Stories about Economics & Business from August, 2006
Bermuda: GPS ruling
Sean reports that taxi drivers in Bermuda are up in arms over a new ruling requiring them to install GPS units in their vehicles.
Brunei: History of Oil Exploration
The blogger at The Daily Brunei Resources discusses a book on oil exploration in Brunei. Oil and natural gas production contribute to almost half of Brunei's GDP.
Iran: Carpet exportation declines
Faryadnameh says Iranian carpet exportation needs a scientific marketing to adapt itself to a changing market. The blogger also refers to Mehrnews agency report that Iranian carpet exportation declined 8% this year compared to previous year. The blogger adds our targeted market is Europe and a few countries such as...
Russia: Real Estate and Chinese Investors
Russia Blog writes about Moscow real estate and the Chinese investors’ plans for Moscow and St. Petersburg.
Romania: Parking in Bucharest
Owlspotting writes about the dangerous business of parking your car in downtown Bucharest.
Bolivia: Bloomberg and Bolivian Gas
Jim Shultz admits that every journalist and blogger makes a mistake from time to time, but the reporting by Bloomberg News, according to Shultz, creates “a false public image that the Bolivian government has “seized the assets” of foreign energy companies through its May 1 ‘nationalization’ decree.” The post has...
China: GDP calculation
Rosu in Bullog points out that the calculation of GDP by the National Statistic Bureau is very arbitrary. According to the reports from 31 provinces, the growth of GDP in the first half year should be 12%. However, the figure given out by the Bureau is 10.9%. The difference is...
Panama: Donald Trump's Panama
The Panama Real Estate blog has an interesting article about how Donald Trump has fallen so much in love with Panama that he is building a $220 Million, 65 story (2.4 Million square foot) hotel/condo monoliths called the Trump Ocean Club International Hotel & Tower in a posh Panama City...
Iran: Steel Market
Pouyan writes about steel market in Iran. The blogger says last week the new government ended the free market in steel which was established a few years back. The free metal market had ended the rent of steel merchants in Bazar but finally they got the rent back through the...
Taiwan: Yahoo! auction
Recently Taiwan Yahoo! auction announced that all users will be charged 3% of transaction fees on most of the items. Eroach comments on whether such policy has violated the monopoly law in Taiwan(zh).
Mongolia: Banks
Alexa reports that Mongolia has plenty of banks, but few that are easy to do business with.
Russia: “The Presidential Panic”
Ruminations on Russia writes about post-Putin “transition risk” and explains what's in store for those willing to make business in Russia.
Russia: Y2K Panic
Copydude writes about the groundless Y2K panic in the West: “It was one of many such reports which prompted Washington to evacuate all inessential staff from its embassies in Moldova, Ukraine, Belarus and Russia. Meanwhile, the British Foreign and Commonwealth Office declared two thirds of Russia’s airports unsafe and counselled...
Belize: Hopkins Village
Lee considers the future of a Garifuna village in Belize, which “is disappearing little bit by little bit. Not to beach erosion but to an influx of million dollar concrete beachfront homes and resorts,” and links to an article with quotations from both residents of the area and visitors.
Estonia: Comparison With Finland
Bonjour l'Estonie compares Finland to Estonia: “Many Finns expected Estonia to build a Social-Democratic style welfare state, and were surprised and to some degree miffed that Estonia, which they wanted to regard as a little brother, chose to model itself after America rather than after Finland.”
Barbados: Ethanol skepticism
Barbardos Free Press is highly skeptical of the government's plans to “restructure the sugar industry with emphasis on the use of ethanol for fuel.”
Dr Ngozi Okonjo-Nweala's exit from the Nigerian govt. Bloggers share their thoughts.
Dr Ngozi Okonjo-Nweala's exit from the Nigerian government. Bloggers share their thoughts.
Hong Kong: taxation
Simon blogs about the government proposal of goods and services tax (GST): “endless TV ads extolling the virtues of the GST, dressed up as a public service announcement…how much taxpayer money has been and will be spent on this fruitless exercise?”
Nepal: Business ideas for the Diaspora
Paramendra Bhagat has some business ideas that the Nepali diaspora in New York City could work on.
Japan: western business practice
JP in Japundit hightlights a report claiming that a majority of Japanese workers are suffering from “high anxiety” and “mental illness” resulted from western business practice.
China: Used book online
Scott Relyea in Frog in a well introduces the world's biggest online Chinese used book website: Kongfz.com.
