The Ghana Apparel and Textile Exposition 2010 (GHATEXPO 2010) exhibition is scheduled in Accra for October 1 to October 10, on the theme: "Reviving Ghana's Textile and Apparel Industry."
Mrs Gifty Agbodo, Managing Director of Maimus…
Ms. Hanna Tetteh, Minister for Trade and Industry, has called on the global business community to explore and invest in attractive opportunities in the various sectors of Ghana's economy.
She said that government was pursuing policie…
The much-delayed first unit of Kudankulam nuclear power plant in southern India, being built with Russian collaboration, will be operational by December, setting in motion the roadmap that the two countries are working on in the field of a…
Mr Prince William Ankrah, National Secretary of the Ghana Mine Workers Union (GMWU) of the Ghana Trades Union Congress (GTUC), said the lack of adequate infrastructure and the increasing number of slums in mining communities was a sign of …
A 500 million-pound deal for BAE systems, Britain's biggest defence contractor, to supply Hawk jet trainers is expected to be among a string of high-profile contracts to be signed during Prime Minister David Cameron's two-day visit to Indi…
The government of northernmost Indian state of Jammu and Kashmir has sought an urgent clearance of a proposal to the Centre for rehabilitating nearly 20,000 former militants who have been without any income after serving their jail senten…
Gems and jewellery exports from India jumped 75 per cent to USD 3.08 billion in June on increasing demand from major markets like the US and Europe.
Exports stood at USD 1.76 billion in the same month last fiscal, according to the G…
The Indian Aviation Ministry should refrain from forcing pilots to exceed the duty limit on flying hours to avoid air accidents, industry body Assocham has said.
The chamber also said that inquiries in air accidents should be conduc…
After opening a whole new world of information to Indian kids, Discovery's Animal Planet is all set to enter the country's retail market by providing a new range of merchandise and making knowledge fun for children.
From toys to b…
Indians are the most optimistic about job prospects and personal finances globally, according to a survey by consultancy firm Nielsen.
According to the Nielsen Global Consumer Confidence report, 92 per cent of Indians were optimisti…
Over 740 small gold coins, believed to be of the 18th century, have been unearthed near Kottamalam in Sathyamangalaam forest in South Indian state Tamil Nadu, revenue officials said Sunday.
The 744 'Veerarayan' gold coins, weighing …
U.S. President Obama said Saturday there is
no guarantee his economic plan will "restore our economy to full strength overnight" but "we are moving forward."
In his weekly radio and Internet address, the president said the Wall Street
r…
The country�s mining companies had between
2005 and 2009 spent a total of US$47.7 million in support of communities in catchment areas as part of their social responsibility.
This involved building of schools, roads, provision of…
� The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, went up by 40.8 points from 6,246.91 points to 6,287.71 points during Monday�s trading on the Accra bourse.
The Change Year to Date was 12.84 points.
…
Members of Committee for Joint Action (CJA) on Thursday called on government to remain steadfast and endeavour to protect the national interest in its dealings with the managements of Kosmos Energy and ExxonMobil.
They said no compr…
The Ajumako-Enyan-Essiam Teachers Cooperative Credit Union made a net profit of GH�9,669.09 in 2009 as against GH�5,081.45 in 2008, representing about 90.2 percent increase.
The Union granted loans totaling GH�634,082.91 in 2009…
About 46 per cent of Ghanaian Business Executives expect the overall business environment to improve in the third quarter of 2010.
This is far less than 66.7 percent of executives, who did so in the second quarter, the Association of…
Mrs Juliana Azumah, Minister of Women and Children�s Affairs, on Thursday said government would collaborate with women groups to ensure their active participation in the shipping industry.
Mrs Azumah gave the assurance at Tema dur…
South Korea is pushing for measures to take
advantage of fast-growing demand from China as it is emerging as the world's largest consumption market, Seoul's top economic policymaker said Thursday.
In a meeting with officials from Kore…
A total of 1,255 farmers, in various groups, are to benefit from a credit facility of over GHc4.5 million from some financial institutions for the cultivation of maize, sorghum and soya bean.
The cultivation would be under a new app…
Indian Prime Minister's Economic Advisory Council Friday said the country's economy will grow by 8.5 per cent, up from a projected 8.2 per cent, and inflation will come down from double digits to 6.5 per cent by the end of 2010-11.
Th…
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Friday, July 23, 2010.
GHANA CEDI EQUIVALEN…
Participants, at a seminar on the Savanna Accelerated Development Authority, (SADA) have advocated the creation of a common market for farmers in Northern Ghana to ensure ready market for their produce.
They expressed concern that th…
Ghana is expected to generate revenue from energy export through an estimated 75-million-dollar power transmission project that would link her to Burkina Faso and other countries in West Africa.
The Ghana/Burkina Faso Project, which …
The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, went up 1.14 points to close Friday trading at 6,246.91 points.
The Index from Monday to Thursday declined from 6,289.24 points to 6,245.77 points. The Chang…
The American-led United Nations Command (UNC) and North Korea will hold their second round of colonel-level talks Friday over the sinking of a South Korean warship, the command said.
Representatives of the North's military and the UN…
South Korea has been designated as the
"Partner Land" country to an international industrial parts industrial forum n Germany, the government said Thursday.
The Asia-Pacific Forum Bavaria 2010 is one of the top events in the European …
A politician of the Joseon Dynasty (1392-1910), cited as one of the top collaborators to Japanese colonial government in the past century, accumulated at least 40 billion won (US$33.1
million) in the first 15 years of the Japanese rule on…
Seoul's new education chief is about to launch a task force to implement a policy banning all physical punishment of students in schools, but teachers said they may boycott to protest the
measure they claim will weaken their authority.
…
Unionists at Hyundai Motor Co., the nation's
largest automaker, tentatively agreed to a wage deal with the management, union officials said Thursday, marking the company's second year without a labor strike.
The agreement was reached …
China's top leaders have stressed the need for continued stimulative actions in the second half to help the economy stay on a positive growth track, its government said Friday.
"The government should stick to the pro-active fiscal poli…
South Korea and Turkey have made progress in
their free trade negotiations narrowing differences on service, investment and other issues, Seoul's trade ministry said Friday.
During the five-day second round of negotiations that starte…
South Korea's four major business lobby groups have asked President Lee Myung-bak to grant special amnesty to the former chairman of Daewoo Group and other prominent convicted
businesspeople, sources said Friday.
A total of 78 convict…
The world's top economies Tuesday agreed to an action plan to improve efficiency of electricity guzzlers from televisions to cars in a bid to cut energy waste at the first clean energy ministerial, including India here.
The two-day Cl…
President Barack Obama Wednesday signed financial reform legislation, making the most sweeping changes to the U.S. financial system in 70 years.
Obama said the Wall Street Reform and Consumer Protection Act will replace an "antiquated and…
Overseas orders won by South Korean builders have exceeded the US$40 billion mark for a third year mainly due to increased demand from the Middle East amid an economic rebound, the government said Wednesday.
According to data offered b…
The winning numbers for the Mid Week Lotto draw held in Accra on Wednesday were, 23-41-26-38 and 75, according to a bulletin of the National Lottery Authority.
The Ajumako-Enyan-Essiam Teachers' Cooperative Credit Union made a net profit of 9,669.09 Ghana cedis in 2009 as against 5,081.45 Ghana Cedis in 2008.
It also granted loans totalling 634,082.91 Ghana cedis in 2009 to members
as agains…
Students of the Gowrie Senior High Technical School are calling for the removal of the Headmistress, Mrs Margaret Akparibo, and threatened not to go back to school if their demand is not met.
A statement read by the President of th…
China's middle class will likely number 700 million in 2020, spurred by strong economic growth in the world's most populous country, a report said Wednesday.
The London-based Euromonitor International Ltd. said in the report that the p…
Samsung Electronics Co. paid one of its vice president-level executives 1.02 billion won (about US$836,000) in annual salary, including incentives, in 2008, according to an insurance suit document involving the executive who was killed in…
POSCO, South Korea's leading steelmaker, said Wednesday that it will expand its stainless steel production capacity in Vietnam to meet growing demand in Southeast Asian markets.
The company plans to construct a plant with a capacity of…
Credit card spending by South Koreans is expected to grow 8.6 percent this year as the economic recovery boosts households' income levels, a report showed Wednesday.
Spending via credit cards is forecast to reach 512.9 trillion won (US…
Snapping out of a five-day long losing streak, gold prices in here on Wednesday recovered by Rs 125 to Rs 18,600 per ten gram on the back of a firming trend in the global markets.
Silver also gained Rs 80 to Rs 28,980 per kg on inc…
Bogged down with heavy trade deficit, India's new experiment-- mixing Bollywood with business-- is turning out to be a success in wooing huge Chinese crowd for its trade seminars which hopefully would give a big push to Indian exports to C…
Samsung Electronics Co., the world's top computer memory chip maker, said Wednesday it has started mass-producing cutting-edge dynamic random access memory (DRAM) chips, which could help distance itself from second-tier rivals and cut pro…
The government will investigate large conglomerates' unfair practices in dealing with their smaller firms in an effort to establish "sound and fair" business relationships, officials said Wednesday.
Seoul will launch a team led by ranki…
Senior diplomats from South Korea, the United States and Japan have agreed that North Korea should first show a clear commitment to give up its atomic weapons programs before the resumption f six-party nuclear talks, an official said Wedn…
Management of Ghana Cocoa Board (COCOBOD) on Wednesday informed all stakeholders in the cocoa industry, particularly cocoa farmers that the Board had released GH�25,500,108.71 to Licensed Buying Companies (LBCs) for payment of the second…