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  • Former Brazil slave village leaps into digital age, by Terry Wade

    Nestled in a narrow tropical valley 180 miles southwest of South America’s largest city of Sao Paulo, the village lacks phone lines and other basic services. Some of its 300 residents still live in homes made of sticks and mud. But a government experiment is sweeping Ivaporunduva into the digital age. As part of a larger plan to fight rural poverty, the government has installed a satellite-based Internet connection that is ending years of isolation for the village. Residents can m...

  • John Templeton Foundation Awards $1.5 Million In Support of Enterprise Solutions to Poverty

    John Templeton Foundation has awarded prizes of $1.5 million to three prominent think tanks in support of initiatives that explore what works in enterprise-based solutions to poverty. Winners of the Templeton Foundation What Works in Enterprise-Based Solutions to Poverty awards are: Fraser Institute, Vancouver BC, Canada, for a new initiative to measure economic freedom and how free enterprise throughout the Arab world is lifting individuals and families out of poverty in ...

    Business Wire
  • Adapting to a changing international scenario is what it takes to be successful.

    India is seeing a huge change in the pace of progress. With China’s economy galloping along at such a fast pace, India has to do everything in its power to keep up and finally overtake the dragon. Professor of Marketing at Wharton School, Yoram Jerry Wind says that harnessing the power of the skilled human resources available in the country will help transform India. Chairman of ICICI Bank, KV Kamath told CNBC-TV18, that the Indian corporate scenario is embracing radical transforma...

  • Communication to Empower People, by Rajendra Prabhu

    India has attained national telephone subscriber base of 100 million people, roughly nine per cent of the population. Only five years back, the country had just 28 million telephone subscribers. Today India?s telephone network of over 100 million subscribers is one of the largest in the world and second largest among the emerging economies, after China?. The last 20 years have witnessed dramatic changes in the global communication scene. It started with the recognition that telecommunicati...

    India Press Information Bureau
  • Govt to Launch Micro Finance Fund, Richard Mantu

    South Africans who need start-up capital for their small businesses will now have an opportunity to apply for such loans through the Apex Fund. Trade and Industry Minister Mandisi Mpahlwa is launching the South African Micro-finance Apex Fund (SAMAF) in Rusternburg in North West today. The launch will take place at Motswedi Village. The SAMAF is meant to stimulate development of small medium micro enterprises (SMMEs), opening doors to aspiring entrepreneurs who need loans less th...

    BuaNews (Tshwane)
  • Toyota replants itself near emerging markets, by Norihiko Shirouzu

    Mr. Drasko says he has tried Ford Ranger and Chevy S10 pickups and a Brazilian-built Nissan truck, but no vehicle has proved more reliable than Toyota Motor Corp.’s Hilux model. If you break down in remote oil fields, and it’s winter, you’re cooked, he says. Now, Toyota is banking on a new version of this sturdy workhorse and a couple of related models it will sell mostly in the developing world as a key part of its strategy to overtake General Motors Corp. as the w...

    Detroit News - Autos Insider
  • 3M’s Global Focus, by Brian Gorman

    The St. Paul, Minn.-based firm indicated that it is seeing slowing growth in the developed world and is getting mixed signals from economic indicators. As a result, 3M is counting on the developing world to provide for its future growth. Countries like China, Russia, Brazil, and India will account for almost half of the firm’s total growth in coming years, according to company CEO W. James McNerney, Jr. Of course, 3M is no stranger to international sales, as 60.6% of total reven...

    The Motley Fool
  • Indian firm unveils low-cost Linux-based PCs, by Dinesh C. Sharma

    Affordable computing devices have caught the attention of many technology companies targeting emerging markets such as India and Russia. Advanced Micro Devices, for example, has partnered with Tata Group to market its Personal Internet Communicator in India. And Taiwan’s Via Technologies on Tuesday launched a reference design for a PC that would cost around $250. Encore said its computers target different segments of the low-end market, including students, small businesses, government ...

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