Vietnam Rising Economy of Southeast Asia Vietnam once considered as an isolated country is now a middle-income country with a dynamic, enterprising and young population and an increasingly important U.S. partner. In the year 2023 the President of USA and the then General Secretary Nguyễn Phú Trọng agreed to elevate the U.S.-Vietnam relationship to a
By Nadir Mumtaz Coastal Province of Balochistan & Reko Diq Copper Gold Project The province of Balochistan covers almost 44% of the country in term of area yet the population is only 5% of Pakistan’s population. Its potential natural resources are still geologically undiscovered. Alarmingly net foreign direct investment in Pakistan dipped by 2.9%
Random Musings on Economy Part - I Curse of Banking Spread In the year 2008 the banking spread or rate difference between what banks pay as interests to depositors and what they charge on loans to business was 7.05 % which was the highest in the world . The banking spread in the US at
Inland Waterways Role in Reducing Carbon Print , Environmental Degradation , Coastal Flooding, Marine Conservation ,Offsetting the Impact of Climate Change with Key Factor Being Logistic Costs Overview of Inland Waterways In Europe the inland waterways transport (IWT) infrastructure network is 23,506 km long. Water levels in Western Europe and Germany’s river Rhine , an integral
Chinese Debt Trap and Port of Mombasa China is engaged in territorial disputes with several countries including Japan, Taiwan, Vietnam, South Korea, Malaysia, Indonesia, Philippines and Brunei and is paranoid about its maritime routes being strangled at certain chokepoints. The Standard Gauge Railway (SGR) project commenced operations in the year 2017 linking Mombasa ,the key
Variable Wind patterns complicating Navigation The blockage of the Suez Canal highlighted the vulnerability of global shipping and freight logistics to climatic changes. Extreme heat dries soil ,vegetation becomes scarce ,winds mobilize sand grains and ensuing sandstorms display strong and variable wind patterns complicating navigation in the passage of the Suez Canal .In the last
Integration of Artificial Intelligence The rapid advent of Artificial Intelligence (AI) , its integration and grudging acceptance in the Maritime Industry will have a wide impact. The maritime sector has traditionally been labour intensive. In the face of unionized labour seaports across the globe are finding it challenging to introduce AI despite the viability of
From Concept to Operations The Central Asia Regional Economic Cooperation (CAREC) Program is a partnership of 11 countries and development partners working together to promote development through cooperation leading to accelerated economic growth and poverty reduction. It is guided by the overarching vision of “Good Neighbors, Good Partners, and Good Prospects.” Geopolitical conflicts exacerbated disruptions
Kazakhstan China Extend Collaboration in Logistics Increasing collaboration between Kazakhstan and China is significantly reducing transportation time for goods from China via Kazakhstan rather then using the Black Sea route. Transiting across Kazakhstan will take around 6 days whereas goods enroute to the Black Sea from China will take 14 days. Kazakhstan’s rigorous efforts to
Post Floods & Inland Waterway Development Flood waters have not completely receded in the province of Sindh and flood rehabilitation efforts need to be intensified in terms of flood management, building protective dykes, rebuilding infrastructure, excavation and dredging of canals and initiating Inland Waterways for Cruise and Freight with logistic nodes along the length of
