Market

J&K’s woolen sector to get major revamp under World Bank funded project
12Oct By Joe RodriguezNo Comments
Asia, Market

J&K’s woolen sector to get major revamp under World Bank funded project

The traditional wool-based industry in the Indian union territory of Jammu and Kashmir (J&K) is being given a major overhaul under the ongoing World Bank funded Jhelum Tawi Flood Recovery Project (JTFRP) —a move associated with wool production as well as the employees working at the heritage government Bemina Woolen Mill.Dr Syed Abid Rasheed Shah, Chief Executive Officer of the project said that the J&K Economic Reconstruction Agency (JKERA) under the component of restoration and strengthening of livelihoods of the World Bank funded JTFRP is taking concrete steps for the restoration/strengthening of livelihoods under the traditional cottage-based industry. “This step a major revamp underway for the restoration of government Woollen Mills at Bemina,” he said.He further explained tha...
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## J&K Bank CMD inaugurates new corporate premises of JKB financial services ##
10Oct By Joe RodriguezNo Comments
Asia, Market

## J&K Bank CMD inaugurates new corporate premises of JKB financial services ##

Jammu and Kashmir (J&K) Bank Chairman and Managing Director RK Chhibber inaugurated the new Corporate Office of JKB Financial Services - a wholly owned subsidiary of J&K Bank at Jawahar Nagar, Srinagar.With its strategic location and spacious premises, the new office is equipped with state-of- the-art technology infrastructure.The Bank’s CMD also launched multiple business and IT initiatives rolled out by the company like Dynamic Pricing Model, Margin Trading Facility, Online Demat and Trading Account Opening and Online Mutual Fund Management, aimed at enriching the customers’ digital experience besides increasing the company’s digital footprint.The entire product portfolio of the company has been devised to meet the dynamic customer requirements and increase public awareness on in...
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## J&K: SKICC celebrates World Tourism Day with laser show, musical fountain ##
7Oct By Joe RodriguezNo Comments
Asia, Market

## J&K: SKICC celebrates World Tourism Day with laser show, musical fountain ##

On World Tourism Day 2020, the Sher-i-Kashmir International Conference Centre (SKICC) in Indian union territory of Jammu and Kashmir organized a spectacular laser show and a musical fountain in its back lawns.While adhering to the coronavirus protocols strictly, Secretary Tourism Sarmad Hafeez operated the show which witnessed participation from all strata, particularly the tourism trade and hospitality sector.SKICC Director Bakshi Javid Humayun termed it as a good omen to open up the tourism sector particularly MICE Tourism post coronavirus pandemic in Kashmir.He said that since 1980 this day is observed with a lot of festivities but the COVID-19 pandemic has proven a big hindrance limiting the scope of such activities this year.“Secretary Tourism has been pivotal to regain the fervour an...
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Locals in Bangkok resist environmental dictatorship
30Sep By Brian Thompson1 Comment
Market

Locals in Bangkok resist environmental dictatorship

Picketing in front of the Government House, Anong Kuson told herself that this was just another test of “our determination to protect our forests and our home community”.Ms Anong, 34, and the mother of three from Ban Muang Takua, Phatthalung province started picketing along with some 20 residents who represented the Muang Takua community in Bangkok after the Phatthalung governor told them he had no power to stop the Irrigation Department's controversial dam project."I told myself never to feel discouraged, never to give up on our mission to stop the Muang Takua dam project. It will destroy our forests, waterways, our abundant nature. It will rob our children of life security and future. I will never let it happen."It has been decades since the protests began. After being shelved by strong ...
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China’s ally Pakistan secretly developing trade ties with Taiwan
29Sep By Michael SmithNo Comments
China, Market, USA

China’s ally Pakistan secretly developing trade ties with Taiwan

Pakistan, a close ally of China, is secretly developing trade ties with Taiwan, which showcases its duplicity.In a recent meeting, Sidrah Haque, trade and investment attache at the Embassy of Pakistan in Cairo met with Michael Yeh, the director of Taiwan Trade Centre in Cairo to discuss the trade ties.She tweeted about the meeting along with a picture with Michael Yeh, but later deleted it fearing condemnation by Beijing."Met Mr. Michael Yeh, a veteran commercial officer from Taiwan Trade Center. We spoke of Pakistan-Taiwan trade ties, our shared commercial experience in Cairo and major products of interest in the local market. Always feels good to connect with other trade wings and compare notes!” Sidrah Haque said in her tweet.China has no control over Taiwan but claims it as part of its...
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How China’s top-notch mass surveillance system threatens global freedoms
26Sep By Mike TrudellNo Comments
China, Market, USA, World

How China’s top-notch mass surveillance system threatens global freedoms

Going by the records of Beijing Public Safety Bureau, every step, every action is monitored by state-of-the-art surveillance cameras. Facial recognition algorithms filed away in a secret database could land you in legal trouble for something you did near your front door. A semi-political post made in a private chat could lead to the loss of your job.Yet it is only the beginning of the rise of technologically-advanced China and its dystopian dreams. It might be a deterrent to crime, as the Chinese Communist Party (CCP) leadership says, but it also means a substantial loss of privacy and free expression."The Chinese Communist Party is committed to the production and use of technology that controls and surveils its population," Chairman Robin Cleveland and Vice Chairman Carolyn Bartholomew of...
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Srinagar bizman develops hands-free sanitizer dispensing stand
17Sep By Joe RodriguezNo Comments
Asia, Market

Srinagar bizman develops hands-free sanitizer dispensing stand

To tackle the spread of coronavirus, a young Kashmiri businessman has come up with the concept of a sanitiser stand which dispenses the liquid with the use of one's foot and the equipment also carries corporate advertisements.The Srinagar-based businessman, Harris Ahmad, developed this sanitiser stand after his previous business was hit by the impact of COVID-19. The fear of COVID-19 infection is minimised as one does not touch the bottle with one's hands."At the time of COVID-19 pandemic, there was heavy demand for anti-COVID-19 essential products. The entire country was under lockdown. Our corporate advertisement business was affected as markets were closed," said Ahmad.Ahmed said that as demand for sanitisers increased, he and his team decided to add value to their products. The sanitis...
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‘Flipkart opens avenues for Nepali sellers as well as consumers’
12Sep By Joe RodriguezNo Comments
Asia, Market, USA

‘Flipkart opens avenues for Nepali sellers as well as consumers’

Founder and CEO of Sastodeal, a leading e-commerce company in Nepal, feels that the partnership of her company with e-commerce giants Flipkart and Myntra of India has further strengthened friendship between the two nations.After signing the deal, Amun Thapa said the opportunity would be beneficial for consumers in both India and Nepal."Sastodeal's strategic partnership with Flipkart is a big step towards strengthening the Nepal-India relationship. We hope millions of Nepalese consumers and millions of Indian vendors benefit from this partnership," Thapa said.Under the partnership, cross-border e-trade opportunities for local Indian MSMEs will open up and Sastodeal will host over 5,000 product verticals from Flipkart marketplace sellers operating across the categories of babycare and kids, ...
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It’s time for western universities to cut their ties to China
11Sep By Brian ThompsonNo Comments
China, Market, USA

It’s time for western universities to cut their ties to China

Western universities now need to close their Confucius Institutes and end their academic cooperation with China. Following the 1989 Tiananmen Square massacre, one of the ways China sought to rebuild its image abroad was by systematically forging partnerships with Western universities. At first, these partnerships mainly focused on research collaboration. Later, they grew to include the Confucius Institutes for language education and the establishment of Western universities’ branch campuses in China.At a time when China was undemocratic but liberalizing, such engagement seemed like a sensible strategy. There have always been uneasy moments in Western universities’ relationships with China, whether prompted by tensions over hosting the Dalai Lama or controversies over university self-censor...
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The rise of new India as PM Modi fulfils his promises
9Sep By Brian ThompsonNo Comments
Market

The rise of new India as PM Modi fulfils his promises

Indian Prime Minister Narendra Modi’s speech on the country’s 74th Independence Day came with the credibility of six previous speeches in which all promises made by him have been kept. For example, in 2014, PM Modi promised a bank account for every Indian. Then, from 58% Indians in 2014, almost 400 million new accounts have opened now.A billion plus scale financial inclusion has since been used along with Aadhaar (biometric countrywide data base) to affect the largest and most successful Direct Benefits Transfer (DBT) policy in the world.Now, during the recent coronavirus induced lockdown, while many developed countries struggled to give out some cash in the hands of the poor, India did it instantly within days of the lockdown utilizing the DBT regime.In the 2015 speech, Modi made the prom...
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