2010 September

Thai Government Capps Budget Deficit to 4% of GDP

The Thailand government has announced it will cap its budget deficit to 4% of GDP in fiscal 2010 in an effort to stabilize the Thai economy according to The Nation. The Thai economic move is a reaction to a sharp decline in key revenue streams such as Thai exports and tourism. The Finance Ministry expects [...]

Sep 30 2010 | Posted in Thailand Economy | Read More »

Thailand Economic Growth Forecast Dropped by Bank of Thailand

The Bank of Thailand has lowered its Thai economic growth forecast for 2009 from 0 to 2 percent GDP growth to now negative 1.5 to negative 3.5 percent GDP growth according to Xinhua. In addition the Bank of Thailand lowered its Thai economic growth forecast for 2010 from it initial 2 to 4 percent GDP [...]

Sep 29 2010 | Posted in Thailand Economy | Read More »

Protest Over Thailand Economy

The threat of protest by truck drivers and fisherman over soaring prices are beginning to challenge the Thailand government according to AP. The biggest threat to the Thai government over the deadline to subsidize fuel prices by next Tuesday or else at least 100,000 trucks may drive into Bangkok and cause havoc in the cities [...]

Sep 28 2010 | Posted in Thailand Economy | Read More »

Brazil Economy Sees Consumer Spending Slow

The Brazil economy saw Brazilian consumer spending slow twice the rate of GDP between 2008 and 2009 according to Bloomberg. According to Itau analyst, it is estimated that Brazilian personal consumption may slow 7.9 percent this year to 5.2 percent in 2009. Nonetheless, despite the concern that the Brazil government’s attempt to control inflation will [...]

Sep 26 2010 | Posted in Brazil | Read More »

IBM and Infosys fight for Indian IT captive unit of Fidelity

IBM and Infy are at loggerheads for having Fidelity’s, (the world’s largest Mutual Fund Company) Indian IT captive unit. IBM has proposed to pay about $150 million for the acquisition whereas Infy is ready shell out about $180 million for the unit. However, IBM is more likely to emerge as the winner because of the [...]

Sep 26 2010 | Posted in Computer | Read More »

ArcelorMittal Eyes Thailand Investment

ArcelorMittal, the world’s number one steel company, has indicted that it is interested in a Thailand investment according to AFP. However, ArcelorMittal is not quite ready to move forward as it has concerns about the high cost of doing business in Thailand and Thailand’s productivity challenges. Interestingly, ArcelorMittal announcement about a possible investment in Thailand [...]

Sep 25 2010 | Posted in Thailand Economy | Read More »

A Conversation With Two Sudanese Women

The two women, Kamilia Ibrahim and Mona Abdellatif welcomed me to chat on a wide range of issues concerning Sudan. The objective of the discussion was to verify media speculation on the state of things in Sudan with particular focus on the war. The day of the interview March 4, 2005 could have not come [...]

Sep 24 2010 | Posted in Sudan | Read More »

Pohamba vows to emulate Nujoma

The 21st of March 2005 witnessed a rare political happening on the African continent. The smooth transition and change of Presidential power in Namibia was one of those scarce happenings on the continent, especially when compared to other African countries where such events are marred with violence, protests, demonstrations and political discontent. Pride for Southern [...]

Sep 24 2010 | Posted in Sudan | Read More »

An exclusive interview with Namibia’s musical icon: Jossy Joss

Elvis Mboya talks to the Namibian Hip Hop artist Jossy Joss Having been one of the young Namibian idols of the new hip hop music culture, Jossy Joss has not only made a name for releasing hot tracks locally, but is steadfast to bring Namibian music to greater heights of international recognition.Mboya engaged him in [...]

Sep 24 2010 | Posted in Sudan | Read More »

African Independence is actually ‘Second-Hand’

There was a time when an African needed an iron sheet roof over his head to be, a ‘true man’, which meant standing out in a crowd. That was way back into the early decades of the previous century, a period when majority of Africans owned grass thatched shelters that were the only source of [...]

Sep 24 2010 | Posted in Sudan | Read More »

Recent Entries