Archive for April 12th, 2008
‘IT to grow 33% despite slowdown’
via The Times of India
Despite a global slowdown, Indian IT industry will continue its upward movement. And even if growth rates do slow down a bit, the industry will still reach its target revenue of $60 billion by 2010, says Nasscom. “We expect the Indian IT-BPO revenue to grow at 33% this year. Exports have [...]
India, China join world’s top five, become donors
via Thaindian News
With India and China among the top five economies, developing countries now produce 41 percent of the world’s output, up from 36 percent in 2000, according to the World Development Indicators (WDI) 2008. Measured at gross national income, the United States is still the largest economy, producing $13.2 trillion worth of goods and [...]
Per-Capita Pharmaceutical Spending in Chile is Due to Reach US$81.4 by 2012
via BizWire
Per-capita pharmaceutical spending is due to reach US$81.4 by 2012, buoyed in part by increased government spending. The author forecasts that the total market will be worth US$1.42bn in 2012 in final consumer prices, roughly double its US dollar value in 2004.
Still, while her administration has taken steps to increase healthcare programmes, President Michelle [...]
World’s biggest copper mine to grow even more
via Reuters
Everything about Escondida is a superlative. It’s the world’s largest copper mine in the world’s largest copper producing country and it is easily visible from outer space.
“I think Escondida is a world-class ore body and probably one of the biggest ever discovered,” said Diego Hernandez, the president for base metals for majority-owner BHP Billiton, [...]
Mahindra: The tractor maker who has John Deere on the run
Mahindra assembles its Cimarron 4×4 in Uruguay. Also, potential to sell its Scorpio SUV in LatAm. Scorpio was conceptualized and built for USD 150 million. At a fraction of the cost of other SUVs.
reportonbusiness.com:
Anand Mahindra was at the World Economic Forum in Davos, Switzerland, last year when Robert Lane, chairman of U.S. farm equipment [...]
Bolivia’s stagnant natural gas sector affects Southern Cone
via MiamiHerald.com
Venezuela’s state oil company has failed to fulfill promises to make badly needed investments in Bolivia’s natural gas fields.
This has contributed to a lack of new production under Bolivian President Evo Morales, which in turn, has had huge ramifications throughout the Southern Cone. Brazil, Argentina and Chile — which all were depending on more [...]
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