Word: hub
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...China's push to land R&D labs. Latin America expert Tim Padgett assesses the surprising economic strength of Argentina, Brazil and Chile. And business writer Barbara Kiviat explains the significance of the WEF's country rankings. We are also launching on TIME.com an amazing Global Business section--a hub for up-to-the-minute business news, sorted by country. It features a comparison of WEF country rankings, videos from CEOs on business practices in their region and every global-business story the magazine has run. Please visit time.com/globalbusiness...
Mauritius is the development darling of Africa. The IMF predicts its real GDP will grow 4.1% this year. Known for high-end tourism, Mauritius is making its mark as a hub of global business, with taxes at a uniform 15% for individuals and businesses, and regulations so streamlined it takes three days to set up a company and $200 a year in fees to run it. Woo's business, the Compagnie Mauricienne de Textile, founded in 1986, is part of that boom. Its Port Louis factory is so big that workers use roller skates to get around...
...need to have Indian content for our games and we are looking for local partners," Christensen said on the sidelines of a gaming conference in Mumbai, India's finance and entertainment hub...
Let’s get something clear: the dialogue during the Harvard University Band (HUB) halftime show is supposed to be a joke...at least in that dorky, “I-go-to-Harvard” kind of way. But apparently our friends at Columbia don’t find the band very funny. In fact, Columbia’s athletic department found them so unacceptable, it prohibited HUB from reading its halftime script at the game on November 3. The band planned to call Columbia out on their new, 100-million-dollar athletics campaign. The crew...
...frills carriers have also been helped by the changing attitudes of Asian governments. Instead of defending national-flag carriers, officials are clued in to the possibility that budget airlines can invigorate underused airports and attract much needed tourist dollars. Singapore is building a new terminal as a hub for budget carriers, and other countries have been wooing no-frills airlines by reducing airport fees. In Kota Kinabalu, AirAsia took over a mothballed terminal, which now buzzes with eight flights a day. Fernandes wants to turn the building into a regional hub. "The loyalty to national carriers is getting more...