fiscal year

Coca-Cola re-enters Myanmar after six decades


September 13th, 2012 - 8:59 pm ICT by IANS
Yangon, Sep 13 (IANS) Soft drink giant Coca-Cola has re-entered the Myanmar market after a gap of more than 60 years, following the lifting of US economic sanctions on the ... Read more...

Posted in South Asia |

HP plans to cut 2,000 more jobs


September 11th, 2012 - 6:03 pm ICT by IANS
San Francisco, Sep 11 (IANS) Hewlett-Packard (HP) plans to cut 2,000 more jobs, expanding total job cuts to nearly 29,000 in its latest reorganization efforts, the company said in a ... Read more...

Posted in Sci-Tech |

US to unlock unspent infrastructure funds


August 18th, 2012 - 2:34 pm ICT by IANS
Washington, Aug 18 (IANS) The Obama administration moved Friday to boost construction jobs by making more than $470 million in unspent infrastructure funds available to state governments.The move to ... Read more...

Posted in Business |

Nepal’s gold imports increase


August 14th, 2012 - 1:59 pm ICT by IANS
Kathmandu, Aug 14 (IANS) Nepal's gold imports increased by a whopping 114 percent to 5,900 kg during fiscal year 2011-12, compared to import figures of the previous fiscal.Value of imports ... Read more...

Posted in South Asia |

Myanmar foreign trade hits $5 bn


August 9th, 2012 - 8:14 pm ICT by IANS
Yangon, Aug 9 (IANS) Myanmar's foreign trade hit $5.35 billion in the first four months (April-July) of the 2012-13 fiscal year.Of the total, export amounted to $2.61 billion, while import ... Read more...

Posted in South Asia |

Honda Motor quarterly net profit surges


July 31st, 2012 - 4:17 pm ICT by IANS
Tokyo, July 31 (IANS) Automaker Honda's profit in the second quarter this year surged to 131.72 billion yen ($1.7 billion) on brisk car sales in major global markets.For the April-June ... Read more...

Posted in Business |

US keen to boost defence trade with India


July 28th, 2012 - 11:12 am ICT by IANS
Washington, July 28 (IANS) In a bid to boost defence sales to India, the US is touting the "technical and political advantages" of its Foreign Military Sales (FMS) programme of ... Read more...

Posted in World |

Myanmar to host livestock technology fair


July 27th, 2012 - 7:22 pm ICT by IANS
Yangon, July 27 (IANS) An international fishery and livestock technology trade fair will be held in Myanmar, the government said Friday.The fair, to be held Dec 7-8, will feature some ... Read more...

Posted in Business |

Myanmar’s foreign trade hits nearly $5 bn


July 24th, 2012 - 2:22 pm ICT by IANS
Yangon, July 24 (IANS) Myanmar's foreign trade hit nearly $5 billion in the first three months (April-June) of the fiscal year 2012-13, a media report said Tuesday. Of the foreign ... Read more...

Posted in South Asia |

Rs.7,300 crore plan for Kashmir for 2012-13


July 13th, 2012 - 10:05 pm ICT by IANS
Jammu, July 13 (IANS) The Planning Commission Friday approved a record Rs.7,300 crore annual plan for Jammu and Kashmir for 2012-13."This is the highest ever plan allocation for any ... Read more...

Posted in National |

Myanmar border trade touches $838 mn


July 9th, 2012 - 7:51 pm ICT by IANS
Yangon, July 9 (IANS) Myanmar's border trade hit $838.11 million in the first three months (April-June) of the 2012-13 fiscal year, Xinhua reported Monday.Of the total, export amounted to $553.015 ... Read more...

Posted in South Asia |

Bangladesh’s current account surplus rises


July 9th, 2012 - 1:56 pm ICT by IANS
Dhaka, July 9 (IANS) Bangladesh's current account balance recorded a surplus of $754 million in July-May period of the 2011-12 fiscal ended last month, a central bank official said.Quoting Bangladesh ... Read more...

Posted in Business |

Female condom fails to gain popularity


July 3rd, 2012 - 4:33 pm ICT by IANS
Thiruvananthapuram, July 3 (IANS) The female condom manufactured by HLL Lifecare Limited (HLL) appears to have not gained wide acceptability in the country, sales figures show. Only 38,000 pieces were ... Read more...

Posted in Health |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

World Bank allocates $52.6 bn of assistance in 2012


June 30th, 2012 - 4:14 pm ICT by IANS
Jakarta, June 30 (IANS) The World bank (WB) has allocated $52.6 billion of assistance fund for developing countries in the fiscal year of 2012, a statement released by it said ... Read more...

Posted in Business |

Bangladesh foodgrain imports fall


June 24th, 2012 - 7:24 pm ICT by IANS
Dhaka, June 24 (IANS) Bangladesh's foodgrain imports fell sharply by more than 50 percent year-on-year, an official said Sunday.Rice imports plunged by 56.32 percent year-on-year to $283.8 million during the ... Read more...

Posted in Business |

Foreign holdings of US debt hit record high


June 15th, 2012 - 10:09 pm ICT by IANS
Washington, June 15 (IANS) Total foreign holdings of US Treasury securities rose to a new high in April, indicating strong international demand for US government debt, the US Treasury Department ... Read more...

Posted in Business |

Dell planning to slash more than $2 billion in costs


June 14th, 2012 - 6:34 pm ICT by Aishwarya Bhatt
Texas, June 14 (THAINDIAN NEWS) The company Dell Inc has announced its plans to cut more than $2 billion costs over the next three years, mainly from the supply chain and sales ... Read more...

Posted in Technology Industry News |

Myanmar, Singapore eye trade ties


June 9th, 2012 - 10:12 pm ICT by IANS
Yangon, June 9 (IANS) Myanmar and Singapore will hold trade talks here next Thursday.A 118-member delegation from Singapore, representing 76 companies, will visit Myanmar June 10-15, the Myanmar Federation of ... Read more...

Posted in Business |

Zardari, Gilani to get lifelong security


June 2nd, 2012 - 4:12 pm ICT by IANS
Islamabad, June 2 (IANS) Pakistan President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani will be provided security cover throughout their lifetime. A provision in this regard has ... Read more...

Posted in South Asia |

Pakistan hikes defence budget by 10 percent


June 2nd, 2012 - 3:10 am ICT by IANS
Islamabad, June 2 (IANS) Pakistan has increased its defence budget by nearly 10 percent to 545 billion rupees ($5.8 billion) for the 2012-13 fiscal year.The government had earmarked 495 billion ... Read more...

Posted in South Asia |

Japan’s April trade deficit expands


May 23rd, 2012 - 1:21 pm ICT by IANS
Tokyo, May 23 (IANS) Japan's trade deficit in April hit 520 billion yen (about $6.5 billion) amid expanding demand for oil and gas imports, a government report said Wednesday.The value ... Read more...

Posted in Business |

Pakistan revenue collection up 25 percent


May 20th, 2012 - 7:04 am ICT by IANS
Islamabad, May 20 (IANS) Revenue collection in Pakistan has registered a 25 percent growth during the first 10 months of 2011-12 fiscal year as compared to last year, Finance Minister ... Read more...

Posted in Business |

Dhaka approves $7 bn for development projects


May 20th, 2012 - 3:44 am ICT by IANS
Dhaka, May 20 (IANS) The Bangladesh government Saturday approved 550 billion taka ($7 billion) for undertaking developmental projects during the fiscal year 2012-13.The decision was taken at a meeting ... Read more...

Posted in Business |

Suzuki looking at India as a two-wheeler export hub


May 15th, 2012 - 6:30 pm ICT by IANS
Kolkata, May 15 (IANS) Japanese two-wheeler major Suzuki Motor Corporation Tuesday said it is looking at the possibility of making India an export hub."We have recently started exports (of two-wheelers) ... Read more...

Posted in Business |

UCO Bank net up by 12 percent in Q4


May 5th, 2012 - 9:01 pm ICT by IANS
Kolkata, May 5 (IANS) Public sector UCO Bank Saturday said it has registered a 12 percent growth in its net profit to Rs 2.53 billion during the quarter ended March ... Read more...

Posted in Uncategorized |

Myanmar gas export revenue up


April 26th, 2012 - 12:52 pm ICT by IANS
Yangon, April 26 (IANS) Revenue from Myanmar's natural gas exports rose by $640 million to $3.5 billion in the fiscal year 2011-12.Natural gas from Yetagun and Yadana gas blocks mainly ... Read more...

Posted in South Asia |

Now a Ratna award for Bengal bureaucrats


April 21st, 2012 - 8:23 pm ICT by IANS
Kolkata, April 21 (IANS) After instituting Krishi Ratna award for best farmer in a block, the Mamata Banerjee-led West Bengal government Saturday declared an award for bureaucrats putting up ... Read more...

Posted in Uncategorized |

Japan records biggest fiscal year trade deficit (Lead)


April 19th, 2012 - 3:01 pm ICT by IANS
oTokyo, April 19 (IANS) Japan's trade deficit in the past fiscal year ending in March stood at 4.41 trillion yen (about 54 billion), marking the worst ever reading for the ... Read more...

Posted in Uncategorized |

Sony to axe 10,000 jobs worldwide


April 9th, 2012 - 6:30 pm ICT by IANS
London, April 9 (IANS) Japanese technology giant Sony is axing 10,000 jobs or around six percent of its global workforce, a media report said Monday.According to the Daily Mail, the ... Read more...

Posted in World |

Bangladesh encourages inward remittances with new banks


April 4th, 2012 - 8:56 pm ICT by IANS
Dhaka, April 4 (IANS) Bangladesh's central bank has approved a proposal to set up three new commercial banks to boost inward remittances from its citizens living and working abroad.The board ... Read more...

Posted in Business |

Starbucks eyes China market


April 3rd, 2012 - 5:03 pm ICT by IANS
Beijing, April 3 (IANS) Starbucks Corp expects China to become its second-biggest retail market measured by the number of its stores by 2014, following just behind the US.John Culver, president ... Read more...

Posted in World |

Kerala won’t raise retirement age: Chandy


March 22nd, 2012 - 7:49 pm ICT by IANS
Thiruvananthapuram, March 22 (IANS) Kerala Chief Minister Oommen Chandy Thursday said the government had no plans to raise the retirement age of government employees.He said in the previous Left Democratic ... Read more...

Posted in Politics |

US reports $232 bn budget deficit


March 13th, 2012 - 4:49 am ICT by IANS
Washington, March 13 (IANS) The US Treasury Department announced Monday that the federal government registered a $231.7-billion budget deficit in February.This marked the biggest monthly budget imbalance in history, and ... Read more...

Posted in Business |

Apple plans new-generation iPad event


February 29th, 2012 - 1:27 pm ICT by IANS
San Francisco, Feb 29 (IANS) Apple Tuesday announced an event March 7 that may see the introduction of the company's next generation of iPad tablet computer.The event will take place ... Read more...

Posted in World |

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