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Chinese president meets Cambodian King

Tuesday, September 1st, 2015

Chinese President Xi Jinping met with Cambodian King Norodom Sihamoni in Beijing on Monday.

King Sihamoni is visiting to attend the country's V-Day celebrations on September 3.

Xi said China cherishes its traditional friendship with Cambodia and is are ready to maintain high-level contacts with that country in various forms.

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Kim Jong-un dismisses top officials after standoff with Seoul

Sunday, August 30th, 2015

 

North Korea's supreme leader Kim Jong-un has dismissed top officials after a standoff with South Korea.

According to the New York Times, the standoff began after land mines were planted by North Korea that injured two South Korean soldiers.

The two countries, earlier in the week, threatened strikes against each other before reaching an agreement on measures to reduce animosity.

South Korea responded by resuming propaganda broadcasts critical of Kim's authoritarian rule for the first time in 11 years.

During a ruling Workers' Party meeting, Kim hailed the agreement, which came after marathon talks, as a "crucial landmark" that put "catastrophic" inter-Korean relations back on track toward reconciliation. (ANI)

Indian diaspora in Dubai 'excited' with PM Modi's address

Tuesday, August 18th, 2015

 The enthusiastic Indian disapora lauded Prime Minister Narendra Modi post his passionate address and said that he is bringing India on a new level.

"We have been looking forward to this event since two months. PM Modi told us that he will provide us with security and stability here, which was very assuring," said an Indian national.

"We are excited with his speech. The fact that there will be a temple here in Dubai is something that is great and our community could not be happier with this news," added a Mangalorean residing in Dubai.

However, there were a few people who felt that the Prime Minister had not said anything concrete in his speech with regard to providing solutions to their problems.

PM Modi accepts Nawaz Sharif's invitation to Pakistan for 2016 SAARC Summit

Friday, July 10th, 2015

 Prime Minister Narendra Modi, who held bilateral talks with his Pakistani counterpart Nawaz Sharif in Ufa, Russia, has accepted the latter's invitation to Pakistan for the SAARC Summit in 2016.

Foreign Secretary S Jaishankar shared the information.

"Prime Minister Nawaz Sharif reiterated his invitation to Prime Minister Modi to visit Pakistan for the SAARC summit in 2016, which Prime Minister Modi accepted," he said, after the Prime Ministers of India and Pakistan finished their bilateral talks.

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Zhang Dejiang pays tributes to Mahatma Gandhi at Rajghat

Monday, June 15th, 2015

China's Chairman of the Standing Committee of the National People's Congress Zhang Dejiang on Monday paid tributes to Mahatma Gandhi at Rajghat.

Zhang, who arrived in New Delhi late on Sunday night, had earlier met Maharashtra Governor C Vidyasagar Rao and stressed upon strengthening cooperation between the Parliaments and provincial legislatures of India and China.

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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.

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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.

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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

 

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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.

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Exclusive Interaction with Mr. HP Singh, Managing Director and Founder, Tomorrow’s India

Wednesday, August 24th, 2016

Mr Singh’svision about the immense potential in the present and future Indian Economy has given birth to another not for profit called “Global Social (India) Foundation “, which is the first ever platform that strives to bring together the three important pillars constituting the holistic growth of any nation- Culture, Knowledge and Business Opportunities-all on the same table! As a Social Entrepreneur, through Tomorrow’s India Mr Singh aims to enhance the economic cooperation as well as foster dialogues between India and the world economies.With approximately 1.2 billion people, India is the world’s largest democracy and second largest country by population. Mr Singh believes that in order to use these resource to drive results it is important to reach out to the untapped economies and “Showcase India” to the World.

1. What is “Tomorrow’s India” exactly? Is it an NGO or a consultancy? What does it exactly do? How old is it? What work has it done so far and what are its future plans?
Tomorrow’s India Global Summit was incepted with the ambition to connect Indian start-ups and SMEs with the world. The vision of the program is to create immense opportunities with economies around the world and identify emerging trends within India for the participating countries. The program was launched by The Global Social India Foundation (GSIF) in January, 2016 in Singapore and brought together experts, entrepreneurs, head honchos and corporate gurus from diverse sectors of the industry in form of interactive and power packed panel discussions, knowledge sharing and cultural exchange. Tomorrow’s India is hosting its second edition Tomorrow’s India Global Summit in Seoul, South Korea.
2. Can you please share with us your Mission and vision for “Tomorrow’s India” in more details?
The pause for thought came last year on August 15, 2015, when I envisioned a world offering an exclusive platform to businesses and entrepreneurs who are ready for globalization with India being at the forefront. That’s how the idea of Tomorrow’s India emanated.With approximately 1.2 billion people, India is the world’s largest democracy and second largest country by population. But how do we use this resource to drive results? The notion is simple – by reaching out to the untapped economies and “Showcasing India” to the World.Our global initiative is inspired by a great purpose – a purpose which lets your mind transcend limitations and you find yourself in a whole new ecosphere with different partner countries on board, helping you grow, without being limited by any geographic boundaries.

Our endeavour is to ensure that each member country derives the maximum number of opportunities in terms of joint ventures, intercountry collaborations, business tie-ups or investments and witnesses many more such glorious chapters going ahead – creating a whole new economic order.We have identified 3 vital pillars: BUSINESS, where we promote youth, MSMEs, start-ups and big corporate houses; KNOWLEDGE, where we aim to give education a whole new holistic approach and CULTURE where we create a fusion of intercountry performances never seen before.

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Revitalizing the India- Korea Strategic Partnership

Friday, August 12th, 2016

Despite India’s new “ACT EAST" policy nothing seems to have changed on the ground as far as India’s engagement with the East is concerned. Actually in some cases, bilateral relations between some regional countries have gone from bad to worse.

Korea is such a case in point. Only a few years ago the trade growth rate between India and Korea was among the highest. Now it has come to be among the lowest. It used to be thirty percent a year, but now it has come down to around three percent a year, The trade target of $40 billion by 2015 is all but forgotten.By the end of 2015, trade was stagnant around $18 billion and the trade deficit against India is said to have reached $8 billion. Furthermore, CEPA has become completely dysfunctional. It has failed to provide any new impetus to the business relations between the two countries.

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Five Principle Components to Revitalize the India- Korea Strategic Alliance

Thursday, May 5th, 2016

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India- Korea Strategic Partnership has become completely dysfunctional and has completely failed to have any deterrent effect on the fast deteriorating "Balance of Forces" in the region. if something is  not done soon to revitalize the alliance, damage to India- Korea alliance will become permanent and  it will become impossible to repair  the alliance for long time to come.

Here are my Five Principle Components to Revitalize the India- Korea Strategic Alliance

1. Acknowledge that India or Korea alone cannot stop the fast changing “balance of forces” in the Indian Ocean and in the East Asian region at large.

Developing the common threat perception is urgent need of the hour.

2) Acknowledge Indian and Korean Naval cooperation with regional navies will be very critical for keeping the SLOCs open and free for use of all in the Indian Ocean.

Developing the conceptual framework that India and Korea defense cooperation can have positive effect in stabilizing the fast deteriorating situation in the region is of paramount importance in revitalizing the alliance

3) Acknowledge Defense of South China Sea is interconnected with the defense of Bay of Bengal and East & West Sea..

Have a conceptual model of ‘inter connecting of strategic interests” between India and Korea. It can help in building the stronger foundation to have sustainable India- Korea defense cooperation for the longer term.

4) Acknowledge cooperation between Japanese and Korean naval forces will be very critical in keeping the east and South China Sea open for international trade.  Development  of any serious  difference  between  these two countries  will  have serious consequences for the whole region.   Other regional countries such as Vietnam, Philippines and Indonesia are also important. But these two countries are most critical for the defense of East Asia. India needs to work on this bilateral alliance on priority basis. India as a serious stake holder  in the region and good friend of both countries should leave no stone unturned to make sure these two navies works together as much as possible in the defense of “open sea” principle.

5 Acknowledge USA is fast loosing grip on the situation. Era of USA led East Asia is on the verge of ending. However India and Korea must coordinate together with USA to keep the balance of forces in the region as long as possible deep into the future. Do not give up on USA yet.

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Plans to Wage Peace on Korean Peninsula Gaining Momentum

Wednesday, March 2nd, 2016

The Korea Peace Movement is a gathering of people focused on bringing about a comprehensive definition of peace to the Korean peninsula. But while one may think that this revolves mostly around the conflict between North and South that has existed on the peninsula for half a decade, Dr. Lakhvinder Singh, the director of the Korea Peace Movement, has a different perspective.

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India's move on China expansion

Wednesday, December 30th, 2015

Since the eruption of South China Sea crisis in East Asia, a serious debate has started in India about possible ways to respond to the crisis. In normal circumstances it should not have bothered India much about what happens in this part of the world, however, the fast changing strategic balance of forces in East Asia has started worrying Indian strategic thinkers and policy makers.

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Memorandum of Understanding signed between Korea Fine Art Association and Cultural Centre of Vijayawada Andhra Pradesh

Wednesday, November 11th, 2015


Today Korea Fine Art Association, a cultural association in Korea, and Cultural Centre of Vijayawada, Andhra Pradesh signed a MOU to promote cultural cooperation between two countries in down town Seoul in South Korea.

Korea and India have many cultural similarities including marriage institution, family name tradition, deep love and respect for art, appreciation and preference for literature and language, co-existence of Buddhism faith, festival celebrations, and certain other cultural practices observed in both countries.

Since both KFFA and CCV have been principally promoting regional culture, cultural practices, literature works, indigenous traditional talents, art paintings, sculptures, and several other related skills, the objectives and activities of both KFFA and CCV have considerable harmony.

With mutual appreciation for the contribution of each other in their respective geographical regions, towards promoting cross border cultural harmony, cohesion, and universal cultural relationships, both KFFA and CCV desire to co-operate and collaborate with each other on areas of common interest and so as to broad base their visibility, relations, patronage, and functional activities. 

Interview: Richard C. Bush on Northeast Asian Economies

Monday, October 26th, 2015

Richard Bush is director of the Center for East Asia Policy Studies (CEAP) at Brookings Institution and is a senior fellow at the John L. Thornton China Center. For five years before that he was the chairman of the American Institute in Taiwan, the mechanism through which the United States government conducts substantive relations with Taiwan in the absence of diplomatic relations.

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Sukhbir Badal leading high level delegation to Korea

Sunday, August 30th, 2015

In pursuance of his agenda to accelerate industrial growth in the state, the Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal is leading a high level State delegation to Korea tomorrow to impress upon the top honchos of Korean to invest in the state.

During his five days visit to South Korea, the Deputy Chief Minister, accompanied by a delegation of top state officers, would showcase Punjab as the most suitable investment destination for investment. He will also present the strides achieved by the State vis a vis ease of doing business and also the new innovative fiscal incentives available for new investors.

As a part of his itinerary, the Deputy Chief Minister is scheduled to have hectic parleys with business giants especially from the field of electronics, dairy, skill training, infrastructure development, transport, smart cities and environment.

Mr. Sukhbir Singh Badal would also meet key business organizations of South Korea like Samsung electronics to call upon them for invest in Punjab. During a meeting with a Korean delegation in the presence of Chief Minister Parkash Singh Badal and Deputy CM here last week, Vice President Samsung Electronics Kyoung Soo Kim had evinced keen interest in biometric technology and offered to explore smart city and biometrics project collaboration in the state.

On August 31, Deputy CM would also visit Maeil Dairies factory and Integrated Operation Center at Songdo Smart City. Likewise he would attend business seminars and meetings with industry giants besides visiting Samsung electronics the next day. Similarly on September 2 he would visit KDI Sejong and hold meetings at Seoul.

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50 Years of Chinese rule has pushed Tibet into ecological disaster

Sunday, August 30th, 2015

The establishment of the People's Republic of China in 1949 led to efforts to greatly expand agricultural production in China.

The ensuing proliferation of irrigation wells sped ahead of the natural rate of replenishment of aquifers that were their source.

As a result, regions of China, particularly the arid north, have accumulated a considerable water deficit. This deficit has been further worsened by industrialization and the pollution of groundwater tables.

Considering that the Tibetan Plateau is home to some of the world's most extensive underground aquifers, China's interest in the exploitation of these resources is obvious.

Since the completion of the Golmud-Lhasa Railway in 2006, many such projects have been planned.

A Wilson Center report points out that China's South-North Water Diversion Project has a 'Western Route' planned that will tap three tributaries of the Yangtze on the Qinghai-Tibet Plateau.

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PM Modi arrives home after successful visit to UAE

Tuesday, August 18th, 2015

 

The two sides decided to elevate India-UAE relationship to a comprehensive strategic partnership and chart out a new course for cooperation in key areas like trade and investment, defence, security, maritime security and intelligence sharing.

On the concluding day of his two-day visit to the UAE, Prime Minister Modi held extensive talks with the Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan in Dubai.

Prime Minister Modi also addressed the Indian diaspora at Dubai Cricket Stadium where he spoke on various issues, including terrorism.

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India to chair BRICS Summit in 2016

Friday, July 10th, 2015

"India will chair the BRICS Summit from February 2016 to December 2016. From 2017 onwards, the BRICS calendar is going to match the annual calendar and India will chair the BRICS for 11 months," said Secretary (Economic Relations) in the MEA, Sujata Mehta.

"The first announcement was that we should have an annual BRICS fair and our intention is that the first of this will be during India's chairmanship during 2016," she added.

Mehta further said that there might be a BRICS under 17 football tournament during India's term as chair.

"We will also try to concretize on the other announcements which are the railway research center, cooperation amongst supreme audit intuitions, a BRICS digital initiative, the BRICS agricultural research centre, cooperation amongst cities, an annual BRICS sports meet," she said.

"There might be a BRICS under 17 football tournament during India's term as chair. The first major project of the new development plan should be in the field of clean energy and a BRICS film festival," she added.

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US Congress should push through the TPP deal

Monday, June 15th, 2015

The Trans-Pacific Partnership is long overdue. The TPP is expected to be highly beneficial for the US and its partners, providing opportunities in the international open market especially in the fastest-growing economies of the Asia-Pacific region. Given the weakened state of the US and global economies, this partnership will be the most vital international trade agreement in several decades, and it should expedite commerce in the Asia-Pacific region. 

 The Obama Administration has been working rather quickly to finalize the comprehensive 12-nation deal as a bipartisan effort containing Republicans’ support. The Senate approved the Trade Promotion Authority (TPA) last month with a large bipartisan vote. The TPA, known as the ‘fast-track’ authority legislation, gives the president the authorization to negotiate a deal that will only allow votes in Congress.

Conversely, Democrats in the House, followed by Minority Leader Nancy Pelosi, voted against the Trade Adjustment Assistance (TAA), a provision of the TPA. The TAA is a federal entitlement program that provides financial assistance, $450 million of annual appropriations through June 30, 2021, to American workers who may lose jobs from its partnerships’ competition.

Inidian EdCIL offers admission to International students

Monday, June 15th, 2015

EdCIL (India) Limited, a Public Sector Enterprise under Ministry of Human Resource Development, setup with the mandate of promoting Indian Education in countries abroad is  currently offering admission to international students  in Indian universities.

Insurance as a service: Software as a Service set to transform the insurance industry

Wednesday, June 10th, 2015

 Studies conducted by Ovum, the global analyst house*, reveal that the use of SaaS (software as a service) in the global insurance industry is already significant with at least a third of all insurers fully deploying or trialling SaaS currently.  Despite a significant minority of insurers remaining cautious of SaaS (for regulatory, risk and reliability reasons) there is almost universal agreement among insurance carriers that SaaS will have a significant impact on both the insurance industry and i

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In the Pink on Monkeys, Raisins, Money -- and the Flow

Monday, June 8th, 2015

What’s going on here … little furry primates, sweet rewards: is this magazine about business -- or zoos?

 Enter American Daniel Pink. He is, well, in the pink!

Enter American Daniel Pink. He is, well, in the pink! Dan started his dive into the midst of that color when he received a JD from Yale Law School. Then he held some government posts, such as chief speechwriter between 1995 to 1997 for Vice President Al Gore.

As a refreshingly idealistic author, he has penned five bestselling books about the changing world of work. These include “A Whole New Mind,” translated into 24 languages, and “To Sell is Human.” In “Drive,” Pink explains how money is not always the best bait for the employee fish, the theme of this interview.

Overall, Dan shifts us toward a -- surprising -- new world view based on his grasp of the psychology of control versus self - directed cooperation. He has the courage to slap at GE's snarling former CEO Jack Welch.

In 2013, www.Thinkers 50 selected him one of the world’s top 15 business cogitaters. He is also host and co-executive producer of “Crowd Control,” a new television series about human behavior on the National Geographic Channel


Dan gives this exclusive interview to Victor Fic Biztech’s special correspondent for politics and economics, who edited it for clarity.

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