Maru incident, where hundreds of Sikh passengers were not allowed to alight on Canadian soil due to their Asian origin.

67pc employees would have affairs with bosses for promotions

Saturday, April 5th, 2014

A new study has revealed that 67 percent of the employees have an affair with their bosses to get ahead at work.

According to a survey by dating site Victoria Milan, 42 percent of participants said they have already had an affair with a co-worker or a boss, while 81 percent said they have at least "fooled around", Huffington Post reported.

Women tend to avoid applying forjobs that are "male-sounding"

Saturday, April 5th, 2014

A new study has revealed that women tend to avoid applying forjobs that are "male-sounding".According to the study by Technische Universitat Munchen, women also feel less inclined to respond to ads containing frequently used words like "determined" and "assertive", as such words are linked with male stereotypes.

The study found that if job advertising described a large number of traits associated with men, the women found it less appealing and were less inclined to apply.

China encouraged to focus on visa facilitation to drive up International visitors

Saturday, March 1st, 2014

Travel & Tourism creates more jobs and contributes more to China's economy than industries including automotive manufacturing and banking
Improving visa access and visa processes for China is the key to opening the country's doors to more International visitors. That is according to the CEO and President of WTTC, David Scowsill, who is unveiling research today which underlines the significant role which Travel & Tourism is playing in driving China's economy.

United Nations launches 2014 online courses on Finance, Trade, and Intellectual Property

Saturday, March 1st, 2014

United Nations launches 2014 online courses on Finance, Trade, and Intellectual Property As the demand from Sub-Saharan African countries for online training steadily grows, the number of online courses has increased by 390% over the past 5 years GENEVA, Switzerland,March 1, 2014/ -- The United Nations Institute for Training and Research (UNITAR) ( has just launched the 2014 edition of the online training courses in financial management, international trade and intellectual property.

Shutdown to cost U.S. economy $300mln a day, say experts

Thursday, October 3rd, 2013

 The US Government shutdown would cost 300 million dollars per day, according the economic consulting firm IHS Global Insight.
The figure means that about 12.5 million dollars will be lost an hour, or roughly 1.6 billion dollars a week, while the government is closed.The IHS analysis accounts only for the lost wages and productivity from the nearly 800,000 federal workers, ABC News reports.


Speed of talks has increased: Parrikar on Indo-China border agreement

Friday, May 29th, 2015

 Union Defence Minister Manohar Parrikar on Tuesday said that the process for border agreement with China has been initiated, but added that it would take time to resolve the present problem.

"There are confidence-building measures which had already been initiated. The speed of talks has increased. I think a lot depends on these aspects so that we can resolve the problem. But it is not a five minute task... it will take much longer, but the exercise is on," Parrikar said in an exclusive interview with ANI.


Indian Navy chief downplays 'white paper' release by China

Friday, May 29th, 2015

Chief of Naval Staff Admiral R.K. Dhowan on Thursday downplayed the 'white paper' released by China on Tuesday that outlines a strategy to boost Beijing's naval reach and announces plans for the construction of two light houses in disputed waters, developments which are likely to escalate tensions in a region already jittery about Chinese maritime ambitions.
The naval chief replying to the question of China's perceived threat in the Indian Ocean region said "It is natural for any navy to have its plans which cover a spectrum of their entire operations, so it isormal activity for any white paper of any navy," said Admiral Dhowan.
In a policy document issued by the State Council, the Communist-ruled country's cabinet, China had vowed to increase its "open seas protection", switching from air defence to both offence and defence,nd criticised neighbours who take "provocative actions" on its reefs and islands
On the issue of coastal security, the navy chief explained the action being taken since the Indian navy was given the charge as the lead agency in coordination of coastal security in 2008.
"Setting up of 46 coastal radar stations, 74 automatic identification systems, induction of our fast and scepter class and leveraging of technology with patrols that are carried out by the navy and the coast guard. Our ships, UAV's and aircraft keep the complete surveillance under patrol," added Admiral Dhowan.


Prime minister Modi ’s visit to Korea heavily tilted towards business

Sunday, May 17th, 2015

Indian Prime Minister Modi's maiden trip to South Korea as is scheduled for May 18-19, after  his visit to China and Mongolia.

From all the available sources in the public domain, it is becoming more and more clear our Prime Minister’s visit to Seoul will focus on economic and business promotion. If advance visits of Indian official to Seoul in recent weeks are any indication Strategic and security issues are not expected to get much attention and mostly likely put on the back burner.

It is hoped that the Prime Minister's May tour to these three countries might attract as much as $10 billion in financial assistance for his pet projects: Smart Cities, Digital India and Swachh Bharat Abhiyan.

South Korea has shown significant interest in these projects. Advance teams are currently negotiating terms and conditions for the infrastructure development package, which will be funded by South Korea's Export Import Bank. Sources have indicated that most of the assistance would be provided on a long-term basis at reasonable interest rates.

South Koreans have also shown great interest in his “Make in India” campaign. Indian delagates are said to be persuading big South Korean businesses to invest in India, and the Indian government is hinting that more infrastructure sectors could be covered following the bilateral negotiations to make the deal more attractive to South Koreans.

The Prime Minister is especially interested in developing closer ties with the shipbuilding industry, in particular those companies open to building ships in India. Knowing well that South Korea is a world leader in LNG transportation vessels, he has been encouraging India's private as well as state-run players to develop relations with Korea’s top shipbuilders such as Hyundai Heavy Industries, Daewoo, Samsung, STX, Hanjin, Sundong and Hyundai Samho; and looking into the possibility of making a ship in India for LNG imports. If a deal comes through this might be seen as one of the concrete outcomes of the visit.


Emerging Strategic Convergence Between India and Korea

Thursday, May 7th, 2015

Strategic balance in East Asia is changing. In this new strategic equilibrium Korea and India are being forced to evolve new policy alternatives to protect their national interests. Fundamental questions are bothering both countries. How do they to keep peace and stability during this transition period in a region full of historical animosities and boundary, ethnic and economic disputes? How best can two middle powers like India and Korea serve, protect, and promote their national interests?

India and Korea, two of the most successful democracies in Asia, are natural partners. India and Korea have lot to gain if they work together. Today, both are significant middle powers with strong economies and are already playing an established role in e international institutions. Both as democracies have a strong interests in the rule of international law establishing regional order. Their joining of hands presents a new paradigm shift in international relations: two new rising Asian powers building their collaborative identity, and crafting a new role for themselves to protect and promote their own vision, instead of blindly following the polices of traditional super powers. Together they have the potential to forge a third way, not only for themselves but all other fellow smaller countries facing the same choice in the region.

It is becoming abundantly cleaR in this fast interconnected Asia, any disruption of hostilities anywhere in the region will have adverse impact all over Asia and beyond. Given the fact that Korea, as the 9th largest trading nation, is strongly connected to the world economy, any war (nuclear or non-nuclear) on the Korean peninsula could have a devastating effect not only on the Korean economy, but also on Indian and Asian and world economies at large. Peace on the Korean peninsula is of paramount importance for continued prosperity of the region. So far, India’s involvement in peace building there has been very minimal. Given the changing strategic imperatives on the regional stage, there is room for India’ to play a bigger role in peace building and the nuclear non – proliferation process here.

Indian Defence Minister, Manohar Parrikar's maiden visit to Korea last month was a great opportunity to explore the Korean model of indigenization of the defense industry which India is also trying to follow with its own program under the new Indian prime minister's “make in India” initiative. According to a rough estimate, India is expected to procure arms worth US$230 billion in next ten years under its defense modernization programs. Given the advance stage of indigenization of the Korean defense industry, Korean companies are in a very advantageous position for setting up shop in India and producing defense related equipment for the Indian armed forces.

Already some promising signs are emerging in defense cooperation. The Indian navy is planning to procure six new minesweepers. The Korean minesweeper, considered to be one of the best in its class, is expected to be built at the Goa Shipyard with possible assistance from Korea. Recently some renowned Korean firms have also joined in multiple ventures adding new artillery guns for the Indian army. To take this relationship to next level, both sides are said to be keen on a trilateral engagement with USA similar to what India has with Japan. Possibilities of increasing the exchanges of personnel and more joint exercises are being discussed.

However, for India and Korea to take their defense partnership to its fullest potential, it is imperative that they realign their strategic priorities and objectives in accordance with each other’s strategic needs. It is only after this that they will be able to build requited confidence and the trust level necessary for any kind of defense cooperation. Only economic logic can take the relationship thus far.

For example despite the rhetoric-heavy pitch, India has taken minimal positions on important issues facing Korea, i.e. Korean unification and nuclear proliferation on Korean peninsula. India is an important and influential country in Asia. Impressions though in Korea and East Asia is that India is not doing enough to promote Korean unification and merely doing lip service to a cause which is of paramount importance to the Korean people. India needs to throw its full weight behind Korean unification, nuclear non- proliferation, and conflict resolution on Korean peninsula, Without a doubt a united, nuclear weapon free, prosperous, and powerful Korea, that is able to defend its way of life on the eastern planks of China is in India’s best interest.


On Epictetus and Tin Cups: How the ‘Hanoi Hilton’ POWS Won Their War

Saturday, April 25th, 2015

“Be careful to leave your sons well instructed rather than rich, for the hopes of the instructed are better than the wealth of the ignorant.” Epictetus

When naval aviator James Bond Stockdale became a ‘guest’ in the Hanoi Hilton, his vital leadership helped his men to survive. His son James Stockdale Jr. recalls his father’s sterling character. Then Taylor Kiland  author of ‘Lessons from the Hanoi Hilton,’ distills the lessons in this exclusive, unique interview to Victor Fic, Biztech’s special correspondent for business and politics.

** Jim your father was smart enough to attend Stanford to study...what?

He took his MA through the navy at Stanford and was a life - long learner. He finished in political science focusing on Taiwan in the Sino – Soviet dispute. He wandered across the Stanford quad to the philosophy department. By fate, he met a phenomenally well regarded philosopher named Philip Rhinelander. He took a shine to my father and tutored him. Rhinelander gave him the 'Enchiridion' by Epictetus. It was a manual for soldiers.

** How did your dad go from focusing his eyes on the books to looking through a site for communist targets to bomb?

Dad served as commander of a flight squadron and became a carrier air group commander for all the planes on the USS Oriskany.

** But North Vietnamese anti – aircraft fire grounded him....

Flying an A – 4 Skyhawk, he came in for the primary target, the Thanh Hoa bridge south of Hanoi. But it was shrouded in fog. The secondary target, railway box cars, was a milk run. He knew the position of the anti – aircraft guns but the North Vietnamese installed a new one. His plane was shattered by an anti – aircraft gun on a hill. Dad tried to get to the sea because there is more chance to be rescued there. He came down in the little village of Thanh Hoa. It was September 9, 1965. It was two days before sailing for liberty leave in Hong Kong.

** Did he dub the prison the Hanoi Hilton?

That sarcastic name came from Bob Schumaker, the second man shot down and imprisoned there. He became a rear admiral. It is called Hoa Lo in Vietnamese -- fiery furnace. Originally, the grounds were for making pottery so it had a hot kiln. Dad was tortured several times. He considered it his duty to put himself first in line. He was ‘in the ropes’ several times. The Vietnamese tied your wrists and then pulled the rope higher to dislocate your joints. He suffered week long sessions intermixed with severe beatings.

Defense minister's visit

Visit of Indian Defence Minister to the Republic of Korea April 15-18 2015

Monday, April 20th, 2015

On the first day of his official visit to Seoul, Defence Minister Shri Manohar Parrikar began the day at a solemn ceremony to pay homage to martyrs of Korea’s independence movement and the Korean War at the National Cemetery. He also recalled the role of the Indian Army in providing medical assistance andrepatriation of prisoners during the War.Later in the day, Defence Minister visited Korea’s ninth largest corporation, Hanwha. In its 63 year history,this firm has become a Korean leader in ordnance, fuzes, precision guided systems, sensors and aerospace.In the detailed site visit facilitated by Hanwha President Shim, RM invited Hanwha to participate in the Make in India programme, taking into account the enormous opportunities for mutually beneficial business.

Later in the evening, in Seoul, Shri Manohar Parrikar addressed an India-Korea Defence Industry Forumarranged by the Embassy in association with the Indian Chamber of Commerce in Korea (ICCK). Senior representatives of 10 Indian defence firms interacted with senior representatives of the Korean DefenceAcquisition and Program Administration (DAPA), Korean Defence Industries Association, and over 15 leading Korean defence industries. Defence Minister highlighted that the defence industry in India would be likely to see $250 bn worth of business over the next decade as India modernized its defence systems and industries.After outlining the policy changes being brought forward by the Government of Prime Minister Modi to facilitate investment in the defence sector, Shri Manohar Parrikar said that the time had come for Korean defence firms to take advantage of the high brand value enjoyed by Korean-made produts in India, and to enter the defence market as partners for the long-term.


Asia's evolving 'Great Game'

Friday, April 17th, 2015

It's difficult to say which foe bothers India the most. Chinese troops crossed India's frontiers in 1962, nipping bits of territory that they've never relinquished. Pakistan has waged three useless wars to try and recover the Indian portion of Kashmir, a Himalayan wonderland divided by a line of control since the end of British rule in 1947.


India needs to 'act' to make its new "Act East Policy" work

Friday, April 17th, 2015

At the 12th ASEAN summit in Myanmar on November 2014, Prime Minister Narendra Modi renamed India's "Look East" policy to “Act East” policy. On the occasion, Prime Minister Modi proudly declared: "My government has been in office for six months and the intensity and momentum with which we have enhanced our engagement in the east is a reflection of the priority that we give to this region... A new era of economic development, industrialization and trade has begun in India. Externally, India's 'Look East Policy' has become the 'Act East' policy,"
High sounding rhetoric apart years of neglect has left India‘s Look East Asia policy in shatters. Serious doubts are being raised about India’s commitment to the region. Case in point is the fate of two important projects— the Kaladan multi-modal transport project and India-Myanmar-Thailand trilateral highway. These were both sold as big ticket projects for India’s commitment to East Asia. The deadline, for the India-Myanmar-Thailand trilateral highway which was expected to be completed by 2016, has been extended to 2019. Similarly, the Kaladan multi-modal transport project is also struggling to meet the completion deadline, which calls into question the India’s commitment to the region. Meanwhile China, another country trying to integrate Southeast Asia with its growth engine, has started building roads and bridges, gaining the trust of Southeast Asian countries.
It is common perception that there is definite bias against East Asia as far allocation of human resources is concerned. Almost all diplomatic and consular posts in the region are understaffed and under experienced. There is no longer sanctity about the level of particular post in the missions. A second secretary is replacing a counselor, a grade III officer, replacing a Grade I officer and so on. Very few officers being sent to the region have shown to have some understanding of the power dynamics of the region. Most of them learn on the job. Such practices are sending the wrong signals to the region. The region is crying out for fully functional missions staffed by skilled and dedicated diplomats corps.

Defense minister

The Defence Minister of India (RM) Shri Manohar Parikkar Visiting Seoul

Thursday, April 16th, 2015

The Defence Minister of India (RM) Shri Manohar Parikkar arrived in Seoul today on his first official visit to South Korea . The Minister is accompanied by the Defence Secretary and senior Indian military and civilian officials from the Ministry of Defence and an Indian Defence industry delegation.

During this three-day visit to RoK, RM will co-chair the India-ROK Defence Ministerial meeting with his Korean counterpart Gen.Han Min-Koo on 17 April. They will hold extensive discussions on the entire gamut of the bilateral defence relationship and regional and global issues of mutual interest, and will in particular identify ways to upgrade the Defence relationship.

RM will also meet the Chairman Of the Joint Chiefs of Staff, Admiral Choi Yun-hee, Minister Chang Myoung-Jin of the Korean Defence Acquisition Program Administration and National Security Adviser, Gen Kim Kwan-Jin.

Marketing and Branding Bloopers-How to avoid them

Thursday, February 13th, 2014

Why do branding bloopers happen?
Today’s businesses are globally interconnected and interdependent. Multinational companies and business conglomerates produce their products in low-cost manufacturing regional hubs and export them to various geographies across the globe. Ford, Pepsi, Wal-Mart, Tesco, Apple, Sony, Samsung, and Tata are a few household names which meet the above descriptions. However, the above business dynamics create situations which give scope for marketing and branding blunders to be committed. Some of the key contributing factors identified by marketing analysts are as follows:
Interplay between cultures and languages.
This interplay between organizations and customers who are required to communicate and interact using multiple languages some times create branding nightmares and bloopers which cost organizations ‘loss of face’ and also cause ‘loss of revenue’.

Tesco Lotus Brand- Building Turnaround Story

Thursday, February 13th, 2014

Tesco, UK’s retail outlet giant, nowadays has a major presence in Thailand under the brand name Tesco Lotus. However, this was not the case until only a few years ago. Back then Tesco Lotus was still a burgeoning business in the retail sector with more than 700 stores and a nearly 50,000 strong workforce. But those were troubled times then, as it was steadily losing customer and market share to entrenched competition. A turnaround was soon possible thanks to some ingenuous and out-of-the box thinking by brand building experts.

“Why Should I Hire you!"

Thursday, February 13th, 2014

What skills do you need to be a personal branding expert?
First, a coaching certification is vital for training in helping clients self-discover –  to become aware of their talents, strengths and
passions. That is the information needed to create their brand. A coaching certification (CPC) includes over 320 hours of formal coaching education, live training and time with clients. The Energy Leadership Index - Master Practitioner (ELI-MP) is a specific accreditation for certified coaches who specialize in the understanding and use of energy to shift and amplify awareness and performance. These expanded tools offer a more significant client experience from which they can build their personal branding. Second, a keen sense of connection to the world is critical to help client see options and opportunities to find their fit in today’s world.

Country Branding Why it is not just an Advertising Campaign

Thursday, February 13th, 2014



The concept of ‘country branding’ is viewed differently in different countries, and is mostly influenced by the national character of the nation. There are many countries such as Germany where ‘country branding’ is often associated with‘new nationalism,’ especially in the academic context. However, most countries associate ‘country branding’ with high-profile public relations that propagate the country variously - as the dream travel destination, an ideal place for business investment, or the perfect employment destination. Various examples and discussions on the definitions of ‘country branding’ in the Southeast Asian context suggest that country branding is much more than a well-planned and executed advertising campaign. That is to say, a country brand is the essence of a country, relative to the personal experiences of the individual.

Branding is about how to Define Products

Wednesday, February 12th, 2014



First of all please tell us how important branding is in the marketing strategy of any product.

Companies need to engage in marketing through differentiating their product in price, retailing, and promotion. These days, however, the technology gap between companies is narrowing, which makes it difficult for companies to make their product significant and different. Quality-wise products are almost the same. Almost everyone is doing great in price, retailing, and, advertisement. Big companies and SMEs all are good at marketing. Thus, it is difficult to differentiate their products through marketing alone. Inevitably, companies seek brand management to stand out. Marketing is about how to sell, but branding is about how to define products. When companies engage in marketing, they think about how to make marketing outstanding. This is brand marketing. Marketing raises real value, while branding raises perceived value. Despite the high quality of the product, if the perceived valueis low, the product cannot be appreciated properly. As differentiated marketing is required, businesses are seeking brand management, which puts emphasis on brand. Therefore, branding is becoming a trend.

Chaebol’s Economic Domination the Bane of Growing Social Disparity within South Korea

Wednesday, February 12th, 2014

Three of the most famous Korean chaebols that hold global sway across consumer electronics are Daewoo, LG and Samsung. A chaebol is a Korean term for clan-owned business that has become successful, especially as multinational companies. The term ‘chaebol’ (also spelled ‘chaebeol’) is derived from the words ‘chae’, which means wealth/property, and ‘bol’, which means clan.

Open source newspaper and magazine cms software