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October 22nd, 2010

“It is certainly an Aladdin’s cave online at the moment with many bargains to be found after parity was reached on Friday evening,” Mr Driscoll said.
“It is one of those cases of taking the good with bad and realising that whilst online retail is bound to experience a boom it actually presents another hurdle for [...]

October 21st, 2010

Mrs Calmy-Rey, Head of the Federal Department of Foreign Affairs, and Mr Thinley talked for about an hour, during which the Federal Councillor congratulated the Bhutanese Prime Minister on the recent developments in the kingdom with regard to democracy, such as parliamentary elections in 2007 and 2008 and the introduction of the country’s first constitution.
Mrs [...]

October 21st, 2010

India : Despite the decline in inbound M&A deals, the outbound deals increased substantially from USD 527.81 million to USD 20769.88 million, cornering a share of 39.43 per cent of the total deals during April-September 2010. The major inbound M&A deals occurred in telecom, metal & mining and energy sectors during the period.
The study undertaken [...]

October 19th, 2010

The NSW Farmers’ Association has cautiously welcomed the announcement of an inquiry into human impact of the Murray Darling Basin Plan.
NSW Farmers’ Association Vice President Fiona Simson says the decision to set up the inquiry, recognises the process being undertaken by the Murray Darling Basin Authority (MDBA) is flawed.
“The public outcry the Authority encountered this [...]

October 19th, 2010

NSW Government policy is acting as a ‘roadblock to reform’ in the historic national OHS harmonisation process, NSW Minerals Council CEO Dr Nikki Williams said today. Dr Williams said that whilst the national reform agenda was a giant leap forward for safety and productivity, the stance taken in NSW resembled two giant steps back.
“The NSW [...]

October 16th, 2010

Australia – “The High Court has stated the existing NSW OHS legislation contained ‘obligations that were impossible to comply with and burdens which were impossible to bear’ and the NSW Government’s action is a huge threat to all the conscientious work between other governments, business groups and employers over almost three years,” Zimmerman said.
“By buckling [...]

October 16th, 2010

Australia : “The payments come directly from Centrelink for the first six months of the scheme and retailers would like to see this continue. There is no sense in retailers acting as the conduit to transfer money between Centrelink and the employee.
“For a small retailer, administering the Government’s parental leave payments is a costly, time [...]

October 15th, 2010

Australia : “This is a time for all Australians to be very proud and respect what a fellow Australian in the form of Mary MacKillop represents to our nation, which does include her story being celebrated to the world and in some instances that does essentially involve a commercial element,” Mr Driscoll said.
“What is concerning [...]

October 14th, 2010

India : In a note to the Reserve Bank of India (RBI), The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stressed the need for reducing the CRR and SLR rates to facilitate the economy to enter the double digit growth orbit.
The Chamber President, Dr. Swati Piramal said, the Indian economy requires expansion [...]

October 14th, 2010

The industrial production data for the month of August 2010 indicates that industrial production, in general, on year over year basis stood at 5.6 percent during August 2010.
Mining, manufacturing and electricity sectors respectively grew at 7.0 percent, 5.9 percent and 5.6 percent during the month. These figures pull down the cumulative growth in industrial production [...]



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