Month: October 2019

first_imgAwards & PrizesJuried Awards:Grand Prize WinnerBest DramaBest ComedyBest Animation/PuppetryBest Non-FictionBest Sci-Fi/Fantasy/HorrorBest Action/Thriller/SuspenseBest PilotBest German SeriesFestival Awards:Audience FavoriteWhat’s Next AwardsWinners of the What’s Next Awards will receive an InkTip Script Listing to promote themselves and their scripts to InkTip’s entire network of producers, managers, and agents. 
Companies who are InkTip members include: ABC, Anonymous Content, APA, CBS Films, HBO Films, ICM, Paradigm, Paramount Pictures, Hallmark Channel, FX, Universal, WME, Echo Lake, Zero Gravity, Bad Robot, 20th Century Fox, and many more. 

Producers have made more than 315 films from scripts and writers found through InkTip.CLICK HERE TO SUBMIT OR FOR ADDITIONAL INFORMATION Advertisement Advertisement Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Twitter Facebook Login/Register With: Webfest Berlin is the first international festival in Germany dedicated to presenting, recognizing and advancing short form digital series from around the world. The third edition of Webfest Berlin will take place on September 8 & 9, 2017.The Webfest Berlin 2017 theme is #WFBSTRATEGY. This year, in addition to discovering the very best digital series in the world, creators, distributors, broadcasters, and VOD Platforms alike, will learn the newest strategies for marketing, selling, writing, and producing short form digital content. Whether you are starting from zero or ready to hit the market, there is a strategy involved. Learn how to make the very most of your ideas and your work at Webfest Berlin 2017. Over 2 days, attendees gain exposure to some of the most innovative story-telling techniques, market trends, and newest production technologies. Webfest Berlin provides a warm and genuine atmosphere which puts industry experts, talented creators, producers, and buyers all on the same playing field. Attendees leave our magical city inspired, educated, and full of new friends, collaborators, and potential clients. The festivities culminate in the announcement of the winners of the 2017 Webfest Berlin Awards at the Awards Ceremony on Saturday, September 9.Join us in 2017 and find your #WFBSTRATEGY to #BEWHATSNEXT!As in 2016, EVERY WEBFEST BERLIN SUBMISSION (INCLUDING FIRST LOOK CATEGORY) WILL RECEIVE A BASIC LISTING IN THE WEBFEST BERLIN CATALOG. FIND OUT MORE HERE: http://www.webfest.berlin/catalog/Find out more about the opportunities that Webfest Berlin offers at www.webfest.berlin**PLEASE NOTE**If you are using a location specific discount code which does not match the project’s country of origin, the submission will be disqualified and will not receive a refund. Only 10 days left to submit your series to Webfest Berlin 2017!last_img read more

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first_img Facebook Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement “We’re pretty excited about the news we’re sharing,” Telefilm’s executive director Carolle Brabant told NOW, an hour after releasing the preliminary results for 2017-2018. The final results will be released in 2018.The projects are either signed or recommended: signed means the films are ready to go into production, while recommended ones are still awaiting a green light pending certain conditions, such as a promised star or other financing partners.READ MORE A year after setting a goal for gender parity in Canadian film by 2020, Telefilm is closer to the finish line than everyone expected.Among the film projects the federal funding agency has in the pipeline for this fiscal year, 44 per cent have a female director attached, 46 per cent feature a female screenwriter and 51 per cent have a female producer.The figure is a heartening leap from the 2013-2014 fiscal year when only 17 per cent of Canadian film projects had women directors. That number plummeted to four per cent for films budgeted over $1 million. Advertisement Login/Register With: Twitterlast_img read more

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first_imgAdvertisement Facebook Twitter Advertisement Login/Register With:center_img After spending the hiatus speculating over his fate, Mary Kills People revealed that Ben (Jay Ryan) was indeed still alive. The mystery was solved in the Season 3 premiere episode’s final minutes as Detective Hall (Scott Cavalheiro) approached Ben about an apparent suicide call he had just been on that seemed a bit fishy given the “angel of death” herself, Dr. Mary Harris (Caroline Dhavernas), also happened to be on the scene. While Ben wasn’t so easily swayed into helping by Detective Hall, he was clearly shocked to learn that Mary was five months pregnant.Those five months have been pretty hard on Ben as well. “He’s kind of down and out,” Ryan told The TV Junkies on a set visit earlier this year. “He’s not only given up Mary, but he’s also given up his career. He’s become a bit of a recluse.” Luckily, Ryan did add that while “he is in a bad state,” when viewers see more of him in this week’s “Girl Problems,” written by Jane Maggs and directed by Norma Bailey, he “progresses and moves forward pretty quickly.” Jay Ryan (Corus Entertainment) LEAVE A REPLY Cancel replyLog in to leave a comment last_img read more

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first_imgAPTN National NewsA devastating fire tore through dozens of homes in Iqaluit last night leaving scores of residents homeless.Making an already bad situation worse, -50 Celsius wind chill made fighting the fire even more difficult.APTN National News Iqaluit reporter Wayne Rivers reports from the scene.last_img

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first_imgAnnette FrancisAPTN NewsBill C-45, also known as the Cannabis Act isn’t quite ready for public consumption a Senate committee looking into the law heard Thursday.Over the next month, the committee looking into the bill will be travelling the country hearing from experts and regular Canadians.Today, health experts had their say.afrancis@aptn.calast_img

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first_imgBrittany HobsonAPTN National NewsTwo men have been charged with numerous sexual offences following an extensive investigation into reports of alleged sexual and physical abuse in a northern Manitoba First Nation, RCMP announced Thursday.Over the course of an 11-month investigation police say they have identified 17 victims in the community of Garden Hill First Nation, approximately 475 km northeast of Winnipeg.Supt. Michael Koppang of the RCMP calls the alleged offences a “tragedy that has and will deeply affect the community of Garden Hill.”Between December 2017 and June 2018 police received three reports of alleged child sexual assault in the community.Following the investigation, police identified 17 children, both male and female, between the ages of three and 15 who were victims of sexual and or physical abuse, Koppang said.Paul Bruce Harper, 21, has been charged with multiple sexual offences including sexual assault, sexual interference and aggravated assault.Paul Bruce Harper has been charged with multiple sex offences. He was first charged in February 2018.“During the course of the investigation…it was learned that this accused had access to a residence that was a foster home for numerous children in the community,” said Koppang.Police say more than 150 children were identified as having contact with Harper.Child abuse investigators from the RCMP or Child and Family Services interviewed the children. Additionally, a number of these youths were interviewed by experts at a resource centre for children and youth.A second male was also arrested and charged with multiple sexual offences in September 2018.The now 20-year-old cannot be named because he was a youth at the time of the alleged offences.Lucy Harper, 66, was the foster mother in the home police believe Paul Harper had access to. She was charged in September 2018 with perjury as well as under the Child and Family Service Act for failure to report a child in need of protection and failure to provide for a child in need of protection.Police would not confirm the relationship between the two accused.A spokesperson for the province would not confirm how long Ms. Harper was a foster parent, but police say she is no longer in that position.The offences took place between 2011 and 2017, according to police.Koppang credits the community with supporting the investigation.“Police rely on cooperation with the community. We don’t do this by ourselves…trust is everything,” he said.Grand Chief Arlen Dumas of the Assembly of Manitoba First Nations and Grand Chief Garrison Settee of Manitoba Keewatinowi Okimakanak, the group representing northern Manitoba First Nations, say support is essential for survivors.“It’s not their fault that this happened,” said Dumas.“I hope that they don’t take any blame or that they feel that anything they had done facilitated whatever may have happened to them.”Settee is urging all levels of government to work together to ensure supports are available to “protect them from future harm.”Families Minister Heather Stefanson calls the allegations “horrific”.She says RCMP notified her of the investigation on Wednesday and since it’s still on-going her department is taking it “one step at a time.”“We need to allow the investigative process to take place. I certainly thing it would be inappropriate for myself or anyone to intervene,” she told reporters.RCMP are urging other potential victims to come forward.bhobson@aptn.ca@bhobs22last_img read more

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first_imgNEW YORK, N.Y. – To better incorporate all of the brands it now owns, the storied Coach company of New York is changing its name to Tapestry.The luxury goods company that came to prominence in the “Mad Men” era now owns brands like Stuart Weitzman and Kate Spade & Co. as well. CEO Victor Luis said Wednesday that the name Tapestry is more inclusive.Coach acquired Stuart Weitzman in 2015 in a deal valued up to $574 million. It spent $2.4 billion for Kate Spade this year, seeking to broaden its appeal. The Coach brand of bags and other goods is alive and well, but it becomes one of three brands sold by the company that will be called Tapestry.“We are now at a defining moment in our corporate reinvention, having evolved from a mono-brand specialty retailer to a true house of emotional, desirable brands,” Luis said in a company release.A website with the new name, which becomes official at the end of the month, is up and running.The change is part of Coach’s pursuit of younger shoppers who may not feel the same draw to store windows on Manhattan’s 5th Avenue.Coach began as a small workshop in Manhattan in 1941, and became a fashion powerhouse in the early 1960s through innovative designs.Coach Inc. will also be changing its ticker symbol on the New York Stock Exchange from “COH” to “TPR.” Shares of the company declined almost 3 per cent to close Wednesday at $38.87.last_img read more

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first_imgLONDON – If you think there’s no escape from the songs of Ed Sheeran, you may be right.A global music industry group says the British singer-songwriter is officially the bestselling recording artist of 2017.The International Federation of the Phonographic Industry says Sheeran had the world’s top-selling album last year with “Divide,” as well as the bestselling single, “Shape of You.”The group’s chief executive, Frances Moore, said Monday that Sheeran’s success “is astonishing and testament to his ability to write and perform songs that connect with a truly global fan base.”The IFPI’s Global Recording Artist of the Year Award measures sales in both digital and physical music formats.The 2016 winner, Drake, came second in 2017. Rounding out the top five were Taylor Swift, Kendrick Lamar and Eminem.last_img read more

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first_imgBEIJING, China – China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial markets sank on fears of global disruption.The Commerce Ministry said higher duties on pork, apples, steel pipe and other goods would offset Chinese losses due to Trump’s tariff hike on steel and aluminum imports. It urged Washington to negotiate a settlement but set no deadline.Trump said Friday that he was not concerned that the tariffs would be a drag on the stock market. He added: “China is going to end up treating us fairly.”In a separate and potentially bigger dispute, the ministry criticized Trump’s decision Thursday to approve a possible tariff hike on Chinese imports worth up to $60 billion over Beijing’s technology policy. It gave no indication of a possible response but a foreign ministry spokeswoman said Beijing was “fully prepared to defend” its interests.“We don’t want a trade war, but we are not afraid of it,” said the spokeswoman, Hua Chunying.On Wall Street, stocks were mixed Friday, but Asian financial markets sank on concern the escalating tensions might disrupt the biggest global trading relationship or lead other nations to raise import barriers.Tokyo’s benchmark tumbled by an unusually large 5.1 per cent while the Shanghai Composite Index closed down 3.4 per cent.The dollar dipped to 104.90 yen as investors shifted into the Japanese currency, which is viewed as a “safe haven” from risk.China’s response Friday appeared to be aimed at increasing domestic U.S. pressure on Trump by making clear which exporters, including farm areas that voted for him in 2016, might be hurt.“Beijing is extending an olive branch and urging the U.S. to resolve trade disputes through dialogue rather than tariffs,” said economist Vishnu Varathan of Mizuho Bank in a report. “Nevertheless, the first volley of shots and retaliatory response has been set off.”The list announced Friday was linked to Trump’s steel and aluminum tariffs , but companies already were looking ahead to a battle over complaints Beijing steals or forces companies to hand over technology.The tensions reflect the dueling nationalistic ambitions of Trump and his Chinese counterpart, Xi Jinping.U.S. efforts to boost exports of technology-based goods, begun under Trump’s predecessor, Barack Obama, conflict with China’s plan for state-led development of global competitors in fields from robotics to electric cars. Foreign business groups complain Chinese regulators are trying to squeeze them out of promising industries.The Commerce Ministry announcement Friday made no mention of jetliners, soybeans or other products that are the biggest U.S. exports to China by value. That leaves Beijing room to take more drastic steps.Chinese officials are trying to figure out how to address U.S. concerns, said Jake Parker, vice-president for China operations of the U.S.-China Business Council, which represents American companies that do business with China.“Until the Trump administration articulates those concerns and how China can address them, it’s going to be very, very difficult for China to make those changes,” said Parker.Washington doesn’t believe it needs to give Chinese leaders another list of requests because they already know what the United States wants, said a senior U.S. official, who briefed reporters on condition he not be identified further. He said Trump and Xi agreed last year on a 100-day agenda of trade-liberalization measures but Beijing failed to act on about half of them.Instead, the Trump administration wants Chinese leaders to address more basic structural issues that interfere with market forces, said the official.The official cited Beijing’s “Made in China 2025” plan as “hugely problematic.” It calls for creating Chinese competitors in electric cars, robots, artificial intelligence and other fields. Business groups complain it will hamper or outright block foreign access to those industries.The latest proposed Chinese tariffs would add a 25 per cent charge on pork and aluminum scrap, mirroring Trump’s 25 per cent duty on steel, according to the Commerce Ministry. A second list of goods including wine, apples, ethanol and stainless steel pipe would be charged 15 per cent.Chinese purchases of those goods last year totalled $3 billion, the ministry said.The U.S. steel and aluminum tariffs also have irked Japan, America’s closest ally in Asia.“We have repeatedly told the U.S. side that steel and aluminum imports from its ally Japan will not adversely affect America’s national security, and that Japan should be excluded,” said Chief Cabinet Secretary Yoshihide Suga.China’s top economic official, Premier Li Keqiang, appealed to Washington on Tuesday to “act rationally” and said, “we don’t want to see a trade war.”The United States buys little Chinese steel or aluminum, but analysts have said Beijing would feel obligated to take action to avoid looking weak.Beijing reported a trade surplus of $275.8 billion with the United States last year, or two-thirds of its global total. Washington reports different figures that put the gap at a record $375.2 billion.Trump’s technology order is in response to “unfair and harmful acquisition of U.S. technology,” said a statement by the U.S. Trade Representative’s office. It said USTR would pursue a World Trade Organization case against Beijing’s “discriminatory technology licensing.”A USTR statement said possible measures include a 25 per cent tariff on Chinese-made aerospace, computer and information technology and machinery but gave no details.China is unlikely to respond until Washington acts but might launch an investigation of imports of U.S. corn and soybeans “as a warning shot,” said Parker. He noted Beijing began a probe of U.S. sorghum in February after Trump announced the steel and aluminum tariffs.On Tuesday, the Chinese premier promised at a news conference Beijing will “open even wider” to imports and investment as part of efforts to make its state-dominated economy more productive.Li said Beijing would “fully open” manufacturing, with “no mandatory requirement for technology transfers.” However, Chinese officials already insist companies aren’t required to hand over technology, so it was unclear how policy might change.___AP Writers Gillian Wong and researcher Yu Bing contributed. Mari Yamaguchi contributed from Tokyo.last_img read more

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first_imgSome of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,477.40, down 41.84 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 30 cents, or 5.75 per cent, to $4.92 on 15.7 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down one cent, or 0.13 per cent, to $7.96 on 6.4 million shares.Trevali Mining Corp. (TSX:TV). Miner. Up 12 cents, or 16.00 per cent, to 87 cents on 5.4 million shares.Canopy Growth Corp. (TSX:WEED). Health care. Up 18 cents, or 0.52 per cent, to $34.98 on 5.2 million shares.Aphria Inc. (TSX:APH). Health care. Up 83 cents, or 7.97 per cent, to $11.25 on 4.3 million shares.Detour Gold Corp. (TSX:DGC). Miner. Up $1.45, or 11.84 per cent, to $13.70 on 3.7 million shares.last_img read more

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first_imgFORT ST. JOHN, B.C. – Fort St. John City Council has approved two contracts to help start the construction of the new RCMP detachment in the city.At Monday’s Council meeting, a staff report was presented recommending a contract be awarded to KMBR Architects of Vancouver for $1,113,300 plus GST and a second contract to Unitech Construction Management Limited for $1,690,600 plus GST.According to the report submitted by General Manager of Community Services, Wally Ferris “Awarding these contracts puts together the core team of the Integrated Project Delivery team.” The cost of building a new RCMP Detachment could go as high as $43 million.  The City hopes to fund the new facility through annual lease payments on 40% of the full capital cost from the Province and through grants with the Federal Government.The City will also use funds from the Peace River Agreement and internal reserves to fund the construction if the project moves forward.last_img read more

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first_imgBURNABY, B.C. – The Independent Contractors and Businesses Association filed a petition in B.C. Supreme Court on Thursday to get an injunction that would put the upcoming provincial proportional representation referendum on hold.The ICBA said in a release today that its petition lays out arguments that the referendum process is legally flawed and violates the Canadian Charter of Rights and Freedoms. In the filing, the organization argues that the referendum that was announced by the NDP government last year is not consistent with the Referendum Act, which calls for “a clear statement of the majority of voters on whether to implement a well-defined and comprehensible new voting system, or to keep the existing electoral system.”The ICBA also argues that the referendum violates foundational constitutional principles, which require a binding referendum on matters of fundamental importance to be “endorsed by a clear majority on a clear question,” and that the referendum does not meet sections 2(b) and 3 of the Charter. “Whether people support proportional representation or not, the process set out by the Horgan Government was rushed, the questions are confusing and the rules restrict voters from getting the information they need to make an informed decision,” said ICBA president Chris Gardner. “On fundamental democratic issues like this, British Columbians have a constitutional right to a clear question, open debate, and as much information as possible.”One month ago, Attorney General David Eby announced the recommendations made in a report on the proposed referendum.  Then last week, the government announced the full list of regulations that the government said would govern the referendum.The list of regulations on the upcoming referendum, and the full 49-page Supreme Court petition by the ICBA can be found below.last_img read more

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first_imgVANCOUVER, B.C. – The Independent Contractors and Businesses Association will be in B.C. Supreme Court in Vancouver today, making the case to Madam Justice Miriam Gropper for an injunction to halt the upcoming proportional representation referendum in B.C.In late July, the ICBA filed for an injunction to suspend the Province’s upcoming referendum on proportional representation until its court challenge filed in June to the referendum’s legality can be determined.The ICBA says it believes the way the government has asked and structured the questions in the upcoming referendum is unlawful and undermines the purpose of a binding referendum, which is to determine whether a fully informed electorate supports adopting a new electoral system. The ICBA’s lawyer Peter Gall will argue that the referendum questions and process are illegal because they don’t present the public with a clear choice between the current electoral system and a defined system of proportional representation – as was the case in the two previous referenda held on this matter in 2005 and 2009.“We are strongly supportive of holding a vote to decide whether B.C. should adopt a new electoral system,” said ICBA president Chris Gardner. “While the provincial government has been trying to rag the puck on our case – using delay tactics to keep their flawed process going, we believe it is in the public interest to ensure this referendum is conducted in a fair, transparent, and lawful manner, given that it involves such a fundamental change to our democratic system.”The court hearing is scheduled to begin at the Vancouver Law Courts at 9:45 this morning.last_img read more

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first_imgNew Delhi: Delhi Police on Friday said that officers from Vasant Kunj police station busted a gang of highway robbers, arresting one of their members on March 11 from a village in Sohna, Haryana. The case was picked up by police following the complaint of one of their victims, who was held captive by the accused for more than six hours. Police said that the accused, Arshad Khan (28), used to drive in a taxi near Mahipalpur on NH-8 with his associates, looking to rob citizens under the pretext of giving them a ride. “The team got a tip-off about Khan’s whereabouts, following which they conducted raids and arrested him,” said police.last_img read more

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first_imgNew Delhi: Delhi BJP on Friday lashed out at AAP chief Arvind Kejriwal over his controversial tweet that depicted his party symbol, a broom chasing a “Hindu swastika”, saying it is a violation of the model code of conduct and aims at disrupting communal harmony. “The Aam Aadmi Party should be invalidated and strict action should be taken against it for attempts to incite communal tension,” BJP leader Vijender Gupta said.The tweet, posted late night on March 20, triggered an uproar on the social media, with the Twitterati slamming the Delhi chief minister for his post, prompting the ruling party to come out with a clarification saying it was not ‘Swastik’ but the Nazi symbol that the AAP leader had tweeted. Also Read – After eight years, businessman arrested for kidnap & murder”It is not only an objectionable tweet aimed at disrupting the communal harmony but also a violation of the model code of conduct. What is the kind of message he (Kejriwal) wants to send out? We demand that their party is invalidated and strict action taken against them for attempts to incite communal tension,” Gupta told reporters. The Delhi BJP on Tuesday alleged that the AAP was trying to incite communal tensions by “politicising the cow” and said it would lodge a complaint with the Election Commission. The BJP’s reaction had come on a tweet by AAP Lok Sabha poll candidate Raghav Chadha in which he wrote “door to door campaigning by BJP” and posted a photo of a cow and a calf standing at the doorstep of a house.last_img read more

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first_imgA manifesto is a 5 year vision for political parties and the road map for social and economic goals. When a vision suddenly misses its significant presence in the manifesto, after it was prominently inked in earlier case, it suggests that it loses its sheen to achieve the goal. In the 2014 BJP manifesto, FDI was heightened as the backbone for Make in India. A separate chapter on Foreign Investment was included. In 2019 manifesto, a feather touch was made on foreign investment. To this end, missing FDI significance in 2019 manifesto raised eyebrows of many. In 2014 manifesto, it chanted “FDI will be allowed wherever needed for job and asset creation…We should not remain a market for global industry. Rather, we should become a Global Manufacturing hub”. Also Read – A special kind of bondDuring BJP’s ruling, India received a gushing flow of cash from foreign investors. Not only this, there was a great leap in quality FDI flow. During 2017-18, more than one-fourth of FDI was flowed in computer software/ hardware and telecommunication, compared to one-sixth share in 2014-15. Given this paradigm shift in FDI, India made a dynamic shift in modern equipment manufacturing and development of services. Indeed, FDI contributed a lot in upgrading India’s manufacturing level to modern manufacturing. Today, more than 50 per cent of cellular mobile phones are manufactured in the country, against none in 2014 after Nokia shut down its shop in Chennai Also Read – Insider threat managementDuring the first four years of BJP government, its pro-foreign investment policy stoked FDI in the country. It spurred by over 45 per cent during the four years period – from US$ 31 billion in 2014-15 to US$45 billion in 2017-18. Besides gushing flow, FDI perked up India’s modern manufacturing level akin to Global Value Chain manufacturing. During 2016-17 and 2017-18, more than one-fourth of FDI flowed in computer software and hardware and telecommunications, such as manufacturing cellular mobile phones and communication equipment. One of the major roles of FDI for an emerging economy is balancing the trade deficit, particularly when the nation is swamped by heavy import of crude oil. India is hamstrung by widening trade deficit, mainly due to large dependence on crude oil. In addition to this, with Modi led BJP vowing for fast growth in digitisation, demand for electronics sky-rocketed. Eventually, it triggered imports of electronic items, given the lackluster development in the country. Electronic imports are the second biggest component in India’s total imports, after crude oil. China is the biggest supplier of electronic items to India, and hence, the major cause of widening trade deficit. In 2017-18, India’s trade deficit with China was highest. It accounted for 38 per cent of India’s total trade deficit. The main cause for this was oversupply of electronic items by China. Over 57 per cent of India’s total imports of electronic items came from China. Given this situation, the counter measure to reduce the trade deficit suggests that more and more Chinese investment should be lured in India, instead of anti-dumping measures. China is seen not a foe, but an opportunity after the US-China trade tiff. Trust deficit has diluted and both are vying each other hearts to increase bilateral investment and trade. Deceleration in Chinese GDP growth, with a rare hope in reverting to high growth paradise in the near term, caused a paranoia among the foreign investors, including the Chinese. Eventually, investment through M&A in China slumped. The steep downfall led China less attractive than India. In 2018, investment in India through M&A was US$ 93.7 billion, which was three times more than in China, amounting to US$ 32.8 billion. The volta-face of China towards India, affected by dilution in trust deficit during the ongoing trade war, was unveiled by its praise over India’s potential as an important destination for investment. According to Mr. Zjao Gancheng, Director of Centre for Asia Pacific Studies at Shanghai Institute of International Studies “India has a wealth of experiences in utilising international capital. There is no doubt it has become more attractive to foreign investors”. As of the end of 2017, the Chinese Ministry of Commerce recorded Chinese investment in India more than US $ 8 billion. Start-ups, infrastructure, and electronic manufacturing have become the key areas for Chinese investment. Nearly US $2.5 billion was committed for investment in Start-up business in between 2015 and 2016. The major investments were Beijing Mitene Communication Technology investment of US $ 900 million in Media.net and Alibaba investment of US$680 million in Paytem and US$ 500 million in Snapdeal. Chinese brand cellular phones, manufactured in India, account for over 51 per cent of the smartphones sales in India. Large penetration of Chinese top brands of smartphones, like Xiaomi, Oppo, One-plus, Gionee, Vivo, Huawei are posing challenges to Koreans and Japanese brands. The Deloitte survey, Global Manufacturing Competitiveness Index (GMCI), 2016, forecasted India to outbid China in low-cost manufacturing competitiveness in the next five years. According to the survey, while China will lose the powerhouse of low-cost manufacturing competitiveness, the Mighty Five – the five Asia Pacific nations, Malaysia, India, Thailand, Indonesia, and Vietnam – will emerge the choice for low-cost manufacturing in place of China. India will be the frontrunner with four countries chasing behind, the survey said. (The views expressed are strictly personal)last_img read more

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first_imgLiberia’s ex-warlord Charles Taylor was on Tuesday transferred from The Hague to a British prison to serve his 50-year sentence for war crimes, the Special Court for Sierra Leone said.“Charles Ghankay Taylor… was transferred today from the Netherlands and the custody of the Special Court to the United Kingdom, where he will serve the remainder of his 50-year sentence for war crimes and crimes against humanity,” the court’s Freetown office said in a statement.last_img

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Geneva – Morocco has attracted 3.36 billion dollars of foreign direct investment (FDI) in 2013, a significant increase of 23 percent compared to the previous year, according to a UN report on “World Investment.”According to the report of the UN Conference on Trade and Development (UNCTAD), the Kingdom is reinforcing its positioning as a hot destination for foreign investment, thanks to an industry with a strong potential.It is the manufacturing sector that attracts most foreign investors, followed by the real estate sector, agribusiness and infrastructure, said experts from the Geneva-based UN agency. The UNCTAD notes that Morocco has benefited from a strong growth in its FDI in 2013, despite investment slow-down in North Africa, because of the political and social unrest.As for outward investment flows from Morocco, they were down 18 pc in 2013 to reach 331 million against 406 in 2012. read more

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Casablanca – This summer in Germany has turned into the summer of refugees. This issue is a priority of Germany’s political agenda and feeds their local newspapers on a regular basis.Hundreds of thousands of refugees have fled to Germany for protection and support. The German authorities have nearly reached their limits: personally, physically, and emotionally. The situation in German refugee camps is currently full of chaos, nuisances, and violent outbursts. This is due to the overcrowding of camps and the lack of staff to cope with medical and psychological issues.The number of refugees is increasing tremendously. According to the German Federal Office for Migration and Refugees, approximately 180,000 new asylum applications were registered in the first half of 2015. This is a substantial increase from the numbers in 2014. Refugees have come to Germany from Syria, Albania, Afghanistan, Iraq, Serbia, Kosovo, Eritrea, Macedonia, Pakistan, and Montenegro.Although Germany tries to evenly distribute the refugees throughout the federal states, the problem of lack of accomodations remains. This led to temporary solutions, such as setting up tents in parks, parking lots, gyms, youth hostels, isolated fields, and others.The influx of refugees has split a clear line among the German public. While many Germans volunteer to help wherever possible, a minority of people, especially from the extreme right-wing, try to agitate the German people to develop xenophobia. read more

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