India ranked eighth in Asia in attracting FDI from MNCs
Among the Asian regions, Tamil Nadu came runner up to Sydney in FDI competition. Tamil Nadu had edged ahead of New South Wales to claim the title ‘Asian region of the future 2005-06′ and taken up first place in the all important category of best FDI potential, the magazine said.
India ranked eighth among the top ten Asian destinations favoured by transcorporationals, with the list headed by Hong Kong.
Hong Kong stood most favoured with 67 per cent, with India managing to be popular among 38 per cent of the top ten transnationals as on 2003. Thailand (36 per cent) and United Arab Emirates (31 per cent) were at the bottom, according to a research by UNCTAD pubished in the latest issue of Foreign Direct Investment.
More: deccanherald.com
Related Travel Information
HCM City ranked third inexpensive city in Asia
HCM City was recently ranked the third cheapest Asian city for ex pats to live in, according to a survey recently conducted by ECA International, a human resource organisation.
HCM City ranked third behind Dhaka, in Bangladesh, and Manila, in the Phillippines, while Ha Noi ranked as the 8th cheapest city for ex pats living in Asia.
The survey covered 39 Asian cities and more than 250 locations around the world.
The survey based the cost of living on 125 goods and service including groceries, alcohol and tobacco, clothing, electrical goods, cars and restaurant meals.
More: vietnamnews.vnagency.com.vn
‘Indian auto market will be No 1 in Asia’
German auto major Audi announced the launch of its luxury sedan A4 and sports utility vehicle Q7 at the eighth Auto Expo 2006 at Pragati Maidan in New Delhi on Thursday. In an interview to Sify.com, Audi’s overseas sales director Andre Konsbruck said that the Audi A4 would hit the Indian roads in March and Q7 in October. He said the automotive market in India was all set to become number one in Asia.
Could you tell us about the two new models?
Both the cars are with two engines, and they have
First step into Asia
AUSTRALIA today makes its first significant step into the Asian Football Confederation when the Socceroos go into the draw for the 2007 Asian Cup qualifiers.
In Kuala Lumpur the Socceroos will go into the lowest-ranked pot of four, from which six four-team groups will be selected.
It is a moment locally based Australian players will be keeping a very close eye on.
The reality of the move into Asia is that for at least the three home fixtures, players from the A-League are going to play some part in national team squads.
Australia's first away match on February
SE Asia a key growth region for many S'pore firms: industry watchers
Singapore-based Petra Foods is no stranger to competing in the overseas markets, especially in Southeast Asia.
The cocoa ingredients maker says that despite the close proximity to Singapore, local firms intending to invest in the region must spend time studying the markets before making their first foray.
Petra Foods, ranked 32 in the Singapore International 100 Ranking, is a market leader in branded confectionery goods in Indonesia. And it owns manufacturing facilities in Malaysia and Thailand as well as in South America.
Recently, it struck a deal with
Middle East strife puts Rice NE Asia tour in limbo
U.S. Secretary of State Condoleezza Rices planned tour of northeast Asia to discuss North Koreas nuclear ambitions and missiles appears to have been derailed by surging violence in the Middle East.
The State Department announced last week that Rice would visit Japan, China, and South Korea -- key diplomatic players on North Korea -- as well as Vietnam and Malaysia, the host this year of the annual ASEAN Regional Forum.
As Israel battled Hizbollah in Lebanon for an eighth day, Rice said she would travel to the Middle East but did
