The world's largest industrial fair opened here on Sunday evening, showcasing latest industrial technologies, materials and product ideas.
The Hanover Fair was jointly declared opened on Sunday evening by German President Horst Koe…
Ghana is joining the world to celebrate the 90th anniversary, this year, of the International Labour Organisation (ILO), beginning with a series of activities from Tuesday.
The anniversary is being observed in Ghana by the ILO's proje…
Indonesian telecommunication company, PT Telekomunikasi Indonesia (Telkom), dominates the international call market in the country, a Telkom official said here Monday.
Telkom's Marketing Communication and Public Affairs VP Eddy Kur…
Indonesian capital market retains its position as the third most optimistic market in Asia Pacific region in the first quarter this year, but investors still take cautious stance to invest in the country, a survey revealed here.
T…
South Korea is expected to show the fastest recovery pace among the world's major economies as output and foreign liquidity expand, a report showed Monday.
According to the report by the Organization for Economic Cooperation and De…
The International Monetary Fund ( IMF) is expected to sharply cut its 2010 growth outlook for South Korea to 1.5 percent amid a protracted global recession, local media said Monday.
According to local daily Munwha Ilbo, the growth…
Oil giant Exxon Mobil Corp. has regained the top of the Fortune 500 list of the biggest U.S. publicly traded companies, despite the sharp fall in oil prices.
The list, which was released Sunday, pegs Exxon Mobil's 2008 revenue at a…
JP Morgan Chase & Co., one of the biggest U.S. banking groups, has survived the current financial crisis largely unscathed as the company announced better-than-expected first quarter results.
In a recent interview with Xinhua, Fan…
South Korean listed firms' debts soared 39 percent in 2008 from a year earlier amid cash squeeze triggered by an economic slump, the Korea Exchange (KRX) said Monday.
The total debts of 552 listed firms amounted to 118.36 trillion …
Expansion of Cambodia's rubber cultivation will lose momentum by an estimated 61 percent in 2009 year-on-year, said government figures released here on Monday.
An additional 10,000 hectares of rubber trees would be planted in 2009 …
Tokyo stocks rose slightly Monday on bargain hunting.
The 225-issue Nikkei Stock Average rose 17.17 points, or 0.19 percent, from Friday to 8,924.75.
The broader Topic index of all First Section issues on the Tokyo Stock Ex…
The U.S. dollar traded at the lower 99 yen level early Monday in Tokyo, higher than its levels in New York late last Friday.
At 9 a.m., the dollar changed hands at 99.32-37 yen against 99. 08-18 yen in New York and 99.39-41 yen in …
The Ugandan government has suspended seminars by the non-governmental organizations (NGOs) in Karamoja to allow local leaders to concentrate on food production.
"We have suspended all seminars in Karamoja till July to allow leaders…
The Asian Development Bank (ADB) will make a 72 million U.S. dollar loan to central Thanh Hoa province of Vietnam to help develop and upgrade key urban infrastructure and services, the Vietnam News reported Monday.
The loan will be…
The global economic meltdown has an adverse impact on major labor destinations of Nepali workers, but the Nepali foreign employment sector has seen only nominal effects so far, official statistics indicates.
The data compiled recen…
The Thai government plans to seek loans worth of 15 billion baht (422.89 million U.S. dollars) from foreign financial institution to boost the country's tourism industry, which has been hard hit by the recent political crisis, Kobsak Sabha…
Dr Kwabena Duffour, Minister of Finance and Economic Planning, has appealed to mining companies to support the economy by increasing the percentage of foreign exchange earnings retained in the country in the light of the global financial c…
A Development Planner has cautioned African governments against the exploitation of the current financial crisis in the Western countries as excuses for inactions and development failures.
Mr Nyaaba-Aweeba Azongo, Consultant to the Natio…
The management of Honda Place Ghana Limited, a subsidiary of Stallion Motors Ghana Limited has introduced Honda City 2009 model saloon car onto the Ghanaian market.
The car introduced in some parts of the world, has an extra active a…
Some foreign investors operating in the Tema industrial area have pleaded with regulatory enforcement bodies to consider fining defaulting companies instead of closing them down.
They said closing down of firms does not only affec…
Vodafone was officially launched in Ghana on Wednesday night with a pledge that it would provide customers with the highest quality and most reliable mobile network.
After buying a 70 per cent shareholding in the Ghana Telecommunicat…
Mr Edward Dua-Agyeman, Auditor-General, on Thursday noted that effective auditing at the Metropolitan, Municipal and District Assemblies (MMDCEs) was crucial in ensuring the success of the decentralization process.
"It is therefore n…
Shareholders of HFC Bank on Thursday approved a resolution authorizing the Board of Directors to raise 30 million dollars in ordinary shares from strategic investors, including the 10 largest shareholders, to enable the bank to meet the ne…
The Ghana, will in March next year conduct
a population and housing census to determine her population to inform development decision making.
The exercise, estimated to cost about 48.9 million dollars, would provide demographic and…
Ghana's statistical system, generally considered
as one of the weakest link in the country's socio-economic drive, is to be revamped to make for a more efficient development planning, Vice President John Dramani Mahama announced in Accra…
One of the most laudable benefits showing from the recent redenomination of the Cedi has been the drastic cut in the sheer volumes of physical cash which Ghanaians were obliged to tug about for payment for goods and services in their day-t…
Mr Francis Nana Baffoe Appiah of the research unit of Liberty Capital Ghana Ltd, an investment advisory company at Tema, has advised young Ghanaian investors to see companies' prospectus as major sources of information for their investment…
The Accra bourse on Tuesday fell in a dull market that saw a mere 2,500 shares exchange hands.
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange (GSE), went down by 5.38 points to end the sessi…
Mr Zakaria Alhassan Gundaa, Northern Regional Chairman of the People's National Convention (PNC) has offered free ploughing services to some 550 farmers in eight districts of the region through his personal resources.
In addition to…
The Savanna Cement Company Limited (SAVACEM) would produce an initial 1000 tons or 20,000 bags of cement per day when it starts production by the middle of the year.
According to a geological survey, the potential resource of cement …
The Savanna Cement Company Limited (SAVACEM) would produce an initial 1000 tons or 20,000 bags of cement per day when it starts production by the middle of the year.
According to a geological survey, the potential resource of cement …
A group of Chinese tourists on Thursday announced a travelling expedition from Ghana across the Sahara desert to help them learn more about Africa and also promote Ghana and the continent as a good tourist destination for other Chinese.
…
Ghana Telecom (GT-Vodafone) on Thursday agreed with the National Communications Authority (NCA) that mobile number portability (MNP) was cumbersome and costly, saying the experience of other jurisdictions indicated that MNP usually led to …
In continuation of efforts to devise ways of mitigating the prevailing financial crisis, the Economic and Development
Research Department of the African Development Bank (AfDB) Group would host a workshop on Friday in Tunis, Tunisia, to e…
The annual inflation rate continues its upward swing, reaching 20.53 percent in March, up from 20.34 percent a month earlier, the Ghana Statistical Service said on Thursday.
Briefing the press on the latest figures, Dr Grace Bediako,…
Thai military chief on Tuesday expressed optimism that the scheduled anti-government mass rally on Wednesday would not turn into violence.
"I expect the red-shirt people (anti-government protesters) to abide by the law and their prot…
A group of people in Myanmar on Tuesday appealed to the United States and the European Union to lift their sanctions imposed on Myanmar.
The group, in the name of "Lifting Sanctions, Internal and External Forces, 2009 Campaign", told…
Nii Amarh Ashittey, Greater Accra Regional Minister on Tuesday charged the Shippers Council and other stakeholders in the maritime industry to reposition themselves to maximize benefits in that sector.
"The future of the industry is …
Mr Mike Hammah, Minister of Transport, on Tuesday urged the media to take up the fight against the unacceptable state of affairs on the roads to ensure that the travelling public enjoyed safe and secured road transport services.
He al…
The Teshie/Nungua Agency of La Community Bank was opened on Tuesday with a call on management to adopt innovative measures to step up deposit mobilization and mop up money outside
the banking sector.
Mr Eric Osei-Bonsu, Managing Dire…
The main indices of the Accra Bourse marked time in trading on Tuesday as traders turned their back to the bourse with bearish sentiments dominating.
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Ex…
The World Bank has said it is prepared to approve an additional US$360 million over the next three years for a total of US$500 million in support of Africa's North-South Corridor (NSC) programme, a release from the Bank's Office in Accra s…
The Supreme Court on Tuesday adjourned to April 28, the hearing of an application brought by Professor E.V.O. Dankwa, Counsel for Mr Tsatsu Tsikata, that the Court set aside an order it made on February 25, 2009 for the parties to the revi…
The 2009 West African Senior Secondary School Certificate Examination (WASSSCE) took off smoothly for final year students of Senior High Schools in the Tema metropolis on Tuesday.
The students sat for English paper three (Oral Englis…
The Amansie West District branch of the Ghana National Association of Teachers (GNAT) has urged the Ghana Education Service (GES) to totally absorb the cost of tuition, learning materials, and examination fees of teachers pursuing the Dist…
The Swiss Government on Monday signed an agreement with the Ministry of Finance for the release of nine million Swiss Francs (about 7.95 million dollars) in a form of a Multi-donor budget support to help Ghana reduce poverty and enhance ec…
World Bank Vice President for Africa Obiageli Ezekwesili has challenged countries in Africa to use the global economic downturn as an opportunity to rapidly transform their economies through diversifying sources of growth, reforming polici…
A successful operation of any airline requires a strong sense of accountability and great expertise, an airline manager said in Accra on Sunday.
Mr Benjamin Asare Buotu, Director of Afrijet Airline, said anything short of these vital…
The Upper East Regional Coordinating Council (RCC) has pledged its support for the Guinea Fowl Farmers Association (GUIFFA) in the region to undertake guinea fowl rearing as one of the means to reduce poverty.
Mr. Mark Woyongo, Upper…
Leaders of four African countries and representatives of European Commission (EC), World Trade Organizations (WTO), the World Bank (WB), African Union Commission, African Development Bank (AfDB) on Monday gathered in Lusaka to discuss join…