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...handful of foreign investors have been willing to take their chances. Foreign direct investment increased by 35% in 2005 to $253 million, according to the ADB, putting Afghanistan on par with a country like Sri Lanka. Besides Coca-Cola, multinational firms such as DHL, Standard Chartered Bank, the Hyatt hotel group, Toyota and Alcatel have also set up Afghan operations. In hope of convincing more to take the plunge, the ministry of commerce is reassessing tax laws, and groups like Afghanistan Investment Support Agency are helping to build industrial parks to encourage manufacturing. A steady rise in consumer spending should...

Author: /time Magazine | Title: Capitalism Comes to Afghanistan | 12/4/2006 | See Source »

...story of shipping across international borders and asked how they could might contribute. "I figured there were hundreds of moms in the same position," says Youse. She established the International Breast Milk Project in May, sending about 23 gallons of tested and pasteurized frozen breast milk to Africa; DHL agreed to make the delivery free of charge. Within six months, 300 mothers from across the U.S. applied to donate their surplus milk...

Author: /time Magazine | Title: Putting Breast Milk to Good Use | 11/27/2006 | See Source »

...soldiers. In the 1990s, the government split it into three companies--Deutsche Telekom, Deutsche Post and the Postbank--and floated them on the stock market. The most successful, Deutsche Post, grew into a global logistics company. Again, the critical expansion was in the U.S., where it bought freight company DHL...

Author: /time Magazine | Title: Foreign Influences: Good Call | 10/29/2006 | See Source »

Fadi Ghandour, CEO of Aramex International, a company based in Amman that competes with the likes of Federal Express and DHL, didn't have oil money to back him. Ghandour founded the firm in 1982 after studying at George Washington University. His plan was to become the Middle East middleman for the big U.S. and European shipping firms...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...during the Lebanese civil war and using donkeys to get parcels past Israeli checkpoints in the West Bank. Ghandour got his break when FedEx and later Airborne Express made Aramex their Middle East partner. The U.S. firms gave Aramex invaluable lessons in everything from quality control to technology. When DHL acquired Airborne and dropped Aramex, Ghandour learned another lesson: the turnaround. He got busy marshaling the regional players that Airborne had left in the cold into a new alliance. A leader in the Middle East and South Asia, Ghandour is looking for acquisitions in the U.S. and China. "Things...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

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